57: Klosed with Steve Kachanian
November 24, 2020
Hosted by James Nelson
On this week's show I welcome Steven Kachanian and Adam Hajibai of Klosed Properties, a family-owned, vertically integrated real estate firm specializing in the acquisition and management of well-positioned commercial properties in the New York Metro area and in select markets nationwide. On the show, Steven shares with us how he got started in real estate investing and what ultimately made him decide to move from brokerage to investing. Both Steven and Adam also share with us how they look for deals, what strategies they use and how they ultimately worked closely with all their tenants during the COVID-19 pandemic to make sure they were there as much as possible in these trying times. Steven also shares with us his advice for any person looking to get involved in the business.
Real Estate Investing – Live from New York
Tuesday at 4 PM Pacific Time/7 PM Eastern Time on VoiceAmerica Business Channel
Real Estate Investing, Live from New York will provide you with everything you need to know about investing and operating commercial real estate. Although the show is based in New York City, it explores the fundamentals of investing in all asset classes across the nation.
There are hundreds, if not thousands, of TV and radio shows that deal with investing in the stock market and yet almost none that cover exclusively commercial real estate.
This is not a “get rich quick” or “how to flip homes” show. We will teach you step-by-step how to source, acquire, improve and operate commercial real estate. The show will start with a recap of New York City commercial real estate news, followed by an investor spotlight with a legend in the business, and then feature industry experts covering every aspect of the business.
James Nelson is Principal and Head of Avison Young’s Tri-State Investment Sales group where he leads a group of three dozen professionals in the sale of multi-family, office, development and retail properties. Throughout his 20-year career, James has been involved in the sale of over 400 properties and loans with an aggregate value of over $4 billion. He has worked with all types of investors in the most competitive market in the world. Having taught at New York University, James understands how to break down a real estate traction to its most basis components while also being able to explain the most complex structures that exist today.
Prior to joining Avison Young, James served as Vice Chairman of Cushman and Wakefield, where he was ranked as the number one investment sales broker nationwide in 2016. Previously, James was a partner and top producer for Massey Knakal for six years and was named the company’s youngest partner in 2004.
James is the Chairman of the Real Estate Board of New York’s Commercial Board of Directors, a member of the Counselors of Real Estate and Young Men’s and Women’s Real Estate Association of New York (YMWREA), and Founder of the Real Estate Services Alliance and the Colgate Real Estate Council. He has received numerous distinctions including being named The Commercial Observer’s 100 Most Powerful, A Top Deal Maker by LoopNet, Real Estate Forum’s 40 Under 40, Top 35 and Under NYC Real Estate Players by The Real Deal.