Episode Details

In this episode, Joe Cornwell interviews Eugene Gershman, CEO of GIS Development Core, discussing real estate development, Gershman's entry into the field through his family business, the importance of planning and team expertise in projects, challenges faced, and the evolution of their business model focusing on partnerships and geographic diversification.

Key Takeaways:

• Eugene Gershman's journey in real estate began with a family business, highlighting the advantage of having a construction and development background.
• The importance of meticulous planning, team expertise, and not cutting corners in real estate development for project success.
• GIS Development Core's business model focuses on partnerships, leveraging land value, and strategic project planning to navigate market challenges and achieve growth.

Eugene Gershman | Real Estate Background

• CEO, GIS Development Corp
• Portfolio:
  • 320 unit apartment in permitting
  • 18-unit boutique mix use condo
• Based in: Bellevue, WA
• Say hi to him at:
  • LinkedIn
• Best Ever Book: Oversubscribed by Daniel Priestley
• Greatest Lesson: Multiple delays and re-work due to incomplete design and coordination.

Sponsors:

Syndication Attorneys

Monarch Money

My1031Pros