Trevor's LinkedIn

https://www.linkedin.com/in/ktrevorthompson/

Trevor's Email

KTTProperties@gmail.com

Massive Capital

https://massive.capital/

From iFLY VP to CRE Syndications: Trevor Thompson on Due Diligence, Sponsors & Buying in Today’s Market In this CRE Deep Dive episode, Trevor Thompson shares his path from attraction and indoor skydiving operations to commercial real estate investing, including helping open 90 iFLY locations and completing 48 syndications as both a limited and general partner. He explains what syndications are, how he overcame fears of single-family “toilets, tenants, and trash,” and lessons from his first passive deal, including the importance of property-level due diligence and COVID-era rent challenges. Trevor outlines how LPs can evaluate sponsors, spot unrealistic underwriting and return promises, and why education, transparency, and accessibility matter. He discusses recent acquisitions, including a Texas multifamily deal and a 32-bed assisted living project, plus how underwriting has shifted toward stable, fixed-rate debt and stronger risk controls. He emphasizes compounding, avoiding “get rich quick” expectations, and taking action to overcome analysis paralysis.

00:00 Meet Trevor Thompson

01:32 Real Estate Leap

02:15 Syndications Explained

03:19 Creative Deal Lessons

04:32 First Investment Mistakes

06:34 Choosing Great Sponsors

08:39 Property Tours Value Add

11:31 Deal Deck Red Flags

13:35 When To Walk Away

15:10 Buying In Todays Market

16:18 Assisted Living Expansion

17:05 Passion-Driven Operators

17:40 Underwriting in High Rates

19:04 Walking Away From Risk

20:06 Honesty Builds Trust

21:31 Setting Return Expectations

23:33 Investor Community in Action

25:11 Real Estate Is Rich Slow

27:07 Impacting 100000 Lives

29:39 Beating Analysis Paralysis

30:58 First Steps With 50000

32:01 How to Reach Trevor