EPS 166 UVA Alum co-founds a company to improve the availability, quality, and affordability of housing

HoosWhere Podcast

Housing costs in the United States are constantly rising.

Why that matters? Is because an increasing number of individuals and families continue to struggle to find quality and affordable homes today!

Jason Bordainick, our guest for today’s episode, and the co-founder of Hudson Valley Property Group, recognized this issue and addressed it. And sitting with us today, he’s talking about everything it took for him to identify the problem and remedy it.

Bordainick's entrepreneurial journey began at the University of Virginia, where he founded Off Campus Partners, a company that helped students find off-campus housing. After completing his MBA at Stanford, he founded Hudson Valley Property Group with his childhood friend, Andrew Cavaluzzi, with a focus on making sustainable improvements to affordable housing and providing a better standard of living for their residents.

Bordainick's journey shows that entrepreneurial success can come from identifying a need and providing a solution that serves both customers and investors.

In this episode, Jason Bordainick speaks about his decision-making experience and entrepreneurship. He discusses the strong sense of connection he feels to UVA's culture. He also discusses how he’s found a sense of community through athletics and the McIntire school

And in case you’re wondering, Bordainick's interest in entrepreneurship dates back to his childhood, where he was always fascinated with the idea of starting a company. He started a business during the dot-com bubble in 2000, until later navigating the challenges of raising capital during the bust and founding Hudson Valley Property Group.

Throughout this 40-minute conversation, Bordainick emphasizes the importance of finding the right partner and gaining experience along the way. He also touches on the negative perceptions surrounding affordable housing and how his company is working to change them. For aspiring entrepreneurs, Bordainick advises that businesses are built around solving a problem and making something better!

Episode Highlights:

• Identifying a need and providing a solution that serves both the customers and the investors is the recipe for entrepreneurial success.
• Finding a good partner is crucial to success in business.
• Balancing academics with social activities and extracurricular pursuits can lead to success both in and out of the classroom.
• Building relationships with professors and alumni can lead to valuable opportunities after graduation.
• Starting a business during a downturn can be challenging, but it's possible to bootstrap your way to profitability.
• Businesses are built around solving a problem and making something better.

Meet Jason:

Jason Bordainick is the co-founder of the Hudson Valley Property Group, a company he built with a vision to create a preeminent housing preservation firm, improving upon the availability, quality, and affordability of housing across the country. Jason is a recognized industry leader and applies his creativity, tenacity and business acumen towards building an impactful organization that achieves outstanding results for its partners – both for-profit and nonprofit, and the communities it serves. He leads the strategic direction for the firm and ensures each project, partnership and investment is structured for success.

Connect with Jason:

LinkedIn: https://www.linkedin.com/in/jason-bordainick-4b80861/

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