23 min
Vince Provenzano: Commercial Real Estate "Financial Value-Add" Strategies TCN Worldwide Market Minutes Podcast
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- Inversiones
In this episode, we talk with Vince Provenzano, President of Brokerage at San Diego-based Pacific Coast Commercial. Vince shares his expertise that spans over 40 years in San Diego real estate to discuss the commercial real estate market in Southern California as well as the details of two interesting transactions his firm recently completed, delivering significant "financial value-add" to their clients. From starting in construction and participating in the market for a short period of time as a residential agent to building one of the most prominent commercial real estate firms in San Diego, Vince Provenzano shares the story of his career and the philosophies that have made him and his firm a success.
Key Discussion Points
[00:17] Welcome and introduction by Eric Odum
[00:33] About our guest: Vince Provenzano
[01:19] How did you get into this business and how did you arrive at the position you're in now?
[03:12] Although you're based in San Diego, CA, what is your geographic area of outreach?
[03:41] How long have you been with TCN?
[04:50] Tell us how you operate with a focus geographically vs by a particular asset class
[07:38] Tell us about the deal on Twin Oaks Valley road, which highlights what you do well
[09:56] Talk to us about the Camino Real property deal
[11:25] Tell us about your "financial value-add" on those properties and how that translates into increased rents
[14:08] Do you ever see properties (managed by non-institutional owners) whose CAMs are not being properly calculated?
[18:04] What's going on in the San Diego market?
[20:25] What are bankers saying about what's going on in their financial institutions?
[21:20] How can folks get in contact with you?
In this episode, we talk with Vince Provenzano, President of Brokerage at San Diego-based Pacific Coast Commercial. Vince shares his expertise that spans over 40 years in San Diego real estate to discuss the commercial real estate market in Southern California as well as the details of two interesting transactions his firm recently completed, delivering significant "financial value-add" to their clients. From starting in construction and participating in the market for a short period of time as a residential agent to building one of the most prominent commercial real estate firms in San Diego, Vince Provenzano shares the story of his career and the philosophies that have made him and his firm a success.
Key Discussion Points
[00:17] Welcome and introduction by Eric Odum
[00:33] About our guest: Vince Provenzano
[01:19] How did you get into this business and how did you arrive at the position you're in now?
[03:12] Although you're based in San Diego, CA, what is your geographic area of outreach?
[03:41] How long have you been with TCN?
[04:50] Tell us how you operate with a focus geographically vs by a particular asset class
[07:38] Tell us about the deal on Twin Oaks Valley road, which highlights what you do well
[09:56] Talk to us about the Camino Real property deal
[11:25] Tell us about your "financial value-add" on those properties and how that translates into increased rents
[14:08] Do you ever see properties (managed by non-institutional owners) whose CAMs are not being properly calculated?
[18:04] What's going on in the San Diego market?
[20:25] What are bankers saying about what's going on in their financial institutions?
[21:20] How can folks get in contact with you?
23 min