Episode 12 - Sleeping Bear Capital - Andrew Calcutt and George Freeman
First, Phil provides an ICSC RECON recap, and he shares his first experience at the storied conference in Las Vegas. Phil then sits down with Andrew Calcutt and George Freeman, two long-time friends and business partners, who invest in 6-30 unit multi-family buildings in the south side of Chicago. Andrew and George discuss their strategies, their challenges finding quality deals in the current marketplace, the lack of REO inventory, distressed debt purchasing, and their strategy of renovating challenged properties to provide affordable, quality housing in challenging markets.