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The Best Ever CRE Show

JF2573: University Off-Campus Housing Investing with Frederick Pierce

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7996 Ratings

🗓️ 18 September 2021

⏱️ 34 minutes

🧾️ Download transcript

Summary

Frederick Pierce got the commercial real estate bug while still in college. Now, he owns one of the largest student housing companies in America. Today, Frederick is telling us the criteria he looks for in universities, the types of requirements current-day students look for in their housing, how he finds financing for these multimillion dollar deals, and why he’s not developing multifamily housing in non-university settings.    Frederick Pierce  Real Estate Background: Founder, President, and CEO of Pierce Education Properties Actively involved full-time as an owner/operator in the student housing industry nationally  Pierce Education Properties owns nearly 20 major Student Housing communities located in the Midwest, south and northeast sectors of the United States.  He will begin construction of two sizable Student Housing Projects in San Diego in the 4th quarter of this year that will be adjacent to San Diego State University, his alma mater. Based in San Diego, CA Say hi to him at: www.pierceeducationproperties.com   Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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1:05.0

You need to know what your objectives are.

1:07.3

So many real estate professionals and entrepreneurs are what I would call deal junkies. So if they go find a deal, they do the deal,

1:16.7

whether it's buying an investment, then they hold it and then they sell it, or whether

1:20.5

it's doing a development and you buy the land you do the development then you sell for property.

1:25.4

Lots of deal junkies out there.

1:27.4

Quick disclaimer, the views and opinions expressed in this podcast are provided for

1:31.4

informational purposes only and should not be

1:33.8

construed as an offer to buy or sell any securities or to make or consider any

1:38.8

investment or course of action for more information go to best ever show.

1:44.0

I want to introduce to you Ash Patel. He is a full-time commercial real estate investor.

1:48.0

He's going to be doing the interview today and a lot of them moving forward.

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