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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.