Single-Family and Build-to-Rent Developments in Today’s Market

This episode examines single-family portfolios and build-to-rent projects with Doug Faron, Founder & Managing Partner at Shoreham Capital.

The Crexi Podcast explores various aspects of the commercial real estate industry in conversation with some of the top CRE professionals in the space. In each episode, we feature different guests to tap into their wealth of CRE expertise and explore the latest trends and updates from the world of commercial real estate. 

In this episode, Crexi's Yannis Papadakis sits down with Doug to cover all things residential real estate, including markets of interest, the impact of wider demographic and consumer trends on the sector, and key lessons learned navigating his investment firm through market cycles. Their wide-ranging conversation includes:

Introductions, early career path, and key mentors

Important lessons learned, evaluating deals as individuals, and understanding the nitty gritty of each market early on as an investor.

The origins of Shoreham Capital and how the team sets itself apart from other investment firms.

Current investment projects and righting the ship amidst uncertain economic conditions and rising cost of capital.

Key trends to watch headed into 2024 

The importance of prioritizing high-accuracy and facile data tools for making investment decisions.

Primary challenges and opportunities in being a multifamily investor in today’s market.

Rapid fire questions and sign-offs

And much more!

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About Doug Faron:

Doug Faron is a real estate leader and skilled dealmaker specializing in sourcing, capitalizing, structuring, and executing debt and equity transactions throughout the United States. With nearly two decades of experience, Doug has overseen over $10 billion of real estate investments and developments across asset classes and the capital stack. 

Throughout his career, Doug has successfully executed the investment, development, and management of residential, retail, hotel, office, and mixed-use assets in major markets, including New York City, Los Angeles, Miami, and Washington D.C.

As Co-founder and Managing Partner at Shoreham Capital, Doug oversees all aspects of the firm, including the acquisition, capitalization, development, and management of their projects. With his extensive quantitative and strategic analysis background across various transaction types, Doug helps Shoreham target high-quality real estate investments that deliver superior risk-adjusted returns for investors. 

Before Shoreham, Doug spent ten years at the CIM Group, a $35 billion AUM Real Estate Private Equity firm, working as Managing Director, and overseeing the firm's East Coast investment platform. Prior to CIM, Doug worked in Corporate Private Equity for LNK Partners, and in Investment Banking in the Mergers and Acquisition Group at Deutsche Bank based in New York City. 

Doug is an active member of ULI, NMHC, NAIOP, and ICSC and is a longtime supporter of the Harlem Lacrosse Program in New York City and Los Angeles. Doug graduated from Brown University with a dual concentration in international relations and economics and received his MBA from Northwestern University's Kellogg School of Management. He resides in Palm Beach, Florida, with his wife, Barbara, and two children, Madeline and Jack. 

About Crexi:

Crexi

 is transforming commercial real estate with advanced, integrative technology and data analytics designed to accelerate every CRE stakeholder’s success. From trading properties to machine-learning-powered industry Intelligence, Crexi’s intuitive CRE solutions accelerate transaction velocity and have empowered over 2 million monthly users to close $540 billion in deals and market over $5 trillion in property value.

For show notes, past guests, and more CRE content, please check out Crexi’s blog.

Looking to stay ahead in commercial real estate? Visit Crexi to explore properties, analyze markets, and connect with opportunities nationwide.

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