In this episode of the Matthews Mentality Podcast, Kyle Matthews sits down with Peter Borzak, the Chairman, CEO, and co-founder of Pine Tree, a leading national retail real estate company. Peter shares insights from his nearly 30-year career in developing, acquiring, and operating retail assets, and the journey that shaped Pine Tree into a $3 billion portfolio company. The discussion includes Peter's career beginnings, his experience navigating the 2008 financial crisis, and tips on leadership, trust, and resilience in the real estate industry. Peter also delves into Pine Tree's strategic focus on necessity-based open-air shopping centers and their coast-to-coast presence in the United States.
00:00 Introduction to Peter Borzak and Pine Tree
01:49 Peter's Early Career and Real Estate Beginnings
04:26 Founding Pine Tree and Overcoming Challenges
07:15 Navigating the Real Estate Market and Scaling Pine Tree
11:23 The Impact of the Global Financial Crisis
17:20 Rebuilding and Future Outlook
38:21 Realizing the Importance of Effort Over Results
39:52 Balancing Business and Family Life
43:26 Coping with Stress and Maintaining Health
45:21 The Responsibilities and Challenges of Being a CEO
50:04 Motivations and Influences
57:15 The Importance of Listening and Learning
01:02:13 Pine Tree's Success and Future Plans
01:07:46 Conclusion and Final Thoughts
