Monday, January 26, 2015

Philadelphia as a "supercharged" start-up hub

Learn more about PSL at PhillyStartupLeaders.org

I found this article interesting because it not only talks about Philadelphia's history as a start-up city, but also how Philadelphia is doing in the busy entrepreneurial world of today.

As stated, "Philadelphia's start-up scene today is scrappy, vibrant, and inclusive." All good adjectives, and all very reminiscent of a city like Philadelphia.

Classic companies such as Comcast, Urban Outfitters, QVC, and Vanguard, as well as Philadelphia newcomers Monetate, Revzilla, and NextDocs, are all big reasons why entrepreneurs have chosen (or are choosing) Philadelphia as a home base for their company.

As I have mentioned on numerous occasions, Philadelphia has one of the most convenient geographical locations in the country (located in the NE US, right between NYC & DC). The Northeastern US is lauded as the nation's most economically developed, densely populated, and culturally diverse area of the country. Not only does Philadelphia have a prime location, but we also have access to one of the world's best talent pools; graduating from one of our many academic institutions (e.g. UPenn, Drexel, Temple, etc).

So why am I even blogging about start-ups? This has never been a tech-centric blog, but I try to relate everything I read to the local real estate market.

In today's global environment, a robust start-up economy is a sign of strong growth. Where there are thinkers/doers, there are opportunities for jobs. Where there are opportunities for jobs, local residents spend their hard-earned money. When local residents spend their hard-earned money, real estate performs well.

Since buying is cheaper than renting today (in all of the 100 largest US metro areas), a healthy job market will increase the buying and selling of Philadelphia real estate. This then leads to even more jobs in other complementary industries (e.g. construction, home improvement stores, retail, etc).

There are 5 areas, as stated by DreamIt Ventures' managing partner Karen Griffith Gryga, that can make Philadelphia one of the top spots in the US for start-ups and entrepreneurship; and they/re very doable.

Read on to learn more.

Monday, January 19, 2015

Copper Hill Real Estate sets up shop at Pipeline in Center City Philadelphia

Visit us on Facebook, Twitter, or at CopperHillRE.com

Some of you loyal readers out there have already heard the news, while others have not. As of January 2015, I am now 1 of 3 Co-Founders at Copper Hill Real Estate in Philadelphia!

After spending 1.5 years at Brown McKinney and 3.5 years at US Spaces, I could not be more thankful to both Rudy Brown (Brown McKinney) and Fred Glick (US Spaces) for investing in me as a real estate professional. They have both taught me a lot, not only about local real estate in Philadelphia, but also what it takes to build a start-up real estate office in a crowded, busy, cut-throat Philadelphia real estate environment.

Without their mentorship, I would not be writing this post to all of you today. Thank you, Rudy & Fred!

Okay, back to the title of this post.

The other 2 Co-Founders of Copper Hill, Ryan Garrity (Chief Creative Officer) & Andrew Janos (Chief Financial Officer), could not be better business partners for what CHRE is trying to accomplish. We all live in Philadelphia, we all know Philadelphia, and we all love Philadelphia! That is what makes our team great, and what also sets us out on the path to success.

Here is Copper Hill's purpose:

"Copper Hill Real Estate provides a transparent and efficient real estate service through our informed professionals, as well as, a forward-thinking business model for today's mobile environment. We believe that brand elegance, market knowledge, and customer service are essential to delivering a customized and seamless real estate experience. Our independence, digital platform, and modern approach are what separate us from the industry."

So in short, CHRE is making the process of buying, selling, and renting real estate easier to understand, we are making online property searching and completing paperwork simpler and more efficient, and we are creating a client service-based environment that's simple, valuable, and enjoyable.

As a first step to being a mobile and modern real estate company, we decided on office space at Pipeline Philly (located in The Graham Building, right across from City Hall). So not only do we get to enjoy a prime Philadelphia office location, but we have access to over 20,000 sq ft of functional work space with other like-minded companies. Included in the space are a reception desk, conference room, casual seating area, and full kitchen. A big thank you to both Greg Stott and Josh Dubin for making CHRE feel right at home!

So to summarize, our choice in office space is requisite of our business platform.

I'm sure a lot of people out there have a real estate "war story," or have a family member or friend with one, that had caused him/her nothing but stress and bad memories when buying or selling a home. Our primary goal as a company is to change that perception by educating our clients properly and delivering on our promises.

For any/all real estate inquiries, please feel free to reach out. Copper Hill is now open for business!