AZ Big Podcast: Thomas McPherson talks real estate investing in Arizona
December 24, 2024
The newest episode of the AZ Big Podcast with Michael & Amy has officially dropped. Episode 172 features Thomas McPherson, CEO and founder at Lukrom, who talks real estate investing in Arizona.
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As a real estate entrepreneur and veteran of the US Navy, Thomas enjoys solving problems and engaging with teams. He began his real estate career as an apartment broker and quickly moved into founding a private capital group to work with underperforming real estate. He continued growing the company and founded others, allowing him to transact in a broad range of property types.
A real estate entrepreneur and U.S. Navy veteran, Thomas enjoys engaging in visionary work with diverse teams to solve challenging problems. While serving in the Navy, Thomas earned his Surface Warfare and Fleet Marine Force Warfare designations and completed extensive combat medical training as an FMF Corpsman. He learned how to heal the human body, and now through leadership, he seeks to heal our communities and the planet.
Thomas began his real estate career as a broker with Sperry Van Ness, winning their National Rookie of the Year Award in 2010. He then moved to Hendricks & Partners (now Berkadia), the premier multifamily brokerage firm in the US. In 2012, Thomas founded Fenix Private Capital Group LLC to focus on improving underperforming real estate assets throughout Arizona. At Fenix, Thomas participated in purchasing and repositioning value-add multifamily, office, retail, and industrial properties across Arizona. This was accomplished by purchasing properties via short-sale, auction, REO, or conventional sales using personal capital, private lenders, banks, and raising equity.
In addition to purchasing real property, Thomas began buying distressed debt in 2011, buying nonperforming loans (NPLs) from national, regional, and community banks along with private parties. Recognizing a need for leadership in sustainable development, Thomas positioned Fenix PCG to be a pioneer development company of highly sustainable mixed-use real estate in urban cores. Partnering with Habitat Metro, Thomas has since developed the 70-unit mixed-use property Eco PHX in downtown Phoenix and Eco Mesa, the 102-unit mixed-use property in downtown Mesa. Fenix and Habitat Metro continue to develop their Eco branded and highly sustainable multifamily projects in the Phoenix area.
Hosted by AZ Big Media Editor in Chief Michael Gossie and Publisher Amy Lindsey, the AZ Big Podcast takes you behind-the-scenes of some of the most compelling storylines in the Grand Canyon State. The AZ Big Podcast features guests from a variety of industries, including legal, real estate, hospitality, athletics and more. Each episode will be about 15 minutes long to provide quick and concise information about each topic. In other words, it’s an easy listen that’s perfect for your morning or afternoon commute. Episodes post weekly on Tuesdays and are available wherever you listen to podcasts.
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