In this episode of Heavy Lifts Podcast, hosts Nat Borchers and AJ Nash sit down with Patrick Carney and Kelly McDonald, two investors who never planned to buy a mall, yet found themselves at the helm of Salem Center Mall, including the former Nordstrom building.
From unexpected real estate deals and pandemic fallout, to creative redevelopment ideas and downtown revitalization, this conversation explores the messy, risky, and inspiring side of investing in a city’s future.
They talk about how the deal came together “by accident,” what it means to be value buyers, and how they navigated massive uncertainty during COVID-19, all while staying committed to helping rebuild the heart of Salem.
In this episode:
• How a failed contract led to a major opportunity
• What “value buying” really means in real estate• How the pandemic reshaped their plans
• Behind-the-scenes of transforming Salem Center
• Trust, partnerships, and local impact
Heavy Lifts is for those who see what could be, and are willing to risk it all to make it real.
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