The Psychology of Emerging Markets with Adam Altman, Managing Member, The KABR Group

01/12/22 • 17 min

Inspired by the bustling, ever-changing neighborhoods of his youth, featured guest Adam Altman believes that the most profitable real estate investment portfolio is fueled by a clear understanding of the people – merchants, employers, employees, government officials, etc. – behind the community.
Altman and host Aaron Strauss discuss how that demographic understanding has always been part of The KABR Group’s approach to acquisitions and how the funds' savvy purchases (100+ assets), sales (50+ assets), ongoing operations (45 assets), and impressive investments (thousands of apartments, millions of square feet of office space, and nearly a billion dollars in construction) may have even sparked Jersey City’s development renaissance.
Additional highlights include:

Altman's take on the best way to become part of the commercial real estate industry;
The essential factors he considers when buying assets and which assets he believes give the best returns;
How to handle setbacks, mistakes, investments that don’t align as anticipated; and
The importance of having great mentors and eventually becoming one yourself.

Enjoy the show? Have a guest in mind? Email us at [email protected] to let us know your feedback and who you want to hear on the next episode.
Connect with Aaron and the A.Y. Strauss team:

Our website (www.AYStrauss.com)
Aaron's website bio page (Aaron's bio page)
Aaron's LinkedIn account (LinkedIn)
Our Twitter account (@AYStrauss)

Altman's take on the best way to become part of the commercial real estate industry;
The essential factors he considers when buying assets and which assets he believes give the best returns;
How to handle setbacks, mistakes, investments that don’t align as anticipated; and
The importance of having great mentors and eventually becoming one yourself.

Enjoy the show? Have a guest in mind? Email us at [email protected] to let us know your feedback and who you want to hear on the next episode.
Connect with Aaron and the A.Y. Strauss team:

Our website (www.AYStrauss.com)
Aaron's website bio page (Aaron's bio page)
Aaron's LinkedIn account (LinkedIn)
Our Twitter account (@AYStrauss)

Previous Episode

Connecting Commercial Success & Community Revitalization with Inna Khidekel, Partner, Bridge Investment Group

Passion. Alignment. Ambition. Hard Work. Featured guest Inna Khidekel tells host Aaron Strauss that these elements – along with a heart of service, a head for business, and an entrepreneurial spirit – are at the core of her own impressive career and the incredible success of her firm, Bridge Investment Group.
Learn how Bridge, under Inna’s leadership, became the revolutionary ambassador for integrating environmental, social, and corporate governance (ESG) factors into profitable investment strategies. Discover how identifying the disconnect between potential tenants, the real estate industry, and government subsidies inspired the investment firm to prioritize the advancement of true social and economic mobility, and, ultimately, became the basis of the firm’s record for transformative investing.
Other topics include:

The emergence, impact, and continued relevance of ESG investment strategies and the variety of metrics Bridge uses to measure success;
How being an owner-operator offers an edge in today’s efficient real estate market and which niches Inna believes remain untapped;
Why Inna thinks current capital flows are supporting the real estate market despite the compression of a variety of non-property asset classes;
How demographic-driven sectors – affordable housing, multifamily, senior housing – are capturing the interest of savvy investors; and
Why Inna advises new grads to join a fast-growing firm in a fast-growing industry and to embrace the opportunity to learn anything.

Enjoy the show? Have a guest in mind? Email us at [email protected] to let us know your feedback and who you want to hear on the next episode.
Connect with Aaron and the A.Y. Strauss team:

Our website (www.AYStrauss.com)
Aaron's website bio page (Aaron's bio page)
Aaron's LinkedIn account (LinkedIn)
Our Twitter account (@AYStrauss)

Next Episode

Secrets of the Industrial Sector with Sean Dalfen, President, Dalfen Industrial

Sean Dalfen, president of Dalfen Industrial, reveals the keys to success in real estate, but warns that they have nothing to do with instant gratification. He tells host Aaron Strauss how three generations of Dalfens have steered the business’ strategy for nearly a century, and how the firm currently manages its portfolio of last-mile industrial real estate acquisitions and developments.
Learn how Dalfen leverages both its cutting-edge, proprietary technology and knowledgeable boots-on-ground local teams to drive its steady upward trajectory through the cyclical nature of the real estate industry. The duo also discuss the importance of staying true to fundamentals, the value of longevity, and how commitment and focus actually are determining factors in the real estate industry.
Other topics include:

What Dalfen looks for in a potential acquisition deal, including his initial evaluation questions;
How a carefully honed corporate governance structure makes all the difference in a company’s success;
Why Dalfen stays away from converting vacant shopping malls into industrial buildings;
How finding problems you love to solve can result in finding the work you were meant to do.

Enjoy the show? Have a guest in mind? Email us at [email protected] to let us know your feedback and who you want to hear on the next episode.
Connect with Aaron and the A.Y. Strauss team:

Our website (www.AYStrauss.com)
Aaron's website bio page (Aaron's bio page)
Aaron's LinkedIn account (LinkedIn)
Our Twitter account (@AYStrauss)

The Dealmakers’ Edge with A.Y. Strauss - The Psychology of Emerging Markets with Adam Altman, Managing Member, The KABR Group

Transcript

Aaron Strauss

You’re listening to The Dealmakers’ Edge with A.Y. Strauss, diving deep into stories behind commercial real estate’s leaders.

Adam, thank you so much for joining. It’s great to see you; great to speak with you, as always. We’ve been friends for a long time; we go back a while. I’ve watched your career; you’ve had a lot of success. Could you give us just a broad sketch of where you grew up, a little background, and how you just got start