Plotting a Real Estate Development Career Path

In Chapter 7 of 14 in his 2012 interview, real estate development executive Brett Goldman answers "What Have Been the Milestones in Your Real Estate Career?"  Goldman shares how small, detail-oriented project experiences have helped him gain experience and become a better big picture, strategic decision maker.  He finds his acquisition and project management experience builds by working across several elements, including financing, market analysis, construction analysis, approvals, and real estate contract law.  Brett Goldman is a Real Estate Acquisitions Director at Triangle Equities in New York City.  He holds a BA in General Studies from the University of Michigan and a Masters in Real Estate Development from the Columbia University Graduate School of Architecture, Planning, and Preservation.

Transcript:

Erik Michielsen:  What have been the milestones in your real estate career?

Brett Goldman: Well, I started by just doing the details. I mean that's pretty much how you start in real estate business.

Erik Michielsen: What do you mean by that?

Brett Goldman: Real estate is so experience-centric that you can't really learn it in school, though I did go to school for real estate. It's all about making good decisions. There's always two or three or four different paths you can travel, and the more correct paths you travel the more successful you'll be. 

I mean I've been doing acquisitions for a long time but also project management. And you can't really do acquisitions without project management because even in just in acquisition, there's a lot of different things that go into it, there's financing, there's market analysis, there's construction analysis, there's approvals, and, you know all the things, there's law, there's real estate contract law, just to get to an acquisition is a milestone. So each of my acquisitions have been milestones. But then each -- along the path to each one of those acquisitions there's a bunch of littler milestones that are individual successes.