Bradley DiTeresi is a Kansas City businessman who has a background in international real estate focused on condominiums in Peru. An avid reader, Bradley DiTeresi enjoys works by seminal Catholic thinkers, as well as investment-focused books.
A recent Forbes article took stock of the US housing situation at the halfway point of 2019, with a focus on the best investment opportunities. One aspect of the equation that bears careful consideration is the jobs market, which, despite stock market growth, experienced only a 1.5 percent growth rate—the lowest in several years.
Overpriced markets, where actual prices exceed the local “income” price by more than 20 percent, are particularly primed for falls. These are currently led by Miami, where real estate prices exceed this threshold by 45 percent, and are followed by municipalities such as Phoenix, Denver, Salt Lake City, Austin, and the greater Los Angeles area.
One challenging city to get a read on is Las Vegas, where prices have increased by 13 percent year-on-year, which looks at first to be unsustainable. However, unlike in Miami, job and population growth are robust in Las Vegas, which could lead to further gains over the next couple years.
Other cities with strong economies and real estate growth potential include Nashville, Colorado Springs, Charlotte, and Atlanta. Cities that have displayed persistent weakness but are now up-and-coming include Philadelphia and Fresno, while cities such a Dallas, Sacramento, and San Jose appeared poised for a “soft landing.”
A longtime Kansas City entrepreneur, Bradley DiTeresi has a background in real estate. An avid reader, Bradley DiTeresi enjoys the works of leading Catholic thinkers, from St. Francis de Sales to Catherine of Siena.
One of only four women recognized as a doctor of the church, Catherine of Siena lived in the 1300s and was canonized in 1461. Having learned reading with difficulty and only starting to write as an adult, Catherine of Siena is best known for her Dialogue of Divine Providence.
Among her best-known concepts is the idea that love follows knowledge, which suggests that if one’s studies do not lead to an understanding and love for others, the knowledge gained is useless. At the same time, she held to the idea of forgiveness embodied in the saying, “God is more willing to pardon than we have been to sin.”
Among Catherine of Siena’s noteworthy attributes was the ability to develop sensitivity to others and an ability to be moved. As she saw it, saints’ tears are mingled with Christ’s own blood. Jesus himself was moved to tears in situations such as experiencing Mary and Martha’s grief and looking out on Jerusalem during his final days.
Bradley DiTeresi is a partner in a real estate development company in Peru and earned his MBA from the University of Missouri-Kansas City. A guitar enthusiast, one of his favorite guitars in his collection is a Gibson Les Paul electric. Bradley DiTeresi admires Gibson's continued ability to produce quality American made guitars.
Since 1894, Gibson has been making guitars that have become popular all over the world. In January 2019, it launched its new era as a revitalized and recharged company at the National Association of Music Merchants (NAMM) 2019 show in Anaheim, California. The GIBSON Experience at NAMM showcased an astonishing selection of new and old guitars where participants could choose and play the instruments in a relaxed environment.
From January 23-27, the GIBSON Experience also featured performances from established icons to new faces in the music industry playing their favorite Gibson guitars. Guest performers included Nancy Wilson of Heart, Lee Roy Parnell, Vivian Campbell of Def Leppard, and others. Gibson changed ownership in late 2018. It has a new leadership team led by James Curleigh, who was responsible for rejuvenating the Levi Strauss brand.
A graduate of the University of Missouri-Kansas City with an MBA in finance, Bradley DiTeresi is a partner in a real estate development company in Peru known as Casas Hof Constructora e Inmobiliaria. Personally, Bradley DiTeresi considers himself a practicing Catholic.
Essentially, living as a practicing Catholic means giving the assent of will and intellect to the teaching of the Catholic Church as given by Christ. Following the Church's moral teachings, including the Ten Commandments, provides the guideline for the practice of Catholicism, which preaches continual conversion and pursuit of virtue in becoming conformed to Christ.
The Catechism of the Catholic Church also outlines five precepts for practicing Catholics. The first four precepts cover areas such as attending Mass on Sundays and other holy days of obligation, participating in the sacrament of confession, receiving the Eucharist, and abiding by rules of abstinence and fasting.
The fifth precept requires that practicing Catholics contribute to the needs of the Church. This obligation encompasses financial contributions as well as support in other areas, according to the abilities and situation of each individual.
An experienced research analyst in the financial industry, Bradley DiTeresi also serves as a partner in Casas Hof Constructora e Inmobiliaria, a Peruvian real estate development firm. As a practicing Catholic, Bradley DiTeresi draws peace from spending a weekly hour of adoration before the Blessed Sacrament.
When you spend an hour before the Blessed Sacrament, one way you can devote that time is by making a holy hour of reparation. This tradition originates with the request Jesus made for the apostles to watch and pray for a time with Him in the Garden of Gethsemane.
More specifically, however, the holy hour of reparation comes from the apparitions of Jesus to St. Margaret Mary Alacoque from 1673 to 1675. In these private revelations, she received the message of the love of Jesus' Sacred Heart for humanity and also specific requests, such as to pray an hour of reparation for sin.
When you make the holy hour of reparation, focus on uniting yourself with Jesus in His suffering and beseeching mercy for sinners. You can also find various booklets for this purpose that provide you with specific prayers and intentions to make throughout the devotion.
A partner with Casas Hof Constructora e Inmobiliaria, Bradley DiTeresi leads a real estate development company that builds condos in Peru. Bradley DiTeresi also contributes to several charitable organizations, including the Lupus Foundation of America, which recently announced a partnership to perform stem cell research.
The Lupus Foundation of America is partnering with the National Institute of Allergy and Infectious Diseases (NIAID) to fund a study that will assess whether mesenchymal stem cells (MSC) can serve as an effective treatment for lupus. NIAID will support the phase II study for five years, beginning with $720,000 in year one. The Lupus Foundation has already committed $3.8 million to the five-year study.
In addition to contributing to the knowledge base of whether MSCs hold promise as an effective treatment for lupus, the study will help researchers determine whether these cells reduce the long-term effects of lupus or the need for steroids and other medications, which sometimes cause harmful side effects. With this study, researchers hope to find a treatment that proves effective at curbing the debilitating symptoms of a disease that affects millions of people throughout the world.
A finance professional based in Kansas, Bradley DiTeresi gives back to his alma mater, the Henry W. Bloch School of Management at the University of Missouri-Kansas City. Bradley DiTeresi also contributes to Unbound, formerly the Christian Foundation for Children and Aging.
Based in Kansas City, Kansas, Unbound is a Catholic organization that collaborates with individuals of various faiths in 18 countries to address poverty in innovative ways. The organization allows donors to show their solidarity by sponsoring children or seniors in underdeveloped areas around the world. With a contribution of $36 per month, donors can help recipients lead their families out of poverty.
In addition to receiving financial assistance, sponsored individuals benefit from the knowledge of on-site staff, who help them make the most of their funding. Some families may require instruction in nutrition, health care, and small business ownership. However, understanding that each family is unique, Unbound allows families the autonomy to use the funding provided by sponsors as they see fit.
Moreover, families are gathered together in groups of 10 to 15, ensuring these families strengthen each other and hold each other accountable. With this approach, the funding provided by sponsors has a stronger impact on each family and on the community as a whole.
A graduate of the University of Missouri at Kansas City’s MBA program, Bradley DiTeresi works as a financial professional in Kansas. Bradley DiTeresi supports several nonprofit organizations, including the Lupus Foundation of America.
The only national organization that seeks to solve the mystery of lupus, the Lupus Foundation of America raises funds to improve the quality of life for those who have lupus through advocacy, education, research, and support. It also seeks to reduce the diagnosis time, ensure those with lupus have safe, effective treatments, and expand services, treatment, and care.
Those interested in donating to the organization can do so through a variety of means, including:
* Donating stock. People who donate stock do not need to pay capital gains taxes, sales commissions, or brokerage fees. Financial advisors or brokers can assist with this type of donation.
* Giving a vehicle. The organization accepts trucks, boats, cars, or RVs. Depending upon the value, donors may qualify for a tax deduction.
* Planning a fundraising event. Individuals can create their own unique event to raise funds for lupus research and education, based around interests like biking, cooking, or running.
* Contributing funds. With a year-end tax-deductible donation, people can support lupus research. They also can opt to make a monthly donation.
A financial professional who is developing a housing project in Peru, Bradley DiTeresi also enjoys training dogs. The two dogs in Bradley DiTeresi’s household include a rat terrier mix.
Legend has it the rat terrier breed was named by Theodore Roosevelt, who used them to rid the White House of rats. Created by 19th century Americans from other terrier varieties, they are energetic dogs and indeed adept at killing rodents.
Excellent farm dogs, rat terriers are best matched with active families who have older children. Their small size appeals to apartment dwellers, but they need to be walked twice a day and given plenty of time to socialize and exercise in a yard.
Enclosures should include a tall fence that goes deep into the ground; rat terriers can jump very high and burrow rapidly. An independent breed, if they escape the leash while being walked, they will run off despite your commands.
Even so, they make good family pets and reliable watchdogs. The breed warms up to people they know and is among the more trainable terriers, if instructed early.
An MBA graduate of the University of Missouri-Kansas City, Bradley DiTeresi serves as a partner at Casas Hof Constructora e Inmobiliaria, a development firm constructing condominiums in Peru. Apart from his everyday work life, Bradley DiTeresi supports the efforts of the Lupus Foundation of America.
Earlier this year, the Lupus Foundation of America launched a new online initiative, the National Resource Center on Lupus, which will serve as the organization’s most comprehensive reference on the disease. One of the primary goals of the Resource Center will be to give individuals with Lupus access to the most current information about the disease, as well as resources to help care for their mental and emotional health.
Located at www.resources.lupus.org, all of the information has been classified so that it can be searched easily, whether via keyword, topic, or some other parameter. Additionally, those in the health care field will be able to find some of the most recent research and medical information about advances in lupus care through the Resource Center.
Bradley DiTeresi completed his undergraduate degree in psychology from the University of Kansas and pursued graduate studies in business administration at the University of Missouri-Kansas City (UMKC).