Karl Gorman, the Chief Executive Officer at GLH, LLC, is a Graduate of Western Michigan University, where he doubled-majored in Sales & Business Marketing & Finance. Karl has spent the last 20 years in corporate American where he worked for some of the largest financial institutions in the world. In addition, Karl launched GLH, LLC, a real estate investment company focused on revitalizing Black and low-income communities across the country. The company owns 3 commercial properties, 90 doors in residential single-family homes/apartment buildings, has over $33M worth of real estate and growing. We participate in ground up constructions, home flips and remodeling for other home owners. Karl is also managing partner of Valhalla Capital,
In addition to his work in the financial sector, Karl is the cofounder of Black Future Foundation, and board member of The University Club Atop Symphony Towers. He has been recognized as among the Top 50 Most Influential Leaders and through Valhalla Capital and GLH, LLC currently working on a $3B international company while managing several multiple multi-million-dollar real estate projects. Karl has a beautiful wife of 15 years and three kids, Grant, Laurel, and Halle.
Below are highlights of the interview:
Tell us about GLH, LLC, and its mission.
Built by a team of experts in real estate, construction development, project management, sales, and marketing. Our company utilizes its expertise in these fields to provide consistent results to our investors.
The primary focus of GLH is to provide investment management services to investors and equity financing to developers. Our success in sustained company growth is tied to forging mutually beneficial partnerships with investors. GLH uses a conscious investment strategy that seeks to consider both financial return and social good. We take pride in the work we do in our communities and look for opportunities to revitalize an area through the standard of work we provide. We are committed to socially responsible investing.
How do you foster a culture of innovation and adaptability within your organization, considering the rapidly changing landscape of the business industry?
GLH, LLC, has a selective hiring process and places team members in positions where they can maximize their potential. Trust and integrity are key components in the hiring process. The GLH, LLC business model is unique in that it is a flexible work day. Team members are encouraged to work at times when they are most productive and during hours that fit their schedules. This has yielded more creativity, ingenuity, and higher morale.
How do you prioritize customer satisfaction and ensure that the company provides exceptional service to its clients?
GLH, LLC seeks to invest in a diversified portfolio of properties at different price points and in markets across the country where the company currently has relationships. This balanced approach mitigates risks that are unforeseen in a potential market correction, market reduction, or market catastrophe. GLH, LLC targets single-family homes with a heavy focus on homes that 80% of the US population can afford. The investment strategy is flexible for different market conditions. It enables GLH, LLC, to capitalize on the company’s growing presence in the real estate development market. GLH, LLC targets investment opportunities that are expected to generate returns of 8% to 12% for our investors.
How do you address the increasing importance of digitalization and technology in the sector, and how does it influence the company’s operations and customer experience?
GLH, LLC, has cloud-based customer relationship management software to support operations including tracking contributions, processing distributions, running reports, sending investor updates, and messaging contacts. GLH, LLC has also implemented an investor portal for investors to have online access to their personal account information 24/7. Investors are able to conveniently view their portfolio, read reports, sign documents, and update their contact information via an intuitive and easy-to-use online platform.
As the owner and CEO of the company, what is your overall vision for the company’s future, and how do you plan to achieve it?
The keys to a successful expansion of GLH, LLC’s business platform are to:
- Expand the investor base to capitalize on the market to come.
- Continue to invest in value-added opportunities within the current market to provide an increased level of return to investors.
- Maintain current relationships with suppliers to increase availability and drive costs lower.
- Continue to be flexible with market conditions to maintain success.
- Streamline acquisitions, rehabilitation, and exit strategies.
What advice would you give to aspiring leaders or individuals looking to join the industry?
Figure out your “why.” Be persistent, have mental toughness, understand your EQ, listen more than you speak, and be genuine. With these things, you too can be wildly successful in any career.
Please Visit: https://www.glhllc.net/
