Business
Tom interviews Stuart on how he got started as a West Coast real estate developer. Stuart talks about some of the challenges and factors to look for when selecting a market to develop in. Stuart outlines the entitlement process with real life examples from his experience, and talks about mistakes to avoid, such as controlling costs, contingencies, city politics. Stuart finishes the episode by talking about changes in development and funding trends over time, and about why senior housing is a great asset to develop at this time. About the Guest: Stuart Gruendl has developed and/or acquired more than 7,000 luxury apartment units during his career. He has been active in Northern California with more than $300 million in recently completed multi‐family communities. Stuart specializes in the development, re‐positioning and rehabilitation of in‐full multi‐family communities, both for sale and for rent.