Thriving Amidst Market Shifts in Real Estate - EP 34

In this episode of The Real Estate Journey, host Daniel Berger talks with Michael Voulgarakis about the current state of the commercial real estate market. Michael shares insights into the challenges of pricing in a fluctuating market, the impact of rising interest rates, and how buyers and sellers are navigating the shifting landscape. Michael also discusses how relationships with brokers and investors play a crucial role in closing deals successfully.

🎧 Hosted by: Daniel Berger
👤 Guest:
🏡 Michael Voulgarakis – Managing Director, Southgate Ventures

Michael Voulgarakis is a partner at Southgate Ventures, a multifamily value-added and covered-land-play sponsor in Seattle. With over 17 years of institutional experience, he has underwritten $1.62 billion in commercial real estate loans, managed $300 million in assets, and valued $3.3 billion in properties. Starting in residential construction as a teenager, he flipped off-market condos before earning a Master’s in Commercial Real Estate Finance and a Bachelor’s in Business Administration.

💡 What You’ll Learn:
✔️ Strategies for dealing with market fluctuations
✔️ The importance of relationships in commercial real estate
✔️ How interest rates are affecting deal flow
✔️ Managing commercial properties in a volatile market
✔️ The role of long-term investors in the current climate

🎬 Watch now to gain insights on thriving in a competitive commercial real estate market!
⏳ Timestamps (Click to Jump to Sections!):
📌 00:00 Introduction and Guest Welcome
📌 01:31 Michael's Background and Career Journey
📌 04:38 Market Dynamics and Buyer-Seller Interactions
📌 08:34 Impact of Economic Changes on Real Estate
📌 10:17 Seattle Market Focus and Diversification
📌 17:10 Tenant Experience and Property Management
📌 25:37 Challenges of Implementing Technology in Real Estate
📌 26:54 Improving Customer Experience and Property Value
📌 27:20 Environmental Upgrades and Energy Efficiency
📌 29:32 Seller Financing and Market Strategies
📌 32:50 Leveraging Debt and Investment Strategies
📌 36:05 The Importance of Long-Term Investment
📌 42:49 Real Estate Market Dynamics and Personal Experiences
📌 47:28 Conclusion and Final Thoughts

📇 Connect with Michael Voulgarakis:
🌎 Website → http://sreventures.com/
📷 Instagram →   / danielmberger  
🔗 LinkedIn →   / michael-p-voulgarakis  

🎙 Follow Daniel Berger – The Real Estate Journey:
🌎 Website → www.DanielMBergerRealEstate.com
📷 Instagram →   / danielmberger  
🔗 LinkedIn →   / danielmberger17  

🔖 Don’t Forget to LIKE 👍, SUBSCRIBE 🔔 & COMMENT 💬 Below!
⭐ Produced by Icons of Real Estate - https://iconsofrealestate.com/

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