{"podcast":{"title":"Stories Behind the Door","slug":"stories-behind-the-door-7023511","podcast_index_feed_id":7023511,"rss_url":"https://feeds.libsyn.com/546122/rss","website_url":"https://safestorageusa.com","image_url":"https://static.libsyn.com/p/assets/c/9/4/c/c94cdef6fd52dc2ad959afa2a1bf1c87/Stories_Behind_the_Door_Vertical_Thumbnails.jpg","author":"Thaddeus Campbell","episode_count":52,"summary":"Self-storage isn't just square footage — it's a booming industry powered by smart operators, bold investors, sharp brokers, and everyday people making things happen. Hosted by Thaddeus Campbell, Stories Behind the Door pulls back the curtain on the real players behind the deals, developments, and day-to-day grind. Every week, we sit down with the people who are shaping the future of storage and flex space — one story at a time. If you're in the business or thinking about getting in, this is your front-row seat.","last_synced_at":"2026-06-11T02:17:03.128526+00:00","page_url":"https://stenobird.com/podcast/stories-behind-the-door-7023511"},"episode":{"title":"Frank Forte Quite NYC Investment Banking to Build Something True to his Jersey Roots","slug":"frank-forte-quite-nyc-investment-banking-to-build-something-true-to-his-jersey-roots","published_at":"2026-04-29T15:45:00+00:00","page_url":"https://stenobird.com/podcast/stories-behind-the-door-7023511/frank-forte-quite-nyc-investment-banking-to-build-something-true-to-his-jersey-roots","show_page_url":"https://stenobird.com/podcast/stories-behind-the-door-7023511","url":"https://c1fb7a5a-b918-4752-8e66-99cccd34cccf.libsyn.com/frank-forte-quite-nyc-investment-banking-to-build-something-true-to-his-jersey-roots","audio_url":"https://dts.podtrac.com/redirect.mp3/traffic.libsyn.com/secure/c1fb7a5a-b918-4752-8e66-99cccd34cccf/0._Podcast-Audio-Frank-Forte.mp3?dest-id=4709347","summary":"I sit down with Frank Forte , Partner at Lucern Capital Partners , for a masterclass in consolidating the fragmented small bay industrial market . Frank has spent the last decade moving from high-level institutional banking to active ownership, raising over $100 million in equity and delivering project IRRs that most pro-formas wouldn't dare to show . We discuss the stark reality of the 2026 real estate market—what Frank calls a \"long winter\" for multifamily and storage—and why he believes the \"middle 80%\" of a deal (the operations) is where true wealth is created . From towing 85 cars off a distressed Charlotte site to helping small business owners find stability through five-year leases, Frank's approach is a blend of hard-nosed Jersey grit and sophisticated financial underwriting . Key Takeaways from this Episode: Contenders vs. Pretenders: Why you need to peel back the onion on who is actually owning and operating assets versus just posting on LinkedIn . The Insulation of NNN: How small bay industrial protects landlords from the \"pound of flesh\" tax assessors are taking from residential and multifamily owners . Unlocking \"Tetris\" Value: Creative ways to move tenants within a park to mark rents to market without losing occupancy . The \"Humble Rebel\" Mindset: Why hungry entrepreneurs and small business owners make the best tenants . Global Economics: What a 90% tax rate in France can teach U.S. business owners about corporate structure and the ability to exit . If you are a real estate professional looking for the \"storm clouds to clear,\" Frank's insights on finding and fixing distressed industrial assets are essential listening . Connect with Thaddeus Campbell (S3 Partners): Email: thaddeus@s3.partners LinkedIn: https://www.linkedin.com/in/itsthadcampbell/ Connect w…","meta_description":"I sit down with Frank Forte , Partner at Lucern Capital Partners , for a masterclass in consolidating the fragmented small bay industrial market . Frank h…","key_points":[],"chapters":[],"topics":[],"duration_seconds":2173,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/stories-behind-the-door-7023511/episodes/frank-forte-quite-nyc-investment-banking-to-build-something-true-to-his-jersey-roots/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/stories-behind-the-door-7023511/frank-forte-quite-nyc-investment-banking-to-build-something-true-to-his-jersey-roots.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}