Smolin Lupin Hosts Real Estate Forecast Seminar by Billy Procida
Smolin Lupin recently hosted a breakfast seminar by real estate expert Billy Procida at its Fairfield headquarters.
Procida, who has 30 years of experience as an award-winning developer, nationally-ranked contractor and leading private equity fund manager, lent his insight into where the New York/New Jersey real estate market is headed during the October 25 program.
“It’s so important to stay informed on what’s affecting key industries in New Jersey,” said Bill Meller, Member of the Firm, Smolin Lupin. “It is critical for us, and for our clients, when doing financial statements and tax returns, to keep the property current as far as fiscal responsibility.”
Procida said the real estate cycle is currently at a great period of opportunity.
“The glass is either half-full or half-empty, but it’s easy to take the half-empty approach,” Procida said. “Experience has taught me that if you wake up in the morning and think that the world is going to hell, well you’re going to go to hell right along with it. And you’re going to wake up and miss the opportunity.”
His firm, Procida Funding & Advisors, specializes in supplying capital and expertise to the real estate community, as well as small- and mid-size businesses. Procida has worked as lender, investment banker and/or developer on more than $2 billion of successful real estate projects.