Manage episode 523269619 series 2797260
On this week’s episode, Kent is joined by August Biniaz. August walks through what it really takes to launch and scale a real estate private equity firm, from finding your place between mom-and-pop operators and institutional giants to structuring a business that can attract serious capital. He breaks down the three core pillars of a PE firm—acquisitions, asset management, and investor relations—and how he’s used content, LinkedIn, webinars, and a tight CRM system to raise millions from high-net-worth investors. August and Kent also dig into the “multifamily clock,” why today feels closer to the bottom of the cycle, where he’s finding distressed opportunities (like San Antonio), and how CPI’s new mutual fund trust lets Canadian investors use retirement funds to access U.S. multifamily.
Where to find August:
- Website: CPI Capital
- Bio: CPI Capital – August Biniaz
- Podcast: Real Estate Investing Demystified
- LinkedIn: August Biniaz
Key Takeaways
- Launching a real estate private equity firm takes more than confidence—you need the right niche, partners, and a willingness to operate in a “middle market” space between mom-and-pop deals and giant institutional players.
- Successful firms are built on three core verticals: acquisitions (finding and underwriting deals), asset management (executing the business plan), and investor relations/marketing (raising and nurturing capital at scale).
- Building investor trust starts long before a deal goes live—through consistent branding, educational content, podcasts, LinkedIn thought leadership, webinars, conferences, and a disciplined CRM plus weekly newsletter to nurture warm leads.
- Many new syndicators stumble by overestimating what their database can actually raise, leaning too hard on friends and family who don’t yet see them as “real estate people,” or ignoring the serious compliance risks around securities laws in both the U.S. and Canada.
- August’s “multifamily clock” framework highlights how interest rates drive the cycle; with distress, foreclosures, and note haircuts showing up in markets like San Antonio, he sees real opportunity to buy below replacement cost while also expanding into build-to-rent and retirement-account-friendly fund structures.
Check us out on socials:
Production by Outlier Audio
165 episodes