ReSeed Partners reposted this
I had a lot of fun talking with Rhett Bennett CFA and Moses Kagan about how ReSeed Partners fits into the real estate ecosystem. Is it YCombinator for developers? Is it a decentralized Greystar? Or something else... Watch the clip to see how they view what they're building, and check out the full interview over at Thesis Driven: https://lnkd.in/gSePEdEv
🚀 Today, ReSeed is opening applications for our second cohort of operating partners. Our Fall 2024 cohort is open to ambitious, mid-career multifamily operating partners looking to launch/accelerate their businesses. ReSeed provides long duration capital, operating support, and a structured network of peers and industry mentors. 📣 Last year, we launched our first cohort of 𝟴 𝗼𝗽𝗲𝗿𝗮𝘁𝗶𝗻𝗴 𝗽𝗮𝗿𝘁𝗻𝗲𝗿 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀𝗲𝘀. Since then, we have: → Raised significant capital to seed cohort operating businesses and fund acquisitions → Grown our list of interested investors to 𝟭,𝟰𝟬𝟬+, in addition to the capital above → Productive 2024 - Closed 3 transactions (Jan., May, June) 𝗮𝗹𝗹 𝗰𝗮𝘀𝗵 with another expected to close in July → Developed and refined our infrastructure to support institutional-quality diligence, fundraising, reporting, and asset management at scale 🔗 If you’re interested in applying or know someone who would be a great fit, please use the link to learn more and apply. 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻𝘀 𝗮𝗿𝗲 𝗱𝘂𝗲 𝗧𝘂𝗲𝘀𝗱𝗮𝘆, 𝗝𝘂𝗹𝘆 𝟵. https://lnkd.in/eH4Pertk
Check out Moses Kagan and Rhett Bennett CFA on Thesis Driven’s new podcast this week. Huge thanks to Brad Hargreaves, we’re honored to be featured in the inaugural podcast. Click below to listen and learn more about ReSeed’s innovative approach to real estate investing. https://lnkd.in/eShn49NA
Thanks for hosting us, Tanner!
Buying and building CRE in Salt Lake City. Learning and sharing insights along the way. Sign up for my mailing list 👇
Rhett Bennett CFA and Moses Kagan joined me to discuss the progress of ReSeed Partners and the launch of Cohort 1. I stumbled upon Moses's Blog in early 2021 and it resonated with me more than anything I've seen before, if you haven't read through it, you should. Rhett and Moses are solving the biggest issues for early operators, Co-Invest Fees LP Equity Systems An experienced partner in your corner I'm confident they'll be a multi billion dollar fund in just a few years. I hope you all enjoy the show as much as I did! https://lnkd.in/gQ6fFup3 https://lnkd.in/g364B-jV
Today I spent time with the best football coach I ever played for, a new friend I met via clients from my days helping lead T3 and a buddy I met over a decade ago at a tech conference one of the smartest people I’ve ever been around started. My takeaway from the day: people matter most. While business plans, TAMs and OKRs certainly matter. They all pale in comparison to the impact the people you spend investing time in, and not in a superficial way, but authenticly care about…they matter the most of all inputs. Community, leads to expanded network opportunities, which leads to a larger funnel of people. Again, people. It’s all about people. Starting small, focused on being a positive imact in your community leads to outsized opportunities to have an audience you’ve earned to be influential with. That’s it. Keep it simple. Build communities locally, and the rest will take care of itself.
Moses Kagan showing off his diligence skills while walking an asset with our Cohort One partners. Our goal at ReSeed Partners is to help operators grow large, freestanding real estate businesses. In-person mentorship is a key component of our process and enables our partners to learn from our mistakes (and successes) and avoid what Moses calls “crawling across broken glass.”
We were excited to welcome Cohort One to Boulder this summer for our first Launch Week. The week was filled with opportunities to build relationships between operators, the ReSeed team, industry leaders, and key investors. Some highlights of the week: Marketing masterclass with Hailey Sullivan – CMO, Denver Broncos Building with a long-term mindset with Gabe Bodhi, CFA – CEO, Tekton Group Insights for scaling a business with Bill Smith – Founder & CEO, Landing Asset tour with Moses Kagan – ReSeed Co-Founder and Adaptive Realty Co-Founder Understanding the allocator perspective with Chris Pate – Managing Director, True North and Ken Polk – CEO, Arlington Family Offices Check out the highlight video, and if you're interested in investing with ReSeed, sign up below: https://hubs.ly/Q024ZqDL0
Congratulations to Thesis Driven and Brad Hargreaves for an impressive first year of content! Thanks for including us on your journey.
A year ago this week, we published Thesis Driven's very first letter. Since then, we've written more than 60 letters featuring interviews with more than 200 real estate operators on topics ranging from office-to-residential conversions to historic tax credits to new cities. To celebrate one year of Thesis Driven, here are some of our favorite letters from the past year: #10. Unlocking Atoms with Bits The software companies making real estate investing more scalable by leveraging large public, private, and proprietary data sets. Full letter: https://lnkd.in/e7xyW9hV #9. ‘PropTech’ Needs to Die The second of a two-part series exploring the future of financing innovation in the built world, it digs into how 'PropTech' as a concept causes problems. Full letter: https://lnkd.in/etm5y_y7 #8. Where are the New Cities? There is no domain of real estate investing as ambitious—or insane—as the creation of new cities. Where are they being built today? Full letter: https://lnkd.in/e_DFGvXf #7. What Branding Means for Twenty-First Century Real Estate (by Karen Zabarsky Blashek) This letter dives into how real estate developers are using branding to create new identities of place. Full letter: https://lnkd.in/eB4iuvCZ #6. Everything You Need to Know About Raising a PropCo This letter digs into PropCo models from an operator’s point of view, including key structuring questions and fundraising tips. Full letter: https://lnkd.in/ezpam4xv #5. The Rise of Car-Light Communities This week's letter explores “car-light” communities that prioritize walkability and density over parking and speed. Full letter: https://lnkd.in/ei2XgFWy #4. On the New City in Solano County This letter discusses California Forever, the group behind a proposed new city in Solano County, California. Full letter: https://lnkd.in/e2iquBbJ #3. Small Multifamily Real Estate (by Michael Falgione) This letter dives into the world of small multifamily real estate investing. Full letter: https://lnkd.in/e3k3RtVf #2. ReSeed and the Accelerator Model This letter explores the potential of real estate accelerator programs like ReSeed, which hopes to give real estate entrepreneurs a boost while helping large investors access sub-institutional deals. Full letter: https://lnkd.in/eKtaKYyG #1. The Curious Case of Colony Ridge This letter explores Terrenos Houston, a large-scale master-planned development in east Texas. Full letter: https://lnkd.in/ezyY7Mp2 Excited for the next year and many more letters to come! Thank you to our many loyal subscribers for making Thesis Driven happen.
Broker/Owner at Parsons Real Estate Group
5moFantastic conversation and concept!