At the young age of 21 he sourced a multifamily building on Ebay in upstate NY. He secured the property and assigned his contract making an immediate profit. He later went to work for the individuals whom he had assigned the contract to and In the course of 12 months he acquired a total of 500 units. Mr Cahane was responsible for the day to day management of these units which included all the responsibilities expected of a management company. Mr Cahane worked at this company for 2 years at which he decided he thought it was important to learn the finance aspect of the transaction.
Fairmont Capital, which is a real estate firm that specializes in the placement of debt and equity for real estate professionals was his next step. Mr Cahane spent two years learning the intricacies of acquiring real estate and the important role debt and equity play in each transaction. Mr Cahane oversees and often places his own debt through existing lending relationships that have developed over the course of time.
Forte Capital Management, LLC which is the cultivation of experience in sourcing, underwriting, financing, acquiring and repositioning assets was founded by Chaim Cahane in 2008. Our sole intention is to acquire assets with which we believe have a value add component. FCM invests its own equity alongside all its investors. We understand the importance of “having skin in the game”.
