
From Immigrant to Building an Empire | George Armoyan
From Mastering Property Management by Jared Sarbit
January 6, 2026 · 1h 16m · Episode 53
About this episode
George Armoyan shares his journey from immigrant to successful investor, emphasizing persistence and long-term thinking in real estate.
“I’m not the brightest guy. I’m not the most articulate guy. But I’m the most persistent son of a bitch you’ll ever meet.” In this episode of Mastering Property Management , we sit down with George Armoyan, the Founder of Armco Capital and one of the most formidable contrarian investors in North America. George doesn't just survive market cycles—he masters them by thinking in decades, not years. While George is currently making waves with landmark acquisitions in downtown Calgary, his story began in the high-stakes environment of the early 1980s. With interest rates soaring past 20%, George was buying distressed assets at auction with just a few thousand dollars and a relentless drive to get a seat at the table. In this masterclass on resilience and capital discipline, George dives into: ✅ The "Immigrant Edge": How his background shaped his perspective on risk and reward. ✅ Surviving 20% Interest Rates: Lessons from the trenches of the 1980s real estate crash. ✅ Contrarian Investing: Why he buys when others are running for the exits. ✅ Long-Term Thinking: How to build a platform that spans North America and outlasts market volatility. ✅ The Power of Persistence: Why grit will…
People in this episode
Host: Jared Sarbit
Guest: George Armoyan
Topics covered
- immigrant experience
- real estate investing
- market cycles
- persistence
- contrarian investing
Keywords
- immigrant edge
- real estate crash
- interest rates
- capital discipline
- long-term thinking
Sponsors
Picture Perfect Cleaning
Mentioned in this episode
Organizations: Armco Capital
More episodes of Mastering Property Management
- 🎙️ Adam Ludgate: How Smart Sensors Are Changing Building Operations with Cirkuit · March 17, 2026 · 40 min
- 🎙️ Marty Connelly: 45 Years of Family, Integrity & Condo Management Leadership · March 3, 2026 · 37 min
- 🎙️ Maria Bartolotti: Resilience, Leadership & Building One of Calgary’s Leading Condo Management Firms · February 17, 2026 · 51 min
- 🎙️ What Capital Project Leadership Actually Looks Like Under Pressure · February 3, 2026 · 54 min
- 🎙️ Oren Lamon: Why Caring Still Wins in Property Management Leadership · January 15, 2026 · 45 min
- 🎙️ Jesse Buhler: Technology, Trust & the Future of Property Management with GWL Realty Advisors · December 11, 2025 · 44 min
Explore listener stats, chart rankings, contacts and more on the Mastering Property Management podcast page.