Behind The Bricks with Peter Von Der Ahe
About This Show
Behind The Bricks is a podcast about New York City Multifamily Real Estate Investing. Specifically, I’ll interview and have discussions with the most active and fascinating NYC apartment building owners in the industry. The goal of these talks is to go behind the transactions and explore what drives these individuals and the investment choices they make. How do they balance opportunity with the obstacles and the risk with the rewards? Some shows are biographical, some are about management operations, and others will have a macro focus to uncover the philosophies and mindsets of these real estate icons. In essence, I am looking to uncover the skills, qualities, and experiences that have made them successful. Success is no accident and we all have something to learn from these achievers. In doing so, we can improve ourselves and the world around us. For more information about the show or investing in New York City, visit us at www.behindthebricks.com.
Peter Von Der Ahe leads the top multifamily investment sales team in the NYC metro area. For more information about them and related opportunities, go to www.newyorkmultifamily.com.
Most Recent Episode
Show #10 - Urban American Private Equity, Workforce Housing, & Institutional Investing - Behind The Bricks With Peter Von Der Ahe
4 days ago
Urban American is a pioneer in the world of raising private equity specifically for workforce housing investing. These underserved properties are attractive for their stable cash flow and occupancy - but harder to operate - and Urban was one of the first institutional investors to scale this segment of the market. Over the past 20 years, the firm has bought and sold thousands of units. Started by Philip Eisenberg, today we speak to him and his son James. To begin, Both Philip and James spent time in the Army and we discuss how this unique background influenced their work ethic, mindset, and current business operations. We touch upon their first building purchase and how they created a proprietary process to meet high tenant standards in difficult environments. We also speak about dynamics of the market today: What are the differences between foreign and domestic funds? What are the hottest (and not so hot) markets? What drives the real estate cycle and where are we in that cycle? Finally, we round out with some memorable tenant stories and personal recommendations for growth and opportunity. In this show, we discuss: How did being in the Army shaped their work ethic and trained them to be super-focused? How did Urban American become the pioneer in the world of raising private equity to participate in owning and operating of workforce housing? When did they realize they were onto something with workforce housing? How did they design solid processes in order to meet high-quality standard? What are the differences between foreign and domestic funds? What is Urban American’s superpower? How did a building fire test their expertise in the business? What submarkets are hot today? Which are not? What drives the real estate cycle? Where are we in the cycle? What is their internal process for acquiring new properties? and much, much, more Please visit www.behindthebricks.com for more information
Episodes of This Show
Dec 26 2017
Dec 1 2017
Nov 1 2017