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.
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Episodes
BIGGEST RISK with Greg Brooks
May 09, 2023 13:00 - 2 minutes - 3.95 MBJ Darrin Gross I'd like to ask you, Greg Brooks, what is the Biggest Risk? Greg Brooks For me, I think it's the pace of how quickly technology is changing how quickly global workforces is changing. And I think it's a risk, especially in the real estate space, for those that are still trying to operate the same way they were in 1995, or two, even 2005, or even 2015. What we've seen a lot both on the technology side, obviously, US servicing on the staffing side, providing a virtual...
Cap Rate and Interest Rate Relation to Value with Edward Ring - CRE PN #404
May 04, 2023 09:00 - 46 minutes - 42.5 MBToday, my guest is Edward Ring. Edward founded New Standard Equities in 2010 and serves as its chief executive officer Edward has transacted over $2 billion of real estate over an illustrious 25 year career. And in just a minute, we're going to speak with Edward about the relation between interest rates and cap rates.
BIGGEST RISK with Edward Ring
May 02, 2023 13:00 - 1 minute - 3.31 MBJ Darrin Gross I'd like to ask you, Edward Ring, what is the Biggest Risk? Edward Ring I think the biggest risk I'm facing right now is not having the patience to to get comfortable with the knowledge base that I have, and what I see on the horizon. So I'm, I'm a person that tends to slow down when other people are rushing. They want me to make a decision quickly. So I peel back and take a moment, take a pause. I do my best work when I'm thoughtful. And I assess. And I think that...
Value Add Storage Facility Investing with Ryan Gibson - CRE PN #403
April 27, 2023 09:00 - 50 minutes - 45.8 MBToday, my guest is Ryan Gibson. Ryan is the co founder president and chief investment officer of Spartan Investment Group. Ryan has organized over 200 million of private equity for Spartans projects across the country. And in just a minute, we're going to speak with Ryan about real estate investing and development.
BIGGEST RISK with Ryan Gibson
April 25, 2023 13:00 - 3 minutes - 6.29 MBJ Darrin Gross I'd like to ask you, Ryan Gibson, what is the Biggest Risk? Ryan Gibson Yeah, so I would say your biggest risks are external threats. Things like cap rate expansion, you know, property values declining, really can't control that. Interest rate, risk, etc. But I would say my focus that I'd like to share is five main things that I look at, in underwriting a deal. In I can do this in 10 seconds. I look at revenue growth year over year, and is it reasonable? Does the bu...
Real Estate Note Investing with Fred Moskowitz - CRE PN #402
April 20, 2023 09:00 - 44 minutes - 40.4 MBToday, my guest is Fred Moscowitz. Fred is an educator and best selling author who has trained countless investors from all walks of life on how to create passive income streams on their own. As a fund manager Fred manages a mortgage note Investment Fund, and is considered an industry veteran within the note investing arena. But it teaches the concept that individual investors are able to step into the shoes of the lender through note investing, and effectively be the bank. And in just a min...
BIGGEST RISK with Fred Moskowitz
April 18, 2023 13:00 - 2 minutes - 5.39 MBJ Darrin Gross I'd like to ask you Fred Moscowitz. What is the Biggest Risk? Fred Moskowitz Wow, this is a great question. There's, there's many, many risks. That's a big part of what we do is known investors is get good at understanding what they are. As I said earlier, diversification is is a great way to manage risk and the note portfolio, but some other other areas, it's really getting good at doing your due diligence before purchase. As I said, I dedicate a large portion of ...
The Value of Texting for Business Communication with Aaron Weiche - CRE PN #401
April 13, 2023 09:00 - 45 minutes - 42 MBToday, my guest is Aaron Weiche. Aaron is the co founder and CEO of LeadFerno. A text messaging platform for businesses to close more leads faster. Aaron is an entrepreneur, founding and leading multiple companies and digital marketing agencies over the past 20 years. And in just a minute, we're going to speak with Aaron about lead generation marketing via text message.
BIGGEST RISK with Aaron Weiche
April 11, 2023 13:00 - 1 minute - 3.08 MBJ Darrin Gross I'd like to ask you Aaron Weiche, what is the Biggest Risk? Aaron Weiche So here's the first thing that comes to mind to me. And that is not being connected to your customer. So to me, in all kinds of aspects I've talked and written about this recently, with so many people looking inside of so many industries, with a downturn slowdown, whatever that might look like. Those are the kinds of times where you need to be more connected than ever to your to your customer, s...
Multifamily Interest Rates and Cashflow with Shannon Robnett - CRE PN #400
April 06, 2023 09:00 - 43 minutes - 40.2 MBToday my guest is Shannon Robnett. With over 25 years of experience Shannon has been involved from start to finish on over $350 million in construction projects, and is dedicated to sharing his experience and expertise. And in just a minute, we're going to speak with Shannon about the multifamily marketplace.
BIGGEST RISK with Shannon Robnett
April 04, 2023 13:00 - 1 minute - 2.56 MBJ Darrin Gross I'd like to ask you Shannon Robnett. What is the Biggest Risk? Shannon Robnett You know, in my business, the Biggest Risk is taking on the project and having things like prices increase on commodities. You know, we started a construction project. And our lumber costs estimate went from 3 million to 9 million. We locked in on the way up and caught it at about five and a half million, but it was still a two and a half million dollar Upswing on that. Those are the ris...
Commercial Real Estate Deal Cycle Interest Rates with Dan Brisse - CRE PN #399
March 30, 2023 09:00 - 40 minutes - 36.9 MBToday, my guest is Dan Brisse. Dan is the co founder and principal at Granite Towers Equity Group, where he oversees the Operations, Acquisitions, Investor Relations and Asset Management. Dan is resident of southern Washington and is also a former professional athlete. As a professional snowboarder for over 13 years, Dan took home multiple X Games gold medals, and was known as one of the top urban snowboarders in the world. Dan's drive for excellence and success transpires into Granite Tower...
BIGGEST RISK with Dan Brisse
March 28, 2023 13:00 - 25 seconds - 792 KBJ Darrin Gross I'd like to ask you, Dan, Brisse, What is the Biggest Risk? Dan Brisse Yeah, I would say that there's a couple boats the the one biggest one is get your debt right. In this market, particularly if your debts wrong, they can blow up the deal, and you can lose the entire deal lose all investors equity. So I'd say that that right now is the most important piece if you're looking for the one biggest risk.
Commercial Real Estate Market Investors Sellers and Deals with Doug McKnight - CRE PN #398
March 23, 2023 09:00 - 52 minutes - 48.3 MBToday, my guest is Doug McKnight. Doug has over 30 years of experience in capital markets. He specializes in maximizing portfolio performance while maintaining balanced risk versus yield relationships. And in just a minute, we're going to speak with Doug about the future of the commercial real estate market in 2023.
BIGGEST RISK with Doug McKnight
March 21, 2023 13:00 - 6 minutes - 12.9 MBJ Darrin Gross I'd like to ask you, Doug McKnight. What is the Biggest Risk? Doug McKnight Well, you know, when I think of risks, just in general, I think of what I said earlier, I think of what is my mission? What is my purpose? What's the end game? And then I try to measure the risk that's involved in achieving that.
Private Lender Funds Equal Win - Win For Real Estate Investors and Lenders with Jay Conner - CRE PN #397
March 16, 2023 09:00 - 45 minutes - 41.4 MBToday, my guest is Jay Conner. Jay is a proven real estate investment leader and is known as the “Private Money Authority”, without using his own money or credit, Jay maximizes private money to buy and sell properties, with profits averaging $71,000 per deal. And in just a minute, we're gonna speak with Jay about how to find and access private money to grow your real estate portfolio.
BIGGEST RISK with Jay Conner
March 14, 2023 13:00 - 5 minutes - 9.45 MBJ Darrin Gross I'd like to ask you, Jay Conner, what is the biggest risk? Jay Conner So let me get a little clarification on that there. And so are you asking what's the biggest risk from the standpoint of the borrower or real estate investor? Or what's the biggest risk from the standpoint and perspective of the lender, the private lender? J Darrin Gross There's no no framing of this. It's how you choose to frame it. Jay Conner Well, so I'll quickly I'll quick...
Physician Real Estate Investors with Pranay Parikh - Cre PN #396
March 09, 2023 10:00 - 50 minutes - 46.2 MBToday, my guest is Dr. Pranay Parikh. He's a medical doctor serial entrepreneur and a podcast host. His unconventional journey to medicine helped him learn the skills to excel in entrepreneurship and real estate. Over the past 16 months, he's bought over 200 million in real estate and helped hundreds of others invest in real estate without being a landlord. And in just a minute we're going to speak with Pranay about time management, real estate and entrepreneurship.
BIGGEST RISK with Pranay Parikh
March 07, 2023 14:00 - 2 minutes - 5.05 MBJ Darrin Gross I'd like to ask you, Pranay Parikh, what is the biggest risk? PRANAY PARIKH So for commercial real estate, it's always debt, right? I mean, if you think about it, that's your biggest obligation every month, right? Every month doesn't matter. If there's a fire, there's a tornado, you have to pay the lender, right? Otherwise, they take the property back. So you can get that risk to zero by paying all cash. And that's possible, but you're gonna get a couple percent ret...
How TIF Bonds Help Developers and Municipalities Finance Development with Xiao Yuan - CRE PN #395
March 02, 2023 10:00 - 41 minutes - 38 MBToday, my guest is Xiao Yuan Xiao is the managing director of Hagmann Capital and manages the day to day operations as well as leading all bond structuring and negotiations or Hagmann capital portfolio. And in just a minute, we're going to speak with Xiao about TIF bonds. That's the Tax Increment Financing bonds, and what they are and how they're used.
BIGGEST RISK with Xiao Yuan
February 28, 2023 14:00 - 1 minute - 3.13 MBJ Darrin Gross I'd like to ask you, Xiao Yuan what is the biggest risk? Xiao Yuan Yeah, you know, like any financial product, I mean, it truly is interest rate risk. So, you know, it's not something that you can eliminate, you can, you know, transfer to some extent, you can minimize, to some extent, but, you know, on a day to day perspective, I mean, we do have a fee, it is, you know, anytime we buy a bond, anytime we, you know, look at look at any type of these financings day t...
Logistic Facilities Growth with Doug Kiersey - CRE PN #394
February 23, 2023 10:00 - 52 minutes - 48.1 MBToday, my guest is Douglas Kiersey. Doug is the president of Dermody Properties, and oversees all of the company's operations and strategic initiatives, including capital formation, acquisition, development, and investment management activities. He is a member of the Dermody properties advisory board and chairs the company's executive and investment committees. Since Mr. Kiersey has joined the firm Dermody Properties has developed and acquired industrial logistics assets with an aggregate va...
BIGGEST RISK with Doug Kiersey
February 21, 2023 14:00 - 2 minutes - 5.18 MBJ Darrin Gross I'd like to ask you, Doug Keirsey. What is the biggest risk? Doug Kiersey Well, it's interesting, you should ask to ask that question. A question that I asked myself and I asked our team when we're considering an investment is, what is our risk adjusted return look like? And so I know, or my investors know, if they want to put their money in the so called Risk Free investment, that's also known as the US 10 year treasury, that presently they can get a return of abou...
Wealth without Wall Street with Russ Morgan - CRE PN #393
February 16, 2023 10:00 - 44 minutes - 40.3 MBToday, my guest is Russ Morgan. Russ is the co founder and partner had wealth without Wall Street, an online community that seeks to re educate business owners and families on how money truly works. And in just a minute, we're going to speak with Ross about what is investor DNA and why you should only invest when following yours.
BIGGEST RISK with Russ Morgan
February 14, 2023 14:00 - 49 seconds - 1.49 MBJ Darrin Gross I'd like to ask you, Russ Morgan, what is the biggest risk? Russ Morgan The biggest risk is lack of access to cash. The biggest risks, preventing people from being financially free as they have no access to cash is what keeps us going to work every day. Right? It's, I have to be able to make the mortgage payment, I have to be able to make the student loan payment, I have to create the income in order to go on that once a year vacation, pay the cell phone bills, an...
Hand Written Marketing Notes Make You Stand Out with Rick Elmore - CRE PN #392
February 09, 2023 10:00 - 29 minutes - 27 MBToday my guest is Rick Elmore. Rick is an entrepreneur sales and marketing expert, and former college and professional football athlete and the founder of simply noted, and in just a minute we're going to speak with Rick about simply noted, it's a proprietary technology that puts real pen ink or pen end to paper to scale handwritten communication, helping businesses of all industries scale this unique marketing platform to stand out from their competition and build meaningful relationships w...
BIGGEST RISK with Rick Elmore
February 07, 2023 14:00 - 1 minute - 2.51 MBJ. Darrin Gross I'd like to ask you, Rick Elmore, what is the biggest risk? Rick Elmore Yeah, it's a great question. You know, I think I don't know if this is a cliche answer. But I think the biggest risk is not taking the risk. You know, I was somebody, before I started this business, who was not a huge risk taker was kind of like, in my bubble, I stuck to a plan. You know, I was very regimented, scheduled, I had that athletic background where your life is just completely booked...
Benefits of a Public Adjuster with Andy Gurczak - CRE PN #391
February 02, 2023 10:00 - 41 minutes - 38.2 MBToday, my guest is Andy Gurczak. And he is the founder of all city adjusting a licensed Public Adjusting firm, and he immigrated to America from Poland with his family at the age of nine. And after working in the construction industry, more specifically Fire Restoration, he discovered his true calling public adjusting. This discovery was largely thanks to herb Johnson, the first African American public adjuster in Illinois who took Andy under his wing.
BIGGEST RISK with Andy Gurczak
January 31, 2023 14:00 - 55 seconds - 1.7 MBJ Darrin Gross I'd like to ask you, Andy Gurczak, what is the biggest risk? Andy Gurczak I think my answer if it's not insurance related would be fear. Fear would be the biggest risk. Like you said, Fear is what holds people back is you want to transfer that risk. You said you want to minimize that risk. Fear. To me, when I look at the what's the risk? Well, the risk is fear. If I don't do something and being scared to go out there and do something, we'll call that PA or to me, t...
Investment Real Estate Investor Loan with Brad Hansen - CRE PN #390
January 26, 2023 10:00 - 57 minutes - 52.8 MBToday, my guest is Brad Hansen. Brad has been in the mortgage business for 18 years helping clients meet with home financing goals. He also is a real estate investor and loves to educate others on how to build wealth through real estate.
BIGGEST RISK with Brad Hansen
January 24, 2023 14:00 - 3 minutes - 6.26 MBJ Darrin Gross I'd like to ask you, Brad Hansen, what is the biggest risk? Brad Hansen Yeah, that's a good question. You know, I think, you know, there's a couple of them. Number one, I mentioned a few of these number one, I think you have to be really careful. Trying to do too much too quickly, right? It's like anything, the more experience you get, the better you'll be at IT knowledge. So I always say, they walk before you run, right? And make sure that you're not, you know, if ...
Benefits of Owning the Real Estate Your Business Occupies with Paul Neal - CRE PN #389
January 19, 2023 10:00 - 36 minutes - 33.7 MBToday, my guest is Paul Neal. Paul is the founder and Principal Funding Strategist. At Vantage Point Commercial Capital. A firm that focuses on helping entrepreneurs and real estate investors win by funding their growth in dreams in non traditional ways.
BIGGEST RISK with Paul Neal
January 17, 2023 14:00 - 2 minutes - 4.92 MBJ Darrin Gross I'd like to ask you, Paul Neal, what is the biggest risk? Paul Neal Well, I think the biggest risk that business owners and entrepreneurs face today and into the foreseeable future, is what I call big, big government, big technology, big media, even big banks. We've seen it over COVID, it's been in our face, that there's a there's a, there's a movement to sort of aggregate the power up into the hands of the few again, whether it's a government media, big business is, y...
Senior Housing Investment Opportunities with Stuart Keller - CRE PN #388
January 12, 2023 10:00 - 35 minutes - 32.1 MBToday, my guest is Stuart Keller. Stuart is currently the head of Investor Relations syndication division, focused on senior living communities throughout the US.
BIGGEST RISK with Stuart Keller
January 10, 2023 14:00 - 1 minute - 2.47 MBJ Darrin Gross I'd like to ask you, Stuart Keller, what is the Biggest Risk? Stuart Keller You know, I would say, you know, I think what we all experienced, experienced collectively as a nation in 2020. And 2021, was, you know, a pandemic, that disproportionately impacted the senior population, you know, the impact to you and I was a lack of availability to get a haircut, you know, some small mom and pop a lot of a lot of small stores, and, you know, mom and pop businesses went o...
From Brooklyn to Bel Air with Leonard Atlas - CRE PN #387
January 05, 2023 10:00 - 48 minutes - 44 MBToday, my guest is Leonard Atlas. Leonard is with Mission Profitable Inc. Leonard is an author, speaker and sales trainer working with commercial real estate professionals around the world. And in just a minute, we're gonna speak with Leonard about the 80/20 Pareto principle. And he's got a presentation "From Brooklyn to Bel Air".
BIGGEST RISK with Leonard Atlas
January 03, 2023 14:00 - 3 minutes - 7.03 MBJ Darrin Gross I'd like to ask you, Leonard Atlas, what is the biggest risk? Leonard Atlas Just a clarification, do you mean to me or to my clients, J Darrin Gross You can frame it for your for yourself or your clients, however you however you'd like to frame? Leonard Atlas Well, I've spent so much time thinking about my clients. So the biggest risks of my clients is wasting the two commodities that you can never get back. You can only spend, you can never get...
Multifamily Investing with Jaspreet Baveja - CRE PN #386
December 29, 2022 10:00 - 33 minutes - 30.4 MBToday, my guest is Jaspreet Baveja. Jaspreet is the director of funds strategies. And he has a BA in Management Information Systems from Florida International University and a computer engineering degree from Penn State University. He has been investing in real estate since 2013. And full time since 2019.
BIGGEST RISK with Jaspreet Baveja
December 27, 2022 14:00 - 1 minute - 3.38 MBJ Darrin Gross I'd like to ask you Jaspreet Baveja, What is the Biggest Risk? Jaspreet Baveja Oh, man, I think I think shifting market trends is the biggest risk, because you never know exactly when it's going to start, you could be in the middle of a transaction when it hits you the hardest. And that makes you lose a deal. Because the market shift changed the valuation, the market shift changed the loan, the lender was willing to give you the market shift changed the rent rates you ...
Healthy Building Design with Joanna Frank - CRE PN #385
December 22, 2022 10:00 - 43 minutes - 39.7 MBToday, my guest is Joanna Frank. Joanna is the CEO of Fitwel, where she advances design and development practices to foster healthy and engaged communities. And in just a minute, we're gonna speak with Joanna about healthy building designs.
BIGGEST RISK with Joanna Frank
December 20, 2022 14:00 - 3 minutes - 6.19 MBI'd like to ask you, Joanna Frank, what is the Biggest Risk? Joanna Frank 36:51 the people in your buildings, because as we've talked about it is people that really decide value by what we value as people and our society translates into the value of your asset. So that kind of comes back to why location, why is this location more valuable than another location it is because we, as people value those attributes. And we can see that and we can correlate it with real data, right. So ...
Defeasance, How To Avoid Prepayment Penalties On CRE Debt with Kevin Swill - CRE PN #384
December 15, 2022 10:00 - 55 minutes - 51.3 MBToday, my guest is Kevin Swill. Kevin is the CEO of Thirty Capital Financial, a commercial real estate debt advisory firm and pioneer in the defeasance space. Kevin is an accomplished executive with experience in acquisitions does dispositions, financing, capital raising asset and property management.
BIGGEST RISK with Kevin Swill
December 13, 2022 14:00 - 5 minutes - 9.83 MBJ Darrin Gross I'd like to ask you, Kevin Swill, what is the Biggest Risk? Kevin Swill Right now the Biggest Risk that we have our borrowers that are out there that either need to sell their asset, one because their partner is a fund, and the fund will only hold an asset for five years. And their underwriting and their performers over the last. You know, look, we've been in a great situation for the last What 10 to 12 years where interest rates have been historically low. But aga...
How Tenants Can Limit the Effects of Inflation on Their Lease with Jason Aster - CRE PN #383
December 08, 2022 10:00 - 51 minutes - 47.5 MBToday my guest is Jason Astor. Jason is the managing director at KBA Lease Services nationwide lease auditing service that works on behalf of commercial tenants to recover rent overcharges and reduce occupancy cost.
BIGGEST RISK with Jason Aster
December 06, 2022 14:00 - 5 minutes - 10.3 MBJ Darrin Gross I'd like to ask you, Jason Aster, What is the Biggest Risk? Jason Aster In my little space, the Biggest Risk is willful blindness to what you should be paying for your lease. You spend a lot of money and time getting into these major leases, hundreds of 1000s of dollars in legal fees, brokerage millions and brokerage fees depending on what party you are, you know, FF and E fit out for you 200 bucks a square foot a huge amount of money getting into them. I think you...
Wall Street vs Real Estate with Craig Berger - CRE PN #382
December 01, 2022 10:00 - 47 minutes - 43.4 MBToday, my guest is Craig Berger. Craig founded Avid Realty Partners in 2015. After spending more than a decade on Wall Street as a multi award winning equity research analyst. The firm's portfolio has grown meaningfully in recent years, and includes acquisitions and operations of over 14 150 units in secondary and tertiary markets throughout the United States.
BIGGEST RISK with Craig Berger
November 29, 2022 14:00 - 2 minutes - 4.92 MBI'd like to ask you, Craig Berger, what is the biggest risk? Craig Berger 42:57 Darrin, you're really good interviewer, you're asked some great questions, and you're really smart. Our biggest risk, my biggest risk is taking a finite amount of personal resources and growing a business. I'm hiring I'm buying deals and having the investor of last resort or the backstop in any of my deals if if a deal needs more money, I really don't do capital calls. I've I've always invested out of ...
How to Start Investing in Commercial Real Estate with Todd Nepola - CRE PN #381
November 24, 2022 10:00 - 45 minutes - 41.6 MBToday, my guest is Todd Nepola. Todd is a commercial real estate investor manager there excuse me, investor and manager. He deals in retail and industrial properties, class B and C properties. And they own and operate and lease and manage several million square feet in of these properties.
BIGGEST RISK with Todd Nepola
November 22, 2022 14:00 - 2 minutes - 4.32 MBJ Darrin Gross: I'd like to ask, you know, Paula, what is the biggest risk? Todd Nepola Well, I know you said you don't want an insurance that needed insurance answer, but I'm gonna tell you as a real estate owner, the biggest risk is not knowing working with a good insurance broker. So I'll give you a real quick story again that the second building I bought one of the guys I rented space to restore tires, and the tires caught on fire. And when I was told that I got that there was...
Real Estate Investing Offense vs Defense in Changing Market with Spencer Hilligoss - CRE PN # 379
November 17, 2022 10:00 - 58 minutes - 53.3 MBToday, my guest is Spencer Hilligoss. Spencer is the CEO and co founder of Madison Investing a real estate investment firm specializing in real estate syndications. As a passive investor and active syndicator. He understands the unique challenges that busy professionals face when starting out in their real estate investing journey. Spencer's mission is to arm investors with a know how they need to make confident investment decisions tailored to their individual life goals. Prior to pivoting ...