"Interest rates go down, cap rates go down, valuations go up." - Charles Clinton
Takeaways
- Financial literacy is of the utmost importance in investment decisions.
- Equity Multiple aims to simplify real estate investing for accredited investors.
- The current real estate market shows signs of recovery after a downturn.
- Diversification is key in real estate investment portfolios.
- Charles is bullish on Texas and NYC and bearish on Florida.
Charles Clinton is the CEO and co-founder of EquityMultiple, an online platform that enables individuals to invest in institutional-grade commercial real estate. Before launching EquityMultiple in 2015, Charles was a real estate attorney at Simpson Thacher & Bartlett in New York City, where he advised major private equity clients such as Blackstone and KKR on transactions exceeding $10 billion, including Blackstone’s acquisitions of the Cosmopolitan Hotel and Motel 6, and Hilton’s restructuring ahead of its IPO. Charles earned his JD and Business Law Certificate from Berkeley Law and holds a BA from Amherst College, where he captained the swimming and water polo teams. He is FINRA Series 7 and 66 certified and resides in New York City with his wife and two daughters.
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