Shifting from Single-Family to Multi-Family, with Arn Cenedella
Arn Cenedella of Spark Investments joins Lance to share lessons learned from 40 years in real estate on both coasts. Arn made the switch from single-family to multi-family, moving from the Bay Area to the emerging Carolinas market. He and Lance talk about mixing old-school with new-school metrics, his approach to scaling and co-GPs, and why it’s important to recognize your weaknesses and partner accordingly.