#114 - Adapting Your Business in Real Time w/ Ricky Beliveau

A Real Estate Addicts regular Ricky Beliveau is back to discuss navigating development challenges during rising interest rates, including creative funding solutions that kept major projects like his 173-unit Worcester build on track. He details the growth of his various companies—from development to brokerage to property management—and explains how market shifts have pushed him toward single-family luxury projects and affordable-housing partnerships. The conversation also dives deep into the difficulties of entitling projects in Boston, construction-cost realities, and the tightening multifamily market. Overall, Ricky provides an inside look at adapting strategy and structure to survive a volatile real estate environment.