Matt Katsaros of Wildwood Investments returns to break down ground-up development projects that he’s taking down in Chicago!
Matt jumps right in by explaining how his experience in commercial real estate brokerage and acquisitions led him to starting and scaling his development business. He dives deep into a Lincoln Park development deal and shares insights on raising capital, finding deals, and construction to successfully complete a development deal! Matt dives into the nuances of adaptive reuse projects and the process of securing tax increment financing (TIF) funds. Matt closes with tremendous tips on apartment layouts and characteristics that help maximize rents!
If you enjoy today’s episode, please leave us a review and share with someone who may also find value in this content!
02:00 Housing Provider Tip - Document apartment conditions prior to tenant move-ins.
04:25 Intro to our guest, Matt Katsaros!
10:37 Dissecting Matt’s Lincoln Park development deal!
18:32 Tips for raising capital.
28:28 Breaking down an office-to-residential adaptive reuse deal.
37:58 The process to secure TIF funds.
44:18 Earning steady income between the disposition of developments.
46:13 Matt’s outlook on his business and on Chicago.
50:27 Apartment characteristics that maximize rents!
62:33 What is your competitive advantage?
62:47 One piece of advice for new investors.
63:05 What do you do for fun?
63:35 Good book, podcast, or self development activity that you would recommend?
64:03 Local Network Recommendation?
64:26 How can the listeners learn more about you and provide value to you?
-------------------------------------------------------------------
Connect with Mark and Tom: StraightUpChicagoInvestor.com
Email the Show: StraightUpChicagoInvestor@gmail.com
Guest Name: Matt Katsaros
Guest Company: Wildwood Investments
Guest Link: http://www.wildwoodinvestmentsllc.com/
Other Links for show notes:
SUCI Ep 109 (Matt's First Appearance on SUCI)
