Lance Armstrong, from cycling to real estate

Posted by: Peter Coy on October 30, 2009

Lance Armstrong Headshot (BlackWhite).JPG
Seven-time Tour de France champion Lance Armstrong is going into commercial real estate. According to a news release today:

Armstrong … has joined with longtime agent Bill Stapleton and business manager Bart Knaggs to form CSE Realty Partners, a privately-held real estate investment company based in Austin, Texas. The trio, responsible for directing more than 20 successful enterprises since 1995 … have recruited 20-year real estate industry veteran Lance Sallis to lead the new company.

As if that’s not enough athletic ability for one real estate company, the team will also include Patrick Jeffers, a former NFL wide receiver who played for the Denver Broncos Super Bowl XXXII Championship team.

Armstrong is a natural-born entrepreneur. He’s also co-founded businesses ranging from hotels to artist management to live events to a bicycle shop to LiveStrong.com.

Note to the Austin real estate community: Do not, repeat not, accept an invitation to play these guys in any “friendly” game you can think of.

Reader Comments

biddido

October 30, 2009 05:50 PM

This guy just does not run out of ambition.

UpdateDallas

November 2, 2009 11:10 AM

Alright! We just featured a triathlete agent and her insight about healthy neighborhoods in Dallas - www.updatedallas.com.

Joshua Dorkin

November 2, 2009 02:42 PM

Winners know what it takes to win in any circumstance. Armstrong and company should be a winning team to look out for!

Thank you for your interest. This blog is no longer active.

 

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BusinessWeek editors Chris Palmeri, Prashant Gopal and Peter Coy chronicle the highs and lows of the housing and mortgage markets on their Hot Property blog. In print and online, the Hot Property team first wrote about the potential downside of lenders pushing riskier, "option ARM" mortgages and the rise in mortgage fraud back in 2005—well ahead of many other media outlets. In 2008, Hot Property bloggers finished #1 in a ranking of the world's top 100 "most powerful property people" by the British real estate website Global edge. Hot Property was named among the 25 most influential real estate blogs of 2007 by Inman News.

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