Episode 235: August Biniaz Discusses CPI Capital's Investment Strategy and Goals
Release Date: 07/01/2024
SPECIAL ANNOUNCEMENT: New Investment Opportunity! 20-Unit New Construction 800 Feet from the Ocean in San Diego
The Real Estate Takeoff
Today, we are proud to present our exclusive investment opportunity for our 20-unit new apartment development on the border of Ocean Beach and Sunset Cliffs right here in San Diego, CA. This investment is open to all of our listeners so you can invest alongside us. In this episode, we provide a sneak peak at what makes this rare opportunity such a great investment. If you've been listening to our podcast, you won't want to miss this one. If you want to learn more about this investment, be sure to register for our live webinar on August 5th at 5:30 PM PT. , or you can copy and paste...
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Episode 235: August Biniaz Discusses CPI Capital's Investment Strategy and Goals
The Real Estate Takeoff
Follow Mike and Shawn on Instagram: Shawn: @shawn_dimartile Mike: @miketighe_ Episode Summary: In this engaging episode of the Real Estate Takeoff Podcast, Mike Tighe sits down with August Biniaz, the Chief Investment Officer at CPI Capital, to discuss the intricacies of real estate syndication, particularly in the multifamily space. Broadcasting from Vancouver, Biniaz delves into his dual role in acquisitions and asset management, providing listeners with a behind-the-scenes look at how CPI Capital navigates the ever-changing real estate market. Throughout the episode, Biniaz shares...
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- Shawn: @shawn_dimartile
- Mike: @miketighe_
Episode Summary:
In this engaging episode of the Real Estate Takeoff Podcast, Mike Tighe sits down with August Biniaz, the Chief Investment Officer at CPI Capital, to discuss the intricacies of real estate syndication, particularly in the multifamily space. Broadcasting from Vancouver, Biniaz delves into his dual role in acquisitions and asset management, providing listeners with a behind-the-scenes look at how CPI Capital navigates the ever-changing real estate market.
Throughout the episode, Biniaz shares insights on CPI Capital's implementation of the EOS (Entrepreneurial Operating System) to structure their long-term goals, including their ten-year ambition to be listed among the top 50 apartment owners in the U.S. The conversation also covers topics such as the challenges posed by the current economic climate, how CPI Capital is leveraging internal resources during slow deal periods, and strategic partnerships that enhance their market presence. Biniaz notably highlights the importance of educating oneself constantly and building a strong personal brand in real estate investing.
Key Takeaways:
- Role of CIO in Real Estate Syndication: August Biniaz outlines his responsibilities at CPI Capital, emphasizing the importance of disciplined deal underwriting and effective asset management
- Leveraging EOS for Business Growth: Biniaz explains how CPI Capital uses the Entrepreneurial Operating System (EOS) to set and achieve long-term goals, providing a structured approach to growth
- Adapting to Market Challenges: Despite a slow deal period in 2023, CPI Capital focused on strengthening internal processes and partnerships, demonstrating the importance of adaptability and continuous improvement
- Cross-Border Syndication: Biniaz discusses the complexities and tax considerations of syndicating real estate deals in the U.S. while based in Canada, highlighting strategies for compliance and efficiency
- Education and Branding in Real Estate: Reflecting on his journey, Biniaz stresses the significance of continuous learning and building a personal brand to succeed in the competitive real estate market
How to connect with August:
- CPI Capital Website
- August Biniaz on LinkedIn
- Real Estate Investing Demystified Podcast: Hosted by CPI Capital
- NMHC (National Multifamily Housing Council)
Learn more about Mike and Shawn:
- Shawn: www.investorshawn.com
- Mike: www.investormike.com
- Website: www.takeoffcapital.com