Episode 14: Owner’s Representative Interview with Rick Pena

15/09/2025 30 min Temporada 1 Episodio 14
Episode 14: Owner’s Representative Interview with Rick Pena

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Episode Synopsis

Building an ultra-luxury custom home often rivals the complexity of managing a commercial high-rise. Behind every dream estate in South Florida is a demanding process that requires expertise, foresight, and a dedicated advocate to safeguard the owner’s vision. In this episode, host Rick Bell sits down with Rick Peña—founding principal of Prime Group Management and a seasoned owner’s representative with over 25 years of experience and a portfolio surpassing $1 billion.Together, they explore the indispensable role of an Owner’s Rep in guiding complex projects from start to finish. 👉 If you’re planning your first luxury custom home—or simply want to understand what it takes—subscribe and share this episode with someone embarking on their dream build. Highlights & Takeaways • How to choose the right Owner’s Rep—and what traps to avoid • Why today’s luxury estates are managed like large commercial projects • The hidden challenges that can derail timelines (like windows, doors, or overseas shipments) • How early planning and data-driven cost control save millions • What makes trust, reputation, and repeat clients the true measure of success • Why aligning architects and builders with the homeowner’s goals prevents costly redesigns and delays • How selectivity in projects leads to higher service, stronger focus, and exceptional results Connect with Rick Pena's TeamPrime Group Management, LLC: https://www.primegroupmanagement.comGlossary of TermsOwner’s Representative (Owner’s Rep): A consultant who represents the homeowner’s interests during the planning and construction process, coordinating with architects, contractors, and consultants.OAC Meeting: Regular project meetings between the Owner, Architect, and ContractorChange Order (CO): A formal amendment to the construction contract to account for changes in scope, cost, or time.Submittals & RFIs: Documentation and requests used by contractors to confirm materials, details, or resolve uncertainties.Design to Budget: A process ensuring design decisions align with the owner’s financial parameters from the start. Listen & Subscribe 🎧 Spotify: https://open.spotify.com/show/4LzDQNSaAk15tm1rM8J6eo 🍎 Apple Podcasts: https://podcasts.apple.com/us/podcast/the-insiders-guide-to-custom-homes/id1815798115 ▶️ YouTube: https://www.youtube.com/@TIGTCH 🌐 Website: https://tigtch.com Connect with Us Instagram: https://www.instagram.com/tigtchpodcast Facebook: https://www.facebook.com/TIGTCHPODCAST LinkedIn: https://www.linkedin.com/company/the-insiders-guide-to-custom-homes Resources & Links Landmark Custom Homes: https://www.landmarkcustomhomes.com Instagram: https://www.instagram.com/homesbylandmark LinkedIn: https://www.linkedin.com/in/rick-bell-lch Email Rick: [email protected]...

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