Ep. 21: Slow Down to Get Ahead in Multifamily, with Devin Elder

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Lance is the Founder and Managing Partner of Verivest, an end-to-end real estate investment platform designed to bring transparency and trust to middle-market investing, and a Principal in Fairway America, a real estate private equity firm in Portland, Oregon.

Devin Elder of the DJE Texas Management Group has built a stellar track record with a conservative, one-project-at-a-time approach to multifamily development. DJE works exclusively in the San Antonio market, and Devin believes this hyperlocal approach helps him execute more quickly and strategically. He and Lance also dig into the risks around Loan Maturity and Capitalization, and DJE’s programmatic approach to the upgrades of its properties.

This week’s guest

Devin Elder is a real estate entrepreneur and San Antonio native with a proven track record of repositioning properties, delivering quality housing products to market, and delivering consistent double digit returns to hundreds of passive investment partners. Devin began investing in Real Estate in 2012 and has grown revenue and profit every year since. 

Devin Elder is Founder & CEO of DJE Texas Management Group, a vertically integrated multifamily investment firm based in San Antonio, Texas. Since 2012, the firm has completed hundreds of successful investment projects including several full cycle multifamily investments. Devin is a Principal in over 2,000 doors of  multifamily.

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Episode 21