Podcasts about Blackstone

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FactSet U.S. Daily Market Preview
Financial Market Preview - Thursday 9-Oct

FactSet U.S. Daily Market Preview

Play Episode Listen Later Oct 9, 2025 4:02


US equity futures are slightly higher. Asian equities advanced broadly, and European markets opened mostly softer. Market sentiment remained positive following a rebound in the AI sector, with Nvidia leading large-cap tech gains and continued momentum from recent M&A headlines. September FOMC minutes confirmed most policymakers favored holding rates steady, aligning with Chair Powell's recent hawkish tone. Traders continued to price in the Fed's risk-management stance amid mixed signals on inflation and labor market risks. Meanwhile, the 10-year Treasury auction tailed slightly, reflecting softer foreign demand.Companies Mentioned: NVIDIA, Blackstone, Civitas Resources, SM Energy

The Audio Long Read
From the archive: The Blackstone rebellion: how one country took on the world's biggest commercial landlord

The Audio Long Read

Play Episode Listen Later Oct 8, 2025 44:48


We are raiding the Guardian long read archives to bring you some classic pieces from years past, with new introductions from the authors. This week, from 2022: the giant asset management firm used to target places where people worked and shopped. Then it started buying up people's homes. In one country, the backlash was ferocious By Hettie O'Brien. Read by Evelyn Miller. Help support our independent journalism at theguardian.com/longreadpod

The Food Blogger Pro Podcast
The Journey to $100k as a Content Creator with Johnny Brunet

The Food Blogger Pro Podcast

Play Episode Listen Later Oct 7, 2025 44:53


Niching down, the power of a simple sales funnel, and preventing burnout with Johnny Brunet.  ----- Welcome to episode 539 of The Food Blogger Pro Podcast! This week on the podcast, Bjork interviews Johnny Brunet.  The Journey to $100k as a Content Creator with Johnny Brunet Johnny Brunet's story is proof that a pandemic pivot can lead to major success! He went from stand-up comedy to mastering the Blackstone griddle, finding his sweet spot by creating content specifically for beginner cooks. He shares the secret sauce of his content empire: how he strategically focused on one niche tool to stand out and why targeting the starting-out crowd was the perfect gap in the market for massive growth. Beyond the cooking, Johnny gets real about the business, breaking down his successful revenue mix of YouTube AdSense, eBooks, and affiliate marketing. You'll get his best advice on keeping your sales funnel incredibly simple and the importance of smart content marketing to drive product sales. This episode will give you the blueprint for turning a niche idea into a full-time income without spreading yourself thin. Three episode takeaways: The power of niching down: Johnny's big pivot from comedy during COVID shows that sometimes you have to roll with life's changes! He found massive success by niching down to a specific tool (hello, Blackstone griddle!) and focusing on beginner cooks, proving there's gold in filling those market gaps. The simple sales funnel is your friend: Believe it or not, you don't need a crazy-complicated setup to make money! Johnny broke down his successful monetization mix of YouTube AdSense, eBooks, and affiliate marketing, emphasizing how a simple sales funnel and smart content marketing are key to actually moving those products. Don't spread yourself too thin: If you're creating content, take a note from Johnny: don't try to be everywhere at once. He recommends focusing on one type of content and, even better, just documenting your own learning process. It keeps you from spreading yourself too thin and is a great way to keep your audience engaged! Resources: Johnny's food blog: Johnny Brunet Be sure to check out Johnny's e-book, Griddle 101! Visit the members-only Food Blogger Pro forum here! Canva Stan Gumroad Kit ThriveCart FourthWall MKBHD — FourthWall Follow Johnny on YouTube and Facebook Join the Food Blogger Pro Podcast Facebook Group Thank you to our sponsors! This episode is sponsored by Yoast and Raptive. Learn more about our sponsors at foodbloggerpro.com/sponsors. Interested in working with us too? Learn more about our sponsorship opportunities and how to get started here. If you have any comments, questions, or suggestions for interviews, be sure to email them to podcast@foodbloggerpro.com. Learn more about joining the Food Blogger Pro community at foodbloggerpro.com/membership.

RuPaul's Drag Race Recap
The Rumor Mill: October 6, 2025

RuPaul's Drag Race Recap

Play Episode Listen Later Oct 7, 2025 47:45


Season Finale: “He's Playing the Long Game” Joe and Nathan close out the 2025 season of The Rumor Mill with a chaotic blend of heartfelt listener love, Eurotrip plans, and Blackstone-fueled madness. Nathan's packing his bags (and possibly his Grindr grid) for Europe, while Joe swears he's “totally straight now” and absolutely not talking about Jeremy or Carlo—except, of course, he is. From ghosted text threads to imaginary girlfriends, Joe gives a full report on his German heartbreak saga as Nathan tries (and fails) to keep the show on track. The duo takes listener voicemails covering everything from Drag Race Season 2 nostalgia to Real Housewives rankings, with shoutouts to Travon, Kevin, Katie, and the beloved “Elder Gay from Kentucky.” Joe even summons the long-dormant Mites for an update that veers into horror-movie territory before unveiling the return of the one and only Mr. Blackstone, who tears into a new listener's fashion sense with trademark venom (and suspiciously German admiration). Between fake news of Jane Goodall's demise, spontaneous voicemails, and a failed live call to Evan, the episode spirals in the best possible Rumor Mill way—equal parts chaos, camp, and catharsis. Before signing off, Joe and Nathan reflect on their chemistry, their listeners, and their growing legend as the internet's favorite duo to dish about everything except actual drag rumors. Joe's “I'm straight now” era—complete with girlfriend Aiden and denial. Nathan's European adventures (and the hunt for Eurocock). Listener voicemails from Trevon, Kevin, Katie, and Sean. The return of the Mites (with unexpected tragedy). Mr. Blackstone reviews listener Brendan's looks—and maybe civilization itself. Fake news of Jane Goodall's “death” and Joe's wild theory about podcast espionage. Talk of the Rulaska Thoughts future and potential format changes. A sweet farewell from Nathan before his trip—and a teaser that Rumor Mill will return. “I only express my emotions on shows. I never say how I really feel… which is probably why everyone's mad at me.” Got thoughts, theories, or voicemails for next season? Leave a SpeakPipe or DM @joebetance.

Get Rich Education
574: Mobile Home Parks and Parking Lots: Do They Have a Real Estate Future?

Get Rich Education

Play Episode Listen Later Oct 6, 2025 41:29


Are You Missing Out on Real Estate's Best-Kept Secrets? Imagine investing in properties where: Tenants fix their own roofs You can boost income with a few tech upgrades Most investors are too scared to even look This episode reveals two underground real estate niches that could change your wealth strategy forever: Mobile Home Parks and Parking Lots Special Guest: Kevin Bupp, an investor with over $1 BILLION in real estate transactions under his belt shares how everyday investors are building wealth in places others overlook. Grab your FREE real estate investment white papers and unlock hidden wealth strategies at InvestwithSunrise.com  Resources: Text FAMILY to 66866 Call 844-877-0888 Visit FreedomFamilyInvestments.com/GRE Show Notes: GetRichEducation.com/574 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  You get paid first: Text FAMILY to 66866 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review”  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Keith Weinhold  0:00    Welcome to GRE. I'm your host. Keith Weinhold, talking about first mobile home park investing and then investing in parking lot assets. What makes them profitable? What gets investors excited about mobile home parks and parking lots? What are the risks and what's the future of both of these real estate asset classes? All with a terrific guest today on get rich education.   Keith Weinhold  0:28   You know, most people think they're playing it safe with their liquid money, but they're actually losing savings accounts and bonds don't keep up when true inflation eats six or 7% of your wealth. Every single year, I invest my liquidity with FFI freedom family investments in their flagship program. Why fixed 10 to 12% returns have been predictable and paid quarterly. There's real world security backed by needs based real estate like affordable housing, Senior Living and health care. Ask about the freedom flagship program when you speak to a freedom coach there, and that's just one part of their family of products, they've got workshops, webinars and seminars designed to educate you before you invest. Start with as little as 25k and finally, get your money working as hard as you do. Get started at Freedom family investments.com/gre or send a text now it's 1-937-795-8989, yep, text their freedom. Coach, directly. Again, 1-937-795-8989,   Corey Coates  1:40   you're listening to the show that has created more financial freedom than nearly any show in the world.This is get rich education.   Keith Weinhold  1:56   Welcome to GRE from Burlington, Vermont to Burlington, Washington and across 188 nations worldwide. I'm Keith Weinhold, and you are inside get rich education. We are all firmly in the fall season. Now, autumn, if you prefer. And as we often do, we're discussing residential real estate investing today, but it's two different and distinct niches within that, and I guess they both have to do with wheels, as it turns out, mobile home parks in the first part of the show and then parking assets later today. I think there's a compelling future use case for at least one of those two to speak to our international audience for a moment, but this will actually help clarify things for you. If you're a North American too, though it's called a mobile home, well, it doesn't really have that much to do with wheels. There might not be any wheels on it. And if a resident lives inside one of these for, say, a decade, well then it's probably going to remain attached to that same location on the ground all 10 years. That's why a mobile home is often referred to now as a manufactured home. What it is is it's a factory built residence, constructed on a permanent chassis and then transported to a site. I mean, that's what we're talking about here, and they are a less expensive alternative to traditional homes that have, say, a cast in place, concrete foundation. So therefore, understand, mobile homes are affordable housing, highly affordable housing, and that's really important in this housing affordability crisis. And I've talked quite a bit about that on the show, and the meager national supply of that all types of affordable housing, they are recession resilient. I mean, that's just one reason why we love affordable housing types here at GRE where we're often buying rental property just below an area's median price. You know, people think of mobile home parks MHPS, that they're all crime ridden and that there are slumlords. But that is not true in every case. There are actually nice ones. If you're an MHP investor, you often only own the land beneath the structure, and not the mobile home itself. The resident owns the mobile home itself. So therefore, if there's a leaky roof or a window needs replacement, or flooring needs replacement, that is on the resident to fix, not you. MHP dwellers, they often don't have to pay property tax, though, because, like I said, they don't own the land. The landlord, or the community, therefore, is the one that has to pay the property tax. So there's some thoughts on mobile home parks for you, parking asset, real estate that's still settling into its post pandemic pattern with Return to Office mandates that aren't really fully matured yet. We're still settling in and seeing how that is going to look. And then when it comes to parking lots, you got to wonder about its future. When you consider the proliferation of autonomous cars, will that make parking lots obsolete? I'll have our guest address that longtime GRE listeners, you might remember episode 13 of this show, yeah, almost 11 years ago, that episode was about how autonomous cars will affect your future and your real estate and the very need for parking lots and a lot of what I discussed there in early 2015 that is beginning to come true, but this autonomous car adoption that is way slower than a lot of people thought. I mean, most Americans, they still have not been inside an autonomous car at all. A lot of people are still saying that they don't trust that that should change soon. But as for now, I'm just guessing that fewer than one in 10 Americans have been inside an autonomous car, probably quite a bit less than that. Today's terrific guest has over $1 billion in real estate transactions under his belt. This should be interesting. He is a specific investor in both mobile home parks and parking assets.   Keith Weinhold  6:26   Today's guest is a seasoned real estate investor entrepreneur, and he's a prominent voice in the space, because he hosts the real estate investing for cash flow show. He's built a strong reputation as an expert in two niches that have less competition than some other investments, and we'll discuss those two today. They are mobile home parks and also parking asset investments too often overlooked yet pretty profitable niches, and he and I have a lot in common. I'm on the Forbes real estate Council. He is on the Forbes Technology Council. He and I are both native Pennsylvanians. It's been quite a few years. Hey, welcome back to GRE it's Kevin Bupp.    Kevin Bupp  7:06   Hey, Keith, thanks for having me back. And yeah, excited to be here, my friend, and excited to finally get caught up. When you referenced that, it was nearly eight years since we last spoke. I was taken back a little bit because A lot's happened in past eight years.    Keith Weinhold  7:21   I know that's wild with where things are at. People didn't even know the meaning of the word pandemic when you were last here on the show, Kevin, let's talk about really the case for mobile home parks. I know they can be a strong, cash flowing asset once people are really dialed into them. I think what's interesting is, since you were last here on the show, really, from the pandemic on, it's been a well documented national story where lay people just know about how the supply of housing just is not adequate in order to meet demand, and what that usually means, just talking about the single family space is, of course, they're building, but they're not building fast enough to keep up with population growth and housing demand. But what's so compelling about mobile home parks is, I mean, they're barely even building them anymore, like they are contracting in supply in a lot of areas. So tell us more about the compelling case for mobile home parks.    Kevin Bupp  8:16   Yeah, well, you had a big one. You know? It's an asset class that has a diminishing supply, right? We can get into the reasons behind that. But, you know, just from a high level perspective, one of the other factors as it relates to, you know, available homes, available housing for the growing population, is that while they are building stick boat homes, they're not fulfilling the needs of those that actually need affordable housing. So there's not a lot of the average working household can't necessarily afford the starter home any longer, and so mobile home parks are unique. I truly feel they're the best vehicle to help us fill this void of housing, affordable housing that is really needed throughout the entirety of the country. I mean, there's very few markets in this country that are still affordable. There's some places you can still go buy. You can probably go to Flint, Michigan, buy a home for 50 or $60,000 but generally speaking, I think the median home price today, I think it's crested over 400,000 I don't have the exact number, but I do believe over $400,000 and the average starter family, or even folks that are, you know, just working two jobs, making 40, $50,000 a year, they can't afford to purchase that type of home, a $400,000 home. And so again, these mobile homes you had mentioned, they're not building mobile home parks any longer. However, they're still building new mobile homes, and it's kind of interesting what's evolved over the past 10 years. The quality of the product is it's like a night and day difference of what it looked like 1015, years ago, of the homes themselves to what they look like today, and what you get for your money. You know, the average single wide that we might be putting into a community, brand new home, 13, 1400 square feet. Someone could come in and for roughly $80.70 $80 a foot, can buy a brand new home that's never been lived in before, that's unheard of, that's absolutely unheard of when you compare it to the average or the median home price across the US today. So it really is kind of the last frontier, and it's typically any market that we're in, if you take the same comparable quality of an apartment complex in the same, you know, area of town, the same school districts, we're typically about 20% less all in cost to actually own your own home, versus that of even renting the comparable size apartment. So it's a very compelling reason for folks that are looking for an affordable place, but not just affordable, but clean, safe and quiet. I mean, like we run very respectable communities, they're in the really good school districts. They're places that folks are proud to live and raise their families, then,    Keith Weinhold  10:22   yeah, that's true. This would really help meet that affordability challenge, another problem that's been so well documented. Talk to us more about what makes mobile home park investing different from investing in single family rentals or even a fourplex or a 20 unit apartment building.    Kevin Bupp  10:40   A lot of the fundamentals are similar, and I would say that it's probably more comparable to that of an apartment complex to a certain degree. Just think of it as a horizontal apartment complex, where units aren't stacked on top one another. They're just layout horizontally more wider than they are tall. But the bigger difference is in most instances, we don't actually own the homes, so the residents own the mobile homes, whereas we as community owners own the infrastructure, we own the land. We own the roads, when the sewer lines, the water lines, the common areas, if it has a clubhouse, if it has amenities, so we maintain and we own all that collective area where the folks basically come and they bring their home, they fix it to the ground, and then ultimately pay a slot rent to have their home there on that premise. And so for us, it's very attractive in that the resident that's in their home, if they have a Roofing Leak, they have a plumbing leak, they have their HVAC system go out. They're not calling us like they enter an apartment complex. It's on them, yeah. So they're homeowners. And a couple other really attractive elements of that that come as a result of having residents that live there, not just renters, is that they're very sticky. And so just like in a standard single family subdivision, where you've got folks that might have lived there for generations, you just reference that your parents literally live in the same house, and so they've lived there a very long time. It is quite common to find residents and even multi generations of the same family that live in our communities. And a couple come to mind. We just celebrated a woman's 50th year of living one of our communities in brendalin. And so you've got sticky resident base. There's not a lot of turnover. And then the last big piece of it that is really attractive us is a homeowner mentality is very different than a rental mentality as far as upkeep. And so you got folks that they plant flowers, they ensure that their units have curb appeal, right? They put flags out, they put decorations out during the holidays. It's a lot more warmth than that of what you might find in a traditional rental apartment complex.    Keith Weinhold  12:26   So what all does the tenant pay for? You mentioned that they pay for the lot rent. What other expenses do they have? How does that look for them?    Kevin Bupp  12:36   Typically, you know, utilities. So they'll have their own individual meter. They'll pay, you know, direct to the utility company, utility provider, water and sewer as well. They'll pay for their water and sewer usage. And that can come in many different forms. Sometimes, where our communities have public utilities, where it's built directly by the utility provider, sometimes it's more of a private system, where we're actually acting and participating as utility provider and building them back for their usage. Really the standard things that you might pay for if you live in a single family home. I think so the areas where it might differ. And honestly, this is really community by community for us, some of our communities, literally, the residents, they pay for the utility use, but outside of that, literally, we mow the grass, we shovel their driveway, we shovel their walkways, we handle all those type of elements, whereas some other communities, the residents we might require that they actually maintain their own grass so they their own grass, so they have to mow it, or hire a a third party vendor to come in and mow it. They might have to actually shovel their own driveway. And a lot of how we run a community really is depend on how it used to be run when we took it over. You know, if it's not broke, we don't fix it. And so a lot of times we don't like shaking things up too much. If they're used to a certain way, we just keep it status quo and continue rolling on of how the prior ownership used to manage it really similar elements of what a folks, an individual living in a single family home, might pay for so very similar.    Keith Weinhold  13:48   Okay, so they pay you the rent for the lot. This puts nearly all the maintenance and repair burden on them. So is there any sort of HOA like body here?    Kevin Bupp  13:58   Not in our community. You do find some communities, and most of these that have an HOA are typically a community that's gone through more of a co op type arrangement to where the actual individuals only like fractionalized share of the community, the residents that live there, and so then they have a the oversight from an HOA that's managing the daily operations, managing the financing, managing the budget, things like that. But in our communities, no, there is not an HOA, I'd say the one other thing that's typically included in lot rent is they don't have property taxes, right? So we own the land, and so the individuals that live in these units aren't paying individual property taxes. A lot of states require that they have a registration fee, just like you do in your vehicle, that they would have to pay on an annual basis. And then most of them have insurance as well. You know they're covering you're carrying homeowners insurance on the actual dwelling itself. Outside of that, it's, again, just pretty straightforward,    Keith Weinhold  14:47   yeah. So here we are in this low competition, low supply niche that we're talking about here we think about communities and nimbyism and building, not in my backyard. ISM oftentimes that's a sentiment that residents of a certain area have, residents say something like, ah, we don't want this new 200 unit apartment building or mobile home park here in our single family home neighborhood, like, that's nimbyism. But in mobile home parks, to me, it seemed like nimbyism is often at a different level. It's at the government or the municipal level, like your town or city, might not want one, because it doesn't generate as much property tax revenue as a new single family neighborhood would. Is that the reality? Kevin,   Kevin Bupp  15:31    that's absolutely the reality. And that's why you don't see new parks getting built. I think last year, ones that I know of, there are about a dozen that were built, many more than that. They're actually shut down, you know, for redevelopment purposes. And so that is absolutely huge part of it. In fact, you know, it's frustrating, because pretty much every municipality across the country the topic of affordable housing, it's on the radar, and it's probably one that is discussed quite often. And in all reality, again, these mobile home parks really would help resolve that challenge at most of these you know, municipalities are the shortage of homes, affordable homes, that they're facing across the country. And so, you know, another big piece of it, you mentioned the tax basis, absolutely, you know, the municipality would make, they'd have much better tax revenue from pretty much anything else that could be built there. And so that's a big barrier. But the nimbyism piece of it, I think a big part of that is it's unfortunate. I think it's getting better over time. There's bad operators in our space, just like they're bad operators in the apartment space, just like there's bad operators landlords that have single family homes that just let them deteriorate over time and don't repair things. Unfortunately, we kind of get lumped all the mobile home parks get lumped in that bad bucket. And so while there's, you know, I always joke and say there's mobile home parks that are on the wrong side of town, wrong side of the tracks, right? You don't want to go to and during the daytime. Well, guess what? There's subdivision, the single family home, neighborhoods that are the same thing, and there's apartments that are like that as well. You don't go anywhere near them. And you've got the middle of the road, right? You've got just the good, hard working, blue collar folks that want to send their kids to good public schools. We've got those communities apartments are that way too single family home subdivision, you got white collar stuff. You got some higher end stuff. Unfortunately, we kind of all get lumped in that bad bucket. That's where the assumption that's made by folks that don't understand mobile home communities have never driven through one. They just assume that it's all, you know, basically, drug, sex, rock and roll, the wrong element that we do not want in our neighborhood. We don't want anywhere near us. It's going to devalue our home prices. And for that reason, you just don't see them getting built. It's unfortunate, but it's the truth.    Keith Weinhold  17:20   Yeah, I'm just thinking about the mobile home park that I drive past most often. It's sort of walled off. There's maybe an eight or 10 foot high wall around it. I don't know if that's something that the municipality erected to sort of screen its appearance off, or something that the mobile home park built, which is my guess as to who built it, but not all mobile home parks look blighted   Kevin Bupp  17:43   absolutely, yeah. And I don't know the case that you just referenced there. I mean, it could be for sound deadening purposes, if it's off of a busy road. It could have been something put up as far as just to kind of shield off so folks that are driving past don't see the community. My guess would be that's probably not the the reason that was built. But in any event, these are, there's, you know, we've got a number of communities, Keith, that if you drove through, and I didn't, if I blindfolded you and you drove in, so you went past the entrance, you went past a sign that said manufactured home community, and I took you down a road, you wouldn't believe that you were actually in a mobile home park. Some of these homes, they're double wide homes, and they look like ranch homes, and so they're actually laid out perpendicular to this, or parallel to the street, and then they have two car site built garages that are attached to them via breezeway. So they look like your traditional ranch style home, but they're absolutely 100% mobile homes that could be moved if you wanted to move them, and for a fraction of the price of what a neighboring single family home might sell for. So there's all different qualities. They all come in different shapes and sizes. But to my point earlier, some of these communities, they're not even affordable. There's actually, there's down here in Florida, we've got what we call lifestyle communities. It's very common out in Arizona as well, where it's a lot of times a second home for snowbirds, you know, retirees that want to come down and want to live an active lifestyle. You know, they want to have two swimming pools. They want to have an activities director. They want to have, you know, shuffleboard and pickleball courts and tennis courts, and they want to live this lifestyle. And those units are anything but affordable. In fact, there's many. There's a community down the road for me that, you know, their lot rent is $1,200 a month, and so you factor that in with probably a house payment. And you know, you might be looking at 2000 to, you know, $2,300 a month, all in for the house and the lot rent. And so not necessarily in the affordable scheme of things, but they come in all shapes and sizes and again, unfortunately, we just get lumped into that bad bucket. It's unfortunate because I do think that we could really help start making a dent in this affordable housing crisis. I don't how it's going to happen any other way. I really don't, because we can't build affordable products at this point in time. It's not possible    Keith Weinhold  19:37   a posh an exclusive mobile home park there that you're referencing in Florida. As paradoxical as that sounds, tell us, Kevin, how that really works, because I know you help investors get in to mobile home parks. Does this mean an investor owns a full Park? Or I wouldn't imagine you're just doing it at the level where you just own one lot and then have One dweller pay you the lot rent. So tell us about how it works from the investor angle.    Kevin Bupp  20:05   We have fund structures that we typically roll out through sunrise capital investors and any one individual fund will own somewhere between nine to 13 somewhere, typically in that range, mobile home communities. These communities can range in size from maybe as small as 80 or 90 lots to the largest community we own at present time is 780 lots. And so it's quite large. I mean, the size of a small town. But essentially, investors come in and they own a based on their investment. They own a proportionate share of the various properties that are owned underneath that fund umbrella. And so one, an individual, might come with 100,000 and own a smaller proportion share than someone that comes in with a million dollars. But they are owners. They're absolute owners. They participate in the cash flow, they participate in the the upside, and they participate in the proceeds. When we have capital events, either cash out refinances or potential sale events.    Keith Weinhold  20:56   Tell us more about why it's so profitable. Why do mobile home park investors get excited,    Kevin Bupp  21:01   as with anything, Keith, you know, you got to buy it, right? And, you know, we look at a lot of deals, and a lot of deals don't pencil like, if we bought it for what they're asking, we would make money. We might lose money. And so the money's made on the buy, just like with any other type of real estate investment. But I think the one factor that really has allowed mobile home parks to be an attractive investment vehicle over the past, really, the last decade, it's grown the attention of lots of different private equity groups, institutional investors, that 15 years ago, they weren't in the space, and the biggest reason is a lot of these. It's a very fragmented niche, and so there was no consolidation that existed 10 years ago. There was really only two public traded companies outside that. It was mom and pops, mom and pops, that typically owned one, maybe sometimes two or three communities, but it was just a very fragmented niche. And what you find those fragmented niches that there's a lot of inefficiencies that exist in the operations. There's a lot of inefficiencies that exist with regards to utility management or managerial oversight within the community, or even keeping up with market rents. And so very often, we'll get into a community we just bought one at the end of last year, and right outside of Ann Arbor, you know, great sub market in Michigan. It's it literally has never traded hands. It was built back in the 80s by the gentleman we purchased it from. He was a subdivision developer, but he got into the manufactured housing space, so he built this, what looked like a subdivision, but it was mobile homes and and he basically owned it up until we acquired it last year, but gorgeous community, well maintained, needed some upgrades, different amenities that just were a little worn out and tired. But the biggest element within that community was that the market rents in the local area were roughly $800 a month. $800 a month for lot rent, and when we purchased it from him, the average lot rent throughout the community was $477 so there was a significant loss lease that exists. And we see this quite often with just over time they've owned it, free and clear, they go 567, years out, doing rent increases, and sooner or later, they find themselves in a situation where they are severely below the local market rents. And so there's typically a lot of loss, at least recapture, that we find going into these communities. Sometimes we'll also go in and we'll find there's a lot of waste with the water and sewer cost. It might not be billed back for usage to the residents, to where if you're not paying for something, sometimes you're abusing it. And a lot of times we can go in and put individual meters in and almost send entirely that savings down to the bottom line and find it as additional noi on our PNL. And so it's just inefficiency of operations, and again, quite common, given the mom and pop nature of this asset class. But it's very quickly becoming consolidated. Now it looks very different today than what it looked like as far as the ownership groups. When I go to an industry event 10 years ago, those other guys like us, and then a lot of mom and pops. Now it's, you know, the likes of reps from Blackstone and Carlisle group and and got lots of other institutional groups that are showing up there. So just it's very different world, and probably more akin to that of what the apartment sector looks like, as far as ownership groups and the consolidation that's happening.    Keith Weinhold  23:52   You're feeling more of that competition. Kevin and I are going to come back and talk about another, I suppose, real estate investment that has something to do with wheels, and that is investing in parking lots. I'm your host, Keith Weinhold   Keith Weinhold  24:07   if you're scrolling for quality real estate and finance info today, yeah, it can be a mess. You hit paywalls, pop ups, push alerts, Cookie banners. It's like the internet is playing defense against you. Not so fun. That's why it matters to get clean, free content that actually adds no hype value to your life. This is the golden age of quality email newsletters, and I write every word of ours myself. It's got a dash of humor. It's direct, and it gets to the point because even the word abbreviation is too long. My letter takes less than three minutes to read, and it leaves you feeling sharp and in the know about real estate investing, this is paradigm shifting material, and when you start the letter, you'll also get my one hour fast real estate video course, completely free as well. Now it's called the Don't quit your Daydream letter. It wires your mind for wealth, and it couldn't be simpler to get visit gre letter.com while it's fresh in your head, take a moment to do it now at gre letter.com Visit gre letter.com   Keith Weinhold  25:19   the same place where I get my own mortgage loans is where you can get yours. Ridge lending group and MLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage, start your pre qual and even chat with President chailey Ridge personally. While it's on your mind, start at Ridge lending group.com that's Ridge lending group.com.   Ted Sutton  25:51   Hey, it's corporate directs Ted Sutton. Listen to get rich education with Keith Weinhold, and don't quit your Daydream.   Keith Weinhold  25:59   welcome back to get rich education. We're talking about two real estate investment niches with Kevin bump today, an expert in both mobile home park investing and in parking lot assets. And Kevin, I got to tell you, I am more skeptical about parking lot investing than I am about mobile home park investing, but you can probably help me with this. I think we know that. I mean, gosh, just historically, ever since Henry Ford did his thing. I mean, mass transit adoption is really slow in most US cities. But anymore, one needs to wonder, okay, can autonomous cars disrupt the parking model? A Robo taxi can just constantly stay on the road, dropping off and picking up passengers where, you know, some people foresee a day in the not too distant future that people won't even need to own cars. They'll sort of have a subscription to a car service, but now this is where your expertise is. So I'm sure you thought above and beyond that. So what are your thoughts there, just for the need for parking spaces?    Kevin Bupp  27:11   You make a valid point. I think the adoption of that, it's, I think it will be very different from market to market, say, the city, whereas, if you want to maybe look at one area. We have a parking garage today in downtown Phoenix, Arizona. Phoenix is very much a driving city. It's parsed out very far the public transit. It's not great there. And again, it's just it's a wider state, whereas, if you compare it to like a San Francisco, the adoption of Robo vehicles and robotaxis and things like that autonomous vehicles is much, much faster than that of a of a phoenix. But also San Francisco is much a much more consolidated marketplace as far as the urban core. And so for that reason, you know, we look at parking, it's got a there's a couple things also that feed into that. So I want to back up a little bit. One of the major changes that has been really playing out over the past 15 years within the parking sector is that building departments within now, I think it's over 100 cities across the country. Denver just announced last week that they're also adopting this policy. And that policy is that historically, if you were Keith, you're going to go on, hey, I want to build this in downtown. I want to go build this apartment complex, condo complex, mixed use property, whatever it might be. Historically, they would have required you, whether you wanted to or not. They would have made you put in a certain amount of parking per 1000 square feet, every municipality would have a formula. And what, what a lot of these cities realized a couple decades ago is that, based on their, you know, antiquated formulas, they had a surplus of parking available on a lot of these downtown areas. You know, it wasn't being used. And given the developer an opportunity and the choice to say, Hey, do I want to build 20 more parking spaces that aren't going to get used? Or I want to build want to build 10 more apartment units, they're going to choose the apartment units. And so the parking mem requirements have been taken away, have been eliminated in a lot of cities over the last decade plus. And so that's created a shrinking supply of parking because now when developers build something, they're building only as much as they need, sometimes not even as much as much as they really need, because then they can still rely upon other ancillary parking structures within the immediate marketplace. And so, so there's a shrinking supply of parking. And every city that we own in today there's a massive shrinking supply of parking. So that's big piece of it that we know that inevitably, if we get the location right, an area where literally, you wouldn't be able to afford, based on the cost of construction and the cost of lands, they wouldn't be able to afford even building new parking structure, if you so chose to. And now that there's also a shrinking supply, diminishing supply, of this parking that we can be comfortable in our demand for our product, and so to the point of like autonomous vehicles and things of that nature, I do think there will be a time. I don't know how long that time is. I do think that there will be a time where we'll see some sort of impact. I don't know what that is. And so how we underwrite deals is we feel very confident over the next 10 years. We have to have a absolute confidence level over the next 10 years that there's going to be continual demand based on the various factors within this marketplace, the demand drivers that are servicing that garage, like, who's parking there, why they're parking there. But second to that, when we. Buy something. We need to have the air rights. We know that there inevitably will be a higher and better use. So Location, location, location, it's got to make sense today as parking. We got the underwriting has to stand on its own as parking, and we have to have a comfort level that 10 years, there will be sufficient demand throughout the duration of the next decade, in the event things start changing down the road, we know that, literally, the lowest use that it could ever have is its present use, which is parking because it's just a concrete structure, sometimes just an asphalt parking lot, to where, once you go vertical, that's where you're going to be able to unlock a lot of additional potential. And so we don't underwrite the future. We look at that as icing on the cake. But we know, based on the the location, the proximity to, you know what else is happening in that marketplace, that location will be in demand, not just today, but many decades to come. So I'll stop there and see if you have any clarifying questions.   Keith Weinhold  30:51   I think about how for the parking lot investor, Jamie Dimon has been really good for you. He is so hard on the return to Office. Mandate?   Kevin Bupp  31:01   Yeah, I'd say one thing that's important to make note is, I don't know what the future holds for office I tend to make the argument that wherever picking office building in a marketplace, wherever they're at with occupancy today, I think it's probably as good as it's going to get. We don't have to go down that rabbit hole. But I just I feel like it's been long enough since covid. And don't get wrong, there's gonna be a few companies that are going to be pressed that are going to be pressing, you know, in a big way, to get people back, but I think 80% of them that we're going to go back are already there. And so any parking asset that we look at, if it's got more than 10 or 15% as far as relationship with an office building or multiple office buildings in immediate vicinity, then we typically pass on it. And on top of that, it's got to have a variety of demand drivers. So it just can't be supportive of one or two different demand drivers. We have have at least five. And so it can be a courthouse, municipal buildings, sports arenas. It's got to be a 24/7 city where there's something happening, 24 hours a day, seven days a week, hotel, valet, restaurants, retail, things like that. And office has to be a very minimal part of that makeup, or else we just move on, because I don't know how to fix it. How to fix that problem yet. I don't know what's going to you know what the future holds for your traditional office towers, especially the ones that are, you know, 50, 60% vacant at the present time? Yeah, that's interesting, because when you look at a parking lot and you're evaluating its potential and its current use, yeah, you're basically thinking about, what is that tenant mix. You don't want 100% of it to be for one office building. You would probably want a number of uses. That's correct. Yeah, absolutely. Again, like I said, Five is our minimum. I mean, the more the merrier. And I'd say another big piece of it, if we had to look at the different demand drivers and put a value or a hierarchy of what we feel, what are the highest priority demand drivers, transient is the best. I want to know that the folks that are coming there, there's enough attractions in immediate vicinity, and we need to know what those attractions are, and better understand those attractions. But there's a variety of attractions in the immediate vicinity to where it's going to continually attract transient parking. So it's not just it's not a reliance upon one thing. And so, for example, we just closed on a garage in historic Philadelphia, and so it's a block away from Liberty Bell, two blocks from Independence Hall, any of other museums. I mean, like it's it is we talk about location, location, location. It's there that part of Philadelphia has been in demand by tourism for hundreds of years, and I don't foresee that that changing anytime soon. And so 70% of the makeup of the traffic in that garage is made up of transient traffic, so folks that are visiting the various attractions and immediate vicinity. So even if one of those attractions went away, which most of them are historical, they're not going to go away. If one or two did, it still wouldn't have that significant of an impact on the parking demand.    Keith Weinhold  33:36   That's interesting. Okay, a transient customer, not one that's showing up and parking there every day to go to work. And yes, the Liberty Bell, Independence Hall, there's going to be a long term demand to see those sorts of things in person. So that's an interesting way to think about that. And Kevin, while we've been talking about parking, at least in my mind's eye, a lot of times, I've just been thinking about one paved at grade parking area, but we're talking about parking garages as well. Or what are some of the trade offs there between parking garages and an at grade parking lot?    Kevin Bupp  34:08   Yeah, I mean, at grade parking lot is, can't get any simpler than that. I mean, typically they're asphalt or sometimes just crushed gravel, but that's it. So as far as future capex requirements, there's not many, right? It's very, very minimal. Whereas a parking garage, especially if it's in a colder environment, where there's snow and you've got salt on the road, salt that's making its way up the concrete, seeping into the cracks, you've got structural rebar issues to worry about, things of that nature. So weather can take a major toll on parking structures if they're not maintained well. Whereas you know the worst that could happen the same weather, you know, the weather takes the same toll on these asphalt parking lots, but it really only equates to maybe a pothole that you have to fill in, and a parking structure could be deteriorated to the point of no return if it's been neglected long enough to where it might be unsafe, structurally where you know now you're you're getting condemned or shut down. So big considerations there, it's interesting. We Own, the one we own in Phoenix, the Phoenix, it's a desert. It's a desert climate. They get very little moisture. And that was that parking garage was built in the 60s, so very long time ago. It's the oldest thing we have in our portfolio, but it better condition has been preserved better than that of of a recent garage we purchased that was built in 1990 that's all the environment that's in. You know, there's really not much that can deteriorate concrete once in the desert.    Keith Weinhold  35:22   Was there any last thing on parking lot investing like something that gets an investor really interested in this asset class? What's really compelling and profitable about it?   Kevin Bupp  35:33    It's very technology driven business, and what we have found is a lot of these parking assets, of either they're owned by, you know, an individual investor, or if they happen to be owned by an institution, they've never been viewed as the primary investment vehicle. A lot of institutions that own parking garages, they happen to own them by default, because maybe they bought the two office towers years back, and it just happened to come with parking right? And so a lot of times, they've been somewhat neglected, like the PnL has been neglected. They haven't found ways to really extract all the value out of these parking facilities. And so very commonly, we'll go in and we'll find that the technology that's in place is 10 years old. And think about what a computer 10 years ago look like, right? Like it's you're not catching all the license plates. You're not able to log in and adjust pricing in a dynamic manner based on supply, demand factors. And so we can simply go in and just create a more efficient pricing model and find sometimes, you know, 10 15% of additional revenue just from doing those simple things, like literally a few $100,000 worth of upgrades and technology, we can add millions of dollars of value. There's other factors, you know, just simple things folks want to park in a not just clean and safe, but well lit. You know, they want to feel safe in lighting. And we'll find parking facilities that still have old halogen lights. Half of them are burnt out. If you start serving people, they're actually not parking there in the evenings. They're finding somewhere else to go because they don't feel safe. And so just going in and doing a revamp, you know, an upfit with LED lights, making it nice and bright, bright and clean and letting everyone feel safe, we'll find a instant increase in demand and Parkers in the later evening hours. So I mean just little simple operational tweaks that we can make that just have simply been overlooked for many, many years by the prior ownership groups.    Keith Weinhold  37:15   That's really interesting, that oftentimes the owner of a parking lot owns that parking lot as an afterthought, because they were in it to purchase the building that accompanies the parking lot. So it would make sense that when you focus on that parking lot, you could really add value and profitability to that lot. Well, Kevin, these have been interesting chats between mobile home park investing and parking lot assets. I think that the commonality here is that you the investor, are just owning a lot, and therefore the maintenance and hassles with these things are really low. This gives our audience an awful lot to think about. So Kevin, are there any last thoughts that you have about this space overall, and then please let us know how our audience can learn more.    Kevin Bupp  38:02   No additional thoughts. I don't believe I'd say that if you have an interest, if we've piqued your interest at all, we've written a number of white papers on both asset classes, both parking as well as mobile home parks. You can download all that for free on our website. Invest with sunrise.com We've got a number of other case studies on our website. We're pretty transparent. Well, what we buy, what we've owned, what we've exited out of. We'll go as far as providing appraisal reports and third parties and things like that on our website. So if you just want to get a sense of not just who we are, what we do, but just have a better understanding of the investment thesis behind parking and manufactured housing, there's tons of resources that you can download from the website.    Keith Weinhold  38:37   Well, that's a great way to learn more about Kevin, what he does, and then maybe even invest alongside him. Well, Kevin, it's been valuable and eye opening. It's been great to have you back on the show.    Kevin Bupp  38:46   Yeah, thanks for having me, Keith. Been a lot of fun, my friend. Good seeing you again.   Keith Weinhold  38:57   Yeah? Good stuff from Kevin there. The MHP space becoming more consolidated and corporatized too. You know, single family rentals are different from mobile home parks in that way. I mean, 90% of single family rentals are owned by small mom and pops, which means those people that own between just one and five properties, Kevin used the term loss to lease a few times. That phrase loss to lease being a real estate education show what that term means is really a lot like how it sounds. It is the potential income that a property owner misses out on because the actual rent collected is less than the current market rent. That's what loss to lease means. Though, I like the long term future of mobile home parks more than parking deals. You know, Kevin did, though, have some great answers for why he still likes parking. He focuses on a 10 year horizon. He. Looks for at least five use types for the parking. And then another great point is that in a lot of cases, the land that the parking occupies is its lowest use. So therefore, when they sell the parking area, they can get some nice exit income. That makes a lot of sense. And being two native Pennsylvanians like we are, I am familiar with that part of Philly that he's talking about. In fact, what's funny is that, in producing this show today, I guess cookies are doing their thing. This parking lot deal in Philly just appeared in my Instagram feed next week on the show, it'll be back to no guest. It's going to be all me, and you're going to hear some things that you wouldn't expect to hear Until then, I'm your host, Keith Weinhold, don't quit your Daydream.   Dolf Deroos  40:51   Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively.   Unknown Speaker  41:19   The preceding program was brought to you by your home for wealth, building get richeducation.com

No Payne No Gain Financial Podcast
Is The Labor Market Really Softening? Plus, Should You Trust Private Investments with Your Retirement?

No Payne No Gain Financial Podcast

Play Episode Listen Later Oct 2, 2025 18:51


This week on Payne Points of Wealth, Bob, Ryan, Chris, and Courtney dive into the evolving dynamics of the U.S. labor market. Despite predictions of a slowdown, companies are hesitant to lay off workers—even as hiring remains sluggish. Is this a sign of economic weakness, or are deeper demographic shifts like an aging population and reduced immigration reshaping the workforce?   We also unpack Wall Street's push to make alternative investments more accessible to everyday investors—a movement often branded as “democratization.” While financial firms tout the benefits of private equity and other alternatives, few are talking about the risks. In fact, as retail investors are being encouraged to buy in, institutional giants are quietly heading for the exits. Yale's $41.4 billion endowment is unwinding nearly $3 billion in alternative holdings.   Meanwhile, private credit—a market that barely existed a decade ago—is surging toward $2 trillion. Firms like Apollo and Blackstone are now lending directly to businesses, consumers, and real estate investors, giving regular investors unprecedented access. But is this truly a golden opportunity, or a hidden risk to your retirement? We break down the opaque, illiquid nature of these investments and what they could mean for your long-term financial future.   Tune in for our take on what's really happening in the job market and whether Wall Street's latest pitch is worth your hard-earned dollars.

The Tanya Acker Show
Grammy Winner Adam Blackstone Decides to Play Life in His Own Key

The Tanya Acker Show

Play Episode Listen Later Oct 1, 2025 42:10


What does it mean to live life through music? In this conversation, Adam Blackstone reflects on its power to heal, inspire, and connect, even in the face of censorship and politics. He recalls the unforgettable experience of performing in the Grace for the World Tour at the Vatican (now streaming on Hulu and Disney+), where artists from around the world united in song. Adam shares how music has defined his life, not just as a career but as a bridge across generations and communities, and he celebrates his latest album release, Humble Magic, Vol. 1, now available everywhere

On The Brink
Episode #471: Dan Berger

On The Brink

Play Episode Listen Later Oct 1, 2025 58:53


Dan J. Berger is an Israeli-American entrepreneur, author, and community builder known for creating ventures at the intersection of technology, hospitality, and human connection.He is the founder of Assemble Hospitality Group, a reimagined lodging concept designed to elevate the corporate retreat experience by blending hospitality, collaboration, and culture.Previously, Dan founded and scaled Social Tables, a pioneering event planning software company that transformed the global meetings and events industry. Under his leadership, Social Tables grew into the go-to platform for event professionals before being acquired in 2018 by Blackstone-owned Cvent in a landmark $100 million deal. Earlier in his career, Dan served on Capitol Hill as a congressional staffer, sharpening his skills in leadership and public service.A recognized thought leader, Dan has been honored with numerous industry accolades, including the Pacesetter Award from the Events Industry Council. He earned his BA from Hunter College and an MBA from Georgetown University. His latest work, The Quest: The Definitive Guide to Finding Belonging (ForbesBooks, 2024), explores the universal search for connection and purpose in both business and life.Beyond business, Dan is deeply engaged in civic and cultural initiatives. He is the founder and chairman of the Idaho Israel Alliance, fostering bridges between communities. He lives in Boise, Idaho, with his wife and daughter.

Omaha Places
Pizza Spots, Best Day Trips, Happy Hours Around Town

Omaha Places

Play Episode Listen Later Oct 1, 2025 40:06


Happy October! In this week's episode of the Omaha Places podcast, Cahner and Delaney discuss various local happenings, including the transition of the tennis season, the excitement surrounding Halloween pop-up bars, and their experiences at new coffee shops and restaurants. They explore favorite day trips from Omaha, share insights on the best pizza places in the Blackstone area, and touch on the challenges of maintaining updated happy hour lists.   Events:  Life of a Showgirl Listening Party at Albany & Avers: https://omahaplaces.com/event/taylor-swift-listening-party/ Popup Pickleball at Heartwood Preserve: https://omahaplaces.com/event/pop-up-pickleball/ Junkstock: https://omahaplaces.com/event/junkstock-5/ Christmas Opening at Mulhalls: https://omahaplaces.com/event/christmas-opening/  |Instagram | |TikTok| | Youtube | | Subscribe to our newsletter| |Visit our website|   This is a Hurrdat ONE Production. Hurrdat ONE is a podcast network and digital media production company based in Omaha, NE. Find more podcasts on the Hurrdat ONE Network by going to Hurrdat ONE Website or visit Hurrdat ONE YouTube Channel! Learn more about your ad choices. Visit megaphone.fm/adchoices

RuPaul's Drag Race Recap
The Rumor Mill: September 29, 2025

RuPaul's Drag Race Recap

Play Episode Listen Later Sep 30, 2025 58:15


In the penultimate episode of The Rumor Mill, Joe and Nathan dive headfirst into one of the season's most unexpected storylines: when the host himself becomes the news. What starts as a recap of a listener's feedback spirals into a candid discussion about paraphrasing, cultural nuance, and the perils of being quoted back to yourself. The conversation covers: A fair-and-balanced “news report” about Joe's back-and-forth with a listener from Berlin. Audio receipts, transcripts, and the hazards of context (or the lack thereof). The return of familiar voices on the voicemail line—including a Scottish tongue-twister, Brendan's zombie cameo, and a passionate plea for the comeback of Mr. Blackstone. Tom from Ireland pitches a brand-new Afterthought Media spinoff idea, sparking a debate about psychology, drag queens, and how deep is too deep. With just one week left before the finale, Joe and Nathan reflect on spats with listeners, conspiracies involving Blackstone, and whether Stefan himself might be orchestrating it all from behind the scenes. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Tell Craig Your Story
Billie Blue Blackstone - Malaysian/ American - Singer / Song Writer

Tell Craig Your Story

Play Episode Listen Later Sep 28, 2025 72:29


Episode 179 – Tell Craig Your Story Podcast | Billie Blue Blackstone In this episode, I sit down with the incredibly talented Billie Blue Blackstone, a Malaysian-American singer-songwriter who first rose to prominence as the frontwoman of Billie Blue & The Nowhere Men before stepping out on her own as a solo artist. We talk about her brand-new single “Persimmon Tree,” the creative process of recording in the studio, her pre-show rituals, and her unforgettable tours across India and Japan. Her decision to go solo. Billie also talks about seeing Green Day live, and we dive into the question: Can you really have a relationship with a band member? This is a conversation about reinvention, artistry, and the journey of a musician finding her own voice.

The Industrial Real Estate Podcast
Industrial Outdoor Storage (IOS) Lessons with Ron Rohde

The Industrial Real Estate Podcast

Play Episode Listen Later Sep 26, 2025 57:21


In this week's episode Ron walked through his track record of about $25M in partner-equity deals with no LP syndications, where he typically sells at a 2× equity multiple plus cash flow. After selling most of his holdings this year (three sold, one small buy), he's retooling with fewer partners, longer holds, higher-quality assets with durable leases, and sites that include optional land he can monetize later.The big takeaways match my playbook: be fast to underwrite and offer, but patient until a real opportunity appears. Tighten NNN leases and keep meticulous documentation because institutions turn diligence up to roughly 10x a normal deal. Ron's recent IOS example summed it up well: bought two buildings on roughly 4 acres for $2.35M, corrected overstated acreage, reset a tenant to market before closing, secured about 5% seller financing, re-leased quickly after a vacancy (plus a roof repair), then exited about 18 months later to Blackstone for $4M+ at roughly a 6.4 to 6.5% cap. Looking ahead, he is eyeing an 80,000 sf Laredo distribution play with two years of term left, comfortable with lease-up risk given a low basis and easy demisability. We both prefer clustering assets in one submarket to cross-shop tenants. Macro view: the economy feels fragile, cap-rate compression is a maybe, and selective small IOS, sometimes all cash, can be the resilient move--

FactSet U.S. Daily Market Preview
Financial Market Preview - Thursday 25-Sep

FactSet U.S. Daily Market Preview

Play Episode Listen Later Sep 25, 2025 5:00


US equity futures are slightly higher. Asia mostly advanced, and European equity opened little lower. Fed commentary continued to temper expectations for near-term rate cuts; Market focus remains on Friday's core PCE release and potential month-end rebalancing, with Goldman projecting $22B in US pension selling pressure; In other trade news, US-China tech and trade tensions persisted, with Washington launching new S.232 tariff probes into robotics, industrial machinery and medical equipment, and Reuters sources noted G7 and EU weighing rare earths price floors, as well as a tariff on Chinese rare earths imports, in bid to reduce reliance on China. Reports of upcoming US-China technical trade talks next Thursday and executive order on TikTok deal may be signed.Companies Mentioned: Anglogold Ashanti, TechnoPro Holdings, Blackstone, Federal Signal

Alles auf Aktien
Eine fast vergessene KI-Aktie und 14 Infrastruktur-Titel

Alles auf Aktien

Play Episode Listen Later Sep 25, 2025 21:28


In der heutigen Folge sprechen die Finanzjournalisten Lea Oetjen und Holger Zschäpitz über KI-Frust bei Micron, KI-Lust bei Alibaba und einen BaFin-Dämpfer für Gerresheimer. Außerdem geht es um Apple, Nvidia, Palantir, Netflix, Google, Freeport-McMoRan, KKR, Apollo, Blackstone, Rheinmetall, Renk, Hensoldt, General Dynamics, Intel, Lanxess, Evonik, BASF, Commerzbank, Unicredit, Microsoft, Alphabet, Siemens, Heidelberg Materials, Siemens Energy, Daimler Truck, Kion, Nordex, Thyssen-Krupp, Eiffage, Spie, Holcim, Sika, Buzzi, SSAB und Bilfinger. Wir freuen uns über Feedback an aaa@welt.de. Noch mehr "Alles auf Aktien" findet Ihr bei WELTplus und Apple Podcasts – inklusive aller Artikel der Hosts und AAA-Newsletter. Hier bei WELT: https://www.welt.de/podcasts/alles-auf-aktien/plus247399208/Boersen-Podcast-AAA-Bonus-Folgen-Jede-Woche-noch-mehr-Antworten-auf-Eure-Boersen-Fragen.html. Der Börsen-Podcast Disclaimer: Die im Podcast besprochenen Aktien und Fonds stellen keine spezifischen Kauf- oder Anlage-Empfehlungen dar. Die Moderatoren und der Verlag haften nicht für etwaige Verluste, die aufgrund der Umsetzung der Gedanken oder Ideen entstehen. Hörtipps: Für alle, die noch mehr wissen wollen: Holger Zschäpitz können Sie jede Woche im Finanz- und Wirtschaftspodcast "Deffner&Zschäpitz" hören. +++ Werbung +++ Du möchtest mehr über unsere Werbepartner erfahren? Hier findest du alle Infos & Rabatte! https://linktr.ee/alles_auf_aktien Impressum: https://www.welt.de/services/article104636888/Impressum.html Datenschutz: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

Right on Radio
EP.751 Decode The Kings, The New World Order and Trumpets

Right on Radio

Play Episode Listen Later Sep 24, 2025 45:52 Transcription Available


Charles, Trump & the 'Forerunner' Theory — A Week That Changed Everything Host Jeff of Right On Radio delivers a follow-up deep-dive on a consequential seven-day sequence of events: the royal state visit to Windsor, the high-profile funerary moments, President Trump's forceful UN address, and the looming Rosh Hashanah shofar ceremony. In this episode Jeff weaves news clips, visual symbolism and research to map a larger geopolitical and spiritual narrative — and explains why he believes listeners should pay attention. The show covers: the unusual Windsor carriage procession and Beating Retreat ceremony; visual and color symbolism (purple attire, funeral tones, hand gestures) and a close reading of an official photo that Jeff reads as a decisive signal. He highlights specific details such as a jewel that might form a Q-shape, and argues these images underscore a broader “dark-to-light” factional shift within global elites. Jeff outlines a provocative thesis — influenced by Tim Cohen's decades of research and literary references to Alice Bailey — suggesting Prince Charles could fit the biblical profile of the Antichrist while Donald Trump is positioned as a forerunner. He stresses this interpretation as his opinion, draws on occult and Q-related language, and warns about future angelic-appearing deception. The episode also breaks down major diplomatic and corporate moves made during the visit: a high-value science and technology accord involving government, academic and private partners and headline deals tied to NVIDIA, BlackRock, Blackstone, Oracle and AI chipmakers. Jeff explains why energy, quantum computing, 6G, fusion and deregulation were front-and-center and why they matter for emerging technocratic governance. Domestic and international flashpoints get attention too: an exchange with UK leader Keir Starmer on designating Antifa, Trump's critiques of green energy and migration, and Jeff's reading of body language and political posture. He revisits the Charlie Kirk killing, presenting patterns of Masonic/33 symbolism and ritual-significance theories and shares a short TikTok-style evidence summary connecting dates and numerology. Looking ahead, Jeff previews the global implications of the September 24 Rosh Hashanah shofar event — the unprecedented plan to coordinate 100 shofars across Jerusalem — and situates its prophetic significance in biblical trumpet imagery. He warns of potential coordinated spiritual deception while urging prayerful readiness. Practical details and calls to action: Jeff announces Right On Radio's prayer meeting on Telegram (7:30–8:30 PM EST), Podbean follow-ups, and possible additional live shows around key calendar events. The episode closes with an appeal to faith, community prayer, and discernment as the host teases further evidence, potential declassifications and legal fallout he expects in the coming days. Expect a mix of media clips, scriptural interpretation, conspiracy and intelligence analysis, guest references (notably Tim Cohen's work), and clear calls for prayer, vigilance and engagement from listeners seeking both spiritual and geopolitical perspective. Thank you for Listening to Right on Radio. Prayerfully consider supporting Right on Radio. Click Here for all links, Right on Community ROC, Podcast web links, Freebies, Products (healing mushrooms, EMP Protection) Social media, courses and more... https://linktr.ee/RightonRadio Live Right in the Real World! We talk God and Politics, Faith Based Broadcast News, views, Opinions and Attitudes We are Your News Now. Keep the Faith

Beurswatch | BNR
Daar is ie weer! Het apneu-spook is terug bij Philips.

Beurswatch | BNR

Play Episode Listen Later Sep 24, 2025 22:39


Ze dachten dat ze ervanaf waren bij Philips. Patiënten, slachtoffers, de Amerikaanse toezichthouder... Met iedereen hadden ze een schikking weten te treffen in het drama rond de apneu-apparaten die vlam vatten. Toch moet Philips nog even herinnerd worden aan het schandaal dat de beurskoers jarenlang in z'n greep had. Want juist die beleggers die hun geld zagen verdampen, die willen nu hun gelijk krijgen. De VEB vraagt de rechter om een onafhankelijk onderzoek, en mocht dat grote fouten bij Philips uitwijzen dan kan er een schadevergoeding geëist worden. Hoe gaat Philips het apneu-spook weer terug in de fles krijgen? En is het dan ein-de-lijk klaar met het drama? Dat bespreken we deze aflevering. Dan pakken we ook de meetlat erbij. We gaan kijken wie de grootste heeft. Amerika of China? We hebben het over hun datacenters. Bedrijven in beide landen blijven maar keer op keer nieuwe plannen aankondigen. De geldput lijkt geen bodem te hebben. Maar wie wint uiteindelijk? En het gaat ook nog over de treurwilg van de dag. Dat is Jerome Powell, de baas van de Federal Reserve. Hij drukt de stemming met een speech vol waarschuwingen over de lage rente, de arbeidsmarkt, en: de 'redelijk hoog gewaardeerde aandelen'.See omnystudio.com/listener for privacy information.

Tales from the Crypt
From Blackstone to Bitcoin Mining | Sean Milmoe, Center of Hash E009

Tales from the Crypt

Play Episode Listen Later Sep 23, 2025 85:57


Sean Milmoe, co-founder and CFO of 360 Energy, discusses his transition from working at Blackstone financing conventional oil and gas businesses as well as wind and solar projects to building a bitcoin mining services company, why a combination of Fed money printing and the unsustainability of energy economics led him to bitcoin, what parallels exist between underwriting bitcoin mining sites and conventional natural gas well economics, and how he sees bitcoin mining upstream in oil & gas fields evolving from nascent to being a core part of drilling programs in the next several years.

Top Floor
210 | Six Months at the Waldorf

Top Floor

Play Episode Listen Later Sep 23, 2025 30:57


Josh Kremer is the co-founder of Paradero Hotels, a Baja-born luxury brand blending boutique resorts with destination management to create immersive, off-grid experiences. A classically trained chef who pivoted into real estate private equity, Josh brings both palate and P&L to building small-scale, high-touch hospitality. Susan and Josh talk about remote resorts, resourceful resourcing, and refined service. What You'll Learn About: • From chef whites to term sheets: Josh Kremer's zigzag from kitchens to Blackstone to founding Paradero Hotels. • Why “experiential luxury” beats “bikinis + margaritas," and how Paradero designs trips that spill far beyond the property line. • Off-beach on purpose: picking a site framed by five ecosystems to unlock creative freedom (and way better adventures). • Oasis IRL: how Baja's mountains create desert lagoons—and a top birdwatching haven—without cartoon mirages. • The unsexy backbone of remote hospitality: fiber pulls, buried power lines, backup gen, daily procurement runs, and a fleet of guide-led vehicles. • Scale by listening: adults-only → groups/events → families → homes; growing to 92 keys while keeping density low. • Where guests are pointing next: Riviera Maya (not in Cancun), Riviera Nayarit, plus eyes on Oaxaca, San Miguel, and Valle de Guadalupe. • Hiring where others won't: local-first, import managers when needed, and invest in great staff housing for a “soft landing.” • The 10x Rule: whatever effort you think it'll take, multiply by ten (site selection alone jumped from ~20 to 800!). • A perfect Paradero day: sunrise views → surf coaching → chef-driven breakfast → pool + temazcal → farm tasting → cliffside sunset → stargazing net. 1. Expect 10x More Work Than You Think Josh stresses what he calls the “10x rule”: however much effort you think a project will take, multiply it by ten. From evaluating 800 sites before selecting one to interviewing 20 architects before choosing a partner, the reality of launching a hospitality venture is far more demanding than anyone could have anticipated. The lesson applies broadly: if you're starting something ambitious, prepare for an order of magnitude more persistence, patience, and problem-solving than your first instinct suggests. 2. Culture Shapes Business—and Guest Experience Having lived in both Mexico and the U.S., Josh highlights how family-centric culture in Mexico contrasts with the U.S.'s emphasis on individualism. Understanding and respecting those differences helps him build both teams and guest experiences. The broader takeaway: Leaders who work across borders, or even within different communities, need to tune in to local cultural values. This can guide not only how you manage staff but also how you design meaningful customer experiences. 3. Operating in Remote or Nontraditional Locations Requires Creative Infrastructure Running a semi-remote property is as much about mastering logistics as it is delivering luxury. Josh described pulling fiber from a distant city, burying power lines to protect the guest experience, and organizing daily supply runs. The big lesson is that unconventional opportunities often require unconventional solutions. If you're drawn to an out-of-the-box idea, success may depend on investing early and heavily in the unglamorous operational backbone.   Josh Kremer on LinkedIn https://www.linkedin.com/in/joshua-kremer-bb904a26/ Paradero Hotels https://www.paraderohotels.com/ Other Episodes You May Like:  159: 15-Day Career with Gustavo Viescas https://www.topfloorpodcast.com/episode/159 165: Purple Flower Luxury with Florence Li https://www.topfloorpodcast.com/episode/165 74: Calm and Nurturing Ghost with Trisha Pérez Kennealy https://www.topfloorpodcast.com/episode/74

Alt Goes Mainstream
Going Public with Glenn Schorr - Ep. 4: Unpacking the past few months in private markets

Alt Goes Mainstream

Play Episode Listen Later Sep 23, 2025 57:11


We are back with the latest Going Public with Evercore's Glenn Schorr.On this episode of Going Public, we unpack the rollercoaster of the past few months in private markets for alternative asset managers. Private markets is much more than private equity — and this episode dives into nuances of specific strategies and what it means for alternative asset managers' businesses.We discussed:Will the exit environment for private equity improve?Are animal spirits back in markets — and what does it mean for exits?Why and how private markets is more than private equity and private real estate.Why the wealth channel has been a contributor to alternative asset manager growth.How are banks responding to the expanding reach of private credit?Why private real estate could be a compelling category going forward, with 90%+ of real estate being privately owned.Making private markets more public — with expert analysisAlt Goes Mainstream has partnered with an expert who has seen the evolution of alternative asset managers from their early days.Glenn Schorr is a Senior MD and Senior Research Analyst at Evercore ISI, where he covers brokers, banks, asset managers, and trust banks as an analyst. He has covered financials since 2000 and started coverage of alternative asset managers when the first firms went public.He's consistently come up as one of the most thoughtful and well-respected analysts in the space. He balances deep research with a creative flair (just read one of the titles of his research reports and you can see his love of the game). He's been named to Institutional Investor's All-America Research Team for his coverage, most recently ranking #2 and runner up in 2023, #1 and #2 in 2022. Prior to Evercore, Glenn was a Senior MD at Nomura, serving as the lead financials analyst. Listen in as Glenn shares market stories, the evolution of alternative asset managers as businesses, the biggest and most exciting trends in private markets based on what the industry's largest players are doing, and we go “around the horn” for his analysis on the publicly traded firms. Show Notes00:00 Introduction and Countdown00:15 Introduction to Alt Goes Mainstream00:48 Meet Glenn Schorr: Wall Street Analyst02:08 Market Trends and Earnings Season02:15 Impact of Tariffs and Market Activity03:20 M&A and IPO Activity03:35 Private Equity and Market Dynamics04:34 Optimism in the Market06:11 Fundraising and Stock Prices06:52 Private Credit and Infrastructure08:31 Scale and Diversification10:19 Perpetual Capital and Investor Mindset13:51 Mega Trends and Long-Term Investments15:50 Real Estate and Market Cycles17:14 Long-Term View on Asset Managers20:04 Fee Structures and Performance24:15 Wealth Channel and Operational Challenges26:17 Institutional vs. Retail Investors28:41 Public vs. Private Markets31:01 Ceiling on Capital Raising31:42 Stewardship and Capacity Management33:03 Private Credit Market33:27 Direct Lending Market33:43 Competitive Banking Landscape33:55 Current State of Direct Lending34:22 Private Credit Market Expansion34:52 Investment Grade Private Credit36:19 Banks vs. Private Credit37:39 Banks' Adaptation Strategies38:53 Private Credit Market Size41:01 Insurance and Private Markets41:44 Apollo's Insurance Strategy43:45 Insurance Balance Sheet Power44:32 Insurance and Wealth Channels44:54 Private Wealth Return Hurdles46:47 Product Innovation in Private Markets47:00 Alternative Asset Managers' Strategies49:43 Wealth Channel Product Choices50:39 Approval Process for Wealth Platforms52:29 Third-Party Evaluators in Private Markets53:28 Convergence of RIAs and Investment Consultants54:15 Distribution Strategies for Asset Managers55:39 Servicing and Education in Private Markets56:16 Segmenting the Wealth Channel56:43 Morgan Stanley's Advisor Strategies57:45 Notable Developments in Private Markets59:19 Optimism in Financial Markets01:00:39 Concluding Thoughts and Future OutlookEditing and post-production work for this episode was provided by The Podcast Consultant.Company Coverage and DisclosuresEvercore ISIGlenn Schorr| Ticker | Company | AAMI | Acadian Asset Management | APO | Apollo Global Management, Inc. | BAC | Bank of America Corporation |   | Glenn Schorr holds a long position in equity securities of Bank of America Corporation.| BK | Bank of New York Mellon Corp. |   | Bank of New York Mellon Corp. is a client of Evercore LLC, and Evercore LLC has provided investment banking services to Bank of New York Mellon Corp. in the last 12 months. |   | Evercore ISI or an affiliate has received compensation from Bank of New York Mellon Corp. for investment banking services in the last 12 months. |   | Glenn Schorr holds a long position in equity securities of Bank of New York Mellon Corp.| BLK | BlackRock, Inc. |   | BlackRock, Inc. is a client of Evercore LLC, and Evercore LLC has provided investment banking services to  BlackRock, Inc. in the last 12 months. |   | Evercore ISI or an affiliate expects to receive or intends to seek compensation for investment banking services from BlackRock, Inc. within the next three months. |   | Glenn Schorr holds a long position in equity securities of Blackrock Inc.| BX | Blackstone, Inc. |   | Blackstone, Inc. is a client of Evercore LLC, and Evercore LLC has provided investment banking services to Blackstone, Inc. in the last 12 months. |   | Evercore ISI or an affiliate expects to receive or intends to seek compensation for investment banking services from  Blackstone, Inc. within the next three months. |   | An employee, employee's immediate family member, director or consultant of Evercore ISI or one of its affiliates (but not the covering research analyst or a member of the covering research analyst's household)is an officer, director or advisory board member of Blackstone, Inc.. |   | Evercore ISI or an affiliate has received compensation from Blackstone, Inc. for investment banking services in the last 12 months. |   | Analyst has a financial interest in a private equity fund managed by Blackstone, Inc.. |   | Glenn Schorr holds a long position in equity securities of Blackstone, Inc. |   | A member of Benjamin Rubin's household holds a long position in equity securities of Blackstone, Inc. | OWL | Blue Owl Capital, Inc | C | ...

Sunday Morning Coming Down
Episode 285: Sunday Morning Coming Down: Redford or Newman & The Carcinogen Cafe.

Sunday Morning Coming Down

Play Episode Listen Later Sep 21, 2025 29:43


John wears shorts to steak night, had another tough session on his Blackstone, and reminds us all to get the turkey sandwich at Pezzo. 

Green & Red: Podcasts for Scrappy Radicals
How Communities are Resisting San Diego's Housing Crisis w/ Organizer Jose Lopez (G&R 422)

Green & Red: Podcasts for Scrappy Radicals

Play Episode Listen Later Sep 20, 2025 25:09


In part two of our series on private equity giant Blackstone, Scott talks ACCE San Diego director Jose Lopez about housing crisis in San Diego and Blackstone's role in it.Bio//Jose Lopez is the San Diego director for the Alliance of Californians for Community Empowerment (ACCE). --------------------Outro- "Green and Red Blues" by Moody

Dr Duck Podcast
Dr Duck Waterfowl Podcast S7E19: Cast-A-Way

Dr Duck Podcast

Play Episode Listen Later Sep 19, 2025 48:44


From the outdoors to baseball and on to twenty plus years in steel manufacturing, Chris Ard and his partner have settled on to your stove and outdoor cooking areas. By chance they haven't yet, you should check our Cast-A-Way Carbon carbon steel cookware. @thefowlhunter sits down this week with Chris to talk about how his passion for the outdoors and cooking led them to producing American made quality carbon steel cookware you can pass down for generations to come. Learn more about Chris's company by checking out the link below #enjoythejourney   https://castawaycarbon.com/  

The Produce Industry Podcast w/ Patrick Kelly
Moon Cherries, Baby Spuds & Wild Butt-Crack Peaches - Fresh From the Field Fridays

The Produce Industry Podcast w/ Patrick Kelly

Play Episode Listen Later Sep 19, 2025 26:39


This Week on Fresh from the Field FridaysRoss “The Produce Boss” Nelson and Dan “The Produce Man” Avakian share their top picks of the week!Ross dives into Moon Cherries, Baby Nibble Spuds cooked up on his Blackstone, and talks trends with vegetable consumption down and fruit consumption up. He also introduces his favorite new salad mix from Dole and explains why he's still stashing berries in mason jars.Dan brings some fun and flavor with Butt-Crack Peaches, Rave Apples, Sommerfeld Apples, fresh bunched radishes, Concorde Grapes, fresh figs, Abate Fetel pears, and more!Get your shopping list ready — you'll want to grab these fresh picks of the week. Tune in to Fresh from the Field Fridays, brought to you by The Produce Industry Network and AgLife Media.

WSJ Minute Briefing
Trump Says U.S. and China Approve TikTok Deal

WSJ Minute Briefing

Play Episode Listen Later Sep 19, 2025 2:45


Plus: The House passed a stopgap measure ahead of government shutdown. Blackstone names a new CEO for its real-estate megafund after the fatal shooting of their previous Chief Executive. Zoe Kuhlkin hosts. Sign up for WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Fresh From the Field Fridays
Moon Cherries, Baby Spuds & Wild Butt-Crack Peaches

Fresh From the Field Fridays

Play Episode Listen Later Sep 19, 2025 26:39


This Week on Fresh from the Field FridaysRoss “The Produce Boss” Nelson and Dan “The Produce Man” Avakian share their top picks of the week!Ross dives into Moon Cherries, Baby Nibble Spuds cooked up on his Blackstone, and talks trends with vegetable consumption down and fruit consumption up. He also introduces his favorite new salad mix from Dole and explains why he's still stashing berries in mason jars.Dan brings some fun and flavor with Butt-Crack Peaches, Rave Apples, Sommerfeld Apples, fresh bunched radishes, Concorde Grapes, fresh figs, Abate Fetel pears, and more!Get your shopping list ready — you'll want to grab these fresh picks of the week. Tune in to Fresh from the Field Fridays, brought to you by The Produce Industry Network and AgLife Media.

The Credit Edge by Bloomberg Intelligence
Blackstone Says Private Credit Pays a Lot Better Than Liquid Debt Markets

The Credit Edge by Bloomberg Intelligence

Play Episode Listen Later Sep 18, 2025 44:02 Transcription Available


Razor-thin debt spreads underpin the global investor push into private markets, which can pay significantly more, according to Blackstone. “We see excess spread in private credit,” Michael Zawadzki, chief investment officer of Blackstone Credit & Insurance, tells Bloomberg News’ James Crombie and Bloomberg Intelligence’s David Havens in the latest Credit Edge podcast. “That’s a really attractive thing for our clients around the world,” he adds, marking the premium at 150-200 bps over both traded high-yield and investment-grade debt. The three also discuss the rise of foreign insurers, pension funds and sovereign wealth in private credit, as well as the outlook for data-center finance, leveraged buyouts and default risks.See omnystudio.com/listener for privacy information.

Broeske and Musson
BLACKSTONE AVE: Nick Richardson, Fresno City Councilmember

Broeske and Musson

Play Episode Listen Later Sep 18, 2025 32:00


INTERVIEW: Nick Richardson, Fresno City Councilmember, discusses the proposed "road diet" for Blackstone Ave. Please Like, Comment and Follow 'Broeske & Musson' on all platforms: --- The ‘Broeske & Musson Podcast’ is available on the KMJNOW app, Apple Podcasts, Spotify or wherever else you listen to podcasts. --- ‘Broeske & Musson' Weekdays 9-11 AM Pacific on News/Talk 580 AM & 105.9 FM KMJ | Facebook | Podcast| X | - Everything KMJ KMJNOW App | Podcasts | Facebook | X | Instagram See omnystudio.com/listener for privacy information.

KMJ's Afternoon Drive
Harassing The Mayor Won't Fix Blackstone

KMJ's Afternoon Drive

Play Episode Listen Later Sep 16, 2025 15:40


Fresno Mayor Urges Public to Hold Leaders 'Accountable' for Hate Speech, Name-Calling Please Subscribe + Rate & Review Philip Teresi on KMJ wherever you listen! --- KMJ’s Philip Teresi is available on the KMJNOW app, Apple Podcasts, Spotify, Amazon Music or wherever else you listen. --- Philip Teresi, Weekdays 2-6 PM Pacific News/Talk 580 & 105.9 KMJ DriveKMJ.com | Podcast | Facebook | X | Instagram --- Everything KMJ: kmjnow.com | Streaming | Podcasts | Facebook | X | Instagram See omnystudio.com/listener for privacy information.

Philip Teresi Podcasts
Harassing The Mayor Won't Fix Blackstone

Philip Teresi Podcasts

Play Episode Listen Later Sep 16, 2025 15:40


Fresno Mayor Urges Public to Hold Leaders 'Accountable' for Hate Speech, Name-Calling Please Subscribe + Rate & Review Philip Teresi on KMJ wherever you listen! --- KMJ’s Philip Teresi is available on the KMJNOW app, Apple Podcasts, Spotify, Amazon Music or wherever else you listen. --- Philip Teresi, Weekdays 2-6 PM Pacific News/Talk 580 & 105.9 KMJ DriveKMJ.com | Podcast | Facebook | X | Instagram --- Everything KMJ: kmjnow.com | Streaming | Podcasts | Facebook | X | Instagram See omnystudio.com/listener for privacy information.

Loren and Wally Podcast
The ROR Morning Show Full Podcast 9/15

Loren and Wally Podcast

Play Episode Listen Later Sep 15, 2025 30:49


(00:00 - 3:27) It's Monday! Bob talks about going to a barn wedding over the weekend. LBF was on Newbury St taking a Negroni class and she highly recommends a bar called The Street that's located in Boston. (3:27 - 7:47) This was something everyone feared when in school. Dodgeball! We talked about how it was a rite of passage to play this in school. LBF hated having to play dodgeball in school and is glad it's no longer being played in school. (7:47 - 14:23) What do you do if a service worker has to use your bathroom while working at your house. Bob recently just had to tell a worker who asked to use his bathroom that it's "one for one". LBF though it was a bit intrusive Bob asked what he was going to do in the bathroom. (14:23 - 21:47) DM Disaster! Today Joe DM'd us after trying to show off his skill while cooking on his friends Blackstone. He thought he could be a hibachi chef, and it didn't quite turn out how he planned. Let's just say things got a bit burnt and we're not talking about the food. (21:47 - 26:01) Time For Supah Smaht! Was Lori from Shrewsbury Supah Smaht! (26:01 - 30:49) LBF witnessed a high crime! She was at a restaurant recently, and sitting across the way from her table was a group of 4 women and 1 tiny dog! She was floored that the table was just hanging out like it was all normal and feeding the dog. In the state of Mass, you can't have dogs at the table sitting and eating food. All this and more on the ROR Morning Show with Bob Bronson and LBF Podcast. Find more great podcasts at bPodStudios.com…The Place To Be For Podcast Discovery! Follow us on our socials Instagram - @bobandlbfFacebook - The ROR Morning Show See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

TRENDIFIER with Julian Dorey
#335 - The Blackstone Shooter, Cartel US Networks, Darkest Crime & Shawn Ryan | Dalton Fischer

TRENDIFIER with Julian Dorey

Play Episode Listen Later Sep 14, 2025 192:22


SPONSORS: 1) PRIZEPICKS: Visit https://prizepicks.onelink.me/LME0/JULIAN and use code JULIAN and get $50 in lineups when you play your first $5 lineup! PATREON: https://www.patreon.com/JulianDorey (***TIMESTAMPS in Description Below) ~ Dalton Fischer is the podcast host of the Dalton Fischer Podcast which covers topics with guests ranging from CIA insiders, operators, and other geopolitical experts. DALTON'S LINKS: YT: https://www.youtube.com/@DaltonFischerPodcast/featured IG: https://www.instagram.com/daltonfischerpodcast/?hl=en FOLLOW JULIAN DOREY INSTAGRAM (Podcast): https://www.instagram.com/juliandoreypodcast/ INSTAGRAM (Personal): https://www.instagram.com/julianddorey/ X: https://twitter.com/julianddorey JULIAN YT CHANNELS - SUBSCRIBE to Julian Dorey Clips YT: https://www.youtube.com/@juliandoreyclips - SUBSCRIBE to Julian Dorey Daily YT: https://www.youtube.com/@JulianDoreyDaily - SUBSCRIBE to Best of JDP: https://www.youtube.com/@bestofJDP ****TIMESTAMPS**** 00:00 – Montana trip, lifestyle travel, Julian inspires Dalton to “burn the ships” 08:21 – Starting point, paralysis by analysis, daunting beginnings 15:16 – Calling podcasters for advice, Danny Jones, John Kiriakou 27:56 – John Kiriakou's storytelling, Clark Fredericks story, abu5er grooming tactics 39:22 – Worst things that can be done 52:07 – Why Shawn Ryan inspires Dalton, empowering team, criticism of big figures 01:00:25 – Founder burnout, sacrificing relationships, Julian's peace after grandfather's passing 01:07:02 – Lessons from grandfather's passing, finality, watching last breath 01:16:35 – Dalton on death, Hormozi on mortality, afterlife, connecting with Brent Tucker 01:27:27 – People off cam, Brent Tucker, Delta Force vs SEALs, NYPD active shooter training 01:37:30 – Police officers school shootings, common sense gun laws 01:47:58 – Blackstone shooter, Shawn Ryan & Tucker, CIA infiltration 01:57:08 – Deciding validity of CIA narratives, divided society, does your vote matter? 02:03:39 – Episode w/ Rick Spence, spectrum of guests, China, Mariana Van Zeller 02:14:11 – Cartels in US, Matt Hedger 02:24:43 – Complex operations, Scott Payne episode, undercover work 02:40:57 – Scott's entry into undercover world, living through guests, 9/11 & Tim Brown 02:51:01 – Terror & unification, how things are said 03:03:25 – Dalton's work CREDITS: - Host, Editor & Producer: Julian Dorey - Producer & Editor: Alessi Allaman - https://www.youtube.com/@UCyLKzv5fKxGmVQg3cMJJzyQ - In-Studio Producer: Joey Deef - https://www.instagram.com/joeydeef/ Julian Dorey Podcast Episode 335 - Dalton Fischer Music by Artlist.io Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Trevor Carey Show
Hour 1 - The Trevor Nation All Over the Place Tour With CK on Sports, Live From Blackstone Toyota

The Trevor Carey Show

Play Episode Listen Later Sep 14, 2025 35:14 Transcription Available


The Trevor Carey Show
Hour 3 - The Trevor Nation All Over the Place Tour, Live From Blackstone Toyota

The Trevor Carey Show

Play Episode Listen Later Sep 14, 2025 37:12 Transcription Available


The Trevor Carey Show
Hour 2 - The Trevor Nation All Over the Place Tour, Live From Blackstone Toyota

The Trevor Carey Show

Play Episode Listen Later Sep 14, 2025 30:32 Transcription Available


Broeske and Musson
BLACKSTONE AVE: Will Less Lanes Bring More Bicyclists?

Broeske and Musson

Play Episode Listen Later Sep 12, 2025 12:12


Fresno’s Blackstone Avenue is set for a major revamp. The city will reduce vehicle lanes and add protected bike paths and wider sidewalks. Officials hope the changes will encourage cycling and walking, though cyclists say it won't help and some business owners fear traffic bottlenecks. The plan begins in 2026. Guest Co-Host: Garry Bredefeld Please Like, Comment and Follow 'Broeske & Musson' on all platforms: --- The ‘Broeske & Musson Podcast’ is available on the KMJNOW app, Apple Podcasts, Spotify or wherever else you listen to podcasts. --- ‘Broeske & Musson' Weekdays 9-11 AM Pacific on News/Talk 580 AM & 105.9 FM KMJ | Facebook | Podcast| X | - Everything KMJ KMJNOW App | Podcasts | Facebook | X | Instagram See omnystudio.com/listener for privacy information.

People's Guide to the Cthulhu Mythos
Robert E. Howard's "The Black Stone"/The Nightstalker(TV Movie)

People's Guide to the Cthulhu Mythos

Play Episode Listen Later Sep 12, 2025 43:56


FInd us on... INSTAGRAM Apple Stitcher Facebook Our Patreon

Black Clock Audio Tales: Audio Books, Science Fiction, Folklore, Gothic Literature, Classic Horror, and the Cthulhu Mythos

FInd us on... INSTAGRAM Apple Stitcher Facebook Our Patreon

RuPaul's Drag Race Recap
S17EP06 - Let's Get Sea Sickening Ball

RuPaul's Drag Race Recap

Play Episode Listen Later Sep 11, 2025 77:31


In this episode of RuPaul's Drag Race Recap, hosts Joe Betance and Nathan Patrick Brown discuss the latest episode, including the challenges faced by the contestants, the controversial comments made by Mr. Blackstone, and the implications of the lip sync battles. They also analyze the performances of the queens in the latest maxi challenge. In this episode, the hosts discuss various aspects of the latest Drag Race episode, including the joy of live viewing parties, the communal experience of laughter, and the challenges faced by contestants. They delve into the significance of table visits, the complexities of poverty and connections, and the dynamics of conflict resolution in the workroom. The conversation culminates in reflections on elimination day and the overall impact of the episode. Patreon: patreon.com/afterthoughtmedia Voicemail: speakpipe.com/afterthoughtmedia Email: dragracerecap@afterthought.media Learn more about your ad choices. Visit podcastchoices.com/adchoices

Put your feet up and listen!
Tirondel Tales EP4- Lightning Larceny, written by Chris Tomkins & performed by Russ Johnson, Peter Tomkins, Kevin McCready, & Chris Tomkins

Put your feet up and listen!

Play Episode Listen Later Sep 11, 2025 65:24


Welcome back to Tirondel Tales, epic yarns spun from the fantastical city-port of Tirondel where swords and sorcery vie with monsters and mystery. Lightning Larceny was written by Chris Tomkins, author of Blackstone, narrated by Russ Johnson and performed by Peter Tomkins, Kevin McCready & Chris Tomkins. Tirondel Tales is a collaboration of the Ranger's Grove community – interested to try out your own Tirondel Tale? Then join us in the Grove on Discord, details below. Each story is owned by its author and this & every episode is the intellectual property of Russ Johnson. To read more from Chris, get a FREE copy of Blackstone This weekend from Sept 13 - Sept 17. Follow this link:https://www.amazon.com/dp/B0CQHSMKKFChris can also be found here:Skyfire ⁠https://www.amazon.com/dp/B0DXKTRL79⁠ Web ⁠https://christomkins.co.uk/⁠ Linktree ⁠https://linktr.ee/DrChrisTomkins⁠The Cast included:Skatle - Peter TomkinsGrozzal - Kevin McCreadyJarrert - Chris TomkinsNarrator & others - Russ JohnsonTo reach Russ Johnson:email: russelljohnson3000@gmail.comLinktree:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://linktr.ee/RussellpJohnson⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Discord: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://discord.gg/rangersgrove⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Patreon:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://patreon.com/talesfromtherangersgrove?utm_medium=clipboard_copy&utm_source=copyLink&utm_campaig

FactSet U.S. Daily Market Preview
Financial Market Preview - Thursday 11-Sep

FactSet U.S. Daily Market Preview

Play Episode Listen Later Sep 11, 2025 3:40


US equity futures are firmer. Asia traded mixed, and European equities opened higher. Focus today is on the US August CPI, expected to show steady core inflation after a softer PPI reading; AI remained a key driver after Oracle's strong results and OpenAI computing deal added to optimism, alongside TSMC's robust August revenue growth; Trade tensions persisted as the EU weighed sanctions on Chinese refiners, Mexico prepared tariffs of up to 50% on some Asian imports, and Trump signaled progress toward talks with India's Modi; In Europe, attention was on the ECB, expected to hold policy steady with inflation near target, while the UK RICS survey showed a sharp fall in housing activity which was blamed on speculation on property tax change ahead of the budget.Companies Mentioned: First Internet Bancorp, Blackstone, Woodside Energy Group, Starbucks

Deal Talk
From Blackstone to Backing the Next Generation of VC Fund Managers with Scott Sherman

Deal Talk

Play Episode Listen Later Sep 11, 2025 31:00


Scott Sherman has worked with 500+ fund managers in his career.From his days at Blackstone to today at Mesa Lane Capital, he's seen what makes a GP rise - and what makes them crash.Here's the kicker: most VC fund managers don't fail because they can't invest.They fail because they forget they're also running a business.In this episode, Scott breaks down:The #1 mistake new GPs make in Fund IWhy trust and integrity matter more than big-name logosHow the best GPs structure their firms from day oneThe operational “unsexy stuff” that sets the top 1% apartWhy emerging managers can still deliver the best returns in ventureIf you're raising a fund - or thinking about it - this episode is your roadmap.

Bitesize Business Breakfast Podcast
Dubai's Newest Unicorn

Bitesize Business Breakfast Podcast

Play Episode Listen Later Sep 10, 2025 28:14


10 Sep 2025. US investment giants Permira and Blackstone have paid $525 million for a stake in Dubai-based Property Finder, valuing the company at $2 billion. We get the inside story from founder Michael Lahyani. Plus, Abu Dhabi launches K2 Think, a new AI model it says can rival ChatGPT in mathematical tasks. And as Rupert Murdoch settles his family succession battle, we ask Lombard Odier’s Aboudi Najia what succession planning looks like here in the Gulf.See omnystudio.com/listener for privacy information.

Cash Flow Connections - Real Estate Podcast
From REITs to Raising Capital: Lessons in Acquisitions, Asset Management, and LinkedIn Growth - E1133 - TT

Cash Flow Connections - Real Estate Podcast

Play Episode Listen Later Sep 9, 2025 44:48


In this Topical Tuesday episode, I spoke with Gregg Gruehl  who is a seasoned real estate professional with a background in acquisitions and asset management at top real estate investment trusts, and today he serves as an advisor to investors providing institutional quality, underwriting and asset management services to help them evaluate and optimize their deals. Be sure to tune in if you're interested in learning about: Gregg shares his path from multi-generational real estate roots to working in acquisitions and asset management for top REITs like Blackstone and Stag Industrial Key takeaways from managing multi-billion-dollar portfolios, negotiating hundreds of leases, and navigating institutional investment strategies The transition from institutional roles to entrepreneurship—syndications, advisory services, and capital-raising challenges How consistent LinkedIn content helped build deal flow, partnerships, and brand credibility in the real estate space To your success, Tyler Lyons Resources mentioned in the episode: Gregg Gruehl LinkedIn Website Interested in learning how to take your capital raising game to the next level? Meet us at Capital Raiser's Edge. Learn more here: https://raisingcapital.com/cre

The Exchange
Private equity sets its sights on the little guy

The Exchange

Play Episode Listen Later Sep 9, 2025 42:29


Apollo, Blackstone and KKR raised billions from deep-pocketed institutions for buyouts and private credit. Now they're targeting the $145 trln held by individuals. In this episode of The Big View podcast, iCapital CEO Lawrence Calcano explains the opportunities – and the risks. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt-out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices

Minimum Competence
Legal News for Tues 9/9 - Trump Carroll Verdict Upheld, SCOTUS Rubber Stamps Immigration Raids, FL Judicial Pick, TaxProf Blog RIP and Taylor Swift Tax

Minimum Competence

Play Episode Listen Later Sep 9, 2025 10:50


This Day in Legal History: A. Lincoln Admitted to BarOn September 9, 1836, Abraham Lincoln was licensed to practice law by the Illinois Supreme Court, setting in motion a legal and political career that would ultimately reshape American history. At the time, Lincoln was a 27-year-old former store clerk and self-taught frontier intellectual, with no formal legal education. Instead, like many aspiring attorneys of the era, Lincoln "read law" by apprenticing under established lawyers and studying foundational legal texts such as Blackstone's Commentaries and Chitty's Pleadings. His relentless self-education and growing reputation for honesty earned him the nickname “Honest Abe,” long before he entered the national spotlight.Shortly after being admitted to the bar, Lincoln moved to Springfield, Illinois, where he set up a law practice. His first lawsuit came less than a month later, on October 5, 1836, marking the beginning of a legal career that would span over two decades. Lincoln took on a wide variety of cases—ranging from debt collection and land disputes to criminal defense and railroad litigation—and traveled extensively on the Illinois Eighth Judicial Circuit.His courtroom demeanor was marked by clarity, logic, and moral conviction, attributes that would later define his presidency. Practicing law not only gave Lincoln financial stability but also honed the rhetorical and analytical skills that would serve him in legislative debates and national addresses. His legal work with the Illinois Central Railroad and other corporate clients exposed him to the country's economic transformation, deepening his understanding of commerce, labor, and the law's role in shaping society.Lincoln's rise from rural obscurity to respected attorney mirrored the American ideal of self-made success, and his legal background profoundly shaped his political philosophy. It was as a lawyer and legislator that he began to articulate his opposition to slavery's expansion, using constitutional and moral arguments that would later guide his presidency and the Union's legal stance during the Civil War.His legal reasoning and insistence on the rule of law would ultimately be central to the Emancipation Proclamation, his wartime governance, and the framework for reconstructing the nation. The law gave Lincoln the tools to interpret and preserve the Constitution, even amid its greatest crisis.Lincoln's admission to the bar on this day in 1836 was not just a personal milestone—it was a foundational step toward the presidency and toward a redefinition of American liberty and union that would endure for generations.Events ripple in time like waves on a pond, and Lincoln's admission to the bar in 1836 is one such stone cast into history. Had he not secured that license—had he not taught himself law from borrowed books and legal treatises—it is likely he never would have risen to national prominence or attained the presidency. Without Lincoln's leadership in 1860, the United States may well have fractured permanently into separate nations, altering the course of the Civil War and leaving a divided continent in its wake. That division would have profoundly reshaped global affairs in the 20th century. Not to put too fine a point on it, but the fact that there was a United States powerful and unified enough to confront the Nazi war machine in 1941 traces, in part, to a frontier shop clerk's grit, discipline, and determination to study Blackstone's Commentaries by candlelight.A Florida state appeals judge who sided with Donald Trump in a high-profile defamation case against the Pulitzer Prize Board has been confirmed to the federal bench. On Monday, the U.S. Senate voted 50–43 along party lines to approve Judge Ed Artau's nomination to the U.S. District Court for the Southern District of Florida. Artau is now the sixth Trump judicial nominee to be confirmed during the president's second term.Artau joined a panel earlier this year that allowed Trump's lawsuit to proceed after the Pulitzer Board declined to rescind a 2018 award given to The New York Times and The Washington Post for their reporting on Russian interference in the 2016 election. In a concurring opinion, Artau criticized the reporting as “now-debunked” and echoed calls to revisit New York Times v. Sullivan, the Supreme Court precedent that has long protected journalists from most defamation claims by public figures.The timing of Artau's nomination has drawn scrutiny from Senate Democrats, who argue it raises ethical concerns. Artau reportedly began conversations about a possible federal appointment just days after Trump's 2024 victory and interviewed with the White House shortly after issuing his opinion in the Pulitzer case. Senate Minority Leader Chuck Schumer called the confirmation a “blatant” example of quid pro quo, while others questioned Artau's impartiality.In response, Artau defended his conduct during his Senate Judiciary Committee hearing, stating that ambition for higher office alone doesn't disqualify a judge from ruling on politically sensitive cases and that he holds no personal bias requiring recusal.Florida judge who ruled for Trump in Pulitzer case confirmed to federal bench | ReutersAfter 21 years, one of legal academia's most influential blogs is shutting down. The TaxProf Blog, launched in 2004 by Pepperdine Law Dean Paul Caron, will cease publication by the end of September following the closure of its longtime host platform, Typepad. Caron said he isn't interested in rebuilding the site on a new platform, though he hopes to preserve the blog's extensive archive of nearly 56,000 posts.Initially focused on tax law, the blog evolved into a central hub for news and commentary on law schools, covering accreditation, rankings, faculty hiring, admissions trends, and more. It maintained its relevance even as other law professor blogs declined in the wake of Twitter's rise. Caron's regular posts made the site a must-read in the legal education world, often mixing in personal reflections and occasional commentary on religion.The closure also casts uncertainty over the broader Law Professor Blog Network, which includes around 60 niche academic blogs also hosted on Typepad. At least one, ImmigrationProf Blog, has already begun looking for a new publishing home.Reactions across the legal academy reflected the impact of the blog's departure. One law school dean likened it to daily sports reporting for legal education—a constant, trusted source of updates and debate.Groundbreaking law blog calls it quits after 21 years | ReutersThe U.S. Supreme Court has sided with the Trump administration in a contentious immigration case, allowing federal agents to resume aggressive raids in Southern California. The Court granted a request from the Justice Department to lift a lower court order that had restricted immigration stops based on race, language, or occupation—factors critics argue are being used to disproportionately target Latino communities. The ruling, delivered in a brief, unsigned order with no explanation, permits the raids to continue while a broader legal challenge proceeds.The case stems from a July order by U.S. District Judge Maame Frimpong, who found that the administration's actions likely violated the Fourth Amendment by enabling racially discriminatory stops without reasonable suspicion. Her injunction applied across much of Southern California, but is now paused by the Supreme Court's decision.Justice Sonia Sotomayor, joined by the Court's other two liberals, issued a sharp dissent, warning that the decision effectively declares all Latinos "fair game to be seized at any time," regardless of citizenship. She described the raids as racially motivated and unconstitutional.California Governor Gavin Newsom and civil rights groups echoed those concerns. Newsom accused the Court of legitimizing racial profiling and called Trump's enforcement actions a form of "racial terror." The ACLU, representing plaintiffs in the case, including U.S. citizens, denounced the raids as part of a broader “racist deportation scheme.”The Trump administration, meanwhile, hailed the decision as a major legal victory. Attorney General Pam Bondi framed it as a rejection of “judicial micromanagement,” and Justice Brett Kavanaugh, writing separately, argued that while ethnicity alone cannot justify a stop, it may be used in combination with other factors.This ruling adds to a series of recent Supreme Court decisions backing Trump's immigration agenda, including policies that limit asylum protections and revoke humanitarian legal statuses. In Los Angeles, the raids and the use of military personnel in response to protests have escalated tensions between the federal government and local authorities.US Supreme Court backs Trump on aggressive immigration raids | ReutersA federal appeals court has upheld an $83.3 million jury verdict against Donald Trump for defaming writer E. Jean Carroll, rejecting his claims of presidential immunity. The 2nd U.S. Circuit Court of Appeals found the damages appropriate given the severity and persistence of Trump's conduct, which it called “remarkably high” in terms of reprehensibility. The ruling noted that Trump's attacks on Carroll grew more extreme as the trial neared, contributing to reputational and emotional harm.The lawsuit stemmed from Trump's repeated public denials of Carroll's allegation that he sexually assaulted her in the 1990s. In 2019, Trump claimed Carroll was “not my type” and said she fabricated the story to sell books—comments he echoed again in 2022, prompting a second defamation suit. A jury in 2023 had already found Trump liable for sexual abuse and defamation in an earlier case, awarding Carroll $5 million. That verdict was also upheld.Trump's legal team argued that his 2019 comments were made in his official capacity as president and should be shielded by presidential immunity. The court disagreed, citing a lack of legal basis to extend immunity in this context. Trump also objected to limits placed on his testimony during trial, but the appeals court upheld the trial judge's rulings as appropriate.The $83.3 million award includes $18.3 million in compensatory damages and $65 million in punitive damages. Carroll's legal team expressed hope that the appeals process would soon conclude. Trump, meanwhile, framed the ruling as part of what he calls “Liberal Lawfare” amid multiple ongoing legal battles.Trump fails to overturn E. Jean Carroll's $83 million verdict | ReutersMy column for Bloomberg this week takes aim at the so-called "Taylor Swift Tax" in Rhode Island—an annual surtax on non-primary residences valued over $1 million. While the headline-grabbing nickname guarantees media coverage, the underlying policy is flawed, both economically and politically.Rhode Island isn't alone—Montana, Cape Cod, and Los Angeles have all attempted to capture revenue from wealthy property owners through targeted taxes on high-end real estate. But these narrowly tailored levies often distort markets, suppress transactions, and encourage avoidance rather than compliance. LA's mansion tax, for example, dramatically underperformed because property owners simply didn't sell.The appeal of taxing second homes is clear: they're luxury assets often owned by out-of-staters with little political influence. But that lack of local connection also makes them an unreliable revenue base. It's relatively easy to sell, reclassify, or relocate a vacation property, particularly for the affluent. And when policies hinge on fuzzy concepts like "primary residence," they invite loopholes and enforcement challenges—especially when properties are held by LLCs or trusts.Rhode Island's new tax could drive potential buyers to nearby Connecticut, undermining its own housing market and revenue goals. If states want to tax wealth effectively, they must resist headline-chasing and instead build durable, scalable policies: regular reassessments, vacancy levies, and infrastructure-based cost recovery. These methods avoid the pitfalls of ambiguous residency tests and create more predictable revenue streams.And because discretionary wealth is mobile, real solutions will require cooperation—harmonized assessments, multistate compacts, and shared reporting. But more fundamentally, states looking for progressive revenue should aim higher—toward income and wealth taxes—rather than tinkering at the margins with weekend homes.Rhode Island Should Shake Off ‘Taylor Swift Tax' on Second Homes This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe

The Security Token Show
Another Day, Another RWA Chain Feat. Nico Pantelis - Security Token Show: Episode 296

The Security Token Show

Play Episode Listen Later Sep 8, 2025 18:21


Tune in to this episode of the Security Token Show where this week Herwig Konings and Nico Pantelis from Blue Bay Ventures cover the industry leading headlines and market movements, including RWA-focused blockchains & more RWA news Market Movements: Circle Introduces Layer 1 Stablecoin Blockchain Called Arc: https://www.circle.com/blog/introducing-arc-an-open-layer-1-blockchain-purpose-built-for-stablecoin-finance Stripe Teams Up with Paradigm VC to Launch Tempo Payments Blockchain: https://www.coindesk.com/business/2025/08/13/stripe-taps-paradigm-s-matt-huang-to-lead-new-blockchain-tempo-fortune MetaMask Plans mUSD Stablecoin Launch with Blackstone and Stripe: https://coincentral.com/metamask-set-to-launch-dollar-pegged-musd-stablecoin-this-week/ Dinari Launches Avalanche-Based Omnichain Network: Dinari Financial Network: https://dinari.com/blog/dinari-launches-the-dinari-financial-network-an-omni-chain-orderbook-powered-by-avalanche Ripple Positioning Itself for RWA Race: https://www.coindesk.com/tech/2025/08/14/ripple-exec-on-why-xrp-ledger-is-uniquely-suited-for-real-world-asset-tokenization SEC's ‘Crypto Mom' Hester Peirce says “Market will sort out winners in tokenization”: https://www.investmentnews.com/alternatives/secs-peirce-says-market-will-sort-out-winners-in-tokenization/261714 ==== TokenizeThis 2025 Conference Review: https://docsend.com/v/k8bn7/tt25 STM Predicts $30-50T in RWAs by 2030: https://docsend.com/view/7jx2nsjq6dsun2b9 More STM.co Reports: https://reports.stm.co/ Join the RWA Foundation and Read the Whitepaper: RWAF.xyz Learn More About WALLY DAO: WallyDAO.xyz  

Becker Group C-Suite Reports Business of Private Equity
Carlyle Group Crushing Its Peers 9-5-25

Becker Group C-Suite Reports Business of Private Equity

Play Episode Listen Later Sep 5, 2025 1:40


In this episode, Scott Becker examines how Carlyle Group is outperforming competitors like Blackstone, KKR, and Apollo.

Becker Group C-Suite Reports Business of Private Equity

In this episode, Scott Becker highlights the sharp year-to-date declines for Blackstone, KKR, and Apollo.

The Grill Coach
Pork Shoulder Steaks

The Grill Coach

Play Episode Listen Later Sep 4, 2025 47:06


Pork shoulder steaks are one of the most underrated cuts you can throw on the grill. They're flavorful, versatile, and easy on the budget — whether you cook them hot and fast, braise them for tenderness, or even give them a kiss of smoke. In this episode, we break down everything you need to know: how to choose the best steaks, what you should expect to pay, and our favorite cooking methods, sides, and sauces to make them shine.