Adaptive Reuse Project - 706 E Broadway

In this episode of CRE 101, we take you inside an adaptive reuse project we’re actively pursuing at 706 E Broadway in Louisville. My business partner, Fred Newman, and I break down how the deal came together, from sourcing the opportunity and working through due diligence, to structuring the financing and lining up a tenant for half of the first floor. With plans to begin construction soon, this episode offers a real-world look at what it takes to move a development from concept to execution.We walk through the challenges, the decision-making process, and the strategies behind repositioning an existing building into a productive, income-generating asset, without the fluff and without the theory.🎙 Topics covered in this episode:• How we found and evaluated the 706 E Broadway opportunity• The due diligence process and key risks we underwrote• How the financing was structured• How we secured a tenant for ½ of the first floor• What’s next as we move into the construction phaseIf you’re a commercial real estate investor, broker, or developer, or just want a transparent look at how deals actually get done, this episode is packed with practical, real-world insight.🔗 Connect with Raphael Collazo • Website: https://raphaelcollazo.com/ — Explore his commercial real estate services, listings, podcast content, and CRE resources. • LinkedIn: https://www.linkedin.com/in/raphaelcollazo — Follow Raphael for market insights, deal discussions, and industry commentary.