Key Highlights

[00:01 – 06:39] Some Growth Highlights

• Excelsior has grown exponentially in the last year, acquiring 36 million dollars in capital and 25 properties
• How Excelsior was able to capitalize on positive investor sentiment and opportunities in the market to make acquisitions 

[06:40 – 15:43] The Current Situation in a Strategic Partnership Perspective

• How every acquisition they made has some sort of 1031 aspect
• Mahy things will be more challenging in the lender and equity side in the market in 2023

 [15:44 – 22:21] Real Estate Sponsors Remain Stable Amidst Uncertainty

• There has been an increase in 1031 investors, a reduction in retirement account investment, and a decrease in purchase price from early in the year
• The market is challenging and the value proposition for sponsors is harder to prove
• The Fed wants rates to increase slower but terminal value will be higher than anticipated earlier 

[22:22 – 31:30] 72 Million in Capital Raised in 2 Years

• The firm’s successes and challenges over the past two years, including their ability to keep clients and employees happy
• The biggest challenge for the firm in 2022 is managing the influx of new assets

[31:31 – 47:51] The Growth of the Economy

• How the economy has grown dramatically, and international markets have grown even more dramatically
• The United Nations, NATO, World Bank, and IMF have all functioned well in the past – but this is changing

 [47:51 – 51:24] Closing Segment

Additional Links:

Jarrod’s Linkedin: https://www.linkedin.com/in/jarrod-arnold-cpa-a3904a40/ 

Brian’s Linkedin: https://www.linkedin.com/in/brian-c-adams/