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How to Finance Your Hospitality Property in a Shifting Economy

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How to Finance Your Hospitality Property in a Shifting Economy

Episode 788 | 10.02.24

In this episode of Fried On Business, Jim dives into the current state of hotel financing, discussing the challenges and opportunities in the hospitality market. Whether you’re facing maturity refinancing, looking for gap financing, or interested in inflation-proof investments, Jim shares actionable strategies to navigate this complex landscape. Tune in to learn how you can position your hospitality property for success in a shifting economy, with insights on bridge capital, preferred equity, and working with lenders.

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Fried On Business: Carrying The Rock With Steve Vecchitto
Episode 789 | 10.09.24

Steve Vecchitto Discusses
How He Built His Firm and Its Communities
Steve talks about his personal philosophy on : team building, mentorship, community and much more

In this episode of Fried On Business, Jim Fried sits down with South Florida real estate veteran Steve Vecchitto, founder of Avenir. They dive deep into multifamily real estate investing, Avenir’s unique culture, and the importance of long-term relationships in business. Steve shares his insights on sustainable housing, his team-first philosophy, and why he prioritizes high-net-worth investors over institutional capital. Tune in for a conversation that blends real estate expertise, mentorship, and a vision for building community-driven projects.

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About Our Guest:

Stephen Vecchitto founded Advenir, Inc in 1996 and is its Managing Director. Advenir is a multi-family real estate investment, development and management company. Advenir currently controls and owns jointly with investors over 13,000 plus units, valued in excess of $3.3B of real estate assets in Florida, Texas, Colorado, Alabama, Georgia and the Carolinas, and generates $230M+ in annual revenue. The Company has over 400 employees, is based in Miami, Florida, and has offices in Atlanta, Houston, Denver and Orlando.
 
Mr. Vecchitto was the founder of VSM, LLC; a Hartford based Certified Public Accounting and financial services firm. The firm grew to 40 professionals and became the fifth largest private firm in Hartford. While at the firm Mr. Vecchitto was the Managing Partner, created and grew the litigation support division, concentrated on mergers and acquisitions, became certified as a Certified Fraud Examiner, and an Accredited Member of the Association of Appraisers – Business Valuation concentration. He was qualified to testify as an expert in both State and Federal courts. Mr. Vecchitto sold the Firm in 1996.
 
Stephen continues to be a strategic advisor to businesses and high net worth individuals.
 
Mr. Vecchitto dedicates much of his spare time and is very active in the business community at large and philanthropy. He is an Associate Board of Director for Apartment Life, participates on the Advisory Board of City-to-City Miami, and is a Cornerstone Member of Make-A-Wish Foundation in South Florida.
 
He is the father of two daughters and the proud grandfather of six grandchildren who all live in Hawaii.

Fried On Business: Carrying The Rock With Steve Vecchitto
Episode 789 | 10.09.24

Steve Vecchitto Discusses
How He Built His Firm and Its Communities
Steve talks about his personal philosophy on : team building, mentorship, community and much more

*************************************
About Our Guest:

Stephen Vecchitto founded Advenir, Inc in 1996 and is its Managing Director. Advenir is a multi-family real estate investment, development and management company. Advenir currently controls and owns jointly with investors over 13,000 plus units, valued in excess of $3.3B of real estate assets in Florida, Texas, Colorado, Alabama, Georgia and the Carolinas, and generates $230M+ in annual revenue. The Company has over 400 employees, is based in Miami, Florida, and has offices in Atlanta, Houston, Denver and Orlando.
 
Mr. Vecchitto was the founder of VSM, LLC; a Hartford based Certified Public Accounting and financial services firm. The firm grew to 40 professionals and became the fifth largest private firm in Hartford. While at the firm Mr. Vecchitto was the Managing Partner, created and grew the litigation support division, concentrated on mergers and acquisitions, became certified as a Certified Fraud Examiner, and an Accredited Member of the Association of Appraisers – Business Valuation concentration. He was qualified to testify as an expert in both State and Federal courts. Mr. Vecchitto sold the Firm in 1996.
 
Stephen continues to be a strategic advisor to businesses and high net worth individuals.
 
Mr. Vecchitto dedicates much of his spare time and is very active in the business community at large and philanthropy. He is an Associate Board of Director for Apartment Life, participates on the Advisory Board of City-to-City Miami, and is a Cornerstone Member of Make-A-Wish Foundation in South Florida.
 
He is the father of two daughters and the proud grandfather of six grandchildren who all live in Hawaii.

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YouTube Video VVU4aS1uUXJ0T1VrQmVOeGNhODFzaHV3Lkh1YzljZjlxeWk0

Fried On Business: Carrying The Rock With Steve Vecchitto

Jim Fried 27 views October 10, 2024 4:27 am

Fried On Business: NFL Season Preview with Dolphins Great - Ed Newman 
Episode 784 | 09.04.24

NFL season preview with Miami Dolphins great Ed Newman

Ed shares his thought on his time with the dolphins and 
What he expects from this season 

Ed also talks about his new hood and his appearance at this years Miami Book Festival 

*************************************

About Our Guest:
 
The “Perfect Season” Miami Dolphins selected Ed Newman in the sixth round of the 1973 NFL draft. Ed went on to play 12 seasons (1973 to 1984) for Coach Don Shula, during which time he participated in one winning Super Bowl and two American Conference championships. Ed earned All-Pro recognition four times and played in 167 games, of which he started in 113. Ed reluctantly broke from the Dolphins after a knee injury that occurred in 1985.
Ed went on to pursue a law degree and served as a civil litigator from 1987 to 1994. After a successful election campaign, Ed was commissioned as a County Court Judge in and for Miami-Dade. Ed first served in the Domestic Violence Division, and over the span of 28 years, he rotated to preside over thousands of cases in the county’s Civil and Criminal Courts. 
In recognition of his charitable contributions, the South Florida Blood Service had “N.W. 17th Street” renamed to “Ed Newman Street.” The Miami Dolphins inducted Ed into their Walk of Fame in 2014, for his contributions to the team and the community. The following year, he was honored as one of the “Top 50” Miami Dolphins to have played within the first 50 years of the franchise.

Fried On Business: NFL Season Preview with Dolphins Great - Ed Newman
Episode 784 | 09.04.24

NFL season preview with Miami Dolphins great Ed Newman

Ed shares his thought on his time with the dolphins and
What he expects from this season 

Ed also talks about his new hood and his appearance at this years Miami Book Festival 

*************************************

About Our Guest:
 
The “Perfect Season” Miami Dolphins selected Ed Newman in the sixth round of the 1973 NFL draft. Ed went on to play 12 seasons (1973 to 1984) for Coach Don Shula, during which time he participated in one winning Super Bowl and two American Conference championships. Ed earned All-Pro recognition four times and played in 167 games, of which he started in 113. Ed reluctantly broke from the Dolphins after a knee injury that occurred in 1985.
Ed went on to pursue a law degree and served as a civil litigator from 1987 to 1994. After a successful election campaign, Ed was commissioned as a County Court Judge in and for Miami-Dade. Ed first served in the Domestic Violence Division, and over the span of 28 years, he rotated to preside over thousands of cases in the county’s Civil and Criminal Courts. 
In recognition of his charitable contributions, the South Florida Blood Service had “N.W. 17th Street” renamed to “Ed Newman Street.” The Miami Dolphins inducted Ed into their Walk of Fame in 2014, for his contributions to the team and the community. The following year, he was honored as one of the “Top 50” Miami Dolphins to have played within the first 50 years of the franchise.

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YouTube Video VVU4aS1uUXJ0T1VrQmVOeGNhODFzaHV3Lko0OWUwbFRBMUZF

Fried On Business: NFL Season Preview with Dolphins Great - Ed Newman

Jim Fried 14 views September 5, 2024 4:22 am