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Updated almost 8 years ago on . Most recent reply

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Anthony Smith
  • Houston, TX
1
Votes |
2
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Looking for a Experienced Multifamily Syndicator

Anthony Smith
  • Houston, TX
Posted

Hey BP fam, I'm a newbie to apartment syndication and I'm looking for a syndicator in the Houston area to learn more about syndicating apartment deals. I've been analyzing properties in the surrounding areas I even created an investor package to show I have some basic knowledge. I can add value to you for your time invested with me I'm willing to do all the leg work with a little bit of guidance.

Thanks for anyone's response. 

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John Jacobus
  • Investor
  • New York, NY
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John Jacobus
  • Investor
  • New York, NY
Replied

@Anthony Smith Brad Sumrok's group is very active in Texas.  He and other lead sponsors in his group invest in Houston and several other markets in Texas and beyond.  Brad's group has significant brand and reputational equity in Texas, which helps with deal flow, attracts capital from investors, and simplifies the process of obtaining financing from lenders.  The team has a solid track record of closing which is very meaningful in this industry.  

Brad holds educational events approximately each quarter.  The next one is July 15-16 in Dallas.  The event will provide you with an opportunity to meet other lead sponsors and like minded investors.  You may also benefit from the educational content and bus tour.  For more information, Google "Brad Sumrok" and look for his "Rat Race 2 Retirement" event.  Keep in mind that the main focus of the event is to attract new students to his mentoring program.  However, I believe the event offers significant value to those who aren't interested in joining the mentoring program.  I attended the event last weekend and found value in networking with other deal sponsors, passive investors, and mortgage brokers.  I also enjoyed hearing success stories from others who have achieved significant milestones and touring 3 apartment communities owned by Brad's students.

In addition to Brad's group, I also recommend looking into Think Multifamily.  Mark & Tami Kenney are active in Texas and Georgia.  They also lead networking events in Texas.  I attended their last 2-day educational conference in January and found it worthwhile.

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