The Mechanics of Mega-Projects: A Conversation with Patrick Dutton
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In this episode of the Go Big Live Real Estate Investors Podcast, host Matt Drouin welcomes special guest Patrick Dutton, principal of Fortified Real Estate. Patrick shares his journey from working as an equity trader on Wall Street to becoming a successful real estate developer in Rochester. He details his strategic shift to acquiring and transforming downtown properties, including the monumental task of repurposing Chase Tower into the Metropolitan. Patrick discusses the importance of perseverance, the role of strategic partnerships, and his approach to tackling large-scale projects. The conversation also highlights Patrick's ongoing projects aimed at revitalizing downtown Rochester, showcasing his commitment to community development and innovative real estate solutions.
00:29 Guest Introduction: Patrick Dutton
01:36 Patrick's Background and Early Career
04:01 Transition to Real Estate
10:24 The Metropolitan Deal: Initial Steps
14:36 Challenges and Breakthroughs
21:59 Securing the Deal and Strategic Partnerships
31:18 Project Execution and Learnings
37:29 Current Projects and Future Plans
44:16 Closing Remarks and Contact Information
61 episodes