Streams to Impact

REIA 341 Joel Friedland: What 42 years in real estate will teach you


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Joel Friedland is an industrial real estate syndicator with over 40 years of experience and nearly 100 acquisitions in the Chicagoland area totaling ~3 million sq ft. On his team are more than 200 investors.  Joel brings to us his unique philosophy on debt ratios and preservation of capital.

Main Points:

  • 2008 recession (How I got into trouble, got out of trouble, and the struggle/journey)
  • Buying assets all-cash, no mortgage (After 2008 I changed my focus to buying assets with no debt for extreme financial safety)
  • Importance of mentorship (I was mentored myself and it was huge advantage. Now I give back by mentoring others)
  • The “User Sale” (selling buildings to users instead of investors for a premium because it’s a tool for their business vs. chasing a cap rate).
  • The niche of B/C industrial in Chicago (Why we buy what we buy)
  • How I make major decisions (I have an advisory board of ~8 people who are business or real estate professionals. I don’t make any big decision without talking to them first and getting their input).
  • Raising capital (I’ve raised over $100 million for my various real estate syndications over the years)

Connect with Joel Friedland: 

  • Contact them at: https://britproperties.com/contact-us/ to learn more about our current offerings
  • [email protected]
  • https://www.linkedin.com/company/11769890/
  • https://www.youtube.com/@britproperties4581
  • https://www.facebook.com/profile.php?id=100064703481200 
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Streams to ImpactBy Allen Lomax

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