Experiential Real Estate: Riding the Wave of Surf Park Development

In this episode, we welcome the dynamic and inspiring Nicholas Edelman, CEO and Founder of surf park development company Aventuur. Aventuur is on a mission is to create exceptional surfing destinations and experiences that generate meaningful social and economic value. To do this, the company's secured the rights to the world’s leading wave-generating technology – the Wavegarden Cove – in markets across North America, Australia, New Zealand, Singapore and Fiji. They currently have three projects in active development.

In our conversation, we dig deep into the business case for surf parks, including the unit economics, demand drivers, and secular trends that make it one of the hottest niches in commercial real estate right now. Nick also shares his personal journey - one filled with a love of sport, nature, and personal connection - and how he came to found Aventuur with a friend from graduate school and the backing of some heavy-hitting investors.

Listeners will surely want to stay till the end to hear Nick provide an incredible anecdote about the early days of the company. From the beginning, though, this conversation is truly a masterclass in humble leadership, passion, and commercial real estate fundamentals.

Interview by: Robby Mulcahy / MSRED Candidate 2025

Director: Denise DeLorey

Production by: Robby Mulcahy

Music from ⁠⁠⁠#Uppbeat⁠⁠⁠: ⁠⁠https://uppbeat.io/track/mark-july/dance-with-me?rt=uc-referral⁠⁠

License code: KQAWWN4CWQXDF01E