Cashflow Through Leasing Small Spaces and Office Conversions with Dave Codrea

The Source of Commercial Real Estate

Enjoy this conversation with Dave Codrea, founder of Greenleaf Capital Partners, who owns and operates a diverse portfolio of residential, office, and flex properties. In this conversation, Jonathan and Dave discuss office to flex conversions, evaluating risk, how to turn challenges into opportunity, adventure trips, plus tons more.
Connect with Dave:
https://www.gogreenleafmanagement.com/
https://www.linkedin.com/in/davidcodrea/
Takeaways

• Greenleaf Capital Partners focuses on long-term cash flow and acquiring underperforming real estate assets.
• Office to flex space conversions present opportunities in the current market.
• Transparency and goal-driven operations are key to successful investor relationships.
• Paying attention to challenges and bad news can lead to unique investment opportunities.

Chapters

00:00
Introduction to Dave Codray and Greenleaf Capital Partners

01:26
Dave's Passion for Adventure Trips

06:14
The Scope and Scale of Greenleaf's Portfolio

08:05
Transition from Residential Multifamily to Non-Residential Assets

10:31
Challenges and Opportunities in Commercial Non-Residential Deals

13:20
Office to Flex Space Conversion Strategy

25:21
In-House Management of Diverse Portfolio

27:21
Paying Attention to Bad News and Challenges as Opportunities

32:40
Creative Strategies with Office Properties

35:18
Best and Worst Deals

37:25
Tips for Finding Deals and Working with Investors

39:13
Closing Remarks

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