To generate consistent, sustainable and long-term best in class returns in commercial real estate by living our core values and emphasizing technology
1. Integrity – To be honest and adhere to moral principles
2. Respect - Treat others the way we want to be treated
3. Dedication – Wholly committed to a course of action
4. Commercial Focus - Main emphasis is pursuit of profit
5. Philanthropy - Promote the welfare of others
Our goal for 2021 is to establish deal flow to acquire properties with the following characteristics:
1-2 multi-family/mixed use properties
Class B & C
8-10% CAP
$1M+ market value per property
Focus on properties with value-add potential
Higher vacancy rates, unfavorable for lenders and/or distressed assets
Two target markets: Columbus, OH & Denver, CO
1. Identify value-add potential properties, such as:
Poorly managed assets
Higher than average operating costs
Higher than average vacancy rates
Below market rents
Unattended assets
Unit density increase potential
2. Key strategy drivers:
Establish strategic relationships with brokers, property managers, and capital providers
Be disciplined in strategically deploying capital for longer-term market cycles
Deploy technology and analytics to uncover and drive efficiencies
Director of Engineering at Arsi, a Denver based private gas company backed by the Koch Brothers
Previously Engineering Manager for S&A Resources; capitalized with $150M from Denham Capital
Previously Petroleum Engineer at Anadarko for 8 years ending with a team lead position
Bachelor of Science Degree in Petroleum Engineering from the Colorado School of Mines
Licensed professional Petroleum Engineer in the State of Colorado
Limited Partner in the $5M Rockies Venture Club Fund I
Founder of Coneg LLC, which since 2011 has grown to $40M under management and revenues of $300K/year
Serial entrepreneur with over $100M in real assets acquired
Founder of the Main Street Energy Fund – a $20m private placement focused on producing mineral rights in 4 states
Bachelor of Business Administration from Baylor University
Pioneer of data-driven solutions to source and evaluate deals
Hobbies – Golf, Scuba, Mountain bike, and student pilot