Real-estate veteran Neville Rhone shares his journey from corporate executive to entrepreneur in search of development projects that benefit communities.
"If you connect the right people with the dollars, great things can happen,” Neville Rhone, co-founder and managing partner of Arc Capital Partners, talks about seeing beyond inherent bias while assessing investment decisions. His tip for other entrepreneurs: put in the time to learn the market and build relationships on the ground.
Rhone is the first guest for the second season of the Access & Opportunity podcast with Carla Harris. In season one, we spoke with entrepreneurs, investors, and developers about how and why multicultural and women-owned businesses are overlooked as viable investment opportunities. In this new season, Carla is shifting the spotlight to focus exclusively on entrepreneurs. Rhone takes us through his journey in co-founding Arc Capital Partners and what he’s doing to create opportunity in diverse neighborhoods today.
Back with playbook points and engaging stories, Carla’s guests in season two share their experiences and advice on how to connect capital and communities. For Neville Rhone the question has been, how does an investor identify untapped potential in the world of real estate, especially in demographically diverse areas? Leading the charge at Arc, Rhone and his partner focus on investing in undervalued and underutilized properties to revitalize diverse neighborhoods. From downtown Austin, Texas, to Chapman Plaza in Koreatown, Los Angeles, Rhone shares his experience transitioning into entrepreneurship and why urban communities and inclusive investments are the future of real estate.
The guest speakers are neither employees nor affiliated with Morgan Stanley & Co. LLC and Morgan Stanley Smith Barney LLC. (“Morgan Stanley”). The views and opinions expressed herein do not necessarily reflect those of Morgan Stanley. The information and figures contained herein has been obtained from sources outside of Morgan Stanley and Morgan Stanley makes no representations or guarantees as to the accuracy or completeness of information or data from sources outside of Morgan Stanley. Morgan Stanley is not responsible for the information or data contained in this podcast.
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