Commercial Real Estate Pro Network

BIGGEST RISK with Joe Caltabiano

J. Darrin Gross: If you're willing, I'd like to ask you, Joe Caltabiano, what is the BIGGEST RISK?   Joe Caltabiano: So in real estate, you know, I think the number one risk as you're looking to grow a real estate portfolio is access to capital. And that access can come in the form of equity or debt. But you know, as you have tightened tightening of free cash flow for people, maybe their investment dollars are a little smaller. And as we sit as a private REIT, unlike a public company...

Commercial Real Estate Buyer Financing Options in 2024 with Kamyar Rezaie - CRE PN #463

Today, my guest is Kamyar Rezaie, a UCLA Economics graduate. He's been a driving force in real estate industry for over 20 years, beginning in real estate or excuse me residential real estate before transitioning into commercial in 2008. And in just a minute, we're going to speak with Kamyar Rezaie about commercial real estate financing options in 2024.

BIGGEST RISK with Kamyar Rezaie

J Darrin Gross If you're willing, I'd like to ask you, Kamyar Rezaie what is the biggest risk?   Kamyar Rezaie The biggest risk, which I see is because I faced in 2000, era eight era where the banks basically got hit hard, no one had money, first on the bank side or on the on consumer side. So the biggest risk in my industry is if the banks don't lend anymore, you know, then everything comes to a halt. And there will be no movement, you know, and you know, we always need money even a...

Real Estate on Your Terms in 2024 with Zachary Beach - CRE PN #462

Today, my guest is Zachary Beach. Zachary is a returning guest and is an Amazon Best selling author of The New Rules Real Estate Investing, and the co host of Smart Real Estate Coach Podcast. He's a partner, the CEO and a coach at Smart Real Estate Coach. And in September 2020, they re re released revised edition of the Real Estate On Your Terms book, which has Zachary co authored. And in just a minute, we're going to speak with Zachary Beach about real estate on your terms, making real esta...

BIGGEST RISK with Zachary Beach 2024

J Darrin Gross And so if you're willing, I'd like to ask you, Zachary beach. What is the biggest risk?   Zachary Beach Yeah, I'm glad you brought that like, it's interesting the way you walk through all that, because that's essentially what we're trying to do is minimize risk as much as possible. Warren Buffett always said that they all make all the best investors out there, not specifically real estate, look to minimize the downside and maximize the upside. And I think that's exactl...

Multifamily Syndication Risk and Sponsor Learned Solutions with Darin Davis - CRE PN #461

Today, my guest is Darin Davis. Darin is a real estate leader with 20 plus years of experience and has led through market shifts with over a billion and projects. And he's co founded Club Capital. And in just a minute we're going to speak with Darin Davis about Multifamily Syndication opportunities in 2024.   

BIGGEST RISK with Darin Davis

J Darrin Gross: I'd like to ask you, Darin Davis. What is the biggest risk?  Darin Davis: Yeah, and it's not a black and white answer. So and I get asked this question. You know, a few times but and it's I look back the the biggest risk personally for me was if I didn't take any, okay, the fear, I accepted the risk by doing my first few deals, knowing I probably was not going to make a ton of money. All right, I just, and I accepted that personally, mentally, emotionally. Because I sa...

Revitalizing Las Vegas Midtown Arts District with Anna Olin - CRE PN #460

Today, my guest is Anna Olin. Anna is one of the pair of the pioneers of Z Life Sustainable Luxury Real Estate, originating the English Hotel in Las Vegas. And they are renowned for their innovative M8Trix Model. And in just a minute, we're going to speak with Anna Olin about Z Life's newest initiative, Midtown; revitalizing downtown Las Vegas.

BIGGEST RISK with Anna Olin

J Darrin Gross If you're willing, I'd like to ask you Anna Olin, what is the BIGGEST RISK? Anna Olin Yeah, thanks. Well, I will make sure my insurance broker is listening to this with this podcast as I as I answer this, which actually I have Have a great relationship with my insurance broker shout out to John, he's been awesome for us. So I do actually love him. You know, I think in the industry as a whole, we always see the biggest, I think risk is the cost risk, right, and the cost o...

Leisure Suit Inventor to Bowery Hotel Real Estate Developer Gerald Rosengarten - CRE PN # 459

Today, my guest is Jerry Rosengarten. Jerry is the real estate developer who came up with the idea and build new york city's iconic Bowery Hotel. And he's an author of the book Jump on the Train, Dyslexic Entrepreneurs 50 Year Ride from the Leisure Suit to the Bowery Hotel.

BIGGEST RISK with Gerald Rosengarten

J Darrin Gross I’d like to ask you, Jerry Rosengarten, What is the BIGGEST RISK?   Gerald Rosengarten If you own real estate, you're always at risk. Always. Somebody falls on your property somebody else there's a fire These are the things that you're going to always be risk. As far as the biggest risk is building the real estate. To build it, catastrophic things can happen. I had a crane fall in a building I was building Bowery, another building that was built. Seven, also a 17 story...

Real Estate Investment Strategy for Retirement with Zach Lemaster - CRE PN #458

J Darrin Gross  and Zach Lemaster discussed a turnkey investment strategy for single-family and small multi-family properties in the southeast US, highlighting low acquisition costs and potential for cash flow. J Darrin Gross and Zach Lemaster then explored strategies for creating a retirement income through real estate investing, including leveraging depreciation and creative financing options. They emphasized the importance of reverse engineering the investment strategy and maximizing real...

BIGGEST RISK with Zach Lemaster

J Darrin Gross I'd like to ask you Zach Lemaster, what is the BIGGEST RISK?   Zach LeMaster Oh, man, we're gonna get deep here for a sec. Darrin, I'm gonna get on my soapbox. But the biggest i and this is investing in general, buy, I truly feel this isn't this cliche, I truly feel that the biggest risk is doing nothing with your money, and not not paying attention to it. Because if you want to live the same life you're living now later in life than that, that's what you can do, right...

Tax Benefit Commercial Real Estate Investing in Opportunity Zones with Ashley Tison - CRE PN #457

Today, my guest is Ashley Tison. Ashley is an attorney, professional speaker and a founder of OZ Pros, a full service opportunity zone advisory firm. And in just a minute we're going to speak with Ashley Tison about Opportunity Zones for real estate tax mitigation.

BIGGEST RISK with Ashley Tison

J Darrin Gross I'd like to ask you, Ashley Tison, what is the BIGGEST RISK?   Ashley Tison Well, in the context of what we do, the BIGGEST RISK is audit. Right? So inside of Opportunity Zones, right, that's the, that's the thing that would unwind your deal. So all of these plans that you've made, if you can't survive an audit, then you're going to do it all for naught. And so in stepping into that, there's a number of ways that you do you try to avoid the risk, you try to mitigate it...

Commercial Real Estate Owners Operations Challenges with Rob Finlay - CRE PN #456

Today, my guest is Rob Finlay. Rob Finlay is a certified property manager and is a commercial real estate expert with a broad portfolio of success stories developed through hands on work and multigenerational industry experience with decades of experience in every facet of care from analytics to acquisitions, operations, to finance and more. Rob's insights are derived from real world wins and cutting edge industry innovation. And in just a minute, we're gonna speak with Rob Finlay about stra...

BIGGEST RISK with Rob Finlay

J Darrin Gross: I'd like to ask you, Rob Finlay, what is the BIGGEST RISK?   Rob Finlay: So not sure if there's one specific one and just so you know, hopefully, I I can give you one right now, that is top of mind for me, right? Because insurances. Property Insurance is property insurance that has been spoken about and and fortunately, we have people like you that help us, real estate owners get through that through that mess. The one thing that that property insurance people aren't ...

Multifamily Marketplace Data Prices and Distress with Neal Bawa - CRE PN #455

Today my guest is Neal Bawa.  Neal is the founder of Grow Capitis an online multifamily investor education platform, experienced syndicator, developer and his attention to the data has earned him the moniker "The Mad Scientist of Multifamily". And in just a minute, we're going to speak with Neal Bawa about the Upcoming Multifamily Distress in the Marketplace.

BIGGEST RISK with Neal Bawa

J Darrin Gross I'd like to ask you, Neal Bawa, what is the BIGGST RISK?   Neal Bawa So I'll give you two risks that affect insurance prices, and all other forms of prices in the United States. So one is a bigger, sort of more, you know, overarching risk. The second one is, is well known to us this. So the first one is climate change, we are continuing to see devastating impacts of climate change in many markets. It is a political, you know, issue where, you know, half of America does...

Innovative Flood Insurance Solutions with DJ McClure - CRE PN #454

Today, my guest is DJ McClure. DJ McClure is the VP of sales and business development at National Flood Experts driving strategic growth through partnerships and tailored cost saving solutions. And in just a minute, we're going to speak with DJ McClure about innovative flood insurance solutions.

BIGGEST RISK with DJ McClure

J Darrin Gross: I'd like to ask you, DJ McClure. What is the BIGGEST RISK?   DJ McClure: I think right now, one of the BIGGEST RISK that I see among many is the number of properties that are, you know, approaching a debt restructure, you know, there's a lot of short term bridge that for a lot of properties that's coming due. And so one or two things are going to happen, obviously, they're going to be able to, if they're able to put together the funds to structure a refinance, you kno...

Commercial Office Space Post Covid with Joey Kline - CRE PN #453

Today, my guest is Joey Klein. Joey is the host of Tech Talk podcast or the Tech Talk podcast. Joey is a seasoned commercial real estate broker focusing on representation of corporate tenants across a range of industries. based in Atlanta, he is deeply involved in urban focused developments, and transit expansion advocacy, particularly in Georgia and the Southeast.

BIGGEST RISK with Joey Kline

J Darrin Gross:  I'd like to ask you, Joey Klein, what is the biggest risk?    Joe Kline: Sure. I don't have an insurance related answer. So that's, that's good. I have to say, I do think that your industry is a very fascinating one. And I think if we had more time, I'd love to throw some of these back at you. Because insurance is a very rapidly changing industry over the past couple of years as well. I look, I think that any Anyone, anyone who makes their money solely via Commissi...

Invest in Flex Industrial Commercial Real Estate with Jeremy Friedman - CRE PN #452

Today, my guest is Jeremy Friedman. Jeremy is with Stoic Equity Partners. And they have a portfolio of 10 Self Storage Flex Industrial assets in the southeast, totaling $48.8 million assets under management and 500,000 square feet located in Georgia, Mississippi, Florida, Alabama, and Arkansas. And in just a minute, we're going to speak with Jeremy Friedman about Why Invest in Flex Industrial Real Estate. 

BIGGEST RISK with Jeremy Friedman

J Darrin Gross  0:00   And I'd like to ask you, Jeremy Friedman, what is the BIGGEST RISK?    Jeremy Friedman  0:05   But as we discussed before the call, that's actually the one largest risk item that we that does keep us up at night and that we're working diligently on at the moment is our insurance. And I think it's so this is not to be clear to your listeners, you did not prompt me for that at all this is this is our biggest risk at the moment, as we see it. We being located on t...

AI Data Scraping for CRE Underwriting with Christian Gore - CRE PN #451

Today, my guest is Christian Gore. Christian is the founder of G1 Capital Partners. And in this industry expert who have orchestrated real estate transactions worth approximately 9.5 billion across the across the United States. And in just a minute, we're going to speak with Christian Gore about leveraging AI and Machine Learning or Data Aggregation to make informed decisions about where and why to invest.

BIGGEST RISK with Christian Gore

J Darrin Gross  I'd like to ask you, Christian Gore, what is the BIGGEST RISK?   Christian Gore  That's a great question. I would say, generally speaking, I would say geo geo political risk, that, that can significantly kind of affect what the Fed does or doesn't do. Yeah, we've, there's a lot of things going on overseas. I know we were fortunate enough not to kind of have to, you know, be involved with it daily. But there's there's significant geopolitical risks in our view going on...

Tax Advantage Investing with Dan Thompson - CRE PN #450

Today, my guest is Dan Thompson. Dan is a seasoned financial advisor and investor. And in just a minute, we're going to speak with Dan Thompson about Tax Advantaged Investing.

BIGGEST RISK with Dan Thompson

J Darrin Gross I'd like to ask you, Dan Thompson, what is the BIGGEST RISK?   Dan Thompson   I think the BIGGEST RISK is to sit idle and do nothing to be so paranoid of risk that you take no risk. And there are some very predictable ways to get your money working and invested. And still keep the risk down. But it just kills me sometimes when I talked to somebody felt, in fact, they just talked to a potential client just yesterday, who's sitting with $1.7 million in a 4% CD. And just ...

No Debt Industrial Real Estate Syndication with Joel Friedland - CRE PN #448

Today, my guest is Joel Friedland. Joel has been in the industrial real estate world for over 40 years. He buys industrial properties, all cash and no mortgage. And in just a minute, we're going to speak with Joel Friedland, about syndication of industrial properties in the Chicago area.

BIGGEST RISK with Joel Friedland

J Darrin Gross I'd like to ask you, Joel Friedland, what is the BIGGEST RISK?   Joel Friedland   I'm afraid I can't give you just one. Because there are actually multiple risks. I've been doing this for 40 years, and I can tell you exactly what I struggle with with risk. Number one risk debt. If you have debt and anything goes wrong, you are screwed. So that's why we do our deals, debt free, no mortgage, that's number one. Number two in industrial, vacancy.  When a building's vacant,...

Luxury RV Destination Resort Syndication with Ben Spiegel - CRE PN #448

Today my guest is Ben Spiegel.  Ben Spiegel is a successful investment manager with a decade long track record deploying over 300 million into special situations across diverse asset classes. And in just a minute, we're going to speak with Ben Spiegel about Syndication of Luxury RV Parks in southern Alabama and Mississippi.

BIGGEST RISK with Ben Spiegel

J Darrin Gross  I'd like to ask you, Ben Spiegel, what is the BIGGEST RISK?   Ben Spiegel   So, land, like I said, we were talking on our economy. When we started our conversation before the podcast began, landlords are Sue land that landlords sued 25 times more than the next business than the next highest sued business. So we're already in a very elevated risk, risk type of business. So I think the major form of risk obviously, when you have ambulance chasers out there looking to pr...

High Leverage Competitive Capital for Real Estate Investors with Maxwell Wu - CRE PN #447

Today, my guest is Maxwell Wu. Maxwell is the founder of Fulcrum Lending a direct balance sheet lender for multifamily properties nationwide. And in just a minute we're going to speak with Maxwell about nationwide multifamily lending and credit investing.

BIGGEST RISK with Maxwell Wu

J Darrin Gross I'd like to ask you, Maxwell, Wu, what is the BIGGEST RISK?   Maxwell Wu   I think the BIGGEST RISK, you know, right now in this market It is price fluctuation, right? investors do not like uncertainty. It's almost like a natural thing that the universe wants some order there. And we don't have a threshold to go off of a baseline they go off of it's very hard to see what the future looks like. What do all those words mean? Right? You know, again, you mentioned insuranc...

Industrial Real Estate Market Conditions with Matt Brodnik - CRE PN #446

Today my guest is Matthew BrodnIk. Matthew is the Chief Investment Officer for EQT Exeter's North American industrial real estate platform. EQT Exeter, is the real estate division of EQT, a purpose driven global investment firm with 244 billion of total assets under management. And in just a minute, we're going to speak with Matthew Brodnik about the current North American industrial real estate space.

BIGGEST RISK with Matt Brodnik

J Darrin Gross  I'd like to ask you, Matt Brodnik, what is the BIGGEST RISK?   Matt Brodnik   I mean, I think I mean, I've been harping on tenant demand all this time. And as I mentioned, you know, tenant demand hasn't disappeared, it's, it's still there. I mean, you know, we talked about demand, kind of reverting to the mean. And right now, I'd say demand is fallen below the mean, a little bit, which is expected. I mean, tenants lease a lot of space and 21 and 22 leads to more than ...

Multifamily B and C Class Underwriting with Frank Xia - CRE PN #445

Today, my guest is Frank Xia. Frank is an ex engineering director in tech startup where he specialized in pricing and decision making. He is passionate about AI and investing in real estate and alternative assets. And in just a minute, we're going to speak with Frank Xia about deal underwriting and raising capital for B and C Class multifamily deals in Dallas, Texas. 

BIGGEST RISK with Frank Xia

J Darrin Gross  I'd like to ask you, Frank Xia, what is the BIGGEST RISK?   Frank Xia   I think the biggest risk for me is, I think, interest rate right now, and how I choose to, I don't think I can transfer that. But I think I can minimize it number before for a few for a few strategy. Number one is I just invest less deals, because the less you invest, the less risk you expose, right. But if you don't invest anything, then you have no income. That's not an option. So you have to pa...

Triple Net Lease Landlord Benefits with Michael Salafia - CRE PN #444

Today, my guest is Michael Salafia. Michael is the Founder and Managing Partner of Stax real estate LLC, a platform for sale leaseback of single tenant Net Lease real retail assets, located in Miami Beach. And in just a minute, we're going to speak with Michael Salafia about the benefits of triple net sale lease backs for both investors and tenants.

BIGGEST RISK with Michael Salafia

J Darrin Gross Michael Salafia, what is the BIGGEST RISK?   Michael Salafia   As an investment manager, it's the fluctuations in interest rates are our biggest risks that we are dealing with at the moment. That changes that become very, the changes of interest rates are somewhat predictable to a degree and we'd get communication from the Fed. Our challenge is the market reaction or slow reaction and and kind of gauging how slow the reaction is going to be to the shifts. So getting ge...

Power of Partnership with Mike Merrigan & Bo Kort - CRE PN #443

Today my guests are Mike Merrigan and Bo Kort. After being best friends for 25 years, Mike and Bo started doing business together in 2015. He started purchasing buildings together in Texas. This partnership captured or catapulted their success. Together, the duo has found multiple eight figure companies in Houston motorsports cord industries and Mojave storage. Since the partnership began, 2015, Mike and Bo have built their portfolio of 43 companies have over $150 million in commercial real ...

BIGGEST RISK with Mike Merrigan & Bo Kort

J Darrin Gross Mike Merrigan, and Bo Kort, what is the BIGGEST RISK? Mike Merrigan: I'll go first, if you're, because you're an insurance, one of the best feelings I've gotten, as far as an insurance thing, and looking at risk is once I had it explained to me, once I did get some assets, an umbrella policy gives me a lot of comfort, never had to use it. But I feel like it's a good investment. So if you're talking about literally insurance, I like the fact that I have an umbrella policy ...

Las Vegas Midtown Mixed Use with Weina Zhang - CRE PN #442

Today, my guest is Weina Zhang.  Weina is the CEO and founder of the Z Life Company, a ground up developer builder based in Las Vegas. And in just a minute, we're going to speak with Weina Zhang, about Z Life and the use of their proprietary model to develop mid rise projects that are changing the path for young adults to enter the urban housing market.

BIGGEST RISK with Weina Zhang

J Darrin Gross Weina Zhang, what is the BIGGEST RISK?   Weina Zhang   So the reason the we crave matrix system, like you said, was 20 years, his parents are from the line, we meet him lies, minimalize excuse the language. A lot of risk already. Right. But still our risk is. So like you said, the Fed. How can I give affordable housing for middle class? Right? The really the interest rate, right? So that's, that's I cannot control ever one problem I need to solve that. Right. So that's...

Multifamily Syndication and Development with Sridhar Sannidhi - CRE PN #441

Today, my guess is Sridhar Sannidhi. He is a 30 year it professional turned full time real estate professional. And it just a minute. We're going to speak with Sridhar about multifamily syndication and development.

BIGGEST RISK with Sridhar Sannidhi

Nashville Commercial Development with DeLisa Guerrier - CRE PN #440

Today, my guest is DeLisa Guerrier a of Guerrier Development, a commercial real estate development firm in Nashville with over 500 million and projects at various stages of development. And in just a minute, we're going to speak with DeLisa Guerrier about how she dropped her first choice, her first career choice in medicine to pursue real estate with her husband.

BIGGEST RISK with DeLisa Guerrier

J Darrin Gross I'd like to ask you to DeLisa Guerrier a, what is the BIGGEST RISK?   DeLisa Guerrier    Well, I think that there is a huge risk in what we do every day by, you know, investing capital into ever changing markets. And, you know, each project is different as to how much capital that is, and, and, you know, it is a risk. I mean, real estate investing is a risk in itself. And that's what, that's what ours isn't, you know, I, I'll tell you how, how I look at it, markets cha...

Joint Venture Investing with Mandy McAllister - CRE PN #439

Today, my guest is Mandy McAllister, and she is a multifamily real estate investor, mindset ninja and connector. She spent the bulk of her career in medical device sales, chasing sales and commission checks. In 2021. Mandy left her W2  to lean on the financial independence she built through real estate investing, and he now serves as CEO of Go Bundance Women, a tribe of healthy wealthy, generous women who choose to lead epic lives. Her real estate expertise includes repositioning underperfor...