SA920 | Property Management, Syndication, and Strong Partnership with Kevin Falk and Jeff Derus

How Did They Do It? Real Estate

Deep dive into another story of a thriving real estate journey with Kevin Falk and Jeff Derus! Our duo guests will start by sharing how they formed and strengthened their partnership, expanded Nordic and its brand, and built their property management business.
They’ll also emphasize some challenges they had to repress along the way, Seattle’s opportunities for passive investing, and more.

Key Points & Relevant Topics

• How Kevin and Jeff started their path to real estate investing
• Kevin and Jeff’s journey to building a solid partnership
• An Introduction to Nordic Partners Investments, how it’s founded, its current focus, and goals
• Challenges of starting and growing a real estate company from the ground up
• Strategies for overcoming the challenges of running an investment firm and property management company
• The difference between sellers’ and brokers’ property prices in today’s market
• The importance of having reserves when unforeseen issues and black swan events occur
• Benefits of expanding a property management company into different markets
• The potential and opportunities from the Seattle, WA market
• What could have been done differently if Kevin and Jeff had to start over?

Resources & Links
Apartment Syndication Due Diligence Checklist for Passive Investor

About Kevin Falk

Kevin Falk started his real estate career back in 2010. During his tenure, Kevin has managed over 15 million square feet of Multi-Family, Office, Industrial, Retail, Medical and Data Centers. Prior to starting Nordic Partners Investments, he has worked for high-powered companies like CBRE, Kidder Mathews and Microsoft. Kevin’s main focus is to help clients maximize their real estate returns by buying distressed assets and repositioning them with Nordic’s construction team.

Kevin is a University of Washington alum and has been a Seattle resident his entire life. The local knowledge gives him a unique understanding of all sub-markets and rent trends. This bodes him well for understanding the nuances of investment strategy within Nordic’s business model.

About Jeff Derus

Jeff Derus is a reflective entrepreneur who carries with him a deep-seated appreciation for data and thoughtful strategy. His hands-on development of FreshMeal.com and 99lumen.com underscores a career hallmarked by intelligent, measured growth, exemplified by FreshMeal's early revenue success. In the realm of real estate, Jeff’s commitment shines through in his efforts to ensure NPI consistently leads with its superior management systems and advanced technology.

His foundational knowledge stems from his academic pursuit of finance and entrepreneurship at the University of Washington, seamlessly transitioning to pragmatic application in his professional life. His expertise extends to his impactful work as a commercial real estate consultant with Kidder Mathews, where he advises on the viability and optimization for the Northwest's most ambitious transit-oriented development projects.

Get in Touch with Kevin and Jeff

• Website: https://www.nordicinv.com/
• Kevin’s Phone: [phone]
• Jeff’s Phone: [phone]

To Connect With Us

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