Multifamily Investing with Michael Fried (Phoenix) 5 Part Series
Multifamily Value Add Investing 101 is a 5-part workshop series taught by Michael Fried, Founder & CEO of Phoenix Realty Group. Each session will be joined—in addition to Michael—by an industry colleague and expert in their particular field (guest speakers to be announced in advance).
PLEASE NOTE YOU MUST BE AVAILABLE TO ATTEND ALL 5 SESSIONS IN ORDER TO RSVP
1. October 11th (6:00 - 7:30 PM)
2. October 25th (6:00 - 7:30 PM)
3. November 8th (6:00 - 7:30 PM)
4. November 29th (6:00 - 7:30 PM)
5. December 13th (6:00 - 7:30 PM)
Part I. Acquisition Stage
Part II. Underwriting Process and Due Diligence
Part III. Sourcing Debt & Equity Financing
Part IV. Creation of Value Added Strategy and Program
Part V. Managing the Operations Stage, Disposition Stage
Who is this workshop series right for? The program was designed with young professionals in mind and will be geared specifically towards those in the earlier stages of their professional careers such as analysts, entry level asset managers, associate level employees, and recent grads among others. Applicants over the age of 35 do not qualify to participate.
Class size: To keep sessions intimate and interactive, the program will be capped at 25 participants. Once the class is full, additional applicants will be wait-listed and notified if a seat becomes available.
Refreshments will be served.
• FREE for Young Leadership Level Members / Professional+Heritage
• $100 for Professional or Heritage Level Members
• $250 for non-members (upon approval)
YOU MUST BE AVAILABLE TO ATTEND ALL 5 SESSIONS IN ORDER TO RSVP
For inquiries please email firstname.lastname@example.org
Michael Fried is the Founder and CEO of Phoenix Realty Group (PRG) overseeing the firm's new business development, strategic planning and overall company operations. Mr. Fried is the Chairman of the PRG Investment Committee.
PRG (www.phoenixrg.com) is a vertically integrated real estate firm with extensive capabilities as a direct owner, operator, institutional fund manager, equity investor and developer focused on multifamily properties. PRG has three multifamily business lines: value-added, new construction and affordable housing. Past acquisitions have included most components of multifamily real estate ownership including value-added, new construction, high-rise, garden style, mixed use, mixed income, market-rate, affordable, suburban and urban. PRG currently manages approximately $1.6 billion in gross assets under management and over 9,000 apartment units across the United States.
Prior to founding PRG in September 1999, Mr. Fried was the founder, President and CEO of Related Capital Company (now Centerline Capital Group), the real estate financial services arm of The Related Companies. During his 20-year tenure at Related Capital, Mr. Fried grew the firm from a two-person real estate finance company into a full-service real estate financial services banking firm with over 125 employees, $3.8 billion in equity raised and over 1,000 properties acquired with aggregate acquisition costs exceeding $8 billion. Previous to founding Related Capital, he was an attorney with Proskauer Rose from 1974 to 1979.
Mr. Fried has served on the Board of Directors of the National Multi Housing Council, was Co-chair of the Affordable Housing Roundtable, and a member of both Freddie Mac's Affordable Housing Advisory Council and the National Association of Home Builders' Multifamily Council.
Mr. Fried holds a BA degree in History from Michigan State University, an MA with Honors in Psychology from Long Island University, and a JD, Magna Cum Laude, from Brooklyn Law School.
To Be Announced
This event starts on October 11th at 6:00 PM.