What does it take to prosper in a market where laws and rules are mostly favorable to the tenants? Let’s hear it from Edward Ring, who built a thriving real estate investing company in California and put experts together within his team.

This chat with Edward focuses on investor risk factors, the things to consider before investing in a specific market, some real estate regulations in California that people must be aware of, and leveraging team members’ expertise in an organization.

Key Points & Relevant Topics

• Edward’s story of growing up in a family with a real estate background
• Investors’ mistakes, risks, and challenges in the multifamily space
• The importance of understanding real estate rules and regulations in the tenant-friendly market of California
• Effective ways for people to succeed in the real estate investing business
• The power of having a culture of collaboration within a real estate team
• Potential challenges in the real estate business in 2024
• Tips on managing time-consuming tasks, day-to-day operations, and problems in real estate

Resources & Links
Apartment Syndication Due Diligence Checklist for Passive Investor

About Edward Ring

Mr. Ring founded New Standard Equities in 2010 and serves as its Chief Executive Officer. He has ultimate responsibility for NSE’s investment strategy, operations, risk management, and investor relationships. He has over 25 years of real estate and financial consulting experience, with 16 years of dedicated investing and operating experience in the multifamily sector. Under Mr. Ring’s leadership, NSE is known as a full-service, vertically integrated organization, and a leading investor of multifamily properties primarily located in the Western U.S. including Seattle, Northern and Southern California, and San Diego. 

Prior to forming NSE, Mr. Ring was Chief Operating Officer at Kennedy Wilson Multifamily. During his nearly 8-year tenure, he was responsible for the strategic leadership of the firm’s multifamily investment platform, including deal sourcing, business plan development, capital structuring, and asset management. Additionally, he was instrumental in developing relationships with a global base of notable institutional investors. Previously, he was with Evensen Dodge Financial and Investment Advisors, Inc., served as financial advisor to California Governor Gray Davis’ Commission on Building the 21st Century, and managed a portfolio of industrial assets at family-owned MSR, Inc. Mr. Ring began his career in television and wrote comedies for NBC, UPN, Saban Entertainment, VH1, and HBO where he earned a Cable ACE nomination for his work on The Larry Sanders Show. 

Mr. Ring received his Bachelor of Arts degree from the University of California, Berkeley, a Master of Fine Arts degree from New York University, and a Master of Business Administration degree from the Anderson School of Management at the University of California, Los Angeles. He is an active member of the Board of Directors at Center Theatre Group, one of the nation’s largest non-profit regional theaters; he is joining the Board of Trustees for the Children’s Bureau, which is dedicated to preventing child abuse through community outreach, education and mental health services; he serves on the Board of Governors at Cedars Sinai Medical Center in Los Angeles; and he is a member of Mensa and the Writers Guild of America (Emeritus).

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