Ben Lapidus is a partner and Chief Financial Officer for Spartan Investment Group LLC, where he has applied his finance and business development skills to construct a portfolio of over $300M assets under management from scratch, build the corporate finance backbone for the organization, and organized over $100M of debt capital from the firm. Ben is also a co-founder and host of the Best Ever Conference and the managing partner of Indigo Ownerships LLC, where he sponsored 40+ single family and multifamily Real estate transactions.
In this episode we talked about:
* Ben’s Bio & Background
* Spartan Investment Group
* First Steps in Real Estate Space
* Transition from Single Family Houses to Real Big Deals
* Best Ever Conference Evolution and Partnership
* First Deal Details
* Money or Wisdom?
* Building a Team
* Risk Navigation
* Real Estate Market Outlook
* Mentorship, Resources and Lessons Learned
Useful links:
Carlo Rovelli books
Ben@spartan-investors.com
Transcriptions:
Jesse (0s): Welcome to the working capital real estate podcast. My name is Jesper galley. And on this show, we discuss all things real estate with investors and experts in a variety of industries that impact real estate. Whether you're looking at your first investment or raising your first fund, join me and let's build that portfolio one square foot at a time. Ladies and gentlemen, welcome to working capital the real estate podcast. My guest today is Ben Lapidus. Ben is a partner and chief financial officer for Spartan investment group, LLC, where he has applied his finance and business development skills to acquire the company's current portfolio, build the corporate finance backbone for the firm and organize hundreds of million dollars of debt capital.
Ben is also the founder and host of the nation, the national best ever real estate investing conference and managing partner of indigo ownerships, LLC, where he sponsored 40 plus single family and multifamily real estate transactions. Ben, how you doing today?
Ben (56s): Doing awesome. Thanks for having Jesse.
Jesse (58s): Well, thanks for coming on. And before we jump into kind of the background and where you're working right now, for those that don't know, I think a lot of our listeners do know, but the best ever real estate investing conference, can you just let listeners know what you did the best ever? I guess it's now not just a conference, it's kind of a whole company in general, but if you could just let listeners that don't know what that is. Just kind of give a little bit of a bio there.
Ben (1m 20s): Yeah. The best ever conference it's turned into a world and an experience, a Disneyland, all of its own for real estate investors. It brings together over 1500 real estate investors, syndicators and operators. Every year. It matches over half a billion of unplaced capital and over 50 billion of assets under management from active operators, 96% of attendees have done at least one commercial deal in the last six months. So it's a really frothy, active community. If people come together at the beginning of every year to learn about what's ahead in the economic conditions to network with each other, learn from each other, get deals done and party with each other.
It's an awesome time.
Jesse (1m 53s): That's awesome. So the, the last one that you had, when was that and where was it?