Insights

Technology

Derek discusses his vision on how smart closets should be more like automated retrieval systems, and how they can improve multifamily buildings. The technology already exists in automated self storage and parking systems- it just needs to be shrunken down ...
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Derek spotlights 3 relatively young (under 5 years old) proptech companies that have the potential to make huge waves in the real estate industry: Social Construct, Cloud Kitchens, and Built Robotics ...
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First time house flippers already have to face a lot of competition in a heated single family home market. They also have to compete with legions of other hopeful house flippers looking to get started. But there's an even bigger threat looming ...
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In our first proptech spotlight, Derek does a deep dive into the Latch smart access control company and its products. He starts with an interview with Ryan F. Flynn, then shows the install process of the M-series and R-reader in our current project in Brooklyn, and reviews their functionality ...
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Proptech makes up a huge portion of VC investment these days, but the real estate industry remains notoriously difficult to disrupt. Derek breaks down why this is the case by talking through everything that would be required to create a truly disruptive building that changes the way the industry would ...
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What did we do when we didn't have enough sunlight in our lower floors at 424 W 47th St? We created our own! ...
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I'm very proud to announce that YD Development has just started construction on 424 W 47th St, partnering with Common Living to deliver their first home in core Manhattan. For this project, we wanted to provide a careful balance of ergonomics, efficiency, aesthetics, and community with, of course, budget. There ...
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I've been talking the talk about Green Technology for a long time, and, having recently started YD Development with Yoori Oh, I took my first steps in walking the walk. Not surprisingly, it's easier said than done. But real estate development is mostly about problem solving, so we are tackling the ...
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Real Estate Development is a highly conservative industry, driven mostly by relationships, handshakes, politics, and money. The scene is dominated by alpha males oozing charisma, and the most successful developers have mastered the art of outmaneuvering their competition in the quest to erect the biggest and best phallus in the skyline ...
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Lately I've been seeing a lot about Blockchain in my LinkedIn news feed. It sounded like a gimmicky tech buzz word, but after seeing it appear for the umpteenth time, I decided to finally learn what it is. It's pretty neat, and you, too, can understand the basics by watching these two ...
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Discussions in Real Estate

Derek shares why YD chose Atlanta as one of our top 5 target markets in the US to invest in, and then interviews Jimmy Chen, an Atlanta real estate developer. Jimmy shares his strategy that specializes in Section 8 rentals ...
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The Biden campaign has laid out some clear policy guidelines on a number of real estate issues. We did an analysis of each issue and its potential impact to residential real estate ...
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Trump and Biden are on the opposite sides of 5 issues that will affect residential real estate across the country ...
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Derek does a deep dive into the NYC fiscal year 2021 budget. There's a lot of risks buried in the details indicating that we have a rocky recovery ahead ...
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NYC real estate is crashing! People are fleeing and inbound migration is not filling the vacancies, resulting in falling rents and real estate prices. Here's why we think the recovery could take a while ...
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We are doing an in-depth analysis of national and regional residential real estate data to get a clearer picture of what happened in the last 6 months in the US housing market. As a companion to a white paper we're publishing, this video kicks off the series of what the ...
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Derek Hsiang and VisionaRE Partners founder Sterling Jawitz discuss Coliving Investment and understanding the extra development costs, operating costs, and other considerations that developers and owners new to coliving should be aware of before taking on a coliving project. We also fast forward to coliving's future and what technologies we'd ...
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In light of the recent protests, we want to start a dialogue with our colleagues in the real estate industry about how we can enable positive social change/ responsibility through the work we do. Derek asks and gives his answers for the following four questions: 1) What aspect of real ...
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We're pleased welcome our first guest, Chris Brodhead of B6 Real Estate Advisors on The Real Estate R/Evolution, our show where we make up games based on random skills we pick up as real estate developers and play them with professionals in the industry. Afterwards, we do serious interviews to get their insights on where ...
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What do NYC real estate developers do when we're quarantined and bored? We make up stupid games where we test each other about whether we still remember where things are in Manhattan. There are 2820 intersections in Manhattan and we try to guess which one from a street view screen ...
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Real Estate for Noobs

Derek discusses how his stance on affordable housing changed over time, and evolved into the core of YD's mission statement ...
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In part 2 of Derek's reflection on how he got into real estate, he shares 3 things that would've helped him out if he knew it before getting into the business ...
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Derek reflects on his path into real estate and how he would do a 'career speed run' if he had to start over from high school and wanted to become a developer as fast as possible ...
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Coliving is a relatively new term slapped on the age-old concept of living with roommates. YD Development has developed over 100 coliving beds in NYC and have developed best practices as coliving has matured into a legitimate new real estate asset class. Derek covers everything you need to know about ...
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Derek explains how members of a private equity cap stack are paid out in a waterfall profit distribution with a typical real estate example. This is critical knowledge in structuring commercial real estate deals with debt and outside equity. And it illustrates how General Partners (GP's) and Limited Partners (LP's) ...
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In this lesson of Real Estate for Noobs, Derek breaks down the Cap Stack, or Capital Stack, which, in real estate and private equity deals, illustrates how a project is financed between debt and equity. Derek also dives into what role real estate developers have in this stack, and the ...
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Which is better? To use all cash to pay for a property or to leverage debt to buy something bigger? In this episode of Real Estate for Noobs, Derek explains how and when to use debt strategically to boost your income, and what the dangers of debt are if you ...
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Derek shares all his secrets to what led to him partnering with Yoori to form YD Development and purchase an $8m townhouse as our first project ...
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The IRR (Internal Rate of Return) is a frustrating concept to learn because it's often taught using a very confusing definition. Derek explains the IRR using a definition we haven't seen anywhere else, using practical experience with how the metric is used in the real estate industry ...
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In this episode we build on the relationship between NOI, Cap Rate, and Valuation to explain how to increase property valuation by boosting NOI. These tactics are the basic foundations we look for when deal hunting ...
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