Dealer Highlight: Juan Alvarez: BlokHaus Actual Property + Investments Inc.

Are you receiving Inman’s Dealer Edge? Be sure to’re subscribed right here.

Dealer Highlight: Juan Alvarez, BlokHaus Actual Property + Investments Inc.

Title: Juan M. Alvarez

Title: Principal dealer and CEO

Expertise: Licensed actual property dealer with 20 years of expertise promoting high-end luxurious residential properties and numerous kinds of business properties, together with multifamily buildings, strip malls, workplace buildings and triple web (NNN) each in Miami and New York.

Just lately launched BRET (Blokhaus Actual Property Tokenization), the primary actual property tokenization platform in Miami.

Location: South Florida, headquartered in Miami Seashore

Brokerage full identify: BlokHaus Actual Property + Investments Inc.

Crew measurement: Round 30 folks, together with funding analysts, property managers, in-house advertising, accounting, a Realtor affiliate and an administrative staff

Gross sales quantity: I’ve led transactions for greater than $500 million 

How did you get your begin in actual property? 

Again in 2005, whereas I used to be working as a venture supervisor for IT tasks, I made a decision to get my license and find out about actual property and the mortgage trade. I obtained each licenses and realized about this superb world of actual property. Throughout my free time, I labored to assist household and mates to hire, make investments or buy their first properties. 

After just a few years, I made a decision to make a full transition to actual property and obtained employed by essentially the most IT-driven brokerage again within the day, which was the chief for advertising and lead era for luxurious actual property, Zilbert Worldwide Realty. Throughout my time there, I labored with the perfect brokers in Miami Seashore and realized about investments and luxurious transactions for ultra-wealthy people worldwide. 

I obtained my actual property dealer’s license and created the Juan Alvarez Group at Brown Harris Stevens Miami, the corporate that acquired Zilbert and was the primary brokerage of their enlargement to South Florida. The staff ranged from 10 to fifteen brokers. On the identical time, I obtained my twin Grasp’s diploma in Worldwide Actual Property and Finance, the place I realized about all of the potential for actual property transactions below REITs, syndication and digitalization of property.

My final leg of schooling at Harvard College, the place I obtained my fintech certification, pushed me to dig deeper into the tokenization of actual property and open the primary actual property brokerage with a blockchain focus in Miami in 2020. Right here we’re two and a half years later with 15 brokers and greater than $100 million in transactions which have led to finishing the primary actual property tokenization for the town of Miami.

What’s one thing now that you simply want you had identified while you began?

Actual property is a real department of finance and when you perceive it that manner from the beginning, you possibly can grow to be a greater actual property advisor and add extra worth to your dealings and purchasers. Therefore, deep understanding of monetary ideas like money flows, ROE, ROI, CAP, NOI, FCF, WACC, and many others., makes an enormous distinction on this aggressive world of actual property brokerage and investments.

What are 5 belongings you’d like readers to find out about you and your brokerage?

1. We offer companies for purchasing, promoting, renting, tokenizing, syndicating and managing business and residential properties. Our 360° answer features a robust proptech strategy for asset administration and revenue era via short-term or long-term leases and a powerful community of pros that staff up with us for all authorized, tax, and monetary advisory for all our consumer dealings.
2. Sturdy enterprise intelligence permits us to always analyze worthwhile investments all through the U.S. in each business and residential arenas, primarily specializing in the state of Florida, the place we’re primarily based. 
3. Our deep understanding of native and world economics, and monetary and political traits makes us distinctive actual property funding consultants. 
4. We’re drivers of financial development by fractionalizing actual property funding alternatives utilizing blockchain because the underlying know-how. 
5. We proudly constructed a platform that’s compliant with the SEC for the issuance and distribution of actual property safety tokens, the cherry on high of the crowdfunding, leverage and syndication of sensible and worthwhile actual property investments, one of the simplest ways to attach and construct eternal relationships with the investor group worldwide. 

What’s your high prediction for 2023?

There shall be mass adoption of the idea of actual property tokenization and the expansion of the secondary market of safety tokens and transaction quantity. This can enable tokens to grow to be a acknowledged funding automobile that holders can use as collateral for loans/mortgages in a matter of minutes. 

Digital banks — and conventional banks trying to get into DeFi — shall be prepared to lend 50 % as much as 70 % LTV in an actual property token-backed mortgage, and sensible contracts will automate mortgage funds utilizing funds generated via rental revenue from the token. 

What’s your high tip for freshly licensed brokers?

Freshly licensed brokers ought to begin studying immediately about fintech and the adoption and advantages of actual property tokenization. Blockchain supplies options utilizing sensible contracts to evolve how actual property transactions shall be performed.