Roman Pedan is the Chief Executive Officer of Kasa Living, Inc., a flexible accommodations brand he founded in 2016.
Roman has over a decade of experience in real estate investing and technology entrepreneurship. He was an early team member at KKR's Real Estate Private Equity group where he worked on hotel transactions totaling $1.2 billion across the U.S. and was involved in every hotel transaction that KKR closed during his tenure. Roman was also an early team member at Juniper Square, a market-leading investment management platform, and was the founder of a startup called book.ly, a profitable, vertical e-commerce website that sold more than $15mm of textbooks.
In this episode, Brandon and Roman discuss:
- Bridging Computer Science and real estate
- Building Kasa Living
- Trends in hospitality
Links:
Kasa Living)
Roman on LinkedIn)
[email protected]
Brandon on LinkedIn)
Juniper Square)
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Topics:
(00:00:00) - Intro
(00:01:12) - Introducing Roman and Kasa
(00:04:02) - Roman’s career
(00:08:02) - Bridging computer science and real estate
(00:11:27) - Building Kasa
(00:23:09) - Kasa’s metrics today
(00:26:48) - How do you optimize for success between Kasa and the owner/landlord?
(00:30:28) - How do your management contracts work with owners?
(00:32:19) - Why does Kasa work in a hotel?
(00:36:34) - What trends have you seen in hospitality over the lifetime of the business?
(00:40:57) - Do you face any regulatory challenges?
(00:44:54) - Do your properties operate as both multifamily and hospitality?
(00:46:39) - Where does Kasa fit in the OpCo/PropCo model?
(00:51:23) - What are you looking forward to most over the next 12 months?
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