Alternative Investing Mastery Series
Access Replay for Session 72:
Passive Flex Space Investing
Don’t Miss This Replay
Learn from some of the biggest names in investing about how you can win with this downturn.
What You’ll Learn In This Replay
What flex space is, who rents it, and what makes it investable
How flex space generates cash flow (tenant mix, lease terms, and rent resets)
How flex space compares to larger industrial and other commercial real estate
What separates top-performing flex investments from underperformers, and how to spot red flags
How passive investors can access flex space deals
How to evaluate in the deal structure, fees, and exit strategy
Live Q&A to Give You the Answers You Need
Upcoming Sessions
May 20th - Investment Offering Documents Explained: OAs, PPMs, Slide Decks, & More
Date TBD - More to be announced
Meet Your Presenters
Patrick Grimes
CEO/Founder, Passive Investing Mastery: Diversified Litigation Portfolio, Diversified Medical Receivables Portfolio, Recessionary Acquisitions Fund, Recessionary Income Fund, PIM Rapid Lending
Patrick’s portfolio is diversified across energy, litigation finance, medical receivables, commercial lending, and acquisitions, including retail, industrial, and thousands of apartment units. He has developed a range of diversified passive investments focused on growth and cash flow. He speaks on stages nationally, co-authored Amazon #1 best-sellers 'Lesson From Thought Leaders,' and 'Pivotal Leadership,' also an e-book Barnes & Noble #1 Best-Seller, and is a member of the Forbes Business Council, contributing articles on investing and commercial real estate.
For investors who want recession-aware, low-correlation alternatives to traditional markets, Patrick offers four core strategies: (1) PIM’s Diversified Litigation Finance Portfolio, built to provide investors with non-correlated growth by funding a diversified pool of lawsuits through contingency-fee law firms; (2) PIM’s Medical Receivables Portfolio, for investors seeking non-correlated cash flow and growth through financing medical practices’ accounts receivable—billed claims for services already rendered. Patrick also offers two commercial real estate funds, both capitalizing on the downturn in commercial real estate: (3) an Acquisitions Fund, targeting growth through opportunistic property acquisitions, and (4) an Income Fund, targeting stable cash flow through a diversified portfolio of commercial real estate loans.
Patrick holds a BS in Mechanical Engineering and both an MBA and MS in Engineering from San Jose State University. An avid adventurer, he resides in Honolulu, Hawaii.
David Hansel
Founder and Managing Partner, Lucern Capital Partners
David Hansel is Founder and Managing Partner of Lucern Capital Partners, where he leads capital formation, investor relationships, and firm-level strategy. He works closely with family offices, high-net-worth individuals, and institutional partners, while also overseeing key aspects of operations and execution across the portfolio to ensure alignment between underwriting, asset management, and on-the-ground performance. Lucern focuses on small-bay industrial and multifamily investments, targeting overlooked assets with strong underlying fundamentals. The firm emphasizes hands-on asset management, operational improvements, and disciplined execution to drive value. David is also Founder and Managing Partner of Alpha Funding, a private lending platform that has originated and serviced over $1.2 billion in real estate debt. Across both platforms, his experience spans nearly 30 years in acquisitions, development, and lending, giving him a unique perspective on structuring deals, managing risk, and scaling through market cycles.
Cody Payne
Founder and Managing Partner, Flex Parks USA
Cody Payne is the Founder and Managing Partner of Flex Parks USA, a national brokerage, advisory, and platform exclusively focused on small-bay flex industrial real estate. With more than 20 years of experience and 1,000+ closed commercial real estate transactions, Cody is widely recognized as one of the leading authorities in the small-bay flex and multi-tenant industrial sector across the United States. Through Flex Parks USA, Cody has built a specialized ecosystem designed to serve investors, developers, and owners of flex space — combining brokerage, proprietary data, feasibility analysis, and a nationwide buyer network to drive superior outcomes. His platform-centric approach has helped redefine how small-bay industrial assets are evaluated, marketed, and transacted, creating clarity and confidence for both seasoned investors and first-time developers. Cody’s background spans investment sales, leasing, asset positioning, and market strategy across office and industrial real estate, with extensive experience working alongside local operators, regional groups, institutional investors, and national tenants. His deep understanding of market dynamics, tenant demand, and capital flows has allowed Flex Parks USA to consistently uncover value where traditional approaches fall short. In addition to brokerage, Cody is a co-author of Flex Space Domination, a top-recognized book on small-bay flex investing, and a frequent speaker, advisor, and media contributor within the commercial real estate industry. His work continues to shape the future of flex space development and investment nationwide.