LOS ANGELES, CA - Gelt Venture Partners is pleased to announce the promotion of Josh Satin to Partner. Satin, who transitioned from a successful career in professional baseball to the finance industry, has played a pivotal role in over $1 billion of acquisitions since joining the Gelt team in 2016. Starting as an asset manager, he steadily climbed the ranks to become the Chief Investment Officer and now a Partner. In his new role, Satin will continue to lead the firm's investment strategy, oversee equity raising for each acquisition and manage Gelt's debut multifamily and storage fund.
Damian Langere, a Partner and a founding member of Gelt said, “Josh’s instrumental role in sourcing, underwriting, and analyzing multifamily investments, has enabled Gelt to acquire 5,200 units valued at nearly $1.1 billion. Additionally, his contributions align with our firm's mission of maximizing returns for investors.”
Keith Wasserman, also a Gelt Partner and founding member, commended Satin's exceptional adaptability and commitment to learning, stating, "Josh's journey from the baseball field to our firm is a remarkable testament to his abilities. His unwavering dedication to grasping the complexities of our business straight after retiring from baseball has significantly contributed to our success."
Before venturing into private equity, Satin enjoyed a successful baseball career as a two-time D1 college All-American player. After earning a degree in Political Science degree at UC Berkeley in 2008, he was drafted by the New York Mets. During his time with the Mets, Satin developed an interest in multifamily investment, recognizing its compounding nature over time. Upon retiring from baseball in 2016, he embarked on a thriving career in commercial real estate.
Reflecting on his transition, Satin states, "My experience in baseball taught me the power of perseverance and strategic planning, which greatly influences my approach to multifamily investment. My first career foundation led me into real estate, and it has been an incredible journey witnessing the immense opportunities for wealth creation in this industry."
Making it to the MLB, a feat that demands exceptional instincts and relentless hard work, parallels the qualities required to excel as a successful real estate investor. Just as a professional baseball player relies on their intuition to read the game, make split-second decisions, and seize opportunities, an investor must trust their instincts, navigate market trends, analyze data, and swiftly capitalize on lucrative investment prospects. The dedication, discipline, and strategic planning ingrained in an athlete's journey are mirrored in the world of real estate investing, creating a solid foundation for achieving remarkable results.
“At Gelt Venture Partners, we recognize the undeniable connection between the attributes that drive success in sports and those that fuel excellence in real estate investment. We value the perseverance, adaptability, and strategic mindset that Josh brings to our team. His transition from the baseball field to the finance industry embodies the core values that define Gelt's approach: a commitment to continuous learning, a focus on seizing opportunities, and a drive to maximize returns for our investors. By harnessing the instincts and hard work ingrained in sports, we aim to elevate our investment strategies and continue delivering exceptional results for our partners,” added Wasserman.
