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In this episode of The Land Development Podcast, Ryan sits down with Harsh Thakker, the founding principal of Dorado Capital, to explore his journey into the world of real estate. Harsh shares how his start in the industry began during an internship at a commercial brokerage while studying international politics at Georgetown. He discusses the transition from working with mortgage-backed securities to founding his own firm, highlighting the key moments that shaped Dorado Capital.
Harsh dives into the details of Dorado’s early projects, which began just months before covid. He opens up about the challenges faced during the pandemic, including supply chain disruptions and on-site restrictions that delayed project timelines. Despite these obstacles, Harsh explains how strong relationships with contractors and strategic partnerships helped his firm navigate through uncertain times.
The conversation also covers the intricacies of real estate development in the DC and Richmond areas. Harsh sheds light on the permitting processes and regulatory hurdles that vary between jurisdictions, emphasizing the importance of adaptability and contingency planning in this industry. He shares insights into how Dorado Capital is expanding its pipeline of residential developments, ensuring a steady flow of projects through 2027.
In this episode, Jeff Corbett of First Continental joins to discuss the state of land development financing, including the benefits of non-recourse loans, builder commitments, and key factors that influence successful development deals.
Lance Lambert of ResiClub joins both Ryan and Charles on the show to explain what’s happening in the housing market, from rising inventory to how builders are adjusting to current trends. We also explore the impact of institutional ownership and the future of build-to-rent communities.
In this week’s Week In Review episode, Ryan breaks down the US-China tariff pause, slowing home prices, a new tax proposal that could change investor strategies, and shifting trends in land buying and lot supply.