Investing in Workforce Housing with Anthony Scandariato

Listen to the Episode (18:13)

Anthony Scadnariato is the Co-Founder and Owner of Red Knight Properties. He is a graduate of Cornell University with a Bachelor’s degree in Applied Economics and Management and was also a Co-Founder of Ridgeview Partners.

Previously, he was the acquisitions and asset manager for Vision properties, where he was directly involved and responsible for sourcing, negotiation, and managing the acquisition of $594MM of Class A office assets, but now he invests primarily in workforce housing.

[00:01] – [02:15] Opening Segment

Let’s get to know Anthony Scandariato
Anthony talks about his background and their company

[02:16] – [11:17] Scaling Your Business

Anthony talks about how he launched Red Knight
Why they scaled to bigger assets
The changes that come with scaling their business
Anthony talks about the lessons he learned as he grew his team
How they decide to invest in various asset classes

[11:18] – [15:03] Workforce housing

Buy and value-add 50s, 60s building and retain Workforce housing price range
Why investors tend to avoid workforce housing assets
- health and economic crisis due to COVID

[15:04] – [17:50] Closing Segment

Anthony’s advice to aspiring investors
- Don’t be afraid to find a partner
How Anthony stays on top of his game
His way to make the world a better place
How to reach out to Anthony– links below
Final words from Anthony and Me

Tweetable Quotes:

“Scaling business is more of working on the business rather than in the business. It’s more of delegating, building your team, and making sure everything gets done.” – Anthony Scandariato

“If you’re starting out, don’t be afraid to find a partner.” – Anthony Scandariato

Resources Mentioned: