Mark Campbell is the co-CEO of Jasper.io has over 13 years of experience with commercial real estate firms in NZ, the UK, and Europe. Most recently, Mark led a commercial real estate joint venture between Blackstone and M7, overseeing assets currently worth more than $12 billion NZD, in seven countries. Mark led the fund since inception and oversaw the acquisition and ongoing asset management of c.1,000 assets.

On this episode, Mark deep dives into what JV-ing with Blackstone looks like and how a company of that size operates in real estate. They also talk about the inception of Jasper and the decision to turn down an offer from Blackstone as well as the New Zealand market & more. Enjoy!

Follow Chris on Twitter: https://www.Twitter.com/FortWorthChris
Follow Chris on LinkedIn: https://www.linkedin.com/in/chrispowersjr/
Learn more about Chris Powers & Fort Capital: https://www.FortCapitalLP.com
Follow Fort Capital on LinkedIn: https://www.linkedin.com/company/fort-capital/

Listen & Subscribe on Spotify: https://open.spotify.com/show/7oIeNSaSJ4zkTQOXiedyOr?si=dEM48cSPQ9OIQ1HiD8sjrg

Listen & Subscribe on Apple Podcasts: https://podcasts.apple.com/us/podcast/the-fort-with-chris-powers/id1410549811

00:08 - Mark’s Background, Career in Real Estate, Blackstone, Professional Rugby, and Jasper

25:16 - Was there something in the M7 and Jasper vs. Blackstone opportunities that drove you to take the more risky decision?

29:12 - What makes Blackstone great and what did you learn working for them that will carry through the rest of your career?

36:46 - How does someone like Blackstone's pump deal flow from $150m to 8 Billion?

44:24 - How did Blackstone react when you turned them down to start Jasper?

48:57 - What is Jasper and what are you out to accomplish?

57:38 - Are you only doing your own deals or can other operators get on the platform for deals?

59:51 - How are you finding investors and are your investors local or global?

1:02:51 - How big is the New Zealand Market?

1:04:41 - What’s your process in raising for a deal?

1:06:53 - What’s the investor experience post-investment?

1:14:04 - Are you seeing your investors being seasoned RE investors or people who have never had access to deals?

1:16:16 - What are interest rates in New Zealand?

1:17:49 - Has tourism picked up?

1:18:28 - What do New Zealanders think about Americans?

1:19:57 - Is there something about growing up in New Zealand that’s shaped who you are today?

1:21:53 - What’s the best event/festival in Europe?

1:23:32 - How can people get in touch with you and Jasper?

Email - mark.campbell@jasper.io

Mark on LinkedIn: https://www.linkedin.com/in/mark-campbell-69517415b/

The FORT is produced by Straight Up Podcasts