Building a $2.9B Portfolio One Deal at a Time with Cliff Booth
Manage episode 488127001 series 3328411
In this episode of The Matthews Podcast, host Matthew Wallace speaks with Cliff Booth, founder and chairman of Westmount Realty Capital. With over 40 years of industry experience, Cliff shares his journey from moving to Dallas in 1979 to building a real estate portfolio of over 45 million square feet. They discuss Cliff's early career, investment strategies, and the importance of mentorship. The conversation also touches on the evolution of the industrial and multifamily sectors, the importance of prudent debt management, and the growing interest in cold storage and retail spaces. Tune in for valuable insights from a seasoned professional in commercial real estate.
01:57 Cliff Booth's Early Career and Move to Dallas
03:28 First Real Estate Success in Dallas
06:00 Mentorship and Building a Portfolio
08:12 Westmount's Investment Philosophy and Strategy
16:54 Focus on Industrial and Cold Storage
23:30 Navigating Market Volatility and Debt Management
26:57 Future Outlook and Advice for Newcomers
37:32 Closing Remarks
36 episodes