Filling Gaps In The Real Estate Market With Stephen Wendell

Real Finds Podcast

In this conversation, Gordon sits down with Stephen Wendell, CEO of Mountain Shore Properties, who shares his journey into real estate, influenced by his family's background in the industry. He discusses the unique challenges and opportunities in the Philadelphia market, the evolving state of hospitality, and the importance of identifying market gaps. Stephen emphasizes the significance of branding and the appeal of college towns as stable investment opportunities. He also explores site selection criteria, applying hospitality principles in various asset classes and future trends in real estate and hospitality.

Learn More About Us: https://www.vvco.com

Learn More About Commercial Real Estate: https://www.vvco.com/our-blog/

Key Takeaways

• Gordon's early exposure to real estate shaped his career path.
• Philadelphia's market has unique challenges due to zoning laws.
• Understanding local markets is crucial for successful investments.
• The hospitality industry is rapidly evolving with new trends.
• College towns provide stable demand for hotel investments.
• Walkability is an essential factor in site selection.
• Branding plays a critical role in the success of hospitality ventures.
• Creative approaches can enhance traditional asset classes.
• The future of hospitality will focus on lifestyle experiences.
• Technology and human elements must coexist in hospitality.

Recommended Book

• Thinking, Fast and Slow Paperback by Daniel Kahneman https://amazon.com/Thinking-Fast-Slow-Daniel-Kahneman/dp/0374533555

🎙️ Don't forget to hit that like button, subscribe to our podcast, and leave a comment letting us know who you think we should feature next!

Your feedback fuels our mission to bring you engaging conversations!