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Sigmund Cos. is challenging the status quo in retail investment with alternative investment strategies that are delivering value. Institutional investors have been hard focused on core grocery-anchored shopping centers for years, but the retail market has attractive opportunities beyond those properties. Under the leadership of managing partner Wright Sigmund, The Sigmund Companies has focused on convenience- and necessity-based retail in edge markets and lifestyle centers in larger markets to deliver the same risk-adjusted returns. Sigmund was recently named a retail real estate influencer by GlobeSt.com for his pioneering strategies that deliver meaningful value in alternative and often overlooked retail assets. Sigmund sat down with GlobeSt.com to discuss investment opportunities in retail including: How to underwrite opportunities in necessity-based retail and lifestyle retail centers The importance of using tenant mix, lease-up and capital improvements to drive value at the property How the firm is using technology and AI to drive efficiency and remain competitive
The commercial real estate (CRE) industry is fervently adopting AI, but a balanced technology strategy is the key to ensuring its success. CRE companies are widely implementing AI solutions and other emerging technologies to bolster investment strategy and create valuable efficiencies in processes. But in this rapid adoption, commercial real estate companies must remember to balance governance and best practices with experimentation and innovation. Finding that balance will ensure a successful technology program, according to Damu Bashyam, EVP and Chief Information and Innovation Officer at Berkadia. Bashyam was recently named a GlobeSt. tech influencer, and he's led the launch of Berkie, Berkadia's proprietary generative AI platform. Bashyam sat down with us for an episode of GlobeSt.com's podcast to talk about technology adoption, including: - -How to turn IT into a strategic growth enabler - - What commercial real estate companies should do to advance technology programs this year - -Why creating a balanced technology strategy with best practices is crucial to a successful tech adoption
CRE companies are widely implementing AI solutions and other emerging technologies to bolster investment strategy and create valuable efficiencies in processes. But in this rapid adoption, commercial real estate companies must remember to balance governance and best practices with experimentation and innovation. Finding that balance will ensure a successful technology program, according to Damu Bashyam, EVP and Chief Information and Innovation Officer at Berkadia. Bashyam was recently named a GlobeSt. tech influencer, and he's led the launch of Berkie, Berkadia's proprietary generative AI platform. Bashyam sat down with us for an episode of GlobeSt.com's podcast to talk about technology adoption, including: How to turn IT into a strategic growth enabler What commercial real estate companies should do to advance technology programs this year Why creating a balanced technology strategy with best practices is crucial to a successful tech adoption
Retail tenant rep broker Tori Nook shares how she built Anchor Retail, closed $1B in deals, and what's driving Ohio's commercial real estate market. The Crexi Podcast connects commercial real estate (CRE) professionals with industry insights built for smart decision-making. In each episode, we explore the latest trends, innovations and opportunities shaping commercial real estate, because we believe knowledge should move at the speed of ambition and every conversation should empower professionals to act with greater clarity and confidence. Tori Nook has spent 26 years doing the work most brokers don't: driving unfamiliar markets, calling landlords who aren't listed anywhere, and building national rollout programs one relationship at a time. The result is over $1 billion in closed deals and a women-owned brokerage with offices in Cleveland and Columbus serving national credit tenants. In this episode, Tori joins host Shanti Ryle for a wide-ranging conversation covering her unconventional path into retail CRE, what it actually takes to succeed in tenant rep, why she was fired before starting her own firm, and what Ohio's tight retail market looks like from the ground right now. Welcome to The Crexi Podcast Tori Nook's bio and billion-dollar track record Fresh hall of fame news and finding time for life How a sophomore elective led to a CRE career Getting licensed at 19 and cycling through three brokerages The client who was impressed by a 24-hour callback Why tenant rep is not for the unorganized Get in the car: finding off-market deals no database can surface Cold calling into Dollar Tree and AutoZone rollouts Getting fired and launching Anchor Retail in the same breath Opening Columbus and co-founding Anchor Property Management Why Tori finally got on social media (and what it cost her not to sooner) The Houston dinner that turned into a major tenant rep account Why Tori doesn't cold call anymore — and hasn't had to Writing "Intuitive Certainty": business, spirituality, and ignoring the voice The difference between a boundary and fear in disguise Ohio's retail market: leased up, beverages booming, grocers arriving As-is deals, trimmed TI, and how tenants are staying competitive Where restaurants are struggling and why downtown hasn't recovered The Ohio pitch: low cost of living, high disposable income Rapid fire: $50M, bad advice, and a contrarian Midwest take About Tori Nook: Tori Nook is the Principal and Founder of Anchor Retail, a woman-owned brokerage firm specializing in tenant representation for national retailers and restaurants. With twenty-six years of experience, Tori has closed over $1 billion in deals and built long-term relationships with clients including AutoZone, Academy Sports, Dollar General, Signet Jewelers, PetSmart, Panera Bread, Wahlburgers, Bath & Body Works, Urban Air, Skechers, Sweetgreen, and Lands' End. Tori has been recognized as a Crain's Cleveland Business "Top 40 under 40," Notable Woman in Real Estate, and Notable Leader in Commercial Real Estate in Northeastern Ohio. She was awarded "The Mother of The Bread" by Panera Bread and named the #1 Tenant Rep broker in Columbus, Ohio, by TRADEWIRE Columbus in 2024. In the last few years, she was voted a "Top Woman Influencer" by CREi Summit (2025 & 2026), recognized as the #48 LinkedIn Influencer, and awarded GlobeSt 2025 Woman of Influence in Broker-Tenant Representation. Her book, Intuitive Certainty, releases in late 2026. A graduate of John Carroll University's Boler School of Business, Tori is licensed in Ohio and operates offices in Cleveland and Columbus. She serves on the board of Providence House, a crisis nursery in Cleveland, and is a member of the Realty Resources Network membership board and the International Council of Shopping Centers. For show notes, past guests, and more CRE content, please check out Crexi's blog.Looking to stay ahead in commercial real estate? Visit Crexi to explore properties, analyze markets, and connect with opportunities nationwide. Follow Crexi:https://www.crexi.com/ https://www.crexi.com/instagram https://www.crexi.com/facebook https://www.crexi.com/twitter https://www.crexi.com/linkedin https://www.youtube.com/crexi About Crexi:Crexi is reimagining commercial real estate with an AI-powered platform built to deliver smarter, more efficient solutions at every stage of the deal lifecycle. From real-time data and market insights with Crexi Intelligence, to targeted property marketing and seamless deal management through Crexi PRO, and a transparent, time-bound bidding experience with Crexi Auction— Crexi enables users to evaluate opportunities, maximize exposure, and close with speed and confidence. To date, Crexi has subsidized over $2.74 trillion in property value, 26 billion square feet listed, and supports a growing community of more than 23 million yearly users.
The healthcare sector has been navigating significant challenges, but Toby Scrivner of Northmarq is optimistic about 2026. The healthcare sector is in the middle of a challenging cycle. Meanwhile, a wave of consolidation and rising macroeconomic concerns made 2025 especially difficult for healthcare real estate strategy and investment. In this podcast, Toby Scrivner, SVP and director of the national healthcare group at Northmarq, unpacks it all. Scrivner was recently named a 2025 Top Healthcare Influencer by GlobeSt., and he has a storied reputation in the industry, completing more than 700 transactions. He takes us inside the healthcare sector to discuss: - -How healthcare consolidation is impacting real estate strategy - -Why a 40% increase in construction costs has increased occupancy costs for real estate and slowed transaction volumes - - What he believes will lead to optimism in the coming year
Jaime Sturgis made the trip down from the U.S. (Fort Lauderdale) armed with a bottle of Don Fulano tequila, to talk about how he became one of South Florida's neighborhood-makers. As Founder and CEO of Native Realty, Jaime has spent the last decade curating emerging districts, from Miami's Wynwood to Fort Lauderdale's Flagler Village, completing millions of square feet of transactions and setting multiple pricing records along the way.A triple-major FSU alum and a frequent voice in Forbes, The Wall Street Journal, GlobeSt, and more, Jaime has built a brokerage known for disrupting the traditional model and shaping the next generation of urban neighborhoods. In this episode, we get into his rise, some surf talk, his approach to placemaking, and where he sees South Florida's growth heading next. Connect with usWant to dive deeper into Miami's commercial real estate scene? It's our favorite topic and we're always up for a good conversation. Whether you're just exploring or already making big moves, feel free to reach out at info@builtworldadvisors.com or give us a call at 305.498.9410. Prefer to connect online? Find us on LinkedIn or Instagram - we're always open to expanding the conversation. Ben Hoffman: LinkedIn Felipe Azenha: LinkedIn We extend our sincere gratitude to Büro coworking space for generously granting us the opportunity to record all our podcasts at any of their 8 convenient locations across South Florida.
Host Kyle Macdonald and Neighborhood Ventures CEO Jamison Manwaring break down the latest Wall Street Journal and GlobeSt headlines—from rent cuts hitting Sun Belt cities to cap-rate volatility and the looming $3.3T wave of commercial loan maturities. They dive into: Why renters now have the upper hand in markets like Phoenix and Austin How heavy concessions and delayed lease-ups are reshaping multifamily economics What unpredictable cap rates and maturing debt mean for valuations Why smart operators are doubling down on fundamentals through 2026 This is your data-driven roadmap for navigating a flat-rent market and positioning for "Heaven in '27."
In this episode of the Kiss My Assets Podcast, Jamison Manwaring, CEO and Co-Founder of Neighborhood Ventures, breaks down two major reports — one from NMHC and another from GlobeSt — that reveal how the multifamily market is shifting in real time. After years of record construction and tough operating conditions, permits and completions are finally slowing, signaling fewer apartments coming to market in 2026–2027. At the same time, nearly $120 billion in multifamily loans are maturing within the next 18 months — many with debt-service-coverage ratios (DSCRs) below 1.20x, forcing some owners to sell or restructure. Jamison unpacks how this rare convergence of shrinking supply and financial stress could set the stage for the next great buying cycle in multifamily.
David Auerbach, Chief Investment Office at Hoya Capital, explains the potential of REITs and how they can fit into an investor's overall portfolio.The Crexi Podcast connects CRE professionals with industry insights built for smart decision-making. In each episode, we explore the latest trends, innovations and opportunities shaping commercial real estate, because we believe knowledge should move at the speed of ambition and every conversation should empower professionals to act with greater clarity and confidence. In this episode of The Crexi Podcast, host Shanti Ryle, Director of Content Marketing at Crexi, sits down as David shares insights from over 25 years of experience in the REIT industry. The conversation explores the evolution of REITs, and the essential role of rent in investment decisions. David also highlights the importance of dividends, REITs' resilience through market cycles, and the impact of technology on the industry. The episode explores the fundamentals of REITs, their significance for investors, and how Hoya Capital approaches its ETF strategy. Listeners gain a wealth of knowledge about the opportunities within the REIT space and what the future holds for commercial real estate investments.Meet David Auerbach: A REIT Industry VeteranDavid's Journey into the REIT SpaceEarly Career Challenges and LessonsThe Evolution of the REIT SectorBuilding Relationships and Trust in TradingThe Role of Technology and Social Media in TradingThe Importance of Compliance and CommunicationUnderstanding REIT Fundamentals and Market CyclesThe Impact of Technology on REITsObserving REIT Properties in Real TimeThe Critical Role of Rent in REIT ValuationsUnderstanding Lease Types and Rental Income StreamsThe Rise and Fall of Apartment NOI GrowthChallenges in Growing Rent with High OccupancyThe Importance of Market Rent KnowledgeThe Role of Technology in Real EstateSpecialization in Real Estate BrokerageThe Value of Deep Market KnowledgeData Sources for Different Real Estate SectorsThe Importance of Dividends in REITs About David Auerbach:David Auerbach has been in the REIT industry for almost 25 years and was most recently the former managing director of Armada ETF Advisors. He is the publisher of “The Daily REITBeat Newsletter”, a widely-followed industry publication that covers the publicly-traded REIT sector and is also a consultant with IR Concierge, LLC which is focused on corporate access in the REIT industry. David spent time working with World Equity Group in institutional securities trading and in December 2018, he departed Esposito Securities after 6½ years where he helped to build out the REIT/Real Estate platform with institutional investors and Equity REITs plus worked with ETF issuers on seeding, relationship building, and order execution.Prior to joining Esposito Securities, David spent 11 years at Green Street Advisors as a Vice President of Institutional Trading handling REIT order execution and sales trading on behalf of institutional clients, hedge funds, pension funds, and other investors. Before that, he worked at Financial Marketplace Inc. for 2 years as a retail investment adviser. He has been quoted by Bloomberg, WSJ, Financial Times, REIT.com, and GlobeSt.com among countless other real estate publications and has been a featured guest on such networks as Yahoo Finance, TD Ameritrade and Bloomberg TV. For show notes, past guests, and more CRE content, please check out Crexi's blog.Looking to stay ahead in commercial real estate? Visit Crexi to explore properties, analyze markets, and connect with opportunities nationwide. Follow Crexi:https://www.crexi.com/ https://www.crexi.com/instagram https://www.crexi.com/facebook https://www.crexi.com/twitter https://www.crexi.com/linkedin https://www.youtube.com/crexi
Berkadia's SVP, co-head of investment sales and a GlobeSt. Best Boss explains how teambuilding and culture have helped support significant gains in the firm's pipeline. Strong leadership is the cornerstone of a strong business, and Berkadia is proving it. Despite market challenges, the firm has seen total production volume go up 30% year over year. Mike Miner, SVP and co-head of investment sales and production operations at Berkadia, attributes the success to the firm's strong team and company culture. Miner recently won a Best Boss award from GlobeSt.com, and as a dedicated leader, he has recruited, trained and overseen a strong team. Now, that team is driving significant growth at the firm. In this podcast interview, we talked to Miner about the link between leadership and performance, discussing: Why an experienced team can better serve clients What's behind the firm's significant investment sales activity this year How the firm is investing in and integrating new technologies to stay ahead of the curve and maintain a competitive advantage
The C-PACE market is expanding rapidly. To keep up with demand, this GlobeSt. Best Boss is investing in the best professionals. The PACE Loan Group is in the midst of seeing a spike in demand for C-PACE financing, the clean-energy financing tool that the firm specializes in. To support the rapid market growth—which will likely go global soon—Rafi Golberstein, founder and CEO of the PACE Loan Group, is focused on recruiting top talent to scale his team and create a collaborative culture that can support demand. Golberstein was recently recognized by GlobeSt.com as a Best Boss for his commitment to his team of professionals and the positive company culture that he has created. Golberstein sat down for an interview with GlobeSt.com to talk about the award and growth in the C-PACE market. In the interview, Golberstein talks about: Why he has been team focused since founding the company What the lending pipeline for C-PACE in 2025 looks like How he is adapting his team alongside the growth in the market
What happens when a design firm makes philanthropy, teamwork, and innovation just as important as the projects themselves? In this episode, Blima Ehrentreu, founder and CEO of The Designers Group, shares her journey in the interior design industry, from launching her firm to leading a growing team across Toronto and New York. Blima opens up about her philosophy on leadership, community impact, and philanthropy, while also exploring how AI and smart technology are transforming the future of design. What sets Blima apart is her role as an activator—someone who sees gaps in the industry and creates initiatives to fill them. From TDG Gives Back to TDG Insider and the TDG Furniture Exchange, she's built programs that extend her firm's impact beyond design projects, addressing real needs in the community and industry. We also discuss how purposeful design enhances healthcare environments, the importance of teamwork in building a thriving creative culture, and the realities of managing a multi-location design firm. Blima reflects on leadership, resilience, and why she believes design should always have a greater purpose. Key Takeaways: Showing up and working hard every day is essential for success. Awards are a recognition of great work, not the end goal. Success comes with unseen challenges and perseverance. User-centered, purposeful design creates spaces that improve lives. Philanthropy is core to TDG, with initiatives like TDG Gives Back, TDG Insider, and TDG Furniture Exchange. Firm growth has been organic, driven by strong client relationships. Diverse teams enhance creativity and deliver stronger solutions. AI and technology streamline design processes and increase efficiency. Clear communication is key to managing clients and projects. Passion and resilience are vital traits for aspiring designers. About the Guest: As Founder and CEO of The Designers Group, Blima Ehrentreu leads an award-winning international interior design firm with offices in Toronto, New York, and Miami. Under her leadership, TDG has completed hundreds of projects across residential, commercial, healthcare, and hospitality sectors, earning recognition from Inc. Magazine, GlobeSt's Women of Influence, and Crain's Notable Leaders in Real Estate. Blima is also the driving force behind initiatives such as TDG Gives Back, TDG Insider, and TDG Furniture Exchange, reflecting her commitment to philanthropy, mentorship, and community impact. Known as an activator, she integrates AI, smart technology, and forward-thinking strategies into her work, positioning design as a tool for both innovation and positive change. Check out The Designers Group's website: www.thedesignersgroup.com Instagram: @thedesignersgroup LinkedIn: The Designers Group
This is the Women of Influence Podcast Series, delivering next level insights and expertise live from GlobeSt.'s Women of Influence Conference.The Women of Influence Podcast Series is an exclusive mini-series of The Crexi Podcast, an insider's look at all things commercial real estate, produced in collaboration with GlobeSt. The Crexi team visited Women of Influence and recorded in Denver, Colorado, from the floor of the conference, highlighting movers and shakers in commercial real estate. The Crexi Podcast explores various aspects of the commercial real estate industry in conversation with some of the top professionals in the space. In each episode, we feature different guests to tap into their wealth of CRE expertise and explore the latest trends and updates from the world of commercial real estate. In this episode, host Shanti Ryle, Director of Content Marketing at Crexi, sits with several keynote speakers from the conference, to cover wide-ranging topics, including:Breaking In – Nontraditional Paths to CRECarving Your NicheOvercoming Challenges Opening Doors – Mentorship & LegacyWhy Women Should Get into CRE NowFeaturing special guests:Marcy Moneypenny, Founder of The Moneypenny CollectiveJudy Cazeau, CEO & Managing Principal, The OPAC GroupDaria Walker, Founder, Walker Realty CapitalJessica Miller, Founder, Rock Spring Real Estate SolutionsLeanne Berthiaume, VP of Leasing and Operations, Rock Spring Real Estate SolutionsSuzanne Schefcik, SVP, Colliers About GlobeSt. Women of Influence: The Women of Influence Conference is an exclusive two-day event that celebrates the women who drive the commercial real estate industry forward. These influential leaders will discuss the critical issues facing CRE now and in the future, what it means to be a woman in business today and how women CRE leaders can uplift and support each other on their journey to the top. For show notes, past guests, and more CRE content, please check out Crexi's blog. Ready to find your next CRE property? Visit Crexi and immediately browse 500,000+ available commercial properties for sale and lease. Follow Crexi:https://www.crexi.com/ https://www.crexi.com/instagram https://www.crexi.com/facebook https://www.crexi.com/twitter https://www.crexi.com/linkedin https://www.youtube.com/crexi
GlobeSt.com Industrial Influencer Anthony Scavo talks about how his firm is finding success focusing on multi-tenant facilities in this exclusive podcast episode. Not every industrial facility is a big, sprawling Amazon warehouse. The industrial market is as diversified as any other asset class, and although large-format warehouses made the industrial market the darling of commercial real estate, the more niche property types are giving it stability. Anthony Scavo, the managing partner of Basis Industrial and a 2025 Globest.com Industrial Influencer Award winner, talks about the firm's commitment to multi-tenant industrial facilities on this episode of GlobeSt.'s Influencers podcast. Scavo talks about: ● Multi-tenant industrial facilities offering diversification; ● The benefits of buying in secondary markets and below replacement costs; ● How tariffs could help increase demand in multi-tenant properties; and ● Navigating through emerging challenges, like economic uncertainty, and offering flexible lease terms to tenants.
Jeff DeBoer is the founding President and CEO of The Real Estate Roundtable. He has been at the forefront of national policy affecting the real estate industry for the past 40 years. The Real Estate Roundtable represents the leadership of the nation's top 150 privately owned and publicly-held real estate ownership, development, lending and management firms, as well as the elected leaders of the 18 major national real estate industry trade associations. Roundtable member portfolios contain over 12 billion square feet of office, retail and industrial properties valued at nearly $4 trillion; over 5 million apartment units; and in excess of 6 million hotel rooms. The 18 national trade associations participating with the Roundtable represent more than 3 million people directly employed in the real estate industry. Mr. DeBoer also chairs the National Real Estate Organizations, a 17 member real estate trade association coalition focused on industry communication, advocacy and diversity efforts as well as the Real Estate Industry Information Sharing and Analysis Center (RE-ISAC), an organization dedicated to enhancing communication between the industry and federal policymakers on terrorism threats, building security, and major incident reporting. He is a founding member of the steering committee of the Coalition to Insure Against Terrorism (CIAT) and for several years he co-chaired the Advisory Board of the RAND Corporation's Center for Terrorism Risk Management Policy. Mr. DeBoer previously served on the Advisory Board of Washington DC's Smithsonian National Zoological Park and Conservation Biology Institute. Mr. DeBoer has discussed real estate and economic policy issues numerous times in Congressional testimony as well as on FOX News, Bloomberg Television, MSNBC and CNBC; and his editorials have been published in the Wall Street Journal and USA Today. In 2010, Globest.com named Mr. DeBoer a “top 10 Industry Newsmaker of the Decade”; in 2013 Commercial Property Executive named him one of the “30 most influential people in real estate”; in 2016 Real Estate Forum honored him as the “Voice of the Industry” and one of the nation's top CRE bosses; in 2017 Washington Life Magazine included Mr. DeBoer in its “Power 100” list of Washington DC's most influential unelected, non-governmental people; and since 2017, The Hill has placed Mr. DeBoer on its annual list of the top lobbyists in Washington DC, a list it called: “the players at the top of their game, known for their ability to successfully navigate the byzantine and competitive world of federal policymaking.” In 2024, in recognition of his positive influence on national public policy, Commercial Property Executive presented Mr. DeBoer with its Lifetime Achievement award. Mr. DeBoer earned degrees from Washington and Lee University School of Law (JD) and Yankton College (BA).
Jenalyn Gardner shares how GlobeSt's Women of Influence is driving CRE dealmaking, tech adoption, and visibility for women leaders across the industry.**Hey Crexi listeners - we're partnering with GlobeSt to offer $200 off the registration fee for the Women of Influence conference in beautiful Denver, Colorado. Don't miss out on 2 days of expert panels, exciting conversations, and connecting with top industry professionals. For more information, and to get $200 off your registration fee, visit their event page and enter the code CREXIPOD200. **The Crexi Podcast explores various aspects of the commercial real estate industry in conversation with top CRE professionals. In each episode, we feature different guests to tap into their wealth of CRE expertise and explore the latest trends and updates from the world of commercial real estate. In this episode of the Crexi Podcast, host Shanti Ryle sits down with Jenalyn Gardner, the Director of Programming for GlobeSt Real Estate, to delve into the world of commercial real estate and the successful Women of Influence program. Jenalyn shares her journey from the newsroom to shaping content for GlobeSt events, emphasizing the importance of relationships and mentorship in her career. The discussion explores how the Women of Influence initiative empowers women, fosters deal-making, and addresses the unique challenges women face in the industry. Jenalyn also highlights the growing integration of technology in CRE, providing insights into where the most opportunities lie in the current market landscape. Tune in for an inspiring conversation on breaking barriers, building robust networks, and driving impactful changes in commercial real estate.Introduction to the Crexi PodcastMeet Jenalyn Gardner: Director of Programming at GlobeStJenalyn's Career Journey and AchievementsThe Importance of Commercial Real EstateBuilding Expertise and Relationships in CREWomen of Influence: Concept and ChallengesThe Evolution and Impact of Women of Influence EventsThe Role of Technology and Networking in CREHighlighting Success Stories and Future GoalsBuilding a Year-Round CommunityLeveraging AI for Fast Content CreationExpanding Platforms and Social Media PresenceHighlighting Women of Influence Through PodcastsEncouraging Women to Share Their StoriesWomen of Influence Miniseries and EventsImpact of Women of Influence on Deal MakingOpportunities for Women in Commercial Real EstateThe Role of Technology in Real EstateMultifamily and Healthcare as Safe Investments About Jenalyn Gardner:Jena Gardner is the Director of Programming for GlobeSt Real Estate. She leads the strategy and development of all content related to GlobeSt Real Estate events. In her role as Director of programming, Jena has executed some of the portfolio's most successful events, streamlined messaging across media channels, and developed an unparalleled brand identity, making the GlobeSt brand the epicenter of industry dealmaking across the commercial real estate events and information space. A frequent contributor to GlobeSt.com, Jena works closely with the editorial staff to uphold the content integrity of GlobeSt. Her “in the trenches” approach to subject matter research has led to powerful industry relationships with some of commercial real estate's top decision makers and thought leaders. Jena also leads the strategy and development of all things Women of Influence, including the launch of the exclusive Women of Influence social media platform The Hive, year round Women of Influence mini-series events, and the leader of the influential Women of Influence Advisory Board – who together – are working to transform the the commercial real estate industry by elevating women to positions of power. Jena started her career in the newsroom, as an editor and content strategist for PRNewswire. She pivoted into the world of corporate events after inheriting the print and packaging portfolio at Smithers Information, where she spearheaded the company's most successful and influential event, Sustainability in Packaging. She also launched the second and third most successful events, Packaging for Ecommerce and Smart Packaging. A graduate of the University of Akron with a Bachelor in Business Communications, Jena lives with her husband and two sons in Akron, OH. In her free time, she loves a good book, quality family and girlfriend time, and some not-so-good quality… reality television. If you enjoyed this episode, please subscribe to our newsletter and enjoy the next podcast delivered straight to your inbox. For show notes, past guests, and more CRE content, please check out Crexi's blog. Ready to find your next CRE property? Visit Crexi and immediately browse 500,000+ available commercial properties for sale and lease. Follow Crexi:https://www.crexi.com/ https://www.crexi.com/instagram https://www.crexi.com/facebook https://www.crexi.com/twitter https://www.crexi.com/linkedin https://www.youtube.com/crexi
Despite shifting fundamentals and increasing economic uncertainty, Gordon Whiting of TPG Angelo Gordon says that net lease assets are providing downside protection. Tariffs, interest rates, and a volatile stock market are weakening commercial real estate investment sentiment and pushing capital back to the sidelines—but net lease assets are the silver lining. Gordon Whiting, founder and co-portfolio manager of TPG Angelo Gordon's net lease strategy and a recent recipient of GlobeSt.com's Influencers of Net Lease award, has an optimistic outlook on net lease investment opportunity this year. Whiting sat down to talk about the net lease investment market. In the interview, he explains: ● How the macroeconomic environment could affect net lease asset performance and investment ● Opportunity for sale-lease back deals as companies look to monetize real estate assets ● Why he is optimistic about net lease activity (and interest rates) in the second half of the year
At the start of 2025, the multifamily sector encountered significant market volatility due to the transition to a new presidential administration. While the broad tariffs implemented in early April have intensified economic uncertainty, Berkadia sees several promising signs on the horizon. In this episode of GlobeSt.com's Thought Leadership podcast series, we delve into the evolving multifamily financing landscape with Josh Bodin, Senior Vice President of Securities Trading at Berkadia. Bodin sits down with contributor Ilana Polyak to talk about Berkadia's bullish multi-year outlook and details of what's behind his optimism. The conversation explores: ● How tariffs are shifting inflation forecasts and the Fed's rate-cutting strategy ● Why declining construction starts, improving fundamentals, and the single-family housing affordability crisis are creating a compelling multi-year bull case for multifamily ● The strong debt financing environment with GSEs, private debt funds, banks, and life insurance companies all participating ● How market stability—rather than specific interest rate levels—drives transaction volume in commercial real estate *The podcast was recorded on April 4, 2025.
The Green Impact Report Quick take: Award-winning designer Blima Ehrentreu shares how thoughtful interior design creates spaces that enhance lives while minimizing environmental impact, revolutionizing healthcare experiences and community-focused projects through human-centered approaches. Meet Your Fellow Sustainability Champion As the Founder and CEO of The Designers Group, Blima Ehrentreu combines her creativity and talent to reform the design industry. Her passion for empowering women, giving back to the community, and championing women in the workforce earned her a spot on Globest's Women of Influence in 2020 & 2022. The Designers Group's diverse project portfolio spans the residential and commercial sectors, and Inc. Magazine ranked The Designers Group no.15 among the top fastest-growing private companies in the New York Metro Area in 2021. Blima's journey began in Toronto, where she pursued a master's in interior architecture and design while simultaneously working at an architectural firm to understand the technical aspects of building construction. Inspired by watching her family's home transformation as a child, she developed a passion for the construction industry. Starting with another female designer on a few projects, she grew The Designers Group into a multi-office operation with locations in New York, Miami, and Canada. Today, the firm specializes in high-end interior spaces for commercial, residential, and healthcare portfolios throughout the US and Canada.
Tremont Realty Capital says the middle market represents one of the largest segments of the commercial real estate sector, yet it can often be overlooked. It is this segment of the market that The RMR Group's Tremont Realty Capital, however, sees significant opportunities. Tom Lorenzini, SVP of Tremont Realty Capital, says the firm would rather have a deep portfolio of smaller loans than a smaller portfolio of larger loans for better diversification and risk management. In this episode of GlobeSt.com's podcast, Lorenzini spoke about the current lending market and the firm's lending strategy. He discusses: Tremont Realty Capital's unique structure and how it leverages The RMR Group's scale. Why the middle market, which Tremont defines as assets having values in the $25 million to $100 million range, may be the sweet spot for lending activity. Why no commercial asset class—even office—is off the table this year.
In a recently released report by GlobeSt, Vesta Capital CEO Marc Kulick discussed the opportunities and challenges that the multifamily market will face in 2025. Check out the full interview at https://www.globest.com/2025/03/12/where-opportunities-lie-in-the-multifamily-market/?slreturn=20250314155948 Vesta Capital City: Tulsa Address: 6911 S 66th E Ave Website: https://www.vestarealproperty.com/
How could the property market change in 2025? Vesta Capital CEO Marc Kulick recently sat down with GlobeSt to explore that topic, and more. Read the interview at https://www.globest.com/2025/02/19/is-2025-the-end-of-extend-and-pretend/?slreturn=20250310134155 Vesta Capital City: Tulsa Address: 6911 S 66th E Ave Website: https://www.vestarealproperty.com/
Many commercial real estate owners are pursuing C-PACE as a construction financing solution for its accretive benefits. While the program has been around for more than 15 years, C-PACE financing has gained popularity in recent years. According to the C-PACE Alliance, the C-PACE market reached nearly $10 billion as of the end of 2024. Nuveen Green Capital was responsible for close to half of all C-PACE originations in 2024. We sat down with Jessica Bailey, president and CEO of Nuveen Green Capital, who was recently named a 2025 Rainmaker in CRE Debt, Equity and Finance by GlobeSt.com, to take a closer look at C-PACE financing and its benefits for borrowers. In the conversation, we discuss: C-PACE's appeal and flexibility for a variety of projects and the innovative ways it can be structured, Why owners shouldn't be concerned that C-PACE attaches to the property's tax bill, How C-PACE can be used for resiliency projects to help mitigate climate risk, and Where C-PACE financing is expanding and an outlook on the future.
Join Kyle Matthews on the Matthews Mentality Podcast as he welcomes Jonathan Schein, the founder and CEO of Real Estate Limited Partner Institute (RELPI). Jonathan shares his journey from being diagnosed with non-Hodgkin lymphoma to pioneering the online real estate news platform GlobeSt.com. They discuss the evolving landscape of real estate, the tenacity required in business, and the transformative power of stand-up comedy. This episode is packed with insightful conversations on overcoming adversity, professional growth, and the importance of resilience.
This is the Women of Influence Podcast Series, delivering next level insights and expertise live from GlobeSt's Multifamily Fall 2024 Event.The Women of Influence Podcast Series is an exclusive mini-series of The Crexi Podcast, an insider's look at all things commercial real estate, produced in collaboration with GlobeSt. The Crexi team visited GlobeSt.'s Multifamily Fall Event in Los Angeles, CA, and recorded interviews from the floor of the conference, highlighting movers and shakers in commercial real estate. The Crexi Podcast explores various aspects of the commercial real estate industry in conversation with some of the top professionals in the space. In each episode, we feature different guests to tap into their wealth of CRE expertise and explore the latest trends and updates from the world of commercial real estate. Hosted by Ashley Kobovitch, this episode highlights conversations with influential women in the commercial real estate sector, including Emily Ramey, Ina Montejo, and Kristen Croxton. The guests discuss their career journeys, lessons learned, trends in the multifamily space, and advice for young women entering the industry. They also touch on the importance of mentorship, creative financing tools like CPACE, and emerging trends in affordable housing and office space conversions. 00:00 Introduction to The Crexi Podcast00:32 Meet Emily Ramey: A Journey in Renewable Energy and Finance01:35 Emily's Career Insights and Lessons Learned04:13 Current Trends in Multifamily and Commercial Real Estate06:17 Future Outlook and Advice for Young Professionals10:09 Introduction to Ina Montejo11:00 Ina's Career Path and Achievements13:24 Trends and Innovations in Multifamily and CRE17:14 Advice for Young Professionals from Ina 19:51 Introduction to Kristen Croxton22:21 Kristen's Career Journey and Key Lessons24:07 Trends and Future Outlook in Multifamily and CRE25:30 Opportunities and Advice for Women in CRE27:16 Kristen's Future Goals and Parting Advice29:12 Conclusion and How to Connect About the Speakers:Emily Ramey, Vice President at GreenRock Capital, has nearly a decade of experience in PACE finance, with expertise in commercial real estate finance, program oversight, and government affairs. She began her career in renewable energy before transitioning to marketing and business development in the energy sector. Emily holds an MS and BS in applied arts and sciences from SFSU and SDSU, with international study in Australia and New Zealand.Ina Montejo, Assistant Vice President at PACE Loan Group, specializes in loan origination, underwriting, and closing. She previously held roles at Twain Financial Partners, MG Properties, and Swift Real Estate Partners. Active in the industry, she chairs CREW San Diego's Emerging Leaders and is a member of ULI and NAIOP San Diego. Ina graduated Magna Cum Laude with a BBA in Marketing and Real Estate from the University of San Diego.Kristen Croxton, Principle at Arcus Harbor Real Estate Capital, has nearly 30 years of experience in commercial real estate finance, specializing in multifamily acquisitions and refinancings. She and her partners have originated over $20 billion in multifamily loans since 2005, with an exclusive agreement with Lument for agency and balance sheet debt. Previously a senior vice president at Capital One Multifamily, she is an active industry leader, serving on the CREW Orange County advisory board and co-chairing CREW Network's Multifamily Council. Kristen holds a BBA in finance from James Madison University. About GlobeSt. Women of Influence: The Women of Influence Conference is an exclusive two-day event that celebrates the women who drive the commercial real estate industry forward. These influential leaders will discuss the critical issues facing CRE now and in the future, what it means to be a woman in business today and how women CRE leaders can uplift and support each other on their journey to the top. If you enjoyed this episode, please subscribe to our newsletter and enjoy the next podcast delivered straight to your inbox. For show notes, past guests, and more CRE content, please check out Crexi's blog. Ready to find your next CRE property? Visit Crexi and immediately browse 500,000+ available commercial properties for sale and lease. Follow Crexi:https://www.crexi.com/ https://www.crexi.com/instagram https://www.crexi.com/facebook https://www.crexi.com/twitter https://www.crexi.com/linkedin https://www.youtube.com/crexi
This is the Women of Influence Podcast Series, delivering next level insights and expertise live from GlobeSt's Multifamily Fall 2024 Event.The Women of Influence Podcast Series is an exclusive mini-series of The Crexi Podcast, an insider's look at all things commercial real estate, produced in collaboration with GlobeSt. The Crexi team visited GlobeSt.'s Multifamily Fall Event in Los Angeles, CA, and recorded interviews from the floor of the conference, highlighting movers and shakers in commercial real estate. The Crexi Podcast explores various aspects of the commercial real estate industry in conversation with some of the top professionals in the space. In each episode, we feature different guests to tap into their wealth of CRE expertise and explore the latest trends and updates from the world of commercial real estate. The podcast includes interviews with Kitty Wallace, Vice Chair at Colliers, Claire Johnston, CEO of LendLease Americas, Natalie Greenberg, COO of MJW Investments, and Laurie Morphin, Senior Managing Director at NewPoint Real Estate Capital. Each guest shares their journey into commercial real estate, discusses current market trends, the impact of legislation, the influence of technology on the industry, and their predictions for the future. Knowledge, preparation, and adaptability are emphasized as keys to success in the ever-evolving multifamily and commercial real estate sectors. 00:00 Introduction to The Crexi Podcast00:30 Meet Kitty Wallace: Multifamily Real Estate Expert01:22 Kitty Wallace's Career Journey06:37 Insights on Multifamily Market Trends11:21 Advice for Investors and Brokers13:25 Contact Information and Closing Remarks14:08 Introduction to Claire Johnston16:55 Claire Johnston's Background and Career18:29 Future of Multifamily Real Estate20:29 Emerging Trends in Multifamily Investments20:59 Building Sustainable Communities21:28 Connecting with Claire Johnston22:14 Introducing Natalie Greenberg24:19 Natalie's Journey in Real Estate25:33 Current Trends in Multifamily Real Estate28:17 Advancements in Technology in Real Estate30:29 Predictions for the Future32:48 Mentorship and Networking34:09 Introducing Laurie Morfin35:21 Laurie's Career Path37:36 Current Market Insights40:51 How Tech Will Shift the Multifamily Sector42:33 Closing Remarks and Contact Information About the Speakers:Kitty Wallace is Colliers' #1 internationally ranked multifamily broker, with over 800 transactions totaling $3 billion across the Western U.S., particularly in Southern California. Recognized as an industry leader, she has earned multiple accolades, including the Colliers Everest Award every year since 2010 and several other honors. A sought-after expert, Kitty frequently contributes to top publications and speaks at major real estate conferences while actively mentoring and serving on industry boards like USC Lusk Center and the National Multifamily Housing Council.Claire Johnston, CEO of Lendlease Americas, brings over 26 years of experience in real estate and investment management, overseeing all aspects of the company's regional operations. Previously, she led major projects, including Google Development Ventures' master plans in the Bay Area and Lendlease's military housing portfolio of 40,000+ units. A strong advocate for Diversity, Equity & Inclusion, Claire was named to Globe St. Real Estate Forum's Women of Influence list and recognized by the San Francisco Business Times as one of its Most Influential Women.Natalie Greenberg, Chief Operating Officer at MJW Investments, oversees strategy execution and key business functions, including acquisitions, asset management, and capital markets. Previously, she helped nearly triple Entrada Partners' portfolio as Senior Vice President and held leadership roles at Rexford Industrial, Colony Capital, and Wells Fargo. Active in the industry, she serves as President of the UCLA Real Estate Alumni Group and is a member of ULI's Multifamily Council.Laurie Morfin, Senior Managing Director at NewPoint, specializes in financing solutions for multifamily and commercial real estate investors, leveraging capital from Fannie Mae, Freddie Mac, FHA/HUD, and other sources. With over 25 years in commercial real estate finance, she has originated more than $3 billion and previously held leadership roles at Bellwether Enterprise, PGIM Real Estate, Wells Fargo, and Nationwide Insurance. She earned a Bachelor of Science in Finance from Indiana University's Kelley School of Business.About GlobeSt. Women of Influence: The Women of Influence Conference is an exclusive two-day event that celebrates the women who drive the commercial real estate industry forward. These influential leaders will discuss the critical issues facing CRE now and in the future, what it means to be a woman in business today and how women CRE leaders can uplift and support each other on their journey to the top. If you enjoyed this episode, please subscribe to our newsletter and enjoy the next podcast delivered straight to your inbox. For show notes, past guests, and more CRE content, please check out Crexi's blog. Ready to find your next CRE property? Visit Crexi and immediately browse 500,000+ available commercial properties for sale and lease. Follow Crexi:https://www.crexi.com/ https://www.crexi.com/instagram https://www.crexi.com/facebook https://www.crexi.com/twitter https://www.crexi.com/linkedin https://www.youtube.com/crexi
Almost every CRE company is exploring ways to utilize technology, but there remains a gap between tech ambition and day-to-day tech function. In this episode of GlobeSt.'s CRE Tech Visions podcast series, alternative asset manager The RMR Group takes us inside their technology strategy to explain how they have built a valuable tech toolkit. We sat down with the firm's tech leaders Greg Carey, chief information officer; Larry Quern, director of custom application development; and Shahbaz Syed, senior director of applications data and analytics, to explore the inner workings of a successful CRE tech program, including: Why their technology has led to impressive efficiencies, including saving 4,500 hours of labor specific to a single task; Where AI fits into a CRE practice both today and in the future; and How to protect against cyberthreats and instances of fraud.
This is the Women of Influence Podcast series, delivering next level insights and expertise live from GlobeSt.'s Women of Influence Conference.The Women of Influence Podcast Series is an exclusive mini-series of The Crexi Podcast, an insider's look at all things commercial real estate, produced in collaboration with GlobeSt. The Crexi team visited Women of Influence and recorded in Lake Tahoe, California, from the floor of the conference, highlighting movers and shakers in commercial real estate. The Crexi Podcast explores various aspects of the commercial real estate industry in conversation with some of the top professionals in the space. In each episode, we feature different guests to tap into their wealth of CRE expertise and explore the latest trends and updates from the world of commercial real estate. In this episode, guest host Holly Amaya and Crexi's Shanti Ryle sit with Carrie Bobb, SVP at Foundry Commercial, Bettina Hunt, SVP of Leasing at American Healthcare REIT, and Deana Marcello, Executive VP at Colliers, to cover wide-ranging topics, including:Introduction to the Women of Influence SeriesMeet Carrie Bobb: Career Highlights and AccomplishmentsCarrie's Journey into Commercial Real EstateChallenges in the Commercial Real Estate IndustryThe Importance of Faith and Support SystemsNavigating the Pandemic and Business PivotsCurrent Market Trends and InsightsAdvice for Young Women in Real EstateClosing Remarks and Where to Find Carrie OnlineMeet Bettina HuntBettina's Journey into Commercial Real EstateNavigating Challenges in the IndustryInsights into Healthcare Real EstateAdvice for Aspiring Real Estate ProfessionalsConclusion and Contact InformationMeet Deana MarcelloCareer Highlights and Recent ChangesLas Vegas Market InsightsExciting Projects on The StripWomen in Commercial Real EstateMentorship and Networking TipsFuture of Commercial Real EstateConclusion and Contact Information About Carrie Bobb:Carrie is a placemaker for mixed-use developments where she curates a sense of place and drives value vertically for an asset through retail leasing and merchandising. During her 20+ year career in commercial real estate, Carrie has negotiated over $2 billion in transactions.Prior to joining Foundry, Carrie was the founder of Carrie Bobb & Co. and co-founder of hellojenny. Carrie Bobb & Co specialized in mixed-use developments and evoking emotion through retail leasing. Hellojenny develops digital strategies for commercial real estate by aligning the social media strategy of an asset with the leasing strategy.Prior to starting her own companies, Carrie had been with CBRE in San Diego for 15 years where she worked on projects out of the ground such as One Paseo, The Village at Pacific Highlands Ranch, Pacific Gate, Flower Hill Promenade (re-development), Encinitas Village (re-development) and several others.Carrie has completed transactions with retailers such as Sephora, Blue Bottle Coffee, lululemon, Cinepolis, SoulCycle, Fox Restaurant Concepts, Salt & Straw, drybar and several others. She has represented landlords including Kilroy Realty, IQHQ, Bosa Development, Asana Partners, Protea Properties, Heitman, Regency Centers, as well as many others.About Bettina Hunt:Bettina Hunt, CCIM, CPM is a senior vice president of Leasing with American Healthcare Reit. Formerly, she was an SVP at Colliers, a member of the Arizona Healthcare Team and a national Colliers Healthcare Fellow, specializing in healthcare real estate including tenant representation, landlord representation, owner user sales and investment sales. Bettina is an accomplished real estate broker with more than 24 years of experience with two decades of specializing in healthcare real estate. She is passionate about her commitment to helping others, which she demonstrates through her thorough, prompt review and recommendations on every transaction with every client. Arizona BIG Media recognized Bettina in 2019 as one of their Most Influential Women. She has earned a reputation for going out of her way to strategize multifaceted solutions to complex client needs and has been recognized for this talent and achievement. Creative in her approach and professional in her delivery, Bettina is astute in her ability to accurately assess situations and deliver solutions that are mutually advantageous to all parties whether she is representing the tenant or the landlord, the buyer, or the seller. Prior to Colliers, Bettina worked at Healthcare Trust of America (HTA) a publicly traded REIT for a decade and served as the senior director of leasing, director of operations and designated broker for the Arizona offices. During her time at HTA, she managed all leasing responsibilities for 3.7 million square feet of medical office space across a nine-state portfolio. Bettina worked for Healthcare Realty after they acquired HTA as they transitioned the company. Before her time at HTA, Bettina represented the Owner of the Banner Del E. Webb and Boswell Medical Center Campus where she served as director of leasing and operations. About Deana Marcello:Deana is a 3rd-generation Real Estate professional and a recognized leader in the commercial real estate industry. Deana serves as an Executive Vice President at Colliers where she focuses on the stabilization and disposition of assets and implementing strategic planning to maximize value for her clients.Deana proudly followed her father's footsteps and developed a passion for real estate through her work. A Rhode Island native, Deana is a 23-year resident of Las Vegas who brings over 13 years of experience specializing in commercial REO, investment and owner/user sales, as well as representation for national retail tenants and institutional landlords. She began her career at the Las Vegas Development Company where she perfected her brokerage and development services. She later worked as a Senior Associate at The Equity Group where she was responsible for developing several retail projects throughout Las Vegas. Deana served as an Executive Vice President at Logic where she was responsible for securing some of the largest sale and lease transactions for the company.Deana obtained her Bachelors in Finance from University of Nevada Las Vegas, is an active CCIM candidate, and a graduate of NAIOP Southern Nevada's Developing Leader's Institute. Deana is greatly involved in the Las Vegas community and she continues to give back by serving as Chair of the NAIOP Developing Leaders committee, which helps mold and mentor young professionals in the commercial real estate industry.About GlobeSt. Women of Influence: The Women of Influence Conference is an exclusive two-day event that celebrates the women who drive the commercial real estate industry forward. These influential leaders will discuss the critical issues facing CRE now and in the future, what it means to be a woman in business today and how women CRE leaders can uplift and support each other on their journey to the top. If you enjoyed this episode, please subscribe to our newsletter and enjoy the next podcast delivered straight to your inbox. For show notes, past guests, and more CRE content, please check out Crexi's blog. Ready to find your next CRE property? Visit Crexi and immediately browse 500,000+ available commercial properties for sale and lease. Follow Crexi:https://www.crexi.com/ https://www.crexi.com/instagram https://www.crexi.com/facebook https://www.crexi.com/twitter https://www.crexi.com/linkedin https://www.youtube.com/crexi
Healthcare real estate has strong tenant fundamentals, with growing opportunities for new development and investment as capital markets improve. Commercial real estate investors have a lot of reasons to like healthcare real estate. With rising patient demand, continued shift to outpatient care, and decreasing vacancy, the need for healthcare facilities is at an all-time high. While elevated interest rates continue to challenge the capital stack, investments in outpatient healthcare facilities offer great potential within a thriving and expanding industry. In this episode of GlobeSt.com's Healthcare Visions series, Ben Ochs, CEO of Anchor Health Properties, talks about the opportunities, challenges, and trends reshaping the healthcare market, including: Making investments work in an environment with high interest rates and an inverted yield curve, The shift to outpatient facilities and the emergence of specialty hospitals, and How investment strategy is responding to meet demand despite capitalization challenges.
This is the Women of Influence Podcast series, delivering next level insights and expertise live from GlobeSt.'s Women of Influence Conference.The Women of Influence Podcast Series is an exclusive mini-series of The Crexi Podcast, an insider's look at all things commercial real estate, produced in collaboration with GlobeSt. The Crexi team visited Women of Influence and recorded in Lake Tahoe, California, from the floor of the conference, highlighting movers and shakers in commercial real estate. The Crexi Podcast explores various aspects of the commercial real estate industry in conversation with some of the top professionals in the space. In each episode, we feature different guests to tap into their wealth of CRE expertise and explore the latest trends and updates from the world of commercial real estate. In this episode, Crexi's Shanti Ryle sits with Skylar Jones, Leasing Director of Kimco Realty Corporation, and Amber Brandhagen, COO and Principal of NAI Global Wireless, to cover wide-ranging topics, including:Introduction to the Crexi PodcastMeet Skylar JonesSkylar's Journey into Commercial Real EstateChallenges and Lessons LearnedEmpowering Women in Real EstateTrends in Retail LeasingFuture Predictions for RetailClosing Remarks and Contact InformationMeet Amber BrandhagenAmber's Journey into Commercial Real EstateChallenges and Key LessonsUnderstanding the Wireless SectorFuture Trends in WirelessLeadership and MentorshipFinal Thoughts and Contact Information If you enjoyed this episode, please subscribe to our newsletter and enjoy the next Podcast delivered straight to your inbox. For show notes, past guests, and more CRE content, please check out Crexi's blog.Ready to find your next CRE property? Visit Crexi and immediately browse 500,000+ available commercial properties for sale and lease.Follow Crexi:https://www.crexi.com/ https://www.crexi.com/instagram https://www.crexi.com/facebook https://www.crexi.com/twitter https://www.crexi.com/linkedin https://www.youtube.com/crexiAbout Skylar Jones:Skylar Jones brings nearly 10 years of experience in the commercial real estate industry, specializing in multifamily, retail, and office sectors. Currently focused on leasing open-air, mixed-use shopping centers, she has gained extensive exposure to a diverse range of asset classes. Skylar holds a Bachelor of Science in Marketing from the University of Maryland Global Campus.In her role at Kimco, where she has been for over three and a half years, Skylar is responsible for placemaking, strategic merchandising, and negotiating leases with qualified prospects to fill vacancies in shopping centers across the Washington, DC metro area. She collaborates closely with regional leadership and the executive team to drive strategic initiatives.Skylar's expertise lies in qualitative merchandising, with a passion for creating vibrant, engaging retail environments, particularly within Lifestyle and Luxury/High Street Retail assets. She also serves as Chair of Kimco's Empowering Women to Lead Employee Resource Group, supporting and encouraging women to enhance their skills and leadership potential through connection, mentorship, collaboration, and discussion.About Amber Brandhagen:Amber Brandhagen has 10 years of commercial real estate experience and is the COO and Principal of NAI Global Wireless.She has completed in excess of $200 million in lease sales and related transactions throughout the United States and manages approximately $50 million of real estate assets. In addition, Amber facilitates the real estate process from initial contact through transaction closing and account closeout. She manages contract administration, due diligence, marketing, social media, and data management.Amber is on the Leadership Board at NAI Global, where she serves as secretary. She's also the Chairperson for the Women's Alliance at NAI Global.About GlobeSt. Women of Influence: The Women of Influence Conference is an exclusive two-day event that celebrates the women who drive the commercial real estate industry forward. These influential leaders will discuss the critical issues facing CRE now and in the future, what it means to be a woman in business today and how women CRE leaders can uplift and support each other on their journey to the top. If you enjoyed this episode, please subscribe to our newsletter and enjoy the next podcast delivered straight to your inbox. For show notes, past guests, and more CRE content, please check out Crexi's blog. Ready to find your next CRE property? Visit Crexi and immediately browse 500,000+ available commercial properties for sale and lease. Follow Crexi:https://www.crexi.com/ https://www.crexi.com/instagram https://www.crexi.com/facebook https://www.crexi.com/twitter https://www.crexi.com/linkedin https://www.youtube.com/crexi
This is the Women of Influence Podcast series, delivering next level insights and expertise live from GlobeSt.'s Women of Influence Conference.The Women of Influence Podcast Series is an exclusive mini-series of The Crexi Podcast, an insider's look at all things commercial real estate, produced in collaboration with GlobeSt. The Crexi team visited Women of Influence and recorded in Lake Tahoe, California, from the floor of the conference, highlighting movers and shakers in commercial real estate. The Crexi Podcast explores various aspects of the commercial real estate industry in conversation with some of the top professionals in the space. In each episode, we feature different guests to tap into their wealth of CRE expertise and explore the latest trends and updates from the world of commercial real estate. In this episode, guest host Holly Amaya and Crexi's Shanti Ryle sit with Carolyn Pistone, President & Managing Director of Clear Blue Commercial, and Jennifer Keen, EVP & Manager of Western Operations at IPX1031, to cover wide-ranging topics, including:Introduction and WelcomeMeet Carolyn PistoneCarolyn's Environmental AwakeningStarting Clear Blue CommercialAchievements and ImpactLeadership and ValuesAdvice for Young Women in Real EstateMeet Jennifer KeenJennifer's Early Career JourneyChallenges and Growth in Real EstateInsights on 1031 ExchangesDemographic Shifts and Real Estate StrategiesConclusion and Contact InformationAbout Carolyn Pistone:Carolyn is a committed Earthling dedicated to saving the planet using her real estate license! Carolyn is the President and Managing Director at Clear Blue Commercial. She has held various senior positions in the entertainment, real estate, and hi-tech industries. In addition she serves on the Environmental Committee of the Sonoma County Alliance, the Climate Action 2020 Stakeholders Advisory Group, former President of the Board of Trustees for the Petaluma Community Foundation, and a founding board member of 100 Sonoma People Who Care. She is a proud REALTOR®, EcoBroker®, and Certified Green Building Professional®. These experiences have inspired her to work to build a supportive, innovative, and collaborative environment for clients, team members, and, yes, even the planet, to thrive.About Jennifer Keen:Jennifer Keen is the Executive Vice President and Western Regional Manager for IPX1031. During her 20-plus years in the real estate industry, Jennifer has served in numerous senior level roles, all with a main emphasis on 1031 Tax-Deferred Exchanges. Her expertise centers around structuring the technical aspects of 1031 transactions and has since expanded her skillset to managing and motivating the staff of the largest Exchange Company in the nation. Prior to joining IPX1031, Jennifer was involved in the founding, creation and development of 1031 Exchange companies ranging from smaller regional title companies to large Fortune 500 title operations.Jennifer travels regularly throughout the Western US and is a frequent keynote speaker and educator to those interested in learning more about the nuances and complexities of exchange transactions and how that affects the real estate economy as a whole. Jennifer earned her degree from California Polytechnic State University, San Luis Obispo and is an affiliate member of organizations such as NAIOP, CREW, FEA and CCIM to name a few.About GlobeSt. Women of Influence:The Women of Influence Conference is an exclusive two-day event that celebrates the women who drive the commercial real estate industry forward. These influential leaders will discuss the critical issues facing CRE now and in the future, what it means to be a woman in business today and how women CRE leaders can uplift and support each other on their journey to the top. If you enjoyed this episode, please subscribe to our newsletter and enjoy the next podcast delivered straight to your inbox. For show notes, past guests, and more CRE content, please check out Crexi's blog. Ready to find your next CRE property? Visit Crexi and immediately browse 500,000+ available commercial properties for sale and lease. Follow Crexi:https://www.crexi.com/ https://www.crexi.com/instagram https://www.crexi.com/facebook https://www.crexi.com/twitter https://www.crexi.com/linkedin https://www.youtube.com/crexi
PRGN Presents: News & Views from the Public Relations Global Network
Bringing Hope to the Family, a nonprofit organization founded in Uganda, has successfully expanded its mission to the United States, focusing on supporting vulnerable children and communities. Christine Deschaine, Executive Director and Founder of the USA division, shares her journey of introducing the organization to American audiences, highlighting the challenges and strategies involved in effective communication and engagement. With the help of the Hoyt Organization, Christine emphasizes the importance of storytelling through various channels, including social media, to showcase the positive impact of their work. The conversation also delves into the emotional connections created through their initiatives, such as providing clean water and medical care to underserved communities. About the Guest Leeza Hoyt, APR, is president of The Hoyt Organization, Inc., the Los Angeles area partner agency of PRGN. As a 25+ year veteran of the communications industry, she is passionate about helping clients navigate the new world of today's communications landscape. Her team has developed awarding winning campaigns for regional companies and national organizations in a wide variety of industries. She has been recognized by many organizations including being named as a "woman to watch" by Globest.com, and named as one of the top Marketing & Communications CRE Influencers by Real Estate Forum. In addition, she is a member of the Forbes Council, and the agency was named one of the top 200 PR firms in the country in 2021.Christine Deschaine is a Senior Vice President in Kennedy Wilson's brokerage division and specializes in the leasing and sale of retail property. She has more than 25 years of experience in tenant and landlord representation and has worked extensively in urban redevelopment with some of the area's most prominent retail developers. Since joining Bringing Hope to the Family in 2019, Christine has visited Bringing Hope in Uganda eighteen times and helped to develop the Building Women and Crisis Pregnancy Center program. She is also the Founder and Board Member of ThinSpace, a nonprofit that works to bring vital resources and opportunities to the people of Kaihura, Uganda. Additionally, Christine works with City of Hope as an agent at Kennedy Wilson and the Commercial Real Estate, where she received the Spirit of Life® Award for her professional and humanitarian accomplishments. For 20 years, she has volunteered with Harvest Home and helped in programs including fundraising and hands-on programs including Bible studies, baby and mother baskets, sorting baby clothing and landscaping projects. Her work continues at Ann Douglas Women Center DTLA, supporting women with life recovery services. Christine's passion for non-profit work is extensive as she has dedicated her life to serving the needs of others. About the Host Abbie Fink is president of HMA Public Relations in Phoenix, Arizona and a founding member of PRGN. Her marketing communications background includes skills in media relations, digital communications, social media strategies, special event management, crisis communications, community relations, issues management, and marketing promotions for both the private and public sectors, including such industries as healthcare, financial services, professional services,...
This is the Women of Influence Podcast series, delivering next level insights and expertise live from GlobeSt.'s Women of Influence Conference.The Women of Influence Podcast Series is an exclusive mini-series of The Crexi Podcast, an insider's look at all things commercial real estate, produced in collaboration with GlobeSt. The Crexi team visited Women of Influence and recorded in Lake Tahoe, California, from the floor of the conference, highlighting movers and shakers in commercial real estate. The Crexi Podcast explores various aspects of the commercial real estate industry in conversation with some of the top professionals in the space. In each episode, we feature different guests to tap into their wealth of CRE expertise and explore the latest trends and updates from the world of commercial real estate. In this episode, Crexi's Shanti Ryle sits with Julie Baird, President of First American Exchange Company, and Shayna Platt, Senior Director, ESG, at BioMed Realty, to cover wide-ranging topics, including:Introduction to the Crexi PodcastMeet Julie Baird: A Leader in Real EstateJulie's Career JourneyBuilding a Collaborative CultureChallenges and AchievementsMeeting People Where They AreCreating a Collaborative CultureAdvice for Young LeadersBuilding Trust and CollaborationChallenges and Opportunities for Women in LeadershipIndustry-Wide Efforts for DiversityConclusion and Contact InformationShayna Platt's Journey into ESGUniversity Influence and Early CareerRole at BioMed RealtyUnderstanding ESG in Commercial Real EstateChallenges in Implementing ESG PracticesGaining Internal Buy-In and EngagementPositive Outcomes and Executive SupportFuture Trends in Life Sciences Real EstateThe Importance of Accurate ESG DataAdvice for Young Professionals in ESGConnecting and Mentoring in ESGClosing RemarksAbout Julie Baird:Julie Baird is President of First American Exchange Company. She leverages people centered leadership practices to foster an organizational culture of collaboration, transparency, and trust, with employees reporting high job satisfaction while delivering record setting financial results.A fierce advocate for elevating female voices within the CRE industry, Julie has been a member of GlobeSt Woman of Influence speaking faculty since its inception and was awarded as a Woman of Influence in 2023; she was awarded First American's DPK Circle of Excellence Award in 2022, a recognition given to a very small number of the highest achieving employees in the entire organization of nearly 20,000 employees, and Julie was invited to participate in First American's Women in Leadership class of 2021 and selected by her class as a presenter to the First American Financial executive team.Julie is a past President of the Federation of Exchange Accommodators and is past Director for CREW Denver. She is a frequent speaker and author on 1031 exchange and industry related topics.Julie is a former Chair of the Executive Committee of the Real Property Law Section of the State Bar of California and she is the prior Managing Editor of the California Real Property Journal. In 2009, Julie was named as one of the "Top 20 Under 40" real estate professionals by the Commercial Real Estate Women (CREW) Network. Prior to joining First American, Julie was a real estate attorney in San Francisco.About Shayna Platt:Shayna Platt is the Senior Director of Environmental Social Governance (ESG) at BioMed Realty. A Blackstone Real Estate portfolio company, BioMed Realty is a leading provider of real estate solutions to the life science and technology industries. BioMed owns and operates high quality life science real estate comprising 15.9 million square feet concentrated in leading innovation markets throughout the United States and United Kingdom, including Boston/Cambridge, San Francisco, San Diego, Seattle, Boulder and Cambridge, U.K. In addition, BioMed maintains a premier development platform with 2.5 million square feet of Class A properties in active construction to meet the growing demand of the life science industry.About GlobeSt. Women of Influence: The Women of Influence Conference is an exclusive two-day event that celebrates the women who drive the commercial real estate industry forward. These influential leaders will discuss the critical issues facing CRE now and in the future, what it means to be a woman in business today and how women CRE leaders can uplift and support each other on their journey to the top. If you enjoyed this episode, please subscribe to our newsletter and enjoy the next podcast delivered straight to your inbox. For show notes, past guests, and more CRE content, please check out Crexi's blog. Ready to find your next CRE property? Visit Crexi and immediately browse 500,000+ available commercial properties for sale and lease. Follow Crexi:https://www.crexi.com/ https://www.crexi.com/instagram https://www.crexi.com/facebook https://www.crexi.com/twitter https://www.crexi.com/linkedin https://www.youtube.com/crexi
For more than 25 years, Bill Wilhelm has played a pivotal role in helping shape R.D. Olson Construction to become one of the nation's leading general contractors, commemorating 40 years in business this year. Under Wilhelm's leadership, R.D. Olson Construction has earned an award-winning reputation across the Western U.S. and Hawaii for projects spanning hospitality, multi-unit, adaptive reuse, education and senior living. The firm has been repeatedly recognized by Engineering News-Record as a Top 400 Construction Company Nationwide and Top 40 General Contractor in California. Wilhelm has spearheaded some of R.D. Olson Construction's most iconic projects and continues to cultivate the company's nationwide reputation as a trusted, relationship-focused builder. Notable projects completed under his leadership include Lido House, Los Angeles' NoMad Hotel, Irvine Spectrum Marriott, Paséa Hotel and Spa, Chapman University's Reeves Hall and Atria Senior Living, among many others. Wilhelm's hands-on leadership approach and forward-thinking industry expertise has made him a highly sought-after speaker for events such as The Lodging Conference and Bisnow. He also frequently contributes his insights to Forbes, The Wall Street Journal, GlobeSt, Construction Today, Hotel Business Magazine and other prominent business and commercial real estate publications. In addition to leading R.D. Olson Construction, Wilhelm has dedicated his career to giving back to the local community by volunteering, fundraising and building homes alongside his employees for Habitat for Humanity, Olive Crest, HomeAid, Pediatric Cancer Research Foundation and OC United. His team-oriented leadership and civic-minded approach has helped garner the company numerous awards and recognitions, including “The Olive Crest Leadership Award,” Orange County Business Journal's “Best Places to Work” and OneOC's “Civic 50” – a coveted list of the top 50 philanthropic companies in Orange County. In 2019, Wilhelm was recognized by Boy Scouts of America, Orange County Council, as a Men of Character Honoree. Wilhelm graduated from California State University, Long Beach with a bachelor's degree in industrial engineering. He later went on to study at the University of Southern California, where he completed the university's Management Development Program followed by Harvard University's Executive Finance Program. He continues to strengthen the core of the company and attributes his leadership success to his ability to bring out the best in his associates, employees and project partners through a collaborative, team-oriented work environment. -- Critical Mass Business Talk Show is Orange County, CA's longest-running business talk show, focused on offering value and insight to middle-market business leaders in the OC and beyond. Hosted by Ric Franzi, business partner at REF Orange County. Learn more about Ric at www.ricfranzi.com.
This is the Women of Influence Podcast series, delivering next level insights and expertise live from GlobeSt.'s Women of Influence Conference.The Women of Influence Podcast Series is an exclusive mini-series of The Crexi Podcast, an insider's look at all things commercial real estate, produced in collaboration with GlobeSt. The Crexi team visited Women of Influence and recorded in Lake Tahoe, California, from the floor of the conference, highlighting movers and shakers in commercial real estate. The Crexi Podcast explores various aspects of the commercial real estate industry in conversation with some of the top professionals in the space. In each episode, we feature different guests to tap into their wealth of CRE expertise and explore the latest trends and updates from the world of commercial real estate. In this episode, Crexi's Shanti Ryle sits with DeLea Becker, Founder and Owner of Beck-Reit Commercial, and Barbara Morrison, Founder and President of TMC Financing, to cover wide-ranging topics, including:Introduction to The Crexi PodcastMeet DeLea Becker: Background and AchievementsDeLea Journey into Commercial Real EstateNavigating the Great RecessionTransition to Commercial Real EstateThe Importance of Long-Term VisionEmpowering Women in Commercial Real EstateAdvice for Aspiring InvestorsConclusion and Contact InformationMeet Barbara Morrison: A Pioneer in Small Business AdvocacyThe Journey of TMC FinancingExpanding Impact: Working Solutions and TMC Community CapitalBarbara's Early Career and Civic LeadershipBarbara's Path to Commercial Real EstateUnderstanding the SBA 504 Loan ProgramTrends and Insights in Small Business Real EstateAdvice for Aspiring Women EntrepreneursConclusion and How to Connect with Barbara About DeLea Becker:DeLea Becker is the Founder & Broker of Beck-Reit Commercial & Beck-Reit Asset Management. In addition, she owns with her husband, a 25-year-old Heavy Highway Civil Construction Company, Beck-Reit & Sons, Ltd which specializes in TxDOT road & bridge repair.Her experience in Commercial Real Estate started as an investor and developer. She has vast knowledge in the greater Austin area real estate market with expertise in East Austin. She seeks to purchase Income Producing Properties across Texas, Vacant Properties to tenant in Central Texas, and Old Buildings to gut and rehab in Austin Texas. She lowers her risk exposure in investing by having her companies manage all aspects - Brokerage, Property Management & Construction. DeLeas's focus is growing her personal CRE portfolio while the majority of her brokerage clients are serviced by Brokers she has working for her company.DeLea actively champions women with careers in Commercial Real Estate to become active investors with their knowledge and expertise. Real Estate has proven through history to be an excellent path to growing wealth, DeLea is adamant that women get in the game.DeLea is a member of many professional organizations that are specific to Commercial Real Estate and Business. She has been honored with awards from Austin Business Journal, Bisnow, CREW, CCIM, WRECONF, CREi Summit, Otso Influencer, and the National Association of Realtors.About Barbara MorrisonBarbara Morrison, a Bay Area small business advocate and civic leader, is the founder and president of TMC Financing, a certified Development Company that provides SBA commercial real estate financing.In 1981, Barbara founded TMC Financing to provide access to affordable capital with the SBA 504 loan program for small business owners to purchase the real estate utilized by their business. From just 6 employees lending in the 9 Bay Area counties, TMC has grown into the largest CDC in the nation, providing financing for small businesses in California, Arizona, Nevada, Oregon, and Hawaii. Under her visionary leadership, TMC has facilitated over $14 billion in SBA commercial real estate loans for over 7,000 small businesses, leading to the creation of an estimated 60,000 jobs.Recognizing the needs of smaller entrepreneurs, not able to take advantage of the 504 program, Barbara expanded her impact by founding Working Solutions a Community Development Financial Institution (CDFI), in 1999. This initiative addressed the financing gaps faced by start-ups, women, minorities, and low-income businesses unable to access conventional funding sources. Working Solutions was “incubated” in the TMC office until it grew into self-sufficiency. Today, it is one of the most successful CDFIs in the country.In 2018, repeating the method of incubating another nonprofit, Barbara founded TMC Community Capital (TMC CC), an online, technology-based microlender. Since its inception, TMC Community Capital has disbursed over $7 million to approximately 350 businesses, providing crucial support to under-served entrepreneurs. Notably, 82% of the loans facilitated by TMC CC supported entrepreneurs of color, while 56% benefited women-owned businesses and 75% aided business owners with low-to-moderate income levels.Morrison developed her passion for small business economic development early in her career while serving as deputy director of the Mayor's Office of Economic Development in San Francisco.A former mayor and city council member for the city of Belvedere, Morrison has been widely recognized for her advocacy for women and small business owners, as well as the leadership she provided for many community organizations.Currently, Barbara participates in several influential organizations, including the Oakland Chamber of Commerce and the International Women's Forum (IWF). Her engagement in these organizations reflects her ongoing commitment to fostering economic growth, supporting entrepreneurship and helping local communities grow and thrive.About GlobeSt. Women of Influence: The Women of Influence Conference is an exclusive two-day event that celebrates the women who drive the commercial real estate industry forward. These influential leaders will discuss the critical issues facing CRE now and in the future, what it means to be a woman in business today and how women CRE leaders can uplift and support each other on their journey to the top. If you enjoyed this episode, please subscribe to our newsletter and enjoy the next podcast delivered straight to your inbox. For show notes, past guests, and more CRE content, please check out Crexi's blog. Ready to find your next CRE property? Visit Crexi and immediately browse 500,000+ available commercial properties for sale and lease. Follow Crexi:https://www.crexi.com/ https://www.crexi.com/instagram https://www.crexi.com/facebook https://www.crexi.com/twitter https://www.crexi.com/linkedin https://www.youtube.com/crexi
This is the Women of Influence Podcast series, delivering next level insights and expertise live from GlobeSt's Women of Influence Conference.The Women of Influence Podcast Series is an exclusive mini-series of The Crexi Podcast, an insider's look at all things commercial real estate, produced in collaboration with GlobeSt. The Crexi team visited Women of Influence and recorded in Lake Tahoe, California, from the floor of the conference, highlighting movers and shakers in commercial real estate. The Crexi Podcast explores various aspects of the commercial real estate industry in conversation with some of the top professionals in the space. In each episode, we feature different guests to tap into their wealth of CRE expertise and explore the latest trends and updates from the world of commercial real estate. In this episode, Crexi's Shanti Ryle sits with Hannah Miet, CEO of Hannah Miet Consulting LLC, and Emily Pollard, Senior Director at BKM Capital Partners, to cover wide-ranging topics, including: Introduction to The Crexi PodcastMeet Hannah Miet: Award-Winning MarketerHannah's Journey into Commercial Real EstateBuilding The Real Deal's West Coast PresenceChallenges and Triumphs in MarketingAdvice for Women in Commercial Real EstateMeet Emily Pollard: Career Journey and BackgroundThe Role of Marketing in Commercial Real EstateBuilding and Leading a High-Performing TeamMentorship and Career Advice for Aspiring ProfessionalsConclusion and How to Stay Connected If you enjoyed this episode, please subscribe to our newsletter and enjoy the next Podcast delivered straight to your inbox. For show notes, past guests, and more CRE content, please check out Crexi's blog.Ready to find your next CRE property? Visit Crexi and immediately browse 500,000+ available commercial properties for sale and lease.Follow Crexi:https://www.crexi.com/ https://www.crexi.com/instagram https://www.crexi.com/facebook https://www.crexi.com/twitter https://www.crexi.com/linkedin https://www.youtube.com/crexiAbout Hannah Miet:Hannah Miet is an award‑winning, Forrester‑certified B2B marketer with 15+ years of experience.She helps real estate, finance, and tech leaders cut through the noise and grow their businesses by marketing their expertise through messaging, positioning, thought leadership-focused content marketing, and unmatched industry experience.Hannah formed Hannah Miet Consulting in 2022 after leading content in-house for Fortune 100 companies and agencies. Before that, she was a veteran business journalist and the founding Los Angeles editor of The Real Deal, which she expanded to the West Coast.Globe St. named her a 2024 Woman of Influence in Marketing and Communications for her work over the course of a decade in commercial real estate.Hannah Miet Consulting is a solopreneur-led micro-agency built on Hannah's expertise. Unlike larger agencies that staff client projects with junior employees, Hannah leads every project, leveraging a network of qualified partners for larger scopes.About Emily PollardEmily Pollard is Senior Director of Marketing & Communications at BKM Capital Partners a leading real estate fund manager specializing in value-add light industrial and multi-use logistics properties in the Western United States. In her position, Pollard spearheads BKM's marketing, media, and communications, including tactical planning and execution of the company's advertising, public relations, and multi-channel communication strategies. In addition to driving the marketing strategy for the organization, Emily leads BKM's environmental, social, and governance programs and initiatives, integrating sustainability into the firm's asset management practices and quantifying the resulting increase in value.Pollard brings more than 10 years of strategic marketing, communications, pipeline planning, new product development, commercialization, and brand positioning experience to her role, specifically in real estate, private equity, and alternative investments. She is a Chartered Alternative Investment Analyst (CAIA) Charterholder and currently a member of CREW Orange County, the American Institute of Graphic Arts, and the American Marketing Association.About GlobeSt Women of Influence: The Women of Influence Conference is an exclusive two-day event that celebrates the women who drive the commercial real estate industry forward. These influential leaders will discuss the critical issues facing CRE now and in the future, what it means to be a woman in business today and how women CRE leaders can uplift and support each other on their journey to the top. If you enjoyed this episode, please subscribe to our newsletter and enjoy the next podcast delivered straight to your inbox. For show notes, past guests, and more CRE content, please check out Crexi's blog. Ready to find your next CRE property? Visit Crexi and immediately browse 500,000+ available commercial properties for sale and lease. Follow Crexi:https://www.crexi.com/ https://www.crexi.com/instagram https://www.crexi.com/facebook https://www.crexi.com/twitter https://www.crexi.com/linkedin https://www.youtube.com/crexi
This is the Women of Influence Podcast series, delivering next level insights and expertise live from GlobeSt's Women of Influence Conference.The Women of Influence Podcast Series is an exclusive mini-series of The Crexi Podcast, an insider's look at all things commercial real estate, produced in collaboration with GlobeSt. The Crexi team visited Women of Influence and recorded in Lake Tahoe, California, from the floor of the conference, highlighting movers and shakers in commercial real estate. The Crexi Podcast explores various aspects of the commercial real estate industry in conversation with some of the top professionals in the space. In each episode, we feature different guests to tap into their wealth of CRE expertise and explore the latest trends and updates from the world of commercial real estate. In this episode, Crexi's Shanti Ryle sits with Beth Azor, The Canvassing Queen and CEO of Azor Advisory Services, and Amy Galvin, CEO of Luxury Living, to cover wide-ranging topics, including: Introduction to the Crexi PodcastMeet Beth Azor: A Legend in Commercial Real EstateBeth Azor's Journey into Real EstateThe Turning Point: From Dream Job to Real EstateFirst Investment: Overcoming Fear and Taking the LeapBuilding Wealth: The Importance of InvestingThe Power of Relationships in Real EstateKey Takeaways and Final AdviceClosing Remarks and How to Stay ConnectedMeet Amy Galvin: CEO and Co-Founder of Luxury LivingAmy's Journey into Real EstateLessons Learned and Business PivotsMentorship and Women in Real EstateCurrent Projects and Market TrendsConclusion and Contact InformationAbout Beth Azor:Affectionately known as ‘The Canvassing Queen™' Beth Azor is the founder and owner of Azor Advisory Services (AAS), a leading commercial real estate advisory and investment firm based in Southeast Florida.As its principal, Beth currently owns and manages six shopping centers in Florida and travels the country consulting with, brokering deals for and training associates in the commercial real estate industry. A partial list of Beth's clients include Phillips Edison & Co., Brixmor Properties, The Shopping Center Group, Urban Edge Development and DLC Management Group.Prior to founding AAS, Beth was the President of Terranova Florida's largest 3rd party asset manager. Beth also has over thirty years of experience in managing, developing, redeveloping and teaching commercial real estate leasing agents all over the country. She has taken it upon herself to guide budding and established retail real estate agents to conquer the market by offering commercial real estate training courses and workshops. Her canvassing workshops are legendary!A graduate of FSU, Beth is a former Foundation Trustee and is past Chairwoman of the Board, and Founder of the FSU Real Estate Foundation. Beth is also the immediate past President of the Board of Directors of HOPE Outreach Center in Davie, Florida and co-founder of 100+ Women Who Care in South Florida. She resides in Davie with her two boys, Alex and Mario.About Amy GalvinAmy Galvin is the CEO and Co-Founder of Luxury Living, a vertically integrated, Chicago-based residential real estate company offering boutique brokerage services balanced with best-in-class multifamily consulting, marketing, leasing, and development. She leads day-to-day operations and strategy for the entire organization, all with the goal of providing the company's clients - developers and renters - a premier service experience.She actively pours her heart, empathy, and humanity into the company. She aims to create a workplace where team members understand how their work contributes to the company's greater good, enjoy collaborating, and thrive personally and professionally.Amy previously served as Chief Culture Officer, focusing on workplace culture, diversity, inclusion, talent strategy, and team member growth. Amy is a certified professional coach and trained facilitator of The Fair Play Method. She is passionate about women's equality and advocates for women through coaching, mentorship, speaking engagements, and published writings.Amy is a strong advocate of mentoring women in business and is honored to be a mentor with the JCC's WomeninPower program and the Goldie Initiative. Amy has been recognized as a Who's Who in Chicago Real Estate and a Bisnow Chicago Power Woman for her leadership and support of women in the industry. She is a graduate of Indiana University and the Second City Improv Training Program.Amy is mom to Mia and Lana. In her free time, she enjoys reading and spending time in nature. About GlobeSt Women of Influence: The Women of Influence Conference is an exclusive two-day event that celebrates the women who drive the commercial real estate industry forward. These influential leaders will discuss the critical issues facing CRE now and in the future, what it means to be a woman in business today and how women CRE leaders can uplift and support each other on their journey to the top. If you enjoyed this episode, please subscribe to our newsletter and enjoy the next podcast delivered straight to your inbox. For show notes, past guests, and more CRE content, please check out Crexi's blog. Ready to find your next CRE property? Visit Crexi and immediately browse 500,000+ available commercial properties for sale and lease. Follow Crexi:https://www.crexi.com/ https://www.crexi.com/instagram https://www.crexi.com/facebook https://www.crexi.com/twitter https://www.crexi.com/linkedin https://www.youtube.com/crexi
Leveraging Advanced Tools for Immersive Design ExperiencesIn this episode, Blima Ehrentreu, founder and CEO of The Designers Group, delves into her groundbreaking approach to integrating advanced technology with human-centric design in the commercial interior design industry. Blima shares her journey from a childhood fascination with construction to becoming a leader in the design world, starting her own firm, and shaping the future of the industry. She discusses how her team leverages AI to generate innovative design ideas and create photorealistic renderings, as well as using VR technology to offer clients immersive tours of their spaces before they're even built.Beyond technology, Blima emphasizes the importance of purposeful design, creating environments that not only meet aesthetic goals but also maximize the potential of the people who will use them. Her dedication to community, philanthropy, and empowering women in the workforce has earned her multiple accolades, including recognition from Globest and Crain's.Join us as we explore how Blima is pushing the boundaries of interior design, merging creativity with cutting-edge tools to create spaces that are as functional as they are beautiful.This week at EntreArchitect Podcast, Leveraging Advanced Tools for Immersive Design Experiences with Blima Ehrentreu.Connect with Blima online at The Designers Group, and find her on Instagram, Facebook and LinkedIn.Please visit Our Platform SponsorsGo to Betterhelp.com/architect for 10% off your first month of therapy with BetterHelp and get matched with a therapist who will listen and help. Thank you to our sponsor BetterHelp for supporting our community of small firm entrepreneur architects.ARCAT.com is much more than a product catalog, with CAD, BIM, and specifications created in collaboration with manufacturers. ARCAT.com also offers LEED data, continuing education resources, newsletters, and the Detailed podcast. Visit https://ARCAT.com to learn more.Visit our Platform Sponsors today and thank them for supporting YOU... The EntreArchitect Community of small firm architects.Mentioned in this episode:Gabl CESArchIT
This is the Women of Influence Podcast series, delivering next level insights and expertise live from Globe Street's Women of Influence Conference.The Women of Influence Podcast Series is an exclusive mini-series of The Crexi Podcast, an insider's look at all things commercial real estate, produced in collaboration with GlobeSt. The Crexi team visited Women of Influence and recorded in Lake Tahoe, California, from the floor of the conference, highlighting movers and shakers in commercial real estate. The Crexi Podcast explores various aspects of the commercial real estate industry in conversation with some of the top professionals in the space. In each episode, we feature different guests to tap into their wealth of CRE expertise and explore the latest trends and updates from the world of commercial real estate. In this episode, Crexi's Shanti Ryle sits with Tanya Ragan, founder and President of Wildcat Management, and Carmen Perkins, President of CIVITAS, to cover wide-ranging topics, including: Introduction to the Women of Influence Podcast SeriesGuest Introduction: Tanya ReaganTanya's Journey into Commercial Real EstateRevitalizing Downtown DallasFuture of Urban Development in DallasAdvice for Women in Commercial Real EstateCelebrating Women's WinsCarmen Perkins: A Journey in Commercial Real EstateCarmen's Background and Career PathProud Achievements and Key ProjectsChallenges and Career AdviceMentorship and Women in Real EstateCurrent Trends in Commercial Real EstateFuture Outlook and Final ThoughtsConclusion and Contact InformationIf you enjoyed this episode, please subscribe to our newsletter and enjoy the next Podcast delivered straight to your inbox. For show notes, past guests, and more CRE content, please check out Crexi's blog.Ready to find your next CRE property? Visit Crexi and immediately browse 500,000+ available commercial properties for sale and lease.Follow Crexi:https://www.crexi.com/ https://www.crexi.com/instagram https://www.crexi.com/facebook https://www.crexi.com/twitter https://www.crexi.com/linkedin https://www.youtube.com/crexiAbout Tanya Ragan:At the helm of Wildcat Management, a woman-owned and operated company based in Downtown Dallas, Texas that specializes in real estate investment and development, you will find Tanya Ragan, our founder and President. Tanya is not only an accomplished entrepreneur but also an advocate and leader of the movement to redevelop Downtown Dallas. As a female business owner and self-made entrepreneur, she is breaking barriers for women in commercial real estate, construction, and venture capital. Tanya's remarkable achievements have not gone unnoticed. She was recently honored as a Women Leading Real Estate Award by Bisnow and consistently ranks as a top commercial real estate developer in the Dallas Business Journal's prestigious annual Book of Lists. Her expertise and subject matter knowledge have been widely recognized and celebrated by numerous media news publications and industry organizations. These accolades highlight Tanya's exceptional leadership, innovative approach, and remarkable contributions to the real estate industry. Tanya's commitment to excellence and innovation fuels Wildcat Management's relentless pursuit of success.About Carmen PerkinsCarmen Perkins, President of CIVITAS, brings 25+ years of business experience, with a background in investment banking, real estate finance, and investment management. She served as Executive Vice President of Durham Capital, originating and closing over $4 billion in debt financing. Carmen also worked at Goldman Sachs and Price Waterhouse in M&A and international tax roles. She holds an MBA in Finance from Columbia University, a BA in Economics from the University of Virginia, and serves on several educational and community impact organization boards.About GlobeSt Women of Influence: The Women of Influence Conference is an exclusive two-day event that celebrates the women who drive the commercial real estate industry forward. These influential leaders will discuss the critical issues facing CRE now and in the future, what it means to be a woman in business today and how women CRE leaders can uplift and support each other on their journey to the top. If you enjoyed this episode, please subscribe to our newsletter and enjoy the next podcast delivered straight to your inbox. For show notes, past guests, and more CRE content, please check out Crexi's blog. Ready to find your next CRE property? Visit Crexi and immediately browse 500,000+ available commercial properties for sale and lease. Follow Crexi:https://www.crexi.com/ https://www.crexi.com/instagram https://www.crexi.com/facebook https://www.crexi.com/twitter https://www.crexi.com/linkedin https://www.youtube.com/crexi
Nili Sangani built a team with diversity as a core value, and received a Women of Influence award. She talks about her leadership in this podcast. Commercial real estate has made great strides in expanding its workforce, but there is still a long way to go. It's a passion for Nili Sangani, Senior Vice President of Operations at Encore Enterprises and Managing Principal at Encore's subsidiary Ignite Investments. For her efforts in furthering diversity, Sangani was recognized as a Diversity Champion in GlobeSt.'s 2024 Women of Influence awards. In this podcast, Sangani talks about the award and its significance. You'll also hear: n How Encore Enterprises has found success with a diversified workforce from its inception, n Why diversity extends beyond a statistic into an embodiment of the leadership culture, and n What two things women should consider when embarking on a career in commercial real estate.
Rent Caps Part Two - President Biden recently announced a 5% cap on apartment rents, though there was some confusion as he struggled to read '5%' on the teleprompter, accidentally suggesting a $55 cap. This raises questions about the effectiveness of rent caps in addressing America's housing crisis. What implications will this have for future development? Do rent caps have a successful track record, such as in New York? It's worth pondering why, if the President views rent caps as a definitive solution to soaring housing costs, why he did not implement this measure back in 2021 when the average rent was around $1,150 per month, in contrast to the current average of approximately $1,411 per month. The timing of this policy, introduced less than four months before the Election after three and a half years of inflation, is also noteworthy. Did you know the podcast is now available on the YouTube channel? Please search @crehelp and subscribe to keep up with CRE #shorts. Please subscribe to this weekly look at commercial real estate. For commercial real estate help in Florida, find us at www.blueboxre.com. Links to an article by GlobeSt referenced in the show: https://www.globest.com/2024/07/17/why-bidens-rent-cap-proposal-isnt-going-to-happen/ #commercialproperty #property #biden #rentcontrol
On this episode I'm speaking with Jay Parsons, a rental housing economist, investor, speaker and advisor. Most recently, he joined Madera Residential as the Head of Investment Strategy & Research. Previously, Jay was the Chief Economist at RealPage, a leading rental housing software and analytics provider. He's been cited in The Wall Street Journal, Bloomberg, The Financial Times, The Economist, The New York Times, NBC News, Politico and he's appeared on CNBC and BloombergTV. Over the last decade-plus, Jay has advised numerous rental housing stakeholders including institutional investors, REITs, smaller investment groups, lenders, regulators, government agencies, and non-profits. In 2023, he was named as an “Influencer in Multifamily Real Estate” by GlobeSt, a leading industry trade publication. Related links for this episode: · Madera Residential - https://maderaresidential.com/ · RealPage - https://www.realpage.com/ · Jay on LinkedIn - https://www.linkedin.com/in/jay-parsons-a7a6656/ · CRE Analyst - https://www.linkedin.com/company/cre-analyst/ · Bill McBride - https://twitter.com/calculatedrisk · Jay's Newsletter - https://jayparsons.com/ Be sure to support this podcast by subscribing and reviewing! Get on the list at https://transformingcities.io for future announcements. Brought to you by Authentic: https://authenticff.com © 2024 Authentic Form & Function
Target Market Insights: Multifamily Real Estate Marketing Tips
As the Founder and CEO of The Designers Group, Blima Ehrentreu combines her creativity and talent to reform the design industry. Her passion for empowering women, giving back to the community, and championing women in the workforce earned her a spot on Globest's Women of Influence in 2020 & 2022. The Designers Group's diverse project portfolio spans the residential and commercial sectors, and Inc. Magazine ranked The Designers Group no.15 among the top fastest-growing private companies in the New York Metro Area in 2021. As a key industry leader, The Designers Group is at the forefront of cutting-edge interior design, specializing in high-end interior spaces for commercial, residential, and healthcare portfolios. Blima's devotion to her work and community has positioned her as an unshakeable force within the industry. Her commitment to fostering a work culture dedicated to philanthropy led her to launch charitable initiatives such as TDG Gives Back and TDG Furniture Exchange. Blima's belief that design is a tool that can build positive spaces and serve communities is a visible hallmark throughout her work. In this episode, we talked to Blima about the projects she and The Designers Group are working on, the benefits of working with a designer, upcoming popular trends, and much more. Announcement: Join the Apartment Investing Mastermind here. A Great Design; 02:15 Blima's background; 04:34 Projects she's working on today; 11:00 The benefits of working with a designer; 18:24 Trends that will have a rise in popularity; 23:28 Round of insights Announcement: Don't miss the Best Ever Conference this year on April 10th to 12th. Use my code CASMON15 for 15% off! Round of Insights Apparent Failure: Mistakes that were made during her first design gig. Digital Resource: VR tours that her company is creating. Most Recommended Book: Lean In. Daily Habit: Walking daily, swimming and cycling. #1 Insight for a great design: Keep your eyes open and try to learn as much as you can through your environment. Contact Blima: https://www.thedesignersgroup.com/ Thank you for joining us for another great episode! If you're enjoying the show, please LEAVE A RATING OR REVIEW, and be sure to hit that subscribe button so you do not miss an episode.
Invest Like a Billionaire - The alternative investments & strategies billionaires use to grow wealth
Discover Bob and Ben's insights and analysis of the state of bank's balance sheets amidst talk of a commercial real estate crash. Globest.com Article - https://www.globest.com/2024/02/02/the-banks-are-not-okay/ Connect with Bob Fraser on LinkedIn https://www.linkedin.com/in/bob-fraser-22469312/ Connect with Ben Fraser on LinkedIn https://www.linkedin.com/in/benwfraser/ Invest Like a Billionaire podcast is sponsored by Aspen Funds which focuses on macro-driven alternative investments for accredited investors. Get started and download your free economic report today at https://aspenfunds.us/report Join the Investor Club to get early access to exclusive deals. https://www.aspenfunds.us/investorclub Subscribe on your favorite podcast app, so you never miss an episode. https://www.thebillionairepodcast.com/subscribe
Joe Ricciuti is a Managing Partner at Ocean Block Capital, which he co-founded in 2017. Since then, Ocean Block has amassed a quarter-billion-dollar portfolio that includes net lease retail, industrial and medical office assets in 32 states. Joe has been involved in over half a billion dollars of real estate transactions throughout his career and was recently recognized as a 2023 Influencer in Retail Real Estate by GlobeSt. Additionally, Joe has served as a panelist at several high-profile events, including the Interface Net Lease Conferences in New York City as well as the Interface Net Lease West Conference in Los Angeles in 2023. In his spare time Joe is on the leadership council at The Pink Agenda, a non-profit organization dedicated to raising money for breast cancer research and care.Connect with Joe:https://www.linkedin.com/in/joe-ricciuti-01201781/https://www.oceanblockcapital.com/Support the podcast by making a monthly donation through Patreon. When you contribute, you'll get access to bonus content not available anywhere else. If you enjoyed this episode, you would probably enjoy reading my weekly newsletter. Every Friday, you'll get a behind the scenes look at my investing, including current events in commercial real estate, deals I'm working on, and random personal things going on in my life. It's a super quick read and you can unsubscribe anytime. - Jonathan Subscribe to the newsletter here: www.thesourcecre.com/newsletterEmail Jonathan with comments or suggestions:podcast@thesourcecre.comOr visit the webpage:www.thesourcecre.com*Some or all of the show notes may have been generated using AI tools.
Chad Griffiths is here to share his profound knowledge of the industrial real estate market, delving into the opportunities, challenges, and trends that shape this lucrative sector. Join us to learn the crucial aspects you should know before investing in industrial real estate properties! Key Takeaways To Listen For Why industrial real estate is the ideal asset class for you Things you should know before entering the industrial real estate market Strategies for finding tenants and selecting industrial properties to invest in Tips to understand the complexities of industrial RE processes and transactions Valuable advice for new and aspiring real estate investors Resources/Links Mentioned In This Episode Amazon.com MLS.com FedEx Metropolis by Ben Wilson | Kindle, Paperback, and Hardcover Endurance by Alfred Lansing | Kindle, Paperback, and Hardcover About Chad Griffiths Chad has been an industrial real estate broker since 2005 and an active property investor since 2014. As a global commercial real estate company member and a partner with his local firm, Chad has completed over 500 deals with clients ranging from small companies to large institutional owners. Chad has been a guest on more than 20 podcast shows and interviewed numerous times by national media. Chad holds both SIOR & CCIM designations and an MBA and is proud to have recently been named an Industrial Influencer by GlobeSt.com. Connect with Chad Podcast: The Industrial Real Estate Podcast YouTube: The Industrial Real Estate Show X: @ChadGriffiths Connect With Us If you're looking to invest your hard-earned money into cash-flowing, value-add assets, reach out to us at https://bobocapitalventures.com/. Follow Keith's social media pages LinkedIn: Keith Borie Investor Club: Secret Passive Cashflow Investors Club Facebook: Keith Borie X: @BoboLlc80554
Jason welcomes rental housing economist Jay Parsons for part 1 of today's podcast. Jay serves as Senior Vice President, Chief Economist for RealPage, leading the Economist and Industry Principal teams to provide deep insights on market trends and consumer behaviors. He is a frequent author and speaker on topics affecting multifamily apartments and single-family rentals, including rental housing investment and asset management strategy, rental housing policy issues, risk mitigation and property management. Jay has been cited in The Wall Street Journal, Bloomberg, The Financial Times, The Economist, and The New York Times, and he has appeared on CNBC and BloombergTV. His commentaries have been published by Barron's, the Pension Real Estate Association, the Mortgage Bankers Association, the National Apartment Association, American Banker and GlobeSt. Jason and Jay discuss the current state and future of rental housing. He highlights the roller coaster nature of the rental market, with a slowdown during the COVID-19 pandemic followed by a surge in demand in 2021. Rent growth has been strong, although it has moderated compared to the previous years. The rental market's performance varies by geography, with some areas experiencing a slowdown while others remain strong. Jay also discusses the influx of new multi-family inventory in the market, which reached a 50-year high due to strong demand and construction activity. While there may be short-term imbalances between supply and demand, Jay emphasizes the long-term need for more housing supply. He believes that the rental market, including both single-family rentals and multi-family apartments, will continue to experience strong demand due to demographic factors. Millennials and Generation Z are entering the market, and the housing market will benefit from their demand for rental properties. However, Jay acknowledges the challenge of providing affordable and workforce housing. Most new construction caters to higher-income households, and building affordable housing is easier said than done. The cost of land, labor, and materials, as well as regulatory restrictions, pose significant obstacles to affordable housing development. Nimbyism (Not In My Backyard) attitudes and opposition from neighbors and local governments further complicate the issue. Jay emphasizes the need to bridge the gap between ideals and practical implementation to address the shortage of affordable housing effectively. Key Takeaways: 0:47 Welcome Jay Parsons; rental rates are closer to normal 2:28 It's all dependent on geography 5:34 Demographics, household formation age and the demand tailwinds 7:35 Building affordable workforce housing 11:28 So many requirements to build cheap new houses which brings the cost way up 12:48 A little hope from Florida 14:23 Moving up or down the socioeconomic ladder 17:00 The rent to income ratio, tracking apples & oranges Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class: Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com
Today, Jason talks about the importance of focusing on rental yields and overall return on investment rather than speculative appreciation. While rental prices have been decelerating, they are still increasing by over 4% annually. Visit https://www.jasonhartman.com/ for property investment information and a free video on how to read a proforma for real estate investment and check out his social media accounts for shorter real estate investing lessons. Jason welcomes rental housing economist Jay Parsons for part 1 of today's podcast. Jay serves as Senior Vice President, Chief Economist for RealPage, leading the Economist and Industry Principal teams to provide deep insights on market trends and consumer behaviors. He is a frequent author and speaker on topics affecting multifamily apartments and single-family rentals, including rental housing investment and asset management strategy, rental housing policy issues, risk mitigation and property management. Jay has been cited in The Wall Street Journal, Bloomberg, The Financial Times, The Economist, and The New York Times, and he has appeared on CNBC and BloombergTV. His commentaries have been published by Barron's, the Pension Real Estate Association, the Mortgage Bankers Association, the National Apartment Association, American Banker and GlobeSt. Jason and Jay discuss the current state and future of rental housing. He highlights the roller coaster nature of the rental market, with a slowdown during the COVID-19 pandemic followed by a surge in demand in 2021. Rent growth has been strong, although it has moderated compared to the previous years. The rental market's performance varies by geography, with some areas experiencing a slowdown while others remain strong. Jay also discusses the influx of new multi-family inventory in the market, which reached a 50-year high due to strong demand and construction activity. While there may be short-term imbalances between supply and demand, Jay emphasizes the long-term need for more housing supply. He believes that the rental market, including both single-family rentals and multi-family apartments, will continue to experience strong demand due to demographic factors. Millennials and Generation Z are entering the market, and the housing market will benefit from their demand for rental properties. However, Jay acknowledges the challenge of providing affordable and workforce housing. Most new construction caters to higher-income households, and building affordable housing is easier said than done. The cost of land, labor, and materials, as well as regulatory restrictions, pose significant obstacles to affordable housing development. Nimbyism (Not In My Backyard) attitudes and opposition from neighbors and local governments further complicate the issue. Jay emphasizes the need to bridge the gap between ideals and practical implementation to address the shortage of affordable housing effectively. Key Takeaways: Jason's editorial 1:17 Rental rates are going up! 2:41 Watch the video crash course on "How to read a Proforma" on https://www.jasonhartman.com/ and follow me on Instagram and Twitter 4:06 My Europe trip, loosing my luggage and standing up to the corporatocracy! 14:21 Uncertain economic outlook keeps renters where they are, pushing cap rates up Jay Parson interview 16:11 Welcome Jay Parsons; rental rates are closer to normal 17:41 It's all dependent on geography 20:47 Demographics, household formation age and the demand tailwinds 22:48 Building affordable workforce housing 26:41 So many requirements to build cheap new houses which brings the cost way up 28:00 A little hope from Florida 29:35 Moving up or down the socioeconomic ladder 32:22 The rent to income ratio, tracking apples & oranges Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class: Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com
Commercial real estate is feeling the impact of high interest rates, slower rent growth, and the banking turmoil, but is that asset class really set to implode? Many of the headlines you see today would lead you to believe that that's going to happen but some real estate insiders say: “Not so fast. We could be in for a buying opportunity.” Hi, I'm Kathy Fettke and this is Real Estate News for Investors. Please remember to subscribe to this podcast and leave us a review. First, let's take a look at what's happening with apartment sales. Commercial real estate data company CoStar just released a preliminary report on first quarter sales that shows a 74% year-over-year drop. That's the biggest slowdown since 2012 except for the second quarter of 2020, when the pandemic shut down the economy. From the start of the year to March 17th, sales were around $10.6 trillion. If the quarter finished with another $2.8 billion in sales, the total would be equal to the second quarter of 2020. (1) Apartment Sale Slowdowns In 2020, apartment sales fell because of the pandemic. Now, sales are slowing down because the Fed has been pushing up interest rates to fight inflation and investors can't make the numbers work. Alex Horn of CoStar News says: “The value of multifamily assets across the United States has started to decline” over the last six months. And he expects valuations to fall further. As dour as that sounds, CoStar reports that multifamily sales are doing better than other kinds of commercial real estate, such as office and industrial. CoStar's Jay Lybik says that multifamily is “still the preferred sector to invest in.” But this kind of data is looking at a “national” snapshot, which doesn't say much about the submarkets, and places where things aren't quite so bad. The Basic Tenets of Real Estate Eric Brody of ANAX Ventures is one of those optimists. ANAX is a real estate developer and lender that provides funding to distressed real estate projects. Brody spoke with Benzinga about the current situation and said: “What are the basic tenets of real estate? Location, location, location and hyper-local markets. Now you have the mainstream media making projections based on a macro scale.” He says that the media should be asking about what asset class in which market and how they structured the deal. (2) He also objects to stories about a big slowdown in construction that's impacting values. According to Brody, you don't count a half built building as worth only half of it's value. He says the values are still there and there's “a lot of stuff under construction right now.” Maturing Debt Creates Investor Opportunities In December, he forecast big buying opportunities in commercial real estate because of all the debt that's maturing. He told GlobeSt.com that a report by Newmark shows “over $1 trillion in loans are coming due in the next two years, and due to rising interest rates, it is expected that repayment conditions will become more challenging, with bridge financing, office, and retail loans being the most at risk.” He said: “In addition to the rising rates because of increased construction costs, rent growth, and political headwinds, real estate will need an infusion of capital to either refinance assets at a lower rate, pay down existing debt, or complete current projects.” (3) But what does that mean for investors with capital? Brody told Benzinga that this creates an opportunistic environment for investors with cash on hand. He says: “It's an incredible moment in time if you have the capital and the expertise.” That's it for a more positive view of the commercial real estate market. You'll find links to the stories I mentioned at newsforinvestors.com. You can also join RealWealth for free while you are there, if you haven't already done so. As a member, you have full access to our website, with data on individual rental markets, sample properties, and experienced investment counselors who can answer questions for qualified investors. If you haven't subscribed to the podcast, please do so! And leave us a review! Thank you! And thanks for listening, Kathy Links: 1 - https://www.costar.com/article/2111442536/us-apartment-sales-on-pace-for-the-slowest-quarter-in-more-than-a-decade 2 - https://www.benzinga.com/real-estate/23/04/31659957/is-commercial-real-estate-dead-dying-or-just-the-subject-of-media-clickbait 3 - https://www.globest.com/2022/12/19/will-investment-sales-recover-in-2023/
In this Real Estate News Brief for the week ending February 11th, 2023... What's ahead for single-family rentals and build-to-rent homes, along with a look at why Los Angeles landlords may be fuming right now, over a new law. Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review. Economic News We begin with economic news from this past week, and comments from Fed Chief Jerome Powell, about last week's surprisingly strong January jobs report. He said of the report: “It was certainly stronger than anyone I know expected.” (1) The blowout report surpassed expectations with 517,000 new jobs, and a decrease in the unemployment rate to 3.4%. (2) With 5 million more jobs than there are workers to fill them, Powell is concerned that competition for workers will lead to continued inflationary wage growth. He says the “disinflationary” process has begun, and expects to see significant declines in inflation this year, but expects it will take more rate hikes, and all of next year to get inflation back to the 2% level, especially with such a strong job market. Powell says: “If we continue to get, for example, strong labor market reports or higher inflation reports, it may well be the case that we have to do more and raise rates more.” On the positive side of the jobs report are comments from Federal Reserve Governor Lisa Cook who believes the Fed's rate hikes “can be accomplished without a large increase in unemployment.” And that raises hope for a “soft landing.” (3) There's still talk that the federal funds rate will peak at 5% to 5.25%. We are currently in the 4.5% to 4.75% range. New York Fed Chief John Williams is among those who see 5% as a peak short-term rate, although he reiterated during an interview with the Wall Street Journal that there is still much work to be done. As for the weekly jobless report, initial claims were 13,000 higher than the week before, but they are still near pandemic lows. The total was 196,000. Continuing claims were up 38,000 to a total of 1.69 million. There has been a gradual increase in those continuing claims which may indicate that it's taking longer for people to find new jobs. (4) Mortgage Rates Mortgage rates ticked up slightly. Freddie Mac says the average 30-year fixed-rate mortgage was 3 basis points higher at 6.12%. The 15-year was 11 points higher at 5.25%. (5) In other news making headlines… Single-Family Rentals Forecast A new analysis by Green Street says that single-family rentals will be “well-positioned” for the next five years. GlobeSt.com reported on the analysis by John Pawlowski who says that single-family rentals will benefit from strong demographics, affordable price points, and limited single-family construction. Pawlowski also expects SFR communities to benefit from the 35 to 44-year old age group which is expected to grow at double the rate of other age groups. He says that many of these communities are in the Southeast, either existing, planned, or under construction. (6) The Green Street report also describes this asset class as “resilient” with a “firm floor” for rents and values. The fact that renting has become more affordable than owning contributes to this outlook. But he does warn about headwinds. He says expects higher operating costs to continue without much relief in sight. That includes costs for repairs, maintenance, and property taxes. There are also political risks ahead for this asset class, due to potential regulation that mainly targets institutional investors. Strong Year for Build-to-Rent New build-to-rent homes are also expected to do well this year. Brad Hunter of Hunter Housing Economics told GlobeSt.com that he expects to see another “up” year with somewhat slower leasing activity. But he sees this as a temporary lull with flat rent growth for the next few quarters. He says: “By this Fall, we'll see rent growth come back again, and probably fairly strongly.” He's predicting rent growth of 5 to 6% by 2025 or even sometime next year. (7) A limited supply of new single-family homes will push demand higher for renters, especially among Millennials with growing families. He says the spotlight is on the Southeast with “continued strong demand and solid performance in BTR, even during 2023, but at an even greater level from 2024 to 2028.” And he says that “Florida is going to be one of the strongest markets… but Georgia and the Carolinas will also see a lot of strong performance.” LA Landlords Hit with New Renter Protection Law Los Angeles is adding another financial burden to the business of being a landlord. The city council approved a new law that would force landlords to pay relocation costs, if they hike rents more than 10%. Relocation costs would be three times the fair market rent, plus another $1,400 in moving expenses. (8) This is just the final part of a tenant protections package that the council put together after Covid emergency measures expired. The new ordinance would apply to tenants in newer homes who are not already covered by existing rent control laws. There are 84,000 of those homes in L.A., all built after 2008. That's it for today. Check the show notes for links at newsforinvestors.com. Please remember to hit the join button to become a RealWealth member. It's free to join, and free to access the data on our site. We just held an all-day virtual live event with property teams from markets across the country. We'll be uploading videos to our website from that event for people who missed it. And don't forget to subscribe to our podcast, and follow me on Instagram for market updates @kathyfettke. Thanks for listening. I'm Kathy Fettke. Links: 1 - https://www.marketwatch.com/story/powell-says-strong-jobs-report-shows-fed-needs-to-keep-raising-rates-but-he-expects-significant-declines-in-inflation-rate-in-2023-11675794928?mod=federal-reserve 2 - https://www.marketwatch.com/story/u-s-adds-517-000-new-jobs-in-january-in-sign-labor-market-still-strong-11675431419?mod=home-page 3 - https://www.reuters.com/markets/us/feds-cook-january-job-gains-increase-hopes-soft-landing-2023-02-08/ 4 - https://www.marketwatch.com/story/jobless-claims-climb-13-000-to-196-000-still-near-pandemic-era-low-11675949780 5 - https://www.freddiemac.com/pmms 6 - https://www.globest.com/2023/02/06/sfr-is-well-positioned-even-as-headwinds-persist/ 7 - https://www.globest.com/2023/02/08/2023-will-be-another-strong-year-for-btr-despite-slowing-rent-growth/ 8 - https://www.dailybreeze.com/2023/02/07/new-law-in-la-landlords-must-pay-relocation-costs-if-they-raise-rents-too-high/