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How Partnerships Helped Build a Multifamily Investment Company with Tenny Tolofari
XSITE Capital stopped buying apartments for over 2 years. Then it all changed.
Tenny Tolofari is a cofounder and head of acquisitions at XSITE Capital. Since 2019, the company has done $276 million in deals, mostly value add apartments in the Southeast.
Tenny tells Dave Dubeau why every seller in the market right now is motivated, and how one very hard $49.1 million deal made them a better company.
He also explains how partners earn a seat at the table, and how the 3 founders met over the Cashflow board game.
Key topics
• Why XSITE Capital paused buying from 2022 to 2025
• Why it's a buyer's…
The skinny
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