JF3540: Converting Commercial to Residential, Adapting to Change, and Why Fixed Rate Debt is Key ft. Nick Stageberg
Nick Stageberg, founder of Black Swan Real Estate, manages $330 million in assets, focusing on value-add repositions. Their GPLP model splits profits 50-50, with LPs getting their capital back first. He advises starting small, scaling up, and adapting...
The Best Ever CRE Show · Joe Fairless
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Show Notes
Nick Stageberg, founder of Black Swan Real Estate, manages $330 million in assets, focusing on value-add repositions. Their GPLP model splits profits 50-50, with LPs getting their capital back first. He advises starting small, scaling up, and adapting quickly.
Nick Stageberg | Real Estate Background- Black Swan Real Estate
- Portfolio:
- 1400 units, both single family and large multifamily,
- $330 AUM
- Based in: Rochester MN and Tacoma WA
- Say hi to him at:
- Best Ever Book: Principles by Ray Dalio
Sponsors:
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