The Crexi Commercial Real Estate Podcast | CRE Insights & Strategies The Playbook Behind Alex Reece & Costel Vanatoru's 20+ Auction Successes
Alex Reece and Costel Vanatoru share value-add tactics, auction strategies, picks, and operating levers to buy right, boost NOI, and exit efficiently.
The Crexi Podcast connects CRE professionals with industry insights built for smart decision-making. In each episode, we explore the latest trends, innovations and opportunities shaping commercial real estate, because we believe knowledge should move at the speed of ambition and every conversation should empower professionals to act with greater clarity and confidence.
In this episode of The Crexi Podcast, Bob Drury, Senior Managing Director on Crexi’s Auctions team, interviews Alex, a seasoned real estate investor and serial entrepreneur with over 30 years of experience, and Costel, a distinguished commercial real estate broker and founder of Vanald and Associates.
The duo dives into the mechanics of the Crexi auction platform and how transparency, competition, and certainty of close can unlock new opportunities for both sellers and brokers. They discuss overcoming the outdated stigma around auctions, highlight their success selling over 20 stabilized assets through Crexi Auctions, and share why more sophisticated buyers now prefer the process.
- Meet Alex Reece: Serial Entrepreneur
- Meet Costel Vanatoru: The Rockstar Broker
- Their Unique Partnership and CRE Dynamics
- Alex's Journey into US Commercial Real Estate
- The Value of Mentorship
- Early Adoption of Crexi Auction Platform
- The Auction Platform: Breaking the Stigma
- What Makes a Great Broker?
- The Importance of Trust in Broker-Client Relationships
- Alex's Investment Philosophy
- The Auction Process: Hesitations and Success
- Reflecting on Auction Successes and Challenges
- Early Adoption and Advantages of Crexi
- Market Trends and Investment Strategies
- Advice for Young Brokers and Investors
- The Future of Auctions and Final Thoughts
For show notes, past guests, and more CRE content, please check out Crexi’s blog.
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