The FORT Podcast: Levi Benkert – Founder & CEO of Harbor Capital – Building a Class B Industrial Empire in Texas
Levi Benkert is a proven innovative business leader with 20 years of experience in strategic real estate-related business development. Levi founded Harbor Capital, a private equity firm focused on industrial real estate in Texas. Levi has leveraged his skills to identify unique opportunities, maximize growth, raise capital, and create a lasting vision for companies that he has founded and led. Levi has bought, managed, and developed over $450M in real estate properties in his career.
On this episode, Chris & Levi discuss:
➡️ Lessons learned during the 2008/2009 Great Financial Crisis
➡️ Story of moving to Ethiopia to build an orphanage and several businesses
➡️ Why he chose to focus on Class B Industrial throughout Texas
➡️ How Harbor underwrites deals and structures their real deals
➡️ Discussion on current real estate market
(00:04:44) Levi’s career in home building through the GFC
(00:22:06) Building an orphanage & 4 different businesses in Ethiopia
(00:33:40) Building Harbor Capital with a focus on Class B Industrial
(00:36:06) Levi’s focus within Class B Industrial
(00:46:21) Doing a deal in Katy, TX that ended up being next to the Tesla Factories
(00:52:02) Insights on the Houston & San Antonio markets
(00:56:07) “Buy, Refi, Die.” – Long-term holds
(00:57:46) Harbor and Fort Capital’s future plans
(01:06:36) Harbor’s organizational structure
The FORT Podcast with Chris Powers is a place where you can find meaningful conversations about entrepreneurship, real estate, investing, and more.
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The FORT is produced by Johnny Podcasts