John Griggs shares his journey from practicing law to building Presidium, a company that has developed and managed over 20,000 apartment units. John transitioned from law to real estate in 2003, starting with small apartment buildings in Phoenix. He co-founded Presidium in 2005, expanding into Texas and other states, focusing on value-add and development projects. John comments on 1) Multifamily values have dropped 20-40%, presenting buying opportunities below replacement costs, 2) Equity investors are demanding higher returns, making underwriting more challenging, and 3) Development projects face hurdles like local politics, affordability requirements, and rising costs. John shares a couple of important lessons learned during this last cycle.
To contact John Griggs: PresidiumRE.com and DeloacheCapital.com
Don’t forget Tres Colline Vineyards: trescolline.com

Are you ready to unlock the potential of Multifamily Syndications? Discover how Michael Becker’s proven real estate syndication business can open doors to financial growth and your long-term success. Visit SPIADVISORY.COM today and start your journey toward smarter investing!

Paul Peebles and James Eng dive deep into the shifting landscape of multifamily real estate investing. From Old Capital’s educational bus tours across DFW submarkets to critical updates on distressed assets and stricter underwriting from Fannie Mae and Freddie Mac, this conversation is packed with insight for both seasoned operators and aspiring investors. Learn why fewer deals are closing, how lenders are adjusting, and what steps you can take now to build credibility, raise capital, and find success in today’s competitive market. Don’t miss key tips on navigating loan options, attending the Old Capital Conference, and why due diligence has never been more important.

Are you ready to unlock the potential of Multifamily Syndications? Discover how Michael Becker’s proven real estate syndication business can open doors to financial growth and your long-term success. Visit SPIADVISORY.COM today and start your journey toward smarter investing!

"The Immigrant Hustle: How This Couple Turned Setbacks into a Multifamily Fortune.”
Vivek and Asha Kangralkar, originally from small villages in India, moved to the U.S. in 2010 with their two young daughters in search of a better future. After Vivek lost his job in 2012, they were left with just $1,500 in savings—but refused to give up. They launched a granite and marble import business, followed by Avacraft, a cookware brand that gained national attention, including features on Good Morning America and Forbes. In 2018, they pivoted to multifamily real estate, turning around underperforming properties and generating strong returns. Today, they own hundreds of units and use a hybrid management model to drive operational excellence. Committed to giving back, they support educational initiatives and advocate for housing reform, all while helping others achieve financial freedom through real estate investing.
To contact Vivek & Asha Kangralkar: vivek@starcorecapital.com

Are you ready to unlock the potential of Multifamily Syndications? Discover how Michael Becker’s proven real estate syndication business can open doors to financial growth and your long-term success. Visit SPIADVISORY.COM today and start your journey toward smarter investing!