PUBLISHED IN MEDIUM | AUGUST 27, 2019
Jakub Hejl founded Westside Capital Group as a one-man show in 2016. Now 30, the University of Miami alumnus has shaken up the real estate industry.
The results are certainly there. Westside’s recent acquisitions include a portfolio worth approximately $150 million, with almost a $500 million development pipeline owned by Westside.
But the firm’s achievements go far beyond the financial. Westside takes an innovative approach that includes a genuine appreciation of real estate, as well as a passion for building communities of value — that is, communities that truly serve the people who live and work in them.
It all began three years ago, when Hejl gave up the comfort of a multi-million-dollar compensation package to carry out his vision. He scheduled a series of investor meetings on Manhattan’s Upper West Side.
The entrepreneur presented a path for expansion, raised capital, and laid the foundation for his firm’s success. He then returned to South Florida, home of his alma mater, and built his empire from the ground up.
The name of Hejl’s company is an homage to those initial investor meetings. And in just a short time, Westside has accrued an impressive portfolio of multi-family, hospitality, and other commercial assets.
“I think the main factors that have contributed to the firm’s growth are relationships and trust,” Hejl explains. “Delivering on our promises has really fuelled our development.”
Westside operates with integrity and accountability in all areas. These unwavering principles can be traced back to the founder’s roots.
At 15, Hejl moved to the U.S. from his native Czech Republic. He was a competitive athlete at the time, and while his aspirations of becoming a pro athlete have long since passed, he still thrives off a healthy sense of competition.
“There’s something that drives me to always achieve more,” Hejl admits.
In addition to hard work, Hejl believes his achievements are a product of his upbringing. Hejl’s parents encouraged their son to always live with a goal in mind.
“It’s the ability to focus — a constant effort not to give up,” Hejl elaborates.