Scott Choppin, founder of Urban Pacific joins the guys to discuss multifamily development on the west coast. They talk about the differences in building code requirements, costs and how Scott typically funds his projects. In addition, Scott also discusses his "Urban Town House" model and how he is targeting tertiary markets providing work force housing in and around Los Angeles building middle income, multi-generational rental housing using all private capital.
Dec 01, 2021•55 min•Ep. 76
This week we are joined by Jeff Fullerton, a veteran acoustics expert and Department Manager at Intertek in Boston. Jeff shares his secrets on ensuring your next multifamily project achieves acoustic privacy, a major topic of growing importance in our industry. Jeff shares how your project team can improve acoustics at the design stage, how the building code addresses acoustical performance, the difference between STC and IIC and how they are measured, the paradox of background noise, floor/ceil...
Nov 09, 2021•57 min•Ep. 75
In this episode we are joined by our good friend Nick Schiffer, owner of NS Builders, co-host of the Modern Craftsman Podcast and overall great guy! Nick has built a highly admired construction company focused on providing top quality craftsmanship to the high-end residential market. In this episode we discus the pressures of managing a job from clients to sub-contractors to schedule. Nick shares his views on making construction a more collaborative experience, his (strong) views on ensuring tha...
Oct 19, 2021•55 min•Ep. 74
Josu’e Velney served five years in the Marines and twelve years in the Somerville Fire department. He’s been deployed three times. He’s held titles including lead scout machine gunner and team leader & Lieutenant and now he’s a broker, licensed builder, business owner & entrepreneur. Josu’e started buying and renovating homes in 2010 and after a bad experience with a dishonest general contractor he decided he needed to deepen his understanding of the build process and enrolled in Wentwor...
Oct 08, 2021•46 min•Ep. 73
The Addicts are joined this week by William (Billy)Senné. Billy takes us through his career in real estate from renting college apartments as a BC undergrad all the way through building out a broad and successful real estate development business focused on brokerage, real estate development, property management & real estate consulting. Billy shares his growth strategy, vision for the company, hiring & team building strategy, Thank you for rating, reviewing & sharing the Real Estate ...
Sep 22, 2021•44 min•Ep. 72
This week the Addicts are thrilled to be joined by Principals Kevin Deabler and Eric Robinson who founded RODE architects in 2006 and have grown the firm to a team of 30 talented architects who are continuing to enhance the vibrancy of the City with smart and exciting design. We discuss RODE’s design process which begins with studying the massing and the bigger, more sculptural moves of the design to ensure the building is compelling and interesting while also fitting into the surrounding contex...
Sep 09, 2021•1 hr 3 min•Ep. 71
Trevor is the founder and CEO of Carrot, a lead Generation Hub used by 7,000+ real estate investors & agents to attract and convert more motivated seller leads. Using Carrot investors transform their typical boring website into one that allows you to build a true online presence and stand out in today’s crowded market. Carrot is designed to increase credibility and authority, amplify your marketing efforts, optimize SEO and lead conversion. Intrigued? Check out this episode and learn more ab...
Aug 13, 2021•54 min•Ep. 70
This week we are excited to be joined by longtime friend of the Pod, David Grossman of The Grossman Companies. The Grossman Companies is a family-owned real estate firm with local roots dating back over 120 years. David leads the firms private lending group, First Boston Capital Partners. We discuss the criteria David looks for when extending loans to builders, developers, and real estate investors, what a typical loan structure might look like as well as other creative financing options David o...
Jun 29, 2021•44 min•Ep. 69
Most sequels usually pare in comparison to the original but, like the Godfather Part II this episode is the exception that proves the rule. We start by discussing recent escalating construction costs and supply chain issues. Is the lumber market like the market for toilet paper at the start of Covid or is this inflation and is it here to stay? Mike gives us a status update on their successful lease-up efforts at The Caldwell and the strategies they are employing to fill the building quickly (12:...
Jun 16, 2021•1 hr 2 min•Ep. 68
This week we're excited to be joined by our friend Adam Burns of Burns Realty & Investments. Adam is true entrepreneur who has built a successful and vertically integrated real estate business which aside from developing a large portfolio of apartments and condominiums also offers brokerage, property management and construction management (and Cannabis Distribution?). What does it take to make the leap from 3,6,9 units projects to 30, 60, 90 unit projects? Are reports of the death of real es...
May 25, 2021•44 min•Ep. 67
SHOW ME THE MONEY!! In this episode we talk about the most important ingredient in a development deal, cash. Brian & Doug from Finance Boston are "Capital Markets Advisors" (don't call them "debt brokers!"). We start with the basics like defining the capital stack, debt vs. equity and get down to the nitty gritty deal terms and concepts. It's easy to shop for the lowest possible interest rate but, we explore all the various other less obvious factors that you should be aware of when shopping...
Apr 27, 2021•51 min•Ep. 66
It might not be obvious but, landscape architecture (LA) plays a significant role in real estate development, especially during public process and project entitlement. Michael D'Angelo of MDLA is one of the best landscape architects in Boston and we are thrilled he could join us on the Pod. Topics covered include: LA's role on the development team and process, Trends in outdoor space for multifamily developers/office developers, overlap between civil design and landscape arch, value engineering ...
Apr 14, 2021•49 min•Ep. 65
In this episode Ray maintains his contrarian streak as we take a deep dive on interior finishes. Floating vanity or typical floor mounted vanity? Floors and then baseboard or baseboards and then floors? Conduction cooking vs gas cooking? Curbless showers? Countertop options? Window options? Casement vs Double Hung? Vinyl vs Fiberglass? Fiberglass vs Wood? Thank you for rating, reviewing and sharing the podcast!
Mar 10, 2021•46 min•Ep. 64
This week the Real Estate Addicts introduce a new episode format called, "THIS OR THAT". Being a real estate developer is largely about evaluating tradeoffs and alternatives and making the best decision possible which is why this type of discussion is relevant to what we do everyday. Housewrap or Zip Wall? Engineered I-Joists or open web truss? Fiberglass vs. wood vs. vinyl windows. MDF cabinets vs plywood cabinets? New construction vs renovation? THANK YOU FOR SHARING THE PODCAST WITH A FRIEND ...
Feb 09, 2021•54 min•Ep. 63
In this episode we are joined by our good friends Alex and Harrison of of Wollaston Real Estate of “Wolly Wednesday” YouTube fame. The conversation was fun, funny and interesting but, very candid and very real throughout. We talk about how Alex and Harrison became partners and got into the business, their model of buying and renovating buildings in emerging or gateway cities like Holyoke, how Alex and Harrison raise money. Alex shares how a few difficult deals early in their partnership set them...
Jan 19, 2021•1 hr 1 min•Ep. 62
Christopher Quinn, Partner at Apex Projects LLC, a high-end luxury residential custom home building company based out of New Canaan, CT joins us to talk construction. Chris shares his experience building some of the most bespoke homes in some of the nations wealthiest zip codes like Greenwich CT, Westchester NY & the Hamptons. Some of the topics we covered include typical build costs, building for fee versus spec development, typical fee structure for GC work in Chris’ market, managing the c...
Dec 31, 2020•50 min•Ep. 61
Tyson Reynoso, Senior Director at King Street Properties joins the Pod to break down a complicated and seemingly recession proof sector within the real estate development space, Life Sciences. The news is flush with stories of the “Life Sciences Land Rush” and we dissect what that really means and cover such topics as, what are typical build costs to construct or renovate a life science facility? Once completed, what are the ranges of expected rents for these facilities? What are the key attribu...
Dec 15, 2020•34 min•Ep. 60
This week we are excited to be joined by Former Boston city councilor Josh Zakim who recently started a new nonprofit called Housing Forward-MA as well as Jenny Schuetz who is an expert in urban economics and housing policy and a fellow at the Metropolitan Policy Program at Brookings. Jenny walks us through a recent report from the Brookings Institute that she helped to author called, “Zoned Out Why Massachusetts Needs to Legalize Apartments Near Transit”. We discuss the current real estate mark...
Dec 01, 2020•46 min•Ep. 59
This week we are joined by our good friend, Tim Roman of Imperial Kitchen and Bath. Tim founded the company back in 2012 in Edgewater, NJ and has rapidly grown servicing real estate developers and builders up and down the E Coast. We enjoyed diving into the weeds on the latest trends in cabinetry and kitchen design, typical cost ranges for new kitchen installs, trends towards smart and maintenance free kitchens, common pitfalls of natural finish / wood cabinets and how to save money without comp...
Nov 17, 2020•48 min•Ep. 58
This week we are thrilled to have Deborah Ryan of Deborah A. Ryan & Associates join the Addicts to discuss state and federal accessibility requirements. These sections of code are technical, they can be complicated, but they are incredibly important to understand. We discussed how developers can ensure compliance with accessibility requirements during the planning and design stage to avoid costly mistakes. We cover a number of specific topics including the differences between Group I and Gro...
Oct 28, 2020•42 min•Ep. 57
Ted Tye, Managing Partner & Co-Founder at National Development is back for another episode! The world has certainly changed since our first episode we recorded with Ted (in person) about a year ago and we discus what those changes mean in terms of the real estate market. In this episode we discus issues related to local politics and the upcoming mayoral race, we check in on what’s happening with land costs, construction costs as well as rents and sales. We touch on the lending environment, d...
Oct 07, 2020•44 min•Ep. 56
Our good friends, Garrett Hogan and Max Taylor, Principals of OnPoint Capital join the Pod this week to discuss their real estate development business. We talked through OnPoint's experience with modular construction, how they structure development deals with investors, their experiences with zoning approvals in the City of Boston and we got into detail talking about numbers for ground up, renovation and modular builds. We typically try to storyboard an episode but, this conversation seemed to j...
Sep 14, 2020•43 min•Ep. 55
This week Gaetano (Guy) Morello joins the RE Addicts to discuss his experience developing high end Condos in some of Boston’s most desirable and expensive neighborhoods like Beacon Hill, Back Bay and South End. Guy started out as a Real Estate Broker marketing luxury condo product in New York City and then transitioned his career back home to Boston where he joined his families business in real estate development. Guys firm, High Street Properties owns and manages about 200 units in and around B...
Sep 01, 2020•36 min•Ep. 54
Mike Joanis is a licensed professional fire protection engineer and code consultant. Mike has been a tremendous resource to the Real Estate Addicts as we’ve grown and navigated various design issues and worked with local building and fire officials and so we’re thrilled to have him on the Podcast. We start covering the basic like, When is fire suppression system needed? What are hydraulic calculations and FP narratives? What are the elements of a fire alarm system? A standpipe? When is a standpi...
Aug 19, 2020•53 min•Ep. 53
Matthew Karr joins REA to talk all things estate planning and trusts. We cover the basics and then dive into the details like when does it make sense for someone to set up a plan? What’s the difference between revocable/irrevocable trusts? Living trusts vs land trusts vs realty trusts? Tax advantages to setting up an estate plan when including property in the trust? Costs associated with setting up an estate plan. Finally, Matt provides his best legal analysis on the Movie ‘Knives Out’ and what ...
Aug 06, 2020•37 min•Ep. 52
In this episode Steve Sheinkopf, CEO of Yale Appliances joins the Pod to talk all things related to Appliances! Steve was very candid on his assessment of the industry, how to buy at the best price, when to spend money and when to pull back, what to look for in an appliance, what trends are here to stay and which are doomed to die. We hope you enjoy listening to this episode as much as we enjoyed recording it! As always, thank you for rating, reviewing and sharing.
Jun 30, 2020•41 min•Ep. 51
John Balboni is a Principle at Sullivan & Worcester LLP and an expert on all things related to developing in Opportunity Zones. We dive into the weeds on the benefits this policy provides and the process which must be meticulously followed. An opportunity zone investment makes a good deal better but, can't make a bad deal good! Listen to this episode and find out why. Thanks as always for listening, reviewing and sharing The Real Estate Addicts Podcast!
Jun 23, 2020•44 min•Ep. 50
This week we are pleased to be joined by our good friend Creighton Jones from Rev-A-Shelf, who specialize in Whole Home Organization, with a heavy focus on Kitchen Cabinet Organizers! Rev-A-Shelf is produced by Jones Plastic and Engineering, an American manufacturing company employing over 2,400 workers with over 1,000,0000 sf of plants in the U.S. In this episode we discus the history of Jones Plastic/Rev-A-Shelf, the keys to designing an organized kitchen, which products have been Rev-A-Shelfs...
Jun 09, 2020•31 min•Ep. 49
In this episode, Marc, Dan & Ray continue the discuss about taking the leap from gut renovations to new construction. The guys share experience (& mistakes) taking a deep dive into framing and considerations which drive structural costs and how to avoid them. We appreciate your reviews and shares and welcome feedback (therealestateaddicts@gmail.com) to keep the podcast interesting and entertaining!
May 27, 2020•44 min•Ep. 48
The Real Estate Addicts are thrilled to welcome back Matt Picheny of MJP Property Group, LLC to continue our conversation and dive into the fine points of deal syndication. In this episode we cover: • Mechanics of a syndication 1. Legal Aspects 2. SEC Compliance 3. Investment Structure 4. Financing Structure • Attracting Investors • Tax Treatment Thank you for rating, reviewing and sharing the Real Estate Addicts Podcast. E-mail us at TheRealEstateAddicts@gmail.com; we'd love to hear from you....
May 20, 2020•46 min•Ep. 47
