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Nino Pedrelli, Principal, State Street Realty Advisors
Why did you decide to make the investment as a governor, and why is the Foundation’s work important?
I’ve always been interested in not only the day-to-day parts of real estate, but the forward-thinking aspects – and that’s the focus of the Foundation. For an industry as important as ours, you need a group that not only addresses immediate trends, but puts strategic thought into issues coming down the pike 5 or 10 years from now.
What keeps you up at night?
At this point in my career, not a lot! I guess being left exposed to a disruption that could come in the form of interest rate spikes, etc. It’s tough to ask someone in real estate this question, because if something’s keeping them up at night, they probably shouldn’t be in this business.
What are you most optimistic about?
The innovation in our industry, and the ability to adapt to disruptions that are coming.
What’s the best piece of professional advice you’ve ever received?
There are two: “If you want a piece of the pie, you have to cut it yourself,” and “Whatever you’re doing, do your best.”