Module's newest feature interview is with Sandy Albert, Principal & Managing Partner at CityPads. Module CEO Brian met Sandy at a conference in 2017, where they discussed the future of innovative, affordable real estate development.
Born and raised in LA, Sandy pivoted toward real estate development in college after deciding against a film career. Sandy understood that traditional real estate was a slow-moving industry that favored companies with existing infrastructure and capital and believed this could be changed. After completing a real estate development graduate program at Columbia, he began his career at a co-living and property management company. Managing growth for this company nurtured his interest in urban living, mixed-use construction, in innovative real estate solutions.
Sandy is now a principal and managing partner of CityPads, a development, investment, and management company geared towards affordability and convenience in large cities. CityPads is building market-rate, multi-family rental products in LA and Chicago geared toward the "missing middle." CityPads uses a consumer-focused process that considers renters' budgets and needs. Before building, CityPads considers a given neighborhood's proximity to transit, local businesses, employment, and amenities. Sandy describes CityPad's method of using density to create affordability and build community and explains that development fuels his passion for storytelling and bringing people together.
Hear the full interview to learn more about Sandy and CityPads.