Beyond the Resume

The Impact Real Estate Podcast is now Beyond the Resume! In this episode take a deep dive into affordable housing with Michelle Militello, Vice President, Equity Asset Management at The Community Development Trust. Michelle shares her extensive background in affordable housing, detailing her transition from banking to community development. She emphasizes the importance of asset management in preserving affordable housing and discusses the skills necessary for success in the industry. Michelle also highlights her commitment to mentoring women in affordable housing and reflects on the leadership lessons she has learned throughout her career.

Apple Podcasts: https://apple.co/3I3nkG9

Spotify: https://spoti.fi/35ZJGLT

Web: https://www.jacksonlucas.com/podcast/michelle-militello

Chapters

00:00 Introduction to Michelle Militello and Her Journey

02:03 Career Path: From Banking to Affordable Housing

12:34 Role at Community Development Trust (CDT) and Its Mission

18:58 The Importance of Asset Management in Affordable Housing

22:45 Skills for Success in Affordable Housing

31:23 Mentorship and Leadership Lessons

36:02 Conclusion and Future Collaborations

Takeaways

Michelle Militello has a rich history in affordable housing.

Her career transitioned from banking to community development.

Asset management is crucial for understanding affordable housing.

The mission of CDT is to preserve affordable housing.

Michelle emphasizes the importance of mentorship for women in the industry.

She believes in the power of genuine leadership.

Her family background influenced her career choice in real estate.

Education, particularly an MBA, played a significant role in her career.

Michelle's passion for affordable housing drives her work.

Collaboration is key in the affordable housing sector.

The Impact Real Estate Podcast is now Beyond the Resume! In this episode we chat with Pat Schwartz (Better Tomorrows), Susan Neufeld (BRIDGE Housing Corporation), Andrea Ponsor (Stewards of Affordable Housing for the Future) and Yasmin Hurston Cornelius (L+M Development Partners LLC) about the critical role of social services in affordable housing. The panel alo explores how these services have evolved, the impact of COVID-19, and the financial models that support them. The discussion touches on the importance of resident engagement, the challenges of funding, and the benefits of integrating services into for-profit housing models. They also chat about how the innovations in housing solutions and the necessity of building trust within communities.

Apple Podcasts: https://apple.co/3I3nkG9

Spotify: https://spoti.fi/35ZJGLT

Web: https://www.jacksonlucas.com/podcast/webinar-affordable-housing-services

Chapters

00:15 Introduction of Panelists and Their Backgrounds

07:01 Overview of Affordable Housing Services

07:56 Evolution of Social Services in Housing

13:14 Funding Challenges and Stakeholder Engagement

19:52 Policy and Financing Partners in Affordable Housing

20:37 Navigating Financial Pressures in Community Services

23:10 Measuring Impact: The Challenge of Metrics

25:38 Building Trust and Community Engagement

29:47 The Role of Service Coordination in Housing

38:45 COVID-19: Unveiling Mental Health Challenges

48:11 The Importance of Services in Affordable Housing

53:59 Innovations in Housing Solutions and Technology

Takeaways

Social services have evolved from being seen as a box to check to an integral part of housing stability.

The pandemic highlighted the fragility of mental health among residents and service providers alike.

Fewer evictions and lease violations lead to significant cost savings for property owners.

Building community is essential for effective service delivery in affordable housing.

Funding for social services often comes from operating budgets, not just grants.

Resident engagement is crucial for understanding and meeting community needs.

The housing first model is becoming a standard approach in affordable housing.

Innovative solutions like tiny homes and technology can enhance housing services.

Trust between residents and service providers is vital for successful outcomes.

Collaboration with local organizations can improve service delivery and community impact.

The Impact Real Estate Podcast is now Beyond the Resume! In this episode we chat with Demetrius Thornton, the Founder and CEO of Limmor Group. Demetrius shares insights on his career journey, emphasizing the importance of hard work, navigating workplace challenges, and personal aspirations. He discusses methodologies for success, effective business strategies, and the significance of time management. The dialogue reflects on growth, change, and the dynamics of the workplace, providing valuable takeaways for our listeners.

Apple Podcasts: https://apple.co/3I3nkG9

Spotify: https://spoti.fi/35ZJGLT

Web: https://www.jacksonlucas.com/podcast/hr-Demetrius-Thornton

Chapters

00:00 Journey to New York: Dreams and Beginnings

06:07 From Education to Human Resources: A Unique Path

12:49 Diversity, Equity, and Inclusion: A Global Perspective

18:28 Navigating Power Dynamics in the Workplace

24:38 Career Development and Succession Planning Challenges

30:32 The Evolution of HR: Skills and Experience

37:44 Market Corrections and the Future of Work

Takeaways

Hard work is essential for career success.

Navigating workplace challenges requires resilience.

Time management is crucial for achieving goals.

Different methodologies can lead to success in various fields.

Effective pitching can significantly impact business outcomes.

Personal aspirations drive motivation and growth.

Understanding workplace dynamics is key to thriving.

Continuous learning and adaptation are necessary for career advancement.

Building relationships in the workplace enhances collaboration.

Reflecting on past experiences can guide future decisions.

The Impact Real Estate Podcast is now Beyond the Resume! In this episode we chat with Merrie Frankel, the President of Minerva Realty Consultants. She shares her extensive career journey in real estate capital markets, discusses her experiences as a professor, author, and board member. She emphasizes the importance of understanding the four quadrants of capital markets, the value of networking, and the role of mentorship in career development. Merrie also reflects on the traits that contribute to success in various real estate roles and shares memorable experiences from her career.

Apple Podcasts: https://apple.co/3I3nkG9

Spotify: https://spoti.fi/35ZJGLT

Web: https://www.jacksonlucas.com/podcast/merrie-frankel

Chapters

00:00 Introduction to Merrie Frankel’s Career Journey

02:51 The Four Quadrants of Real Estate Capital Markets

06:07 Transitioning Through Careers: From Law to Real Estate

12:12 Networking and Career Opportunities in Real Estate

17:58 The Role of Mentorship and Building Relationships

23:46 Insights on Student Traits and Career Development

29:56 Memorable Experiences and Lessons Learned

Takeaways

Merrie Frankel has taught real estate capital markets for over 20 years.

The four quadrants of capital markets are debt, equity, public, and private.

Networking is crucial for career advancement in real estate.

Mentorship plays a significant role in professional development.

Flexibility and the ability to deal with numbers are key traits for success.

Merrie emphasizes the importance of having a personal board of directors.

She believes in helping others and giving back through mentorship.

Real estate deals are fascinating and keep professionals engaged.

Merrie's book aims to fill a gap in real estate education.

Building relationships is essential for long-term success in any career.

The Impact Real Estate Podcast is now Beyond the Resume! In this episode, In this episode, we interview Justin Halada, COO of Prometheus Real Estate Group. We discuss Justin's journey from being a college athlete to a successful executive in real estate, the importance of teamwork and collaboration, the role of an asset manager, and how the pandemic has influenced the real estate market. Justin shares insights on hiring for cultural fit, the significance of mentorship, and the future plans for Prometheus.

Apple Podcasts: https://apple.co/3I3nkG9

Spotify: https://spoti.fi/35ZJGLT

Web: https://www.jacksonlucas.com/podcast/justin-halada

Chapters

00:00 Introduction and Background

03:16 Overview of Prometheus Real Estate Group

05:07 Transit-Oriented Development

07:00 Justin Journey to COO

07:52 The Importance of Asset Management

20:53 The Role of a COO: Responsibilities and Strategy

23:28 Building a Strong Team Culture and Working with People

26:25 Adapting to the Impact of the Pandemic on Real Estate

36:01 Hiring for Traits and Cultural Fit

38:36 The Influence of Mentors and Coaches

Takeaways

Justin Helada emphasizes the importance of teamwork in building a successful organization.

His athletic background has significantly influenced his leadership style and approach to teamwork.

The role of an asset manager involves setting high-level strategies and collaborating with various teams.

Adapting to market changes is crucial, especially in the wake of the pandemic.

Hiring for cultural fit is more important than just focusing on experience.

Mentorship plays a vital role in personal and professional growth.

The pandemic has reshaped the real estate landscape, requiring new strategies and adaptability.

Prometheus Real Estate Group is focused on expanding its development pipeline.

Justin believes in the value of self-sacrifice for the greater good of the team.

Creating a positive company culture is essential for long-term success.

The Impact Real Estate Podcast is now Beyond the Resume! In this episode, Mike Moran, co-founder of Soundwater, discusses his journey in retail real estate, the impact of COVID-19 on the sector, and the importance of relationships and mentorship in building a successful career. He shares insights on capital raising, investment strategies, and the future focus of Soundwater on grocery-anchored retail assets. Mike emphasizes the value of hard work, long-term planning, and the role of mentors in his career development, while also providing advice for aspiring entrepreneurs.

Apple Podcasts: https://apple.co/3I3nkG9

Spotify: https://spoti.fi/35ZJGLT

Web: https://www.jacksonlucas.com/podcast/mike-moran

Chapters

00:00 Introduction to Soundwater Properties

02:48 Starting Soundwater Properties

07:23 Background and Entry into Real Estate

12:07 The Importance of Relationships in Real Estate

13:39 Focus on Grocery-Anchored Neighborhood Assets

17:13 Mentors and Mentoring Others

22:15 Balancing Work and Personal Life

23:48 Morning Routine and Exercise

26:41 Long-Term Planning and Taking a Chance

28:10 The Role of Luck and Paying It Forward

28:47 Conclusion

29:14 Introduction and Background of Mike

30:11 The Value of Institutional Backgrounds and Finance Skills

30:22 Insights into the Retail Industry and Starting a Company

Takeaways

Soundwater focuses on grocery-anchored retail centers.

COVID-19 has positively impacted the demand for retail spaces.

Building relationships is crucial in the real estate industry.

A finance background is essential for success in real estate.

Capital raising often starts with friends and family.

Future growth will focus on grocery-anchored neighborhood assets.

Mentorship plays a significant role in career development.

Hard work and long-term planning are key to success.

Personal fitness routines can help maintain mental health.

Paying it forward through mentorship is important.

Join Chris Papa and Lisa Flicker as they dive into the complexities of affordable housing in the San Francisco Bay Area with Yusef Freeman (The Vistria Group), Sam Moss (Mission Housing Development Corporation) Smitha Seshadri (BRIDGE Housing Corporation) and Heather M. Hood (Enterprise Community Partners). The conversation highlights the challenges, innovative solutions, and the importance of collaboration among various stakeholders. The discussion covers the current state of affordable housing, unique regional challenges, funding mechanisms, and the role of partnerships, particularly with faith-based organizations, in addressing housing needs. The panelists emphasize the necessity for systemic changes and the urgency of increasing housing supply to meet the growing demand.

Apple Podcasts: https://apple.co/3I3nkG9

Spotify: https://spoti.fi/35ZJGLT

Web: https://www.jacksonlucas.com/podcast/webinar-sf-affordable-housing

Chapters

00:00 Introduction to Affordable Housing Solutions

06:59 Current Trends in Affordable Housing

12:35 Challenges in Building Affordable Housing

20:41 Innovative Initiatives for Housing Supply

23:48 Types of Housing and Community Needs

29:05 Funding and Financing Strategies

35:00 Partnerships with Faith-Based Organizations

45:13 Future Prospects and Positive Developments

Takeaways

We need more funding for affordable housing.

The need is for over 180,000 affordable homes.

San Francisco has a unique housing challenge.

Prop 5 is critical for housing bonds.

We need to partner with faith-based organizations.

Navigating regulations is exhausting.

We need major changes in housing policy.

Affordable housing is a community necessity.

Funding is essential for housing projects.

We are excited about new housing developments.

The Impact Real Estate Podcast is now "Beyond the Resume"! On this episode, your co-hosts Chris Papa and Lisa Flicker talk with Anthony Scavo, the COO of Basis Industrial. Anthony discusses the evolution of the firm from self-storage to multi-tenant industrial assets. He shares insights on operational strategies, the importance of team culture, and recruitment challenges in the real estate sector. Anthony also outlines the company's growth plans and reflects on personal experiences in the industry, emphasizing the need for adaptability and strong management practices.

Apple Podcasts: https://apple.co/3I3nkG9

Spotify: https://spoti.fi/35ZJGLT

Web: https://www.jacksonlucas.com/podcast/anthony-scavo

Chapters

02:50 Management Company and Third-Party Lease

05:46 Capital and Competition in the Industrial Market

08:43 Choosing Multi-Tenant Light Industrial over Outdoor Storage

10:15 Regulation and Zoning in Real Estate

11:12 Managing and Upgrading Multi-Tenant Light Industrial Properties

14:15 Raising Rents to Market Value and Providing a Better Tenant Experience

15:49 Balancing Institutionalization and Nimbleness in Operations

19:36 Lessons Learned from Lefrak and Katz & Matias

22:18 Joining Basis Industrial and Transitioning from Self-Storage

24:07 Basis Industrial's Offices and Corporate Structure

25:26 Living in Florida and New York

26:08 Pace of Life in Florida and New York

28:03 Scaling a Business and the Need for Institutional Capital

29:04 Setting Up Systems for Institutional Capital

30:32 Generational Shifts and the Changing Landscape of Businesses

34:58 Building a Strong Company Culture in a Remote Work Environment

36:35 The Challenges of Recruiting for Property Management

Takeaways

Basis Industrial rebranded in 2021 to focus on multi-tenant industrial assets.

The firm manages over 3 million square feet across Florida and Texas.

Multi-tenant industrial spaces are seen as recession-proof due to their tenant diversity.

Effective management practices can significantly increase property value and tenant retention.

Recruiting and retaining good property managers is a significant challenge in the industry.

Building a strong team culture is essential for operational success.

The transition from self-storage to industrial assets was driven by market conditions and opportunities.

Scavo emphasizes the importance of personal connections in remote work environments.

Future growth plans include expanding to 15 million square feet in five years.

Scavo's background in real estate has shaped his approach to management and operations.

The Impact Real Estate Podcast is now "Beyond the Resume"! Join your co-hosts Chris Papa and Lisa Flicker as they talk with Sam Hales, the Founder & CEO of SG Communities. In this conversation, Sam discusses his journey into the mobile home park industry, highlighting the investment landscape, operational challenges, and the importance of community pride. He shares insights on attracting capital, the impact of NIMBYism on supply, and the resilience of manufactured housing during economic downturns. The discussion also touches on company growth, hiring strategies, and the significance of mentorship in personal and professional development.

Apple Podcasts: https://apple.co/3I3nkG9

Spotify: https://spoti.fi/35ZJGLT

Web: https://www.jacksonlucas.com/podcast/sam-hales

00:00 Introduction and Background

00:34 Advantages of Mobile Home Parks

06:34 Managing Mobile Home Parks and Amenities

08:59 Challenges with Squatters

12:15 NIMBYism and Limited Supply

15:16 Potential for Technological Advancements

23:43 Challenges of Accounting in Mobile Home Parks

25:31 Outsourcing Accounting to the Philippines

28:09 Creating a Positive Living Environment

28:55 The 'Bus Test' for Community Impact

30:39 Book Recommendation: Building an Elite Organization

34:39 The Influence of Mentors

The Impact Real Estate Podcast is now "Beyond the Resume"! Join your co-hosts Chris Papa and Lisa Flicker as they break down why they decided to relaunch the podcast and what you can expect from their show.