JF2889: Hidden Perks of D-Class Value-Add Investing ft. Craig Berger
Craig Berger is the founder and CEO of Avid Realty Partners, which buys, owns, renovates, and eventually sells multifamily apartments along with other commercial realty assets. He is a GP of 1,149 units and is based in Manhattan, NY. In this episode,...
The Best Ever CRE Show · Joe Fairless
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Show Notes
Craig Berger is the founder and CEO of Avid Realty Partners, which buys, owns, renovates, and eventually sells multifamily apartments along with other commercial realty assets. He is a GP of 1,149 units and is based in Manhattan, NY. In this episode, Craig shares about the struggles and wins of investing in what he refers to as class D- properties, his criteria for what makes a great deal, and the importance of diversifying your portfolio across asset classes and markets.
Craig Berger | Real Estate Background
- Founder and CEO of Avid Realty Partners, which buys, owns, renovates, and eventually sells multifamily apartments along with other commercial realty assets.
- Portfolio:
- GP of 1,149 units
- Based in: Manhattan, NY
- Say hi to him at:
- Best Ever Book: Building an Elite Organization by Don Wenner
- Greatest lesson: There are no shortcuts to building a real estate platform. It requires persistence, an incredible amount of hard work along the way, strong risk management skills, robust decision analysis (including avoiding landmines), and the ability to scale processes and systems to reach new milestones.
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