455: The Architect Developer Business with Evan Watts скачать в хорошем качестве

455: The Architect Developer Business with Evan Watts

End chaos in your firm—300+ peers use this framework. Free video here: https://www.businessofarchitecture.co... Today I will be speaking with Evan Watts, founding partner of D&A Companies. Evan and the team at D&A are a group of real estate, architecture, and construction professionals who believe in the importance of alluring, inspiring, and special places. They leverage their expertise and passion to deliver valuable projects for their partners, clients, and communities through the art of design and the business of real estate development. Prior to D&A, Evan spent almost 7 years as part of the development team at Tamarkin Co. and 2 years of those as Director of Development overseeing the development, marketing, and sales. Evan is a native of Atlanta, GA with deep family ties to both Atlanta and Birmingham, AL. He is a graduate of the Georgia Institute of Technology and Columbia University, earning both a Master of Science in Real Estate Development and a Master of Architecture. He is a licensed architect and real estate salesperson. In today’s episode, we will be discussing: The importance of knowing the language of the other disciplines - here we talk finance of developers Having an appetite and a tolerance for risk The complexities and strategies for the successful raising of capital 00:00 Intro 02:46 Why Architecture School Never Teaches You Business 05:00 From Traditional Practice to Developer in Pre-COVID 09:00 The Missing Skills That Keep Architects Poor 12:00 Why Everyone Else Makes Money Except Architects 15:00 How to Structure Architecture + Development Under One Roof 18:00 The Birmingham Project That Started Everything Small 23:40 Why Raising Capital Is Actually About Gumption 25:50 Friends & Family: Your First Investor Network Strategy 28:14 What Makes a Good Investor vs. Just Rich Money 30:42 Why Small Investors Ask the Best Questions 33:20 From Condos to Mixed-Use: Breaking the Typology Trap 37:15 Build to Sell vs. Hold: Revenue Strategy Breakdown 39:06 Finding Land When Everything Costs Too Much 42:12 The Off-Market Deal Strategy That Actually Works 44:21 When to Use Outside Architects vs. In-House Design 47:26 The Devil vs. Angel: Internal Architecture Conflicts 50:12 Why Risk Is Scary But Unavoidable for Growth 52:48 Balance Sheets & Guarantees: Risk Mitigation 101 56:14 Getting Out of the Studio to Build Your Network 58:58 Education Without the Two-Year MBA Commitment 59:05 Goals for Growth: Hudson Valley Master Planning