From Broker to Buyer to Fintech CEO with Dan Summers

Summers has held a series of high-level executive positions including CEO of Madison Realty Group, which he founded in 1992 and developed into a national real estate investment firm. He grew the business to 150 full-time employees, while acquiring upwards of $1 Billion in Class A office and retail assets. Two of the high-profile assets acquired were the internationally known Frick Building, the former headquarters of industrialist Henry Frick, and the Westinghouse Building or “The Black Box,” previously owned by the Westinghouse Corp. Summers underwrote the company’s IPO and sold the firm in 1999.

During his 30-plus-year career in real estate, Summers has been instrumental in some of the nation’s largest real estate transactions. Having spent decades interfacing with Goldman Sachs, Lehman Brothers, Deutsche Bank, CBS, Westinghouse and Bank of Boston, among others, Summers built a national reputation for integrity, honesty and transparency.

He was a co-investor with Mario Lemieux in the Pittsburgh Penguins and owned an international Adventure Racing company all the while raising his two children on a horse farm in Richmond, Ohio. He and his wife, Jean, have been married for 40 years and now reside in St. Augustine, FL.

In this episode you will discover:
-Multifamily brokerage
-Value Adds
-Secondary Markets
-Forcing deals
-Off market deals
-The feeding frenzy
-Re-traders
-Performing as a buyer
-The longview
-And much more

RealtyVest | Online Real Estate Investing

Jake & Gino, Multifamily Real Estate Investment Strategy

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