Dec. 14, 2022
Topic: Managing Real Estate Investment Assets for Aging Adults
There is a once-in-a-generation transfer of wealth happening as we speak. A large portion of this wealth transfer from the baby boomer generation to their heirs is in real estate investment assets. Oftentimes, these real estate assets have been self managed and may be under-utilized. The next generation is struggling with how to manage and maximize these assets for themselves and their families. Will Tiao is a commercial real estate broker, property manager, and investor/developer. He will be discussing a number of the logistical, financial, and emotional issues involved in handling the change of management of real estate from one generation to the next.
Speaker: Will Tiao, The Collective Realty and Tiao Properties
Will Tiao is the Director of Commercial Real Estate at The Collective Realty and the co-owner of Tiao Properties, a property management and real estate investment company. Tiao Properties manages over 200 units throughout greater Los Angeles and has over $100 million in assets under management. Since opening business in 2012, Will and his team have sold hundreds of units with over $135 million in sales. He is the co-founder of the Los Angeles Multifamily Real Estate Networking Group — a real estate investor networking and educational forum focused on multifamily investing in the Los Angeles region with nearly 2000 members.
Originally from Manhattan, Kansas, Will graduated from Tufts University (B.A. in International Relations, magna cum laude), Columbia University (Masters in International Affairs), and received a Fulbright Scholarship to the Philippines. He was a Presidential Management Fellow and worked as an international economist in the Bill Clinton and George W. Bush Administrations. After leaving Washington D.C., Will came to Los Angeles to pursue a career in entertainment. He quickly jumped into the LA real estate market, looking to invest in residential income property and eventually getting his RE broker’s license and working with clients to find or develop their own piece of Los Angeles.