JF2642: How Smaller Deals Can Lead to Bigger Payoffs with David Kislin
During the 2008 recession, David Kislin’s bank that handled his construction loan filed for bankruptcy. Fearful for the future, his partners backed out of the project, causing David to lose half of his equity on the deal, totaling around $6 million....
The Best Ever CRE Show · Joe Fairless
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Show Notes
During the 2008 recession, David Kislin’s bank that handled his construction loan filed for bankruptcy. Fearful for the future, his partners backed out of the project, causing David to lose half of his equity on the deal, totaling around $6 million. From lessons learned on relying too much on investors to the time saved on more granular deals, today David shares why he believes smaller deals can be smarter deals.
David Kislin Real Estate Background
- Full time commercial real estate investor since 1999
- Primary focus in multifamily, select commercial properties, and land for ground-up development using a mix of personal capital and a small group of high net worth investors
- Current portfolio consists of over $300M properties completed
- Based in Boca Raton, FL
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- Say hi to him at: https://jeldevelopment.com/
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