Property Play: Hannah Hammond, a millionaire at 25, shares her playbook for real estate success

Summary

CNBC's Diana Olick interviews HB Capital CEO Hannah Hammond, who built a real estate fortune starting at 18. Hammond shares her journey from scarcity to millionaire status by 25, emphasizing mindset, relationships, and mastermind networks. She sees opportunity in commercial real estate distress, favors small bay industrial and multifamily, and is bullish on Elon Musk and technology.

• Hannah Hammond became a millionaire at 25 by investing in real estate starting with a condo and using 1031 exchanges.
• She credits mastermind groups and relationship-building as the best investments she ever made.
• She views the current market's fear and volatility as the greatest opportunity for commercial real estate.
• Capital is flowing back, transaction counts are up, and distressed debt is changing hands.
• She likes small bay industrial for its resilience, multifamily for discounted core assets, and experience-based retail.
• She is cautious on storage due to overbuilding and sees data centers as hard for ordinary investors to access.
• She personally bets on Elon Musk and technology, citing AI and EV productivity gains.