133. Remy Raisner’s Brooklyn Playbook: Buying Through Every Crisis

In this episode of Coffee & Cap Rates, Shimon Shkury, President and Founder of Ariel Property Advisors, speaks with Remy Raisner, Founder & CEO of The Raisner Group, about building a vertically integrated Brooklyn multifamily platform by investing through every crisis.

Born and raised in Paris, Remy came to the U.S. to play Division I basketball, moved through a hedge fund and Columbia Business School, and entered real estate in the wake of the 2008 financial crisis. Today his firm owns 75 properties and is focused on middle-market multifamily in north-central Brooklyn.

Key topics include:

• Distressed beginnings: Buying non-performing debt from bank workout rooms after 2008
• The 2A/2B strategy: Building a concentrated portfolio of small free-market buildings before institutions like Carlyle arrived
• Managing through COVID: Rents down 30%, collections down sharply and lessons on adapting fast
• Contrarian buying: Mixed-use properties during the lockdown and acquisitions as rates rose in 2022
• A memorable deal: The Bed-Stuy estate sale and the remarkable story behind it
• What's next: Growing toward 100 buildings in Bed-Stuy, Prospect Lefferts Gardens, Crown Heights and Bushwick

Read about Ariel Property Advisors: arielpa.nyc

Read more about The Raisner Group: raisnergroup.com