516: Scaling from $25,000 Checks to $250 Million in Properties

David Saxe is co-founder and Managing Principal at Calvera Partners. His company started out by buying small value-add multifamily properties in the San Francisco Bay Area and has grown to acquiring larger properties in Austin, Dallas-Fort Worth and Raleigh-Durham. Calvera invests in markets with strong health care and technology industries, often in places to which Californians are relocating. His company recently launched an evergreen fund where they are creating a diversified multifamily portfolio focused on tax-efficient cash at a highly opportune time, starting with their first acquisition in high-growth Dallas.