Episode 668 | 6.15.22
Jim is joined by 2022 winners of the prestigious Miami Silver Knights Scholarship, Ivana Rebeca Stacey & Daniel Solomon, who join a long list of distinguished recipients that include:
Amazon Founder, Jeff Bezos
Bill Conti, the Oscar-winning composer who wrote the music for "Rocky" and "Karate Kid"
Frances Cook, a career Foreign Service Officer, who was a former US Ambassador
Ted Hendricks, former University of Miami and Hall of Fame Defensive End
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Jim will also talk about NEW Preferred Equity Programs, their terms, and how these programs can work for you.
GENERAL TERMS
GP: Up to 80% passive equity for 30-50% of the GP position
LP: Amount - up to $50MM
Term: 2-10 years
Equity From Sponsor: 5-10%
Waterfall: 8-10% Preff
Then 70/30 to 15%
Then 60/40 to 20%
Then 50/50
Flexible on Sponsor fees
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Jim Fried has been a real estate business person since 1980 and has had his own radio show since 2009.
Mr. Fried specializes in capitalizing commercial real estate transactions, unearthing urban land opportunities and is also a private lender.
He has been active in the real estate industry for many years as a financial intermediary, broker and investor. He has experience with many property types including, but not limited to: apartments, condominiums, retail centers, office buildings, industrial parks and health care – with a special focus on memory care.
Jim has closed over $3BB in real estate transactions during his career in markets across the eastern US.
Jim uses his communication skills to inform and entertain on his weekly podcast show – Fried on Business. Of course, the show discusses real estate, but he also tackles issues such as branding, sports business, philanthropy, entrepreneurship, public private partnerships as well as health and wellness.
He is also a mentor to many up and coming people in the real estate industry through his membership on the Board of The University of Florida’s Bergstrom Center for Real Estate Studies.
Mr. Fried is a winner of the Miami-Dade Public School Alumni Achievement Award.
Contact Jim via email at jim@friedonbusiness.com
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Jim Fried has been a real estate business person since 1980 and has had his own radio show since 2009.
Mr. Fried specializes in capitalizing commercial real estate transactions, unearthing urban land opportunities and is also a private lender.
He has been active in the real estate industry for many years as a financial intermediary, broker and investor. He has experience with many property types including, but not limited to: apartments, condominiums, retail centers, office buildings, industrial parks and health care – with a special focus on memory care.
Jim has closed over $3BB in real estate transactions during his career in markets across the eastern US.
Jim uses his communication skills to inform and entertain on his weekly podcast show – Fried on Business. Of course, the show discusses real estate, but he also tackles issues such as branding, sports business, philanthropy, entrepreneurship, public private partnerships as well as health and wellness.
He is also a mentor to many up and coming people in the real estate industry through his membership on the Board of The University of Florida’s Bergstrom Center for Real Estate Studies.
Mr. Fried is a winner of the Miami-Dade Public School Alumni Achievement Award.
Contact Jim via email at jim@friedonbusiness.com