Jun 8, 2018
Can’t find the RIGHT apartment building to buy today?
Did you every consider BUILDING a new apartment?
Vino & Mangesh Patel build apartments in Texas. Listen to this
father and son team explain how they went from owning hotels in the
1980’s, then acquiring and rehabbing value add multifamily
properties in the late 1990’s and 2000’s and now, BUILD ground-up
new construction apartment structures for the last few years.
Today, the Patel’s build large 150-200 unit, Class A- apartments in
in-fill locations in DFW.
Their competitive advantage is their cost savings that they create
in building smaller properties. They buy the land at the right
price, negotiate with their construction materials vendors hard,
and are usually the general contractor overseeing the entire job.
By coordinating all aspects of construction, they are able to build
a better product in the market place at a lower price.
Today, they are also building senior housing.
Listen to this podcast to discover what is important in building a
new apartment building.
To contact Vino Patel:
vino@mphpartners.com
To receive our FREE 15 page WHITE PAPER REPORT on the 2018
FUNDAMENTALS OF MULTIFAMILY FINANCING 101 and to learn more about
upcoming events at Old Capital Speaker Series please visit us at
OldCapitalPodcast.com
Are you interested in learning more about how Multifamily
Syndications work?
Please visit www.spiadvisory.com to learn about Michael's Real
Estate Syndication business with SPI Advisory LLC