JF2901: 45 Years without Losing a Dollar ft. Adam Rosenkranz

25:34
 
Share
 

Manage episode 337638921 series 2713647
By Joe Fairless. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Adam Rosenkranz is the chief investment officer for Christina, a Malibu-based real estate developer, manager, and sponsor founded in 1977. He got his start managing real estate assets for high-net-worth individuals at Wells Fargo in San Francisco.

Today, Adam is responsible for Christina’s acquisition due diligence, financial management of their in-house property management team, and implementation of the business plan. In this episode, he discusses how his company’s 45-year track record influences their acquisitions, how they structure their deals, and his thoughts on short-term debt.

Adam Rosenkranz | Real Estate Background

  • Chief investment officer of Christina Development Corporation, a Malibu-based real estate developer, manager, and sponsor founded in 1977.
  • Portfolio:
    • GP of approximately 20 properties that are a mix of retail, office, and multifamily
  • Based in: Malibu, CA
  • Say hi to him at:
  • Best Ever Book: Fear by Bob Woodward
  • Greatest lesson: Great real estate is meant to be held. Throughout the company’s 45-year history, there is not a single property we’ve sold in the Westside region of Los Angeles that we could purchase back today for the price we sold it for.

Be the first to get the newest podcast episodes sent to your inbox. Plus, investing tips and advice. Join the newsletter https://bit.ly/3OKRktV

Want to be a guest on the Best Ever Show?Sign up here: https://www.bestevercre.com/podcast-sign-up

Get the latest FREE eBook: An Investors Guide to Growing & Scaling a Business Through Podcasting: https://www.bestevercre.com/a-real-estate-investors-guide

Register for this year's Best Ever Conference in Salt Lake City here!

Stay in touch with us!

www.bestevercre.com

YouTube

Facebook

LinkedIn

Instagram

Click here to know more about our sponsors: Trevor McGregor Coaching | Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com

2960 episodes