Podcast: Richard Hurd of Hurd Real Estate
Early this morning, the Net Lease Observer Podcast released a conversation with Richard Hurd, Founder and President of Hurd Real Estate.
An internally funded commercial real estate investment and development firm based in Des Moines, IA, Hurd Real Estate owns and manages a portfolio of over 200 income-producing properties (most of which are single tenant net lease). The conversation with Richard covers his five decades of creating value and compounding capital while instilling the unique characteristics that define him and his internally funded business.
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Shooting star in good company
Starwood Property Trust (NYSE: STWD) announced a definitive agreement to acquire Fundamental Income Properties for $2.2 billion.
Focused primarily on providing sale/leaseback capital to middle market companies and private equity sponsors, Fundamental Income is currently majority owned by Brookfield Asset Management.
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