This week Mosser Capital’s Chairman, Neveo Mosser, was featured on the Leading Voices in Real Estate podcast to discuss the history of the company, the dynamics of family business, managing through the COVID-19 pandemic, and his philosophy on growing Mosser Capital and doing good for the residents and communities where Mosser does business.
The conversation led him back to the 2011 start of Mosser Capital, noting the fundamentals that have been the bedrock of the company’s 65+ year history of success as a leader in urban workforce housing in West Coast gateway markets. He explained Mosser’s commitment to affordable housing and highly diverse communities and laid out the key characteristics of their wining investment profile: Rent-stabilized mid-sized multifamily buildings, typically ranging from 10 – 364 units, in high-demand work-force neighborhoods, with easy access to transit and employment districts. Their average resident lives in a Mosser apartment for 10 years.
“It's not just about finding investors, but finding the investors that are a right fit for us.”
- NEVEO MOSSER
Neveo shared that Mosser Capital was born out of looking for innovative ways to continue to grow Mosser Companies. By offering Mosser new avenues for acquiring properties, and formalizing processes and governance, Mosser Capital is regularly vetted by some of the top companies in the world.
Finally, Neveo spoke to Mosser Capital’s approach to finding investors. He said, “It's not just about finding investors, but finding the investors that are a right fit for us.” As Mosser Capital continues, the themes of community engagement and cultivation that have long driven Mosser Companies will remain integral.