Join Daniel Nickles with his guest Tony Castronovo as he explains why capital raising isn’t just all about raising funds for deals. When you associate with people who think ‘big,’ you also start to think big. In Tony’s experience, he has proven that ‘proximity’ truly ‘is power.’ In this episode, Tony shares how he got into syndication and capital raising, how he elevates his company’s investor experience, and why you should definitely consider being a capital raiser.
In this episode you will learn:
- What is an IRO?
- How did Tony get into syndication?
- Capital Raising – do it ahead!
- If you’re going full-time in real estate, you need systems and technology
- Capital raising impacts your circle, not just the deal!
About Tony Castronovo:
Tony Castronovo is the founder and managing partner of Novo Multifamily Group, LLC and Novo Investments, LLC, a real estate investment company established in 2014.
Mr. Castronovo is a multifamily real estate investor with experience in acquisition, underwriting, contract negotiation, due diligence, syndication, capital raising, construction & renovations, operations, asset management, and overall asset strategy implementation. He is currently invested in 792 units and focuses primarily on Texas and Oklahoma.
Prior to his multifamily experience, Mr. Castronovo owned and operated a portfolio of single-family rental properties yielding strong annual revenues. With his background in construction, he had acquired properties through wholesale transactions and pocket listings, leveraging hard & private money lenders, developing repair estimates, managing contractors to drive property values, then refinancing into long-term notes. He has a track record of driving appreciation through strategic renovations and leading class asset management.
Mr. Castronovo is also a seasoned management consultant (previously with Ernst & Young), utilizing 25 years of experience advising clients on project portfolio investment management. He holds higher education degrees in Engineering and Construction Management.
Mr. Castronovo is revered across numerous investor communities as a mentor and coach for new investors, sharing leading practices and experience. His passion, skills, and drive for multifamily real estate investing and improving local communities are testimony to both his own success and those he mentors.
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