Success in Shopping Center Investing with Robert Levy

Published: Aug. 17, 2023, 7 a.m.

b'Do you want to know how the pros navigate the complex world of real estate investing in retail spaces?\\xa0\\n\\xa0\\nDive into this episode where Robert Levy, a 30-year real estate investment industry veteran, has developed a successful strategy with his partner for investing in shopping malls and retail assets over the past seven years. Robert discusses the critical elements of their investment strategy, including due diligence, management strategies, leveraging positive leverage, pushing occupancy and rents, and creating returns from both cash flow and value improvement. He also explains how his experience during the global financial crisis has shaped his approach to debt today. Finally, he discusses the high barrier to entry of retail investments, what to look out for when assessing opportunities, and why multifamily assets are becoming more attractive.\\xa0\\n\\xa0\\nThis episode will provide an in-depth look into the world of real estate investing in retail assets and valuable lessons learned from Robert\'s decades of experience in the industry.\\n\\xa0\\n[00:00 - 08:53] Opening Segment\\nIntroducing Robert to the show\\nDon\'t do anything with floating rate debt or take any interest rate risk\\n\\xa0\\n[08:54 - 14:23] Generating Profits Through Shopping Center Investing\\nRetail investments are typically one of 4-6 bidders, while multifamily is one of 50-70\\nShopping centers are open-air, neighborhood, community centers with grocery anchors\\nShopping center allows pushing occupancy and rents and carves off out parcels for arbitrage\\n\\xa0\\n[14:24 - 24:34] Understanding the Supply and Demand Dynamics and Identifying Red Flags\\nIn suitable locations, population and income are increasing\\nTenants have a little place to go because of the economics of developing retail\\nRed flags include bad credit tenants and reduced incomes\\nAssess whether a tenant is a risk or an opportunity\\nAnalyze the cost of backfilling the space\\nPrice based on knowledge and assess if there is opportunity or risk\\n\\xa0\\n[24:35 - 31:12] Closing Segment\\nBest investment: Robert\'s own company\\nWorst investment: in oil and gas\\nThe most important lesson learned: think through black swan events and finance assets conservatively\\n\\nQuotes:\\n\\xa0\\n"Debt, if used improperly, can kill businesses and especially in real estate." - Robert Levy\\n\\xa0\\n"Invest in what you know and who you trust and who you believe in, and you\'ll do well." - Robert Levy\\n\\nConnect with Robert!\\nWebsite: www.lbxinvestments.com\\nEmail: rob@lbxinvestments.com\\xa0\\n\\nInvest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through https://www.passivewealthstrategy.com/crowdstreet/\\n\\xa0\\nTrack your rental property\'s finances with Stessa. Go to www.escapingwallstreet.com.\\n\\xa0\\nJoin our Passive Investor Club to access passive commercial real estate investment opportunities.\\n\\xa0\\nLEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or clicking here to listen to our previous episodes.'