539: Local Knowledge Produces Outsized Returns

Operating in your own backyard creates operational scale, competitive local knowledge, and access to better deals.  All of these significantly reduce risk for operators and investors. Long-term holds of well-located properties in established markets, as well, adds to mitigating risk and heightening returns. Raj Khatiwala, Principal at Eclat Investments, specializes in New Jersey shore markets near where he grew up and currently resides in the summer months. He operates across several asset classes including hotels, apartments, mixed-use buildings, commercial condos, parking lots and office properties within these supply constrained markets, and has generated outsized returns for his investors.