Commercial Real Estate Pro Network
564 episodes - English - Latest episode: 4 days ago - ★★★★★ - 27 ratingsCommercial Real Estate Professionals who work with Investors, Buyers and Sellers of Commercial Real Estate. We discuss today's opportunities, problems & solutions in Commercial Real Estate.
Homepage Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Episodes
BIGGEST RISK with Owen Barrett
October 31, 2023 13:00 - 1 minute - 1.26 MBJ Darrin Gross I'd like to ask you Owen Barrett, What is the BIGGEST RISK? Owen Barrett Yeah, I think it's easy. It's climate change. I think it's climate change. For a number of reasons. From a utility perspective, I mean, look at the heatwave that we have going on now, in the Southwest US, how are utilities going to keep up with all that demand? Assuming that this is like the new normal. From an from an insurance perspective, we're seeing major insurers pull out of entire state...
Interest Rate Risk Caps with James Gosse - CRE PN #429
October 26, 2023 09:00 - 48 minutes - 44.3 MBToday my guest is James Gosse. James is an is Executive Managing Director of transaction services at NXT CRE. NXT CRE supports commercial real estate lenders find properties for their exiting borrowers that match their exiting 1031 needs. And in just a minute, we're going to speak with James about how the price of interest rate caps is making it near impossible for borrowers to use floating rate debt.
BIGGEST RISK with James Gosse
October 24, 2023 13:00 - 2 minutes - 1.84 MBJ Darrin Gross I'd like to ask you, James Goss, what is the BIGGEST RISK? James Gosse Well, a great question. And certainly, you know, the topic we were just touching on by the way, Darrin, I think, you know, oftentimes, so people are aware interest rate caps are often referred to as insurance policies for your interest rate. So I just found that an interesting aside, the biggest risk for us and this is a good question. You know, it's one of the things that If I'm honest, sort o...
Commercial Real Estate Investing 2023 with George Pino - CRE PN #428
October 19, 2023 09:00 - 43 minutes - 40.2 MBToday, my guest is George Pino. George is the CEO of Commercial Brokers International, a full service commercial real estate firm, headquartered in Los Angeles, California, with over 27 affiliate offices around the US. And in just a minute, we're going to speak with George bout Keys to Getting Started Investing in Commercial Real Estate in 2023.
BIGGEST RISK with George Pino
October 17, 2023 13:00 - 3 minutes - 3.06 MBJ Darrin Gross I'd like to ask you, George Pino, what is the BIGGEST RISK? George Pino Biggest risk? Um, I'm gonna answer that as the biggest risk I see for investing in real estate when you're just getting started. Because that's kind of what we're talking about as well. And the biggest risk there, I think, is, we see this happen a lot. And you'd mentioned like jumping on the bandwagon. You know, I'm constantly getting calls and our offices getting calls over the last month and ...
Commercial Real Estate Construction Cycles with Scott Lyons - CRE PN #427
October 12, 2023 09:00 - 38 minutes - 35 MBToday, my guest is Scott Lyons. Scott is with the global commercial construction firm DPR. And that's where Scott is the national commercial core market leader where he is directly responsible for understanding the needs of DPRs customers and delivering predictable results. And in just a minute, we're going to speak with Scott about leading your commercial construction team through these volatile economic times.
BIGGEST RISK with Scott Lyons
October 10, 2023 13:00 - 2 minutes - 4.23 MBJ Darrin Gross I'd like to ask you, Scott Lyons, what is the BIGGEST RISK? Scott Lyons So I think the biggest risk for us Darrin is is is making decisions around in kind of moment of duress, and let me kind of explain what I mean there. So what you won't get imagine that, hey, you're going into a recession will or we think there might be a recession? Maybe it's soft landing, who knows, but guess what interest rates are up there and a whole lot of is many projects opportunities o...
Trust Asset Protection with Bruce Mack - CRE PN #426
October 05, 2023 09:00 - 42 minutes - 38.5 MBToday, my guest is Bruce Mack. Bruce is an in demand national speaker real estate investor involved with over $90 million in transactions. He's an author and the founder of platinum trust group has a licensed financial advisor at trust expert, Bruce empowers investors to achieve significant tax mitigation plus bulletproof asset protection through his proprietary IRS compliant trusts. Over 80% of his clients are real estate investors, ranging from owning just a few doors to over 3000. He educ...
BIGGEST RISK with Bruce Mack 2023
October 03, 2023 13:30 - 35 seconds - 1.05 MBJ Darrin Gross I'd like to ask you, Bruce Mac, what is the BIGGEST RISK? Bruce Mack I think, for me and for my clients. undoubtably the biggest risk is to not have a trust because the the exposures that are out there in today's litigious environment are so massive that you unfortunately, if you don't have one, you could be wiped out. And therefore, without a doubt that would be my my direct answer.
Office Distressed Debt with Ran Eliasaf - CRE PN #425
September 28, 2023 09:00 - 33 minutes - 30.5 MBToday, my guest is Ran Eliasaf. Ran is the founder and managing partner at Northwind Group. Ran founded Northwind Group in 2008. And oversees all company investment activities across its equity and debt strategies. Today Northwind group has over $3 billion in assets, assets under management. And in just a minute we're going to speak with Ran Eliasaf off about the rise of office to home conversion in commercial buildings.
BIGGEST RISK with Ran Eliasaf
September 26, 2023 13:00 - 1 minute - 3.11 MBJ Darrin Gross I'd like to ask you, Ran Eliasaf, what is the BIGGEST RISK? Ran Eliasaf Our biggest risk is determining the value of the collateral we're lending on? It's never a scientific answer. You can get all the appraisals, you want third parties and all of your internal knowledge. But eventually, a value of an asset is only what somebody else would be willing to pay for it as a term at a certain point in time. So we spend a lot of time on the writing and diligence thing and...
Self Storage Facilities Investing Strategy with Fernando Angelucci - CRE PN #424
September 21, 2023 09:00 - 45 minutes - 41.2 MBToday, my guest is Fernando Angelucci. In the past four years, Fernando has built a real estate portfolio of over $200 million and self storage assets across the country. And just a minute, we're going to speak with Fernando Angelucci about investing in self storage.
BIGGEST RISK with Fernando Angelucci
September 19, 2023 13:00 - 6 minutes - 11.6 MBJ Darrin Gross I'd like to ask you Fernando Angelucci, what is the BIGGEST RISK? Fernando Angelucci So I would answer that with actually there being three things that we look at in our business. So the first being compressed cap rates, the second being oversaturation of given markets, and the third being reconnaissance competition are basically competitors, they have unlimited capital. So let's let's dissect each one of those press cap rates, has been an issue in the storage spac...
Invest Buy Sell Land Flipping Deals with Mason McDonald - CRE PN #423
September 14, 2023 09:00 - 39 minutes - 35.9 MBToday, my guest is Mason McDonald. Mason is a former hospital CEO turned full time land flipper that utilizes his profits to invest in commercial real estate. And in just a minute, we're going to speak with Mason about how you can profit from land flips.
BIGGEST RISK with Mason McDonald
September 12, 2023 13:00 - 1 minute - 2.63 MBI'd like to ask you Mason McDonald, what is the BIGGEST RISK? Mason McDonald 34:58 Yeah, um, I expect my answer to be a little different than what people might expect. I mean, I was the CEO of a psychiatric hospital. So in terms of a risk management perspective, there's, you know, in terms of over regulation and high risk, there's about, that's about as high risk of an environment as you could ever imagine. But for me, the greatest risk that I have is, I fail at this entirely and ...
Interest Rates Affect on Multifamily Demand with Henry Stimler - CRE PN #422
September 07, 2023 09:00 - 46 minutes - 42.6 MBToday my guest is Henry Stimler. Henry is the Executive Managing Director of global commercial real estate at the firm Newmark, whose team financed 4.4 billion in deals in 2022 alone. Henry's core focus is origination and brokerage in large multifamily debt and equity transactions. And in just a minute, we're going to speak with Henry about the impact of the current economic factors on the commercial real estate industry. And we'll drill down into multifamily housing.
BIGGEST RISK with Henry Stimler
September 05, 2023 13:00 - 1 minute - 2.38 MBJ Darrin Gross I'd like to ask you, Henry Stimler, what is the BIGGEST RISK? Henry Stimler I think the biggest risk is not doing, I think more is lost by inactivity than activity. The biggest killer of deals is time, time and dalliance and not getting it done. So I'm a very big believer in that you have to jump in. Right, you have to be all the way in you can't be you can't be partially pregnant. And you have to have conviction in your decisions. And if you don't have conviction,...
Commercial Real Estate Seller Financing Strategies with Nick Prefontaine - CRE PN #421
August 31, 2023 09:00 - 40 minutes - 37.1 MBToday, my guest is Nick Prefontaine with Wicked Smart Real Estate and Common Goal. And Nick's an author, a trainer and investor. And in just a minute we're going to speak with Nick about how you can overcome the challenging times ahead.
BIGGEST RISK with Nick Prefontaine 2023
August 29, 2023 13:00 - 2 minutes - 5.49 MBJ Darrin Gross I'd like to ask you Nick Prefontaine what is the BIGGEST RISK? Nick Prefontaine What is the biggest risk? So the biggest risk to me is not following that voice in the back of your head. Now I'd like to frame that in, in a few different ways if I can. So when I was in the hospital, that voice was no, they said, You're gonna make a full recovery. My parents were, that was their goal, you're gonna make a full recovery, I followed the voice that said, No, you're gonna ...
Commercial Real Estate Asset Class Conversion with Todd Drouillard - CRE PN #420
August 24, 2023 09:00 - 44 minutes - 40.8 MBToday, my guest is Todd Drouillard. Todd is the sector leader of the manufacturing and product development sector within the national architecture and engineering design firm H E D. And in just a minute, we are going to speak with Todd about how the pandemic has changed the supply chain.
BIGGEST RISK with Todd Drouillard
August 22, 2023 13:00 - 3 minutes - 7.05 MBJ Darrin Gross I'd like to ask you, Todd Drouillard, what is the Biggest Risk? Todd Drouillard The biggest risks that we face, right, right now, and it's, it's nearly on every project both large and small, it's the the actual long lead times to get either equipment or the materials. And what that comes down to is that, you know, it's really risk to both cost and to, to, to the schedule, you know, it's been, the biggest thing is, is the, so what happens is, you know, a project get...
Master Planned Wellness Communities with Shawn Buchheit & Gloria Caulfield - CRE PN #419
August 17, 2023 09:00 - 44 minutes - 40.5 MBToday my guests are Shawn Buchheit is the chief operating officer for Fountain Life, and Gloria Caulfield. Gloria is the Vice President of Strategic Alliances for Tavistock Development Company. And in just a minute, we're going to speak with Shawn and Gloria, about how Master Plan communities can lead to healthier living.
BIGGEST RISK with Shawn Buchheit & Gloria Caulfield
August 15, 2023 13:00 - 2 minutes - 3.77 MBJ Darrin Gross I'd like to ask you, Sean Buchheit and Gloria Caulfield, what is the Biggest Risk? Shawn Buchheit Well, for us, it's overextending, you've heard all the wonderful the ecosystem that's there at Lake Nona and Tavistock there's so many incredible opportunities to do exciting new things. For us, it's really important to us to remain focused on our core business, and while we are who we are, and prioritize all all the amazing opportunities that we have part of being par...
Commercial Real Estate Lenders Recognize Borrower Next Loan Value with Adam Sharif - CRE PN #418
August 10, 2023 09:00 - 35 minutes - 32.7 MBToday my guest is Adam Sharif. Adam is the founder at nxt CRE an open bank FinTech supporting the CRE market. nxt CRE partners with lenders to enable them to keep a line of sight on their borrowers activities, who are paying off a loan and seeking to enter a 1031 exchange. And in just a minute, we're going to speak with Adam about how FinTech can help you find 1031 buyers for your property.
BIGGEST RISK with Adam Sharif
August 08, 2023 13:00 - 1 minute - 3.11 MBJ Darrin Gross I'd like to ask you, and I'm sure what is the biggest risk? Adam Sharif for us is the biggest risk for anyone else. And that is uncertainties. Okay, no one no uncertainties. It's the opposite of having a line of sight, right? There's no one, no one can sit there and tell you exactly what's going to happen. Everyone can guess. So that's one of them. But I liked it recently. One, this question was asked of Warren Buffett. And and I love his answer. Basically, he said ...
Cash Flowing Businesses in Commercial Real Estate with Chris Larsen - CRE PN #417
August 03, 2023 09:00 - 43 minutes - 39.5 MBToday, my guest is Chris Larsen. Chris is the founder and principal of Next Level Income he has been investing in and managing real estate for over 20 years. While still in college. He bought his first rental at the age of 21. And from there Chris expanded into development, private lending, buying distressed debt, as well as commercial offices and ultimately syndicating commercial properties. He began syndicating deals in 2016 and has been actively involved in over 1 billion real estate acqu...
The BIGGEST RISK with Chris Larsen
August 01, 2023 13:00 - 2 minutes - 5.54 MBJ. Darrin Gross I like to ask you, Chris Larsen, what is the Biggest Risk? Chris Larsen Yeah, so I think everybody's talking right now out there, and about interest rates and cash flows. And you can mitigate those, you can lock in interest rates, you can set money, you can increase your reserves that you have out there. And those those are all good things. For sure. But I think the biggest risks that that we face, and we kind of talked about this in an indirect manner. It's peopl...
Mobile Homes Affordable Housing Solution with Franco Perez - CRE PN #416
July 27, 2023 09:00 - 41 minutes - 37.7 MBToday, my guest is Franco Perez, Franco grew up in a family that experienced unstable housing. Today, Franco is on a mission to create affordable housing in Silicon Valley. And in just a minute, we're going to speak with Franco about how mobile homes are the easy answer to the housing crisis.
BIGGEST RISK with Franco Perez
July 25, 2023 13:00 - 1 minute - 2.65 MBJ Darrin Gross I'd like to ask you, Franco Perez, what is the Biggest Risk? Franco Perez I think, for this conversation is one of the biggest things is really the advocacy and you mentioned politics. You know, what one of the big risks are people not understanding the value of these mobile home parks, and them advocating for these to be closed down or redeveloped into rentals into rental property? You know, these. That's what I'm fighting for right now with our conversation on th...
Apartments Built for Affordability with Mike Kaeding - CRE PN #416
July 20, 2023 09:00 - 47 minutes - 43.9 MBToday, my guest is Mike Kaeding. Mike is the CEO of Norhart, where they design build and rent apartments. Norhart is transforming the way apartments are built and managed by incorporating technologies and efficiencies that have revolutionized other industries. And in just a minute, we're going to speak with Mike about how Norhart is disrupting the housing crisis.
BIGGEST RISK with Mike Kaeding
July 18, 2023 13:00 - 2 minutes - 4.01 MBJ Darrin Gross I'd like to ask you Mike Kaeding. What is the Biggest Risk? Mike Kaeding Such a good question. I'm going to answer it in three parts, three levels. The first level is the surface level, which is today's some of the bigger risks of the economy. Specifically rise in interest rates has that has a negative effect and debt proceeds used to fund new construction and just deals in general. But if we take it a step further deeper, which you realize is that those kind of pr...
Commercial Real Estate Valuation Uncertainty with Rick Kalvoda - CRE PN #415
July 13, 2023 09:00 - 32 minutes - 29.7 MBToday, my guest is Rick Kalvoda. Rick is the President of the Analytics Branch for the Americas of Altus Group, which is a service provider of intelligence to the global commercial real estate industry. Rick has over 30 years of experience in commercial real estate consulting with a focus on valuation and management. And just a minute we're going to speak with Rick about Data Insights into the Quickly Changing State of the Commercial Real Estate Market. But first, a quick reminder, if you li...
BIGGEST RISK with Rick Kalvoda
July 11, 2023 13:00 - 2 minutes - 4.15 MBJ Darrin Gross I'd like to ask you, Rick Kalvoda, what is the Biggest Risk? Rick Kalvoda Yeah, I think. So operating expenses of which, you know, insurance is is a big component, you know, the risk, I think, right now have ownership of commercial real estate. I think right now, and this kind of goes back to the uncertainty and what's going to happen with inflation, what's going to happen with interest rates, what's the Fed going to do is just, it's the uncertainty. And as the Fed...
Better Asset Management Tools for CRE Investors with Anne Hollander - CRE PN #413
July 06, 2023 21:00 - 43 minutes - 39.9 MBToday, my guest is Anne Hollander, and is the CEO of Lobby CRE, a Thirty Capital Company. And she is making an impression in CRE and tech as one of few CEOs with a background in both real estate operations and rapidly scaling technology companies. And as an expert in strategic strategic planning. And in just a minute, we're going to speak with Anne Hollander about balancing return and risk with data backed asset management.
BIGGEST RISK with Anne Hollander
July 04, 2023 13:00 - 2 minutes - 4.89 MBJ Darrin Gross I'd like to ask you Anne Hollander, what is the Biggest Risk? Anne Hollander I am happy to take on this challenge. So over the course of our conversation, I think we've talked about a number of areas of risk, right, we're seeing expense growth, quite a bit in the operations, which, frankly, is a lot of ways the silent killer. We've talked to them about the debt side of this and understanding your positions within debt and understanding it a much deeper level where ...
Real Estate Investor Bookkeeping with Maya Weinreb - CRE PN #412
June 29, 2023 09:00 - 51 minutes - 47 MBToday, my guest is Maya Weinreb Maya is an entrepreneur and a real estate investment bookkeeping specialist. Maya's been doing bookkeeping for almost 20 years, and is a QuickBooks Pro advisor. Before she started her bookkeeping firm, she held the position of CFO for a marketing company in Los Angeles. And in just a minute, we're going to speak with Maya about what does every real estate investor need for their books.
BIGGEST RISK with Maya Weinreb
June 27, 2023 13:00 - 5 minutes - 9.93 MBJ Darrin Gross I'd like to ask you, Maya Weinreb, What is the Biggest Risk? Maya Weinreb Yes, I thought about this, I thought about this. I think the biggest risk right now, for real estate investors, for clients, for entrepreneurs, for individuals, for everybody right now, is the fact that the IRS just hired 87,000 new auditors. And you know, we saw articles about that a lot at the end of last year. And I don't know if they're all hired, and they're all implemented. But what doe...
How to Use Inflation to Your Advantage with Bronson Hill - CRE PN #411
June 22, 2023 09:00 - 44 minutes - 41.1 MBToday, my guest is Bronson Hill. Bronson is the Managing Member of Bronson Equity. Bronson is a general partner in 2000 multifamily units worth over 200 million and CO leads a large inperson multifamily meetup in Pasadena, California called FIBI Pasadena Multifamily. Bronson is also the host of the Mailbox Money Show Podcast. And he understands the investor mindset. Having spoken individually over the phone with over 1300 investors and having raised over 30 million for real estate and his A...
BIGGEST RISK with Bronson Hill
June 20, 2023 13:00 - 2 minutes - 4.71 MBJ Darrin Gross I'd like to ask you, Bronson Hill, what is the Biggest Risk? Bronson Hill So I think there's a lot of risks. And I think, you know, sometimes we see risks, and we don't, you know, we tend to have inactions. I think inaction is probably the biggest risk for that I see, for most people, I've had now close to 1500 conversations with individual investors. And I just see analysis paralysis is real, we get busy, we have stuff going on, we don't take action. And all sudde...
Passive Investor Mistakes to Avoid with Stewart Heath - CRE PN #410
June 15, 2023 09:00 - 46 minutes - 42.5 MBToday, my guest is Stewart Heath. Stewart is the founder and CEO of Harvard Grace Capital, a private equity real estate investment firm that helps people build wealth faster through hands off real estate investing, generates passive income, reduces risk and maximizes tax efficiencies. And just a minute, we're going to speak with Stewart a bout the hidden mistakes to avoid and key criteria to look for when evaluating potential passive property investing opportunities.
BIGGEST RISK with Stewart Heath
June 13, 2023 13:00 - 3 minutes - 6.32 MBJ Darrin Gross I'd like to ask you, Stewart Heath, what is the Biggest Risk? Stewart Heath I am willing, and I will dive into the pool. I think it's a brilliant question. To me, the biggest risk is tenant selection. It's not an insurable risk. You know, I do live in Tornado Alley. So you know, severe weather can be a risk but you can insure around that the biggest risk is essentially the income from the property. And the income from the property comes from tenants. And it is a pr...
2023 Multifamily Deals and Cap Rates with Victor Bell - CRE PN #409
June 08, 2023 09:00 - 45 minutes - 41.2 MBToday, my guest is Victor Bell, Victor is transacted over $59 million in real estate transactions in seven states, including Hawaii, Arizona, Texas, North Carolina, Ohio, and Michigan. And in just a minute, we're going to speak with Victor about how to succeed in real estate in 2023.
BIGGEST RISK with Victor Bell
June 06, 2023 13:00 - 2 minutes - 5.09 MBJ Darrin Gross I'd like to ask you, Victor Bell. What is the Biggest Risk? Victor Bell Well, if I can give an honest answer, it's short is not taking risk at all. Because it's real. I'm a real estate guy. So I take a look at all risks and try to assess it as like, Hey, how can we minimize risk and get the match return, even if to other people that return is not a very big. So a prime example like when I look at an apartment building deal, and I really like it, we start sizing the...
Learn Apply and Grow Rich in Real Estate with Roland Gib Stewart - CRE PN #408
June 01, 2023 09:00 - 45 minutes - 41.5 MBToday, my guest is Roland Gib Stewart. Roland is an investor and a recently published author. He and his ex wife started with to $285 and have built that to $30 million in real estate and is still going and in just a minute we're going to speak with Roland Gib Steward about how you can build wealth through real estate.
BIGGEST RISK with Roland Gib Stewart
May 30, 2023 13:00 - 59 seconds - 1.82 MBJ. Darrin Gross I'd like to ask you, Roland Gib Stewart, what is the Biggest Risk? Roland Gib Stewart I think right now, the biggest risk is the availability of money. Okay, so we got a lot of money available today, right? So in July, when we, the country hits its debt limit, what's going to happen? Are we going to all collapse? Is this whole thing going to just the glass is going to break? And we're going to all be wondering, Can Can, can I really get the money out of my credit ...
Multifamily Investors Interest Rate Pain with Neal Bawa - CRE PN #407
May 25, 2023 09:00 - 47 minutes - 43.8 MBToday my guest is Neal Bawa. Neal is the founder of Grow Capitus, an online multifamily investor education platform. He's also an 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 about the Feds Gambit with rising interest rates and their impact on commercial real estate.
BIGGEST RISK with Neal Bawa
May 23, 2023 13:00 - 1 minute - 3.36 MBJ Darrin Gross I’d like ask you Neal Bawa, what is the Biggest Risk? Neal Bawa The biggest Risk is to keep doing what you were doing before. Right now we are at a point where we need to pivot. So you know, you name three things. And so I'll go through those three and tie them back to the biggest risk. This change right now may not be a good time to buy multifamily. In fact, I don't want to buy multifamily until about July this year, when something known as the spread, which is a ...
Multifamily Recession Investing with Anna Kelley - CRE PN #406
May 18, 2023 09:00 - 50 minutes - 46.6 MBToday, my guest is Anna Kelley. Ana is a former top ranked financial relationship manager for Bank of America's private bank. She also worked for AIG for 20 years in the corporate and affluent Markets Group focused on creating products for ultra high net worth individuals, banks and institutions. Anna has been investing in real estate since 1998, and has held active ownership of a rental portfolio valued at $300 million across Texas, Pennsylvania, Florida, Tennessee and Maryland. As a sponso...
BIGGEST RISK with Anna Kelley
May 16, 2023 13:00 - 3 minutes - 5.54 MBJ Darrin Gross I'd like to ask you Anna Kelley, what is the Biggest Risk? Anna Kelley I think the biggest Risk right now is not knowing how high inflation might get for how long and how that might impact both the interest rates over the next decade and cap rates over the next decade. And so with that risk comes a few things that we really have to look at. One, as we talked about is what kind of debt are you putting on your properties? So the question is, when you when you're try...
Can Leverage Virtual Assistants with Greg Brooks - CRE PN #405
May 11, 2023 09:00 - 35 minutes - 32.7 MBToday, my guest is Greg Brooks. Greg is a partner in Rocket Station and oversees everything, business development, and marketing. Greg is the National Director of Business Development at rocket station, an outsourcing company that helps real estate businesses hire experienced virtual assistants. And in just a minute, we're going to speak with Greg about improving your process with virtual assistants.