"I think there's going to be tremendous buying opportunities that are really going to feel like once in a cycle... Having values go backwards 15% or 20%, especially when you have positive tailwinds of rates that can go down, which means valuations can climb in that three to five-year window." - Charles Clinton
Takeaways
- Diversification is key in real estate investing to mitigate risk and take advantage of opportunities.
- Residential and industrial sectors are currently favored due to long-term growth prospects.
- Office and retail sectors face uncertainty and may not present immediate investment opportunities.
- Texas, including Dallas and Houston, is a promising market for real estate investment.
- Investors should stay informed by analyzing data from reliable sources and monitoring market trends.
Bio
Charles Clinton is the CEO and co-founder of EquityMultiple and is responsible for shaping the strategic vision of the company and overseeing its daily operations. Charles also sits on EquityMultiple’s Investment Committee and Board of Directors. Since inception in 2015, EquityMultiple has transacted on hundreds of real estate investments, totaling over $5B in capitalization. Today, EquityMultiple serves over fifty thousand self-directed investors across the U.S.
Prior to EquityMultiple, Charles was a real estate attorney with Simpson, Thacher & Bartlett, where he worked on a variety of major transactions for private equity clients, primarily Blackstone and KKR. During his time at SImpson, he worked on over $10 billion in transactions, including Blackstone’s $1.7 billion purchase of the Cosmopolitan Hotel, Blackstone’s $1.9 billion purchase of Motel 6 and Hilston’s real estate asset restructuring and refinancing in advance of its $2.5 billion IPO.
Charles received his JD and Business Law Certificate from Berkeley Law and Bachelors Degree from Amherst College, where he was the captain of the swimming and water polo teams. He has FINRA Series 7 and 66 registrations. He lives in New York City, where he grew up, with his wife and two daughters.
