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Leading Voices in Real Estate
Daniel Radek | President of First Washington Realty
Dec 11, 2023
Daniel Radek, President of First Washington Realty, discusses the resilience of necessity retail during COVID-19, the benefits of diverse grocery stores, challenges of merging cultures, authority and delegation, history and role of a chief of staff, building trust and partnerships, analysis of the retail season, and the importance of context in decision-making.
01:22:36
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Quick takeaways
- The necessity retail sector demonstrates stability and resilience compared to other sectors, with only a 4% differential loss.
- Co-leadership in the real estate business promotes a more resilient business model and positive corporate culture by enhancing communication, collaboration, and decision-making.
Deep dives
Size and stability of necessity retail sector
The podcast episode highlights the stability and resilience of the necessity retail sector compared to other sectors like malls and office spaces. It mentions that the peak to trough differential loss in the necessity retail sector is just 4%, much lower than other sectors. The episode emphasizes the importance of considering multiple perspectives and insights when making investment decisions.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode