December 11, 2008
“Outperform the expected” is both the company motto and Ivanoff’s personal philosophy, which is reflected in a unique combination of research and analytics, highly disciplined management and entrepreneurial spirit. Under his leadership, Schnitzer West has become recognized for creating innovative workplaces and living spaces, for delivering superior-to-market returns and for its value-creation approach to property management.
Ivanoff gets personal
1. If you had $5 million of pocket change, where would you invest it?
Follow Warren Buffett’s lead and buy the same stock equities that he just acquired.
2. Where is your favorite place to travel?
Western and Eastern Europe.
3. Who’s your favorite musician?
It’s a toss-up between Tom Petty and the Heart Breakers and Van Halen (David Lee Roth only).
4. Worst mistake in real estate?
Developing one apartment project in south Everett which was economically successful versus using the same capital to develop five projects in better locations with better demand demographics and realizing that south Everett would not be one of the five identified better located submarkets.
5. What Northwest building do you miss most?
I’m too darn young and youthful in appearance at 51 years old to answer that question, but if you would like me to answer what building you would like me to see gone, I can answer that question.
Ivanoff holds two master’s degrees from the University of Colorado and a bachelor’s degree from the University of Idaho. He volunteers his time as guest faculty at both the University of Colorado and the University of Washington Real Estate program, serves on the advisory board of the Fisher Center for Real Estate & Urban Economics at the University of California at Berkeley and teaches law seminars on commercial real estate.
Ivanoff also shares time and resources with community and industry organizations. He has served on the executive boards of the Urban Lands Institute and NAIOP and is a member of the national Real Estate Roundtable.