Tide Eldridge, based in La Mesa, CA, US, is currently a Chief Operations Officer at Comfort Communities. Tide Eldridge brings experience from previous roles at Comfort Communities and Hanger94.
Benjamin Schuster is a Partner at Comfort Capital, leading Capital Formation and Investor Relations. He previously worked at BlackRock, managing private equity real estate investments and investor relations for institutional clients.
Notes:
00:00 Welcome to the CashFlow Quest Podcast!
01:00 Casa piano deal in Wiley, Texas
02:00 Sewer issues and vendor challenges
06:30 Interest rates and market conditions
09:30 Center point deal in Chicago
18:00 Phoenix market and Villa Trio portfolio
27:00 Tenant in common structures and dispositions
33:00 Reflecting on success and team efforts
33:30 The complexity of 1031 exchanges
36:00 Challenges in real estate transactions
40:00 The Paradise view acquisition
47:41 “Our staffing infrastructure is on another level… we’re going in with people who have installed hundreds of homes.”
48:00 Investor relations and fundraising
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Blake Comfort, Co-founder of Comfort Communities and Comfort Capital in 2008, embarked on a journey to acquire manufactured home communities, laying the foundation for the investment and management company we have today. In 2009, Comfort Communities acquired its first manufactured home community, and since then, the company has continued to expand, purchasing and managing numerous manufactured housing communities. Blake oversees all capital market functions, acquisitions, and deal sourcing for Comfort Communities and Comfort Capital. When he’s not working, Blake cherishes spending quality time with his wife and two young children and occasionally takes to the skies, flying around San Diego.
Blake Comfort- LinkedIn
Jennifer Purcell, Co-founder of Comfort Communities and Comfort Capital, was raised in a real estate-loving household with her father being a general contractor and developer of over 4,000 units in San Diego County. Her mission is to change the perception of “Trailer Parks” and create exceptional living environments with top-notch service for residents. A San Diego State University graduate, Jennifer previously worked with R&V Management for their multi-family apartment portfolio at a leading global corporate housing company. Since 2009, she’s been instrumental in building Comfort Communities management team and fostering relationships with trusted investors and advisors, contributing to Comfort Capital’s success today. When she is not operating mobile home communities, she loves the outdoors,and spending quality time with her husband and her two young children.
Jennifer Purcell- LinkedIn
CashFlow Quest- LinkedIn
Cashflow Quest - Apple Podcast
