Multifamily Insights

From Consultant to $300 Million in Apartments with Shane Thomas


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Shane Thomas is a Canadian-born real estate entrepreneur and Co-Founder of Catalyst Equity Partners, a Texas-based privately held real estate investment firm founded in 2016. Catalyst focuses on the acquisition and management of large value-add multifamily properties in high-growth markets. Catalyst currently has ~1,900+ units and assets under management valued at $300M+. 

Shane is also a Co-Founder of CEP Construction Services, a multifamily construction and rehab company. Shane leads the acquisitions, financing, asset management, and investor relations efforts at Catalyst. Shane leverages his expertise in large-scale project management, analytics, and process improvement to ensure Catalyst’s processes are best-in-class. 

Prior to starting Catalyst, Shane had 10+ years of experience working at PwC, a Big-4 Consulting Firm, where he led large teams in strategically advising large Fortune 500 companies on ways to improve operations, increase revenues, and reduce costs by implementing streamlined processes and technology. 

 

In this episode, we talked to Shane about, the lessons he learned from his initial investments, his transition from a limited partner to a general partnership, what it takes to be a good syndicator or operator, adapting the right business plan for every deal uniquely, key things to look at while preparing that business plan, and much more.

 

Announcement: Learn about our Apartment Investing Mastermind here.

 

Downside Protection in Multifamily Syndication;

 

02:27 Shane's background;

14:21 Lessons he learned from initial investments;

17:41 When he transitioned from limited to general partnership;

19:47 What it takes to be a good syndicator or operator;

24:22 Adapting the right business plan for every deal;

30:24 The key things to look at while preparing the business plan;

34:08 Round of Insights

 

Announcement: Download our Sample Deal package here.

 

Round of Insights

 

Apparent Failure: Not capitalizing the deals as well as they needed to be in his early deals.

Digital Resource: Slack, Asana, and similar communication tools.

Most Recommended Book: Who Not How.

Daily Habit: Writing the top 3 things to accomplish every day, first thing.

#1 Insight for scaling a multifamily investing firm: Finding the right people to delegate certain tasks is key to success.

Best place to grab a bite in Houston, TX: Uchi.

 

Contact Shane:

Website

 

Thank you for joining us for another great episode! If you’re enjoying the show, please LEAVE A RATING OR REVIEW,  and be sure to hit that subscribe button so you do not miss an episode.

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Multifamily InsightsBy John Casmon

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