The CRE Deal Room returns with a legendary voice in commercial real estate. Host Adam Dunn sits down with Luis Belmonte, founder of Seven Hills Properties and one of the most seasoned industrial developers in the U.S., for an unfiltered conversation spanning over six decades in CRE.
From house hacking in San Francisco in the ’60s to overseeing $4B/year in development for Prologis and building across the globe - from Japan to Mexico - Luis shares the mistakes, wins, and wisdom gained through recessions, tax reform, bankruptcies, and booms.
Belmonte discusses the evolution of industrial real estate, the dangers of chasing “masterpiece” projects, navigating cross-border development, the future of AI-driven data centers, and why integrity and preparation always outperform flash and ego.
Whether you’re a rising CRE professional or a seasoned investor, this masterclass in resilience and real estate strategy will challenge your assumptions and sharpen your perspective.
Highlights:
- How Luis turned a duplex into a real estate empire after Vietnam
- The 1986 tax law’s impact and how it reshaped CRE forever
- What he learned managing bankruptcies, including Webvan and 24 Hour Fitness
- Partnering for global expansion - strategies that worked in Mexico, Japan & Singapore
- The rise of data centers and the power challenges shaping CRE’s future
- Why “recession-proofing” your deals is the most important strategy
- Street-smart negotiation and the art of trading dignity for dollars
- The most complex deal of his career: transforming Pier 1 in San Francisco
- A call for professionalism, integrity, and inclusivity in real estate
Explore Luis's books on Amazon: Street Dog MBA, Street Dog Negotiator, Street Dog Manager, and Real Estate 101
“You’ve gotta assume there's going to be a recession - and structure your business to survive and thrive in it.” – Luis Belmonte
Don't miss this conversation with a CRE icon who’s seen it all, built it all, and still believes in the deal.
Subscribe to The CRE Deal Room and share this episode with your network!