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Guest Bio:
Albert M. Berriz is Managing Member, Chief Executive Officer, Board Member and Co-Owner of McKinley, a real estate investment company that owns and operates a $4.6 billion dollar real estate portfolio. Berriz has extensive experience in the acquisition, financing, management, and redevelopment of real estate assets. He has been responsible for acquiring and managing assets in excess of $10.0 billion during his career.
Highlights of the Episode:
03:02 - Background about Albert’s Dad
06:32 - Work Ethic that Albert’s Dad taught him
07:21 - Importance of Education and Willingness to work hard
11:45 - Luxury Housing Business
14:17 - Maintaining Long Term Relationships with your Partner
18:02 - Focus on the Goal
21:01 - Lessons learned from mentor
22:24 - Today’s Generation of Entrepreneurs
25:52 - Leveraging Social Media
29:37 - Repositioning Strategy
34:08 - Supply and Demand Imbalance
37:36 - Different Experiences of the Guest - Year 1982, 1991 and 2008
41:17 - Best way to prepare for a recession - Capitalization
45:27 - Favorite Books
46:40 - Relationship with Comfort and Discomfort
Notable quotes from the Episode:
“Providing people homes is an absolute thrill.” - Albert Berriz
“Commitment is a cornerstone of an immigrant refugee mindset. You’re not done until you’re done and you got to do your job.” - Albert Berris
“A business partner is not any different than a wife.” - Albert Berriz
Connecting with the Guest
Website: https://www.mckinley.com/
Facebook: https://www.facebook.com/MckinleyCompaniesLLC
LinkedIn: https://www.linkedin.com/company/mckinley/ |