The Future of LA Real Estate with Sandy Albert

17/12/2024 52 min

Listen "The Future of LA Real Estate with Sandy Albert"

Episode Synopsis

Discover the incredible journey of Sandy Albert, a filmmaker-turned-commercial real estate developer, as he joins Taylor Avakian in this insightful podcast episode. Sandy shares how his upbringing in Los Angeles, love for urban environments, and parallels between filmmaking and real estate inspired his pivot into development. Learn about CityPads’ innovative projects in Los Angeles and Chicago, their unique approach to creating affordable, walkable communities, and strategies for navigating the complexities of commercial real estate in Southern California and beyond.
📍 Key Topics Covered:

Sandy’s path from filmmaking to real estate

The impact of Los Angeles architecture and urban fabric

CityPads’ projects: 700+ units across LA and Chicago

Smart density and affordable housing strategies

Challenges and opportunities in commercial real estate


👉 Don’t miss this deep dive into real estate development, creative problem-solving, and city-building!
If you're interested in real estate investing or simply enjoy hearing how successful investors manage their day-to-day schedules, this episode is packed with both inspiration and knowledge.

[00:07:50] Sandy's Journey: From Filmmaking to Real Estate
[00:11:46] Introduction to CityPads Projects
[00:12:14] Overview of Active Projects
[00:14:21] LA and Chicago Real Estate Focus
[00:16:59] Real Estate Development – Construction and Cost Strategies
[00:18:23] Developing Real Estate Projects for Affordability and Lifestyle
[00:20:19] Keeping Costs Low and Smart Design
[00:28:51] The Future of LA Real Estate: Walkability and Public Transit
[00:23:03] Parking and Urban Development
[00:26:32] LA Housing Market and Rent Pricing
[00:27:42] Personal Branding and Real Estate Marketing
[00:33:14] Regulatory Challenges and Competitive Advantage in California
[00:35:25] Construction Costs and Yield on Development Projects
[00:37:14] Challenges of Developing in High-Cost Markets
[00:38:14] Capital Markets and Investor Demands
[00:39:14] Technology Integration in Real Estate Development
[00:43:11] Fundraising Challenges for Real Estate Development
[00:46:09] The Process of Raising Capital
[00:48:57] The Role of Social Media in Fundraising
[00:52:37] Prospecting vs. Content Creation
[00:53:32] The Future of Brokerage

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