Beyond the Olympics: How Ivan Transitioned to Commercial Real Estate

Author Anica Petkovic Read bio
Date: July 30, 2024

Ivan Smiljanic’s journey from a Serbian Olympic rower to Partner of California based Innovation Properties Group is truly inspiring. Representing Serbia at the Olympics, Ivan now applies the same discipline to commercial real estate. With the Olympics currently underway, our conversation delves into Ivan’s unique path, his diverse experiences, and the ways his athletic background shapes his approach to real estate.

Early Beginnings

Ivan, can you tell us about your early life and how you got into athletics?

“Growing up in Belgrade, Serbia, I was always active and passionate about sports. I started rowing in high school, after 7 years of hard training in waterpolo and immediately realized it was my calling. The discipline, teamwork, and mental toughness required in rowing resonated with me deeply.”

What were some of the key moments in your athletic career that led you to the Olympics?

“Qualifying for the Olympics was a defining moment. I was only 18 years old when I raced there, which shaped my entire life’s attitude. Competing at the highest level in the world was both challenging and incredibly rewarding. The experience taught me invaluable lessons in perseverance and dedication.”

The Olympic Experience

What was it like competing in the Olympics?

“Competing in the Olympics was surreal. It’s the pinnacle of any athlete’s career. The sense of camaraderie and the sheer scale of the event are unmatched. It was an honor to represent my country on such a global stage.”

How did being an Olympian shape your discipline and work ethic?

“The rigorous training and competition schedules taught me the importance of hard work and consistency. These principles have been instrumental in my transition to the business world, where discipline and a strong work ethic are equally crucial.”

Ivan and Warner rowing

From Sports to Real Estate

What inspired you to transition from being a professional athlete?

“Life of a professional athlete is rewarding but after several tough injuries I realized I needed to find a better outlet for my energy. I was looking for a new challenge. After a 10-year stint in tech I wanted to attempt to build something from scratch. I partnered with Warner Bonner and we started Innovation Properties Group with a thesis to help companies with their real estate needs. Real estate intrigued me because of its dynamic nature and the significant impact it can have on the growth of companies. It was a field where I could apply my skills in strategy and teamwork.”

Were there any specific challenges you faced during this transition?

“Absolutely. Transitioning from sports to real estate was not easy. The industry has its complexities, and it took time to learn the ropes. However, my background in sports taught me resilience and adaptability, which helped me overcome these challenges.”

Applying Athletic Discipline to Real Estate

How have the skills and discipline from your sports career influenced your approach to real estate?

“The discipline and strategic planning from my rowing career directly translate to real estate. Whether it’s negotiating deals or managing projects, the focus and determination I developed as an athlete have been invaluable. I approach each challenge with a clear plan and the resilience to see it through, much like training for a major competition.”

Can you share any specific instances where your athletic background provided an advantage in real estate?

“One instance was a particularly tough negotiation. My experience in competitive sports taught me to remain calm under pressure and to strategize effectively. This mindset helped me secure a deal that initially seemed unattainable. The ability to stay composed and focused during high-stress situations has repeatedly proven beneficial.

Current Trends and Challenges

How has the pandemic affected the commercial real estate market, and what are your predictions for its recovery?

“The pandemic has reshaped the market significantly, pushing us towards more flexible workspaces and hybrid models. I believe recovery will focus on adaptability and resilience, with a greater emphasis on health and safety in building designs. This period has accelerated the adoption of new technologies and practices that I believe will continue to shape the industry for years to come.”

Advice for Aspiring Brokers

What advice would you give to athletes considering a career in commercial real estate?

“Treat real estate like training – be disciplined, set clear goals, and stay dedicated. Don’t shy away from leveraging your athletic network; many of the connections you’ve built can open doors in this industry. Remember, the determination that brought you success in sports can also drive your achievements in real estate.”

Are there any particular strategies you recommend for succeeding in this industry?

“To succeed in commercial real estate, it’s crucial to focus on continuous learning and adaptability. The market is always evolving, so staying updated on trends and being flexible in your strategies will give you an edge. Building genuine relationships is fundamental. Engage with clients and colleagues authentically, and prioritize long-term connections over quick wins. Also, never underestimate the power of mentorship. Learning from seasoned professionals can provide insights and guidance that textbooks can’t offer. Keep pushing your boundaries, just like you did in your athletic career.”

Olympics 2000, Sydney.
Olympics 2000, Sydney.

Future Goals

What are your future goals for IPG and your personal career in real estate?

“For IPG, I aim to continue expanding our portfolio and embracing innovative solutions that meet market demands. Personally, I want to mentor the next generation of real estate professionals and give back to the community through strategic developments. My goal is to drive growth while fostering a culture of innovation and excellence.”

How do you plan to stay connected to the world of sports and the Olympics in the future?

“I’m involved with the Northern California Olympians and Paralympians Association, which allows me to stay connected with the sports community. I also plan to support young athletes through various initiatives and partnerships. Staying engaged with the athletic world not only keeps me grounded but also inspires my work in real estate.”

Conclusion

Any final thoughts or messages you’d like to share with our readers, especially those interested in commercial real estate?

“Embrace challenges and use them as opportunities to grow. Whether in sports or real estate, perseverance and a positive attitude can lead to incredible success.

Remember, it takes passion, not mild interest.

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