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On today's Labor Radio Podcast Daily: The Manufacturing Report explores how Samuel Slater brought British textile mill knowledge to America. In labor history, the 1990 Battle of Century City helped spark annual Justice for Janitors Day. Quote of the day: John Sweeney. @wpfwdc @AFLCIO #1u #UnionStrong #LaborRadioPod Proud founding member of the Labor Radio Podcast Network. Produced by Chris Garlock, Patrick Dixon and Harold Phillips.
In the late 2000s, two movements emerged in Sao Paulo, each trying to make the city more humane and livable for its residents. On the one hand, green policy elites worked on a downtown revitalization plan that would model a moreintelligently dense, and hence lower-carbon, style of urbanism. On the other, the city's housing movement occupied vacant buildings to pressure state actors to build up affordable housing and democratize urban planning. These groupscould have been allies, but first, they ended up on opposite sides of a battle over the future of the city. What were the conditions for the climate and housing agenda to pull in the same direction?There is a line of argumentation that says: “working class people don't care about the environment or climate change; this is a privilege of the middle class or urban educated elites, that is incapable of accounting for the immediate necessities many families have”. And yet, this itself fails to recognize that many working class struggles already have a green agendaof sorts: they want good housing in central places; they want transit systems that work and access to urban amenities that the wealthy already have. In other words, what the environmentalist movement – and its critics - sometimes miss isthat some of the most important climate actors are not always the people who speak in the language of carbon emissions and bike lanes, but rather fight for the right to the city.Talking through this today is Daniel Aldana Cohen, who is not only Assistant Professor of Sociology at UC Berkeley, but is also one of my models for public intellectual and leftist policynerds, particularly around working class politics and climate change. In this episode, we talk about Daniel's upcoming book, titled Street Fight: Climate Change and Inequality in the 21st Century City. We look at the case of Nova Luz, a downtown redevelopment project sold as a green and dense revitalization urbanism, but that was actually experienced by housing movements as a kind of displacement from above. But the framing that there is an intrinsic conflict between climate and social justice is a strawman – instead, we need to understand the distinction between luxury and democratic ecologies and who reaps the benefits or pays the costs of these different political projects. There is a critique, but also hope in this! The environmental movement is doomed to alienate working class people if it shifts the costs of changes onto the people already bearing the worst brunt of climate change and inequality.But by integrating working class needs – including appropriate measures – such as protecting housing security to avoid green gentrification, or creating affordable housing in central locations – then the power of both movements can reinforce each other. This isn't necessarily easy, and there are tensions tonavigate – but it's the only long-term strategy that can create a deep leftist project of public affluence and climate justice. Daniel Aldana Cohen is Assistant Professor of Sociology at the University of California, Berkeley, where he is Director of the Socio-Spatial Climate Collaborative, or (SC)2, and serves as a member of the Graduate Group of the Designated Emphasis in Political Economy. He is also Founding Co-Director of the Climate and Community Institute (CCI), a progressive climate and economy think tank. He has been a CIFAR Azrieli Global Scholar (2021-24), and Member of the Institute for Advanced Study in Princeton, NJ (2018-19). He is the co-author of A Planet to Win: Why We Need a Green New Deal (Verso 2019).
Scott Duffy's entrepreneurial journey is proof that success rarely follows a predictable roadmap. In this episode of Inventive Journey with Devin Miller, Scott shares an incredible story that spans hot dog stands, catastrophic setbacks, Tony Robbins, Silicon Valley startups, internet media companies, and the rise of artificial intelligence.Scott's story starts in Los Angeles where his father intentionally pushed him toward responsibility early in life. Working at hot dog stands and catering events taught him customer service, accountability, and work ethic before most teenagers even understand what taxes are. Eventually he found himself selling quiche at a food cart in Century City, which may be one of the least glamorous but most educational entrepreneurial beginnings imaginable.After graduating high school, Scott attended the University of San Diego where a simple piece of networking advice changed everything. He built relationships with the university's career counseling department early and that eventually opened the door to AAA Student Painters. There, Scott learned real entrepreneurial skills including hiring, operations, billing, customer service, inventory management, and leadership.Then came a life-changing tragedy.During a trip to Mexico in college, Scott was involved in a devastating car accident that left him with brain hemorrhages and forced him to leave school temporarily. Recovery became one of the hardest periods of his life. Unable to comfortably read or watch television, Scott spent his days listening to motivational audio programs from icons like Jim Rohn, Zig Ziglar, Brian Tracy, and Tony Robbins.That unexpected detour eventually led him to apply for an internship with Tony Robbins. Instead of an internship, he was offered a job.Working alongside Tony Robbins during the early growth years of the company transformed Scott's perspective on mindset, communication, sales psychology, and business development. One of the most valuable lessons he learned involved understanding customer psychology through deeper questioning. Scott explains why simply asking customers what they want is not enough and how businesses must understand how customers define value personally.The episode also dives into Scott's entrance into Silicon Valley during the earliest days of the commercial internet. At a time when most people barely understood what the internet even was, Scott recognized massive opportunity emerging in the Bay Area.With almost no money, he couch surfed throughout San Francisco trying to break into tech startups. Eventually he ran out of cash entirely and found himself sleeping in his car outside Oracle headquarters during a rainstorm while deciding whether to give up or keep pushing forward.Then came the legendary pizza-resume strategy.Scott used his last few dollars to buy discounted leftover pizzas, stuffed his resume underneath the cheese, and delivered them to startup offices. The unconventional approach worked because it stood out in a world already crowded with generic resumes and predictable networking tactics.That creative gamble helped launch Scott into internet startups that later became major media brands including CBSsports.com and other high-growth digital companies during the dot-com era.The conversation then shifts toward artificial intelligence and why Scott believes AI mirrors the early internet revolution. Having entered AI years before mainstream adoption accelerated, Scott now works with organizations around the world helping them become AI fluent and avoid falling behind technologically.One of the most powerful themes throughout the interview is focus.Scott shares his “hammers and nails” analogy to explain why entrepreneurs fail when they spread themselves too thin.To chat about this one-on-one, grab a free consult at strategymeeting.com
Lester Kiewit speaks to Stan Bezuidenhout, Transport Risk and Accident Specialist with IBF Investigations, about whether it is time to consider banning trucks from suburban streets. This comes after a container truck slammed into a Century City home along Bosmansdam Road. Good Morning Cape Town with Lester Kiewit is a podcast of the CapeTalk breakfast show. This programme is your authentic Cape Town wake-up call. Good Morning Cape Town with Lester Kiewit is informative, enlightening and accessible. The team’s ability to spot & share relevant and unusual stories make the programme inclusive and thought-provoking. Don’t miss the popular World View feature at 7:45am daily. Listen out for #LesterInYourLounge which is an outside broadcast – from the home of a listener in a different part of Cape Town - on the first Wednesday of every month. This show introduces you to interesting Capetonians as well as their favourite communities, habits, local personalities and neighbourhood news. Thank you for listening to a podcast from Good Morning Cape Town with Lester Kiewit. Listen live on Primedia+ weekdays between 06:00 and 09:00 (SA Time) to Good Morning CapeTalk with Lester Kiewit broadcast on CapeTalk https://buff.ly/NnFM3Nk For more from the show go to https://buff.ly/xGkqLbT or find all the catch-up podcasts here https://buff.ly/f9Eeb7i Subscribe to the CapeTalk Daily and Weekly Newsletters https://buff.ly/sbvVZD5 Follow us on social media CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/CapeTalk CapeTalk on YouTube: https://www.youtube.com/@CapeTalkSee omnystudio.com/listener for privacy information.
A 1983 LA Times article about Karen Bass training in "terrorist tactics and guerrilla warfare" with communists in Cuba just resurfaced — five days before the LA mayoral primary. Jake Tapper tried to grill Spencer Pratt about old 9/11 conspiracy comments while CNN's own Van Jones signed the exact same truther petition, and Jane Fonda endorsed Bass from her gated 7-bathroom compound in Century City. Pledge to protect Social Security at https://aarp.org/WeEarnedIt SHOP OUR MERCH: https://store.townhallmedia.com/ BUY A LARRY MUG: https://store.townhallmedia.com/products/larry-mug Watch LARRY with Larry O'Connor LIVE — Monday-Thursday at 12PM Eastern on YouTube, Facebook, & Rumble! Find LARRY with Larry O'Connor wherever you get your podcasts! SPOTIFY: https://open.spotify.com/show/7i8F7K4fqIDmqZSIHJNhMh?si=814ce2f8478944c0&nd=1&dlsi=e799ca22e81b456f APPLE: https://podcasts.apple.com/us/podcast/larry/id1730596733 Become a Townhall VIP Member today and use promo code LARRY for 50% off: https://townhall.com/subscribe?tpcc=poddescription https://townhall.com/ https://rumble.com/c/c-5769468 https://www.facebook.com/townhallcom/ https://www.instagram.com/townhallmedia/ https://twitter.com/townhallcomBecome a Townhall VIP member with promo code "LARRY": https://townhall.com/subscribeSee omnystudio.com/listener for privacy information.
A recent TikTok video of a security guard unholstering his firearm when dealing with a group of young men at Century City has sparked off a discussion on heavy-handedness by private security officers. Lester Kiewit speaks to Eddie Booysen, acting provincial manager for PSIRA in the Western Cape (Private Security Industry Regulatory Authority) Good Morning Cape Town with Lester Kiewit is a podcast of the CapeTalk breakfast show. This programme is your authentic Cape Town wake-up call. Good Morning Cape Town with Lester Kiewit is informative, enlightening and accessible. The team’s ability to spot & share relevant and unusual stories make the programme inclusive and thought-provoking. Don’t miss the popular World View feature at 7:45am daily. Listen out for #LesterInYourLounge which is an outside broadcast – from the home of a listener in a different part of Cape Town - on the first Wednesday of every month. This show introduces you to interesting Capetonians as well as their favourite communities, habits, local personalities and neighbourhood news. Thank you for listening to a podcast from Good Morning Cape Town with Lester Kiewit. Listen live on Primedia+ weekdays between 06:00 and 09:00 (SA Time) to Good Morning CapeTalk with Lester Kiewit broadcast on CapeTalk https://buff.ly/NnFM3Nk For more from the show go to https://buff.ly/xGkqLbT or find all the catch-up podcasts here https://buff.ly/f9Eeb7i Subscribe to the CapeTalk Daily and Weekly Newsletters https://buff.ly/sbvVZD5 Follow us on social media CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/CapeTalk CapeTalk on YouTube: https://www.youtube.com/@CapeTalkSee omnystudio.com/listener for privacy information.
This week, Sara surprises Kirbie with the ultimate LA luxury: a VIP valet parking card for Westfield Century City — because nothing says we've made it like avoiding the Century City parking structure. Then, we dive into the rise of “zombie filler,” aka injectable volume treatments made from donated cadaver fat, and unpack why clinics are suddenly obsessed with it, who's getting it (from faces to BBLs), and the ethical and medical concerns experts are already raising. Could this be the future of aesthetics or is the beauty industry moving wayyyy too fast? Plus, we discuss Olivia Jade's new beauty brand O.Piccola, why a single bronzer-highlight stick might actually make sense for her brand, and whether consumers are ready to separate the founder from the scandal that made her famous.Watch our episodes!Shop our episodesInstagram: @glossangelspod | TikTok: @glossangelespodEmail: glossangelespodcast@gmail.com Hosted on Acast. See acast.com/privacy for more information.
Tim Conway Jr. Hour 4 (4.29)
A witch with strange servants is at work above the streets of Century City. Music by CO.AG Music
Gary Koetser of Century City Conference Centre and Hotels – which is backed by Rabie Property Group – speaks about its JV with JSE-listed Attacq to develop a new conference centre and hotel next to Mall of Africa at Waterfall City. Podcast series on Moneyweb
Cape Town will soon be seeing the rollout of a fleet of fully-electric minibus taxis. While we might think of minibus taxis as being operational all day, many of them spend a lot of time being idle in between the morning and evening peak demand periods, making them ideal for charging in between, especially if solar-generated power is available. Lester Kiewit speaks to Justin Coetzee, director at flxEV, the company behind the eKamva electric minibus taxi. Good Morning Cape Town with Lester Kiewit is a podcast of the CapeTalk breakfast show. This programme is your authentic Cape Town wake-up call. Good Morning Cape Town with Lester Kiewit is informative, enlightening and accessible. The team’s ability to spot & share relevant and unusual stories make the programme inclusive and thought-provoking. Don’t miss the popular World View feature at 7:45am daily. Listen out for #LesterInYourLounge which is an outside broadcast – from the home of a listener in a different part of Cape Town - on the first Wednesday of every month. This show introduces you to interesting Capetonians as well as their favourite communities, habits, local personalities and neighbourhood news. Thank you for listening to a podcast from Good Morning Cape Town with Lester Kiewit. Listen live on Primedia+ weekdays between 06:00 and 09:00 (SA Time) to Good Morning CapeTalk with Lester Kiewit broadcast on CapeTalk https://buff.ly/NnFM3Nk For more from the show go to https://buff.ly/xGkqLbT or find all the catch-up podcasts here https://buff.ly/f9Eeb7i Subscribe to the CapeTalk Daily and Weekly Newsletters https://buff.ly/sbvVZD5 Follow us on social media CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/CapeTalk CapeTalk on YouTube: https://www.youtube.com/@CapeTalk5See omnystudio.com/listener for privacy information.
One-on-one pod today, Chris and Jason are in LA and chat about Harry Styles' at The Brit Awards, Jim Carrey's facial transformation, Connor Storrie on SNL, rapper T.I., and 50 Cent are beefing, Glavie and Alysa Liu dating rumors, a recap of our party with Silencio and Tom Of Finland with DJ Harvey, we went to a Gus Van Sant book signing at Acana and had dinner at the Century City mall last night, Drake wearing the iguana cross body bag to celebrate his McDonald's collab, the Supreme "Paris Is Burning" hoodie, and our plans for Paris this week. twitter.com/donetodeath twitter.com/themjeans howlonggone.com Learn more about your ad choices. Visit megaphone.fm/adchoices
Lester Kiewit speaks to Ash Muller, property media professional, about why Century City is the perfect example of mixed-used development, offering residents easy access to work, shops, parks, waterways and recreational facilities. Good Morning Cape Town with Lester Kiewit is a podcast of the CapeTalk breakfast show. This programme is your authentic Cape Town wake-up call. Good Morning Cape Town with Lester Kiewit is informative, enlightening and accessible. The team’s ability to spot & share relevant and unusual stories make the programme inclusive and thought-provoking. Don’t miss the popular World View feature at 7:45am daily. Listen out for #LesterInYourLounge which is an outside broadcast – from the home of a listener in a different part of Cape Town - on the first Wednesday of every month. This show introduces you to interesting Capetonians as well as their favourite communities, habits, local personalities and neighbourhood news. Thank you for listening to a podcast from Good Morning Cape Town with Lester Kiewit. Listen live on Primedia+ weekdays between 06:00 and 09:00 (SA Time) to Good Morning CapeTalk with Lester Kiewit broadcast on CapeTalk https://buff.ly/NnFM3Nk For more from the show go to https://buff.ly/xGkqLbT or find all the catch-up podcasts here https://buff.ly/f9Eeb7i Subscribe to the CapeTalk Daily and Weekly Newsletters https://buff.ly/sbvVZD5 Follow us on social media CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/CapeTalk CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567See omnystudio.com/listener for privacy information.
In this episode of Mission Matters, Adam Torres interviews Tim Millette, Writer & Producer at Majestic Worldwide Productions, as part of the American Film Market (AFM) Series. Tim shares takeaways from AFM in Century City, reflects on the entertainment industry's shifting landscape—pandemic, strikes, and AI—and explains why human emotion and connection remain the foundation of powerful storytelling. He also previews upcoming Majestic projects, including a new series exploring AI's impact across industries. Follow Adam on Instagram at https://www.instagram.com/askadamtorres/ for up to date information on book releases and tour schedule. Apply to be a guest on our podcast: https://missionmatters.lpages.co/podcastguest/ Visit our website: https://missionmatters.com/ More FREE content from Mission Matters here: https://linktr.ee/missionmattersmedia Learn more about your ad choices. Visit podcastchoices.com/adchoices
In this episode of Mission Matters, Adam Torres interviews Tim Millette, Writer & Producer at Majestic Worldwide Productions, as part of the American Film Market (AFM) Series. Tim shares takeaways from AFM in Century City, reflects on the entertainment industry's shifting landscape—pandemic, strikes, and AI—and explains why human emotion and connection remain the foundation of powerful storytelling. He also previews upcoming Majestic projects, including a new series exploring AI's impact across industries. Follow Adam on Instagram at https://www.instagram.com/askadamtorres/ for up to date information on book releases and tour schedule. Apply to be a guest on our podcast: https://missionmatters.lpages.co/podcastguest/ Visit our website: https://missionmatters.com/ More FREE content from Mission Matters here: https://linktr.ee/missionmattersmedia Learn more about your ad choices. Visit podcastchoices.com/adchoices
In Minneapolis, Trump walked into a trap designed by California union activists and perfected in their bloody showdown with the Los Angeles Police Department in 1990: Provoke law enforcement into violent behavior, broadcast the images, and win political concessions. In other news: Trump uses his bully pulpit to beat up Newsom on gasoline prices and wildfire relief. The Atlantic concludes Newsom's record of failed governance won't work with a national audience. Bonus tracks! Lance Christensen reviews Newsom's record of failure on K–12 education, and Edward Ring says the U.S. Drought Monitor's California reports have been wrong for 25 years. Music by Metalachi.Email Us:dbahnsen@thebahnsengroup.comwill@calpolicycenter.orgFollow Us:@DavidBahnsen@WillSwaim@TheRadioFreeCAShow Notes:When police beat janitors -- but janitors won justiceThey'll always have Davos: When Donald Hung Out With GavinGavin Newsom's Record Is a Problem (The Atlantic)Trump signs executive order for feds to take over LA's ‘nightmare' wildfire rebuild in huge boost for victimsTrump vows to drive down California's sky-high gas prices to $2.50, blames Dems for tacking on enormous taxesGavin Newsom's Big Ambulance ScamNewsom plans no new journalism funding despite $175-million funding deal with GoogleThe California Post heralds a new era for The Golden State — we will fearlessly tell you the stories that really matterKamala Harris's Presidential Campaign Was Run by a Bunch of LunaticsJosh Shapiro Writes That Harris Team Asked if He Had Ever Been an Israeli AgentScott Wiener changes course, calls war in Gaza ‘genocide' as House race kicks offCalifornia husband sues McDonald's after ‘vagrant' kills his wife in drive-thruL.A. homeless services fraud suspect spent millions on luxury lifestyle, authorities chargeRick Caruso, a Los Angeles Billionaire, Will Not Run for Office This YearCalifornia Atty. Gen. Rob Bonta opts against running for governor. AgainDon't Be Fooled: San Jose's Matt Mahan is No ModerateTom Steyer gets a sparkLance Christensen and Sheridan Karras on Newsom's education failures Newsom's Education Legacy: Rising Costs, Declining PerformanceInsolvency by summer still threatens Sacramento school district, budget chief saysSacramento: Charter school renewal denied by Sacramento school district. What comes next?Entrance exams to end for Sac City elementary schools after mandate from stateEdward Ring and Marc Joffe on the U.S. Drought MonitorStatistical review of the United States Drought MonitorCalifornia is free of all drought, dryness for first time in 25 years. Inside the remarkable turnaroundGavin Newsom on the Drought Monitor's report Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Chaplains in healthcare settings are often called upon to work in clinical ethics. In this episode of the Neshamacast, Chaplain Karen Lieberman, Rabbi Jason Weiner and Rabbi Neal Loevinger discuss the intersection between the fields of chaplaincy and clinical ethics and challenges and opportunities that arise as a result.About the guests on this episodeChaplain Karen Lieberman, JD, MSJS, MA, BCC, serves as the Jewish Chaplain for the Midwest Region of Advocate Health. She is board-certified by NAJC and has worked in adult and pediatric hospital settings for over 15 years. Previously, Karen practiced law in both the public and private sectors and served as an adjunct law school faculty member at Marquette University. In addition to her law and Jewish studies degrees, Karen holds a master's degree in bioethics and health policy. She has served on multiple hospital ethics committees and is the immediate past co-chair of the ethics committee at Aurora Medical Center—Grafton. She has a special interest in the intersection of law, medicine, ethics and spirituality.Chaplain Lieberman is co-author of: “The Expanding Role of United States Healthcare Chaplains in Clinical Ethics,” from the Journal of Religion and Health, M. Jeanne Wirpsa, Nina Redl, Karen Lieberman & Krys Springer. She also contributed a chapter to Karen Pugliese & Jeanne Wirpsa, Eds., Chaplains As Partners in Medical Decision-Making, Jessica Kingsley Publishers, 2020. In addition, Chaplain Lieberman has published or been featured in a number of other articles in Plainviews, The APC Forum, The Journal of Legal Medicine, The Journal of Pastoral Care and Counseling, The Stanford Law Review, and The Wisconsin Jewish Chronicle.Rabbi Dr. Jason Weiner, BCC, is the senior rabbi and executive director of the Spiritual Care Department at Cedars-Sinai in Los Angeles, where he oversees the chaplaincy team and all spiritual care services across the health system. He also serves as rabbi of Knesset Israel Synagogue of Beverlywood and as a senior consultant to Ematai.Formerly the assistant rabbi at Young Israel of Century City, Rabbi Weiner holds two rabbinic ordinations, a doctorate in clinical bioethics, a master's in bioethics and health policy from Loyola University (Chicago), and a master's in Jewish history from Yeshiva University. He completed four units of clinical pastoral education and is a board-certified chaplain.He serves on the executive committee of the Cedars-Sinai Bioethics Committee and is a past president of the Southern California Board of Rabbis. He has received chaplaincy and rabbinic leadership awards from the Rabbinical Council of America, Orthodox Union, Chabad On-Call, Chai Lifeline, and Neshama: Association of Jewish Chaplains, where he chairs their ethics committee. In 2023, he donated a kidney to a stranger.Rabbi Weiner frequently lectures nationwide as a scholar-in-residence on Jewish medical ethics, pastoral care, and wellness, and teaches hands-on Jewish medical ethics to high school students throughout Los Angeles.In addition to dozens of articles and book chapters, he is the author of Guide to Observance of Jewish Law in a Hospital (Kodesh Press), Jewish Guide to Practical Medical Decision-Making (Urim Press), cited in a Supreme Court brief, and Care and Covenant: A Jewish Bioethic of Responsibility (Georgetown University Press), a finalist for the Rabbi Jonathan Sacks Book Prize. Rabbi Dr. Neal Loevinger, BCC, is the director of Spiritual Care and the Ethics Coordinator at Vassar Brothers Medical Center, in Poughkeepsie, New York, now part of Northwell Health. He has held rabbinic positions in Toronto, Massachusetts and New York, and has studied at both the Ziegler School of Rabbinic Studies and the Reconstructionist Rabbinical College. Neal also holds a Master of Environmental Studies from York University in Toronto, a Doctor of Ministry degree from Hartford Seminary, now called Hartford International University, and a Certificate in Clinical Ethics from Albert Einstein College of Medicine, where he is slowly working on a Master's Degree in clinical ethics. He currently also serves as the rabbi of Congregation Temple Beth-El, in Kauneonga Lake, NY, the heart of the Borscht Belt, and is the kosher supervisor for the Vassar College kosher kitchen. About our host:Rabbi Edward Bernstein, BCC, is the executive producer and host of NeshamaCast. He serves as Chaplain at Boca Raton Regional Hospital of Baptist Health South Florida. He is a member of the Board of Neshama: Association of Jewish Chaplains. Prior to his chaplain career, he served as a pulpit rabbi in congregations in New Rochelle, NY; Beachwood, OH; and Boynton Beach, FL. He is also the host and producer of My Teacher Podcast: A Celebration of the People Who Shape Our Lives. NeshamaCast contributor Chaplain David Balto is a volunteer chaplain at Washington Hospital Center in Washington, D.C. and Western Correctional Insitution, Maryland's maximum security prison. He coordinated the annual National Jewish Healing Conference. Support NeshamaCast and NAJC with a tax deductible donation to NAJC. For sponsorship opportunities as either an individual or institution, please write to Rabbi Ed Bernstein at NeshamaCast@gmail.com Thank you to Steve Lubetkin and Lubetkin Media Companies for producing this episode. Transcripts for this episode and other episodes of NeshamaCast are available at NeshamaCast.simplecast.com and are typically posted one week after an episode first airs. Theme Music is “A Niggun For Ki Anu Amecha,” written and performed by Reb-Cantor Lisa Levine. Please help others find the show by rating and reviewing the show on Apple Podcasts or other podcast providers. We welcome comments and suggestions for future programming at NeshamaCast@gmail.com. And be sure to follow NAJC on Facebook to learn more about Jewish spiritual care happening in our communities.
In times of profound geopolitical turbulence - wars, trade shocks, energy insecurity, and climate breakdown - something unexpected is happening: while autocratic leaders double down on fossil fuels and climate denial, cities are stepping into the breach to create a different story. One of hope, resilience, and innovation.Like wildflowers pushing through concrete, cities around the world are experimenting with new economic models that challenge the old orthodoxy of endless growth. They're turning away from Gross Domestic Product (GDP) as the sole measure of success and asking different questions: Are people housed? Are they thriving? Are we staying within planetary limits?Featured guests:Kate Raworth, Co-founder of the Doughnut Economics Action Lab (DEAL)Leonora Grcheva, Cities and Regions Lead at DEALGiuseppe Sala, Mayor of Milan, ItalyNkosindiphile Xhakaza, Executive Mayor of Tshwane, South AfricaCarola Schouten, Mayor of Rotterdam, NetherlandsLinks:Doughnut Economics in Local Governments: An Overview of Emerging Practice by Leonora Grcheva and Michele VianelloSpecial Issue on Sustainable Prosperity in the 21st-Century City - the Journal of City Climate Policy and EconomyTrump fossil-fuel push setting back green progress decades, critics warn - The GuardianResources for a better future: GDP - Resilience.orgMilan's Food Waste Hubs NetworkCompilation of the Integrated Waste Management Plan for the City of Ekurhuleni Metropolitan MunicipalityCCU Challenge: Unlock the City's Ambition of Becoming Fully Circular by 2050If you want to learn more about the Journal of City Climate Policy and Economy, please visit our website at https://jccpe.utpjournals.press/ Listen to the Cities 1.5 five-part miniseries “Going Steady with Herman Daly: How to Unbreak the Economy (and the Planet)" here: https://lnk.to/HDMiniSeries Cities 1.5 is produced by the University of Toronto Press and the C40 Centre, and is supported by C40 Cities. Sign up to the Centre newsletter: https://thecentre.substack.com/ Writing and executive production by Peggy Whitfield. Narrative and communications support by Chiara Morfeo. Produced by Jess Schmidt: https://jessdoespodcasting.com/ Edited by Morgane Chambrin: https://www.morganechambrin.com/ Music by Lorna Gilfedder: https://origamipodcastservices.com/
EPISODE SUMMARY What if aging wasn't a slow decline… but a design choice? This week I'm talking with longevity pioneer Oz Garcia—the man Fortune 100 CEOs and A-list performers call when their energy, immunity, or performance is on the line. We explore the future of bio-hacking, the hidden biological costs of entrepreneurship, and the surprising habits that actually reverse aging. Listen now on your favorite player! We talked about Simple biohacks everyone can implement Longevity breakthroughs entrepreneurs can't afford to overlook How to build a high-performance life without burning out EPISODE NOTES Oz Garcia is recognized as an authority on healthy aging, age reversal and fortifying the immune system. His client list includes A-List celebrities, Fortune 100 CEOs, and more recently, those dealing with Covid and Post-Covid health issues. Oz Garcia's unique and customized approach to nutrition, functional health, and self-optimization, combined with more than forty years of experience have made him one of the most recognizable names in the industry. Oz Garcia has lectured worldwide and is known as a trailblazer in the study of nutrition, ensuring quality of life as we age, and learning to survive Covid by creating a strong immune system. Oz is the best selling author of five books: The Food Cure for Kids, The Balance, Look and Feel Fabulous Forever and Redesigning 50: The No-Plastic -Surgery Guide to 21st -Century Age Defiance and After Covid. He was twice voted best nutritionist by New York Magazine and is frequently called upon by some of the most respected names in medicine and media for his up -to-the-minute views on nutrition and its role in aging and longevity. Oz has served as a Nutritional Advisor for Equinox Fitness as well as a Wellness Partner at Fairmont Hotel Spa in Century City. Oz has been featured in Vogue, Elle, Travel and Leisure, W Magazine, Forbes and The New York Times. He has also made numerous television appearances, including on NBC's Today Show, CBS's This Morning, ABC's Good Morning America, 20/20, 48 Hours, Fox News and the View. LINKS Ozgarcia.com Social media: @ ozwellness ----------- Click this link to listen on your favorite podcast player and if you enjoy the show, please leave a rating & review: https://linktr.ee/wiredforsuccess ------------------ Music credit: Vittoro by Blue Dot Sessions (www.sessions.blue) ----------------- Disclaimer: Podcast Episodes might contain sponsored content.
Welcome to Health-e Law, Sheppard Mullin's podcast exploring the fascinating health tech topics and trends of the day. In this episode, Michael Orlando welcomes Amy Dilcher and Chi Huynh, co-chairs of Sheppard Mullin's Women in Healthcare Leadership Collaborative (WHLC), to discuss key takeaways from the 2025 WHLC Leadership Summit. What We Discussed in this Episode: What is WHLC, and what is its mission? What is the purpose of the annual leadership summit? What was the theme for 2025? What topics were discussed during this year's summit panels? What were the key takeaways regarding healthcare transactions, AI, reimbursement and regulatory changes, and telehealth? Looking ahead to 2026, what's on WHLC's agenda? How can the annual summit help advance women in healthcare leadership? What do you see as the key drivers that help support women in leadership? How does the WHLC summit encourage collaboration? What is Legal Bridge Services, and what drove its creation? About Amy Dilcher Amy Dilcher is a partner in the Corporate Practice Group in Sheppard Mullin's Washington, D.C. office and Co-Chair of WHLC. With more than 25 years in the healthcare industry and a prior career as an oncology nurse, Amy's dual understanding of the clinical and legal aspects of healthcare enables her to deliver practical, tailored solutions that balance business goals with regulatory compliance. Amy advises hospitals, health systems, and private equity–backed organizations on strategic affiliations, hospital and physician transactions, regulatory compliance, and operational risk. Her background as Chief Legal Officer and General Counsel enables her to offer practical guidance that aligns legal strategy with business and clinical priorities. Her practice includes structuring and negotiating complex healthcare transactions, developing compliance programs, and supporting post-transaction integration. She also provides ongoing counsel to leadership teams navigating regulatory and operational challenges. Amy is certified as a Yellow Belt in Legal Process Improvement and Project Management through Legal Lean Sigma, and she assists clients in strengthening legal operations, improving workflow efficiency, and enhancing organizational performance. About Chi Huynh Chi Huynh is a partner in the Corporate Practice Group in Sheppard Mullin's Century City office and Co-Chair of WHLC. Her practice focuses on healthcare transactions, compliance, mergers and acquisitions, and corporate governance. Chi represents physician groups, independent physician associations, hospitals and affiliated foundations, nonprofit health organizations, pharmacies, and other healthcare entities in mergers and acquisitions, operational matters, contracting, and general corporate counsel work. She also handles healthcare regulatory issues involving information privacy, the corporate practice of medicine, anti-kickback rules, and Stark Law considerations. She also advises public and private companies, private equity firms, and strategic investors on mergers and acquisitions, joint ventures, investment structures, and corporate governance. Her work spans a range of industries, including semiconductor, food and beverage, specialty manufacturing, entertainment, energy, and renewable energy. Before joining Sheppard Mullin, Chi served as Associate General Counsel at IPC Healthcare, Inc., where she led a team responsible for negotiating, documenting, and closing more than 35 acquisitions across multiple states. About Michael Orlando Michael Orlando is a corporate and intellectual property transactions attorney in Sheppard Mullin's San Diego (Del Mar) office, where he leads the firm's Technology Transactions Team and is a member of the Life Sciences and Healthcare teams. Michael advises technology companies on the development, commercialization, and procurement of their products. His expertise covers a broad spectrum of transactions, including licensing, outsourcing, joint ventures, mergers and acquisitions, collaborations, and strategic partnerships. By integrating corporate and intellectual property law, Michael structures deals that align his clients' legal, technical, and business objectives. His practice serves a diverse range of industries—from biotechnology and digital health to aerospace and automotive technologies, with a particular focus on electric, autonomous, and connected vehicle systems. He represents a wide array of clients, from early-stage startups to Fortune 500 companies. Before entering private practice, Michael founded a software-as-a-service company and completed an in-house secondment at a publicly traded biotechnology company, an experience that informs his practical and business-focused approach to client engagements. Contact Info Amy Dilcher Chi Huynh Michael Orlando Resources Women in Leadership Healthcare Collaborative (WHLC) Thank you for listening! Don't forget to SUBSCRIBE to the show to receive new episodes delivered straight to your podcast player every month. If you enjoyed this episode, please help us get the word out about this podcast. Rate and Review this show on Apple Podcasts, Amazon Music, or Spotify. It helps other listeners find this show. This podcast is for informational and educational purposes only. It is not to be construed as legal advice specific to your circumstances. If you need help with any legal matter, be sure to consult with an attorney regarding your specific needs.
Sermon: Ordination Sunday Century City Date: 23/11/2025
On this episode of The LA Food Podcast, host Luca Servodio sits down with legendary chef Ludo Lefebvre — the culinary rockstar behind LudoBites, Petit Trois, and some of Los Angeles' most influential restaurants. Recorded inside his intimate Paris-inspired bistro, this candid conversation dives into Ludo's early days disrupting the LA dining scene, his transition into a restaurant empire, and why he still believes food — and butter — are the ultimate forms of creative freedom.Plus, co-host Karen Palmer returns to discuss what's hot in LA dining right now: the rise of a local restaurant chain, David Chang's new Century City spot, recent meals at Funke, Garibaldina Society, and Wallflour Pizza, and the biggest “Chef's Kiss, Big Miss” moments — from The Infatuation's Top 25 list to the backlash against The Bear and Unreasonable Hospitality, and even Erewhon's wild new toothpaste smoothie.Powered by Acquired Taste Media.Keywords: Ludo Lefebvre, LudoBites, Petit Trois, LA restaurants, Los Angeles food podcast, Chef Ludo, Jonathan Gold, David Chang, Funke, The Infatuation, Erewhon, The Bear, Unreasonable Hospitality, LA dining scene, Acquired Taste Media–Go check out The Lonely Oyster in Echo Park! https://thelonelyoyster.com/–Get 10% off at House of Macadamias using code "LAFOOD" https://www.houseofmacadamias.com/pages/la-foods
Dr. Dipti Sagar discusses Gastroesophageal Reflux with Dr. Ben Weitz. [If you enjoy this podcast, please give us a rating and review on Apple Podcasts, so more people will find The Rational Wellness Podcast. Also check out the video version on my WeitzChiro YouTube page.] Podcast Highlights ____________________________________________________________________ Dr. Dipti Sagar is an Integrative Gastroenterologist who practices in Century City as an associate of Dr. Farshid Rahbar and reflux is one of the many GI conditions that she treats regularly in patients. Her website is LAIntegrativeGI.com. Dr. Ben Weitz is available for Functional Nutrition consultations specializing in Functional Gastrointestinal Disorders like IBS/SIBO and Reflux and also Cardiometabolic Risk Factors like elevated lipids, high blood sugar, and high blood pressure. Dr. Weitz has also successfully helped many patients with managing their weight and improving their athletic performance, as well as sports chiropractic work by calling his Santa Monica office 310-395-3111.
Today on Breaking Bread Cedric the Entertainer joins us at the table! Cedric talks The Kings of Comedy, being the life of the party, and even busts out a few tunes. Tom may or not be considering stealing Cedric's look. Enjoy! Factormeals.com/papa50off and use code papa50off to get 50 percent off plus FREE shipping on your first box.Text PAPA to 64000 to get twenty percent off all IQBAR products, plus FREE shipping. Message and data rates may apply. --------------- 0:00:00 Intro 0:00:18 Patreon shout out 0:00:42 Welcome and bread 0:03:13 AC BBQ, Century City restaurant, Arby's 0:08:11 Brussel Sprouts come back 0:09:20 Mother and childhood 0:12:30 The "old way" of sports 0:14:14 Factor Ad 0:15:59 IQ Bar Ad 0:18:11 Using your "funny" growing up 0:22:37 High school musicals (Cedric sings) 0:25:25 The original Jake from State Farm 0:29:20 First comedy competition and first bit 0:33:05 Uncomfortable moment 0:35:35 Cedric brings the party on the plane 0:37:27 Ticklish and charm 0:39:50 The Kings of Comedy history 0:49:52 Sitcom life 0:52:20 Touring and life on the road 0:59:10 Vacation life, recurring dreams, being famous 1:01:45 Life at 80 years old --------------- Tom Papa is a celebrated stand-up comedian with over 20 years in the industry. Watch Tom's new special "Home Free" out NOW on Netflix! Patreon - Patreon.com/BreakingBreadwithTomPapa Radio, Podcasts and more: https://linktr.ee/tompapa/ Website - http://tompapa.com/ Instagram - https://www.instagram.com/tompapa Tiktok - https://www.tiktok.com/@tompapa Facebook - https://www.facebook.com/comediantompapa Twitter - https://www.twitter.com/tompapa #tompapa #breakingbread #comedy #standup #standupcomedy #bread #cedrictheentertainer Learn more about your ad choices. Visit podcastchoices.com/adchoices
Preacher: Gabe Phillips, Nhlanhla Majozi, Daniela Majozi Sermon: Hope In The Dark: Century City PM Panel Date: 15/06/2025 Hope In The Dark Resources: https://www.lifechangers.org.za/hope-in-the-dark/
Kaddish and the Idea of Jewish Nationalism, by Rav Yitzchak Etshalom What is the meaning of Kaddish and why does it require a quorum? How does the impetus for a public declaration shed light on the idea of לאומיות ישראלית - Jewish Nationalism? This talk was given at the annual Karen and Ariel Avrech z"l Memorial Lecture at Young Israel of Century City. יהי זכרם ברוך. Source sheet >>
On this episode of The Founder's Sandbox, Brenda speaks with Alexa Steinberg – a corporate and transactional attorney for middle-market companies and entrepreneurs. Acting as outside general counsel, Alexa represents privately held companies in a wide range of general corporate and transactional matters, including entity formation, structuring, and commercial transactions. With a focus on mergers and acquisitions, she offers clients guidance on structuring deals and ensuring compliance with relevant laws and regulations. Brenda and Alexa discuss her journey from working at a small, all-female law firm to joining a full-service firm to better support her clients. Alexa shares how her parents—both deeply involved in business and community service—shaped her values around financial literacy, record-keeping, and the importance of building generational wealth. They speak about family-owned businesses and best practices in family governance, such as setting clear roles, regular meetings, and involving independent board members. Alexa also emphasizes the importance of building trust with clients and maintaining a purpose-driven, relational legal practice. Brenda and Alexa explore what "purpose-driven," "resilience," and "scalable" mean within the context of business and legal practice. You can find out more about Alexa at: https://www.greenbergglusker.com/alexa-steinberg/ episode transcript: 00:04 Hi, I'm pleased to announce something very special to me, a new subscription-based service through Next Act Advisors that allows members exclusive access to personal industry insights and bespoke 00:32 corporate governance knowledge. This comes in the form of blogs, personal book recommendations, and early access to the founder's sandbox podcast episodes before they released to the public. If you want more white glove information on building your startup with information like what was in today's episode, sign up with the link in the show notes to enjoy being a special member of Next Act Advisors. 01:01 As a thank you to Founders Sandbox listeners, you can use code SANDBOX25 at checkout to enjoy 25 % off your membership costs. Thank you. 01:18 Welcome back to the Founders Sandbox. I am Brenda McCabe, your host of this monthly podcast where I have guests that are either founders, professional service providers, corporate board directors that actually share a mission with me, which is bringing change to the world through great corporate governance, but building resilient, scalable and purpose-driven companies. On a monthly basis, my guests are going to tell their origin stories and kind of how I've met them. 01:48 through the work they do. And I've recreated a fun sandbox environment in which we do storytelling. And ultimately we will touch upon resilience, purpose-driven and scalable or sustainable growth in the businesses that they are working in or owners of. 02:17 l I'm absolutely delighted to have as my guest today, Alexa Steinberg, Alexa is counsel at Greenberg, Glasgow. And before that, she was actually practicing in a smaller law firm and where her story today is going to kind of have some some 02:47 lessons learned on why she chose to leave the firm and move into Greenberg, the Greenberg Lasker. But more importantly, you and I go back a couple years. are part of an informal group of women. We call ourselves Women and Wealth. We meet periodically to really refer business to each other for those women business owners that 03:16 are seeking perhaps an exit in the next three to five years. And through our skillset, some of us are CPAs, strategy advisors, yourself as counsel. A lot of these businesses are family owned. And so you and I and another, know, seven other ladies get to meet each other over lunch and discuss these opportunities. And we're all very passionate about helping women business owners. Aren't we, 03:44 We are Brenda, thank you so much for having me on the Founder's Sandbox. I am an avid listener, so I'm very excited that I get to be a guest. Thank you, thank you. you know, we've had many, conversations, obviously, but I wanted for my listeners to really dive into what you do today, right? Which is really purpose. 04:12 driven and it's preserving family wealth, right? And I know that you actually come from a background where your father owned his business. So tell us a bit, us down memory lane and that first story that you told me. Well, you know, growing up, I watched both of my parents. My mother was a career woman. My father, a financial planner. 04:38 running his own book. My mother, a buyer and then in fashion and then into real estate. I watched they were both very involved in the community. My mother sat on the Studio City Council, the Neighborhood Council. She was on many boards involved with the temple. My father as well sat on many boards involved with the 05:07 Boys and Girls Club, and involved with the Jewish Federation. So I watched as my parents really instilled the importance of being involved in community, being involved in family, being involved in the greater good and in purposeful and meaningful organizations. And I... 05:35 sort of learned a lot about that watching them both in their respective arenas being involved. And you know, they've, they've truly inspired me, not only in my career path, but in how I treat my clients in the arenas that I've become involved in. There's a specific story that I think I've shared with you, Brenda, about my father and how he sort of taught me 06:05 the value of wealth, the value of money, because as his career, that was what he did. He focused mainly on planning for retirement and financially setting yourself up and your family up to have generational wealth and what that looked like and how you could prepare for it when you were 10, 15, 20, 25 years old, preparing for family, preparing for children. 06:35 So when I turned 16, my father went into our QuickBooks. We had a family QuickBooks. Oh, wow. That was before it was actually. It was probably a hard disk, right? Not even on the internet. Oh, yeah. It was like a hard disk. had a full set up, massive computers, the whole thing, in our family office. And he went into his QuickBooks. And he took. 07:03 what he spent on me in a year. And he divided it by 12. And this included insurance. Mind you, I just turned 16. So my car insurance, my car lease, medical, entertainment, my tennis lessons, all of these things that were spent on me, what it cost for me to function. Children are expensive, you know. 07:32 I was very expensive because I will tell you that check was large that he cut me every month. And he laid out, these are the things that are monthly expenses for you that you need to pay with this money. And the rest you can use on entertainment, gifts, shopping, which I loved. But I had to learn to balance my checkbook and balance 08:01 this amount of money, because I wasn't able to get any more until the next month. And that really taught me how that money was never something that was readily expendable to me. even if I went to Starbucks and I bought a drink with my father's credit card, he'd ask me for the receipt. He'd want to know where the receipt was, always. 08:28 I was very meticulous in his record keeping which I am now very much meticulous in my record keeping and I enforce with my clients and make sure that record keeping is so important in your business as well. You know and so when I when I graduated high school my father said to me okay the checks are done. And you need to go get a job in college. 08:56 And what I will do is I will subsidize the paycheck that you bring home. So if you bring home $600, I will pay you 50 cents on the dollar for what you bring home, but only up to $300. So I could get a max of $300 every paycheck that he would subsidize. And then that was how I had money to live and to function. my parents, I was lucky enough that my parents would pay for my college. 09:24 in my housing, in my dorms, but it was still really teaching me the value of money. And my father required that a certain portion of those funds get put away in savings and invested. And he would tell me how to do that. And he would guide me. because my father was a financial planner, he would call me like a client and say, listen, 09:53 You're 70 % stocks, 30 % cash. I think you need to swap it. Let's talk about what that means. And of course, I'm like, you're my dad. Just do it. Why are we having this conversation? But it was so valuable because he wanted me to understand what he was doing and why he was doing it and how it really functioned. that I've also taken into how I guide and advise my clients. 10:22 I don't just do for them. understand, I want them to understand how we're doing it, why we're doing it, what the alternatives are and what it means if we do it this way or that way. You know, a lot of my discussions with my clients are about strategy and about structure and so they can make an informed decision. You know, I think that that's extremely important, especially in a family business. Working with your family is tough. So, 10:52 The way that you can make it that much easier is communication and understanding and knowledge. And I try to arm my clients with that. And that's something that my father really taught me. my mother as well, because my father managed our money and my mother would bring it home and hand my father a check and be like, here, I don't know what you do with it, but do something with it. 11:21 She also would, he would say, hold on a second. Like, I know you just sold a house and here's your commission check, but let me show you what we do with this and how we create generational wealth and how we invest it and what the best benefit for these funds are and how to use debt to our advantage. Um, you know, and that's all of these things were such a value add that I 11:51 I obtained understanding about and that I've now turned this value add to my clients and how they run their business. I'm not a financial advisor, I'm not a tax attorney. These are just really sort of general understandings and general guidance points for my clients to go out and have knowledgeable conversations with the appropriate 12:21 guidance, appropriate people, and the appropriate service providers that are going to help them accomplish those things. really, this is very loaded, but I really like the methods your father used. very, well, first of all, intentional and bespoke. And that's really, and he did communicate to your mother, right? To instill also in her an understanding 12:52 of although she's bringing the check home because many, many women business owners today oftentimes do not own a majority of their companies. Right. And that is a shocking statistic that I run into time and time again that women actually don't know how much equity they have in their own business. Right. So just the informing and, and you've translated that bespoke, you know, communicating 13:22 helping your clients understand, pardon me, and providing options as well as access to other professional service providers as your own bespoke offering to your clients. But it wasn't always like, yeah, go. That's sort of the benefit of the group that you and I met in and all of the networking opportunities that I've been involved in. Of course, networking is about building 13:51 um, your brand and your book and, um, but a majority of it and the real value there is meeting and learning and understanding, um, and really coming to know people that can help your clients where you can't, um, and having trustworthy referral sources to do that, because I'm not just going to tell my client, Oh, 14:18 this individual can help you with wealth management, call them without knowing how this person functions, without knowing how they run their clientele, how they do business. Those are really important things and to have trustworthy referral sources is really important. And that's sort of what our group is all about. That's right. And it wasn't always like this. 14:46 Right, you graduated from law school and started with a small, it was a, I think a female-led law firm. all female attorneys. Yeah, so what was your, this is right out of college, what were you doing and what then informed your decision at a very tender age to leave? So right out of law school, 15:17 had worked my way through law school. I worked in family law for about five or six years. during the day, I was at a law firm. And in the evening, I took classes from 5 to 10 PM, four days a week for four years. took me four years to get through law school. And when I graduated, unfortunately, I wasn't afforded 15:47 All of the opportunities in law school that most law students take advantage of, externships, fellowships, things like that, because I was working my way through. I had already been financially independent and I wanted to stay that way. So I didn't want to quit my job to go to school. I wanted to be able to do it all. 16:15 So as a result, I really didn't have the summer clerkships that turn into job offers. And I was a little lost because I had taken the bar exam and I was like, OK, I'm not an attorney yet. But in three months, if I pass the bar exam, I could be. Am I applying for law clerk positions? Am I applying for associate positions? Like, know, I was so lost. And I went on Craigslist. Oh my goodness. 16:44 And I found law firms that were hiring because I figured those people, you know, they're they're looking to hire somebody now, which is what I'm looking for. and hopefully those people, you know, will transition me into an associate role. If I pass the bar exam in a few months. And that was that was like my first sort of in. And I joined a very boutique law firm in West Hollywood. It was 17:13 By the time I left, we were three female attorneys. were all female for my entire tenure there. I was there for six and a half years. And it was in late 2019, early 2020 that I really decided I wanted more for my career and for my book of business. And I wanted to be able to provide my clients with a well-rounded 17:43 advice and guidance. I can't do it all, nor should I. I'm pretty sure my malpractice of insurance wouldn't like that. Not at all. But more and more, had clients that were asking me to help with litigation matters or employment matters. And those are arenas that I know just enough about to be dangerous. But I'm not going to run a full litigation. 18:13 I can't willfully and knowledgeably advise on employment matters. You know, especially to do justice by my client, do well by them. I'd like to be able to have somebody for them that they can speak to and trust and get the advice and counsel that they need. And that really stemmed my yearning to branch out. 18:42 and go to a firm where I had all of those resources at my fingertips. I wanted more for my career, but my biggest drive was I wanted more for my clients. I wanted really to be able to provide them with well-rounded, multidisciplinary counsel. And so I sought out full-service law firms. 19:11 I found my home at Greenberg Gloucester, which is a fantastic place to be. I'm very happy there and everybody is so fantastic and everybody is so good at what they do. We've got employment and tax and IP and litigation, environmental, entertainment, you name it. And it's been such a benefit not only to my career, 19:41 to my clients, but I've learned so much. And is it true? How would you characterize the typical clients without revealing, you know, confidential matters? Is it also a firm that's very oriented towards family owned businesses? Would you say that? Yeah, I would. You know, I'm a counsel in the corporate and tax department. 20:08 And you we don't have a ton of institutional clients. A lot of our clients are family owned businesses, mostly held entities, you know, which I love on a daily basis. I am working with two sisters that own a business together or a multi-generational company where, you know, senior is working with G2 and G3 or 20:37 were actually this morning I was working on assigning interests and reorganizing and restructuring a bunch of entities that own a bunch of real estate for clients. And that's also the kind of benefit that I get that I get to be pulled into real estate matters with my corporate expertise to help a family office restructure their ownership. 21:04 You know, and I love that stuff. We're extremely, the way that Greenberg provides advice and counsel is on a very personal level. The way that the firm and myself, especially, we're a lifestyle firm. You know, we understand that attorneys are people outside of 21:33 the walls of the office and that we all have lives. And we, you know, I translate that to my clients. My clients have lives. My clients have other things going on than their business. And especially when you deal with family offices and family businesses, there's a whole different dynamic of family interaction. Yes. You know, and, and I have now experienced that not only with my clients and sometimes I become 22:03 therapist in that regard, although I'm a very expensive therapist. I'm sure there people that are less per hour. But I'm experiencing it firsthand because my husband has his own business with his brother and I have become advice and counsel for them as well. And so I'm seeing it sort of from a different angle too, but I think that my clients truly appreciate 22:32 that when I talk to them, I talk to them as a person. It's not just as a business owner. It's not just as I'm guiding you with this legal advice. It has to make sense. And it has to be actually applicable. And sometimes what my advice and guidance would be in sort of this like legal box is not the best. 23:00 for my client and how their business is operating. And you've got to be sort of fluid with that. And bespoke. Yeah, so it's really beyond, it's not a transactional relationship. It is a trustworthy relationship based on the values of the family businesses that and their goals in preserving wealth or continuing to generate family wealth. Yeah, absolutely. This is a great segue because you know, I also 23:29 passionate and have often guests that are sitting on corporate boards. As counsel, have you observed any best practices and family governance structure? You talk about G1, G2, G3, Have you observed any best practices? We don't have to talk about bad practices, right? But any best practices that you would like to share here? Yeah, you know, I think that I've observed that 23:59 Some of the most effective family governance structures prioritize clear communication, well-defined roles, professionalized decision-making. I use this in a very loose sense of the word, but you could establish a family constitution. Creating a board of advisors is always really important. 24:28 having independent members in your board of advisors is so incredibly valuable to have a knowledgeable, independent person that can help through disputes. business disputes are one thing, but when you include a family dynamic in these disputes, emotions can get high and heated. And so having an independent third board 24:57 Third party board is extremely valuable. Somebody that can guide you, something that your family trusts. Those are some big things that I've seen as best practices. And I think that lastly, holding dedicated, regular meetings. 25:23 You'll talk about business, you know, at the dinner table or, you know, out and about you're at a kid, one of your niece's birthday parties and everyone's there and you're like, Hey, did you see that email from XYZ? We got to figure out how to handle that. But those are not the time and place and you're not going to have a productive conversation. And so you need to set aside and create boundaries between your family life and your business life and set aside regular times. 25:53 weekly, bi-weekly, to have an hour conversation about what's going on, any disputes that need to be discussed, any decisions that need to be made. And that's your time to solely be in your business mode. Because having these conversation piece meals, dinner on a Saturday night, or a family's birthday party, or a holiday party, 26:22 It's not effective for your business. And one of the biggest, best practices and the most, one of the most important goals is to preserve your family relationships. Beautiful. You heard it here on the founder's sandbox to preserve family. Absolutely. Cause if you don't have family, do you have? That's right. 26:52 Family first. really important. It's really important. And sometimes business can get in the middle of family relationships. And it hurts to see that. It hurts to see business tear between brothers, tear between father and son. And I've seen those things in it. There needs to be just a second to breathe. Yes. 27:21 and realize that there are bigger things than business and that they need to be resolved, but they can only be resolved if you have a good relationship with your business partner slash your family. They're your biggest support. 27:37 This has been immensely actionable in terms of governance, the best practice you've seen in family offices. So thank you. Thank you for that. It's not often that I do have a lawyer that works in this arena. Although family businesses just in the LA ecosystem is 28:05 It's very predominant. very, very, you know, third, actually third and fourth generation now. So very relevant to your business and mine. Let's switch gears. You are, I believe, sitting on the board of directors or one of the committees of the Association of Corporate Growth. Yes. And tell us a bit what why what is the Association of Corporate Growth and what committees do you serve on? 28:35 And how do you further your business there? Thank you. The Association of Corporate Growth or ACG is a national organization for professionals in the M &A sphere. So you've got members that are VCs, investment bankers, M &A attorneys, wealth managers, insurance specialists. You sort of name it. Anybody that's 29:03 has some sort of involvement in the purchase or sale of a business or just surround sort of just general business governance that either prepare for an exit. You know, those are the kind of people that are members of ACG. And I got involved a few years ago. And I think three years now, I've been sitting on the Women's Committee, which is a 29:31 Fantastic. We schedule and create women-focused programming within the confines of the ACG organization and really promote networking amongst women. More and more, I have had clients that have requested that they only work with women. 29:58 You know, and this sort of goes back to what I was talking about earlier about being able to provide trustworthy referrals. And I've met some incredible, incredible women in connection with ACJ. In fact, our group kind of came out of ACJ. This is how I met you, Brenda. And so it's been a fantastic, fantastic network to be a part of. You know, I love planning the programming, our programming. 30:28 ranges everywhere from talking about the state of the market to balancing family and career and what that looks like and mental health. I think I hate calling out a distinction that we are women in business because I think a 30:57 A business person is a business person. I don't think it needs to be defined as such, but there is something to be said about the fact that women have a different set of challenges in the workplace than men do. And a lot of those stem from family life. And that needs to be balanced. And so there's a lot of programming that the women's committee puts on that sort of 31:26 talks about that and gears us in that direction and gives us tools to be successful and to strive in the face of everything else that women just have to deal with and take care of. That's for another episode here. Yes, very much so. Very much so, yes, as we all have balanced our careers and family priorities, right? 31:56 Let's switch gears. How do my listeners contact you? How's the best way? Well, so I'm at again, I'm at Greenberg Gloucester. We're in Century City. They can email me. It's a Steinberg at gg firm.com. And on our Greenberg Gloucester website, if you search people, I've got my whole bio and all of my contact information as well. Excellent. 32:25 Well, that will appear in the show notes. All right. So we're coming into the final part of this podcast in which I actually enjoy asking my guests what the meaning is of certain terms that I actually practice with my clients. I'm working with purpose-driven companies, resilience. We work on resilience tactics and scalable business is sustainable. So I always love the opportunity to hear 32:55 firsthand from my guess. What does purpose-driven mean to you, Purpose-driven means a mission that goes beyond profit. It taps into creating meaningful value for your customers, for your employees, for the community that you operate in. It's sort of about building a company that 33:25 that stands for something. And I'm very pleased to say that we have seen so many more companies start out of a purpose-driven goal. There's a bunch of old companies and new companies. There's a lot of companies that have this sort of one-for-one model. You buy one, we donate one. 33:52 There are socks companies, there are eyeglass companies, there are shoe companies, there are cleaning product companies that sort of have this as their motto. And then you see additionally, know, products and companies that are committed to the environment or sustainability and cleanup efforts. You know, that's really what purpose-driven 34:21 means to me is that these companies have a goal. They want to accomplish something more than what they can show on their balance sheet. consumers of that product are helping them achieve that. Excellent. Excellent. You've touched on even other aspects like sustainable growth, right? Yeah. Right. What is resilience? You've been particularly resilient. 34:49 You having a father like your father, building life skills early. would resilience, what's the meaning to you? 35:00 Resilience is about navigating challenges with adaptability and with determination. It's about learning from your setbacks instead of being defined by them, having them be a fire to your growth and having them be the galvanization of your progress forward. 35:30 You know, and in business, it also can be about the ability to pivot while staying aligned with your long-term goals, about the ability to, you know, okay, there's a new regulatory, new regulation that's gonna affect the way we operate. Okay, how are we gonna pivot to continue doing what we do, but still can stay in compliance? You know, that's really, 35:59 what it's all beyond your toes. Excellent. And you're scalable. I'd like you to kind of share the meaning within the context of scaling the legal practice. What have you found to be particularly challenging or easy to do? Right. And scaling, right. Because it's a very bespoke practice. Is there any important, right? Scaling is absolutely important. Okay. 36:28 In my practice and in my business, number one goal and the biggest galvanization point of scaling my practice are my clients, my current clients. If you do a good job for them, they'll continue to come back. 36:59 and they'll continue to give you more business. Creating a network. I watched my parents in their, both of their practices. All of our family friends at this point have at one point or another been a client of my mother's or of my father's. They've swapped clients, referred to each other. And these individuals either started as friends and became clients. 37:29 or became friends because they were clients. And that is the way that both of my parents have built their practice and their brands. And that's how I want to do it too. It's a value add when, attorneys are scary to begin with. Nobody wants to talk to an attorney. It's expensive. Half the time you have no idea what they're talking about. It's language. 37:57 You know, but if you create this relationship of trust and of loyalty and friendship and when you feel like your attorney sees beyond just you as a dollar figure or you as a business, it goes such a long way. And that's my main value add to my clients. And in turn, they help me scale. 38:22 my business, clients continue to come back to me and I'm able to continue to grow that because I can satisfy all of their needs with the network that I'm creating through places like ACG. You know, so that's, that's what I see is as scalable in my industry. It's extremely important. And it goes to the heart of how I practice law and how, how I guide and advise my clients. Beautiful. 38:52 Thank you. heard it here on the Founder's Sandbox. Last question, Alexa. Did you have fun in the sandbox today? Oh, it was so fun. Brenda, thank you so much for having me. This was fantastic. Thank you. So to my listeners, if you've enjoyed this monthly episode with Alexa Steinberg, counsel at Greenberg, Greenberg Gloucester, right? Greenberg Gloucester. Yep. I encourage you to 39:22 sign up, subscribe either on Apple Podcasts or Spotify. I'm on all main podcasts streaming services where my guests talk about how they felt resilient, scalable and purpose driven practices informed by their origin stories. You can find it here on the founder sandbox. Thank you and signing off for this month. Thank you, Alexa. Thank you. This was fantastic.
We are DELIGHTED to have Alana Cloud-Robinson on today to share her Thingies from her perfect, wood-paneled home (more on that, clearly). She's the author of the 831 Stories release Hardly Strangers, out tomorrow, and, wow, we can't wait for you to read this one. Alana's Thingies include shoulder pads, thrifting (see: The Council Shop!), her home in Century City, and Irish culture (shoutout to Fontaines D.C., and Say Nothing). Want more Alana? Check out The Artists Are Frightened, her premier collection of personal poetry. Also, a really important album that is (somehow) a follow-up to our milk.com conversation. What are *your* Thingies? Let us know at podcast@athingortwohq.com, @athingortwohq, our Geneva, or our Substack comments! Find some support with BetterHelp and take 10% off your first month with our link. Level-up your cleaning experience with Blueland and get 15% off your first order when you use our link. Fall in love with 831 Stories and take 15% off your order with the code ATHINGORTWO. YAY.
In this episode, Bryan Amaral sits down with Bené Eaton, the Chief Marketing Officer at FIGS, to explore the dynamic world of healthcare apparel innovation. FIGS has redefined medical uniforms with a mission to empower and celebrate healthcare professionals through high-quality, community-focused offerings. Bené shares insights on her journey leading FIGS' largest campaigns, including the recent collaboration with Team USA's medical team for the Paris Olympics. She delves into how FIGS' omni-channel strategy has reshaped the industry by blending a strong online presence with in-person community hubs designed to support and unite healthcare workers. Key Insights: - FIGS' Community-First Approach: Bené highlights FIGS' commitment to building a robust, inclusive community where healthcare professionals feel seen, supported, and celebrated. Through ambassador programs and local activations, FIGS fosters connections that extend beyond apparel. - Expanding with Purpose: From LA's Century City to Philadelphia's Rittenhouse Square, FIGS is creating spaces where healthcare workers can come together, access premium products, and engage in meaningful connections and events. - Innovation in Direct-to-Consumer Healthcare Apparel: Bené discusses FIGS' game-changing direct-to-consumer model, which transformed a fragmented industry by offering seamless, high-quality uniform shopping online, making it easier for busy professionals to find the best fit on their schedule. Ready to join the GRL community? Nominate yourself or another retail executive to join the community today: http://www.globalretailleaders.com
Galva Mayor Rich Volkert joined Wake Up Tri-Counties to recap the Monday, November 4, 2024, City Council Meeting. The meeting was brief so election officials could set up for Election Day on Tuesday, November 5th. The meeting started with a presentation from Kim Hoffman regarding the audit of the City of Galva's finances. The city has a new system for handling cash, which was the main concern of the auditor. The new accounting system allows more transparency in city finances. Mid-Century Fiber presented the City of Galva with plaques for being an up-to-date, 21st Century City.
Celebrity medium Tyler Henry joins the show. Over salads, Tyler tells me about when he discovered his ability to speak to the departed, his first celebrity client (psst, it's Sarah Paulson), and his new live Netflix show. This episode was recorded at Terra at Eataly in Century City, CA. Learn more about your ad choices. Visit podcastchoices.com/adchoices
In this episode of "Coffee & Crystals with Kadie," we dive deep into two powerful topics: redefining beauty and embracing movement as a form of therapy. First, Kadie reflects on a recent experience that made her question societal standards of beauty. After being given a checklist of beauty tasks to 'get a man,' she challenges the notion that our worth is only skin deep and explores the deeper qualities that truly make us beautiful.Later in the episode, Kadie shares her recent experience teaching a yoga and dance fusion class in Century City, LA. She discusses the profound impact that movement can have on our mental and emotional well-being, reminding us that movement isn't just exercise—it's a way to connect with ourselves, release stress, and celebrate our bodies. Whether it's through yoga, dance, or simply mindful breathing, Kadie encourages us all to make movement a part of our self-care routine.Tune in for a heartfelt conversation about self-worth, healing, and the transformative power of movement. If you're ready to embrace your true beauty and find peace through movement, this episode is for you.**Call to Action:** Don't forget to subscribe, leave a review, and share this episode with someone who could use a little extra self-love and movement in their life. Thank you for being a part of this journey with me!Email to collab: TheKadieWay@gmail.com
LIT - Chris is here- Sliwa is back from San Diego. Also, The MLB Trade deadline is coming to a close at 3pm. Will the Dodgers make any other moves? Chris talks about seeing Pete Rose everyday at an Italian joint in Century City. Have you been to Cilantro a Mexican restaurant inside a gas station? Chris also talks about D'Marco Farr inviting himself to a company event at a steakhouse when he is Vegan! and Jorge has his topics ready for HEY FOO DID YOU SEE? Learn more about your ad choices. Visit megaphone.fm/adchoices
Die Aartappels SA-kongres eindig vandag by die Century City-konferensiesentrum in Kaapstad. Die tweedaagse geleentheid wat verskeie onderwerpe regoor die waardeketting insluit. Namibiese verbruikers is afhanklik van Suid-Afrikaanse produsente en daar was weer uitdagings met erge koue in Limpopo. Gert Bester, voorsitter van Aartappels SA, sê daar is kommer.
Here's your local news for Monday, June 10, 2024:We share the latest on this weekend's trifecta of shootings,Recap the state Dems' convention in Milwaukee,Commemorate the Battle for Century City,Take a closer look at Hemingway's favorite cocktail,Review a new World War II documentary,Learn about a lesser-known kind of "storm-chaser,"And much more.
This episode is a replay of Episode 29 which originally aired on February 1, 2024. On this episode of French Insider, Erik Sloan, Chief Revenue Officer of Cboe Canada and the Global Head of Company Listings for Cboe Global Markets, joins host Andrew Bond to explore how Cboe operates a global network of securities and derivatives exchanges that help companies efficiently navigate global capital markets, including the factors that set the Cboe exchanges apart from other exchanges and the types of companies well-suited to list their securities on one or more of the exchanges in the Cboe network. What We Discussed In This Episode: What led you to Cboe Global Markets? What markets is Cboe in? Where might the exchange expand? What differentiates Cboe from country-based exchanges like Nasdaq or the NYSE? What value would Cboe bring to a French company considering public listings in both Europe and the United States? What types of companies do you feel are a good fit for the Cboe marketplace? How does the Cboe help companies navigate regulatory hurdles in various jurisdictions? After a French company is listed on Cboe in the United States, what is the procedure for expanding its listing to another foreign market? What would you consider Cboe's greatest successes so far? What have been Cboe's biggest challenges? What is your best advice for either a private company seeking to go public on Cboe exchange or a publicly traded company considering a move from another exchange? About Erik Sloane Erik Sloane has been with Cboe Canada since its inception and helped define and implement its foundational stock exchange and fund distribution platforms. He's since held several senior roles, including Head of Funds & Trading and Head of Product Management. As Chief Revenue Officer, he is currently responsible for driving growth by working closely with capital-raising companies, asset managers, sell-side firms, buy-side firms and other industry stakeholders. Erik launched his career at a global business and technology consultancy firm. Prior to joining Cboe Canada, he led project management at the Alpha Exchange, where he previously oversaw delivery of its core technology platform. He's also chaired several industry advisory groups instrumental in shaping Cboe Canada's strategy and currently serves on the Operations Committee of the Canadian ETF Association (CETFA). About Andrew Bond A partner in the Corporate Practice Group in Sheppard Mullin's Century City office, Andrew Bond has a broad-based securities practice. In addition to assisting clients with cross-border mergers and acquisitions and capital market transactions, he counsels Canadian clients on listing requirements for the NYSE, NASDAQ, and platforms operated by the OTC Markets Group. Andrew previously practiced in Canada, where he advised both U.S. and Canadian issuers on registered securities offerings, private placements, and Securities Exchange Act compliance. Contact Information Erik Sloane Andrew Bond Additional Resources Cboe Canada Thank you for listening! Don't forget to SUBSCRIBE to the show to receive every new episode delivered straight to your podcast player every week. If you enjoyed this episode, please help us get the word out about this podcast. Rate and Review this show in Apple Podcasts, Deezer, Amazon Music, Google Podcasts or Spotify. It helps other listeners find this show. This podcast is for informational and educational purposes only. It is not to be construed as legal advice specific to your circumstances. If you need help with any legal matter, be sure to consult with an attorney regarding your specific needs.
Diddy Seen ASSAULTING Cassie In Disturbing 2016 Video after Denying Incident, THEN Apologizes - Historian, Michael Imhotep on 'Roland Martin Unfiltered' 5-17-24 (WATCH VIDEO) https://www.youtube.com/watch?v=UwmIxKSj-PY&t=12s The surveillance footage, compiled from multiple camera angles dated March 5, 2016, appears to show the rapper, producer and business mogul during an incident that, according to Ventura's complaint, occurred at the now-closed InterContinental Hotel in Century City, Los Angeles. CNN verified the location based on publicly available photos of the former hotel's interior. Sean “Diddy” Combs apologized on Sunday, May 19th, 2024 for physically assaulting his then-girlfriend Cassie Ventura, two days after CNN published exclusive hotel surveillance video from 2016 in which Combs appeared to grab, shove, drag and kick her. REGISTER NOW: Next Classes are Sat. May 18th, 25th & June 1st 2024, 2pm EST, ‘Ancient Kemet (Egypt), The Moors & The Maafa: Understanding The Trans-Atlantic Slave Trade. REGISTER NOW & WATCH!!! (LIVE 10 Week Online Course) with Historian & Political Commentator, Michael Imhotep host of ‘The African History Network Show' and founder of The African History Network. Discounted Registration $60; ALL LIVE SESSIONS WILL BE RECORDED SO YOU CAN WATCH AT ANY TIME! WATCH CONTENT ON DEMAND! REGISTER for Full Course HERE $60: https://theahn.learnworlds.com/course/ancient-kemet-moors-maafa-transatlantic-slave-trade-winter-2024 or https://theafricanhistorynetwork.com/
This week we return to our series on the Planet of the Apes with the 4th film in the franchise...1972's Conquest of the Planet of the Apes. Special guest Zach Pappas joins us to discuss a film that is fraught with injustice, violence, and circuses. Star ratings help us build our audience! Please rate/review/subscribe to us on Spotify, Apple Podcasts or wherever you listen, and share us with your throughout all of Aperil! Email us at sequelrights@gmail.com with feedback or suggestions on future franchises! Special Guest: Zach Pappas.
Renowned nutritionist Oz Garcia joins host Paul F. Austin to share his journey from artistry to expertise, diving into the transformative power of fasting for health and longevity. Find episode links, summary, and transcript here: https://thethirdwave.co/podcast/episode-240-oz-garcia/ Oz shares insights on cultivating the right mindset and humility for a fulfilling life, drawing from personal experiences including ketamine therapy for PTSD and long COVID recovery. Oz and Paul delve into the profound intersections of nutrition, spirituality, and healing, exploring topics from sleep and trauma to the evolutionary advantages of altered consciousness. This conversation is a deep dive into holistic well-being and the integration of ancient wisdom with modern practices. Oz Garcia is recognized as an authority on healthy aging, age reversal, and fortifying the immune system. His client list includes A-List celebrities, Fortune 100 CEOs, and more recently, those dealing with Covid and Post-Covid health issues. Oz Garcia's unique and customized approach to nutrition, functional health, and self-optimization, combined with more than forty years of experience, have made him one of the most recognizable names in the industry. Oz Garcia has lectured worldwide and is known as a trailblazer in the study of nutrition, ensuring quality of life as we age, and learning to survive Covid by creating a strong immune system. Oz is the best selling author of five books: The Food Cure for Kids, The Balance, Look and Feel Fabulous Forever, Redesigning 50, and After Covid. He was twice voted best nutritionist by New York Magazine and is frequently called upon by some of the most respected names in medicine and media for his up -to-the-minute views on nutrition and its role in aging and longevity. Oz has served as a Nutritional Advisor for Equinox Fitness as well as a Wellness Partner at Fairmont Hotel Spa in Century City. Oz has been featured in Vogue, Elle, Travel and Leisure, W Magazine, Forbes and The New York Times. He has also made numerous television appearances, including on NBC's Today Show, CBS's This Morning, ABC's Good Morning America, 20/20, 48 Hours, Fox News and The View. Highlights: Experiences at Mindvalley and A-Fest Exploring the Human Potential Movement From artist to nutritionist Running as a spiritual practice The evolutionary basis of intermittent fasting Oz's journey into fasting and nutrition Understanding fasting types and protocols Mindset is everything The humility of being alive Healing trauma with ketamine and meditation The evolutionary benefits of altered consciousness The transformative power of illness Episode Sponsors: Neurohacker Collective: Use code THIRDWAVE for an additional 15% off Qualia Mind. The Coaching Certification Program by Third Wave's Psychedelic Coaching Institute.
From Chicago to San Francisco, office buildings continue to trade at astonishing discounts and reappraisals show value declines as high as 80 percent. But is there further left to fall? The Real Deal's Chicago Bureau Chief Sam Lounsberry and West Coast Bureau Chief Isabella Farr weigh in.
On this episode of French Insider, Erik Sloan, Chief Revenue Officer of Cboe Canada and the Global Head of Company Listings for Cboe Global Markets, joins host Andrew Bond to explore how Cboe operates a global network of securities and derivatives exchanges that help companies efficiently navigate global capital markets, including the factors that set the Cboe exchanges apart from other exchanges and the types of companies well-suited to list their securities on one or more of the exchanges in the Cboe network. What We Discussed In This Episode: What led you to Cboe Global Markets? What markets is Cboe in? Where might the exchange expand? What differentiates Cboe from country-based exchanges like Nasdaq or the NYSE? What value would Cboe bring to a French company considering public listings in both Europe and the United States? What types of companies do you feel are a good fit for the Cboe marketplace? How does the Cboe help companies navigate regulatory hurdles in various jurisdictions? After a French company is listed on Cboe in the United States, what is the procedure for expanding its listing to another foreign market? What would you consider Cboe's greatest successes so far? What have been Cboe's biggest challenges? What is your best advice for either a private company seeking to go public on Cboe exchange or a publicly traded company considering a move from another exchange? About Erik Sloane Erik Sloane has been with Cboe Canada since its inception and helped define and implement its foundational stock exchange and fund distribution platforms. He's since held several senior roles, including Head of Funds & Trading and Head of Product Management. As Chief Revenue Officer, he is currently responsible for driving growth by working closely with capital-raising companies, asset managers, sell-side firms, buy-side firms and other industry stakeholders. Erik launched his career at a global business and technology consultancy firm. Prior to joining Cboe Canada, he led project management at the Alpha Exchange, where he previously oversaw delivery of its core technology platform. He's also chaired several industry advisory groups instrumental in shaping Cboe Canada's strategy and currently serves on the Operations Committee of the Canadian ETF Association (CETFA). About Andrew Bond A partner in the Corporate Practice Group in Sheppard Mullin's Century City office, Andrew Bond has a broad-based securities practice. In addition to assisting clients with cross-border mergers and acquisitions and capital market transactions, he counsels Canadian clients on listing requirements for the NYSE, NASDAQ, and platforms operated by the OTC Markets Group. Andrew previously practiced in Canada, where he advised both U.S. and Canadian issuers on registered securities offerings, private placements, and Securities Exchange Act compliance. Contact Information Erik Sloane Andrew Bond Additional Resources Cboe Canada Thank you for listening! Don't forget to SUBSCRIBE to the show to receive every new episode delivered straight to your podcast player every week. If you enjoyed this episode, please help us get the word out about this podcast. Rate and Review this show in Apple Podcasts, Deezer, Amazon Music, Google Podcasts or Spotify. It helps other listeners find this show. This podcast is for informational and educational purposes only. It is not to be construed as legal advice specific to your circumstances. If you need help with any legal matter, be sure to consult with an attorney regarding your specific needs.
BONUS EPISODE! We had the privilege of having Pete Portal with us in our PM service at Century City. It was such an incredible service that we had to share it with all of you. So much of our world is upside down at the moment and it has started to confuse the boundary lines of our beliefs and where we stand as believers. We believe Pete shares important wisdom and truth to help us navigate our lives, to realign again and walk in truth.
Rich talked about going to San Jose for Samsung Unpacked to unveil the Galaxy S24 lineup.See the colors of the S24 Ultra here. Learn more about the phones here.Rich loves the new Google Circle to Search feature on Android phones, coming first to S24 series and Pixel 8 series on January 31 and later on the S23 series.Watch a demo of the Circle to Search feature.Terry in Seal Beach wants to know if his text messages will still come through even if he takes the SIM out of his phone.Rich mentioned that he loves a $15 product he found at CES called Gator Grip, which is basically a simple way to prop up your phone or tablet to watch videos and more.Ray Wong, tech reviewer at Inverse.com, will give his impressions of the new AI features on the Samsung Galaxy S24 lineupChar in Colorado Springs is having trouble transferring her phone number to a new phone.John in Temecula is having issues getting his new Samsung A15 phone to connect to his mobile extender that only supports 4G. Rich recommends switching to WiFi calling.A caller in Venice is wondering if you can sync Gmail across various apps. Rich recommends using the Gmail app to do this or making sure the account is setup as IMAP in the native email app on iPhone.We played the Dionne Warwick song Do You Know the Way to San Jose? Rich mentioned the restaurant to go to in San Jose is Original Joe's.Verizon is raising prices on older unlimited plans by $4 a month.Rich described what it's like to wear Apple's Vision Pro headset.Wall Street Journal's Joanna Stern will join to share her thoughts on trying on Apple Vision Pro for the fourth time.Gladon in Long Beach has Spectrum and wants to get Disney+ for free. Rich says sign up at Spectrum first and then follow the directions to link a Disney+ account.Marshall in Reseda wants to know if there is a good USB flash drive for his Samsung phone. Rich recommends models from SanDisk and PNY.The Dolphins vs Chief's playoff game aired exclusively on the streaming service Peacock and it was the most streamed event in history with over 23 million viewers.Katie in Century City wants to know if she can sign up for a new cellular provider but keep her old phone number from AT&T. Rich says yes, it's called a Port out, just be sure to get a PIN from AT&T first.Turns out, browsing the web in Google Chrome's Incognito mode isn't so private after all.Rich loves the Perplexity AI app and recommends downloading it.Dennis in Corona wants to know if his Verizon phone will work with T-Mobile service. Rich says to use the IMEI checker on T-Mobile's website to find out.TV reviewer Caleb Denison will share his top TV picks for Super Bowl Sunday.Meta will now nudge teens to close the app if they spend 10 minutes or more on Instagram on Reels or in DM's late at night.Wall Street Journal says there's a huge hidden cost to subscriptions.When Apple Vision pro launches, some prominent apps won't be on board.Wirecutter has new picks for the best Wi-Fi mesh networking systems.Consumer Reports says Facebook users are monitored by thousands of companies.Norton launches a new AI tool called Norton Genie to help you figure out if a text, email or social media post is a scam.55 - January 20, 2024Rich DeMuro talks tech news, tips, gadget reviews and conducts interviews in this weekly show.Airs 11 AM - 2 PM PT on KFI AM 640 and syndicated on stations nationwide through Premiere Networks.Stream live on the iHeartRadio App or subscribe to the podcast.Follow Rich on X, Instagram and Facebook.Call 1-888-RICH-101 (1-888-742-4101) to join in!Links may be affiliate.RichOnTech.tvRichOnTech.tv/wikiSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Today's guest is Michael Wiener. Michael Wiener, Partner at Greenberg Glusker in Los Angeles, focuses his practice on structuring real estate and corporate transactions in a tax-efficient manner and providing his clients with creative solutions to complex tax issues. Show summary: In this episode Michael Winer discusses various topics, including 1031 exchanges, California property tax, and partnership tax issues. Michael emphasizes the importance of consulting tax advisors early in the process and having a sophisticated team to handle all aspects of a transaction. He also shares his personal experience as an investor and the complexities of holding real estate through legal entities. The episode provides valuable insights into real estate transactions and tax implications. -------------------------------------------------------------- The 1031 Exchange Challenge (00:04:37) Understanding Taxable Boot (00:08:25) Complex Math in Tenancy in Common (00:09:42) The 11th Hour Panic (00:11:01) Consult Your Tax Advisors Early (00:14:34) Complexities of Partnerships and Separate Exchanges (00:18:59) Passive Investing and Syndication (00:22:00) Negotiating 1031 Exchange in Joint Venture Agreement (00:23:00) Challenges of Distributing Cash from 1031 Exchange (00:23:59) -------------------------------------------------------------- Connect with Michael: Linkedin: https://www.linkedin.com/in/michael-wiener-50a8a73/ Web: https://www.greenbergglusker.com/michael-wiener/insights/. Connect with Sam: I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns. Facebook: https://www.facebook.com/HowtoscaleCRE/ LinkedIn: https://www.linkedin.com/in/samwilsonhowtoscalecre/ Email me → sam@brickeninvestmentgroup.com SUBSCRIBE and LEAVE A RATING. Listen to How To Scale Commercial Real Estate Investing with Sam Wilson Apple Podcasts: https://podcasts.apple.com/us/podcast/how-to-scale-commercial-real-estate/id1539979234 Spotify: https://open.spotify.com/show/4m0NWYzSvznEIjRBFtCgEL?si=e10d8e039b99475f -------------------------------------------------------------- Want to read the full show notes of the episode? Check it out below: Michael Wiener (00:00:00) - You sell $20 million of real estate that has $10 million of equity. You need to purchase at least $20 million of real estate with at least $10 million of equity, because you also see, some people will say, hey, well, I purchased the $20 million of real estate. I got a $12 million loan, and I just cashed out $2 million. And yeah, no, you did. That's great. But. It's taxable boot. Intro (00:00:27) - Welcome to the how to Scale commercial real estate show. Whether you are an active or passive investor, we'll teach you how to scale your real estate investing business into something big. Sam Wilson (00:00:40) - Michael Winer, a partner at Greenberg in Los Angeles, focuses his practice on structuring real estate transactions in a tax efficient manner and providing his clients with creative solutions to complex tax issues. Michael, welcome to the show. Michael Wiener (00:00:54) - Thank you very much for having me, Sam. I'm really excited to be here. Sam Wilson (00:00:58) - Absolutely. The pleasure is mine. Michael. There are three questions I ask every guest who comes on the show in 90s or less. Sam Wilson (00:01:04) - Can you tell me where did you start? Where are you now? And how did you get there? Well. Michael Wiener (00:01:10) - About ten years ago, I had my own firm. I was, uh, or just starting my own firm, um, doing some 1031 work, I. Wound up, uh, seeing an ad on the internet. I don't even remember what I was searching for. For an attorney to join a tax boutique in Century City here in LA. So I responded to the ad. Turned out it was a 1031 exchange specialty, um, firm. And, you know, basically based on my practice and some of the clients I was doing work for, we knew a number of people in common. Um, so I wound up joining that firm. It was a four person firm. A few years later, that firm was acquired by a slightly larger firm, and then that firm was in turn acquired by a larger firm. Um, and throughout it, I have to say, I'm really grateful my, uh, my traditional client base stuck with me throughout all the, uh, throughout all the firm uprisings. Michael Wiener (00:02:15) - Um, and then from the larger firm, which was one of the largest firms in the world, um, I transitioned my practice with, uh, one of my partners and colleagues who have been with me since the, uh, since the smaller firm over here to Greenberg Luster, which was a, um, which was a better fit. I'd worked alongside Greenberg Lustgarten deals, both co-counsel and adverse for many years a phenomenal firm and, uh, and been here for about four and a half years. And I love every day of it. Sam Wilson (00:02:45) - That's cool. And it's 1031. What you still focus on primarily? Michael Wiener (00:02:51) - Um. Uh, I generally wind up dealing with tax issues related to the real estate industry, and obviously 1031 is a big part of that. The last, you know, four ish years, really, since 2018, qualified opportunity zones have, um, have become a bigger part of that. We also being here in California, we have to deal with prop 13, California property tax, um, and transfer tax issues and then also deal with um partnership partner, excuse me, partnership tax issues related to structuring um, joint ventures and and real estate investments. Michael Wiener (00:03:35) - Um, and that then extends its way out to sort of syndicated tenancies of common and, you know, different ways of investing in real estate and being able to take advantage of all of the wonderful tax benefits of doing so. Sam Wilson (00:03:51) - That gets really complicated really fast. For those of us that want to just go out and buy stuff and own and run real estate projects. You're a great complement to our to our team because the rest of us don't want to think about, you know, probably the things that you think about day in and day out, you know, specializing in this. I can only imagine. No, no, two days are the same would be my guess. Michael Wiener (00:04:14) - Oh, no, two days are the same at all. Um. Sam Wilson (00:04:18) - It's crazy. Michael Wiener (00:04:19) - Every day is a unique challenge, and every day is another opportunity to learn. So what are some things? Sam Wilson (00:04:27) - Let's talk. Let's talk. 1031 because you've touched on several things, and I know any one of these topics, we could probably burn the entire podcast, you know, going down that rabbit trail. Sam Wilson (00:04:37) - But let's let's stay on 1031, because I would imagine that for the bulk of our listeners, that's probably something that is applicable. What what are some common challenges and what are some common misconceptions, maybe that you run into when executing a 1031? Michael Wiener (00:04:55) - Well, the first thing that a lot of people forget about or just don't remember is that in addition to spending all of the money that you get from the sale of your relinquished property, you also have to replace your debt. Sam Wilson (00:05:13) - And. Michael Wiener (00:05:14) - You know, you see people from time to time who say, oh yeah, no, we completed our exchange. We sold a property for, you know, $20 million with $10 million of debt, about a $10 million, uh, property. This is very, let me say, very simplifying the facts. Fact pattern. Um. We bought a property with, um, with the $10 million. And, you know, we got this great deal. We only have to put $2 million, $3 million of debt on it. Michael Wiener (00:05:42) - And we, you know, you know, huzzah! We, uh, we completed our exchange, and it's well known. Yeah. I mean, yes, you did complete an exchange, but you're going to have to. And it's very important to remember that that gets, um, especially tricky in a, uh, uh, tenancy and common context where you have multiple exchanges. Um, investing people, completing multiple exchanges, investing in the same property. And they have to, um, and they have to, you know, satisfy their debt replacement requirements, especially if they had different leverage ratios on their, um, on their up leg. And can wind up with a situation where you may need to invest some fresh cash in order to to equalize it. Sam Wilson (00:06:34) - So let me let me see if if I can summarize what you said, you replace the one of the one of the things that's often overlooked is that you replace the debt and the equity. So if it's a $20 million property that you originally purchased and that was debt and equity, again, let's call it 10 million in debt and 10 million in equity. Sam Wilson (00:06:53) - And then you sell that, you harvest, let's call it it was a breakeven deal. You harvest that 10 million in equity. You can't go out and buy a $12 million property with 10 million in equity and 2 million in debt. Exactly. You got to replace that debt. Michael Wiener (00:07:07) - Well, you can you don't have to replace the debt per se, meaning you can add fresh cash. You have to go basically equal or up in value and equal or up in equity. Right. So, you know, if you you could put in $2 million of your own money, you know, not exchange cash or money that you raised from an investor and then just get an $8 million loan, and that's fine. But too many people overlook that, overlook that aspect of it. Sam Wilson (00:07:38) - And that that is not an aspect of that. I even understood until right now. So not just to many people, but myself as well. Uh, so yeah, that, that that's really it has to be equal or greater. Sam Wilson (00:07:49) - Price point. Intro (00:07:50) - Period. Exactly. Sam Wilson (00:07:51) - Then what you previously. Michael Wiener (00:07:53) - Just if you sell, you know, using our fact pattern, if you sell $20 million of real estate that has $10 million of equity, you need to purchase at least $20 million of real estate with at least $10 million of equity. Because you also see, some people will say, hey, well, I purchased the $20 million of real estate. I got a $12 million loan, and I just cashed out $2 million. And yeah, no, you did. That's great. But. It's taxable boot. Sam Wilson (00:08:25) - Right. And you call it boot b o o t. Michael Wiener (00:08:28) - B o o t is what the term is generally called. Sam Wilson (00:08:32) - Taxable boot. There's a new uh there's a new one. I'm going to put that in my newsletter. Michael Wiener (00:08:37) - That's yeah called um generally defined as sort of money or other non like kind of property that you receive in a 1031 exchange. Sam Wilson (00:08:48) - Right. And so you can do it, it's just you just have to know that whatever portion remains you're just going to get taxed on. Michael Wiener (00:08:54) - Exactly. Sam Wilson (00:08:55) - Right. Okay. And and maybe that's an acceptable, uh, you know, solution for some. You presented another wrinkle there that maybe um, just to again to, to hash it out again, you were talking about maybe, you know, let's use that $20 million example again. We'll see if I can if I can craft this correctly. But I sold that I owned it by myself. And then you sold another $20 million property. And together we were going to go in and buy a $40 million property. Right. But maybe your debt to equity ratio was different than mine was. And somehow you've got to get we can go in as tenants in common buying this now new $40 million property together both 1031 and into a bigger deal. But now we've got to figure out some sort of really complicated math as to how it's all got to work out. Michael Wiener (00:09:42) - Well, like, you know, let's say, you know, we're going to go in and buy a, you know, a $40 million property with 20 million of debt. Michael Wiener (00:09:50) - Um, and we're 50, 50 tenants in common. Right. But my. You know, leverage on my download property was, let's say it was very it was more highly leveraged. Let's say it was, you know, $15 million to just to take sort of an extreme example. Okay. When I go in. Um, to that, you know, $20 million property I have to figure out. Well, am I going to put in more cash? Um, if I do, I can put in cash to equalize it. Right. Uh, um, and, you know, that would be fine, but that requires me to come up with $5 million, you know, outside of, uh, you know, outside of the exchange, and, you know, maybe I can go shake the money tree or something, but, uh, you know, that's easier said than done. Sam Wilson (00:10:42) - Right. And so you help clients when they get into these situations where especially I mean, 1 or 2 is complicated, but I imagine 810 on a much even bigger property than that. Sam Wilson (00:10:51) - Yeah, it becomes a bit of a, uh, yeah, a bit of a process. You have some. Michael Wiener (00:10:55) - Uh, pretty extensive Excel schedules, let's put it that way. Sam Wilson (00:11:01) - Right? Sam Wilson (00:11:01) - I bet you do. I bet you do. And when and when people get into these situations, like, do you find that they come to you at the 11th hour going, oh, crud, we didn't think through this and now we need help. Is that pretty common that happens. Michael Wiener (00:11:16) - That's happened. Um, the you know, the good, the good clients, the, uh, the the clients who I've worked with for a long time, generally by now know to, uh, to get me involved early. But it is, let's just say, not uncommon for, uh, you know, people to come at the 11th hour. And, you know, we had one, you know, just. A year ago that I can think of where, you know, literally a week before closing, we had to restructure significantly the, uh, transaction. Michael Wiener (00:11:52) - Um, the client scheduled it or structured it without tax advice. Um. With three tenants and or they had tax advice but not 1031 advice with three tenants in common. And you know, one was just a fresh cash tenant in common not exchanging one one with one or I guess the other two were exchanging and. Basically I, you know, took a look at it and within three minutes I said, oh, you're going to have, you know, $7 million of boot of taxable boot based off of not replacing your debt. And what we had to do was we wound up having to combine the fresh cash non exchange tenant and tenant in common, make that part of the exchanging tenant in common and that using those those numbers allowed it to uh allowed it to work and to get them to satisfy all the requirements. But you're talking about org charts already haven't been given to, um, to a lender. You're talking about documents already having been drafted and signed and having to go back to people and saying, well, you know, you were going to invest because for the people who are investing in the what I'm going to call fresh cash tenant and common. Michael Wiener (00:13:15) - There are, you know, a set of expectations with regards to your depreciation and outside basis in your joint venture. And these are technical terms I know, but uh, but um, there are certain let's call it tax expectations that. You would expect to have when you are investing in, um, a non exchanging entity just in a straight real estate deal, in a straight real estate syndication. And those things change a bit when you're, uh, when you're coming into an entity, when you're coming into an existing partnership that is competing with 1031 exchange, there are different issues that you need to be mindful of. And and they can be worked out. But, you know, people need to be aware of them. And people need and, um, documents need to, you know, need to address them and reflect them. And, um, you know, doing all of that a week before closing is, you know, lots of fun. Uh. Sam Wilson (00:14:20) - So is that what they call it? Michael Wiener (00:14:22) - I would, um, I would strongly encourage people to, uh, to if you're doing a 1031 exchange, consult your tax advisors early. Sam Wilson (00:14:34) - Consult them early. Absolutely. Michael Wiener (00:14:35) - And especially early and early and often I would say. Right. Sam Wilson (00:14:40) - And I would think, you know, on a single property, single investor, it's pretty it's pretty cookie cutter. Michael Wiener (00:14:47) - Well, yeah, when. Sam Wilson (00:14:48) - You get into stuff like this, the complication factor just rises, uh, you know, dramatically. So that's, that's really, really interesting. And how, how do you feel like when you're going back and dealing with legal? Because I mean, at this point, I imagine in this particular scenario, talking about like you're getting legal on the phone, you're getting everybody on the phone to go back and start redrafting all of this paperwork and making appropriate changes. How how is that interaction with, I guess, on the on the legal side of things like, is that a complicated or is that or is that a sticking point for you guys in your business, where sometimes the legal side doesn't understand what you guys understand on the tax side? Or how does that, uh, how does that work out for you? Michael Wiener (00:15:29) - I mean, and that's an important, uh, an important point is that the clients need to have for these types of more, you know, sophisticated deals. Michael Wiener (00:15:39) - You need to have a sophisticated team all around. And that means, you know, both tax and legal. So, so that when, you know, we go and we tell the legal team, well, this is what needs to be in the operating agreement. Um, and we get it back for review. That's actually in the operating agreement. They understand what we mean. They understand what concepts we're talking about, and they know how to draft those provisions. Um, and, you know, if need be, then I will go in and, you know, draft those provisions or correct them as necessary. Um, you know, as, as tax attorneys, we still do a lot of drafting. Sam Wilson (00:16:21) - I bet you do. That's really cool. I love to hear the nuanced layers to things that are, I think, generally seen as pretty cut and dry, such as the 1031. It's generally like, oh, okay, well, we 1031, we bought one or we sold one, and then we bought another one and then we moved on down the line. Sam Wilson (00:16:36) - But there's always, always another layer to, uh, to what it is we're working on. And it sounds like you, you go many layers deeper than what many of us oftentimes see. So anything else on the 1031 front, we should really highlight here that, uh, are things that either people get wrong, should be preparing for earlier, or are misconceptions anything else you want to hit on that front? Michael Wiener (00:16:59) - Well, yeah. I mean, I think when people hold real estate through a legal entity, through an LLC, through a through a partnership, and if worse, through a corporation. Um, I'll get to that in a second. Uh, you need to people need to understand that it is that legal entity. It is the, you know, if you have a, um, so just by way of background, if you have a, a multi-member limited liability company, it is by default treated as a partnership for tax purposes. For tax purposes, if you have a single member LLC, it is by default treated as, um, treated as a disregarded entity for income tax purposes. Michael Wiener (00:17:42) - In either case, you can elect to have that entity treated as a corporation for income tax purposes. That's very rare in the real estate, uh, industry. Um, but occasionally you see it. Um, and but the important thing is that it's that entity that is doing the exchange. So you have a concept called the same taxpayer principle, which I know, um, has been discussed on your show before. Uh. Which says that the. The legal, the tax entity, the entity for tax purposes. The taxpayer that sold the download property needs to acquire the uploaded property. And where that becomes tricky is where you have partners who want to go their separate ways. You know, they had a good run on the last deal, but now they say, well. We, um. We want to. We don't want to be together on the next deal. So to take, you know, the exact one or riff off of the example we were using. You know, you and I are 50, 50 members of an LLC that is taxed as a partnership. Michael Wiener (00:18:59) - And, uh, we had a really good run, and we, you know, our our property did very well. And now we're going to sell it and say, okay, well what are we going to buy next? And, you know, I say, well, I want to go into industrial. You say, no, I want to go into multifamily or for any or, you know, occasionally you have people that just don't like each other. So I don't think that would happen with us. But, uh, um, uh, you know, for various reasons, there are any one of a number of reasons why, when they're selling the property, that people don't want to be committed to investing in the next property together and structuring those types of exchanges is very complicated. And it can be done. It can be done. There are several different structures and several different alternatives. Um, I can get into them if you'd like, but, uh, somewhat technical. Um. But that also requires consulting your tax advisors early and often. Sam Wilson (00:20:03) - Right? No, I can only. And maybe even isn't for reasons. You know, it's not like the partnership fell apart. Maybe you, Michael, just don't want to. You don't like the property that we're 1030 running into or. Michael Wiener (00:20:14) - Yeah, I mean. Exactly. Sam Wilson (00:20:15) - You want to do something else, like. Well, you know that that was fun. We had a great run, but I really don't want to move on with the next ones. And now we got to figure out a way to, uh, for, say, or in. Michael Wiener (00:20:24) - Some instances or in some instances, you know, let's say I had inherited my partnership interest in our thing and our LLC. And I say, well, because I inherited it, I have a stepped up tax basis. I'm not going to pay any tax on a sale. Right. I want to sell for cash. Right. Um hmm. Sam Wilson (00:20:44) - Yeah. And that opportunity to get that stepped up cash out basis isn't going to happen once you 1031 to the next property. Michael Wiener (00:20:52) - Exactly. Sam Wilson (00:20:53) - It's got to happen now, right? That's interesting. I hadn't thought about that. Michael Wiener (00:20:59) - I mean, so there are, you know, there are these situations which we deal with every day and there are about, you know, 20,000 different variations of these, uh, um, that we deal with every day. And, uh, and, um, you know, it's very, you know, it's very challenging. It requires a lot of cooperation. It's sort of like a, uh, you know, a three legged race, probably the ultimate three legged race you need to get, you know, you feel almost like a, uh, like a symphony, like conductor. You're like, okay, now I know you're doing this, now you're doing that. I know you're moving gear. Everybody needs to like, you know, move in concert. The documents. Um, and there are a lot of documents on these deals need to all be, you know, consistent. And then when it comes to filing the tax returns, tax returns need to be filed in a, uh, way. Sam Wilson (00:22:00) - I didn't even think about that. So there's. I'll give you an example. I was I was a passive investor in a. This is probably more relevant to our listeners in a syndication. I was a passive investor in a syndication, and the deal went full cycle in like, I don't know, 12, 14 months. I mean, it was it was great. Everybody doubled their money, loads of fun. And so they said, hey, you know what? We should we should 1031 this entire syndication into the next deal. Except there were some of us that were like, ah, you know, I don't need to I don't like the Nick. And I in my case, I was one of those people said, I don't want to like the next deal, and I don't want a 1031. And I was an investor through a retirement account into that syndication. So I really don't care if I. 1031 it's it's a zero tactical advantage or tax advantage to me. And so that was really interesting. Sam Wilson (00:22:50) - And again, I got to sit in the sidelines and kind of just watch it. You know, I just said, no, I don't want a 1031. And then of course, you know, I don't know the volumes of, of documents and paperwork and. Michael Wiener (00:23:00) - No, but you know, what winds up, you know, what winds up happening as well there there are a few practical, uh, you know, points there. Most indications the syndicator is not going to give you the option. Right. Sam Wilson (00:23:15) - They're going to say, you know, we are. Michael Wiener (00:23:16) - Going to, uh, you know, we are going to. 1031 if it's something that you think you may want to do or may want to have the right to. It's important to start talking about that early, early, early, early in the process. Um, uh, because then you can negotiate things into your joint venture agreement. That will allow that. And the challenge, um, is that, you know, once the money, once the cash from the sale goes into the 1031 exchange accommodation account, and, you know, to some extent even before then, it's really in a lockbox. Michael Wiener (00:23:59) - You can't use it to just, you know. I remember a one time appliance said, oh, and if we need more money for that, we'll just pull money out of the accommodate our accountant. I said, oh no, you won't. Sam Wilson (00:24:11) - Um. Michael Wiener (00:24:12) - Uh, first, most any accommodating that's, you know, really worth it won't let you. Right. Um. And even if they would. As your tax advisor, I wouldn't let you. Right. Sam Wilson (00:24:27) - Right. No. Sam Wilson (00:24:27) - Because then you negate all of the potential savings of even doing the 1031. Michael Wiener (00:24:33) - You would blow your 1031 exchange. So you have to come up with a way. And there are ways of, um. You know, generating that cash. Sometimes it's they find another person to come and buy you out, and that person is going to take your place in the partnership. Uh, sometimes there is a, uh, a, um, a strategy that's used where the exchange of commentator will issue in a, in installment note, a promissory note to the partnership that is doing the, uh, the 1031 exchange. Michael Wiener (00:25:10) - And the partnership can distribute that out to, um, to the investor that is being redeemed. If you're able to and you're able to do this on time, namely, before you really get into negotiating a purchase agreement, you can create a tenancy and common structure where the people who don't want to do their 1031 exchange get redeemed from the partnership in exchange for tenancy and common interest in the property. And they then sell the property, um, you know, in a taxable sale and, uh, and the, um, the people that are doing the exchange continue to just exchange. Sam Wilson (00:25:47) - And I'm pretty sure that was what happened. It's been a few years, so I don't remember the specifics of it, but I'm pretty sure I do remember seeing something about ticks in there and some other things. And. It all worked out really well. Uh, but it was it was certainly interesting to see from the sidelines. We got about 60s left here. Michael. And I did want to get your thoughts on this real estate held in a corporation. Sam Wilson (00:26:06) - You kind of gave a an indication that that was bad. Uh, break that one down for me if you can. Michael Wiener (00:26:13) - Well, so first, there are just obviously two types of corporations for tax purposes. There's a C corporation and an S corporation. A C corporation is taxed as a separate person. So it pays a tax. And then when it distributes money, the investors or shareholders pay tax on what's called a dividend or a distribution. Um, an s corporation, the uh, the, the tax flows through to the shareholder. So you might say, well, how is an s corporation different than a tax partnership. That's also a flow through entity. And there are two primary differences. And that are important when it comes to real estate. The first is that. In, uh, in a tax partnership, let's say you and I put in $1 million into an LLC, and the LLC borrows, you know, $8 million, and we buy a $10 million property. We have a $10 million between us. Michael Wiener (00:27:18) - Taxable basis each, a $5 million taxable basis. And we can take depreciation deductions on that for 5 million, including our share of the debt. If we were shareholders in an S corporation, we would not get basis for that share of the debt. So we would not be able to get deductions passed through to us on that 4 million, only on our 1 million. The second problem with corporations is that when you distribute appreciated property out of a corporation, it's treated as a taxable sale by that corporation. So these types of structures I'm talking about where people want to do different exchanges and create tenancy in common structures, or do or do anything that's really not possible with real estate held in a corporation. Because when you distribute that real estate out of the corporation, it's treated as though the corporation had a taxable sale of that real estate. Sam Wilson (00:28:18) - That is interesting. I wish we had more time to dig into that. I've got lots of questions on that front. Michael, it has been a pleasure having you on the show today. Sam Wilson (00:28:25) - If our listeners want to get in touch with you or learn more about you, what is the best way to do that? Michael Wiener (00:28:29) - Go to Greenberg, glasgow.com. Um, you can email me at M Weiner. Weiner at gofundme.com or um, you can find my phone number on the website. I apologize, I don't remember what it is off the top of my head. Sam Wilson (00:28:48) - No problem at all. We'll make sure we include all of that there in the show. Notes. Michael, thank you again for coming on today. I do appreciate it. Sam Wilson (00:28:54) - Absolutely. Thank you very much for having me. Sam Wilson (00:28:56) - Hey, thanks for listening to the How to Scale Commercial Real Estate podcast. If you can do me a favor and subscribe and leave us a review on Apple Podcasts, Spotify, Google Podcasts, whatever platform it is you use to listen. If you can do that for us, that would be a fantastic help to the show. It helps us both attract new listeners as well as rank higher on those directories. So appreciate you listening. Sam Wilson (00:29:18) - Thanks so much and hope to catch you on the next episode.
Larry Mantle and LAist film critics Christy Lemire, Peter Rainer and Charles Solomon review this weekend's new movie releases in theaters, streaming, and on demand platforms: “Poor Things” Select Theaters“RENAISSANCE: A Film by BEYONCE” Wide Release“Chicken Run: Dawn of the Nugget” Bay Theater [Pacific Palisades]|Streaming on Netflix December 15th“Concrete Utopia” In Select Theaters“Origin” AMC Century City 15 [Century City] for one week | Opens wider Jan. 2024“Fast Charlie” Laemmle Monica Film Center [Santa Monia]| Available on VOD“Diary of a Wimpy Kid Christmas: Cabin Fever” Streaming on Disney+“The Peasants” Laemmle Royal [West LA]“The Canterville Ghost” Available on VOD
Midge Murphy became an energy healer after a stellar career as a Hollywood entertainment lawyer for over a decade, working for the American Broadcasting Companies, 20th Century Fox, Columbia Pictures and Disney. She says she remembers sitting in her office in Century City, CA overlooking Beverly Hills and hearing in her head Peggy Lee's song “Is That All There Is?” Exploring spirituality and the emerging field of energy medicine with such luminaries as Norm Shealy, MD, PhD, and Caroline Myss, Midge became the first attorney to earn a PhD in energy medicine in 2001 and is now a champion for creating laws and regulations to protect consumers and practitioners alike.
John and Randy are LIVE at Gelsons in Century City!See omnystudio.com/listener for privacy information.
There's gotta be a better word for this... This week Nando, DJ, and Diggins go to visit the original depression filled hellscape, the Century City mall, and watch two movies about fashionable idiots who may have ruined the world, Oppenheimer and Barbie. They nitpick the bombs, the songs, and of course the portmanteaus.