Paul Gozzo now works in Business Development for WRI Capital Group

Paul Gozzo of Jupiter, Florida has transitioned from his role in Acquisitions as an analyst to working in Business Development for WRI Capital Group.  Paul has been investing in Real Estate since he graduated from Amherst College in 1998 and working in research since 2006. The move was a natural progression given Paul’s diverse background and institutional contacts coupled with the rapid growth occurring at WRI Capital Group. “Given my personal and professional experience to date, this move makes sense and I am thankful for the opportunity”, said Gozzo.

Paul Gozzo spends much of his time on the road between Tampa Bay,  Orlando, and Jacksonville, Florida as well as other areas of the Southeastern United States stretching from Dallas, Texas  to Charlotte, North Carolina. “I like to get out and see the assets we are looking to acquire, touch them, and get to know the people we will be working with potentially. It’s a fun space and an interesting time.”

WRI Capital Group provides a suite of services for institution level clients investing in the single-family asset class. Among Paul Gozzo’s roles will be to facilitate relationships with institutions, ranging from Private Equity Funds, to Hedge Funds, and Foreign Investment Groups, looking to enter or exit this space. The asset class itself, single family homes, is over two years old emerging as a new asset class to institutional investors offering upside to alternative investors and further proving itself each successive quarter. According to Gozzo, “It was just a question of time and the right cycle for the opportunity to present itself. The overpriced residential market along with overleveraged owners and the subsequent economic downturn, provided a perfect storm creating an abundance of supply offering an ideal opportunity for institutions to step in and acquire.”

But then what? If an institution weren’t specifically created to invest in this space, complete with the entire necessary infrastructure, how could they possibly allocate capital? According to Paul Gozzo, “Depending on how nimble the investor , how much money he wanted to spend and in how many different markets, it becomes an incredible logistical challenge to execute. Even extremely experienced and  smart institutional investors did not know how to get it done. Meanwhile bigger groups like American Homes 4 Rent, Blackstone’s Invitation Homes, and Colony’s Colony American Homes raised billions of dollars specifically for this space and built infrastructure to acquire, renovate, lease and manage. Other investors  who wanted in, were shut out.  Enter WRI, providing all of the services directly for the institution looking to play in this space. We were designed as  single source solution for institutional investors”

When not one the road, Paul enjoys playing outside enjoying all that calling South Florida home has to offer, including fishing and  golfing. Paul donates his time monthly to helping keep local beaches clean with The Friends of Jupiter Beach and when possible, he serves at St. Georges Soup Kitchen in Riviera Beach, Florida where he helps to prepare and serve a hot meal to over 200 people in need.

For up to date information on Paul M. Gozzo, follow him on Twitter, Facebook, Google+, Instagram, or Pinterest, Weebly, Blogger, or Wordpress.

Paul M. Gozzo June 2013 Press Release

Paul M. Gozzo of Jupiter, Florida has been investing in real estate since graduated from Amherst College in 1998. Transitioning from the equity trading desk to equity research and most recently to real estate research with a focus on distressed acquisitions was a logical move for Paul Gozzo. “My interest in residential and commercial real estate began as a kid when I followed my father around to his various real estate projects.”

Paul M. Gozzo spends his weeks split mostly between South Florida, greater Orlando, and Jacksonville, Florida as well as other areas of the Southeastern United States where he analyzes various projects for his diversified group on individual and institutional clients. Research experience in both the financial and real estate markets gives Paul Gozzo a different background than most other analysts in the real estate space who tend to start out and stick with the  one discipline. But Paul M. Gozzo feels his real niche is in having buy-side experience. He says, “having invested myself, I understand what my client’s wants and needs are as well as what their tolerance for pain may be. When you have actually pulled the trigger yourself and lived through those emotions, it gives you a much different seat at the table as an analyst.”

When not one the road or in the office, Paul M. Gozzo enjoys all of the splendors of living in South Florida including fishing and golfing as well as serving the community. Paul Gozzo donates his time monthly to helping to keep local beaches clean with The Friends of Jupiter Beach and when possible, he serves at St. Georges Soup Kitchen in Riviera Beach, Florida where he helps to prepare and serve a hot meal to over 200 people in need.

For up to date information on Paul M. Gozzo, follow him on Twitter, Blogger, Google+, Instagram, or Pinterest.