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We Build Great Apartment Communities


Sep 29, 2021

Mitigating risks and optimizing performance - these are just two of the cornerstones of a great multi family investor. These 2 things coupled with some of the golden nuggets in multi family property investment from our guests today, Chris Pomerleau and Stephen Sykes, will give you a higher degree of success… no doubt!

Chris is the co-Founder and Director of Investment Strategy for Park Ave Capital, LLC. He oversees the acquisitions of assets and business development activities and directs the overall investment strategies of the company.

A Principal Broker at Cascade Real Estate Group and Partner at Park Avenue Capital, Stephen Sykes on the other hand seeks to leverage his experience in real estate investing and development for the benefit of clients and partners.

Join John Brackett as he let these 2 knowledgeable real estate professionals talk you through some of the successful multifamily assets investment transactions that they have handled and the winning factors that helped make it.

Episode Highlights:

  • Thinking of yourself as your own first best client
  • Finding and placing the correct buyer
  • Listening: A paramount skill towards understanding your clients
  • The importance of viewing different situations through different lenses
  • How to do deals better
  • Components of a good deal
  • How to make the first right impression
  • “Menu of Offers” and what to include in it
  • Understanding seller motivation
  • Biggest lessons that Chris and Stephen have learned about property management

Connect with Chris

Connect with Stephen

 

About our Guests:

Chris Pomerleau

Chris is Co-Founder and Director of Investment Strategy for Park Ave Capital, LLC. He oversees the acquisitions of assets and business development activities. He also directs the overall investment strategies of the company.

In addition to Park Ave Capital, LLC, Mr. Pomerleau is an attorney and mediator at Nebraska Legal Group. Mr. Pomerleau has practiced family law exclusively and handled cases throughout Nebraska and Iowa; he is an experienced litigator and a determined advocate for his clients.

As founder and Director of Park Ave Capital, he originated the concept, developed the operating plan, created the company’s products and has raised over $100 million oforreal estate assets. Over the past seven years, he has acquired 1,400 Apartment Units within a three-hour radius of Omaha and completed over 50 real estate transactions.

Prior to his entrepreneurial activities, Mr. Pomerleau served in the United States Army. He played college football at Augustana College, where he graduated with his bachelor’s in sociology. Furthering his education, he completed both his M.S. in Negotiation and Dispute resolution and his J.D. at Creighton Law School. He is a proud father to two children, with his wife, Shivani.

Stephen Sykes

With roots in the Midwest, Texas, and the Pacific Northwest Stephen Sykes began investing in real estate in 2005 in Portland and in Omaha in 2015. In his roles as Principal Broker at Cascade Real Estate Group and Partner at Park Avenue Capital, Stephen seeks to leverage his experience in real estate investing and development for the benefit of clients and partners.

Stephen has acquired positions in multiple projects across the Midwest and holds real estate Broker’s licenses in Nebraska, South Dakota, and Iowa. In his role at Park Ave Capital, Stephen focuses on acquiring and operating multifamily projects that create near term and long term wealth for his partners and clients. In his role as managing broker at Cascade Real Estate Group Stephen, with his partners Collin Schwartz and Chris Pomerleau, run a real estate investment studio designed for passive investors, real estate entrepreneurs, and top producing agents. We structure real estate projects for long term wealth generation.

Reach out to Stephen directly to discuss upcoming partnership opportunities, collaborations for raising funds for larger projects, real estate brokerage, and discussions about the long term tax and wealth creation benefits of multifamily investing.

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