ZenEp 311: Building a Wealth Creation Value-Add System with August Biniaz

onathan Greene is joined by August Biniaz, co-founder and CIO of CPI Capital, to explore how early exposure to real estate shaped August’s investing philosophy and led him from single-family investing into large-scale multifamily and build-to-rent strategies. August shares how his family’s experience with real estate as a hedge against inflation influenced his long-term view on housing and capital preservation.

The conversation dives into the realities of syndication, from learning the GP/LP structure through trial and error to building investor trust, infrastructure, and discipline over time. August explains why CPI focuses on U.S. markets like Tampa and San Antonio, how oversupply cycles create both risk and opportunity, and why patience and underwriting discipline matter more than deal volume.

Jonathan and August also discuss the value of passive investing, especially for professionals who want real estate exposure without taking on a second job. August outlines how investors can think clearly about asset classes, sponsors, and alignment before committing capital, emphasizing that trust and communication are just as important as returns.