#339 - Compounding $1M to $250M in 10 years - Simon Wagner - Founder @ Granite Oak

Simon Wagner is the Founder and Managing Partner of Granite Oak, a private investment firm with over $250mm of assets across Real Estate and Venture Capital. His career spans more than 20 years of investing and entrepreneurship in financial markets and alternative investments. On this episode, Chris and Simon discuss: - Working in mortgage-backed securities at Morgan Stanley in 2006 - Developing his commercial mortgage thesis - The Irish real estate market - Planning & Entitlements Links: Granite Oak - https://www.graniteoak.com/ Simon on X - https://twitter.com/WagnerSimonRE Topics: 00:00:00 - Intro 00:01:05 - Meeting Simon and his journey to the United States 00:07:10 - Working in mortgaged-backed securities at Morgan Stanley in ’06 00:21:25 - Forming the commercial mortgage thesis 00:37:35 - Lending Lessons learned 00:40:24 - Entering the Ireland market 00:43:36 - Simon’s first deal 00:55:55 - Simon’s portfolio today 00:57:12 - Ireland’s influx of foreign capital and housing shortages 01:06:34 - Fundraising 01:13:28 - Planning and entitlements Support our Sponsors: RE Cost Seg: https://bit.ly/3oC7JcY Better Pitch: https://bit.ly/42d9L0I Fort Capital: https://bit.ly/FortCapital Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/ Chris on Social Media: Twitter: https://bit.ly/3BYIjcH LinkedIn: https://bit.ly/45gIkFd Watch The Fort on YouTube: https://bit.ly/3oynxNX Visit our website: https://bit.ly/43SOvys Leave a review on Apple: https://bit.ly/45crFD0 Leave a review on Spotify: https://bit.ly/3Krl9jO