JF 3865: Garage Condos, Flex Space, and Building a Category of One Ft. Ben Lapidus

The Best Ever CRE Show

Best Ever CRE

Realestatepodcast, Entrepreneurship, Business, Realestate, Investing, Realestateinvesting, Realestateinvestingpodcast

4.8 • 983 Ratings

🗓️ 4 April 2025

⏱️ 51 minutes

🔗️ Recording | iTunes | RSS

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Summary

On this episode of Next Level CRE, Matt Faircloth interviews Ben Lapidus, a seasoned real estate investor and innovator behind a unique new concept called Playground. They dive into Ben’s journey from self-storage investments to pioneering the emerging asset class of garage condos—flexible, purpose-built spaces that can serve as luxury storage, personal gyms, hobby studios, or workspaces. Ben explains how Playground caters to affluent buyers looking to own, not rent, and discusses why selling individual units instead of leasing offers better returns and faster capital recycling. They also unpack zoning challenges, community-building strategies, and the massive untapped market potential across the U.S. Ben Lapidus CEO/Partner Based in: Littleton, CO Say hi to them at playground.properties besteverconference.com playground.investnext.com linkedin.com/blapidus benlapidus.com Capital Gains Tax Solutions vikingcapllc.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Are you an accredited investor seeking a premium opportunity in one of Arizona's hottest real estate
0:05.0	markets? Then elevate your investment portfolio with Viking Capital's newest class A
0:10.2	development opportunity. Peoria Gateway. Peoria Gateway is a luxurious 200-unit apartment community
0:17.0	set to debut in 2026. It offers modern luxury living with resort-style amenities
0:22.9	in a rapidly growing city of Peoria, Arizona. Why Peoria? This vibrant community along
0:29.3	the growth corridor to Phoenix is experiencing a clear housing shortage, especially for newer
0:34.2	commendity-rich rentals. Limited supply, growing demand, and a rising population
0:39.8	create ideal conditions for strong absorption,
0:42.4	premium rents, and long-term appreciation.
0:45.8	Backed by a track record of $800 million in assets
0:49.0	and over 5,000 units, Viking Capital is your path
0:52.6	to golding wealth through real estate. To learn more about Viking
0:56.4	Capital and the Peoria Gateway and thus been an opportunity, which is Adele before you right now,
1:01.3	quick a link in the show notes and get started today. What is going on, Best Over listeners? This is Matt
1:07.2	Faircloth and welcome to the best ever CRE show.
1:15.8	By the way, thank you for listening to this program and my segment called Next Level CRE,
1:17.5	which comes at you guys every Friday.
1:18.5	That's it.
1:19.0	Friday.
1:23.0	Every Friday in my show is come at you guys to write you right Friday down, put it in your calendar, your buddy Matt's coming into you guys with all kinds of great conversations
1:26.5	on how to bring your business, your strategies, your mindset, anything you got that you want to bring,
1:32.5	that you want to learn from to the next level. All the things go to the next level and the next
	...

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