Commercial Real Estate Finance

Posts Tagged ‘senior housing’

Most real estate professionals operate in a particular asset class because it is the one they know best.  Whether they happen to have been exposed to it first, or cut their teeth on it through experience, it seems to hold true.  But lets be objective here for a moment.  After having suffered what seems to be the worst of the economic downturn, and its subsequent impact on all types of commercial real estate, we sit in a very unique spot in terms of being able to assess which asset class is the most recession proof.  Let’s take a look at a few of the top candidates: Read the rest of this entry »

Leo Addimando
Managing Partner & Founder
806 Capital, LLC

Leo Addimando is the Managing Partner and founder of 806 Capital, LLC, and has over 12 years of entrepreneurial and professional experience across multiple industries. Since founding of 806 in 2003, Leo has been focused on real estate investment, development and management. Prior to pursuing a full-time career in real estate, Leo was an early employee of Orbitz.com, serving the company for three years in numerous business and corporate development capacities. Leo’s largest accomplishment while at Orbitz was spearheading the development and implementation of a hotel platform and business that served as one of the key profitability drivers that allowed Orbitz to complete a successful IPO. Before working at Orbitz, Leo worked as an Associate for the Boston Consulting Group and also helped to found and grow a digital media company named Signcast. Leo attended the University of Michigan and graduated Phi Beta Kappa with highest distinction, earning a B.A in both Economics and Political Science. Subsequently, Leo attended the Harvard Business School and earned an MBA. Leo is a native of, and is based in Philadelphia, PA where he lives in Center City with his wife and son.

Q: As a company, tell me about the niche you have carved out for yourself and how you feel you are different from the competition. Why do you find this product type more appealing than alternative real estate asset classes?

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BlackSwan interview with Dave Jacobs from cj follini on Vimeo.

The Week of May 30-June 5

-  A new report emerged showing banks’ troubled CRE assets have doubled.

- Word from the NAREIT conference this week is that REIT’s are better positioned for the recovery.

- Countrywide’s ex-Chairman was charged by the SEC with fraud.

- What will be the nationwide commercial real estate impact for car dealership sites affected by GM filing for bankruptcy?

- Real Estate Lender Capmark successfully reorganized its financing to stay afloat.
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