Ryan Tseko | |
|---|---|
 | |
| Born | Ryan D.Tseko 8 July 1984 Chicago, Illinois |
| Nationality | American |
| Citizenship | America |
| Education | Utah Valley State University (B.S, AM) |
| Occupation(s) | Real Estate Executive, Pilot |
| Years active | 2004–present |
Ryan D. Tseko (born July 8, 1984) is an American real estate executive and pilot.[1] He was a former Corporate Captain for flying the Gulfstream G650ER and is currently working as an Executive Vice President of Cardone Capital.[2] where he manages a $4.3 billion real estate portfolio.[3][4]
Early Life and education
Tseko was born in Chicago, Illinois, and spent his formative years moving between Southern California and Scottsdale, Arizona. He grew up in Heber Valley, Utah. When he was a child, his uncle bought a Cessna C175. He started flying at age 18[5][1] After convincing his mother he took a loan of $140k to attend the Regional Airline Academy for flight certificates and earned a B.S. in Aviation and Airway management from Utah Valley State University[1][6] He became a pilot at 21, working for United Express.[4]
Career
Tseko began his career as a commercial airline pilot with United Express from 2002 to 2012. He accumulated over 10,000 flight hours in jet aircraft in both commercial airlines and corporate.[1]
In 2012, while still working as a pilot, he met Grant Cardone, the founder of Cardone Capital, and recognized the potential in real estate.[6][4] Tseko divested his properties and invested $400,000 into 826 units of properties located in Nashville, Tennessee marking the beginning of his venture into real estate.[7][1] He sold his investment for $1.1 million after 4 years. In 2018, he raised over $400 million through debt financing.[5] he also manages Gulfstreams for the Cardone organization.[8][9]
Subsequently, Ryan joined Cardone Capital, As the Manager's Executive Vice President, his responsibilities focused on acquisitions and capital relationships.[2] During his tenure, Ryan oversaw 30 real estate acquisitions, totalling over $3 billion in transaction value, and secured over $1.9 billion in debt financing in multifamily real estate assets totalling more than 8000 units.[5] He actively contributed to the launch of investment vehicles, he played a key role in raising over $1.1 billion of equity capital through crowdfunding.[6][5]
In 2023, he is currently handling a portfolio of $4.3 billion.[3] and look after 21 properties.[4][10]
References
- 1 2 3 4 5 Nigeria, Guardian (28 September 2020). "Meet Ryan Tseko, the flying pilot building a real estate empire". The Guardian Nigeria News – Nigeria and World News. The Guardian (Nigeria). Retrieved 24 December 2023.
- 1 2 "Ryan Tseko, Cardone Capital LLC: Profile and Biography". Bloomberg.com. Bloomberg News. Retrieved 24 December 2023.
- 1 2 Pennington, Bridger (25 April 2023). "From Pilot to a Multi-Billion-Dollar Fund Manager – Fund Launch". Fund Launch Blog. Retrieved 24 December 2023.
- 1 2 3 4 Correspondent, Our (8 October 2020). "I Combined My Love for Real Estate and Piloting – Ryan Tseko". New Telegraph. Retrieved 24 December 2023.
- 1 2 3 4 AvBuyer. "Ryan Tseko: From Cockpit to Real Estate Wealth". AvBuyer.com. Retrieved 24 December 2023.
- 1 2 3 "'That One Deal Made Me A Millionaire': Former Airline Pilot Ryan Tseko Reveals His Investing Strategy That Anyone Can Follow". Yahoo Finance. 7 June 2023. Retrieved 24 December 2023.
- ↑ "Did Attempted Kamikaze Attack Expose Major Security Flaws? Pilot Ryan Tseko Points Out Ongoing Issues In The Airlines Putting Passengers And Crews At Serious Risk". Yahoo Finance. 24 October 2023. Retrieved 24 December 2023.
- ↑ "Meet Ryan Tseko: Pilot, real estate investor". Vanguard.
- ↑ Vandenboss, Kevin. "'That One Deal Made Me A Millionaire': Former Airline Pilot Ryan Tseko Reveals His Investing Strategy That Anyone Can Follow". Benzinga. Retrieved 24 December 2023.
- ↑ "How Ryan Tseko raised over $430million via crowd funding". The Sun. 2020.