#348 - Omar Morales - Investment Sales @ Berkadia - Meet The 30-Year-Old Who’s Sold $3.3B Of Miami Real Estate
Listen now
Description
Omar Morales is an investment sales broker at Berkadia that sells land & multifamily properties across South Florida. He has sold over $3.3 billion worth of real estate ranging from $130M land deals to $355M multifamily properties, even though his average deal size is roughly $50M.  In this episode, Chris and Omar discuss: - The state of the Miami RE market - Building a world-class network - The importance of building an online brand We'd appreciate you filling out our audience survey, so we can continuously work on providing relevant content to our listeners.  https://www.thefortpod.com/survey Topics: (00:00:00) - Intro (00:03:34) - The Morales family coming to America (00:10:49) - What’s the state of the Miami RE market? (00:13:52) - Miami sub-market analysis: Brickell (00:19:05) - How have you built a world-class network? (00:28:11) - Blackstone  (00:30:40) - How hard is it to enter the Miami market? (00:35:16) - Are there noticeable differences between domestic and foreign buyers? (00:36:31) - What’s your activity been like this year? (00:43:31) - How are people dealing with insurance in your market? (00:46:25) - The Condo crisis (00:55:59) - What are the things that get you to a quick ‘no’? (00:59:01) - Where would invest $20m in Miami and where would you invest $200m? (01:00:52) - Miami sub-market analysis: The Wynwood market & Design District (01:03:48) - What characteristics do your smartest clients have that separate them from the rest? (01:06:54) - What has building a brand online done for you? Omar Morales: Follow Omar on X Omar on LinkedIn Berkadia Support our Sponsors Better Pitch: https://bit.ly/42d9L0I Fort Capital: https://bit.ly/FortCapital RE Cost Seg: https://bit.ly/3oC7JcY Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/ Chris on Social Media: X: https://bit.ly/3BYIjcH LinkedIn: https://bit.ly/45gIkFd   Watch The Fort on YouTube: https://bit.ly/3oynxNX Visit our website: https://bit.ly/43SOvys Leave a review on Apple: https://bit.ly/45crFD0 Leave a review on Spotify: https://bit.ly/3Krl9jO  The FORT is produced by Johnny Podcasts
More Episodes
Preston Holland is the Chief Commercial Officer of FLYING Finance, which is an aircraft financing company. Before taking over the finance business, Preston ran FLYING Media Group (now known as Firecrown) as Chief Operating Officer.  We discuss: When folks should consider flying...
Published 05/02/24
Mike Beckham is co-founder and Chief Executive Officer of Simple Modern, a leading producer of premium drinkware and lifestyle products. Founded in 2015 and based in Oklahoma, SimpleModern currently generates a nine-figure annual revenue and is committed to generosity, donating at least 10% of...
Published 04/30/24