In episode 450, Joel Friedland discusses his experience in industrial real estate brokerage and property syndication in Chicago, where he has lived for 64 years and worked outdoors for 30 years, enduring the city's harsh winters. He emphasizes the importance of finding tenants for vacant buildings during economic downturns and securing large commercial leases for clients to earn upfront commissions. The discussion covers industrial real estate trends, lease renewals, property values, and rents, as well as the benefits and challenges of single-tenant and multi-tenant buildings. Joel also shares insights into real estate investing, capital raising, and strategies for high net worth individuals, highlighting the value of frugality and unexpected opportunities in building wealth.
• Industrial real estate brokerage and property syndication in Chicago. 0:00
• Industrial real estate trends and lease renewals. 6:24
• Real estate investing and property management. 10:48
• Real estate investing and expansion strategies. 14:02
• Industrial building benefits and challenges. 18:11
• Industrial real estate investing and capital raising. 22:42
• Investment strategies for high net worth individuals. 26:33
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