Podcasts about jll

Amanda Metcalf is Editor-in-Chief at Commerce + Communities Today at ICSC. Her job is to stay on top of everything new and noteworthy in the world of retail real estate. Amanda shares the top five trends she is tracking, including stadium districts, medical uses at malls, nostalgia-driven retail, the evolution of specialty leasing and ancillary income, and why Chicago has become a go-to testing ground for new retail concepts. James Cook is the Director of Retail Research in the Americas for JLL.  Subscribe: Apple Podcasts | Spotify  Listen: WhereWeBuy.show  Email: jamesd.cook@jll.com  YouTube: http://everythingweknow.show/ Read more retail research here:  http://www.us.jll.com/retail Theme music is Run in the Night by The Good Lawdz, under Creative Commons license.  

The first full radio ratings since the implosion of the Kyle and Jackie O Show are in – and it’s bad news for KIIS FM and its parent network ARN. Plus, Australians push back against the data-centre boom. Read more: KIISFM’s ratings collapse post Kyle and Jackie ‘O’ era Data centre boom faces ‘immense’ community backlash over project fearsSee omnystudio.com/listener for privacy information.

♻️ The Green Impact Report Quick take: Tanya Eagle has spent her career proving that sustainability isn't a "nice to have" — it's a smarter way to design, operate, and future-proof buildings. In this episode, the LEED Fellow and JLL sustainability leader shares why the future of green building is bigger than certifications and how decarbonization, wellness, resilience, and material health are converging into one holistic strategy.

This week is another quick one, because Brandy got a lower face lift! She tries to keep her talking to a minimum, but Julie makes up for it by raging out for a SOLID 20 minutes about Trump and the Maga delusion surrounding Spencer Pratt. *****CHECK OUT FREE EPISODES OF JULIE & BRANDY'S PATREON PODCAST**********FOLLOW JULIE ON INSTAGRAM & TWITTER****FOLLOW BRANDY ON INSTAGRAM & TWITTER***FOLLOW DUMB GAY POLITICS ON FACEBOOK!****CHECK OUT THEIR T-SHIRTS!***EMAIL THEM! JulieBrandyPodcast@gmail.com******************** Dumb Gay Politics with Julie & Brandy **** Dumb Gay Podcast with Julie & Brandy **** Julie Goldman **** Brandy Howard **** Julie and Brandy *** The People's Couch *** DGP *** Gay Podcast *** Political Podcast *** Lesbian *** Bravo *** Housewives *** Queer *** Liberal **** LGBTQ **** Killer Burlesque *** Host *** Portland *** Denver *** Nightmare on Strip Street *** Funny *** Comedy *** Democrat *** Progressive *** Comedian *** Jewish *** Politics *** Left *** San Francisco *** Minneapolis *** See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

L3 Capital has a simple thesis: location, location, location. They find the streets where people want to be and invest in them. James spoke with Whitney Robinette of L3 Capital about how her firm is building prime urban retail portfolios in neighborhoods like SoHo, Williamsburg, Gold Coast, and Fulton Market. They dig into what makes a great urban retail location, why luxury brands are heading to unexpected places, and how tenant relationships drive the entire strategy.   James Cook is the Director of Retail Research in the Americas for JLL.  Subscribe: Apple Podcasts | Spotify  Listen: WhereWeBuy.show  Email: jamesd.cook@jll.com  YouTube: http://everythingweknow.show/ Read more retail research here:  http://www.us.jll.com/retail Theme music is Run in the Night by The Good Lawdz, under Creative Commons license.  

¿El nearshoring en México ya alcanzó su techo o apenas viene lo mejor?

Wie KI-Agenten, Augmented Reality und Robotics das Integrated Facility Management neu definieren – und warum am Ende alles mit Daten beginnt. KI-Agenten, Augmented Reality und Robotics verlassen die Pilotphase und halten Einzug in das operative Facility Management. Alexandra Pabst, Head of Workplace Management DACH & Netherlands, und Yannic Bülow, Category Manager DACH & CE, JLL, diskutieren, wie neue Technologien, Datenqualität und moderne Führungsansätze die Zukunft des Integrated FM prägen. Den Link zum neuen Newsletter, alle Infos & alle Folgen (auch die alten) gibts unter www.innofm.de. Diese Folge wird unterstützt von - Die Möglichmacher – Facility Management. ____________________________________ Werberpartner dieser Folge ist P&N Kanaltechnik. Das Unternehmen saniert Abwasser-Fallstränge mit einer innovativen Spray-Coating-Methode – schnell, kostengünstig und ohne das aufwändige Aufstemmen von Wänden oder Fliesen. Mehr Informationen zur Technologie und den Einsatzmöglichkeiten gibt es unter www.pundn-kanaltechnik.de. ____________________________________ Der InnoFM Podcast war über viele Jahre untrennbar mit dem Namen Markus Thomzik verbunden. Mit großer Leidenschaft, tiefem Fachwissen und echter Neugier hat er Gespräche geführt, die die Facility-Management- und Immobilienbranche bewegt haben. Leider ist Markus 2025 verstorben. Sein viel zu früher Tod hinterlässt eine große Lücke – nicht nur in der Podcast-Landschaft, die er mit InnoFM geprägt hat, sondern vor allem in der Community, die er mit aufgebaut und inspiriert hat. Ab September 2025 wird der InnoFM Podcast von DIGITALWERK produziert. Mit Christian Schlicht als neuem Host gewinnt das Format eine neue Stimme – die den Geist von InnoFM bewahrt und zugleich neue Impulse setzt. Wir danken Markus für seine inspirierende Arbeit – und führen sie in seinem Sinne weiter. InnoFM ist eine Produktion von DIGITALWERK/The Accelerate Company. 00:00 Darum gehts in der Folge 05:20 Warum klassische FM-Richtlinien heute schneller veralten denn je 07:20 Wo die FM-Branche bei Digitalisierung und KI wirklich steht 10:00 Mixed Target Operating Models: Menschen und KI-Agenten im Zusammenspiel 13:30 Wie Kunden, Dienstleister und Partner gemeinsam Innovation vorantreiben 17:00 Daten, BIM und die Notwendigkeit, Silos aufzubrechen 19:30 Die wichtigsten Technologietreiber: KI-Agenten, AR und Robotics 22:00 Leadership als unterschätzter Erfolgsfaktor der Transformation 26:10 Reality Check: Was Robotics heute kann – und was noch nicht 28:20 Wie KI und AR den Alltag einer FM-Geschäftsführerin verändern 31:30 Praxisbeispiele für KI-Agenten im Facility Management 37:40 Die GEFMA-Zukunftswerkstatt und die Zukunft des FM 41:20 Wie man in einer exponentiellen Technologiewelt am Ball bleibt 45:00 Fazit: Mut, Datenqualität und Kollaboration als Erfolgsfaktoren  

This week, Julie & Brandy welcome back BridgieNix Scheiner, as she fights to become the Democratic nominee for Lieutenant Governor of Nevada. Spread the word, and vote for BridgieNix in the Nevada Primary Election on June 9th!! Bridgie is truly destined for greatness in this country, and Nevada would be lucky to get her first. *****CHECK OUT FREE EPISODES OF JULIE & BRANDY'S PATREON PODCAST**********FOLLOW JULIE ON INSTAGRAM & TWITTER****FOLLOW BRANDY ON INSTAGRAM & TWITTER***FOLLOW THEM ON FACEBOOK!****CHECK OUT THEIR T-SHIRTS!***EMAIL THEM! JulieBrandyPodcast@gmail.com**********DEALS FROM OUR SPONSORS!** ZBIOTICS PRE-ALCOHOL PROBIOTIC DRINK: Get 15% off at zbiotics.com/dumbgaypodcast and enter code dumbgaypodcast at checkout. ****************** Dumb Gay Politics with Julie & Brandy **** Dumb Gay Podcast with Julie & Brandy **** Julie Goldman **** Brandy Howard **** Julie and Brandy *** The People's Couch *** DGP *** Gay Podcast *** Political Podcast *** Lesbian *** Bravo *** Housewives *** Queer *** Liberal **** LGBTQ **** Killer Burlesque *** Host *** Portland *** Denver *** Nightmare on Strip Street *** Funny *** Comedy *** Democrat *** Progressive *** Comedian *** Jewish *** Politics *** Left *** San Francisco *** Minneapolis *** See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Zack Teachout and Austin Mayer are with Hovercraft, a creative design practice that builds brand experiences for clients like Nike, Coinbase, Taco Bell, and BetMGM. They explain what it takes to get people away from their screens and into the real world. They share how Hovercraft designs retail spaces, temporary activations, and immersive installations that blend physical environments with technology. The conversation covers standout projects including a robotic basketball experience for Coinbase at NBA All-Star, a golf tournament activation for Taco Bell and Bad Birdie, and an interactive LED basketball court built inside an abandoned Las Vegas nightclub for BetMGM. Teachout and Mayer also discuss how they measure success, why shorter timelines often produce their best work, and the principles behind creating experiences that draw people in and keep them engaged. James Cook is the Director of Retail Research in the Americas for JLL.  Subscribe: Apple Podcasts | Spotify  Listen: WhereWeBuy.show  Email: jamesd.cook@jll.com  YouTube: http://everythingweknow.show/ Read more retail research here:  http://www.us.jll.com/retail Theme music is Run in the Night by The Good Lawdz, under Creative Commons license.  

Adam Dunn is a Managing Director in the Boston, MA office for Berkadia with over 12 years of experience in commercial real estate and finance. Mr. Dunn specializes in multifamily housing investment advisory and equity placement across New England. Prior to joining Berkadia in December 2021, he was a Senior Director at JLL. Prior to JLL, he worked in property management operations with Archstone. During his career, Mr. Dunn has been involved in more than $4 billion of transactions and has professionally managed a portfolio of apartments valued at more than $500 million. Connect with Jon Dwoskin: Twitter: @jdwoskin Facebook: https://www.facebook.com/jonathan.dwoskin Instagram: https://www.instagram.com/thejondwoskinexperience/ Website: https://jondwoskin.com/LinkedIn: https://www.linkedin.com/in/jondwoskin/ Email: jon@jondwoskin.com Get Jon's Book: The Think Big Movement: Grow your business big. Very Big! Connect with Adam Dunn:Website: https://berkadia.com LinkedIn: https://www.linkedin.com/in/adamdunncre/

The week, Julie & Brandy introduce their new segment “Libs in America” with Reality Star & Libfluencer™, Tevin Davis. *****CHECK OUT FREE EPISODES OF JULIE & BRANDY'S PATREON PODCAST**********FOLLOW JULIE ON INSTAGRAM & TWITTER****FOLLOW BRANDY ON INSTAGRAM & TWITTER***FOLLOW THEM ON FACEBOOK!****CHECK OUT THEIR T-SHIRTS!***EMAIL THEM! JulieBrandyPodcast@gmail.com*********FOLLOW TEVIN ON ALL HIS SOCIALS (VIA LINKTREE)CHECK OUT TEVIN'S INTERVIEW WITH VA GOVERNOR ABIGAIL SPANBERGER********************* Dumb Gay Politics with Julie & Brandy **** Dumb Gay Podcast with Julie & Brandy **** Julie Goldman **** Brandy Howard **** Julie and Brandy *** The People's Couch *** DGP *** Gay Podcast *** Political Podcast *** Lesbian *** Bravo *** Housewives *** Queer *** Liberal **** LGBTQ **** Killer Burlesque *** Host *** Portland *** Denver *** Nightmare on Strip Street *** Funny *** Comedy *** Democrat *** Progressive *** Comedian *** Jewish *** Politics *** Left *** San Francisco *** Minneapolis *** See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Recording live from the JLL booth in the final hours of ICSC Las Vegas 2026, Naveen Jaggi,  President, Retail Advisory Services for the Americas at JLL joins James Cook and Keisha Virtue to sum up the trends and themes from the largest commercial real estate conference in the world. Naveen shares his take on the state of retail leasing and the surprising resurgence of Class B and C malls. He also discusses the stressed consumer, the rise of value and discount retailers, the explosive growth of entertainment concepts in retail spaces, the expansion of Korean beauty and cosmetics brands into the US market, and how global retail markets compare.  Keisha Virtue is the Retail Research Manager in the Americas for JLL. James Cook is the Director of Retail Research in the Americas for JLL.  Subscribe: Apple Podcasts | Spotify  Listen: WhereWeBuy.show  Email: jamesd.cook@jll.com  YouTube: http://everythingweknow.show/ Read more retail research here:  http://www.us.jll.com/retail Theme music is Run in the Night by The Good Lawdz, under Creative Commons license.  

This week, I sat down with Lord Walker, Executive Chair of Iceland Food Group, Founder and Chairman of Bywater, and the Prime Minister's Cost of Living Champion. Richard started his property career on the JLL graduate scheme in the West End before moving to Warsaw to build a value-add business across Eastern Europe. After returning to the UK, Bywater spent several years searching for its niche before the former Costa Roastery site in Lambeth became Paradise - one of the UK's largest CLT mass timber office buildings. That project helped bring in Sumitomo Forestry, a 400-year-old Japanese partner, and gave Bywater the platform to scale into timber-led workspaces and living assets. In this conversation, Richard talks about patient capital, building through the GFC, why "long term greedy" shapes both Bywater and Iceland, how purpose and profit can sit together, and what his new role in the House of Lords means for his work around the cost of living. We also discuss Iceland's growth into a £4.5bn family-owned retailer, his year working on the shop floor, climbing Everest in 2023, and why resilience has been central to every stage of his career. ⸻ Key Topics Covered in This Episode ✅ From The West End To Warsaw Lessons from the JLL grad scheme and building in Eastern Europe through the GFC. ✅ Paradise, Vauxhall & The Mass Timber Thesis How the CLT office in Vauxhall became the deal that defined Bywater. ✅ Sumitomo And The Power Of Patient Capital Why a 400-year-old Japanese partner is rewriting how Bywater thinks about cycles and product. ✅ Scaling Beyond Offices £1 billion GDV by year end, a new pension-fund vehicle, and the move into living. ✅ Long Term Greedy Why purpose-led businesses last longer and why Gen Z is voting with their feet. [This episode was recorded on 16th April 2026] If you have thoughts or questions about this episode, drop them in the comments. I'd love to hear your take. The People Property Place Podcast is powered by Rockbourne, recruiting leadership talent for real estate funds, owners, investors, and developers. LIKE SHARE SUBSCRIBE

Naked Farmer is a fast casual restaurant chain that launched in Florida about six years ago with a plan to offer good meals with ingredients sourced from local farms. CEO and founder Jordan Johnson explains how the company builds direct relationships with Southeast farmers, plans seasonal menus nine to 12 months in advance, and applies fine dining culinary techniques in a fast casual setting. Johnson also discusses the company's origin story, including pivoting to a digital farmer's market during the pandemic, the challenges of entering new markets like Nashville and Charlotte, what makes an ideal restaurant location, and upcoming spring menu items like crispy sesame tofu and cucumber ranch salad. Now with 10 locations across Florida, North Carolina, and Tennessee, Johnson shares his vision for scaling regionally while keeping the mission of fixing the food supply system at the center of the brand. James Cook is the Director of Retail Research in the Americas for JLL.  James Cook is the director of retail research in the Americas for JLL.  Subscribe: Apple Podcasts | Spotify  Listen: WhereWeBuy.show  Email: jamesd.cook@jll.com  YouTube: http://everythingweknow.show/ Read more retail research here:  http://www.us.jll.com/retail Theme music is Run in the Night by The Good Lawdz, under Creative Commons license.  

After last week's nightmare Supreme Court ruling, Julie & Brandy thought things couldn't get any worse in the redistricting war, but they were dead wrong. Things have gotten much, much worse. **********CHECK OUT FREE EPISODES OF JULIE & BRANDY'S PATREON PODCAST**********FOLLOW JULIE ON INSTAGRAM & TWITTER****FOLLOW BRANDY ON INSTAGRAM & TWITTER***FOLLOW THEM ON FACEBOOK!****CHECK OUT THEIR T-SHIRTS!***EMAIL THEM! JulieBrandyPodcast@gmail.com****Get a Cameo from Black Trump! https://www.cameo.com/tdaddy2488?qid=1770156674&aaQueryId=31f2ace928e25faca6a7f7779ef01a51**************** Dumb Gay Politics with Julie & Brandy **** Dumb Gay Podcast with Julie & Brandy **** Julie Goldman **** Brandy Howard **** Julie and Brandy *** The People's Couch *** DGP *** Gay Podcast *** Political Podcast *** Lesbian *** Bravo *** Housewives *** Queer *** Liberal **** LGBTQ **** Killer Burlesque *** Host *** Portland *** Denver *** Nightmare on Strip Street *** Funny *** Comedy *** Democrat *** Progressive *** Comedian *** Jewish *** Politics *** Left *** San Francisco *** Minneapolis *** See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Mike Bennett was an unemployed artist in Portland, Oregon when he created a public art project that captured the imagination of the city during the pandemic. He then created art popups in increasingly large retail spaces, then Wonderwood Indoor Mini Golf & Cafe, and then The Portland Aquarium, an indoor cartoon aquarium. Bennett and his business partner Teddy Albertson discuss these spaces, their plans for their new Zooquarium brand, and how they're turning vacant retail spaces into community-driven immersive destinations that are getting national attention. James Cook is the Director of Retail Research in the Americas for JLL.  Subscribe: Apple Podcasts | Spotify  Listen: WhereWeBuy.show  Email: jamesd.cook@jll.com  YouTube: http://everythingweknow.show/ Read more retail research here:  http://www.us.jll.com/retail Theme music is Run in the Night by The Good Lawdz, under Creative Commons license.  

In this episode of Moving Into the Future, host Jack Macejka speaks with Komilla Chadha, Senior Vice President at JLL, about how organizations structure and manage real estate portfolios across global markets. The discussion centers on how strategy shifts when operating across regions with different economic conditions, regulatory environments, and workplace expectations. Komilla outlines the importance of aligning corporate objectives with local business needs while maintaining consistency across a global framework. The conversation also covers how companies respond to cost pressures, lease decisions and changing space requirements in a market defined by uncertainty and rapid change. Key themes include stakeholder coordination, the role of data in decision-making and the growing emphasis on flexibility within portfolio strategy. Catch more episodes at https://theadvancegrp.com/happenings/podcast/See omnystudio.com/listener for privacy information.

Enterprise Knowledge CEO Zach Wahl speaks with Aman Bhatnagar, Director of Global Knowledge Management at JLL. With over 18 years of leadership in KM, strategic planning, and content strategy, Aman leverages data analytics to optimize processes and implement innovative solutions for enhanced knowledge sharing and organizational performance.In this conversation, Zach and Aman discuss selling KM to leadership, the importance of adapting the narrative of KM to different audiences, and the distinction between "knowledge" and "information." They also chat about how JLL is applying AI within the organization, and how critical the underlying data is to supporting successful solutions in the long-term.---Comment below to tell us how your organization is applying AI, or to ask any questions you have for our Knowledge Cast hosts! They may be answered in a future episode.---To learn more about Enterprise Knowledge, visit us at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠enterprise-knowledge.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.EK's Knowledge Base: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://enterprise-knowledge.com/knowledge-base/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Contact Us: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://enterprise-knowledge.com/contact-us/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/company/enterprise-knowledge-llc/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Twitter/X: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://twitter.com/ekconsulting⁠⁠⁠

Sam Wang is Co-Founder and CEO of Mirra Immersive LLC, the creator of Mirra Arena, a competitive social VR arena that combines multiplayer active gameplay with large-format LED spectator displays. Wang explains how he and his partner conceived the concept during the pandemic and built a proprietary system where up to eight players compete in VR while friends watch the action on a massive screen in real time. He covers the company's flagship venue in Bellevue, Washington, its expansion through licensing deals in China, and the challenge of making location-based entertainment profitable. Wang also discusses the role of AI in personalizing the game experience and how his background in film, including work on Jackie Chan movies and the 2008 Beijing Olympic opening ceremony, shaped his approach to creating cinematic, accessible games for a broad audience. James Cook is the Director of Retail Research in the Americas for JLL.  Subscribe: Apple Podcasts | Spotify  Listen: WhereWeBuy.show  Email: jamesd.cook@jll.com  YouTube: http://everythingweknow.show/ Read more retail research here:  http://www.us.jll.com/retail Theme music is Run in the Night by The Good Lawdz, under Creative Commons license.  

The CEO of Qualcomm joins the show with the stock surging after results. The company saying it has a new mystery hyperscalers customer which it will reveal in the coming months. Plus, the CEO of commercial real estate firm JLL on earnings and the opportunity in data centers. Then CNBC speaking with sources, confirming Meta plans to tap the bond market in an effort to raise $20-25B. The stock falling on concerns over its capex plans. And can consumers expect any relief at the pump with gas prices at 2022 highs? We discuss. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

This week, Julie & Brandy discuss the shooting at the White House Correspondents' Dinner. It's a heavy subject, but the girls try to approach it with humor and levity (after all, not a single person was hurt). Everyone is not going to agree with every take, and that's okay! Come for the humor, stay for the rage, and get ready to hear the most unique manifesto anyone has ever written (outside of Jerry Maguire). *****CHECK OUT FREE EPISODES OF JULIE & BRANDY'S PATREON PODCAST**********FOLLOW JULIE ON INSTAGRAM & TWITTER****FOLLOW BRANDY ON INSTAGRAM & TWITTER***CHECK OUT THEIR T-SHIRTS!***EMAIL THEM! JulieBrandyPodcast@gmail.com****GET A CAMEO FROM BLACK TRUMP!***DEALS FROM OUR SPONSORS!** NUTRAFOL: Save $15 off your first month subscription + free shipping. Go to www.Nutrafol.com and enter promo code DGP at checkout. **************** Dumb Gay Politics with Julie & Brandy **** Dumb Gay Podcast with Julie & Brandy **** Julie Goldman **** Brandy Howard **** Julie and Brandy *** The People's Couch *** DGP *** Gay Podcast *** Political Podcast *** Lesbian *** Bravo *** Housewives *** Queer *** Liberal **** LGBTQ **** Killer Burlesque *** Host *** Portland *** Denver *** Nightmare on Strip Street *** Funny *** Comedy *** Democrat *** Progressive *** Comedian *** Jewish *** Politics *** Left *** San Francisco *** Minneapolis *** See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Carrie Charleston is Vice President-Head of Leasing at Mall of America, the 5.6-million-square-foot shopping, entertainment, and dining destination in Bloomington, Minnesota, owned by Triple Five Group. Carrie discusses the wave of new brands debuting at Mall of America—from SKIMS and Alo Yoga to Pop Mart and Miniso—and the growing influence of Asian retail and K-pop culture on the tenant mix. She also covers the property's marquee entertainment offerings, including Nickelodeon Universe and Sea Life Aquarium, the rise of competitive socializing concepts like Activate and Escape Games, and plans for a future water park expansion. Charleston explains how social media and influencer culture drive foot traffic, and how Mall of America collaborates with sister properties West Edmonton Mall and American Dream to offer retailers a unique portfolio of mega-destinations. This interview was recorded at Entertainment Experience Evolution 2026, a conference by InterFace Conference Group, which is a division of France Media Inc. James Cook is the Director of Retail Research in the Americas for JLL.  Subscribe: Apple Podcasts | Spotify  Listen: WhereWeBuy.show  Email: jamesd.cook@jll.com  YouTube: http://everythingweknow.show/ Read more retail research here:  http://www.us.jll.com/retail Theme music is Run in the Night by The Good Lawdz, under Creative Commons license.  

This week, Julie & Brandy read the Internet. Topics Include: Kaitlyn Jenner, the Military + Trump, Pam Bondi, Kash Patel, Joe Rogan, RFK Jr, the Pope, and psychedelic drugs. It sounds good on paper, but keep your expectations low. *****CHECK OUT FREE EPISODES OF JULIE & BRANDY'S PATREON PODCAST**********FOLLOW JULIE ON INSTAGRAM & TWITTER****FOLLOW BRANDY ON INSTAGRAM & TWITTER***CHECK OUT THEIR T-SHIRTS!***EMAIL THEM! JulieBrandyPodcast@gmail.com****CHECK OUT BETSY SALKIND'S YOUTUBE FOR MORE HILARIOUS RFK JR CONTENT!***DEALS FROM OUR SPONSORS!** ZBIOTICS PRE-ALCOHOL PROBIOTIC DRINK: Get 15% off at zbiotics.com/dumbgaypodcast and enter code dumbgaypodcast at checkout. ****************************** Dumb Gay Politics with Julie & Brandy **** Dumb Gay Podcast with Julie & Brandy **** Julie Goldman **** Brandy Howard **** Julie and Brandy *** The People's Couch *** DGP *** Gay Podcast *** Political Podcast *** Lesbian *** Bravo *** Housewives *** Queer *** Liberal **** LGBTQ **** Killer Burlesque *** Host *** Portland *** Denver *** Nightmare on Strip Street *** Funny *** Comedy *** Democrat *** Progressive *** Comedian *** Jewish *** Politics *** Left *** San Francisco *** Minneapolis *** See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Emily Crutcher, Senior Vice President of JLL's Government and Education Division, and Elsa Wilson, Senior Analyst in Research at JLL, join the show to discuss their analysis of 18 university anchored innovation districts across the United States. They explain how these districts — from Stanford Research Park to Kendall Square — foster innovation through concentrations of research institutions, startups, corporate partners, and venture capital. Office properties in these districts command up to a 36% rent premium and retail rents see a 28% premium compared to national benchmarks. The conversation covers case studies in Cambridge, Pittsburgh, and at Arizona State University, the role of entrepreneurial retail concepts in activating these districts, and why innovation districts are increasingly relevant for investors, occupiers, and public sector leaders. James Cook is the Director of Retail Research in the Americas for JLL.  Subscribe: Apple Podcasts | Spotify  Listen: WhereWeBuy.show  Email: jamesd.cook@jll.com  YouTube: http://everythingweknow.show/ Read more retail research here:  http://www.us.jll.com/retail Theme music is Run in the Night by The Good Lawdz, under Creative Commons license.  

There's been many headlines suggesting people and companies are leaving New York City en masse. But is that really the case, or does the data indicate a difference story? Kevin Kelly, who leads a team of data scientists and real estate brokers at JLL, had his team turn its sights on the Big Apple to see if there is any truth to the assertion that New York is a city in decline. (04/2026)

There's been many headlines suggesting people and companies are leaving New York City en masse. But is that really the case, or does the data indicate a difference story? Kevin Kelly, who leads a team of data scientists and real estate brokers at JLL, had his team turn its sights on the Big Apple to see if there is any truth to the assertion that New York is a city in decline. (04/2026)

Colliers' National Director of Healthcare Shawn Janus discusses the shift to outpatient care, medtail, AI in clinical settings, and why healthcare real estate keeps growing regardless of cycles. 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.   Shawn Janus has spent more than 30 years building national healthcare real estate platforms, first at Lillibridge, then JLL, and now Colliers, where he serves as National Director of Healthcare. He has worked on both the principal and advisory sides of the business, giving him a perspective most people in this niche never develop. In this episode, Shawn joins host Adam Siegel for a conversation about building a national healthcare practice, why the shift from inpatient to outpatient is accelerating, what AI is doing in clinical settings today, and why someone once told him healthcare was boring. Shawn Janus's background and 30 years in CRE From accounting at Peat Marwick to commercial real estate A fraternity connection that led him into healthcare real estate The first private REITs and the institutionalization of the asset class Growing platforms from the ground up: Lillibridge, JLL, and Colliers What it takes to build a national healthcare brokerage platform Culture, brand, training, and the partnership model Why healthcare real estate is still a relationship business Advising REITs, developers, health systems, and physician groups How a principal background makes a better advisor MOBs are now MOPs: why the vernacular shift matters Healthcare as the tortoise: steady gains, no dramatic crashes Slow decision-making, government reimbursement, and payer mix What is driving the shift from inpatient to outpatient care Demographics, home health, technology, and consumer expectations Is enough being built to meet the coming demand? No. Physician shortages and the workforce crisis keeping C-suite up at night Why office conversions rarely work — and why retail does Medtail: parking, open floor plates, ceiling heights, and flexibility Does medical traffic help or hurt retail co-tenants? Where AI is making an impact: diagnostics and back office Robotics in surgical settings and flexible space design Telehealth, waiting room shrinkage, and throughput efficiency What will drive healthcare real estate over the next three to five years Tracking federal reimbursement, CMS, and lobbying activity weekly Step back from the micro and read the macro Geographic markets and following the demographic growth states Need never goes away and change creates opportunity Behavioral health, rehab, and the specialty areas growing fastest Rapid fire: $10M stabilized outpatient, worst advice, contrarian take   About Shawn Janus: As National Director | Healthcare for the USA, Shawn's focus is to cultivate a strong, value-driven platform in the healthcare space, allowing Colliers to raise the bar in delivering innovative and successful solutions to our healthcare clients.   Shawn brings more than 30 years of commercial real estate experience, including more than 20 years dedicated to the healthcare real estate sector.  He has held senior positions as both principal and advisor.  Shawn's clients have included health systems, hospitals, physician groups and third party owners/developers.  He prides himself on understanding the drivers of the healthcare industry, and applying that knowledge to help clients develop real estate strategies which support their vision and achieve their goals.   Prior to joining Colliers, Shawn served at Caddis Healthcare Real Estate as Managing Director, where he was responsible for new business development and executive leadership of healthcare real estate projects throughout the Midwestern U.S.  Previously, he served in leadership positions at Pacific Medical Buildings, JLL, and Lillibridge.  During his tenure as Managing Director, Healthcare Solutions for JLL, Shawn was responsible for the strategy, business plan and organizational structure of the firm's healthcare practice. 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.

Tucker Trotter is CEO of Dimensional Innovations, and Spencer Farley is Practice Director of Entertainment and Hospitality. They discuss Atlas9, an immersive experience in Kansas City themed around a 1990s movie theater where films have come to life. They explain how the concept was born during COVID, the role of live performers, and the gamification and narrative elements that drive repeat visits. They also cover the venue's food and beverage offerings, corporate event demand, expansion plans, and the company's other projects, including the Theodore Roosevelt Presidential Library and projects with major sports and entertainment brands. James Cook is the Director of Retail Research in the Americas for JLL.  Subscribe: Apple Podcasts | Spotify  Listen: WhereWeBuy.show  Email: jamesd.cook@jll.com  YouTube: http://everythingweknow.show/ Read more retail research here:  http://www.us.jll.com/retail Theme music is Run in the Night by The Good Lawdz, under Creative Commons license.    

Are organisations overlooking one of the most important drivers of employee experience and performance? For many, the workplace is still treated as a fixed asset - something to manage for cost and capacity, rather than something to actively design around how work actually happens. In this episode of the Digital HR Leaders podcast, host David Green is joined by Phil Kirschner, Workforce Experience Consultant and author of the famous newsletter, The Workline, to explore why workplace strategy continues to sit outside of core HR and people analytics conversations - and why that needs to change. Drawing on his experience across Credit Suisse, JLL, WeWork, and McKinsey, Phil shares a more practical view of what organisations are missing - from the lack of basic workplace data, to the assumptions that still shape many workplace decisions today. So, hit play to learn more about: Why workplace strategy is still disconnected from workforce strategyThe key data points organisations should be trackingHow leading organisations are starting to think differently about the purpose of the officeWhat the “Chief Work Officer” role looks like in practiceWhy AI is increasing - not reducing - the importance of workplace and experience designThis episode is sponsored by Visier. Visier Workforce AI is your GPS for workforce decisions. Spot attrition risk, uncover pay gaps, measure leadership impact, and track skills shortages before they slow growth. Then act. Align talent to real business outcomes. Across industries, HR and business leaders are using Visier Workforce AI to navigate the biggest workforce shifts of our time. Move from knowing to doing, faster. See it in action at visier.com Also, make sure to read to explore Visier's latest research on strategic workforce planning in the AI era. Resources: The Workline newsletter Hosted on Acast. See acast.com/privacy for more information.

Grant came in hot with Spanish wine in hand to unpack the evolving office market in South Florida and what tenants are really thinking right now.Grant is a true Miami local and currently a First Vice President at CBRE. He brings nearly 15 years of experience representing office users, with a background that spans both landlord and tenant perspectives. Before joining CBRE, he spent close to a decade at JLL, where he worked on some of Miami's most prominent office assets, including Espirito Santo Plaza and 1221 Brickell.We get into how the tenant mindset has shifted post-COVID, what companies are prioritizing today when making office decisions, and how landlords are adapting to compete. Grant also shares how his early experience working for institutional owners shaped the way he negotiates on behalf of tenants, often unlocking creative structures and meaningful cost savings.This conversation is a deep dive into the real dynamics behind office leasing today, from deal strategy and underwriting to what actually drives decision-making at the tenant level.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.

Kevin Vuong is SVP of Global Store and Workplace Experience at Capri Holdings, the parent company of Michael Kors. Kevin talks about how the brand is redefining its signature "jet set" lifestyle for a new generation of customers, including the rollout of Jet Set Lounges with food and beverage in flagship stores in New York, London, and Beijing. He also covers the brand's award-winning popup activations at Galeries Lafayette, rising construction costs and tariff planning, an ambitious plan to renovate half of the company's global store fleet, sustainability efforts including LEED certification, and why he finds inspiration in the grit and diversity of New York City. This episode was recorded in front of a live audience at the 2026 Luxury Retail Leaders Summit at The Beekman in New York. James Cook is the Director of Retail Research in the Americas for JLL.  Subscribe: Apple Podcasts | Spotify  Listen: WhereWeBuy.show  Email: jamesd.cook@jll.com  YouTube: http://everythingweknow.show/ Read more retail research here:  http://www.us.jll.com/retail Theme music is Run in the Night by The Good Lawdz, under Creative Commons license.  

Phil Colicchio is co-founder of Central Perk Coffee Company and head of Colicchio Consulting. Phil shares the origin story of how a pitch meeting at Warner Bros. about a sandwich concept unexpectedly led to a license for the globally iconic Central Perk brand from the hit TV show Friends. He discusses the challenges of raising capital without owning the intellectual property, the decision to test the concept in Boston before opening in Times Square, and lessons learned from early operational mistakes. He also covers the company's growth plans, its hub-and-spoke expansion strategy, and why quality and hospitality remain at the core of the brand. James Cook is the Director of Retail Research in the Americas for JLL.  Subscribe:  Apple Podcasts | Spotify  Listen: WhereWeBuy.show  Email: jamesd.cook@jll.com  YouTube: http://everythingweknow.show/ Read more retail research here:  http://www.us.jll.com/retail Theme music is Run in the Night by The Good Lawdz, under Creative Commons license.

This week, Julie & Brandy talk about America's continuing attack on Iran, despite the fact that no one else seems to be reporting on it?? Also, Markwayne Mullin is expected to replace Kristi Noem as the Secretary of the Department of Homeland Security (and that's been going great!). *******CHECK OUT FREE EPISODES OF JULIE & BRANDY'S PATREON PODCAST**********FOLLOW JULIE ON INSTAGRAM & TWITTER****FOLLOW BRANDY ON INSTAGRAM & TWITTER***CHECK OUT THEIR T-SHIRTS!***EMAIL THEM! JulieBrandyPodcast@gmail.com****Get a Cameo from Black Trump! https://www.cameo.com/tdaddy2488?qid=1770156674&aaQueryId=31f2ace928e25faca6a7f7779ef01a51**************** Dumb Gay Politics with Julie & Brandy **** Dumb Gay Podcast with Julie & Brandy **** Julie Goldman **** Brandy Howard **** Julie and Brandy *** The People's Couch *** DGP *** Gay Podcast *** Political Podcast *** Lesbian *** Bravo *** Housewives *** Queer *** Liberal **** LGBTQ **** Killer Burlesque *** Host *** Portland *** Denver *** Nightmare on Strip Street *** Funny *** Comedy *** Democrat *** Progressive *** Comedian *** Jewish *** Politics *** Left *** San Francisco *** Minneapolis ***See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Paul Sill uses data and predictive analytics to help retailers, restaurants, and other brick-and-mortar businesses make site selection decisions. Paul explains the critical difference between correlation and causation in retail data, explaining that misreading data can lead to costly mistakes. He also discusses how new data sources like social media behavior and mobile foot traffic are shaping modern site selection, why AI still can't replace human judgment in real estate modeling, and the importance of validating instincts with data. Paul, who also teaches at DePaul University, emphasizes that good analytics are about mitigating risk, not providing easy answers. Paul Sill is Managing Director and Head of the Visionary Insights Group at JLL, James Cook is the Director of Retail Research in the Americas for JLL.  Subscribe: Apple Podcasts | Spotify  Listen: WhereWeBuy.show  Email: jamesd.cook@jll.com  YouTube: http://everythingweknow.show/ Read more retail research here:  http://www.us.jll.com/retail Theme music is Run in the Night by The Good Lawdz, under Creative Commons license.    

Walter Wahlfeldt is Midwest Retail Lead at JLL. He discusses the state of retail real estate in Chicago, from the recovery of the central business district to the evolving Magnificent Mile. He covers return-to-office trends, shifting retail rents, the grocery wars heating up in the market, and what makes Chicago a top-five destination for expanding retailers. Wahlfeldt also shares lessons from his own experience as a former bakery owner and what he looks for when evaluating retail concepts. James Cook is the Director of Retail Research in the Americas for JLL.  Subscribe: Apple Podcasts | Spotify  Listen: WhereWeBuy.show  Email: jamesd.cook@jll.com  YouTube: http://everythingweknow.show/ Read more retail research here:  http://www.us.jll.com/retail Theme music is Run in the Night by The Good Lawdz, under Creative Commons license.  

My guest today is Maxime Guirauton, Vice President and Global Head of Marketing and Sales Development at Visa, where he's helping power the engine behind Visa Direct and driving demand across markets, regions and time zones. Before Visa, Maxime was the CMO at Currencycloud, the cross-border payments platform that Visa acquired. And earlier in his career, he led major brand and growth work at Samsung Electronics and JLL. He's lived inside global enterprises, high-growth tech and complex B2B ecosystems, and he knows what it takes to build brands that actually move revenue. He's also the cohost of Visa's "Money Travels" podcast, where he sits down with industry leaders to unpack the future of money movement and marketing innovation.

As part of my ongoing research for the podcast, I've been using AI to help streamline information gathering. That, in itself, is not too controversial. If you're tracking multiple markets, multiple asset classes, and multiple sources of institutional research, there's nothing unreasonable about wanting a faster way to collect reports, summarize themes, and identify what's changed.I installed an autonomous AI agent on my computer. I asked the agent to locate and download any new research reports from the major brokerages, CBRE, JLL, Marcus & Millichap, Colliers, and others. In my mind, that was a simple productivity task. Go find the latest market reports, download them, organize them, and save me the repetitive work. I asked it to perform this task every Sunday morning so that I would have a fresh download of reports to choose from each week.Some of the websites accepted normal interaction. Some did not. A number of them rejected queries that appeared to come from automated sources. In some cases, even with valid login credentials, the websites still resisted the activity.And this is where the experience changed.The agent became more persistent than I was comfortable with. It interpreted the blocked access not as a signal to stop, but as a problem to solve. It began trying alternate paths to achieve the objective. I didn't compromise the website and I didn't get access to files that I could not otherwise get through a browser interface. I'm not going to get into methods, because that's not the point, and frankly that's where the ethical and legal lines become very important. But in that moment, I realized something profound. Without intending to, I had placed myself in the role of someone effectively attempting to circumvent the security controls of a brokerage website.-------------**Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1)   iTunes: [The Real Estate Espresso Podcast](https://podcasts.apple.com/ca/podcast/the-real-estate-espresso-podcast/id1340482613)   Website: [www.victorjm.com](http://www.victorjm.com)   LinkedIn: [Victor Menasce](http://www.linkedin.com/in/vmenasce)   YouTube: [The Real Estate Espresso Podcast](http://www.youtube.com/@victorjmenasce6734)   Facebook: [www.facebook.com/realestateespresso](http://www.facebook.com/realestateespresso)   Email: [podcast@victorjm.com](mailto:podcast@victorjm.com)  **Y Street Capital:** Website: [www.ystreetcapital.com](http://www.ystreetcapital.com)   Facebook: [www.facebook.com/YStreetCapital](https://www.facebook.com/YStreetCapital)   Instagram: [@ystreetcapital](http://www.instagram.com/ystreetcapital)  

Episode 193 is a conversation with James Dice and Brad Bonavida from Nexus Lab, as well as Kelly Burke from JLL. In this episode of the Nexus Podcast, the Nexus Labs team breaks down the top stories relevant to energy managers, facility managers, IT/OT managers, and workplace managers. Find full show notes and episode transcript on The Nexus Podcast: Episode 193 webpage. Sign-up (or refer a friend!) to the Nexus Newsletter. Learn more about The Smart Building Strategist Course and the Nexus Courses Platform. Check out the Nexus Labs Marketplace. Learn more about Nexus Partnership Opportunities.

Uli Stosch is Chief Officer of Strategic Development at Planet Aid, Inc., a nonprofit organization that collects and resells used clothing and textiles through nearly 10,000 donation bins across 15 states. Uli explains Planet Aid's mission to divert textiles from landfills, support reuse over recycling, and fund sustainable development projects worldwide. She discusses the logistics of placing donation centers in retail locations, including lease negotiations with shopping center owners, ideal site characteristics, and overcoming industry challenges. She also covers Planet Aid's innovative solar-powered donation centers with security cameras, ESG reporting benefits for landlords, the growing textile waste crisis, extended producer responsibility laws, and the organization's curated resale store called The Loop. James Cook is the Director of Retail Research in the Americas for JLL.  Subscribe: Apple Podcasts | Spotify  Listen: WhereWeBuy.show  Email: jamesd.cook@jll.com  YouTube: http://everythingweknow.show/ Read more retail research here:  http://www.us.jll.com/retail Theme music is Run in the Night by The Good Lawdz, under Creative Commons license.  

Taeyun Kim is Chief Development Officer at CJ Foodville US, the parent company of Tous les Jours, a French-Asian bakery cafe chain with over 180 locations across 31 states. Taeyun discusses the company's ambitious expansion plans to reach 1,000 stores by 2030, explaining the brand's unique positioning as a neighborhood bakery offering fresh-baked pastries and bread with European and Asian influences. She covers the franchise-driven growth model, ideal real estate requirements (3,000 square feet in prominent locations), and the recent opening of a state-of-the-art production facility in Gainesville, Georgia to support supply chain stability. She also shares insights on menu innovation, the Korean bakery tradition, signature items like cloud cakes and salt bread, and her background in restaurant real estate development, including her work with Panda Restaurant Group, Argo Tea, and Wow Bao's ghost kitchen program during the pandemic. James Cook is the Director of Retail Research in the Americas for JLL.  Subscribe: Apple Podcasts | Spotify  Listen: WhereWeBuy.show  Email: jamesd.cook@jll.com  YouTube: http://everythingweknow.show/ Read more retail research here:  http://www.us.jll.com/retail Theme music is Run in the Night by The Good Lawdz, under Creative Commons license.  

Terry Montesi sits down with Monica Mason to explore what is really driving the resurgence of retail real estate investment in the United States. Drawing on her work analyzing capital markets data and investor behavior, Monica explains why retail fundamentals have strengthened in recent years and why institutional investors are increasingly allocating capital to the sector. The conversation unpacks the supply constraints created by post pandemic construction costs, the demographic trends shaping retail demand, and how investors are adapting to a higher interest rate environment. Along the way, Monica shares the data signals that matter most for investors evaluating where retail opportunities are emerging.They discuss:• Why retail investment has grown from 7% of total real estate investment in 2021 to 14% today• How pandemic era construction slowdowns and rising costs created a supply shortage that supports rent growth• Why institutional investors increased retail allocations and what is driving the surge in capital flows• The demographic shifts fueling retail investment across the Southeast and Southwest, including Texas and Arizona• Misconceptions around grocery anchored centers and where investors are beginning to look beyond themLinks:Terry on LinkedInMonica on LinkedInTopics:(00:00:00) - Intro(00:00:23) - Meet Monica at JLL(00:01:47) - Why retail rents are rising(00:09:04) - Misconceptions and headlines(00:11:02) - Demographics and wealth split(00:14:21) - Rate volatility and lending(00:19:27) - How JLL uses data models(00:24:37) - Key 2025 data points(00:26:56) - Grocery anchors and beyond(00:32:06) - Cap rates and where capital goes(00:36:10) - Development outlook(00:38:07) - Why retail wins long term

Ian Scott leads retail safaris around the world. He takes listeners on a virtual tour of six distinctive stores—from Fanatics Collectibles' interactive sports collectibles space in London to Buck Mason's immersive lifestyle store in New York, Larfeuille's artisanal leather workshop in Paris, Ffern's sensory fragrance boutique in London, Singapore's DORS at Design Orchard retail incubator, and Patagonia Action Works Cafe. Ian emphasizes the enduring value of physical retail, the importance of cross-sector inspiration, and how stores can create authentic experiences through storytelling, sensory engagement, and human connection.   James Cook is the Director of Retail Research in the Americas for JLL.  Subscribe: Apple Podcasts | Spotify  Listen: WhereWeBuy.show  Email: jamesd.cook@jll.com  YouTube: http://everythingweknow.show/ Read more retail research here:  http://www.us.jll.com/retail Theme music is Run in the Night by The Good Lawdz, under Creative Commons license.  

Artificial intelligence is starting to rattle another major industry — commercial real estate. In this episode, Kathy Fettke breaks down why shares of major brokerage firms like CBRE, JLL, Cushman & Wakefield, and Newmark recently fell despite strong earnings. Investors are questioning whether AI could shrink brokerage commissions, automate appraisal work, and compress margins across the industry. But the bigger concern may be office demand. If AI allows companies to operate with fewer employees, will they need less office space in the future? Kathy explains what executives are saying, where AI may have the biggest impact first, and what real estate investors should be watching next. Is this short-term market fear — or the beginning of a structural shift in commercial real estate?

All is not alright in Jeff Lewis Live land. A few weeks ago, after much drama, Jeff Lewis decided to terminate one of his very own beloved chumps. Today, two of Jeff's fav chumps, Patrik & Pol, stop by to discuss exactly what led to the chump's termination, how Jeff really feels about this firing, how the other chumps have reacted behind the scenes, whether this is permanent or temporary and the tumultuous aftermath in JLL chumpville all while filming his new Bravo TV show appropriately titled, no pun intended, “Still Flipping Out”. In other news, the real reasons Gretchen Rossi was fired have been uncovered as RHOC Season 20 gears up to begin filming later this month. @patriksimpson @polatteu @behindvelvetrope @davidyontef BONUS & AD FREE EPISODES Available at - www.patreon.com/behindthevelvetrope  BROUGHT TO YOU BY: COYUCHI - coyuchi.com/VELVETROPE (15% Off Your First Order Of The Most Comfortable Organic Sheets) CHEERS -CheersHealth.com (Get 20% Off A Way To Feel Better The Morning After A Few Drinks With Code Velvet ) MOOD - www.mood.com/velvet (20% Off With Code Velvet on Federally Legal THC Shipped Right To Your Door) ADVERTISING INQUIRIES - Please contact David@advertising-execs.com MERCH Available at - https://www.teepublic.com/stores/behind-the-velvet-rope?ref_id=13198 Learn more about your ad choices. Visit megaphone.fm/adchoices

Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Ingrid Jacobs. A veteran enterprise leader, former HR executive, and Chief Growth Officer for The Revenue Retreat, a luxury boutique retreat for executive women who want to build profitable businesses without burnout. She and Rushion discuss her corporate background, her unique approach to customer integration, the challenges women face in entrepreneurship, pricing psychology, common business mistakes, age-related limiting beliefs, and the transformational design of her retreat program.

Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Ingrid Jacobs. A veteran enterprise leader, former HR executive, and Chief Growth Officer for The Revenue Retreat, a luxury boutique retreat for executive women who want to build profitable businesses without burnout. She and Rushion discuss her corporate background, her unique approach to customer integration, the challenges women face in entrepreneurship, pricing psychology, common business mistakes, age-related limiting beliefs, and the transformational design of her retreat program.

For most of my career, I've been focused on two things: Operating businesses and Multifamily real estate. The strategy has been pretty simple. Take money generated from higher-risk, active businesses… and move it into more stable, long-term assets like apartment buildings. That shift—from risk to stability—is how I've tried to build durability over time. Now, to be fair, the sharp rise in interest rates a few years ago put a dent in that model. But zooming out, it's still worked well for me overall. So I'm sticking with it. That said, there are other ways to think about real estate. In some cases, the real opportunity is when you combine real estate with an operating business. We've done that before in the Wealth Formula Investor Club with self-storage, and the results were excellent. Storage is operationally simple, relatively boring—and that's exactly why it works. But there's another category that sits at the opposite end of the spectrum. Hotels. They're sexier.They're more volatile.And yes—they're riskier. But the upside can be dramatically higher. One of my closest friends here in Montecito has quietly built a fortune doing boutique hotels over the past few years. He started with a no-frills hotel in Texas serving the oil drilling industry. Over time, he combined his operational experience with his talent as a designer—and eventually created some of the highest-rated boutique hotels in the world. He's absolutely crushing it. Of course, most of us aren't world-class designers or architects. I'm certainly not. Still, his success made me curious. Hotels have been on my radar for a while now—not because I understand the business, but because I don't. When I asked him how he learned the hotel industry, his answer was honest: “I figured it out on the fly—starting with my first acquisition and a great broker.” That's usually how real learning happens. So this week on the Wealth Formula Podcast, I brought on an expert in hospitality investing to educate both of us. We cover the basics: How hotel investing actually worksWhere the real risks are (and where they aren't)How returns differ from multifamilyAnd what someone should understand before ever touching their first hotel deal If you've ever thought about buying or investing in hotels—but didn't know where to start—welcome to the club. You don't have to jump in tomorrow. But you do have to start somewhere. This episode is a good starting point. Listen on Apple Podcasts: https://podcasts.apple.com/gb/podcast/545-should-you-invest-in-hotels/id718416620?i=1000748759003 Listen on Spotify: https://open.spotify.com/episode/5Lx5Rp4x704lWRazWLqDOK Watch on YouTube: https://youtu.be/GMFf6-g8w_0 Transcript Disclaimer: This transcript was generated by AI and may not be 100% accurate. If you notice any errors or corrections, please email us at phil@wealthformula.com. Welcome everybody. This is Buck Joffrey with the Wealth Formula Podcast coming to you from Montecito, California. Before we begin today, I wanna remind you, if you’ve not done so and you are an accredited investor, go to wealthformula.com, sign up for our investor club. Uh, the opportunity there is really to see private deal flow that you wouldn’t otherwise see because it can’t be advertised. And, uh, only available to those people who are deemed accredited. And then what does accredited mean as a reminder? Well, if you’re married, you make $300,000 per year combined for at least two years with a reasonable expectation, continue to do so, or you have a net worth of a million dollars outside of your personal residence. Or if you’re single like me, $200,000 per year or a million dollars net worth. Anyway, that’s probably, uh, most of you. So all you gotta do is go to wealth formula.com, sign up for investor club because hey, who doesn’t wanna be part of a club? And, uh, by the way, it’s a great price. It’s free. So join it. Just get onboarded and all you gotta do is just wait for deal flow. What a deal. Now let’s talk about different kinds of things to invest in. For most of my career, I, I have really focused on two things I’ve focused on. Either operating businesses, uh, in my case, those operating businesses largely have been medical and multifamily real estate. Uh, the strategy itself, theoretically the way I think about it, take money from sort of these active businesses, a higher risk, move them into more stable long-term assets like apartment buildings. Okay? The idea is that’s how you build some durability over time. Now, to be fair, okay, to be fair. Sharp rise in interest rates a few years ago. Put a little bit of a dent in that model. But here’s the thing is that you can’t throw out the, uh, baby with the bath water. ’cause when I zoom out, still worked well for me overall. So I’m sticking with it and, uh, that’s my story. I’m sticking with it. That said, there are always other ways to think about real estate, right? Real estate is not just multifamily. Um, in some cases, the real opportunity is when you combine real estate and operating businesses. So. We’ve actually done that before in our wealth formula investor club. Um, and we’ve done that through self-storage, for example, and the results were really good. Storage is operationally, generally pretty simple. Probably not that simple, but you know, but more so than other things, relatively boring. Boring is good, and that’s exactly why it works. There’s another category that sits at the opposite end of the spectrum of boring, and it’s sexier and it’s more volatile and it’s riskier. And uh, that is the area of hotels, right, like leisure, that kind of thing. But the upside in those things can be dramatically higher. You know, one of my closest friends here. Montecito, I talk about him all the time. He’s a, he is a little bit of an inspiration to me, although I wouldn’t tell that to in space. He’s built a fortune doing boutique hotels over the past few years and the way he started, you know, and I think it was only about a decade ago because he bought like this no frills hotel in Texas that was serving the oil industry. There was a bunch of guys, you know, drilling needed a place to say, and you know, he had this and he actually. I don’t know that I would recommend this, but he, he told me he bought it sight unseen just based on the numbers. Ah, man, I gotta tell you, I don’t think I’m that lucky. If I bought something sight unseen, it would not work great for me, but it did work great for him. But over time, what he did is he, he combined his operational experience with his talent as he’s like a designer, like designs, homes, an architect, uh, of sorts, although more than that. Um, and he, he used to build houses for like famous people in Hollywood. Anyway, he took that skill and so he combined it with hotels and he created some of the highest rated boutique hotels in the world. And he’s absolutely crushing it. Just crushing it. Of course, the reality is that most of us aren’t world-class designers or architects. I’m certainly not. I’m not artistic at all. Still, um, you know, the fact that he’s had so much success in this space and that he loves hotels. What got me curious? So, hotels have been on my radar for a while, not because I understand the business, but actually because I don’t. And when I asked him how he learned, uh, about the hotel industry, he just said, you know, I figured out on the fly and, uh, you know, started with my first acquisition, had a great broker who taught me everything I, you know, needed to know at the beginning and. That’s a great story. I mean, and ideally that’s how things happen. As you can tell, this guy is, uh, seems to just hit on everything. So good for him. So this week on Wealth Formula Podcast, I wanted to get a little bit of a hotel investing 1 0 1. So I brought on an expert in hospitality investing that could educate both you and me. So we’re gonna cover some of the basics, how hotel actually works, you know, what are the risks returns. Like, what should people do if they even consider, you know, buying their first hotel or investing in one? So if you’ve ever thought about investing, uh, in hotels, or maybe that’s the first time you’re hearing about it and you’re curious, uh, welcome to the club and uh, we will have a great interview for you right after these messages. Wealth formula banking is an ingenious concept powered by whole life insurance, but instead of acting just as a safety net, the strategy supercharges your investments. First, you create a personal financial reservoir that grows at a compounding interest rate much higher than any bank savings account. As your money accumulates, you borrow from your own. Bank to invest in other cash flowing investments. Here’s the key. Even though you’ve borrowed money at a simple interest rate, your insurance company keeps paying you compound interest on that money even though you’ve borrowed it. At result, you make money in two places at the same time. That’s why your investments get supercharged. This isn’t a new technique. It’s a refined strategy used by some of the wealthiest families in history, and it uses century old rock solid insurance companies as its backbone. Turbocharge your investments. Visit Wealth formula banking.com. Again, that’s wealth formula banking.com. Welcome back to the show, everyone. Today. My guest on Wealth Farm I podcast is, uh, John O’Neill. He’s a, a professor of hospitality management and director of the Hospitality Real Estate Strategy Group at Pennsylvania State University. Uh, he spent decades studying hotel valuation performance, Cabo flows and economic cycles in in the lodging industry. John, thanks for, uh, joining us. You’re welcome. So, you know, we’re talking offline. You’ve been in the hotel business for a long time. We’re trying to figure out how to frame this thing because you know, I mean there are, I know there are certainly people in. Uh, who in, in my group and my listeners, my community who are in the hotel space, but a lot of ’em aren’t. And you know, they’ve been thinking about, well, you know, we do a lot of apartment buildings, that kind of thing. Um, you know, what else should we be thinking about? And so, you know, when we hear, uh, hotel, um, they’re thinking of hospitality. But from an investor’s perspective, I guess the first question ask is what kind of real estate asset is a hotel? And, and may, may maybe just sort of fundamentally how different it is. From apartments office or retail? Yeah, that’s a great question because hotels are fundamentally different. But what I’ve seen over the past few years as well is hotels have increasingly been considered to be a component of commercial real estate. So we’ve always thought about office and retail and residential and industrial as being components of commercial real estate, but increasingly. Investors are thinking about hotels that way as well, because some of the high risk aspects of hotels have been moderated a little bit. So they are still considered to be a high risk and potentially high reward category, but they’re much more cyclical than those other types of businesses. So if we look at apartment leases, maybe being a year or two. Office leases may be being three to five years and retail leases could be five or 10 years. The leases in hotels are one or two nights, so there’s upside, but there’s risk involved in that as well. So when there’s pressure in a market to increase rates, like here where I am in University Park, Pennsylvania, when we have a home football game. We can see hotels with average daily rates of maybe a hundred to $200 a night charging seven, eight, $900 per night, and filling up on those rates. You can’t do that in an office building or in a retail center. And so there’s great opportunity when demand increases to push up rates and to greatly benefit from that. The flip side of courses on Sunday night when all those guests leave. You might be back to a hundred dollars a night and running 20 or 30% occupancy. Do hotels kind of follow the rest of real estate in terms of market cycles though? Yeah, it depends. I, I would say in many cases they’re actually leaders, which again, double-edged sword there. So for, yeah, when we plummeted in 2020 because of COVID hotels were probably the first category really to see it. Demand dried up overnight, and you go back to September 11th, 2001 on September 12th, 2001, a lot of hotels were empty and that wasn’t the case with office buildings and retail centers. The flip side, of course, is when the economy started improving, hotel operators could start pushing their rates very quickly. And so other categories of commercial real estate didn’t receive those benefits. Yeah, I mean, obviously there’s certainly gonna be. Real estate that’s often used that that’s often using debt and, you know, probably has the same sort of, uh, issues with regard to cap rate compression or decompression based on interest rates as well. Right, right. So, um, where are we? Right? What would you say right now, like, I mean, we know that. Our, we’ve been following very closely on the multifamily side. You know, prices are depressed. I mean, from 2022, we’re looking at probably 30% to 40%. Most, most, uh, large apartment complexes are not moving because people don’t wanna sell into a down market. But when they are, they’re being sold at 30, 40% discounts compared to 2022. Where is the, where is the hotel? Market at right now? It it, it’s challenged because right now we’re seeing discrepancies between where buyers wanna buy and sellers wanna sell. We’ve started to see some movement because some sellers have come down a bit in pricing because of what we’ve seen in 2025, the market really did soften as far as the hotel business is concerned. So in 2025. We really saw no increase in occupancy and in many markets we saw some decreases in occupancy. We are still seeing average daily rates going up a little bit, so yeah. Might be worth maybe a quick step backward that the two key indicators in terms of hotel lodging performance would be occupancy and average daily rate. With occupancy being the extent to which the guest rooms are occupied and average daily rate being the average price somebody is paying. We can talk about the mathematics of those, but, um, just I think conceptually, hopefully that makes sense. But, so, you know, at this point what we’re seeing is average daily rates are still going up a little bit, and the forecasts for 2026 are. Pretty much more of the same, where we’re not expected to see great occupancy increases, but we are anticipating that the average daily rates might go up a little bit. Uh, and, and in fact we might see occupancies decline slightly. And, uh, we might see, uh, average daily rates still possibly going up a little bit. That’s usually an indicator of being late in the cycle, you know, being somewhere near the peak and, and, you know, if the trough was 2020. Which was a pretty deep trough. 2021, we started seeing improvements and we saw great improvements in 22, 23, and 24, and so it’s looking like the end of a cycle. The thing we don’t really know for sure is, is there some reason that we’re going to really go into a substantial down period or are we actually in a situation where we’re going to have another upcycle? Yeah. You know, the other thing I was curious about too, like when you talk about these cycles for hotels, even within hotels, there are certainly, you know, different types of hotels. You know, there’s the boutiquey ones that are pe really pure tourism versus the ones that, okay, well maybe they are, you know, good for football games or. There’s others that are people use for, for, for work frequently, right? They’re, they’re just passing through for, for work trips. Do you, is there, um, is that difficult to extricate those types of different economies running at the same time? It’s not, I, I don’t know that it’s that difficult, you know, just to give you a little bit about my background, I’ve been a professor for some time, but prior to being a professor I worked for. Three of the four major hospitality organizations, namely Marriott, IHG, and Hyatt. Uh, and so going back into the 1980s when I was doing feasibility studies for proposed Marriott hotels, we, in most markets, analyzed three markets segments. And, and you essentially said what they are commercial business, which are your business travelers, leisure business, which are your pleasure travelers, and then groups, which includes conventions and, and those are still the three major market segments in most markets. In, in some markets. For example, if you’re approximate to a major international airport, there’s usually a fourth segment, which is that fourth segment is airline crew business, which is, is very different than the other three because. Whereas the other three go up and down throughout, not just the year, but throughout the week. Airline crew business tends to be stable throughout the year, so it, it, it’s in your hotel 365 nights outta the year. So it’s, it’s a very low risk, but also a very low rated market segment. So it, I don’t know if that’s that complicated, but it just needs to be broken out as you delineated it, which is that there’s. Three or four market segments in any market. And in terms of studying a hotel for development or for investment, it’s necessary to understand not just what’s going on on the supply side, in other words what’s going on in the hotels, but what’s going on in the demand side as well. So give you an example. I recently did a feasibility study in a market, which is a big pharmaceutical market. So I actually spent time with major pharmaceutical people talking about, where are you staying now? Why are you staying there? Are you a member of the Frequent traveler program? How does your business vary throughout the year? What rates are you paying? What facilities and amenities are you seeking? And things like that. So to really understand the demand because that demand segment. So important in that market. So it is ultimately a street corner business and what’s going on in a specific market in terms of the mix of commercial, leisure and group business and possibly other market segments. Really is something that we have to study in depth when we conduct a feasibility study or an appraisal for hotel. I, I don’t know if I mentioned, I’m a licensed real estate appraiser too, and although my licenses allow me to appraise any type of property, I only appraise hotels. Got it. Businesses fundamentally changed pre COVID and post COVID. I would assume that there’s probably less travel. Are you seeing impact? On those types of hotels from that kind of, you know, less travel, more zoom type activity. Yeah. And, and that’s a great, that’s a great follow up because with those market segments, although the segments are the same. The demand from each of those segments really has different, and, and as you said, it really changed substantially in COVID. It, it, it’s fascinating how once we were forced to use Zoom and, and other, you know, Microsoft teams and other technology like that, you know, we, we kind of did a kicking and screaming. But once we figured it out, we realized we didn’t get a lot done. Uh, now I spent last week in Los Angeles at America’s Lodging Investment Summit, and I go to this. Function every year, because I see many of the same people year after year, and the business cards might change, but it’s the same people involved in the hotel business, whether they’re brokers or investors or asset managers or consultants or appraisers. But in between. Each year I do a lot on Zoom with these people and you know, we can keep those relationships going. So it hasn’t eliminated, you know, in my personal case, my need to travel, but it has substantially reduced it. And I think a lot of other business people have seen the same thing. So if we look at the recovery since COVID, it was fascinating because the first market segment that recovered and recovered really strongly was leisure business and people, people see it as their right. To have a vacation and, and people were paying high rates, particularly in, in, in mountain locations and in beach locations. And so those rates came up really quickly. And then the group business followed. If people do wanna go to group functions like I did last week in la what has not recovered to the level of 2019 though is the business travel. Right. Interesting. So I, that’s probably a, uh, you know, and he, I can’t really see a particularly promising future for that Subsect either. Right. I think, in fact, bill Gates said it’s never going to be back to the, you know, he, he’s an investor in Four Seasons hotels, and he said it’ll never be back to the way it was in 2019. I don’t know if he’s right. I mean, because I, I still feel like we get a lot of things done. Face-to-face, person to person that we really can’t do in Zoom. I don’t think Zoom is great for establishing relationships. I, I still think that we need face-to-face, uh, personal contact. But, you know, that might be just my perspective because I’ve been working in hotels since I was a teenager and I’m really far from being a teenager now. And, you know, I, I’ve been indoctrinated in this philosophy of the importance of face-to-face contact. But yeah, you know, that might be generational. You with a younger generation. Yeah. Yeah, absolutely. Um, you know, just kind of going back to the difference differences, uh, with compared to other real estate hotels, ultimately the, one of the big differences, they’re operating businesses, right? I mean, they’re not that large. Apartment buildings aren’t, but they’re is I think, a specific sort of operational execution that matters a lot in hotels. So, you know, in invest, when investors are kinda looking at that, I mean, they, they should probably be not looking at it as nearly as passive as other real estate investments. Is that fair? I, I think that’s very fair because I think, you know, it, it shows what’s happened in terms of the market with real estate investment trust. Because I’ve sold my entire position in hotel real estate investment trust and, and as you probably know, if we look at real estate investment trust. Different categories in, in commercial real estate, hotels lag, which is fascinating because everything else we’ve been talking about explains why hotel returns tend to outperform other classes of commercial real estate. More volatility, but higher returns on average. If you can withstand the long period, uh, that you need to be an investor. On real estate investment trust, it’s the opposite. Hotels actually lag and, and I think it really is because of exactly what you’re talking about, which is that they really are like an operating business where there’s also real estate as opposed to a real estate play where it’s almost like there’s an annuity of rent that is very easily projected, uh, in hotels. You know, we, we. Project all the time how they’re going to perform. But you know, you know, I hope my projections are very good, but there’s always things that can COVID. For example, you know, now there’s a virus in, in India that you know might be coming and, you know, we don’t know, will this be substantial or will it be really minor in the Americas? We really don’t know. Uh, that won’t have a big effect on, on other classes of real estate investment trust, but. It could have a big effect in hotels, so, so the unknowns in hotels are very high. And then when you combine that with the fact that they are an operating business, which are very labor intensive and wage rates are going up. So the cost structure and the management of that cost structure becomes. Very important and the expertise of the hotel managers becomes very important. And so, yeah, like you say, other classes of commercial real estate or, or institutional real estate investments have an operational component. It’s much greater when it comes to hotels. So I actually have a friend who’s an, um, owns, uh, a few boutique hotels here in, in California, and he was telling me one of the things that he’s kind of worried about is, um, you know, they, they’re, they have some, um. Some mandates coming up with regard to, you know, minimum wage and, and all these things that, uh, hotel workers have to get, uh, give you just outta curiosity. I mean, most of my audience is not in California. I am, but have you heard about this? Can you tell us a little bit about those pressures? Yeah, I have heard about it. And there’s, there’s forces on the other side as well, namely the American Hotel and Lodging Association, which represents hotel owners, managers, and franchisers. And so they have a voice in these things as well. But the, the, the forest, particularly in places like California and, and in the west coast in general, we’ve seen it in Seattle as well. Um, you know, in, in terms of increasing minimum wages to rates that, that are shocking to me. Um, you know, that’s, that’s a big issue. You know, you don’t see it as much in the middle of the country, but you do see it on the coast and particularly in the, on the West Coast. So, you know, if we’re looking at projections, say into 2026 and, and perhaps beyond, we expect in many cases to be seeing higher growth in wage expenses than we expect to see growth in RevPAR, which is room revenue, preoccupied room, which is just occupancy times average daily rate. So the, the overall revenue is expected, at least in the short term, to grow more slowly. Than expenses and, and wages are really driving a lot of it. And then anything that’s affected by wages, so insurance, for example, property taxes, other expenses are really growing at this stage more than what we’ve seen in terms of revenue growth. So that’s, that’s a challenge right now. The, the question I think really then is how much will AI affect that and to what extent will guests become more comfortable with checking in? On an iPad type of a situation as opposed to seeing a person face to face, and there’s probably generational differences there. What it is forcing hotel operators to do is the same kinds of things that restaurant operators have been forced to do, which is find ways to use technology and actually have the guests face the technology and get the guests comfortable with that. In terms of things like check in and check out, you know, but still in hotels the rooms have to be cleaned and, and although there’s robots that. You know, they’re nowhere near what, where they need to be to actually clean Hotel guestroom jet, at least in any sort of economically viable way. But, you know, the long-term question is to what extent will the industry be adopting AI and other technology in order to address that issue? Because that’s what’s going to happen. It’s, it’s, you know, it’s not just going to be a situation where. The operators will accept paying higher wages and have the same number of employees in each hotel. Right. Um, branding, you know, sort of confusing to a lot of people. Not in the space, but you know, what role do hotel brands actually kind of play in, in protecting revenue and value? Um, and I guess when does a brand help an owner versus become a constraint? Yeah. You know, brands have been very important and, and I, I forget if I mentioned but of the, the big brand companies I’ve worked for three of them and, um. You know, they, they, they typically started as management companies. So originally companies like Hilton and Marriott primarily generated revenue through management fees. And so they own some of the real estate, although they’ve become asset light over the years and own very little, if any, anymore. Uh, but they do still manage hotels. So one thing that the brand companies do have is expertise in terms of management. That’s one of the fees that a branded hotel and a non-branded hotel would have as well, would be a management fee, which is usually expressed as a percentage of revenue. And sometimes there’s an incentive structure in there as well. But then there’s a franchise fee, which is just paying for the brand, and, and that’s usually as a percentage of total revenue, higher than the management fee. But what it does is it, it, it. Puts the property in a global distribution system, so the global distribution systems that brands like Marriott and Hilton and IHG and, and HIA have, uh, they. Generate heads and beds. You know, that’s, that’s the term we always, when I worked at Hyatt and Merritt, we always talked about heads and beds. Every night you’re trying to, trying to get people in the rooms. The brands do a lot to put heads and beds, you know, in a typical hotel with a good brand affiliation. Somewhere between probably a third and two thirds of the occupy rooms actually came in through the brand global distribution system, which historically was a toll free reservation system. And although the, you know, those still exist now, it’s really more of a focus on the online system and, and, and sometimes toll-free reservations and direct reservations. But, but that’s what the brand does. It, it, it ultimately is a generator of. So kind of just focusing on somebody who’s potentially thinking about hotels as an investment. So far, what I gleaned from you, and, and correct me if I’m wrong, is that timing probably isn’t perfect right now. We’re probably, you know, we’re probably in a, you know, a peak and you generally not a great idea to buy in peaks. Um. I personally, from what I understand, would stay outta California. You know, uh, you know, like my friend was saying that it was gonna make it very difficult for a lot of hotels to have their, you know, hotel restaurants even. And so he foresees like a lot of them having to close those down. Um, and then the, the next thing I think is, gosh, you really have to be cognizant of the, of the fact that, you know, work patterns are changing. And so maybe that’s not a good. Way to go, either. What other, what are some other big picture things that you think people ought to be thinking about as they evaluate the space? Yeah. Well, I think there’s a couple of things. One of which is. That is a street corner business. So it really depends on what street corner you’re in. Uh, I’ve done some research just on how hotels perform in university towns versus other locations because, for example, there are brands now called graduate hotels, which eventually was acquired by Hilton, uh, and, uh, scholar Hotels and, and these properties are university town hotels. They’re doing okay. You know, they’re, they’re doing okay. If you look at how universities operate, we’ve seen some Ivy League schools pay 60, $80 million or more just to make sure they keep that billion dollars a year coming in from the federal government that they, they get for research grants and, and we’ve seen, you know, look at what’s going on with NIL now in terms of, of university sports. Universities clearly are willing to. You gen willing to spend a lot of money to keep doing what they do, which is, you know, they, they generate a lot of research and I’m talking about. Big universities now, uh, you know, a lot of research and, and there’s a sporting business aspect to universities as well. So university towns are okay, and, and what I ultimately found in my research is they’re much less cyclical than the average. So, you know, we talk about the risk of hotels as things go up and things go down and things go up and down. That doesn’t happen as much in university towns. You know, big universities don’t close and, and don’t even substantially change their business model. So it really depends on, on where you’re located. And then there’s certain cities as well, you know, people, you know, I, I don’t have to go into detail about my last visit to San Francisco and how weird it was, and I was with students and, and told my female students don’t go out at night alone. I mean, it was, it was, it was really freaky, but. San Francisco now might be a place to invest. Now San Francisco probably has bottomed out. Uh, and the same might be true with New York. So, you know, it really depends on where you’re going. I, I think in general, yeah, you know, there’s, there’s concerns, but even so, you know, I think it’s still might be a good time to invest in. Good quality hotel companies, just, you know, in terms of the stock market and, and equity in, in businesses like Marriott and, and Hilton because their franchise fees and their management fees are a percentage of total revenue. So hotels that are not profitable, that are a member of those brand affiliations are still paying. Into those systems and you know, hopefully the goal is that these properties become profitable, but even while they’re not profitable, they owe franchise fees and in some cases management fees as well. So I think there are a lot of ways to still invest in the hotel business. It’s just what vehicles are being used and where. So, you know, it sounds a little overwhelming, um, for someone who, again, who’s new to the space. Any suggestions on how somebody might just learn more about this ecosystem and, you know, start to go down this path of potentially becoming, you know, a hotel investor? Yeah. Well, first thing is, you know, we talked about ai. AI is pretty good for helping people to learn. So if you wanna learn about the hotel business, you can go and have a really good conversation with chat GPT about what makes it click and where could the opportunities lie today. Uh, you know, I’ve gone over the past year from essentially not using AI at all to using it essentially every day. And so that’s a great way because that’ll access a lot of, there, there’s trade journals, for example, but it’ll access those things. Uh, the conference, like I went to last week, the America’s Lodging Investment Summit, which is in LA every year is a. Is a great place to learn as well. There’s, there’s wonderful sessions and that conference is attended by everybody from Anthony Capano, who’s the CEO of Marriott, down to people involved in real estate and investments in the hotels and, and who essentially make their living. Off of those as brokers, appraisers, consultants, asset managers and things like that. So, so there’s ways online to do it and there’s ways to do it actually by attending conferences as well. Yeah. A good broker as well. Right. I mean, you know, going back to my, my friend who, who’s become a very successful hotelier, the first one he bought, he threw a broker and he said he learned everything about hotels that he knows from that guy. Um. So that’s probably, it probably tells you something as well. Yeah. And, and there are some excellent hotel brokers. There’s some who are national in scope and some who are local in scope. So again, it depends on where you’re thinking you might wanna be investing. Uh, but, but there’s some great local brokers, but then there’s national firms like JLL and CBRE and Hunter, uh, that, you know, they have really good people who are very knowledgeable about the hotel business. Yeah. John, thanks so much for, uh, joining us here on Wealth Formula Podcast and giving us sort of an overview of the, uh, um, hotel, uh, real estate, uh, uh, asset class. You bet you make a lot of money, but are still worried about retirement. Maybe you didn’t start earning until your thirties. Now you’re trying to catch up. Meanwhile, you’ve got a mortgage, a private school to pay for, and you feel like you’re getting further and further behind. Now, good news, if you need to catch up on retirement, check out a program put out by some of the oldest and most prestigious life insurance companies in the world. It’s called Wealth Accelerator, and it can help you amplify your returns quickly, protect your money from creditors, and provide financial protection to your family if something happens to. The concepts here are used by some of the wealthiest families in the world, and there’s no reason why they can’t be used by you. Check it out for yourself by going to wealth formula banking.com. Welcome back to the show everyone. Hope you enjoyed and again, uh, hey hotels. Think about it. I guess. Uh, I continue. I will continue to do so, uh, especially given my buddy’s success in this space. Um. Although, I will tell you, I probably am not a boutique hotel guy. Um, you know, I don’t, I don’t know that I could make it super fancy, you know? And then on the other hand, you hear about these, uh, hotels that are. For the people traveling through and they’re not doing this so great. So maybe wait till that we hit that, um, that trough that he was talking about, he said we’re kind of at a peak right now. Anyway, that’s it for me. Uh, this week on Wealth Formula Podcast. This is Buck Joffrey signing off. If you wanna learn more, you can now get free access to our in-depth personal finance course featuring industry leaders like Tom Wheel Wright and Ken McElroy. Visit well formula roadmap.com.

Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Ingrid Jacobs. A veteran enterprise leader, former HR executive, and Chief Growth Officer for The Revenue Retreat, a luxury boutique retreat for executive women who want to build profitable businesses without burnout. She and Rushion discuss her corporate background, her unique approach to customer integration, the challenges women face in entrepreneurship, pricing psychology, common business mistakes, age-related limiting beliefs, and the transformational design of her retreat program.

Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Ingrid Jacobs. A veteran enterprise leader, former HR executive, and Chief Growth Officer for The Revenue Retreat, a luxury boutique retreat for executive women who want to build profitable businesses without burnout. She and Rushion discuss her corporate background, her unique approach to customer integration, the challenges women face in entrepreneurship, pricing psychology, common business mistakes, age-related limiting beliefs, and the transformational design of her retreat program.