Starting a Fund in Real Estate: A Personal Journey with BD Dweik

Feb 22, 2023

BD Dweik is a successful real estate investor with over 25 years of experience. He purchased his first property in 1997. He is a partner at DA Commercial Investors working on value add QSR and Commercial Retail properties. BD is on the Board of Directors for Miraval Community (267 units) and has been Service President for 6 years.

 

BD holds a Bachelor's in Electrical and Computer Engineering and an MBA, Magna Cum Laude. He received his Commercial Real Estate Certificate in 2019 and has been focusing on value-add investment through syndications in multifamily, retail, and storage with ventures totaling north of $400M.

 

In this episode, we explore BD’s journey from high tech engineer to full-time real estate professional and investor. Hear how he learned about valuations, due diligence, and investing in private placements to help his friends get involved. Discover the innovative platform he created—Bluestone Flagship Investors—that simplifies the investment process for investors. This open-ended fund allows investors to choose which deals they want to invest in with a click of a button and requires only a single Private Placement Memorandum (PPM) plus a one page disclosure for each new deal they subscribe in. Learn about his criteria for investments, which includes the GP investing in their own deal and how much they are investing. Finally, explore how this platform gives investors increased transparency and control over whether or not to invest in a deal and provides them with a return on their pro-rata share. Join us as we discuss BD’s unique journey into real estate investments and learn how his platform is revolutionizing the industry!

 

 

 

[00:01 - 06:06] Starting a Fund to Invest

• Investing in real estate is like investing in a startup - significant amount of time and due diligence is required
• He decided to start a fund to invest both passively and actively in commercial retail deals 
• He got his commercial real estate certifications from CMRi and worked for a fund manager to gain experience

 

[06:07 - 11:50] Investing with Bluestone Flagship Investors: A Simple and Flexible Way to Generate Returns

• Bluestone Flagship Investors is a passive investment vehicle for larger investments and better terms
• Investors must meet qualification criteria and commit at least $250K
• Investors can choose which deals they want to invest in 
• Returns are distributed on a pro rata basis 
• Investment data is available to investors, who can authorize funds to be wired directly

 

[11:51 - 17:30] Closing Segment

• BD Dweik shares why more investors means larger checks for deals

 

• To learn more about DB and his work, listeners can visit BFI-Fund!

 

Tweetable Quotes:

“My philosophy is we bring in these deals because we're interested in investing them ourselves..” – BD Dweik

 

“There's always gonna be factors of the unknown, but at least you understand what those risk factors are, and you understand what your downside for those particular risk factors” – BD Dweik

 

 

You can connect with BD Dweik through his:

Website: https://www.bfi-fund.com/webinar

Email: [e-mail]

 

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Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/.

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