David Bland Interview

David Bland

Managing Director

Denver, CO

dave@termst.com

(303)-888-1115

What is the most interesting deal you have ever closed?

The Pointe South Mountain Resort in Phoenix AZ. My team created value of this property by the establishment of a long-term vision for the resort, brand reposition, new operator selection, capital improvements and new infrastructure development. Virtually every aspect of hospitality asset management was deployed to take the asset from $75 million in value to an exit via a sale of $204 million over a 6-year period.

How did you end up in Real Estate?

My Father said when home mortgage rates hit 3% or lower, he would finance another house for our family to move into and then rent the house we just moved out of. So, we moved three times before I was in middle school and I learned how to maintain the rental houses for our family real estate business. I naturally gravitated to running my College Fraternity house rental operation during the summers. My second job out of school was with the first public syndicator of commercial hotels and I caught the โ€œhospitality bugโ€ which has influenced my whole working life since.ย 

What do you do when you arenโ€™t working?

I may not be a Wisconsin Badger like my partners but I love my favorite NFL team, the Green Bay PACKERS. I love WhatsApp calls with my kids and grandchild, my good golf shots, sailing a boat in a decent wind, working with the right tools, and adding more books to my Amazon list than I read.ย 

What are your favorite books and podcasts?

My favorite business books include โ€œThe New Market Wizardsโ€ by Jack Schwager and โ€œThe Great Deformationโ€ by David Stockman. Other favorites include โ€œThorium: energy cheaper than coalโ€ by Robert Hargraves and โ€œEST: Playing the Gameโ€ by Carl Frederick

Last Book you read โ€“ โ€œEST: Playing the Gameโ€ by Carl Frederick.

Next Book on your list โ€“ โ€œSpeak like CHURCHILL, Stand like LINCOLNโ€ by James Humes

Favorite Podcasts โ€“ โ€œWar Room Pandemicโ€ by Steve Bannon. This podcast is covering the 2020 Coronavirus outbreak which started in China.

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