Industrial actual property is usually a household enterprise, and a few family-run companies have unusual origin tales. Take BEB Capital. Headquartered in Port Washington, New York, a suburb on Lengthy Island, the corporate displays the entrepreneurial vitality of the Brodsky household, led by its patriarch, Bert Brodsky.
A long time of success within the well being care and know-how industries advanced right into a lateral transfer into business actual property funding. In a comparatively quick interval, BEB Capital has emerged as a nimble industrial and workplace investor on the East Coast, and, most just lately, has expanded into actual property finance.
On this episode, you’ll meet BEB Capital’s founding CEO, Lee Brodsky. He presents his tackle the subsequent wave of commercial alternative, what’s driving demand, and the advantages of getting funding and finance capability underneath a single roof.
And he nonetheless calls himself a giant fan of workplace. Most likely not too stunning—earlier than he took on his present CEO duties, he had a long term as a prime New York Metropolis workplace leasing dealer. You’ll hear how that have informs his method to main a diversified funding and finance store.
Episode highlights:
Beginning of an funding enterprise (1:53)
New industrial alternatives, methods and new niches (3:23)
Scouting the subsequent hotspots (6:28)
Elements which can be shaping demand(7:46)
Why he’s nonetheless “a giant fan of workplace” (9:46)
Personal lender views: considering like an proprietor (11:59)
Classes of a leasing dealer (15:06)
“Obsessive about communication” and being proactive (19:19)
Advancing a legacy of philanthropy (22:30)
CEO off the clock: household issues (25:09)
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