Podcast
F Street's Capital Gains Club
Hosted by F Street · EN
Welcome to Capital Gains Club—the podcast where high-net-worth investors and F Street insiders unlock strategic insights, emerging trends, and exclusive opportunities in real estate. Join us for candid conversations that turn market shifts into portfolio growth.
11episodes
Episodes
Newest firstAll episodes
The Hidden Gem: How We Deliver Multifamily Projects On Time & On Budget
Apr 300:19:46Tap to summarizeWhat does it actually take to deliver a multifamily development from groundbreaking to ribbon cutting? In this episode, Mitch Ferraro sits down with EJ Herr, F Street's Director of Project Delivery—the man responsible for making sure every multifamily project comes in on time and on budget.EJ pulls back the curtain on the construction side of real estate development, including:The Role:• How EJ serves as the "conduit" between F Street, investors, architects, engineers, municipalities, and general contractors• Why he joined F Street in fall 2021 and hit the ground running on day oneThe Projects:• Lakeshore Commons (Oak Creek) – Phase 1 with horizontal infrastructure, single-family homes, townhomes, and mid-rise multifamily• The Emery (West Bend) – Completed fall 2025 with townhomes and garden-style apartments• Village 43 (Brown Deer) – Completed November 2025, garden-style development• Axis Apartments (West Allis) – Currently under construction, combining garden-style and four-story mid-riseThe Process:• How we choose partners who are "the best at what they do"• Building contingency into every budget (the "oh shit factor")• Working with utility partners (WE Energies) and municipalities for water, sewer, and services• Why trade partners and general contractors often become investors in our dealsThe Wins:• Every project delivered on time and on budget to date• Investors becoming residents (the ultimate vote of confidence)• The satisfaction of creating homes where people actually build their livesIf you've ever wondered how we go from land acquisition to a fully stabilized, cash-flowing asset, this conversation reveals the secret weapon behind the scenes.Resources & Links:Connect with Mitch: mitch@fstreet.comSchedule a tour of our multifamily properties🔔 Subscribe for insights on real estate development, private credit, and investor-aligned strategies.#MultifamilyDevelopment #ConstructionManagement #RealEstateInvesting #ProjectDelivery #CRE #BehindTheScenes
Transcribe →Inside F Street's Record 2025 & 2026 Pipeline
Feb 2700:19:55Tap to summarizeWhat does a record year look like for a real estate operator? In this episode, Mitch Ferraro sits down with Development Associate Lane Gugger to break down F Street's massive 2025 and what's already in motion for 2026.Lane, who underwrites deals and runs due diligence on both industrial acquisitions and multifamily developments, pulls back the curtain on:The 2025 Scorecard:• Industrial: 11 acquisitions across the country, 3.2 million square feet, over $30M in equity raised• Multifamily: 3 developments completed (Oak Creek, Brown Deer, West Bend), plus breaking ground in West Allis• Private Debt Fund: $141M loaned across 367 loans—the best year in the fund's 16-year historyThe Process:• How we source deals (80% from "power brokers," 20% from online listings like Crexi)• The 7-point due diligence checklist Lane runs on every acquisition• Why we're "not tire kickers"—and how that reputation gets us better deals• The parallel path of multifamily development: entitlements, financing, TIF negotiations, and city approvals2026 Preview:• Targeting another 3M square feet of industrial (Ohio deals already under contract)• 2-3 multifamily groundbreakings (Caledonia and more)• Investor events: dinners, Brewers games, golf outing, and the annual Investor SummitIf you want to understand how we find, vet, and execute deals across our three investment sleeves, this is your inside look.Learn more about F Street's current opportunities.Connect with Mitch: mitch@fstreet.com🔔 Subscribe for insights on real estate syndication, private credit, and investor-aligned strategies.#RealEstateInvesting #IndustrialRealEstate #MultifamilyDevelopment #PrivateDebt #DueDiligence #CRE #2026Pipeline
Transcribe →TIF Financing Explained: How Developers & Cities Partner to Build (Without Boring You)
Feb 1300:20:29Tap to summarizeTax Incremental Financing (TIF) sounds complicated—but it's actually one of the most powerful tools in real estate development. In this episode, Mitch Ferraro sits down with Nick Jung, F Street's Director of Development and a practicing attorney, to demystify TIF and explain how it creates win-win-win outcomes for municipalities, communities, and investors.Nick breaks down:• TIF 101: What it is, how it works, and why it exists (hint: it started in California in the 1950s).• The Public-Private Partnership: How we partner with cities like West Allis, Brown Deer, and Oak Creek to transform blighted sites into thriving communities.• TIF vs. TID: The difference between Tax Incremental Financing and Tax Incremental Districts (and why it matters).• The Investor Angle: How TIF bridges the gap between construction costs and rents, making high-quality developments financially feasible—and why we only pursue municipalities that want to be true partners.• Real-World Examples: Specifics from Village 43 (90%+ rebate) and our West Allis project (100% rebate for ~25 years).If you've ever wondered how developers make deals work in communities that need housing but can't command downtown rents, this episode is for you.Learn more about F Street's current multifamily opportunities.Connect with Nick or Mitch: nick@fstreet.com | mitch@fstreet.com🔔 Subscribe for deep dives on real estate development, private credit, and investor-aligned strategies.#TIF #TaxIncrementalFinancing #RealEstateDevelopment #Multifamily #PublicPrivatePartnership #CommercialRealEstate #Investing
Transcribe →F Street's New Strategy to Partner with Advisors & Family Offices | Ep 27
Jan 3000:15:49Tap to summarizeHow does a real estate operator build bridges with RIAs and Family Offices? In this episode, Mitch Ferraro sits down with Michael "Shep" Sheppard, F Street’s new VP of Capital Markets and a former RIA founder, to discuss the intentional strategy behind our institutional growth.Shep brings a unique perspective from the other side of the table, having built and sold his own RIA. He explains:• Why RIAs & Family Offices Are Looking at F Street: Our role as a non-correlated, stable source of passive income with deep downside protection.• The "Hidden Gem" Thesis: How our 16-year track record, municipal partnerships (TIF), and multiple exit paths differentiate us in a crowded market.• Direct Access to Decision-Makers: The cultural advantage of a "get shit done" partnership where investors can speak directly to the principals underwriting the deals.• The Three Sleeves: How we fit into a portfolio with private debt (10% target), multifamily development (18-24% target IRRs), and industrial acquisitions.If you're an advisor evaluating alternative investment partners or an investor curious about our disciplined growth, this conversation reveals the "how we think" behind the "what we do."Resources & Links:Connect with Shep: shep@fstreet.comConnect with Mitch: mitch@fstreet.comLearn more about investing with F Street.🔔 Subscribe for insights on real estate syndication, private credit, and building investor-aligned partnerships.#RIA #FamilyOffice #CapitalMarkets #AlternativeInvestments #RealEstateSyndication #PrivateDebt #WealthManagement #Fiduciary
Transcribe →550 Units & $100M+: Inside Our 2025 Multifamily Wins & 2026 Pipeline
Dec 2600:39:11Tap to summarizeHow does a developer deliver over 550 units in one year while locking in a transformative 2026 pipeline? Mitch Ferraro sits down with F Street Principals Nick Young and Lane Gugger for a transparent, behind-the-scenes review of our 2025 multifamily developments and an exclusive look at what’s coming next.We break down:• 2025 Wins: The $86M+ in completed projects (Summit South, Village 43, The Emery) and how we delivered them on time in a volatile market.• The Development Flywheel: Our 8-15 month construction timelines and the "investor-first" payout structure that targets 18-24% IRRs.• Live Deal Update: The current opportunity with the AXIS Apartments (F Street 92) in West Allis.• 2026 Pipeline Preview: An exclusive first look at our upcoming 130-unit garden-style development in Caledonia and a major transformative project to be announced soon.If you’re interested in the disciplined, municipality-partnered approach behind high-yield multifamily syndication, this is your inside look.Learn more about investing with F Street.Want specifics on the current opportunity mentioned? Reach out to our team.🔔 Subscribe for deep dives on commercial real estate development, private credit, and investor-aligned strategies.#Multifamily #RealEstateDevelopment #Syndication #InvestorReturns #CommercialRealEstate #PassiveIncome #2026Pipeline #RealEstateInvesting
Transcribe →Tax Strategy DECODED: How Real Estate Investors Use Paper Losses to Build Wealth
Dec 200:25:09Tap to summarizeUnlock the #1 tax advantage in real estate investing. Mitch Ferraro sits down with Matt Hamilton, Senior Tax Manager at Hall CPA, to break down the powerful strategy of using depreciation to create a wealth-building flywheel. Learn how cost segregation studies, K-1s, and the latest bonus depreciation rules can help you defer taxes and grow your portfolio efficiently.Key Topics Covered:Real Estate Tax StrategyDepreciation & Cost Segregation Studies1031 Exchange AlternativesPassive Activity Loss RulesK-1 Tax Forms for InvestorsBonus Depreciation 2024Real Estate CPA AdviceBuilding Tax-Efficient Wealth🔔 Subscribe for more actionable insights on commercial real estate, private credit, and investor strategies.#RealEstateInvesting #TaxStrategy #PassiveIncome #WealthBuilding #Depreciation #CPA #CommercialRealEstate #Investing
Transcribe →13% Returns from SOUP & TACO SHELLS
Nov 1900:17:57Tap to summarizeYour pantry is about to make you money. We just bought the industrial facility that supplies your soup and taco shells—and the returns will make you look at grocery stores differently.Inside our Bear Creek acquisition:🥣 Fortune 250 Tenant: General Mills📈 Targeting 13-14% Cash-on-Cash in Year 1🏗️ Built-in Margin of Safety: Buying at a 60%+ discount to replacement cost🧾 2025 Tax Write-Offs: Cost segregation study = immediate passive lossesThis is how we find "boring" deals with exciting returns.📧 For accredited investors only: mitch@fstreet.com#Investing #CommercialRealEstate #WealthBuilding
Transcribe →$1M Left: The Finish Line for 147 Unit Development
Nov 700:17:54Tap to summarize🔹 The $11.3M capital raise is 90% complete. We break ground in days. Here's your final look inside.Mitch and Development Associate Brian Gallagher provide a final update on F Street 92, LLC – The Axis Apartments before the construction loan closes. In this episode, you'll learn:✅ The Deal: 147-unit Class A multifamily in West Allis, WI, with a target 20% IRR.✅ The "Secret Sauce": How a 24-year, 100% tax rebate (TIF) from West Allis makes this project—and its returns—possible.✅ The Final $1M: What happens if we don't raise it? (Spoiler: We move forward, but your window is closing).✅ Teaser: Another industrial acquisition is coming before year-end.📩 Final chance to invest? Email Brian (brian@fstreet.com) or Mitch (mitch@fstreet.com)#MultifamilyDevelopment #RealEstateInvesting #PassiveIncome
Transcribe →Investors Flew In From ECUADOR: Inside F Street’s 2025 Investor Summit
Oct 2400:16:52Tap to summarize🚀 From a toaster oven for opening a bank account... to self-directed IRAs for funding real estate deals. The alternative investment movement is here.F Street founder Scott Lurie and Mitch Ferraro recap the explosive energy of the 2025 Investor Summit. In this episode, they break down:✅ Why We Host It: Open-book transparency, tire-kicking, and transforming digital relationships into real handshakes.✅ The "A-Ha" Moments: 80+ investors connecting, from seasoned pros to those new to alternatives.✅ The "Alternative Investment" Movement: Why moving beyond "set-it-and-forget-it" is critical for wealth building today.✅ What's Next: How we're building on this momentum for an even bigger 2026.This is more than an event, it's the core of our philosophy.📩 Want to be part of the next one? Start the conversation: mitch@fstreet.com#InvestorSummit #AlternativeInvesting #FinancialLiteracy
Transcribe →Why We Host an Investor Summit
Oct 1400:18:54Tap to summarizeMost investment firms send emails. We open our doors. Here’s why it matters.In this episode, Mitch sits down with Mike Doney, F Street’s COO, to discuss:✅ The Investor Summit: Why we host this 2-day event (and why it’s grown from "inaugural" to "can’t-miss")✅ F Street’s Communication Ethos: How radical transparency builds trust and lowers investor risk✅ From 4 to 30+ Employees: The 8-year journey to building a firm where "the door is always open"✅ Beyond the Deal: How face-to-face relationships turn first-time investors into lifelong partners📅 F Street Investor Summit: October 15-16 | Downtown Milwaukee📩 Request an Invitation: Email mitch@fstreet.com or call (414) 485-0306#InvestorRelations #CommercialRealEstate #Transparency
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