Groundbreakers: Episode 29 - Adam Dresher, Investor Relations Manager Break of Day Capital

Groundbreakers: Episode 29 - Adam Dresher, Investor Relations Manager Break of Day Capital

The twenty-ninth episode of Groundbreakers Podcast by Homebase! Listen in for an amazing interview with Adam Drescher, Investor Relations Manager at Break of Day Capital

Domingo Valadez

Sep 17, 2024

Podcast

Episode Summary

In this episode of Groundbreakers, Adam Drescher, Investor Relations Manager at Break of Day Capital, shares his journey from Wall Street to real estate investing. Adam discusses how his career in institutional sales and stock trading shaped his approach to raising capital and connecting with investors in multifamily real estate. He highlights the importance of empathy in building trust with investors, as well as the value of NOI-driven strategies to increase property valuations. Adam provides valuable insights on navigating the challenges of the real estate market, especially during periods of rising interest rates.

To listen to this episode, follow this link to Groundbreakers on Spotify!

Key Points Discussed

• From Wall Street to Real Estate: Adam’s transition from the fast-paced world of institutional sales to real estate investing and capital raising, and how his background has influenced his strategies.
• Building Investor Trust: The role empathy plays in successfully raising capital and building long-term relationships with investors by understanding their needs and goals.
• Maximizing Property Value: How Break of Day Capital boosts NOI (Net Operating Income) through strategic property improvements, including water usage efficiency, to increase valuation.
• Navigating Market Conditions: Adam’s perspective on the current real estate market, high interest rates, and how disciplined investing can help overcome challenges.
• Cold Calling Lessons: Insights into how early experiences with cold calling helped Adam build confidence in pitching and connecting with potential investors.

Guest Information

• Name: Adam Drescher
• Role: Investor Relations Manager at Break of Day Capital
• LinkedIn: Adam Drescher
• Website: Break of Day Capital

Conclusion

Adam Drescher’s journey from Wall Street to real estate offers practical lessons for anyone looking to raise capital and build a successful career in multifamily investing. His focus on building trust through empathy and driving value with NOI growth strategies makes this episode a must-listen for investors and operators alike. Connect with Adam on LinkedIn to learn more about his work and the impact of Break of Day Capital in the real estate industry.

DOMINGO VALADEZ is the co-founder at Homebase and a former product strategy manager at Google.