In this episode, host Whitney Sewell continues his conversation with guest Dan French, discussing real estate market trends and their company’s preparations for future projects.
Dan reveals that in 2019, they decided to become net sellers of assets due to the frothy market and low cap rates. They sold about a billion dollars in assets and are now raising a fund to capitalize on the gathering storm caused by the historic rise in interest rates. They focus on locating downside-protected deals in excellent locations and have expanded their asset class focus beyond multifamily properties.
Furthermore, Dan emphasizes the importance of thorough due diligence for passive investors and tracking metrics such as market supply. Currently, their biggest challenge is finding capital partners who share their philosophical alignment.
Dan attributes his success to his upbringing and the support of his parents. He also gives back through his business by empowering people and serves on the board of the John Paul II Life Center, which assists pregnant women and families in need.
To connect with Dan French and delve deeper into his real estate expertise, you can reach him at 845-629-1808 or connect with him on LinkedIn. Explore more about ATX Acquisitions on their website. Don’t miss this opportunity to gain invaluable insights and guidance from Dan in the real estate industry.
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About Dan French:
Dan French has nearly 20 years of experience in transacting and operating real estate. He currently serves as the Managing Director of ATX Acquisitions and CEO at ResProp Management. With a history of operating over 15,000 apartment units and selling 80+ properties, Dan has returned nearly $1 billion to investors and partners. Additionally, he is a Managing Partner at Rex, a technology venture aimed at disrupting the real estate industry. Dan is married and has four children.
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