Over 20+ years, Mr. Shakhshir has experience in both large corporate and smaller, entrepreneurial environments that blend the structure and rigor of larger, mature organizations combined with the creative, hard-working and entrepreneurial environment of smaller organizations. This experience has included real estate backed investment analysis, acquisitions, due diligence and capital markets, portfolio management and dispositions among other skills.
With Falcon Capital Management, Mr. Shakhshir is responsible for underwriting analysis on prospective acquisitions and investment strategy. Previously, his experience spanned over 25 years of accomplishments in mortgage capital markets, fixed income, consulting and investor relations. Over the past several years he has focused his energies and intellect specifically upon commercial real estate investment management including:
Deal Sourcing and Acquisitions
Over the past 10+ years, I have a track record of sourcing acquisitions targets (26 acquisitions | $302 million purchase price | SW, MW & SE markets), underwriting pro forma cash flows for different types of investments, modeling alternative joint venture equity waterfall structures, budgeting, hands on transaction management experience for acquisitions, dispositions and onsite due diligence. Targeted 17% project level IRR while achieving 29% IRR on 10 full turn (acquisition, management & disposition) investments. One of the proudest facts I would share with prospective investors is that we have a track record of buying only 1 out of 100 investment opportunities that are considered.
Investment Analytics
Using highly sophisticated, proprietary underwriting model to conduct best in class analysis to identify financial trends, risks and opportunities.
Strategy
Researched and compiled quantitative and qualitative information about alternative commercial real estate asset types and comparison of numerous domestic markets to select a new territory for acquisitions.
Industry Network & Deal Financing
Has a broad network of over 1,000 commercial real estate industry companies and individuals. These include debt (senior, bridge and mezzanine) and equity capital sources, property management companies and commercial real estate agents.
Experience and Education
Before Falcon Capital Management, Mr. Shakhshir was a SVP, Investments for 10 years with CALCAP Advisors where he lead efforts in Commercial Real Estate Investments across multiple asset classes and markets.
For nearly 10 years prior to CALCAP, he worked for Bank of America / Countrywide Home Loans where he lead various capital markets, enterprise risk and large scale systems deployments to manage their trading positions and balance sheet.
Concurrent with earning his MS in Finance in Chicago, he worked for a boutique consulting firm, Quantitative Risk Management, with emphasis on Fixed Income/MBS risk modeling and hedging techniques working with the largest banks and mortgage originators in the US.
Mr. Shakhshir’s education and certification credentials include a Master’s of Science degree in Financial Engineering from Illinois Institute of Technology and a Bachelor's of Science degree in Finance from California State University. He is a CFA Level 1 candidate and also holds the Financial Risk Manager certification via the Global Association of Risk Professionals.
Paul started in single family real estate investing as a college student trying to make passive income and kept that as a hobby for 15 years until 2016 when he made real estate his full-time focus. Since getting into real estate, Paul has flipped more than 80 homes and several office/retail properties, developed land, built new homes and owned or assisted in the acquisition and or management of 1,916 multifamily units both on the GP and LP sides. Before full time real estate, Paul owned and managed a nationwide trucking business, with offices in 7 states, which he exited in 2016. In addition to Paul’s real estate business, Paul consults on multifamily acquisitions for multiple groups. Paul has a B.S and Master’s degree in education. Paul is based in Austin, TX.
Falcon Capital Management's Asset Manager has over 23 years of experience in multifamily property management with a strong background in operations, training and development. Based in the Midwest, they oversee a portfolio of Class B properties, encompassing 2200+ units across multiple states. Specializing in Team and Asset Value development while maximizing owner ROI, and operational efficiencies, they have successfully managed portfolios of every multifamily asset class between C+ thru A++ and has a high level of proficiency in systems and financial analysis as well. Our Asset Manager studied finance and economics at Grand Canyon University and holds brokers licenses in multiple states while being based in Southwest Kansas.
Copyright © 2024 Falcon Capital Management - All Rights Reserved.