Welcome to Mogul Insights! My name is Jilliene Helman, Founder and CEO of RealtyMogul. We are one of the first real estate crowdfunding marketplaces. In 2012, I quit my corporate banking job with the goal of pioneering a platform to help savvy investors with the knowledge and the access necessary to invest in an asset class that was previously out of reach for most. Now, I’m bringing this insider knowledge to you. In this podcast, you’ll gain insights from experts across the Commercial Real Estate landscape, as we discuss hot economic issues, discover where opportunities lie, where data is trending, and what savvy investors need to know in order to succeed in real estate!
Christopher Rising is Co-founder & CEO of Rising Realty Partners Estate and manages their day-to-day business activities while also serving on its Investment Committee. Drawing on his experience as Senior Vice President, Asset Transactions at MPG Office Trust, Inc., Chris is skilled at managing acquisitions and creative development. He is a current member of the Pasadena Chapter of the Young Presidents Organization and is a member of the Board of Overseers at Loyola Law School and a member of the board of RiverLA. Chris received his J.D. Law, Real Estate from Loyola Law School and his B.A. in History and Political Science from Duke University. Chris joins me on the Realty Mogul podcast to share his insights into sourcing great acquisitions in office and industrial real estate and why he is passionate about leveraging technology in the sector. He discusses what he loves about the industrial space and why Rising Realty made the leap from office to industrial. Chris also dives into his post-COVID-19 predictions for office real estate, his belief that they will become hubs for teams as opposed to rows of cubicles. “There's great real estate all across the country, and you got to be a sharpshooter — you have to understand what you don't know and hire for that.” - Chris Rising This week on The Reality Mogul Podcast: Why Chris moved from law into real estate and how his family background impacted his decision Chris' vision of building a company that was technologically forward and how that vision has evolved over the last 18 months Chris' theory of investing in office space — what he is looking at when underwriting office lease rates What Tenant Improvements (TI) and Leasing Commission (LC) are and how they affect Rising Realty's decision to invest in office space Who is making the decisions on where companies position their offices in 2021 and why it's changed Why Chris believes that the office isn't dead, even after the COVID-19 pandemic how to find the ‘great bones' of a building The supply and demand of office real estate and whether you are better off in a growth market with a lot of supply and the economic potential to make development attractive Markets that Chris is bullish on in office real estate and those he is more cautious about How Chris is taking his expertise in office real estate and bringing that to industrial Chris' predictions of how industrial and office real estate markets will look in 5-10 years Connect with Chris Rising: Rising Realty Partners Website Rising Realty Partners on LinkedIn Rising Realty Partners on Instagram Connect with Realty Mogul: Realty Mogul Website Realty Mogul on Instagram Realty Mogul on Facebook Realty Mogul on Twitter
Dave Eisenberg is the founder, and Managing Director of Zigg Capital, a venture capital fund focused on the real estate and construction industries. He invests in companies that provide novel software and hardware solutions to the real estate industry or that create new uses of space entirely. Before founding Zigg Capital, Dave was the global Senior Vice President of technology at CBRE Group, which he joined due to their acquisition of Floored, which Dave also founded. Dave graduated from Harvard with a degree in psychology and lives in Manhattan with his wife and two daughters. Dave joins me on the Realty Mogul podcast to talk about what Zigg Capital is, what they're doing, their core focus, and why they are exclusively looking for technology-based businesses. He also educates us on the different buckets that PropTech investments fall into, from Software as a Service (SaaS) to transaction platforms and hardware companies. Dave also describes just how much net new activity there is in the broader PropTech ecosystem and shares the PropTech niches he is most excited to see develop over the next 10-20 years. “There's a lot that's working against you when you're a startup: no one's heard of you, you have no brand, but what you have is you have the ability to take risks that are hard for big companies to take for fear of cannibalizing existing profit streams. You are also able to build on very, very modern infrastructure.” - Dave Eisenberg This week on The Reality Mogul Podcast: Dave's career trajectory so far and how his previous fascinating roles led to him founding a capital venture fund Why Dave believes that startups are better suited to innovate in the PropTech world than large companies How Zigg capital sets itself apart when working with entrepreneurs and the competitive advantage it gives them Why Dave thinks that artificial intelligence is going to impact real estate Some clear applications for upcoming PropTech Why the innovation in the broader real estate ecosystem inspired Dave to start his own fund How cryptocurrency will impact the real estate industry over the next 20 years Connect with Dave Eisenberg: Zigg Capital Website Dave Eisenberg on LinkedIn Connect with Realty Mogul: Realty Mogul Website Realty Mogul on Instagram Realty Mogul on Facebook Realty Mogul on Twitter
Larry Bond co-founded Bond Companies along with his brother Robert Bond in 1987 and serves as its Chairman. The company has won dozens of awards for its innovative developments throughout the United States. Larry has been developing mixed-use properties for more than twenty years, including the award-winning, Sunset & Vine, a 750,000 square foot mixed-use project in Hollywood at the intersection bearing its name. Sunset & Vine won more than a dozen national awards, including “Project of the Year,” “Best Urban Mixed-Use Project,” “Best Urban Retail Center,” and “Best Residential Project.” This includes the highly coveted “Golden Nugget” award for best real estate development. Bond Companies has offices in Los Angeles and Chicago, and Larry heads up the Los Angeles office. Larry joins the Realty Mogul podcast to discuss how Bond Companies acquire the land for their developments, the attributes they are looking for, and how they take their first steps with a project. He shares how the company determines the best use for locations in terms of choosing to build mixed-use, multifamily housing, or multi-family with retail or office space. Bond Companies was founded in 1987 and since then has won many prestigious real estate industry awards, so Larry also discusses where they see themselves going in the future. “One of the ways to create hidden value is literally diving into the details.” - Larry Bond This week on The Reality Mogul Podcast: How Bond Companies find the neighborhoods that are ripe for development and their vision for pre-gentrified locations Whether they are making different decisions post COVID for their developments Why they have a tenant avatar in mind when building a development How Bond Companies dig into the detail of zoning regulations to determine the possibilities for specific locations Larry gives a breakdown of the steps needed to bring a successful real estate development to fruition How Larry got his start in retail development The timelines and financing of Bond companies developments Connect with Larry Bond: Bond Companies Website Larry Bond on LinkedIn Connect with Realty Mogul: Realty Mogul Website Realty Mogul on Instagram Realty Mogul on Facebook Realty Mogul on Twitter
Reed Goossens is a real estate entrepreneur, investor, author, public speaker, and author. His professional background is in civil/structural engineering, and after nine years in the field, he took the plunge full time into real estate investing and development. Reed moved to the US in 2011, and within the first year, he had purchased his first duplex for $38,000. He subsequently started RSN Property Group, a multifamily syndication investing firm involved in the acquisition of over $60 mill worth of real estate to date. Reed also launched the podcast Investing in the US – An Aussie's guide to US real estate in early 2016, where he interviews the cream of the crop within the real estate industry to better educate other investors who want to break into the US Market. Reed joins Jilliene on the show to share the details of his portfolio, his investment thesis, and the assets he's currently investing in. He gives listeners insights into the mindset required to overcome your fears, the importance of taking action, and the habits that he practices to keep him on track to achieve his goals. Reed also shares what he is doing in his underwriting to mitigate climate change issues in his assets, particularly in the light of the unanticipated weather in his major area of interest. "You don't get to deal number 10 without doing deal number one." - Reed Goossens “Investment strategy has to be value-added — I have to be able to come in and add value to the asset, it's not coming in and putting it on pause and letting it coast, and hopefully, inflation and market growth happens, I want to be forcing that that appreciation.” - Reed Goossens This week on The Reality Mogul Podcast: How Reed made the giant leap into purchasing his first property in Syracuse, NY, and the lessons he learned from that purchase How he found networking opportunities in the USA and the moment he realized he could scale his property business Key lessons that Reed has learned as part of his growth journey Why his investments are concentrated in Austin and San Antonio in Texas and whether he saw a lot of problems with your assets during the major freeze earlier in 2021 Reed's value-added strategy of not buying fully stabilized deals Which markets other than Texas are attractive to Reed right now Reed's thoughts on where interest rates are going to go and how he is mitigating his risks What Reed thinks about the impact of and inflation as the result of COVID relief bills and other stimuli and how it will impact his portfolio and thesis moving forward What the next five to 10 years hold for the RSN Property Group Connect with Reed Goossens: Reed Goossens Website Reed Goossens on Instagram Reed Goossens on Facebook Reed Goossens on Twitter Connect with Realty Mogul: Realty Mogul Website Realty Mogul on Instagram Realty Mogul on Facebook Realty Mogul on Twitter
Kathleen 'Kathy' Corton established Hillcrest Finance in 2013 and serves as its Chief Executive Officer and Chief Investment Officer. She has over 30 years of experience in the real estate industry, primarily focused on debt investing. Before establishing Hillcrest, Kathy was Co-Owner and Partner of Brickman, a New York-based real estate equity and debt investment management firm. During her tenure at Brickman, Kathy was responsible for debt and equity investing through discretionary commingled funds. Kathy joins Jilliene on the Mogul Insights podcast to discuss how she got into the real estate business and to tell the inception story of Hillcrest Finance. In addition, she shares her views on the competitive market today for lending and debt in general terms, compared to when Hillcrest Finance was founded in 2013. Kathy also gives her insight into the challenges and opportunities that she sees on the horizon, both for the real estate industry as a whole and specifically for the debt world. "The opportunities are that the industry keeps evolving. There are a lot of interesting challenges ... in terms of interest rates and the profile of the asset class." - Kathy Corton This week on The Reality Mogul Podcast: How the debt investment landscape has changed as a result of the pandemic, and what Hillcrest are doing differently today than they were pre COVID-19 Why Kathy made the strategic decision at Hillcrest Finance to focus on debt investing Which areas within debt investing Hillcrest are focusing on today, including examples of recent transactions The typical risk profiles of Hillcrest Finance's clients What Kathy considers to be most important when looking at sponsorship, location, and property performance What are the minimum requirements are for sponsors to work with Hillcrest Finance Which asset classes Kathy is favoring and disfavoring currently The challenges and opportunities Kathy sees both for the real estate industry as a whole and specifically for the debt world The challenges and opportunities that Kathy sees at the forefront of expectations for 2022 Connect with Kathy Corton: Hillcrest Finance Website Connect with Realty Mogul: Realty Mogul Website Realty Mogul on Instagram Realty Mogul on Facebook Realty Mogul on Twitter
Brad Hargreaves is the founder and CEO of Common, the leading residential brand and operator that designs, leases, and manages multifamily properties that appeal to modern renters. Through smart design and tech-enabled property management, Common delivers exceptional experiences across 11 cities and 6,000 units in co-living, microunit, and traditional apartments. Brad co-founded General Assembly, a global education institution with campuses in more than 15 cities worldwide, and most recently, he was a Venture Partner at Maveron, General Assembly's lead investor. Brad joins us on the Mogul Insights podcast to share how Common creates consistency of experience given their desire to create a residential brand that was both affordable and had an upscale design aesthetic. He discusses Common's pre-COVID-19 decision to expand the firm from only managing co-living, into also managing traditional multifamily, describes what drove that strategic decision and outlines Common's direction for the future. Brad also details how Common is differentiating itself from traditional property management firms in the multifamily space. "The biggest misunderstanding that people have about co-living that we try to dispel, is that co-living is an extension of student housing. We think about it as an earlier entry into Class A Multifamily in a great neighborhood." - Brad Hargreaves This week on The Reality Mogul Podcast: Brad's atypical background and how he moved from General Assembly to end up in real estate The profile of Common's typical renter in a co-living community The markets where Brad sees co-living working best and why Common's experiences during COVID-19 - financially, operationally, and psychologically for their tenants Who is the right kind of operating partner for Common, in terms of size of units or specific markets Where Common sees the opportunities to use technology to improve on existing solutions in co-living Common's new remote work hub product and how the current pilot is progressing Connect with Brad Hargreaves: Common Website Common on Facebook Brad Hargreaves on LinkedIn Connect with Realty Mogul: Realty Mogul Website Realty Mogul on Instagram Realty Mogul on Facebook Realty Mogul on Twitter
Chris Aiello is the Co-founder and current board member of Six Peak Capital, a real estate private equity firm solely focused on developing environments that change the way we live, work, sleep, and interact with our world. He leads all Los Angeles Sourcing, Acquisitions, Underwriting, Capital Markets, and Development at Six Peak Capital. Chris is also the former Chief Financial Officer and Head of Real Estate Acquisitions & Investments at Pan Brothers Associates. On this episode of the Mogul Insights podcast, Chris Aiello and Jilliene Helman discuss the affordable turn-key flexible living solution of co-living and changing housing expectations for the post-pandemic world. Chris outlines why co-living is a great affordable housing option that allows renters to more readily support their career, lifestyle, and mobility. Chris also shares his insights on why investors should consider a co-living deal instead of traditional multifamily and how co-living deals are typically financed. "What's happened over the last five or so years is that technology has made it easier to lease and manage the co-living space." - Chris Aiello This week on The Reality Mogul Podcast: What co-living is, and when the concept got started What Six Peak Capital expects from their property managers, how they choose them and how they hold them accountable Chris's insights into the demand for co-living during COVID and how his company has managed to keep clients safe during the pandemic What happened with rent collections in the heart of COVID, how that compares to Class B workforce housing, and how they leveraged technology to streamline their processes Why co-living works so effectively in expensive markets like Los Angeles What Chris is looking for strategically when choosing a location for a purpose-built co-living development Where Chris sees the co-living concept in 10 years Connect with Chris Aiello: Six Peak Capital Website Chris Aiello on LinkedIn Connect with Realty Mogul: Realty Mogul Website Realty Mogul on Instagram Realty Mogul on Facebook Realty Mogul on Twitter
John Sebree is the senior vice president and national director of Marcus & Millichap's Multi-Housing Division. He began his career as an agent with Marcus & Millichap and earned numerous awards, including eight National Achievement Awards, Top 20, and Chairman's Club designations. John's extensive background as a major multifamily specialist spans more than 20 years, and his primary focus is guiding the strategic expansion of the multifamily sales force by working closely with the firm's agents and developing relationships with clients. Today on the Mogul Insights podcast, John Sebree and Jilliene Helman discuss the data supporting John's opinion that multifamily has performed consistently and steadily over the past few months. He shares his insights into what's happening in multifamily real estate nationally and why some areas are becoming more attractive to investors while others drop in popularity. John also dives into the impact of rising rates on multifamily and whether he feels that we will see yield compression in the near future. “From a high level 30,000 foot view it's it's looking very positive going out over the next few years.” - John Sebree This week on The Reality Mogul Podcast: Broad brushstrokes of what John is seeing in the multifamily real estate industry Whether he thinks the fundamentals of multifamily will change dramatically in the next three to five years. Why it almost feels like there has not been a recession in the multifamily industry John's opinions on what is going to happen to cap rates How the possible federal minimum wage increase would impact multifamily The three central issues that John thinks will have repercussions on multifamily real estate in Spring 2021 What the data is telling John about tracking the young adult population and why real estate investors should be interested Connect with John Sebree: Marcus and Millichap Website John Sebree on LinkedIn Marcus and Millichap on Facebook Connect with Realty Mogul: Realty Mogul Website Realty Mogul on Instagram Realty Mogul on Facebook Realty Mogul on Twitter
Jared Morgan has served as Senior Vice President, Head of Acquisitions at Four Springs Capital Trust in Maryland since August 2016. He supports the real state investment trust in acquiring and managing a diversified portfolio of single-tenant income-producing commercial properties. Jared has 27 years of real estate underwriting acquisitions and dispositions experience, with over 15 years of experience in the net lease sector. Jared was also the former Vice President of Acquisitions at Spirit Realty Capital, where he originated and acquired retail, industrial special use. In this episode of the Mogul Insights podcast, Jared Morgan shares the central principle he keeps in mind when making a retail sector purchase with Realty Mogul's CEO Jilliene Helman. He discusses terms and whether he currently favors long terms left on leases or whether he's willing to take the risk if there are only a few years left remaining on the lease term. Jared also shares some case studies of recent deals that he has bought and the key tenants of those deals from both a credit perspective and a real estate fundamentals perspective “You've got to always go back to real estate fundamentals. It's, you know, it's what we do with what we buy. It should be the first and the last metric you're looking at when you're making decisions.” - Jared Morgan This week on The Reality Mogul Podcast: What are the key factors that have driven people into the net lease sector, recently Why Jared favors playing close attention to the data and proxy metrics to inform investment decisions, particularly in the medical sector What the true fundamentals of real estate are, and why investors need to be keeping them at the forefront of their mind Whether Jared is investing in medical deals today and why Industrial sector deals right now where Jared can generate a risk-adjusted return that meets his thresholds Credits that Jared is explicitly avoiding at the moment and the kids of companies that he is wary of currently What's next in terms of deals that Jared has on the table and the geographies he's looking at Connect with Jared Morgan: Four Springs Capital Trust Website Jared Morgan on LinkedIn Four Springs Capital Trust on Facebook Connect with Realty Mogul: Realty Mogul Website Realty Mogul on Instagram Realty Mogul on Facebook Realty Mogul on Twitter
Mitch Sinberg is a multifamily and commercial real estate debt and equity financing expert who serves as Senior Managing Director for Berkadia's Florida mortgage banking team. He co-manages the state of Florida, and since joining the firm in 2013, has increased Berkadia's annual volume ten-fold and is consistently named to Berkadia's ‘CEO Circle' representing the top producers and leaders in the firm. Mitch is also an adjunct professor at Nova Southeastern University, teaching real estate finance and investment in the school's MS in Real Estate program. Realty Mogul CEO Jilliene Helman and Mitch discuss the COVID-19 vaccine currently on the horizon and give a retrospective of events in multi-family real estate in 2020 and how the sector has weathered the pandemic. Mitch provides a high-level overview of investing in multifamily real estate in 2021 and shares his thoughts on why it is currently the safest place to put your money. Mitch also dives into details of the markets he is excited or concerned about from a long term perspective and where he would deploy his capital right now. “Real estate in general, and certainly multi-family within the Real Estate sector, is the most stable of the sectors. We are seeing investment demand as strong we have ever seen it..” - Mitch Sinberg This week on The Reality Mogul Podcast: Mitch's take on the differences between the 2008/09 recession for multi-family and the current downturn Why rent delinquencies are not higher in 2020, and Mitch's thoughts on collections going into 2021 Historical trends and data on collections, and the insight that it provides for the current situation The impact of the stimulus on the markets and whether Mitch foresees significant change in 2021 Why the pandemic has shown improvements in certain markets and how COVID-19 played a part in accelerating trends Mitch's take on the direction that Interest rates will take, and his message to investors on a portfolio level The projected impact on investors in real estate taking into consideration the change in the cap for Frannie Mae and Freddie Mac How a Biden presidency will affect multi-family real estate investors in 2021 Connect with Mitch Sinberg: Berkadia Website Mitch Sinberg on LinkedIn Berkadia on Instagram Berkadia on Facebook Berkadia on Twitter Connect with Realty Mogul: Realty Mogul Website Ken Bodenstein on LinkedIn Realty Mogul on Instagram Realty Mogul on Facebook Realty Mogul on Twitter
Ken Bodenstein is Director of Acquisitions for Realty Mogul Communities, the direct acquisition arm of Realty Mogul. With over 30 years of real estate experience, principally in acquisition and asset management of multifamily properties, he is responsible for sourcing and acquiring multifamily assets in the Eastern United States. Ken has also held senior positions with other prestigious real estate firms, including AIG, Rockwood Capital, and AREA Property Partners. Realty Mogul CEO Jilliene Helman and Ken Bodenstein discuss the 2020 election, the results that show Joe Biden as President-Elect and Kamala Harris as Vice President-Elect, and what it means for commercial real estate. Ken describes the ramifications of the upcoming fork in the road depending on who wins the special run-off elections for control of the Senate in Georgia. They also consider what the focus of the Biden Administration might be and how their priorities will impact on real estate investors through 2021 and beyond. “Although there is a light at the end of the tunnel and although six months into the future things will look pretty good the next three to four months still look very difficult.” - Ken Bodenstein This week on The Reality Mogul Podcast: Ken's opinion on whether the Biden Administration will increase taxes or modify tax havens for real estate investors. What will happen for commercial real estate if there is a split House/Senate Expectations for capital gains tax, opportunity zone policies, and 1031 exchange policies next year Whether demand for commercial multi-family real estate will stay healthy, and pricing continue to hold up, in light of the Fed's interest rate policy Ken and Jilliene's opinion on whether Biden will push for tax increases while the pandemic is still ongoing Whether the Fed will wait until we see economic growth in the short term before changing their low rate policy The impact of two promising Covid vaccines on a long-term real estate investing strategy Connect with Ken Bodenstein at Realty Mogul: Realty Mogul Website Ken Bodenstein on LinkedIn Realty Mogul on Instagram Realty Mogul on Facebook Realty Mogul on Twitter
Tyler Griffin is Senior Managing Director and Chief Operating Officer for the Mortgage Banking Business of ORIX Real Estate d/b/a Lument, a national leader in commercial real estate finance for investors in multifamily, affordable housing, seniors housing, and healthcare real estate. She is responsible for managing business operations across all loan platforms and overseeing transaction management and communications. Tyler also supports initiatives to integrate technology with current practices to facilitate production in these challenging times. Listen in as our CEO, Jilliene Helman, speaks with Tyler Griffin, and they dive into how COVID-19 continues to impact real estate deals that Fannie Mae and Freddie Mac, and the Federal Housing Administration (FHA) have made. They discuss what real estate investors can expect from Fannie and Freddie and the FHA after the upcoming election's uncertainties and over the next two years. Tyler also explains how Lument and other lenders are leveraging technology during COVID-19 to stay one step ahead of the game and make sure to get deals done. “Everyone wants the best properties and the best sponsors, and so as long as there is competition for sponsors and properties, there will be competition in the lending market as well.” - Tyler Griffin This week on The Reality Mogul Podcast: How large multi-family real estate has held up and how the stimulus contributed to that result Lument's Internal predictions on their debt servicing book and the trends that they are currently seeing What impact Fannie and Freddie's targets and quotas will have on rates into 2021 The disruption to the bridge market and where Lument see rates and leverage Geographies that Tyler is looking to avoid or augment and why How the election will impact rates and debt availability and why Tyler is looking back at 2016 for the answers Tyler's thoughts on what will happen to the stimulus after the election The impact of COVID-19 on the senior living asset class and the changes being made on the ground to stabilize it The eviction moratorium, whether Tyler expects it to be extended by the CDC, and whether she anticipates challenges being made to the policy Tyler's predictions for real estate over the next two years Connect with Tyler Griffin: Lument Real Estate Website Tyler Griffin on LinkedIn Lument Real Estate on Facebook Lument Real Estate on Twitter Connect with Realty Mogul: Realty Mogul Website Realty Mogul on LinkedIn Realty Mogul on Instagram Realty Mogul on Facebook Realty Mogul on Twitter
Blake Okland is Vice Chairman and Head of Multifamily Investment Sales for Newmark Knight Frank. His role is to increase collaboration and improve client services nationwide by identifying and executing strategic initiatives. He previously served as president of ARA Asset Management, led the company's governing body, the National Executive Committee, and is currently an Executive Committee member of the National Multifamily Housing Council (NMHC). Blake has also worked as an acquisitions and dispositions analyst with Archstone-Smith Communities Trust, where he was directly involved with transactions totaling $500 million. Today, Realty Mogul's CEO, Jilliene Helman, and Blake discuss what the US Multifamily trade expectations were prior to COVID-19 and how the pandemic impacted on those expectations. Blake shares what he is seeing in investments, which global investors continue to invest in the US, how the pandemic has altered the US multifamily market, and what is happening to global demand because of travel difficulties. Drawing on his experience of seeing Multifamily from many different angles, Blake also gives his opinion on whether now is the right time to sell Multifamily assets and discusses where you should put your money if you do decide to sell. “We've got a lot of headwinds that COVID-19 has created, we've have a ton of workarounds which are going to make this messy middle of the rest of 2020, 2021 and into 2022, for Multifamily a lot more manageable than any of us would have imagined.” - Blake Okland This week on The Reality Mogul Podcast: Blake's thoughts on distress in Multifamily housing and why we haven't been inundated with widespread COVID discounts Whether now a good time to be a net buyer, and why Another financial cycle this time reminds Blake of and his recommendations of how operators should navigate through it from an assets management point of view Why government intervention is affecting Multifamily - how should they underwrite the stimulus package drying up, and why the eviction moratorium is troubling Human, underwriting, and operational elements of why foreign investors decide to invest in the US and how current government regulations will affect that confidence What brokers are enjoying about the situation right now and the advancements that would come out of the pandemic How Newmark Knight Frank is evolving and developing to continue to be a successful brokerage in this downturn Newark Knight Frank's orientation to managing assets that will potentially be exposed to climate change problems Opportunity zones and why they're an added area of interest rather than a focus Connect with Blake Okland: Newmark Knight Frank Website Blake Okland on LinkedIn Newmark Knight Frank on Instagram Newmark Knight Frank on Facebook Newmark Knight Frank on Twitter Connect with Realty Mogul: Realty Mogul Website Realty Mogul on LinkedIn Realty Mogul on Instagram Realty Mogul on Facebook Realty Mogul on Twitter
Ryan Davis serves as Chief Operating Officer at Witten Advisors and provides fact-based research, analysis, and discussion to inform investment decisions for multifamily development and help clients formulate their market strategies. After completing a Ph.D. in Economics from The University of Texas, Ryan joined Witten Advisors as a Senior Economist, having previously been Vice President of Royal Bank of Canada's Capital Markets and a Director at BMC Capital, a multifamily and commercial mortgage-banking firm. Ryan is in demand as a keynote speaker and currently serves as president the board of the DFW Association for Business Economics. Listen to Realty Mogul's CEO, Jilliene Helman, and Ryan Davis in conversation about the differences between concerns this year and last year for multi-family real estate investors and Ryan's thoughts on what lies ahead for the real estate industry in the 43 unique local markets Witten Advisors covers. Ryan discusses the macroeconomic picture and drills down into the markets that he believes will perform best through this cycle. Ryan also reveals his top strategic picks for markets in which to buy and hold for the long term taking into consideration job growth, rent growth, demographics, and rent control laws. “Housing will be a driver during this recovery so long as we have an active home-buying market and a home construction market.” - Ryan Davis This week on The Reality Mogul Podcast: If the worst is past, when do opportunities emerge? - Ryan's position on the current recession How housing supply is different now than in 2008/9 with particular reference to multi-family What Ryan anticipates will happen to property prices over the next few months Whether now the right time to make investments and when to expect positive net absorption Markets that Ryan thinks will thrive in the long and short term across the nation Why dense urban locations are not doing so well at the moment What Witten Advisors believes will happen to cap rates over the coming months When is the right time to buy apartments to take advantage of possible opportunities Connect with Ryan Davis: Witten Advisors Website Witten Advisors on LinkedIn Connect with Realty Mogul: Realty Mogul Website Realty Mogul on LinkedIn Realty Mogul on Instagram Realty Mogul on Facebook Realty Mogul on Twitter
Mr. Schwartz co-founded Waterton Associates, and as CEO, he works with the senior leadership team to set the strategic direction of the company and its investment programs, lead the Leadership Committee, Investment Committee, and assist the team in investments and fundraising. David is a member of the executive committee, a senior officer, and serves as Chairman of the National Multi-Housing Council (NMHC); he is also a member of the Urban Land Institute (ULI) and the Pension Real Estate Association (PREA). Before founding Waterton in 1995, David was vice president of acquisitions for Equity Residential Properties Trust (EQR-NYSE) and from 1985 to 1989 worked with AMLI Realty Co. Listen in as Realty Mogul's CEO, Jilliene Helman, and David Schwartz discuss what Waterton Associates are doing to stay connected to other team members during the COVID-19 quarantine and how they are managing to achieve the best possible outcomes regarding multi-family. He shares the latest news on how he's helping to shape politics through the NMHC, outlines the current initiatives they are working on, and how much of his role at the NMHC is around educating Congress on real estate concerns. David also discusses how this recession compares to previous ones and what can we learn from the past despite the lack of a playbook for the current times “2022 is going to be a robust recovery - get through to 2022 because there is going to be a pretty strong U shape recovery when this pandemic is over.” - David Schwartz This week on The Reality Mogul Podcast: David's professional mentors and how he got started in the real estate business The Waterton way and how it shapes company culture Why David prioritizes giving back to the community via his company How the COVID-19 pandemic impacts on the real estate industry How the Cares Act functions as a critical facet to keeping people in their homes The availability of emergency rent relief vouchers and whether David thinks we will see them extended in the next stimulus package The eviction moratorium and David's predictions on the possibility of an extension at a federal level David's opinion on the best way to prevent mass evictions and how the proposed alternatives would work Predictions on how the economic recovery will play out What's next for David personally and professionally Connect with David Schwartz: Waterton Associates website David Schwartz on LinkedIn Waterton Associates on Facebook Waterton Associates on Instagram Waterton Associates on Twitter Connect with Realty Mogul: Realty Mogul Website Realty Mogul on LinkedIn Realty Mogul on Instagram Realty Mogul on Facebook Realty Mogul on Twitter
Diane Batayeh is the Chief Executive Officer of Village Green Holding LLC, and plays a pivotal role in the development and implementation of their business plans and strategic initiatives. She is an example of Village Green's "Promotion from Within" philosophy joining Village Green Holding in 1980, as a part-time sales consultant before eventually becoming the Chief Operating Officer and a Board Member in 2011, then President/COO, and ultimately Chief Executive Officer in 2017. Diane and Village Green firmly believe in the upward spiral of good fortune and are proud to support various charitable causes, including Ronald McDonald House Charities and the Live Like Roo Foundation. Listen in as Realty Mogul's CEO, Jilliene Helman, and Diane Batayeh discuss the value of working in and having an intimate understanding of all facets of a business and why Diane spent her whole career as one company. They consider the best practices in property management in the current climate and whether owner-operators are more reliable and effective than third party operators in getting problems resolved. Diane also shares a little about her role on the NMHC Executive Board's Executive Committee and gives us a macro perspective on what she anticipates the coming months holding for real estate. “Get comfortable being uncomfortable. You never know where life will take you.” - Diane Batayeh This week on The Reality Mogul Podcast: ● What led Diane into becoming a part-time leasing agent for Village Green Holding ● How she is keeping her employees motivated and focused both in regular times and in these challenging times ● Why she is an advocate for servant leadership ● The biggest mistakes property managers make and how to overcome them ● The crucial 4 Ps and how to use them to manage well ● Evolution of Village Green Holdings and why they value the family feel of the business ● The impact of the property manager on the collections rate ● Ways Village Green Holding have they changed their practices in light of COVID-19 ● The impact of technology and virtual leasing on their business and how they have protected their online security ● How underwriting has changed over the last six months ● How Village Green Holdings are managing bad debt in different asset classes Connect with Diane Batayeh: Village Green Holdings website Diane Batayeh on LinkedIn Village Green Holdings on Facebook Village Green Holdings on Instagram Village Green Holdings on Twitter Connect with Realty Mogul: Realty Mogul Website Realty Mogul on LinkedIn Realty Mogul on Instagram Realty Mogul on Facebook Realty Mogul on Twitter
Peter Linneman is a multi-award-winning economist who combines practical business insight and academic excellence has won him accolades, such as PREA's prestigious Graaskamp Award for Real Estate Research, and Wharton's Zell-Lurie Real Estate Center's Lifetime Achievement Award. He founded Linneman Associates, a leading real estate advisory firm, and currently serves as CEO of American Land Fund and CEO of KL Realty and has advised leading corporations and sat on numerous public and private boards. Peter's academic career centered around The University of Chicago and the Wharton School of Business at the University of Pennsylvania, his book Real Estate Finance and Investments: Risks and Opportunities in now on it's fourth edition, and he still distributes the Linneman Letter report. In this episode, Realty Mogul's CEO, Jilliene Helman, and Dr. Peter Linneman compare this economic slowdown and the recession of 2008/09. Peter gives his opinion from the economist's perspective on whether the cure has proved worse than the disease and the reasoning behind his thoughts. He also shares his tips on working out when it's time to jump back into the market, how to create your own barometer, and what unusual data sets you can leverage to be successful in real estate investing. "Treading water is very different to making progress and swimming forward. Holding a business together remotely is do-able, building a business remotely is pretty close to impossible." - Dr. Peter Linneman This week on The Reality Mogul Podcast: Peter's thoughts on adaptations we have to make regarding COVID-19 Peter's predictions for when we are going to come out of the recession How the virus will impact unemployment in the short and long term What the adjusted unemployment percentage is likely to look like by the end of 2021 The efficacy of models in predicting the shape of the recovery Thoughts on the stimulus and its political impact The rate of Inflation and the impact on real estate Whether this is the start of the great de-organization? What impact does the remote working trend have on the realty market Connect with Peter Linneman: Linneman Associates website Linneman Associates on Facebook Peter Linneman on LinkedIn Peter Linneman on Twitter Connect with Realty Mogul: Realty Mogul Website Realty Mogul on LinkedIn Realty Mogul on Instagram Realty Mogul on Facebook Realty Mogul on Twitter
Andrew Rybcyzynski, Managing Consultant at CoStar, provides analysis and ideas to help place capital for high-value clients, including pension funds, private equity, and developers pursuing investments in commercial real estate. He leads the multifamily team in researching paths for investment using spatial analytics through ArcGIS and Python to determine geographic relationships between target properties and their surroundings. Andrew also researches and writes on real estate trends and has contributed articles to the Journal of Portfolio Management and CoStar's Real Estate Portfolio Strategist and provides data to publications including The Wall Street Journal, The New York Times, and National Real Estate Investor. Listen in to Realty Mogul's CEO, Jilliene Helman, and Andrew Rybcyzynski discuss markets that will perform well despite COVID-19 according to the data, and Andrew's thoughts on some specific cities and their long and short term futures in terms of CRE. Andrew shares the intricacies of his work on population growth and draws some conclusions on how this recession may differ from the recession of 2008. They also drill down into when Andrew anticipates distress coming to the market, and he gives his pick of short term and long term buoyant markets, including his number one positive choice. "Remote working is a trend going forward, but we're not predicting that offices will be completely unused - we expect that workers will still be tied to their geographical location in some way." - Andrew Rybcyzynski This week on The Reality Mogul Podcast: Andrew's perspective on the recession and how it affects community real estate The new pattern of remote flexibility and why he believes that the office is not dead The markets that Andrews is most concerned about right now How an increase in property tax affects supply and demand Andrew's take on the data that shows online searches for rental property and what the statistics say about whether those searches are coming from within outside the metro and how that data compares to last year The best performing secondary and tertiary markets Southern growth markets and the short term problems in tourist areas The forecast for student accommodation countrywide The effect of the federal stimulus on the markets Connect with Andrew Rybcyzynski: CoStar website Andrew Rybcyzynski on LinkedIn CoStar on Facebook CoStar on Instagram CoStar on Twitter Connect with Reality Mogul: Realty Mogul Website Realty Mogul on LinkedIn Realty Mogul on Instagram Realty Mogul on Facebook Realty Mogul on Twitter
Manus Clancy, Senior Managing Director at Trepp, spearheads the development of Commercial mortgage-backed securities (CMBS) research and commentary at the company. He established Trepp as a pioneer in offering critical information for the daily workflow of the CMBS and Commercial Real Estate (CRE) finance industries, and his expertise has won Trepp a reputation of dependability that stretches all the way up to the US Federal Reserve. Manus has served on the US and UK Investor Reporting Package Committees of the Commercial Mortgage Securities Association and is often quoted on financial matters in the Wall Street Journal and New York Times in addition to his articles written for The Handbook of Commercial Mortgage Backed Securities and Whole Loan CMOS. Listen to the conversation between Realty Mogul's CEO, Jilliene Helman, and Manus Clancy that focuses on where the opportunities will lie in this unusual climate and on understanding what distress looks like in the CRE markets. Manus shares his thoughts on where the CRE hotspots lie and how they perform in relation to non-hotspots and when he sees the tipping point into distress happening. They also discuss the changing patterns of household formation and the impact of COVID-19 on lease renewal that Trepp sees in their current research. “Markets that have done well attracting tech companies will continue to survive; they continue to gobble up space in epic proportion, not only for office but for multi family and retail.” - Manus Clancy This week on The Reality Mogul Podcast: The effect of the federal stimulus on rents Which multi-family markets Manus is optimistic and pessimistic about Effect of remote working on multi-family markets Data and news from the retail markets What the numbers look like in the hospitality sector Asset classes poised to do well that Manus is excited about and why Manus' observations on the commercial CRE collateralized loan obligation market The CNBS market - how the markets works and what Manus is seeing currently Manus' predictions for the economy going forward Connect with Manus Clancy: Trepp website Manus Clancy on LinkedIn Trepp on Facebook Trepp on Twitter Connect with Reality Mogul: Realty Mogul Website Realty Mogul on LinkedIn Realty Mogul on Instagram Realty Mogul on Facebook Realty Mogul on Twitter
Vicky Schiff is a Founder and Managing Partner of MREC Management and is also the functional Chief Operating Officer of Mosaic Realty. She is an entrepreneur who has co-founded five companies since 1996, including real estate investment, a boutique investment banking firm, and Oro Capital Advisors which focuses on investors interested in acquiring commercial real estate debt and distressed assets across the USA. Vicky also has served on not for profit Advisory Boards such as the Robert Toigo Foundation and the USC Lusk Center of Real Estate and is committed to supporting women and minority emerging real estate firms throughout the US Listen in as Realty Mogul's CEO, Jilliene Helman, and Vicky Schiff deep dive into the intricacies of the current economic landscape and where they see investment opportunities over the coming months. Vicky shares what she has learned over the course of her career and what the last series of downturns taught her about trusting the data and doing her homework. Vicky also gives practical advice on how long a foreclosure generally takes and how Mosaic mitigates the risk of a longer timeline and goes on to share how long it will be until distressed transactions hit the market and her thoughts on how investors should time their action. “Doing your due diligence and knowing what questions to ask are the most important things - it's all about protecting the capital you've been entrusted with.” - Vicky Schiff This week on The Reality Mogul Podcast: An overview of economic drivers in the current climate Vicky's opinion on whether it's a good time to get back into the market Where Vicky sees opportunity today How Mosaic is making plans for the future The asset classes and target areas that make good opportunities The practical process of buying distressed loans The three most critical things to underwrite in good times and bad The rate of return Mosaic looks for when taking on a distressed fund. How Vicky thinks cap rates will adjust between now and 2022 Markets she is interested in and avoiding because of COVID-19 Connect with Vicky Schiff: Mosaic Real Estate Vicky Schiff on LinkedIn Mosaic Real Estate on Facebook Mosaic Real Estate on Instagram Mosaic Real Estate on Twitter Connect with Reality Mogul: Realty Mogul Website Realty Mogul on LinkedIn Realty Mogul on Instagram Realty Mogul on Facebook Realty Mogul on Twitter
Burl East is the CEO of American Assets Capital Advisers, and his career spans over 30 years on Wall Street as a Managing Director and as an NASD Broker-Dealer member-owner. He serves on the Board of Advisors of Comunidad Realty Partners, a real estate investment firm specializing in multifamily apartment communities. Burl has also served on the Leadership Council at USC‘s Lusk Center for Real Estate and the Board of Directors of Excel Trust Inc, is in demand as a speaker at international real estate industry events and as a contributor for highly regarded financial publications such as Barron's. Listen in as Realty Mogul's CEO, Jilliene Helman, and Burl East discuss the state of market volatility in the wake of the COVID-19 pandemic. Burl shares his thoughts on which assets could make a strong recovery and how private real estate investors can best position themselves to take advantage of current market conditions. Burl also gives listeners the benefit of his considerable experience in real estate investment and shares exactly why you shouldn't let valuation dominate your investing strategy and how to be intentional with your portfolio. “Favor quality over price.” - Burl East This week on The Reality Mogul Podcast: Burl's experience of Black Monday 1987 and the valuable lessons he learned Where Burl sees value opportunities today The three worst sectors to buy into in this climate The bright spots in retail in public companies Burl's thoughts on the Simon Property Group and Taubman Properties deal The best performing sectors currently What to do if you already own in the worst sectors? To sell or not to sell Horizontal markets and why Burl thinks they'll be part of a structural seachange How American Assets Capital Advisors intentionally designed their portfolio Apartments and investing and why rent control has changed the landscape of investing Burl's thoughts on which direction cap rates are moving Connect with Burl East: American Assets Capital Advisors website Burl East on LinkedIn American Assets Capital Advisors on Facebook Connect with Reality Mogul: Realty Mogul Website Realty Mogul on LinkedIn Realty Mogul on Instagram Realty Mogul on Facebook Realty Mogul on Twitter
Scott has over 25 years of experience in commercial real estate investment, focusing on multi-housing investment sales and realizing over $2 billion in transactions during that time. Scott is a managing director in the San Francisco office of Jones Lang Lasalle (JLL), having joined from HFF, and is responsible for institutional-grade investment advisory for multi-housing assets across the western United States. Previously the Owner and President of commercial brokerage firm Atlas IREG which offered strategic financial services to multi-housing investment and development companies, Scott is a member of professional organizations, NAREIT and ICSC, and got his degree from the University of Colorado at Boulder. Listen in to Realty Mogul's CEO, Jilliene Helman, and Scott Bales as they discuss the information from JLL's database on May 2020's residential collections and why they offer a unique perspective on the impact of COVID-19. Scott shares his insights on developments in the debt and equity markets and identifies some specific markets that have been hit harder than others. We also discuss international companies' approach to ensuring tenants are happy and healthy, moving forward, and how and why investments are being affected by politics and the upcoming election. “Democrat or Republican I think the diminution of uncertainty would be beneficial to the market.” - Scott Bales This week on The Reality Mogul Podcast: How and why JLL is judging the time frames for returning to normalcy region by region Impacts on various industries An update of the steps JLL clients are taking at the moment and why The damage done to the markets over the past few months and what the new normal might look like The forward outlook over 6-12 months for leasing and capital markets Multi-family assets collection data in May as compared to previous months The impact of the implosion of Airbnb rentals on the long term rental market What design changes in multi-family units Scott expects to come out of the pandemic Scott gives his tips on which markets to invest in or avoid in the coming months. Whether JLL is seeing distress in the retail and hospitality sectors Scott's thoughts on where interest rates are going to go and what the recovery will look like Connect with Scott Bales: Jones Lang Lasalle Scott Bales on LinkedIn Jones Lang Lasalle on Facebook Jones Lang Lasalle on Twitter Connect with Reality Mogul: Realty Mogul Website Realty Mogul on LinkedIn Realty Mogul on Instagram Realty Mogul on Facebook Realty Mogul on Twitter
Warren has been an active commercial real estate investor for the past 25 years in addition to his extensive experience a CPA. He is the co-founder of JRW Investments, Inc. and a managing member of ExchangeRight Real Estate, LLC where he focuses on empowering people to be independent by providing income funds and 1031-exchangeable investments that target secure capital and stable income. Warren has a B.S. in Business from Biola University and later earned a Master's degree in Taxation from Golden Gate University. Listen in to the discussion between RealtyMogul's CEO, Jilliene Helman, and Warren Thomas, Managing Partner of ExchangeRight where we talk about the current and future state of retail/NNN investing. Warren shares his thoughts on the current state of the economy and his biggest concerns going forward and details the investment criteria that ExchangerRight apply and the reasoning behind them. He also details the 1031 exchange extension rules and recent changes to their structure and discusses the effect of the upcoming election on 1031 exchanges and investments. “In the triple net and double net world its all about the credit quality and the nature of the tenants business.” - Jeremy Roll This week on The Reality Mogul Podcast: The type of tenants that ExchangeRight have and how COVID-19 has effected rental payments How best to manage a 2 to 3 month lag in your business Warren's biggest concern about the economy going forward Where to invest for future opportunities What defines an essential business and why that's important for investors How Investment ratings are categorized and what different categories mean to the default rate The future for online commerce and NNN post-COVID-19 Why Warren is cautiously optimistic and what shape he sees the recovery taking Warren's policy for clients who have asked for rent relief Which way he sees interest rates and cap rates moving Connect with Warren Thomas: ExchangeRight website Warren Thomas on LinkedIn ExchangeRight on Facebook ExchangeRight on Twitter Connect with Reality Mogul: Realty Mogul Website Realty Mogul on LinkedIn Realty Mogul on Instagram Realty Mogul on Facebook Realty Mogul on Twitter
Jeremy Roll has been a full-time passive cash flow investor since 2007, and as Founder and President of Roll Investment Group, he currently manages over 1,000 investors seeking opportunities in real estate and business asset investment. He has an MBA from The Wharton School, is a licensed California Real Estate Broker (for investing purposes), and has been an Advisor here at Realty Mogul since we launched in 2012. Jeremy is also one of the co-founders of For Investors By Investors (FIBI), a non-profit organization that allows real estate investors to meet and network with the rule of ‘no sales pitches' as its core foundation. Jeremy is also a sought after speaker at conferences and seminars and enjoys discussing passive cash flow investing, commercial and residential real estate investing, and the economy at events and on podcasts. Listen, as Jeremy shares his thoughts with Realty Mogul CEO, Jilliene Helman, on the current climate for commercial real estate investors and how he sees the investment landscape over the coming months. He discusses the relationship between the upcoming election and the economy and why it is vital to delve deeper behind the headlines to understand the intricacies of the shape that a downturn is likely to take. Jeremy also gives his predictions on current investment opportunities and responds to a request to advice for anyone coming into the working world with pointers on where in the world of real estate investment they should focus. “Debt is what really kills people in the downturn.” - Jeremy Roll This week on The Reality Mogul Podcast: What Jeremy sees in the current economy and how he is staying objective How the lack of a vaccine impacts on the financial situation in the USA How the oil markets impact on CRE investing and debt Whether Jeremy feels that corporate debt is a real threat to the economy Why the stock market looks as strong today as it did in 2019 What Jeremy thinks will happen to Interest rates in the US and his opinion on negative interest rates Jeremy's recommendations on what investors and partners operators and sponsors should do in all asset classes for the next few months Distressed debt and current investment opportunities How to invest for stability and recurring income Connect with Jeremy Roll: Jeremy Roll on LinkedIn Jeremy Roll on Instagram Jeremy Roll on Twitter Connect with Reality Mogul: Realty Mogul Website Realty Mogul on LinkedIn Realty Mogul on Instagram Realty Mogul on Facebook Realty Mogul on Twitter
Antonio Marquez is the Principal and Managing Partner of Comunidad Realty Partners, a real estate investment firm specializing in workforce housing communities in culturally diverse neighborhoods. Antonio has over 20 years of experience in companies that serve the Hispanic marketplace and focuses on urban real estate and affordable housing. Antonio graduated from California Polytechnic – San Luis Obispo then completed the Stan Ross Program in Real Estate at the University of Southern California's Lusk Center for Real Estate. Michael Brennan is a Co-Founder, Chairman, and Managing Principal of Brennan Investment Group. He began his industrial real estate career in 1984 as an Investment Specialist with CB Commercial and since then has orchestrated more than $14 billion in industrial real estate transactions in the course of his career. Michael currently acts as Executive Director of the University of Wisconsin's James A. Graaskamp Center for Real Estate in addition to appearing as an industry expert CNBC, CNNfn, and Bloomberg Television. Listen in as our CEO, Jilliene Helman, converses with Antonio and Michael about the strategies for responding to the ongoing Covid-19 pandemic. These two industry experts share their experiences and opinions of how the health crisis is affecting residential and commercial real estate and the programs they have in place to manage current issues on the ground. The conversation also turns to how Comunidad Realty and Brennan Investments are dealing with the constantly evolving legislation and how both companies see their sectors being affected by the pandemic through the remainder of 2020. “By no means has transactional activity come to a halt - banks are stronger than they've ever been and are now so strong they could withstand losses equal to that of the Great Depression and still make it.” - Michael Brenner This week on The Reality Mogul Podcast: How Comunidad Partners are formulating a holistic rent relief planning strategy How to put in place measures around expense containment in the multi-family sector Comunidad Realty's nonprofit scheme and how they are working to support residents through the crisis Preparation to manage rent relief for tenants and management How Brennan Investment Group is weathering the storm of the pandemic How Michael's company is looking after their workforce and the ways they are supporting remote working Real estate investment activity in the first half of 2020 and why Michael is still cautious The Care Act and the contrast between residential and commercial tenants' rights and responsibilities The state of new loans in housing finance with Fanny Mae and Freddie Mac and with private lenders Connect with Antonio Marquez: Comunidad Real Estate Partners Website Comunidad Real Estate on Instagram Comunidad Real Estate on Twitter Connect with Michael Brenner: Brennan Investment Group Website Brennan Investment Group on Facebook Brennan Investment Group on Instagram Connect with Reality Mogul: Realty Mogul Website Realty Mogul on LinkedIn Realty Mogul on Instagram Realty Mogul on Facebook Realty Mogul on Twitter
Ethan Penner is a founder of Mosaic Real Estate Investors and its Managing Partner and is credited as the creator of the Commercial Mortgage-Backed Securities (CMS) market. He was named among the U.S. Real Estate Industry's 100 icons of the 20th century, and the Real Estate Forum recognized him as one of the Real Estate Industry's 65 living legends in their 65th-anniversary issue. Ethan is also an adjunct professor at Graziadio School of Business at Pepperdine University and is passionate about educating people on the intricacies of real estate investing through his weekly blog and articles in publications including the Wall Street Journal, the Wharton Real Estate Review, and the Institutional Real Estate Investor. Listen in as our CEO, Jilliene Helman, discusses with Ethan Penner the current challenging climate and why he remains is optimistic about real estate investment opportunities during and after the Covid-19 pandemic. Ethan shares his perspective on what we can expect to see in Commercial Real Estate (CRE) in the future and offers his advice on the possible courses of action for real estate investors. He also discusses how the global health calamity has brought out the compassionate side of human nature in contrast to the crisis of 2007/8, why people are kinder and gentler in the face of the human suffering going on. “Real estate in America, despite the crisis, will continue to be the favored investment for the world.” - Ethan Penner This week on The Reality Mogul Podcast: The gulf between Wall Street and Main Street and why it happened Why Ethan was inspired to create the CMBS market and what he sees as its advantages and flaws The problems of not being able to see and understand what is happening with your investments What the strategy should be for borrowers who are struggling The relationship between the lender and the borrower and why it is vital to embrace the concept of fluidity How Covid-19 has created opportunities for real estate investors in the public markets Ethan's take on whether we will see negative rates in the near future and what that means Why it is critical not to lose purchasing power Connect with Ethan Penner: Mosaic Real Estate Partners Website Mosaic Real Estate on Facebook Mosaic Real Estate on Instagram Mosaic Real Estate on Twitter Ethan Penner Blog Connect with Reality Mogul: Realty Mogul Website Realty Mogul on LinkedIn Realty Mogul on Instagram Realty Mogul on Facebook Realty Mogul on Twitter