This month’s Five for Friday features Louis D’Lando, CCIM, who serves as a senior advisor and business development manager with SVN | Angelic based in Austin, TX.
What advice would you provide to an aspiring advisor who is new to the industry?
I think the most important advice I could provide is know that you’re going to make mistakes. You need to learn and grow from your mistakes. Dissect where you came up short and think through how you could improve in the same or similar situation going forward.
What does the SVN Difference mean to you?
The SVN Difference is an important symbol of community. This kind of community enables and fosters growth, support, and business productivity. I’m thankful to be a part of it.
What learning tools (book, blog, website, etc.) would you recommend to your colleagues to further their knowledge and enhance their careers?
I am a Certified Commercial Investment Member (CCIM) and highly recommend utilizing and leveraging the educational tools provided as a result of being part of this organization. They offer courses ranging from mathematical expertise to psychological and behavioral techniques as negotiating tactics. I have found these to be extremely helpful.
What was your most memorable deal and why?
One of my most memorable deals was actually one of my first deals just starting out in the business. It was a small leasehold interest deal for an off-market single-tenant Kohl’s location in Tallahassee, Florida. I called on a public REIT that would consider accepting unsolicited offers on some non-core properties they owned. I approached another public REIT that specialized in acquiring single-tenant real estate, they liked it and decided to move quickly. Soon thereafter, they closed on the property. It was memorable because it showed me I knew the right contacts to complete transactions in this business and gave me the confidence I would need to move forward.
List a fun fact to share about yourself – something that people may not know and that they may be surprised to find out.
My wife and I are expecting our second daughter this coming Spring, so I’m working feverishly on putting together as many deals as I can! If you have daughters you’ll know what I mean!
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