Distressed to Success: Conversations with Community Transformation Leaders

Brian Seidensticker

Distressed to Success is a podcast that discovers how savvy investors and entrepreneurs are profitably transforming underserved communities through strategic investment and innovative business models. Host Brian Seidensticker, Co-Founder of Last Best Partners, interviews local developers, business leaders, entrepreneurs, and investment professionals who have successfully brought private capital into distressed areas while generating sustainable returns. From Low Income Housing Tax Credits to creative financing solutions, each episode uncovers actionable strategies for identifying investment opportunities that deliver both financial returns and meaningful community revitalization. Learn from leaders who have transformed cities like Detroit, Cleveland, and Memphis through profitable ventures that create lasting community improvement. Whether you're a high-net-worth investor, local developer, or community development professional, discover how to turn distressed assets into thriving neighborhoods while building sustainable businesses that benefit both your portfolio and your community.

  1. From Accidental Entrepreneur to Land Development Expert: Brandon Cobb of HBG Capital

    May 27

    From Accidental Entrepreneur to Land Development Expert: Brandon Cobb of HBG Capital

    In this episode of Distressed to Success, Brian speaks with Brandon Cobb, founder of the Land Development Accelerator and HBG Capital. Brandon opens up about his “accidental entrepreneur” journey, from medical device sales to flipping and wholesaling houses, and ultimately discovering the massive value in land entitlement and development. He shares how being unexpectedly laid off taught him that no one will safeguard your financial future better than yourself, which led him through a series of trial-and-error ventures before landing on real estate. Over a decade, Brandon went from losing $40,000 on a new-construction flip to closing 187 transactions and partnering with national builders who ultimately helped him scale into large-lot communities. Next, Brandon walks us through the three phases of land development: entitlement (turning raw land into approved housing communities), horizontal development (installing roads, utilities, stormwater systems), and vertical construction (selling lots to builders). He explains why securing an end-buyer first and structuring deals so you don’t close on land until approvals are in hand is critical, and points out common pitfalls, like over-densifying a site or designing without a target product in mind, that can cost hundreds of thousands. Through his Land Development Accelerator mastermind, Brandon and his team coach new developers on everything from securing preliminary plat approvals to raising private capital for entitlement work without tying up all their cash. Finally, we dive into HBG Capital, Brandon’s boutique investment firm that has raised over $15 million in equity to acquire, entitle, and develop land for major homebuilders. He outlines how accredited investors can join their waitlist at hbgcapital.net/waitlist for a hands-off play in this niche real-estate strategy. Before signing off, Brandon shares his two favorite books, The Surrender Experiment and The Untethered Soul by Michael Singer, and a heads-up about the emerging “Cloudbot” AI tool that’s poised to redefine how we automate online tasks. Whether you’re looking to embark on your first land-entitlement project or seeking passive, high-return real estate investments, this episode is packed with practical advice and resources to get you started. Timestamps 1. Brandon’s entrepreneurial journey from medical device sales to real estate investor – 01:12 2. Early real estate mistakes and scaling into land development – 04:04 3. Creation of the Land Development Accelerator and value of mastermind communities – 06:48 4. Common pitfalls in land development (lot design, density, buying before approvals) – 09:53 5. Breakdown of the three phases of land entitlement and development – 14:50 Connect with Brandon! LinkedIn: https://www.linkedin.com/in/hbgcapital/ Website: https://www.hbgcapital.net/ Book The Surrender Experiment: https://www.amazon.com/Surrender-Experiment-Journey-Lifes-Perfection/dp/080414110X Book The Untethered Soul: https://www.amazon.com/Untethered-Soul-Journey-Beyond-Yourself/dp/1572245379 Get in touch with Brian! Last Best Partners' Website: https://www.lastbestpartners.com/ Brian's LinkedIn: https://www.linkedin.com/in/brian-seidensticker-90117021 Podcast LinkedIn Page: https://www.linkedin.com/company/distressed-to-success-podcast Subscribe to follow the show! Chapters (00:00:00) - Never Take Life Advice From a 27 Year Old(00:00:43) - Distress to Success: Land Development(00:01:26) - Becoming an Entrepreneur: The Journey of Real Estate(00:06:16) - In the Elevator With Real Estate Stars: Starting at 27(00:07:14) - Building a Land Development Accelerator(00:09:48) - Looking Back at My Land Development Journey(00:15:10) - What is Land Entitlement Process?(00:21:35) - Preliminary Plot Approval and Civil Designs(00:25:53) - HBG Capital's Land Development Accelerator(00:28:18) - How to Crave Out Advice(00:32:11) - Michael Singers' The Surrender Experiment and The Untethered(00:34:13) - A Word of Advice For The Cloudbot(00:37:33) - Land Development(00:39:07) - Brandon on the CPA Process

    40 min
  2. How to Build Wealth With Multifamily Investments with Aaron Fragnito from People’s Capital Group

    May 13

    How to Build Wealth With Multifamily Investments with Aaron Fragnito from People’s Capital Group

    In this episode of Distressed to Success, Brian speaks with Aaron Fragnito, co-founder of People’s Capital Group.  Aaron takes us back to 2009, fresh out of Rowan University, into the worst job market of a generation, and explains how a ski-instructor stint in Colorado, a copy of Rich Dad Poor Dad, and a real estate license in New Jersey set him on a path from cleaning rental cars to closing his first six-family deal in Newark.  Over the past 13 years, Aaron and his partner Seth Martinez have completed more than 280 transactions, raised capital from 113 private investors (with an 83% reinvestment rate), and built an in-house property management arm, all while helping transform blighted neighborhoods in North Jersey. Brian and Aaron then dig into the “secret sauce” behind People’s Capital Group’s success: forging deep, off-market relationships with lenders, receivership firms, and brokers to uncover distressed and under-the-radar Class A properties at steep discounts to replacement cost.  Aaron lays out the buy-renovate-refinance-repeat model he first discovered on that Newark project, explains why most of the upside still lives in Class C-to-B repositioning, and shows how today’s market offers rare Class A opportunities when you know whom to call and when to whisper. He also shares the nuts-and-bolts of attending local summits, following up in person, and proving you can close, because nothing cements your reputation faster than putting money in someone’s pocket. To wrap up, Aaron offers actionable advice for every real estate entrepreneur: pick one market and one asset class, stay the course, resist shiny-object syndrome, and lean on coaches or mentors to shorten your learning curve.  He recalls the early pivots, from short sales to fix-and-flips to syndications, and how each taught him the importance of infrastructure, focus, and relationships. Whether you’re just getting started or looking to scale up, this conversation delivers proven strategies for turning distressed assets into profitable, community-uplifting investments. Timestamps Aaron Fragnito’s Real Estate Journey & Early Beginnings – 01:06  Launching People’s Capital Group & Buy-Renovate-Refinance Model – 03:11  Specializing in Class C→B Repositioning & Emerging Class A Opportunities – 05:05  Secret Sauce: Off-Market Deals via Broker & Lender Relationships – 08:11  Advice for New Investors: Networking, Consistency & Mentorship – 10:16 Get in Touch with Aaron! Website: https://www.peoplescapitalgroup.com/ LinkedIn:https://www.linkedin.com/in/aaron-fragnito-620b93173/ Book a call: https://calendly.com/peoplescapitalgroup/linkedin Rich Dad Poor Dad: https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680194 Get in touch with Brian!  Last Best Partners' Website: https://www.lastbestpartners.com/ Brian's LinkedIn: https://www.linkedin.com/in/brian-seidensticker-90117021 Podcast LinkedIn Page: https://www.linkedin.com/company/distressed-to-success-podcast Subscribe to follow the show! Chapters (00:00:00) - Flipping distressed real estate(00:00:50) - Distress to Success(00:01:30) - How Rich Dad Became Real Estate Investor(00:05:28) - Is Class A Real Estate The Promised Land?(00:08:16) - Part of the Secret Sauce of Syndication(00:10:45) - How to Make Connections in the Real Estate Industry(00:13:27) - Aaron Fragnito on Flipping At 25(00:19:49) - Aura Ring

    25 min
  3. Henry Yoshida from Retired.com Explains How to Invest Your IRA Beyond Stocks and Bonds

    Apr 29

    Henry Yoshida from Retired.com Explains How to Invest Your IRA Beyond Stocks and Bonds

    In this episode of Distressed to Success, Brian speaks with Henry Yoshida, CEO and co-founder of Rocket Dollar and Digital Trust. They kick off by breaking down how self-directed IRAs work, rolling over old 401(k) or IRA funds to unlock private and alternative investments like real estate, small businesses or opportunity-zone projects and why the standard retirement custodians don’t offer that flexibility.  Henry explains the nuts and bolts of Rocket Dollar’s platform paired with Digital Trust’s custody services, and how this combo lets everyday investors deploy capital into communities they care about while preserving their tax benefits.  Brian and Henry then trace his journey from a decade at Merrill Lynch, through launching a mid-market 401(k) consulting practice, founding Honest Dollar (later sold to Goldman Sachs), to the 2018 birth of Rocket Dollar and its eventual merger with Digital Trust. Along the way they share inspiring stories, such as a Harvard Business School alum who funded rental housing back in her hometown of San Antonio, and a circle of friends who saved their favorite college bar from closure, all by redirecting their retirement savings.  These real-world examples underscore how tapping just a fraction of the $46 trillion in U.S. retirement assets can fuel local revitalization. Wrapping up, Henry offers a few nuggets of wisdom, “you succeed by your systems, not by lofty expectations,” and even reveals his favorite kitchen gadget, the Ninja Creami, for guilt-free protein “ice cream.”  If you’re curious how a self-directed IRA could power your next community investment, visit rocketdollar.com for a no-pressure chat with their U.S.-based team. Timestamps 1. Overview of Rocket Dollar & Digital Trust platform – 01:20 2. How to roll over old 401(k)s into a self-directed IRA (and find forgotten plans) – 02:48 3. Henry’s entrepreneurial journey: Merrill Lynch → consulting shop → Honest Dollar → Rocket Dollar – 04:39 4. Real-world examples of using self-directed IRAs for community real estate & small businesses – 11:18 5. Key success insight: “You fail to the level of your systems” + life-balance advice – 21:57 Get in touch with Henry Website: https://bit.ly/4atczNJ LinkedIn: https://www.linkedin.com/in/ppoteet/ Instagram: https://www.instagram.com/fitfinancehenry/ Phone Number: 1-855-ROCKET-D or 1-855-762-5383 Get in touch with Brian Last Best Partners' Website: https://www.lastbestpartners.com/ Brian's LinkedIn: https://www.linkedin.com/in/brian-seidensticker-90117021 Podcast LinkedIn Page: https://www.linkedin.com/company/distressed-to-success-podcast Book Crucial Conversations: https://www.amazon.com/Crucial-Conversations-Talking-Stakes-Second/dp/0071771328 Subscribe to follow the show!

    31 min
  4. Discovering Hidden Multifamily Gems with Paul Poteet of Surge Investment Group

    Apr 15

    Discovering Hidden Multifamily Gems with Paul Poteet of Surge Investment Group

    In this episode of Distressed to Success, Brian speaks with Paul Poteet, founder of Surge Capital Group. Brian and Paul trace Paul’s journey from a business-management major fresh out of college to becoming a multifamily developer carving out a unique niche in tertiary markets.  Rather than chasing high-profile zip codes, Paul explains his “zoning-first” strategy, targeting commercial zones that allow multifamily by right, snapping up overlooked parcels in places like Ogden, Utah, and secondary metros across the South, and then taking projects from land acquisition through entitlement, construction, lease-up, and sale over a 1–3-year cycle.  Along the way, Paul shares hard-earned lessons on growth and efficiency: how doing fewer, high-quality deals and preserving cash reserves can safeguard a young business; why the mantra “hire slow, fire fast” is vital; and how standardizing building designs has become Surge Capital Group’s secret sauce for maximizing profits. He also opens up about personal growth, shifting his focus from purely financial goals to family, relationships, and the power of visualizing success before it happens.  Timestamps Guest Background & Career Path – 01:11  Surge Investment Group’s Full-Cycle Multifamily Model (Land Sourcing to Sale) – 03:37  Zoning-Based Approach & Ogden, Utah Case Study – 07:11  Criteria for Selecting Secondary Markets (Zoning + Growth) – 10:23  Key Lessons Learned (Challenges & Success Nuggets) – 14:36 Get in touch with Paul Website: http://surgeredev.com LinkedIn: https://www.linkedin.com/in/ppoteet/ Contact info: Paul@surgeredev.com Get in touch with Brian Last Best Partners' Website: https://www.lastbestpartners.com/ Brian's LinkedIn: https://www.linkedin.com/in/brian-seidensticker-90117021 Podcast LinkedIn Page: https://www.linkedin.com/company/distressed-to-success-podcast Book Crucial Conversations: https://www.amazon.com/Crucial-Conversations-Talking-Stakes-Second/dp/0071771328 Subscribe to follow the show!

    30 min
  5. Jill Ferrari of Schenk & Bruetsch: Building Equity, Inclusion & Sustainability

    Apr 1

    Jill Ferrari of Schenk & Bruetsch: Building Equity, Inclusion & Sustainability

    In this episode of Distressed to Success, Brian speaks with Jill Ferrari, partner at Schenken Bruch and co-founder of Renovare Development. With more than three decades in the brownfield redevelopment industry, Jill walks us through her unusual journey, from environmental health consultant to real estate dealmaker, authoring creative financing solutions, and teaching real estate fundamentals at the University of Michigan Taubman College of Architecture and Engineering. Along the way, she co-founded a Detroit nonprofit that supports emerging female developers and even launched a new podcast called Breaking Ceilings, Breaking Ground to spotlight women in commercial real estate from Vancouver to Mexico City. Brian and Jill dive deep into the nuts and bolts of revitalizing contaminated or underutilized properties, describing how Michigan’s progressive toolbox of tax-increment financing, tax abatements, state and federal grants, Brownfield Redevelopment Authorities, EGLE programs, and EPA site-assessment funds can make seemingly impossible projects viable. Jill illustrates the process with vivid case studies, from the haunted tunnels and asbestos-laden soils of the Northville Psychiatric Hospital site turned thriving medical and retail campus to a 40-year-vacant infill parcel in Ypsilanti transformed into income-qualified housing. She also shares her hands-on approach to scouting opportunity sites, forging local partnerships, navigating public perception, and tailoring the financing stack so every project “pencils.” Alongside these technical insights, Jill offers candid career advice, reminding listeners to brace for the “euphoria of success and the gut-wrenching lows” that define a real estate entrepreneur’s path, and to embrace failures as part of the ride. She closes with a personal “carve-out” inspired by her love for the cult sci-fi series Firefly, reflecting on how passionate, engaged communities, whether built around a TV show or a revitalized neighborhood, are at the heart of every transformative project. Timestamps 1. Jill Ferrari’s career journey and current roles – 00:59 2. Launching the Breaking Ceilings, Breaking Ground podcast – 02:55 3. Brownfield redevelopment overview and key challenges – 08:18 4. Major incentives and financial tools for Brownfield projects – 11:30 5. Advice on navigating the highs and lows of real‐estate development – 35:17 Connect with Jill! - LinkedIn: https://www.linkedin.com/in/jill-ferrari-6729891/ - Website: https://www.sbdetroit.com/ Get in touch with Brian! - Last Best Partners' Website: https://www.lastbestpartners.com/ - Brian's LinkedIn: https://www.linkedin.com/in/brian-seidensticker-90117021 - Podcast LinkedIn Page: https://www.linkedin.com/company/distressed-to-success-podcast - Book 10x Is Easier Than 2x – Dan Sullivan & Dr. Benjamin Hardy: https://www.amazon.com/10x-Easier-Than-World-- Class-Entrepreneurs/dp/140196995X Subscribe to follow the show! Chapters (00:00:00) - Brownfield Redevelopment(00:00:36) - Distress to Success: Jill Ferrari(00:03:13) - Breed to Success: Women in Development(00:05:52) - How Did You Turn From An Asbestos Detox to Brownfield(00:11:41) - Michigan's progressive economic tools for brownfield redevelopment(00:16:20) - How to Get a Brownfield Development(00:19:14) - How do you find brownfield like sites for development?(00:27:04) - Looking beyond Michigan for redevelopment ideas(00:28:10) - Urban Land Institute: Deploying the Housing Model(00:29:44) - Brownfield redevelopment: A challenge(00:33:26) - Is It Possible to Work with a First-Time Developer on a(00:34:15) - If You Could Talk To Your Younger Self...(00:36:28) - Carve Outs(00:38:45) - The Lost City of Firefly

    42 min
  6. Reviving Small Towns with Jordan Blanchard, Co-founder of X-Caliber Rural Capital

    Mar 18

    Reviving Small Towns with Jordan Blanchard, Co-founder of X-Caliber Rural Capital

    In this episode of Distressed to Success, Brian speaks with Jordan Blanchard, co-founder of Excalibur Rural Capital. Jordan, a 35-year banking veteran who spent the last decade focused on USDA Rural Development lending, walks us through how his firm partners with rural commercial developers and municipalities to bring affordable, long-term financing to communities of 50,000 people or fewer.  We learn how the USDA’s one-RD loan programs work, from the online mapping tool that determines eligibility, to collateral requirements and loan advance rates, and why ground-up construction and public infrastructure projects, like water tanks and fire trucks, often benefit most from these flexible, fully amortizing structures.  Brian and Jordan highlight real-world case studies, a metals recycling facility in Texas, a sand logistics hub in South Dakota, hotels and rural hospitals, even a horse-feed manufacturer in Florida, showing how Excalibur Rural Capital blends USDA guarantees with PACE loans, New Markets Tax Credits or HUD take-outs to fill financing gaps.  With terms up to 30 years for for-profit ventures (40 years for municipalities) and spreads near 250-350 basis points over U.S. Treasuries, these deals illustrate a powerful tool for community revitalization. Jordan also shares how Excalibur’s sister affiliates handle multifamily and other “government-adjacent” funding programs, creating one-stop capital solutions for developers.  Before signing off, Jordan offers candid advice he wishes he’d followed earlier: get up before dawn, build a solid workout routine, and embrace collaboration over competition, even with peers. His story underscores that it’s never too late to become an entrepreneur, especially when your mission is to transform distressed areas into thriving, sustainable communities. Timestamps Jordan’s background in government‐guaranteed lending and introduction to USDA 1RD programs – 01:06  Formation of Excalibur Rural Capital and partnership with Excalibur Capital – 02:07  USDA 1RD eligibility criteria and defining “rural” census tracts – 04:27  Types of projects financed (tourism developments, municipal infrastructure, fire districts, etc.) – 06:42  Loan terms, rates, and structure of USDA 1RD financing (amortization, interest rates, fees) – 11:26 Get in Touch with Jordan! LinkedIn: https://www.linkedin.com/in/x-caliberruralcapital/ Website: xrcusda.com Company’s LinkedIn: https://www.linkedin.com/company/x-caliber-rural-capital/ Get in touch with Brian!  Last Best Partners' Website: https://www.lastbestpartners.com/ Brian's LinkedIn: https://www.linkedin.com/in/brian-seidensticker-90117021 Podcast LinkedIn Page: https://www.linkedin.com/company/distressed-to-success-podcast Subscribe to follow the show! Books Mentioned:  Building a Second Brain: https://www.buildingasecondbrain.com/book The Almanack of Naval Ravikant: https://www.amazon.com/Almanack-Naval-Ravikant-Wealth-Happiness/dp/1544514212 The Four Agreements: https://www.amazon.com/Four-Agreements-Practical-Personal-Freedom/dp/1878424319

    24 min
  7. TIF Financing Demystified with Scott Lurie and F Street: Affordable Market-Rate Wins

    Mar 4

    TIF Financing Demystified with Scott Lurie and F Street: Affordable Market-Rate Wins

    In this episode of Distressed to Success, Brian speaks with Scott Lurie, owner and founder of F Street.  Scott walks us through his 20-plus-year real estate journey, from flipping and wholesaling homes as the first Wisconsin franchisee of Wee Buy Ugly Houses to launching F Street’s three verticals today: a national multifamily and industrial syndication network, ground-up Class A developments in southeastern Wisconsin, and the Evergreen Fund, a $130 million private credit vehicle that fuels their hard-money lending arm, The Hard Money Co.  Brian and Scott then unpack some of F Street’s most innovative acquisition plays, including buying distressed apartment portfolios out of bankruptcy. Scott explains how the court-appointed receiver process creates a firm timeline, why zero-contingency, cash-ready offers close in just 90 days, and how value-add renovations revive hundreds of units in blighted buildings.  They also explore how Tax Increment Financing (TIF) bridges the gap between construction costs and achievable market rents, turning projects that wouldn’t pencil into attractive, community-supporting housing. Finally, Scott shares how The Hard Money Co. partners with active borrowers, requiring just 10 percent down, funding 100 percent of repairs, and closing in ten days, and how F Street’s Evergreen Fund has paid investors a simple, unwavering 10 percent annual return for 17 years.  He closes with a reminder that above all, integrity and follow-through are the cornerstones of success in real estate and in life. Timestamps Scott Lurie’s background & F Street’s three real estate verticals – 01:1  Commercial/industrial & multifamily value‐add strategies – 03:18  Acquiring distressed properties through bankruptcy court – 05:00 Leveraging TIF financing for market‐rate multifamily developments – 19:46 F Street’s Evergreen Fund hard-money lending & investor offerings – 32:20 Book Mentioned The Coddling of the American Mind Get in touch with Scott Website: https://fstreet.com/ Website: https://thehardmoneyco.com/ Scott’s LinkedIn: https://www.linkedin.com/in/scottjlurie/ Email: scott@fstreet.com Get in touch with Brian Last Best Partners' Website: https://www.lastbestpartners.com/ Brian's LinkedIn: https://www.linkedin.com/in/brian-seidensticker-90117021 Podcast LinkedIn Page: https://www.linkedin.com/company/distressed-to-success-podcast Subscribe to follow the show! Chapters (00:00:00) - Why Real Estate Investors Are Never Successful(00:00:42) - Distress to Success: Scott Lurie(00:01:33) - Scott F Street(00:03:30) - Realtor Spotlight: Three Different Verticals,(00:05:06) - Real Estate: Buying Out of Bankruptcy(00:10:09) - Buyer of a Bankrupt Asset in California(00:12:24) - Private Equity on The Multifamily Acquisition(00:18:00) - Real Estate Value Added: The Situations(00:19:13) - TIFF Financing(00:28:13) - TIFF vs Single Family Rentals: The Connection(00:32:25) - Real Estate Lending: Hard Money versus Investment(00:36:51) - Are We Ready to Close on a Loan With a 300-Day(00:38:32) - Discipline on the Investor Side(00:42:59) - Private Equity Companies: General Sales, Not Applicable Under C-(00:44:13) - Talking Compounding at Roth IRA(00:45:24) - Coddling of the American Mind(00:47:25) - Scott F Street

    50 min
  8. Prince Concepts’ Philip Kafka on Turning Undervalued Land into Thriving Communities

    Feb 18

    Prince Concepts’ Philip Kafka on Turning Undervalued Land into Thriving Communities

    In this episode of Distressed to Success, Brian speaks with Philip Kafka, president of Prince Concepts. Kafka takes us from his early days studying philosophy in Chicago and launching a billboard business in New York to discovering a greater calling in Detroit’s Core City.  He explains how he stopped viewing real estate as a mere asset and instead treats every building as a product to be improved, marketed, and loved. By deploying the money he saved on dirt into architecture, landscaping, and public parks, Philip has reshaped long-ignored blocks into a vibrant, walkable neighborhood where residents and business owners alike feel lucky to be.  Brian and Philip dive deep into the firm’s signature projects, from award-winning brick storefront renovations and restaurants to a groundbreaking duplex community designed with Edwin Chan. These 24 units are sold as “brown boxes,” giving owner-occupants the freedom to finish high-design spaces to their taste while collecting rent from the second unit.  Kafka lays out how accessible architecture, delivered at price points within reach of teachers, city workers, and entrepreneurs, can drive both social impact and profit. Listeners will come away with fresh strategies for using product-first thinking, generous land use, and adaptive reuse to turn distressed blocks into sustainable, profitable places people can’t wait to call home. Timestamps Product-First Mindset in Real Estate – 0:00  From Philosophy Student to Billboard Entrepreneur – 1:44  Detroit Strategy: Leveraging Undervalued Land & Reinvesting Savings – 6:29  Brown-Box Duplex Model for Accessible Architecture – 16:14  Adaptive Reuse & Core City Park Placemaking – 27:16 Get in Touch with Philip: LinkedIn: https://www.linkedin.com/in/philip-kafka-644a0b23/ Website: https://www.princeconcepts.com/ Get in touch with Brian:  Last Best Partners' Website: https://www.lastbestpartners.com/ Brian's LinkedIn: https://www.linkedin.com/in/brian-seidensticker-90117021 Podcast LinkedIn Page: https://www.linkedin.com/company/distressed-to-success-podcast Subscribe to follow the show! Chapters (00:00:00) - Real Estate Podcast(00:00:49) - Distress to Success(00:01:16) - Real Estate Development by Philip Feuer(00:05:17) - What took you to Detroit from New York?(00:06:16) - Detroit project under development by Prince(00:09:48) - Detroit's Core City development(00:11:14) - Philanthropy and Land Control(00:15:18) - Philip Cosentino on His Different Mindset(00:21:47) - The Arts Village Apartment(00:22:13) - Private Property: Starting a Brown Box Duplex(00:26:41) - Core City Homes, Phase 2 Sales(00:27:44) - Detroit's first African-American mayor activates historic buildings(00:32:42) - What's the Next Step for Real Estate Development?(00:35:49) - What Keeps You From Finishing a Project?(00:38:11) - Carve Out(00:41:19) - Saving Private Ryan

    43 min
5
out of 5
7 Ratings

About

Distressed to Success is a podcast that discovers how savvy investors and entrepreneurs are profitably transforming underserved communities through strategic investment and innovative business models. Host Brian Seidensticker, Co-Founder of Last Best Partners, interviews local developers, business leaders, entrepreneurs, and investment professionals who have successfully brought private capital into distressed areas while generating sustainable returns. From Low Income Housing Tax Credits to creative financing solutions, each episode uncovers actionable strategies for identifying investment opportunities that deliver both financial returns and meaningful community revitalization. Learn from leaders who have transformed cities like Detroit, Cleveland, and Memphis through profitable ventures that create lasting community improvement. Whether you're a high-net-worth investor, local developer, or community development professional, discover how to turn distressed assets into thriving neighborhoods while building sustainable businesses that benefit both your portfolio and your community.