Welcome to Deal Flow with
Michael Pouliot, CFA, CAIA. This podcast is the go-to destination for high-level private equity and real estate professionals, including institutional investors and market experts handling $10 million to $100 million transactions.
In this episode, we’re joined by
Danny Kattan, Partner Capital Markets at
PIA Residential. Danny shares his journey from investment banking to successful real estate investing during the 2008 financial crisis. He also shares invaluable insights on market dynamics, the importance of cash flow, and the resilience of renters while emphasizing risk management and the significance of strong sponsorship in real estate deals. They discuss the evolving landscape of real estate investment, the rise of the "sell to rent" model, and how networking can be a game-changer for success. Tune in for expert strategies and lessons essential for seasoned investors and newcomers!
Danny Kattan is a co-founder of PIA Residential, bringing over 20 years of real estate experience to the firm. He has been instrumental in acquiring more than 400 properties, totaling over 2,000 units and a value exceeding $350 million. Previously, Danny served as a Mortgage Advisor at Countrywide Financial, where he gained extensive knowledge of the residential mortgage market.
In 2008, he leveraged this expertise to guide funds in acquiring and restructuring non-performing loans. A cum laude graduate from Northeastern University with a B.S. in Industrial Engineering, he also holds an MBA from the Wharton School of Management. Danny is a frequent speaker and moderator at real estate conferences and actively serves on the Planning and Zoning Board for Hallandale, alongside his roles in community organizations.
Episode Topic and Highlights
14:20 - 17:38 Current Market Dynamics and Amateur Investors
17:40 - 19:11 Investment Strategies and Risk Management
22:08 - 25:34 The Role of the Sponsor in Real Estate Investments
36:14 - 41:00 Transition from Single-Family to Multifamily Properties
43:10 - 46:20 The "Sell to Rent" Concept