New York Real Estate Journal

Richard Podos 2012

January 13, 2012 - Construction Design & Engineering
Richard Podos CEO & President Lance Capital LLCName: Richard Podos Title: CEO and President Company: Lance Capital, LLC Location: New York, N.Y. Birthplace: Salt Lake City, Utah Family: Married College: New York University First job outside of real estate: United States Marine Corps First job in real estate or allied field: N. Peter Burton & Co., a NYC commercial real estate broker What do you do now and what are you planning for the future? We provide specialized financing primarily relating to tenant improvements and specialty-use buildings, based on the credit of the tenant. As an example, we recently provided $44 million in tenant improvement financing to support a 400,000 RSF lease to the City of New York, at a rate well under 5%. We are rolling out a program for TI financing across the country, and also starting on similar international activity in the UK. Hobbies: Cooking, historical fiction, science fiction, SCUBA Favorite book: "Stranger in a Strange Land" by Robert Heinlein Favorite movie: "Apocalypse Now" Persons you admire most (outside of family): Winston Churchill, Sam Zell - independent thinkers who have had a dramatic and positive impact. Keys to success: Hard work, passion, honesty and an open mind If you had to choose another vocation what would it be? Curator of the TED conferences (www.ted.com) - very cool and intellectually stimulating.