Warrior Win

Alejandro Chardon Land Development Project Closed

Alejandro Chardon

Introduction

Alejandro Chardon is a seasoned professional with a robust background in strategy consulting at Accenture, where he collaborated with Fortune 500 executives on advanced data analytics and operational improvements, generating over $200M in value. With a B.S. in Business Administration from the University of Central Florida and an MBA from Rice University, Alejandro has successfully navigated the realms of venture capital and commercial real estate, investing over $10M in equity. His passion for real estate is matched only by his love for family, cooking, and sports.

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Property Overview

Property Name: TBD Bourdon Ranch Road

Location: Show Low, AZ 85901

Number of Units: 0 (Land Development Project)

Value Add Deal: Yes

Purchase Price: $5,700,000

Anticipated Value After Value Add: $9,800,000

Estimated Cash-on-Cash Return: 36%

Estimated Internal Rate of Return (IRR): 21%

How This Deal Came Together

Deal Source

Broker Relationship:This deal was sourced directly from the lead developer’s network, showcasing Alejandro’s ability to leverage relationships for successful acquisitions.

Equity Raise2

Total Equity Raised: $2,000,000

How It Was Raised: Through Alejandro’s Private Investor Network, demonstrating his strong connections and credibility in the investment community.

Financing Structure

Syndication Type: Syndication

Value-Add Strategies

Best-Use and Feasibility Study: Conducted to determine the optimal development plan for the land.

Entitlement Process: Engaged in engineering and environmental studies to secure city approval for entry-level housing.

Site Platting and Landscape Architecture: Final improvements included executing site platting and enhancing the landscape design.

Challenges Faced

Establishing Real Estate Investment Brand: Building a recognizable brand in a competitive market.

Investor Commitment Issues: Navigating the challenges of securing and maintaining investor commitments.

Self-Belief and Persistence: Overcoming self-doubt and maintaining motivation throughout the process.

System Management: Creating and managing effective systems for capital raising and deal execution.

Warrior Program Support

Alejandro received critical support from the Warrior community, particularly from Georgy Marrero, who provided essential knowledge and guidance throughout the capital raising process.

Lessons Learned & Key Takeaways

Always Be Raising Capital: Establish relationships and engage investors long before a deal is secured.

Understand Underwriting and Financials: A thorough grasp of financials is crucial for success.

Reliable Infrastructure: Having a dependable system in place is vital for managing the capital raising process.

Persistence is Key: Success requires continuous effort and the understanding that you are the driver of your initiatives.

The Warrior Program enabled me to understand the commercial real estate industry in great detail, beyond the books, it has given me access to amazing individuals that are invested in many different aspects of the business and have great experiences they share. The Warriors program was my gateway to launch my company and build a career in the industry.

Alejandro Chardon

Be the Next Warrior Success Story

Alejandro’s journey exemplifies the power of mentorship and community in achieving success in real estate. If you’re ready to transform your career and unlock your potential, consider joining Rod Khleif’s Warrior Mentorship Program. With expert guidance, a supportive network, and proven strategies, you can turn your real estate dreams into reality. Apply for mentorship today!

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Warrior Win

Alejandro Chardon Land Development Project Closed