JF 3933: Elevator Failures, Emotional Investing, and Office-to-Apartment Plays ft. Matt Drouin
The Best Ever CRE Show · Joe Fairless
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Show Notes
On this episode of Beyond Multifamily, Amanda Cruise and Ash Patel interview Matt Drouin, managing partner at Oak Grove Development. Matt shares how his asset-agnostic, opportunistic approach has led to a $18 million portfolio across 25 commercial properties in Rochester, NY. He dives into the strategy behind acquiring underperforming office buildings—like a 55,000-square-foot historic skyscraper bought for $1.5 million—and converting them into workforce housing. Matt also discusses the pros and cons of joint ventures versus syndications, the value of local market dominance, and how he's leveraged content creation to expand his investor network and broker relationships.
Matt Drouin
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Current Role: Managing Partner, Oak Grove Development
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Based in: Rochester, New York
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