Transcript
A (0:00)
Hi, I'm Andrew Kirsch, co founder of Sklar Kirsch. On this podcast, I interview industry leaders. You'll hear their real time opinions on today's market, their background, unique career highlights and guidance for newcomers to the industry. This is the Kirsch Connection. Welcome to another edition of the Kirsch Connection. This week I have Alex Valner, the president and managing partner of Center Capital Partners. On the show, Alex talks about how he and his partners think thematically about real estate. They first invest in real estate and then they buy companies. And in order to achieve opportunistic returns, they have been going deep into, let's call it alternative real estate investments, from airfields to iOS to infrastructure and manufacturing. So a very interesting perspective on real estate investing and I'm sure you're going to enjoy my conversation with Alex Valner. Welcome to another edition of the Kirsch Connection. I'm here in studio with Alex Valner, founder of Center Capital. Alex, good to have you in.
B (1:19)
How you doing today? Andrew, thanks for having me.
A (1:21)
I mean, it's 90 degrees in March. Should we be concerned or should we be happy about that?
B (1:25)
It's a combination of both.
A (1:27)
Yeah, yeah, it's. Well, we always go skiing for spring break, which is in a week and a half in Deer Valley. And how's the snow if you like slush? I don't know how we're going to have this trip, but non refundable hotel, blah blah, blah. And so it's like we got to go. We're pot committed.
B (1:47)
Just nice to be outdoors.
A (1:49)
I will think about that when I'm just on the balcony looking at dirt instead of snow.
B (1:56)
Yep. Glass half full.
A (1:58)
So want to get into your whole background. But first, for my audience who may not know about your company, talk about Center Capital.
B (2:05)
Sure. Center Capital was founded six years ago. Foundationally, we are what we say at platform investors and we'll dig deeper into this throughout this podcast. But we target niche, alternative, overlooked and fragmented sectors and foundationally acquire real estate. But I think we put a little bit more of a venture private equity overlay to how we roll up and aggregate assets to build what could be companies or scalable portfolios and taking advantage of what we feel is a gap in the marketplace hovering below the radar of mega cap private equity institutions.
