Podcast

Long-term Commercial Real Estate Investing is More Than Accumulation and Aggregation

1Q20

Seasoned investor Jim Richardson paints a picture of the lifecycle and evolution of a successful commercial real estate entrepreneur.

In this episode of the Real Wealth Real Health podcast, AdaPia and Daniel speak with a life-long institutional investor who has ventured into unknown territories with purpose and intention. Real estate and venture investor Jim Richardson has a proven record of leading corporate growth and both professional and personal portfolio development. His investing philosophy has been shaped through his vast experience across industries and his focus on making a tangible, positive impact in his investments as a board member and advisor.

Jim is an entrepreneur at heart. His ability to drive long-term value creation coupled with his intellectual curiosity has led him toward a variety of executive positions, investment types and advisory roles. However, when Jim makes personal investment decisions, he wants to be able to understand what he’s investing in – this is part of the reason why he has spent a lifetime investing in real estate – an area he knows as well as anyone.

Key Insights

  • The challenge that is entrepreneurship and building a company
  • How to evaluate investment opportunities – both as an institution and as an individual
  • Fundamentals of real estate in the context of alternative investing
  • How to avoid diligence mistakes when investing in a new asset class and where you can add value
  • Evaluating risk in real estate deals and how to think about generating long-term cash flow

Guest Bio

Jim is a 35-plus year commercial real estate veteran with stints at CBRE and more recently Alexandria Real Estate Equities (NYSE: ARE) where he served as President and continues as a board member. ARE has grown exponentially during his time with the company from a start-up to an S&P 500 REIT with a total market capitalization exceeding $20 billion. Personally, he is an active investor in real estate, technology, and e-commerce companies spanning various product types and business configurations. His primary investment objectives are to be both opportunistic and strategic in portfolio development.