Episode 58

full
Published on:

10th Jul 2024

EP58 Sam Castle

Paths to success with Sam Castle

In this episode of the Property Funder podcast, Michael Dean sits down with Sam Castle, the co-founder of TRI7, to discuss his unconventional journey from the oil trading floors to the intricacies of property trading and asset management. Sam shares insights into his career transitions, the challenges he faced, and the strategies that have driven TRI7's success. Listeners will gain valuable lessons on entrepreneurship, the importance of mentorship, and navigating the property market in uncertain times.

First Break in Property

Sam recounts his initial career in oil trading, his dissatisfaction with the lifestyle, and the pivotal decision to leave university. Sam talks about how he secured his first job in property through a challenging task. He describes his seven-year tenure at London District, where he gained extensive experience in various property transactions.

Importance of Office Environment


Discussion on the value of being in an office environment for learning and professional growth. Sam emphasizes how overhearing conversations and asking questions were crucial in his early career development.


Raising Capital During a Crisis


Sam shares the journey of raising capital during the pandemic, transitioning from high-net-worth individuals to more strategic partnerships. He discusses his focus around maintaining discipline in deal selection.


Market Insights: Office and Retail


Insights into the current office market, including the impact of ESG requirements and TRI7’s approach to identifying undervalued assets. Discussion on high street retail opportunities and the ongoing challenges.


Advice for Aspiring Entrepreneurs


Reflections on the journey from trading oil to property. Sam offers advice for aspiring property entrepreneurs, emphasising the importance of learning from others, embracing mistakes, and backing oneself.


https://tri7.co.uk/

https://avamorecapital.com/

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About the Podcast

The Property Funder Podcast
Michael Dean, Co-Founder and Non Executive of Avamore Capital speaks to prolific figures both inside and outside of the specialist finance sector and delve into their backgrounds and the steps they took to get to the point they are at today.

About your host

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Michael Dean

Entrepreneur and experienced CEO/Managing Director. Expertise or experience in sales, marketing, fundraising, hiring, HR, deal execution, M&A, investment, deal structuring, financial management, change management, technological implementation, cross border transactions and international tax.

I am currently a co-founder and Principal of Avamore Capital, an award-winning specialist real estate development and bridging lender. I also co-founded Chartfield Homes, a strategic land investment business and future house builder.

I'm also an experienced specialist real estate financier, developer and asset manager running a single family office.

Very interested in NED roles and angel investment in technology or impactful startups where I can add value through my experience or my network

I have interests in clean energy, technology businesses and the strategic land sector and I am interested to finance planning plays with experienced property professionals skilled in securing planning consents.