Working Capital The Real Estate Podcast

Real Estate Syndication and Asset Management with Kent Ritter | EP48

Apr 19, 2022

In This Episode

Kent is a Managing Director with Birge & Held Asset Management, a multifamily private equity firm with over $1.4 billion in assets under management. Kent’s skillset as a multifamily operator draws from a successful career as a management consultant and a startup owner. Now  he applies that skillset to transform apartment buildings and create modern affordable housing for America’s workforce. 

In this episode we discuss:

  • How Kent kicked off his real estate career
  • The role of the deal sponsor
  • Geography’s impact on real estate
  • Kents initial investments
  • Preparation before Kent’s first deal syndication
  • Mentorship
  • Investing out of state
  • Real estate in the midwest
  • Founding of Kent’s own company and its market niche
  • Structure of deals
  • Key principles of investment 
  • Current state of economy and safety cushion
 

Transcript