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Building Beyond Brick & Mortar

Ankit Lodha, Founder, LA Empire, speaks about what Real Estate means to him, from a piece of land to people’s dreams, he speaks about his journey & vision

BY ANKIT LODHA
25th November 2024
Building Beyond Brick & Mortar

Real estate has always been more than a numbers game for me; it’s been about creating value, opportunity, and something tangible that leaves an impact. When I entered the market, I wasn’t just looking to flip houses or buy properties to hold for appreciation. My goal was to invest in experiences - spaces that bring stories to life and create lasting impressions.

One particular project early in my investment journey stands out as a defining moment. I had come across a sprawling but neglected piece of real estate on the outskirts of Princeton, New Jersey. The property had potential written all over it, with tall oak trees framing the perimeter, a scenic pond at the centre, and a house with an architectural charm that whispered tales of the past. However, to others, it was nothing more than an outdated liability. Most investors would have walked away after seeing the repair estimates and the lack of immediate income potential. But for me, the property was a canvas waiting to be painted. I wasn’t just buying land or a house — I was investing in a vision.

I imagined the estate not just as a residence but as a luxury vacation retreat — a sanctuary where families could disconnect from the noise of their daily lives and reconnect with each other. I envisioned evenings spent by the pond, mornings on the deck with fresh coffee, and children playing under the oaks. That vision drove me to make the bold purchase, even when others questioned the decision.

The process came with it’s own challenges. Renovating the estate was an exercise in precision, patience, and creative problem-solving. Every setback—be it a design issue, budget adjustment, or construction delay—was an opportunity to refine my vision and focus on the bigger picture. With each passing day, the property transformed from an old, forgotten structure into a luxurious haven filled with modern amenities and timeless charm.

When the estate was finally ready, the response was overwhelming. Guests began booking months in advance. Families celebrated milestone events there, couples found respite from the bustle of city life, and travellers raved about its beauty. The estate quickly became one of the most sought-after destinations in the area, earning accolades and securing its place as a cornerstone of my portfolio.

But the most rewarding part wasn’t the financial returns. It was seeing the joy and connection the property brought to people. It taught me that real estate isn’t just about buildings or locations; it’s about creating spaces that inspire and bring people together.

This philosophy has guided every investment I have made since that day. Whether I am acquiring a city apartment for young professionals, a family-friendly home near top schools, or a high-end vacation rental, I approach each deal with a focus on the experience it will create. Today, my portfolio spans multiple cities, from Boston to Miami, and includes everything from student housing to luxury estates. But what keeps me motivated isn’t just the growth of the portfolio—it’s the stories I get to be a part of through my investments.

For me, real estate isn’t just a business; it’s a legacy. It’s about turning overlooked opportunities into extraordinary spaces. It’s about taking risks, embracing creativity, and having the vision to see what others might miss.

And, while the numbers will always matter in this industry, what drives me is the knowledge that behind every investment is the potential to create something meaningful—something that outlasts the bricks and mortar and becomes a cherished part of someone’s journey. Real estate is more than an asset class; it’s an art. And every property is a chance to tell a new story.

  • TAGS :
  • #backbeat
  • #LA Empire
  • #Ankit Lodha
  • #Real Estate
  • #American Real Estate
  • #IMPACT BackBeat
  • #Stories of Founders

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