Episode #19 - Moses Kagan, Founder of Adaptive Realty

The Circle of Competence Podcast

This week I interviewed Moses Kagan, founder of Adaptive Realty, a real estate private equity firm based out of Los Angeles, CA. We dove into his journey building Adaptive Realty's real estate investment and management platform, how he structures deals, and the pain points of growing a real estate operating company. During our conversation we discussed:

- Moses' unique multifamily investment strategy at Adaptive Realty

- the components of unlevered yield on cost

- how he structures and sizes up debt positions on apartments

- how he structures deals with his LP's as the GP in funds vs. individual deals

- How great real estate managers operate properties

- The process and pain points of growing a real estate investment and management company

- how to keep good talent in the real estate business

- why there are fees associated with real estate private equity deals

- The Re-convene conference for real estate operators (re-convene.com)

Links:

Twitter Profile

Adaptive Realty

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ABOUT THE PODCAST:

Hi, I'm Benton Moss. I launched The Circle of Competence Podcast in June 2020 to focus on entrepreneurship and investing, and explore each guest's unique journey. From real estate to technology to public equities to small business investing and more, I hope this podcast will be a wide-ranging exploration of what it takes to be a successful entrepreneur, operator, and investor in today's competitive world.

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