After more than 40 years in commercial real estate, developer, broker, and general contractor Paul Frank shares why he is shifting away from ground-up development and focusing on brokerage and coaching the next generation of operators.

In this conversation, Paul and Saul break down what has changed in development economics, entitlement timelines, and permitting costs. From six-figure permit fees to multi-year approval delays, they explore why demand for certain asset classes is strong while new supply remains constrained.

They also discuss where opportunity still exists in today’s market, including light industrial shortages, commercial condo strategies, and the long-term value of drive-through retail sites.

In this episode, you’ll learn:

• Why entitlement timelines and permitting costs are reshaping development
• How developers can adapt by shifting strategy and roles
• The growing supply-demand gap in light industrial real estate
• Creative value-add approaches like commercial condo conversions
• Why drive-through retail sites remain a resilient investment

If you want a grounded, real-world perspective on what is actually happening in development today, this episode delivers decades of hard-earned insight.

Connect with Paul:

• Email: paul@pdf-usa.com
• Instagram: https://www.instagram.com/paulfrankpdf/
• LinkedIn: https://www.linkedin.com/in/paulfrankpdf/
• Web: https://www.pdf-usa.com/

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