33 minutes | May 28, 2021

First Deal Episode with Tyler Caglia and Mike Van Groningen

First deal for Tyler and Mike was a 124 unit property in Lafayette, LA. Biggest key to their success was the power of their network and mentors.

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Tyler Caglia and Mike Van Groningen

Tyler Caglia and Mike Van Groningen are co-founders and managing members of CVG Capital LLC. Based in central CA, they have many years of experience in the real estate and construction industries. Their career experience includes involvement in estimating, contract execution, and management of highly technical, accelerated construction contracts exceeding $150 million in value. After years of buying, rehabbing, managing, and selling smaller rentals both locally and out-of-state, they recently syndicated their first large multifamily property in Lafayette, Louisiana. The 124 unit class C property was purchased off-market for $6.5 million in March of 2021. Tyler and Mike are both the lead sponsors and asset managers of the deal, and they look forward to adding tremendous value to the property in the coming months. Check out their website https://www.cvgcapitalllc.com/
Your host, Brian Briscoe, is a co-founder and principal in the real estate investing firm Four Oaks Capital.  He and his team currently have 485 units worth $21 million in assets under management and are continuing to grow.  He will retire as a Lieutenant Colonel in the United States Marine Corps in 2021. Learn more about him and the Four Oaks team at www.fouroakscapital.com  or contact him at brianbriscoe@fouroakscapital.com - be sure to let him know where you found him.

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