Latest news with #AliceChen
Yahoo
07-08-2025
- Business
- Yahoo
Disrupting the 4.8M Home Deficit: Alice Chen Clears the Path for Smarter Homebuilding
Alice Chen, Partner and U.S. Lead at Pender Hastings Capital, joins Karla Jo Helms on Disruption Interruption to share how private equity is tackling the U.S. housing deficit by bypassing systemic bottlenecks and accelerating land development and home-building TAMPA BAY, Fla., Aug. 7, 2025 /PRNewswire/ -- A staggering 4.8 million single-family homes are needed to meet America's current housing demand, but systemic inefficiencies have kept progress at a standstill. Alice Chen, a bold entrepreneur with a cross-industry background and the Partner and U.S. Lead at Pender Hastings Capital. On this week's episode of Disruption Interruption, hosted by Karla Jo Helms, Alice shares an innovative way to address this crisis. Her firm leverages private equity to bypass bureaucratic delays and puts land development on the fast track, ensuring homebuilders can work smarter, not harder. "Real estate is increasingly a bigger problem," Chen explains, "but with the right thinking, we can unlock its true potential." Disrupting Real Estate Norms America's housing crisis is no longer just about supply. It's a complex system-wide issue, driven by decades of underbuilding and inefficiencies exacerbated after the 2010 financial crisis. Even the country's leading home builders, like D.R. Horton and Lennar, are unable to meet demand. Together, the top 50 U.S. home builders would still need over 10 years to bridge this gap, even at maximum capacity. "There's a 4.8 million deficit in single-family homes," Chen reveals during the conversation. "To put that into perspective, America's top home builder constructs about 90,000 homes annually. At this rate, it'll take decades to meet demand." Fueled by changing demographics, increasing costs, and affordability issues, this shortage continues to impact millions of Americans. Younger families struggle to enter the housing market, while communities face reduced tax revenue and fewer opportunities for economic growth. "The ripple effects of this housing gap touch every part of our economy," Alice explains. A Scalable Path Forward Rather than following traditional real estate approaches, Alice has charted a new course through land entitlement and horizontal development. These early stages of land preparation involve securing building permits and creating infrastructure like roads and utilities, steps that are typically a bottleneck in the housing supply chain. "My background in corporate law and relentless curiosity led me to discover land development as a unique lever for change," Chen shares. "It's paperwork-heavy, but it's an opportunity to transform raw land into buildable lots efficiently, cutting through bureaucratic delays." Pender Hastings Capital created a fund exclusively focused on this scalable land development strategy. By partnering with best-in-class land developers and national homebuilders, they ensure lots are ready faster, ultimately helping the market meet demand. "When you combine the innovation of forward purchase contracts with our private equity expertise, you unlock a real estate strategy that others haven't touched," Chen explains. "We're not just chasing profits; we're solving a systemic issue. That's the kind of disruption real estate needs." Links Disrupting the 4.8 Million Home Deficit: A Scalable, Investable Path Forward with Alice Chen LinkedIn: Company Website: Disruption Interruption is the podcast where you will hear from today's biggest Industry Disruptors. Learn what motivated them to bring about innovation and how they overcame opposition to adoption. Disruption Interruption can be listened to in Apple's App Store and Spotify. About Disruption Interruption™ Disruption is happening on an unprecedented scale, impacting all manner of industries— MedTech, Finance, IT, eCommerce, shipping, logistics, and more—and COVID has moved their timelines up a full decade or more. But WHO are these disruptors and when did they say, "THAT'S IT! I'VE HAD IT!"? Time to Disrupt and Interrupt with host Karla Jo "KJ" Helms, veteran communications disruptor. KJ interviews badasses who are disrupting their industries and altering economic networks that have become antiquated with an establishment resistant to progress. She delves into uncovering secrets from industry rebels and quiet revolutionaries that uncover common traits—and not-so-common—that are changing our economic markets… and lives. Visit the world's key pioneers that persist to success, despite arrows in their backs at About Alice Chen Alice Chen is reshaping how America solves its housing crisis—not through policy, but through private equity innovation. As Partner and U.S. Lead at Pender Hastings Capital, she's helping unlock land at scale by bypassing bureaucratic bottlenecks and partnering directly with developers to accelerate lot delivery and home construction across North America. With a background spanning corporate M&A law, fintech insurance, consumer goods, and even international wine trade, Alice brings a multidisciplinary edge to real estate and capital strategy. She has founded, scaled, and exited multiple companies over the past 15 years, earning recognition as a BIV Top 40 Under 40 and being featured in outlets like Forbes, The Wall Street Journal, Canadian Business, and Success Magazine. Today, she's also the founder of LegacyLift Systems, which builds AI-powered automation workflows for private equity and real estate funds. A bold investor and systems thinker, Alice is driven by one belief: disruption doesn't wait for permission—it targets what others ignore. About Karla Jo Helms Karla Jo Helms is the Chief Evangelist and Anti-PR® Strategist for JOTO PR Disruptors™. Karla Jo learned firsthand how unforgiving business can be when millions of dollars are on the line — and how the control of public opinion often determines whether one company is happily chosen, or another is brutally rejected. Being an alumnus of crisis management, Karla Jo has worked with litigation attorneys, private investigators, and the media to help restore companies of goodwill into the good graces of public opinion — Karla Jo operates on the ethic of getting it right the first time, not relying on second chances and doing what it takes to excel. Helms speaks globally on public relations, how the PR industry itself has lost its way, and how, in the right hands, corporations can harness the power of Anti-PR to drive markets and impact market perception. Media Inquiries:Karla Jo HelmsJOTO PR™ 727-777-4629 View original content to download multimedia: SOURCE Disruption Interruption Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
25-04-2025
- Business
- Yahoo
Popular Canadian Asian grocery chain to open in Irvine next year
Canada's largest Asian grocery chain is continuing its expansion into California with plans to open a new location in Irvine early next year. It will be among the first storefronts in the state for T&T Supermarket, which has more than 33 stores in Vancouver, Toronto and other Canadian cities. The supermarket is popular in Canada for fresh produce and a variety of hot food cooked on site, including Asian street food and staples such as Peking duck. The store in Irvine will also offer Asian wines and spirits and T&T private label products. Its bakery will sell viral Asian treats, including lava mochi puffs and Napoleon Portuguese egg tarts. Orange County's 34,000-square-foot T&T Supermarket will anchor a new restaurant and retail development in the Great Park community called the Canopy at Great Park, according to a statement from the company. The Canopy, which is being built by Southern California real estate developer Almquist, will feature 90,000 square feet of shopping, dining and public space. Read more: Jonson and Alice Chen: The new generation for 99 Ranch The location is slated to open in winter of 2026, the chain said. The first U.S. location opened in Bellevue, Wash., in December 2024, and the company also has plans to open stores in San Francisco and San Jose by the end of next year. "Ever since we announced our U.S. entry, we have been getting customer requests all across the United States," T&T Chief Executive Tina Lee said in a statement. "I know T&T may not be well-known in Irvine, but we are excited to surprise our shoppers with a unique shopping experience." Irvine's T&T is likely to face competition, as popular Asian markets including H Mart and Mitsuwa Marketplace are already established in the area. Shoppers can also frequent 99 Ranch and Zion Market, both of which have stores in Irvine and other locations in Southern California. Irvine's population of more than 300,000 is nearly 45% Asian. T&T Supermarket first opened in British Columbia in 1993 and is currently run by the founder's daughter, Lee, who took over in 2014. Canadian retailer Loblaw Companies acquired the chain in 2009, though it is operated as an independent subsidiary. Sign up for our Wide Shot newsletter to get the latest entertainment business news, analysis and insights. This story originally appeared in Los Angeles Times.
