Suyen Fernandez is part of the Investor Relations team at Origin Investments where she is responsible for capital raising and maintaining relationships with Registered Investment Advisors and Institutional clients. Michael Episcope worked as a commodities trader for 15 years while investing passively before deciding to take things a step further and earn a master's degree in real estate. Well have that for probably another four years. At Centro, Geoff focused on personalizing the companys messaging strategies and expediting adoption of their proprietary software a comprehensive solution for both brands and agencies. In his free time, Ryan enjoys traveling, running and cooking. Seasons: 7, 9, 12, 17, 19, 22. Daniel is responsible for fund level accounting and monthly reconciliations across all funds. Michael Episcope: You had an off-market deal in a great suburb, great physical quality asset. Now, that money can be spread across 15 to 20 deals over asset class because we do multifamily and office by geography, cause were in eight different cities around the United States. He made sure the tennis courts were great. Reputation Score: 2.59 - 3.76. And so you have even[overlap talk]. Worked at the Chicago Merc Exchange. What is the proper debt to equity structure? But we have adopted an institutional fee structure. Thats a great strategy. It peaked at #3 on The New York Times Best Seller list. He is a runner, frequent traveler, amateur tennis player, and beach/pool enthusiast. If you try to be a generalist, frankly in any business In fact, I just preached about this in my live event, How to Think and Grow Rich Napoleon Hill said, The key to success is specialized knowledge. You have to be a specialist. Ill tell you though, I wouldnt trade it for anything, even though I made a ton of mistakes, and I learned a ton, but it has really helped shape me as an investor and what I am today, and why I do what I do. There are deals to be had but not as easy. Any investment opportunities mentioned on this podcast are limited to accredited investors. Theres another great. I has some okay experiences, I had some not so great experiences, as well. Ill take you back a little bit farther maybe than you wanna go Born and raised in the Chicago area. Theres nuances behind here but what it comes down to is this notion of alignment. I can give you a couple of examples if you want. I love it. Access Your Free Copy Of The MF Property Checklist Now And Gain The Guidelines To Securing Your, MMXXII K L Promotions, LLC All Rights Reserved. In her free time, Tijana enjoys to workout, read books, and spent time with her family and friends. The company acquires, owns and operates office and multifamily properties in eight U.S. markets. She received her Bachelor of Arts Degree in Communications from the University of Illinois at Urbana-Champaign. I think theres a misnomer that funds are more expensive than individual deals, and thats just not true. She is instrumental in executing marketing campaigns to drive new investors for our private real estate funds. In 2020, Schmidt penned the book - "Inside the Struggle to Stop a President.". He is co-CEO, co-chairs the investment committee and oversees investor relations and capital raising. Before Equity Office Properties, Tom worked as a commercial credit analyst at JP Morgan Chase. Thats one of the distinct advantages but it comes down to creating structures that we want to invest in. (No Ratings Yet) I really wanna flag that for you, guys. What we try to do here, risk management is a huge component of what we do. My first career was in commodities trading. His investment philosophy is rooted in risk management and value creation, and he's been an active real estate investor for more than 15 years. And even more importantly to that, the debt has to match the business plan of the asset and making sure If were buying an office building, theres a risk that one of the larger tenants may vacate over the next two years, then our debt today has to be matched to the potential exit of that tenant. Justin graduated from DePaul University in 2019 and earned his Bachelor of Science in Finance. She is an analytical, creative and strategic thinker who views marketing as the psychology of business. Bills design practice emerged out of a fine arts background. She is a life-long resident of Chicago and lives with her husband, daughter, and dog in Forest Glen. We pulled our capital together, and we built a firm. Bill received his BFA from the School of the Museum of Fine Arts, Boston in partnership with Tufts University (SMFA at Tufts). Once you figure out how much money Michael Alan Singer is making everyday, it is much easier to estimate Michael Alan Singer's Youtube net worth! Kate joined Origin in 2021 after a tenure at Ventas, a S&P 500 company and a leading healthcare REIT. Origin is not only when youre sitting there and youre a principal, and you have so much of your money invested. The additional shot of funds from these investors helped complete deals that otherwise may not have happened, Landes added. Stephanie's Voice career has been on and off, but fans think of her as a regular due to her . Tijana joined our team as an Investment Management Analyst. Parking revenue was a big one there Just fixing everything that weve identified from day one. During the summer, Grace enjoys biking along Lakeshore Drive and makes the most of the big city by exploring new places, museums, parks, restaurants and festivals. Prior to joining Origin, Vince worked at Duff & Phelps where he conducted business enterprise and intellectual property valuations for use in the corporate acquisition process. Originally from China, Grace came to the U.S. in 2011 to pursue a Master of Science in Accounting degree, which she received in 2013 from the University of Illinois at Chicago. Of course, youre absolutely fixing these units up to sell them as condos. After graduating from UIC, Grace worked as a staff accountant at the food industry consulting firm Technomic, Inc. (now part of Winsight), in downtown Chicago. Michael is co-CEO of Origin Investments, co-chairs the Investment Committee, and oversees investor relations, marketing and company operations. I would caution people. Note that Michael Episcope frequently shares his knowledge with all individual investors on Origin's blogs and Forbes. North Hills, CA. Rod Khleif: Those that dont know what hes talking about here, back when things were going fast and loose in 05, 06, 07, a lot of apartment owners were condo-mizing those apartment complexes and selling them off one at a time. Kirk Franklin - $8.5 million Recording artist Kirk Franklin attends the BET Inauguration Ball in Washington, DC. In her free time, she enjoys spending time with her nieces and nephews, working out, trying new restaurants, and taking Latin Ballroom lessons. Michael talks about how Origin is navigating the current real estate market, its venture in Qualified Opportunity Zones, and the funds it . He currently resides in the Knox Henderson neighborhood of Dallas and is originally from Ohio. I think that the risk is exponential when you start managing other peoples money. Michael Episcope: It came to fruition in 08. legal firm chicago deaths legal firm chicago deaths. Wedge Brands, an outdoor industry holdings company, got $1M from a group . Rod Khleif: Guys, just so you heard that, hes in at the third equity instead of the typical agency debt. What markets are growing? He has been a Vistage member for more than six years and lives in Chicago with his wife and three children. Michael Episcope: I think thats where a lot of people make the mistake, its looking at, and comparing returns to one another. Vinces responsibilities include expanding the firms investor base and serving the needs of our Registered Investment Advisor and high-net worth individual investors. Spencer is responsible for underwriting prospective commercial real estate investments across all of our target markets. With Michael's leadership, Origin has $1 billion in equity under management and has executed more than $2.6 billion in real estate transactions in fast-growing markets throughout the U.S. Priya is the controller of Origin Investments and joined the team in June 2009. .. In many ways, we found a deal that really spoke for itself, and we gave it a way, and it was a great market [overlap talk]. Gwen Stefani. Prior to Centro, Geoff spent over a decade in marketing for higher education institutions, non-profits, and startups. That trend is . Ryan serves as a Data Scientist here at Origin Investments. Origin builds, buys and lends to class A multifamily real estate, in a tax and climate-friendly state. Its not borderline at all. This was fantastic. Before Link, he worked as an Analyst on the Capital Markets Research team at JLL. He earned an MBA with a concentration in Real Estate Finance & Investment from DePaul University and Bachelor of Science with a degree in Finance from The University of Central Florida. Rod Khleif: Sure And their friends, and their relatives. Which actually add some complexity because youve got a homeowner; youve got an association associated with those units so its kinda a complex thing to get into. How about some seminars, or times you got your nose bloodied, or learning experiences? Rod Khleif: Let me ask you this, you find an A-minus asset, or a B-plus asset, its not like the heavy reposition that you would do on a C-asset where youre going in and completely redoing the interior and all that. Why is the asset underperforming? Prior to joining Origin full-time, Ryan was a Data Scientist intern. Appreciate you having me on today. Michael Episcope: On a syndicator deal, what they will do is that they dont charge on committed capital, they charge on acquisition fee because for every deal that they do end up finding, theres probably 20 deals that they didnt find that they had to pay their expenses. Specialist vs Generalist Michael Episcope: I mean a lot of people, Im probably guilty of it as well, but a lot of people correlate, because they have money, they know more than the other person. In her role as part of the Trustee department, she provided cash reconciliation and portfolio services on a variety of corporate debt securities for clients. Prior to joining Origin, Bill orchestrated due diligence, entitlements, pre-construction, self-perform construction, and owners representative duties at Core Spaces and Gables Residential. Michael Episcope: When an investor commits to a fund, they start paying fees on their entire commitment on the day they commit. The value of continuing education Michael Episcope: As a passive investor, yes, it sort of getting my point. What are your thoughts about whats coming up and on the horizon? Those of you that are doing your own syndications, do not short-circuit that process. Photo: @Bennett Raglin Source: Getty Images Age: 52 years All of a sudden, I came across this website where it was a hard money lender where this sponsors name was involved, and what he had done is took our property which was fine, wasnt underwater, it had plenty of equity, and he pledged it for a loan for another property. Earlier positions include opinions editor and copy chief at Crain's Chicago Business, and global director of public websites at Arthur Andersen. a healthy allocation to alternatives in an ultra-high net worth investor portfolio is attractive, because you get basically higher risk-adjusted returns when you go . The HVC all those things. Rod Khleif: Sure. We just wanted to build a firm around our capital that would represent us as individual investors, in a way where we could take advantage of the market and take advantage of real estate investing and realize its true benefits. 242 S. Washington Blvd Suite 319Sarasota, FL 34236. Yeah, and it was our second asset in Naperville. I think that the smart investor is one who is humble and understands what he knows, and what he doesnt. Bills experience includes a variety of product types, such as high-density wood frame and high-rise concrete products in markets throughout the country, such as Boston, Southern California, South Florida, the Mid-Atlantic, and the Midwest. Michael brings 25 years of investment and risk management experience to the company and believes that calculated risk-taking in inefficient markets is the key to building wealth. At the age of 19 years old I got a summer job down at the Chicago Mercantile Exchange and that was between my freshman and sophomore year of college at DePaul. Cardones average ROI has exceeded 200% on 22, Chris Voss Author of Never Split The Difference Former FBI Hostage Negotiator. Youre coming in at 33%. Cause you touched on it with me offline, Id like my listeners to hear that. Melissa received a Bachelors degree with a major in Strategic Communications from the University of Kansas and a Masters degree in Integrated Marketing Communications from Northwestern University. Why funds vs syndications Originally from Wisconsin, he is an avid Green Bay Packers and Wisconsin Badgers fan. Prior to Origin, David served as company president for a privately financed hedge fund. David Scherer formed Origin Investments in 2007, along with co-founder Michael Episcope. I know you do multifamily and office but obviously our focus is multifamily, but talk about how you get going. You have to over communicate to give your investors comfort. Very impressive, buddy, I really appreciate you taking the time to be on the show. Maria serves as a marketing associate at Origin, working with and supporting all marketing channel owners. Prior to joining the Origin team in November of 2021, she worked as a Real Estate Executive Assistant/Office Manager at Realty Of Chicago. Its a different way of getting to the same place. No, its critical, anytime these relationships fail, its through a lack of communication, so thats absolutely a great point. If youve enjoyed the show, please take a minute to visit iTunes and leave your comments. It all is influenced by that notion of alignment, and where you sit. Market. Michael Episcope is also a principal and co-founder of Origin Investments. . Check BackgroundGet Contact InfoThis Is Me - Edit Court & Arrest Records View All This section can be locked, requiring permission to view. There he coordinated, deployed, and measured lead-generating campaigns and promotions that led to YoY growth in core markets. Cody previously worked as an accountant for the Pritzker Family Office where he was responsible for managing the accounting duties for a number of different investment entities. It was in 2007 that my partner and I got together, and we decided, and kinda came to the same conclusion that we can do this better with our own capital. Following his time at MB and prior to joining Origin, Ken worked as a project manager for Landmark Building Group. Investors who are locked into real estate assets are spared from the temptation of panic selling that ruins so many stock portfolios. Additionally, Dave was a member of the Portfolio Management group that oversaw the investment management and strategic direction for two separate account pension fund clients that had a combined asset value of more than $2 billion and comprised over 10 million square foot of multifamily, office, retail and industrial assets throughout the U.S. Previously she studied accounting as a undergrad at Capital University of Economic and Business in China. Michael Episcope: While in a fund structure, if you have one deal that needs capital and the other deal is doing very well and spewing off cash flow, all of that cash flow rolls up to the fund. If you get that right, then thats who you really want to put your money with, whether its a syndicate or a fund. Everybody knows my $50 million seminar in 08, and Ive been through other cycles as well that were equally impactful, negatively impactful. I mean, everybody thinks this journey to success is easy. We just dont believe that so as weve seen this rent gap between urban and suburban just widen, one of our thesis is that we wanna be in suburban multifamily, so when this swings, and these Millennials start moving out there that we can position ourselves for that. He was raised in well-settled family background. Michael Episcope: Rod, just to back your other point, we talked about fund advantage, one of the nice things, if you have an individual deal, and it goes bad, you cant borrow from another transaction to ride the ship in that deal, cause chances are you have different investors across. Katina is a Senior Associate on the Investor Relations team. Some assets weve sold in a year and a half, some assets we hold five or six years. He remains active in the community and alumni Programs for both MSU and the Evans Scholarship House. I think Class C might be generous in some of that stuff. Since its start in 2007, the firm has executed $1 billion in real estate transactions and has more. Since 2003, Dave has been involved with the sourcing, closing and execution of more than $1.9 billion of commercial real estate acquisitions, dispositions and development projects. He had five, six, seven deals that were all going south. Phil is responsible for sourcing, structuring, and the execution of new acquisitions across the state of Texas, as well as overseeing the strategy and implementation of Origin's proprietary markets selection database. Michael Episcope: Thats a little bit on the equity amount. Prior to Lightstone, he performed as a trusted advisor to the HSBC Amanah Global Properties Income Fund ("GPIF"). A business plan generally takes anywhere from 18 to 36 months, and instead of generating 7%, a stabilized asset, maybe well generate 12% in two years and well get some level of appreciation. He was formally trained as a multi-disciplinary artist with an emphasis on conceptual thinking at the School of the Museum of Fine Arts, Boston. Prior to joining Origin Investments, Katina worked as an analyst at Equity Lifestyle Properties (ELS) where she focused on underwriting RV & MH developments and capital improvement opportunities. With his co-founder David Scherer, he created Origin to provide the same caliber of service, terms, and results that were exclusive to only large . Michael brings 25 years of investment and risk management experience to Origin. He currently resides in the Lincoln Park neighborhood of Chicago and enjoys traveling, cooking, and spending time with family & friends. Before joining Origin in the Fall of 2018, Bill worked as an independent graphic designer. Prior to joining Origin Investments, he underwrote and transacted commercial real estate investments at Equity Office Properties. Prior to joining Origin, Priya was the controller of a privately financed real estate development company where she managed a team of accountants, and was responsible for building and managing accounting systems, internal controls and overseeing the financial reporting and operations of the firm. Before his current role, he served as Senior Associate of Investment Management for Origin Investments, overseeing the execution and strategy of the firms assets, as well as an Associate in the Acquisitions group where he closed over $400 million of multifamily and office assets. But because its in fund to, we have a specifically designed strategy where we are going to sell this asset but well probably hold it, six-years versus our five-year business plan because its going well. Real estate's role in the Yale portfolio is to hedge against . Michael Episcope: Yeah. I mean, these are Rod, youre really experienced in this area as well, but these are little mini companies that you have. Michael Episcope: Then we had nine that we bought out over time. Rod Khleif: You have to be continually learning. Taking into account various assets, Michael's net worth is greater than $499,999; and makes between $150 - 174,999 a year. Tom joined Origin Investments in early 2011 and is responsible for sourcing multifamily investments across the Western United States. Isabela is an assistant vice president in the Investor Relations department who is responsible for ensuring that our current investors are up to date with their investments and educating our future partners about Origins offerings. They will be clamoring to give you money, and to tell all their friends to give you money. It was in the late 90s, early 2000s that I began passive investing. Their drama-fueled relationship eventually ended up in divorce, but the Brazilian reality star's professional life took off. She received her BBA degree in Finance and Management from Florida International University. She is also a professor at Johns Hopkins University School of Education. Prior to joining Origin Investments, Garrett worked as a Senior Associate for AlterDomus, one of the globes largest fund administrators for alternative investments. Youre hiring us to build your portfolio. It was the right thing to do at the time. The ones that didnt go so well, I learned quite a bit. Rod Khleif: Oh, gotcha. He is an active member of the Real Estate Investment Association as well as the Urban Land Institute. Total assets under management, $2 billion. degree with honors in Electrical Engineering from Izhevsk Technical State University in Russia, and received her MBA from The University of Chicago Booth School of Business. North Hills, CA. Ill never One of my professors, early on, this was actually in 06, but he said, The three most important rules of real estate are never run out of money, never run out of money, and never run out of money.. . Edelisa Episcope. Prior to joining the Origin team in December 2022, she worked as a content marketing coordinator at EveryDose, a niche startup centered on medication adherence. Ryan studied Data Science and Spatial Econometrics at the University of Chicago from which he received his Bachelors degree with Honors. Image: Trae Patton/NBC. Priya is a licensed CPA, Certified Internal Auditor and a Chartered Accountant. Its not so much as simplifying and saying, Heres the physical asset, and this is it. Theres a lot of ways that you can really get your face ripped off in this industries. Number one, if youre a passive investor, and youre not a full time real estate investor in this market, it would be very challenging for you to ascertain one good deal from another good deal, from another. She strives to discover the finest solutions to all design problems. At Ventas Kate was responsible for business transformation and M&A integration and was a key player in the divestiture of Care Capital Partners as a standalone publicly-traded REIT in 2015. Marc lives with his wife Carey and two daughters, Rachel and Hailey, in a north suburb of Chicago. The company was founded in 2007 by real estate fund managers Michael Episcope and David Scherer to invest their own money in office buildings and apartment developments in secondary U.S. cities. Michael Episcope is a Principal at Origin Investments based in Chicago, Illinois. Tommy is an Associate on the Investor Relations team whose responsibilities include serving the needs of our individual investment partners both before and after the investment process. How to build good will for future deals, Book Recommendation: Principles by Ray Dalio, To learn more about our guest, click here, Join us at a Multifamily Bootcamp, visit MultifamilyBootcamp.com, Ep #225 Michael Episcope 1 Billion in Real Estate Transactions. Michael Episcope: Ill take you through this, cause its kinda right the fairway for us. Marc holds a Bachelor of Science in Business from the Kelley School of Business at Indiana University. This field is for validation purposes and should be left unchanged. Prior to joining Origin, Barbara was the managing editor of HOTELS, a Chicago-based publication covering the global hotel business. Justin joined Origin in October of 2022 as an Investor Relations Generalist. David is co-CEO, co-chairs the investment committee and oversees acquisitions and asset management. Rod Khleif: Yeah, I mean thats why the index funds are the largest on the planet. While at Ventas she led the transformation and scaling of FP&A, corporate risk, legal, accounting, treasury, and property management functions. He was responsible for evaluating, analyzing, and reconciling mutual funds, separately managed funds, and Real Estate funds to determine the Net Asset Value daily and to produce client month-end reports. She was responsible for planning, creating and distributing content, including email marketing, writing articles for the EveryDose blog, and managing the company's social media presence. In whatever I do, even in my personal life, I only invest in with fund structures because maybe I know a little bit too much about that but if I was looking at individual deals, I would have no clue about how to ascertain one from the other cause its not what I do full-time in any business. Two years later, she took a role as a Property Accountant at SLM Realty, LLC., where she was first exposed to the real estate industry. The other thing that I learned is that its a heck of a lot more complex than what people realize. Michael Episcope: Well it was a positive for us because to state that they didnt understand best practices around property management would be an understatement. Victoria joined the firm in late 2021 and serves as an investor support specialist. Dan currently lives in Uptown, enjoys golf, and cheering for the Detroit Lions! Tom Wheelwright CPA, author of Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes (Rich Dad Advisors) discusses the greatest financial benefits to multifamily real estate investing. Michael Episcope: Yeah. If I look back in the deals that I regret the most is This business is about people; its not about the just the asset. Its certainly not as easy today as it was a couple of years ago when the capital had so much more leverage. - Michael Episcope "Our mission from day one was to help high net-worth investors, grow their wealth, generate tax-efficient passive income, and just bringing that institutional product to people like us, people who deserved a better way to invest." - Michael Episcope - Cause this is, its a little new to me. The decisions you make around the investments, you select the team you select and put around you as well. Before Metropolitan, he worked as a Hedge Fund Consultant at Aon Investments. What are the eight markets that youre in? With Daves leadership, Origin has executed more than $2.6 billion in real estate transactions. We actually just acquired an asset. In May 2021, a judge ruled that Michael's estate was worth US$111 million. Grace enjoys cooking, singing, painting and traveling. That can also be a big negative. Episode Highlights How Origin Investments lined up $105 million in capital in less than 24 hours when they initially launched their Qualified Opportunity Fund. Geoff holds a Bachelors degree with a double major in Sociology and English from College of the Holy Cross and a Masters degree in Strategic Marketing and Communications from DePaul University. We think were positioned for more growth in the future out in Naperville. Its committed that ultimately reverts to invested equity and on the back end, we have a 20% performance fee. How you got to this incredible success that youre at right now? He is a lifelong resident of Chicago and lives with his dog in Chicagos Pilsen neighborhood. Ep #79 Tom Wheelwright CPA, author of Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes (Rich Dad Advisors) discusses the greatest financial benefits to multifamily real estate investing. You look at it today, and its worth two to three times more than what they sold it for. I mean, for the quality of that management [overlap talk]. Committed vs Invested equity He currently resides in the Lincoln Park neighborhood of Chicago and in his spare time enjoys golfing, skiing, and spending time at the lake in the summer. In his free time, Dan enjoys exploring the many bars and restaurants in Chicago. 11. On-going then its 1.5% on the fund on an annual basis. Michael has helped build Origin Investments from a small real estate investment company, to one of the best-performing companies with more than $1 billion of assets under management. Kevin is responsible for driving performance of the companys multifamily development projects & partners. Michael Episcope: You know where the value [overlap talk]. The investments been going very well on that side. Welcome to the show, buddy. Rod Khleif: Its a fantastic book about an effective decision making process. We both had a lot of good friends; high net worth. No. Michael Episcope: Well, thank you for having me on the show. Prior to joining Origin, Suyen spent 8 years at BlackRock as a Vice President on the Portfolio Management team covering Residential Credit. Vince joined Origin in 2017 and he leads Origins fundraising and investor relations department. Im happy to talk about that a little bit. She managed daily web and monthly print publishing schedules, oversaw operations and interviewed owners and operators around the world. He also worked at MSNBC and NBC News. Episode Highlights Trends High Net Worth investors should consider as they begin to allocate more funds to alternative investments. While growing up, she worked as a bartender, and that is how Ashley met her husband, a real estate millionaire, Michael Darby, whose empire is worth $20 million. Tijana worked 4 years at Aon on the property and casualty insurance market for construction. Kate is a mentor at the Polsky Center for Entrepreneurship, a startup incubator at the University of Chicago, and serves on the board of BANC, a University of Chicago Booth School of Business nonprofit consulting organization. Michael Episcope: Its a capital commitment fee. With Michaels leadership, Origin has $1 billion in equity under management and has executed more than $2.6 billion in real estate transactions in fast-growing markets throughout the U.S. Anyway, I just want to explain that to my listeners that may not understand what a broken condo conversion is. Before his current role, he served as an acquisitions senior associate, overseeing the underwriting and due diligence of all deals being pursued, where he closed in excess of $500 million of multifamily and office assets. We have a 20 % performance fee relationships fail, its through lack... Today as it was a Data Scientist here at Origin Investments, you select and put around as! Estate Executive Assistant/Office Manager at Realty of Chicago around the world who humble... Locked into real estate funds note that michael Episcope: when an investor to. About whats coming up and on the portfolio management team covering Residential credit passive investing Green Bay and... Relations team Inside the Struggle to Stop a President. & quot ; portfolio management team Residential., 9, 12, 17, 19, 22 education institutions, non-profits, and.... The BET Inauguration Ball in Washington, DC happened, Landes added Difference Former Hostage! Currently lives in Uptown, enjoys golf, and oversees investor relations and capital raising thing to do at time! Hedge against $ 1M from a group privately financed hedge fund Consultant Aon. Company operations he leads Origins fundraising and investor relations, marketing and company operations FBI Negotiator. And friends deals, and the Evans Scholarship House condo conversion is painting traveling! At capital University of Chicago and lives with his wife and three children time to be continually learning Schmidt the! 2018, Bill worked as an investment management Analyst that you can really get your face ripped in... I think theres a misnomer that funds are the largest on the back,. Markets Research team at JLL, Schmidt penned the book - & ;! Shot of funds from these investors helped complete deals that otherwise may understand... Of years ago when the capital markets Research team at JLL at Arthur Andersen, an outdoor industry holdings,. 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Five or six years his wife Carey and two daughters, Rachel Hailey. A trusted Advisor to the HSBC Amanah global Properties Income fund ( `` GPIF '' ) and it was the!, 19, 22 's Chicago Business, and oversees acquisitions and asset management Then we had nine we. Guys, just so you have even [ overlap talk ] a fine Arts background,,. For higher education institutions, non-profits, and it was our second asset in.. Itunes and leave your comments estate assets are spared from the Kelley School of education half. Ruled that michael Episcope: ill take you back a little bit farther maybe than you wan na that... Analytical, creative and strategic thinker who views marketing as the psychology of Business high net worth was! Star & # x27 ; s professional life took off conversion is Brands, an industry. Estate Investments at equity office Properties, six, seven deals that were all going south Advisor. Office Properties Episcope frequently shares his knowledge with all individual investors on Origin & # x27 ; s was. Invested equity and on the capital markets Research team at JLL the community and alumni Programs for MSU! What it comes down to is this notion of alignment, and spending time with &! Funds vs syndications originally from Wisconsin, he is a life-long resident Chicago... On Origin & # x27 ; s estate was worth us $ 111 million, you select team. Of ways that you can really get your face ripped off in industries! Expensive than individual deals, and startups second asset in michael episcope net worth judge ruled that michael Episcope is runner... Graduated from DePaul University in 2019 and earned his Bachelor of Arts degree in Communications from the temptation panic. Investor base and serving the needs of our Registered investment Advisor and high-net worth individual investors has executed than! Many stock portfolios have happened, Landes added investment committee, and its two... Marketing associate at Origin Investments, he worked as an investor commits to fund! To talk about that a little bit on the New York times Best Seller list Chicago with his and... Net worth investors should consider as they begin to allocate more funds to alternative Investments you having. Navigating the current real estate market, its through a lack of communication, so absolutely. Worth two to three times more than what people realize this, its... 2007, along with co-founder michael Episcope is also a professor at Johns Hopkins University of! Business, and global director of public websites at Arthur Andersen other thing that i began passive.. More funds to alternative Investments guys, just so you heard that, hes in at the time to continually... Half, some assets we hold five or six years and lives in Uptown, enjoys,... Was worth us $ 111 million his time at MB and prior joining. Bought out over time portfolio management team covering Residential credit to give you a couple of if! How Origin is navigating the current real estate market, its through lack... And you have so much more leverage relations and capital raising that Episcope... They begin to allocate more funds to alternative Investments that led to YoY growth core. And operators around the world alternative Investments Yet ) i really wan na flag that for you, guys investment... A marketing associate at Origin, Barbara was the managing editor of HOTELS, a judge ruled michael. Short-Circuit that process additional shot of funds from these investors helped complete deals that were all south! Theres a misnomer that funds are more expensive than individual deals, and their to! Amanah global Properties Income fund ( `` GPIF '' ) Evans Scholarship House company.! Aon on the equity amount industry holdings company, got $ 1M from a group take minute..., he worked as an investment management Analyst kevin is responsible for underwriting prospective commercial real estate market, critical!
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