Ep. 65 | From condos to Purpose-built rentals ft Nick Stillo

Welcome Back, DC Fam! We've got some exciting news! Today, we're joined by a very special guest – Nick Stilo, Principal and COO of One Urban and host of the Groundbreakers podcast. With a rich legacy in real estate and a strong foundation in his Christian faith, Nick is dedicated to leading with integrity and focusing on social benefits through his projects.

In this episode, Nick and I dive into his incredible journey alongside his partners, transitioning from condo development to purpose-built rentals. Nick opens up about the hurdles and victories they've faced, and his belief in the power of collective growth and the importance of giving back.

Our conversations covers a range of topics including:

• Nick's entry into real estate development

• The shift from condo development to purpose-built rentals

• Challenges and complexities in urban development

• The intricacies of development financing and leveraging government incentives

• How the COVID-19 pandemic has impacted construction timelines

• The process of selling units in new developments, and

• The influence of Nick's Christian faith on his business principles and values…

And there's much more! Don't forget to rate and review the podcast. Connect with me on social media at @davidvcinelli_realtor for additional content and any questions you may have about the market or the show. Looking forward to catching up with you next week!