From Labs to Job Sites: Laurance Lee’s Leap into Construction Tech

In this episode of SF Commercial Property Conversations with Bruce Bean, we sit down with Laurance Lee, a San Francisco native whose unique path from biochemistry at Harvard to the world of real estate investment offers fascinating insights.

Laurance shares how personal life changes led him from a biotech career into real estate, initially investing in Salt Lake City before expanding his efforts to the East Bay and now Phoenix. He dives into the challenges and opportunities of urban development, including dealing with slow permitting in the Bay Area and the appeal of faster-moving markets like Phoenix.

We explore:

• Why Laurance shifted from science to real estate

• His ground-up multifamily project in Utah

• Insights on the Phoenix market and why it’s his new focus

• Lessons learned on financing, 1031 exchanges, and managing partnerships

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• His passion for scalable, repeatable real estate strategies