JF2761: The Key to Underwriting Retail Deals ft. Philip Block

<p><span style="font-weight: 400;">What are the advantages of investing in retail over multifamily? Philip Block, Managing Partner for LBX Investments, made the shift from investing in apartments to shopping centers almost four years ago, and currently has $284.5M in AUM. In this episode, Philip details his underwriting process that has helped him close multiple deals.</span></p> <p><span style="font-weight: 400;">Phil Block | Real Estate Background</span></p> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Managing Partner for LBX Investments, which is a diversified commercial real estate investment firm. LBX Investments has a robust platform that oversees leasing, property management, asset management, construction, marketing, finance, and accounting efforts.</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Portfolio: $284.5M in AUM (syndicate equity investments — primarily into shopping centers)</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Based in: Los Angeles, CA</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Say hi to him at:</span></li> <ul> <li style="font-weight: 400;" aria-level="2"><a href= "http://www.lbxinvestments.com/"><span style= "font-weight: 400;">www.lbxinvestments.com</span></a></li> <li style="font-weight: 400;" aria-level="2"><a href= "https://www.linkedin.com/company/lbx-investments/?originalSubdomain=at"> <span style="font-weight: 400;">LinkedIn</span></a></li> <li style="font-weight: 400;" aria-level="2"><a href= "https://twitter.com/LBXInvestments"><span style= "font-weight: 400;">Twitter: @LBXInvestments</span></a></li> </ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Best Ever Book:</span> <a href= "https://amzn.to/3umhISx"><em><span style="font-weight: 400;">Shoe Dog: A Memoir by the Creator of Nike</span></em> <span style= "font-weight: 400;">by Phil Knight</span></a></li> </ul> <p><stro