Podcasts about reit

Retirement decisions often get complicated when one rule, product, or investment idea starts driving the entire conversation. Mark answers listener questions about Social Security earnings, ESG investing, and REITs while bringing each topic back to the bigger retirement picture. The common thread is simple: start with the plan, then decide which tools actually belong in it. Here's some of what we discuss in this episode:

Ash and Amanda talk to Dipesh Sitaram, he went from oral surgery and TMJ practice to becoming the kind of investor most physicians wish they understood sooner: capitalized, disciplined, and hard to fool. After getting burned in passive deals and development projects, he rebuilt around one core idea, control the whole food chain, or get crushed by it. He breaks down the playbook behind his family office strategy, including why he keeps deals all-equity, why he prefers newer assets over value-add headaches, and how he uses DSTs and private REIT structures to create tax-efficient exits and generational wealth transfer. You'll hear how he sources all-cash acquisitions, uses institutional-style relationships to move assets, and why his team focuses on healthcare real estate, healthcare-adjacent active adult communities, and limited and full-service hotels. Dipesh Sitaram Founder of Acuere Capital Partners Based in: Austin, Texas Where to find them: https://www.linkedin.com/in/dipeshsitaram https://acuerecapital.com/ For more information, visit https://superhuman.com/. Podcast production done by⁠ ⁠Outlier Audio⁠. Learn more about your ad choices. Visit megaphone.fm/adchoices

Derek Evans managed a $6 billion REIT lending portfolio at Wells Fargo and structured a $3.5 billion bridge loan before joining Realberry as CFO. Now he’s helping guide the Realberry investment strategy through a move from $300 million to over $1 billion in annual deals. Chris Lopez sits down with Derek in studio to unpack how one of Colorado’s most established real estate firms actually decides what to build, what to buy, and what to walk away from. Derek spent 22 years at Wells Fargo before Chad McWhinney recruited him during COVID. His job now is to institutionalize the firm behind Union Station, Dairy Block, and Centerra without losing what made it work in the first place. The Realberry investment strategy is built on conservative leverage and a layered capital stack. Each investor tier fits a different kind of deal, and the firm is opening up a new digital channel to reach accredited investors for the first time. Derek walks through how those pieces fit together. From there, the conversation turns to the investment committee that decides what moves forward. Eight members, one meeting a week, and a voting rule that has ended more Denver metro deals than most investors would guess. Water rights, business climate, and market fundamentals across Colorado, Austin, and Phoenix all shape what gets a green light. Derek closes with where he sees capital moving next: luxury hospitality driven by K-shaped wealth trends, mixed-use in Loveland and Baseline, the firm’s first 55+ for-rent community, and a downtown Denver thesis that still hinges on getting employees back in office seats. In This Episode We Cover: Why Realberry targets 60 to 65% leverage and puts in 5 to 10% GP capital How ultra-high net worth, family office, and institutional capital each fit different deals The two no vote rule that kills any deal at investment committee Why the firm is actively bidding on multifamily in Colorado, Austin, and Phoenix What Derek looks for in luxury hospitality and 55+ for-rent product Why water rights have killed multiple Denver metro deals in the last five years The Realberry investment strategy behind downtown Denver, office-to-resi, and hotel conversions This episode wraps our three-part Realberry series. If you missed the earlier conversations with Chad McWhinney and Taylor Hazlett, go back and start there for the full picture of how the firm thinks about capital, deals, and Colorado. Watch the Youtube Video https://youtu.be/DvQ4uDlSv5Y Timestamps 00:00 Welcome and guest introduction 01:41 Managing a $6 billion REIT lending portfolio at Wells Fargo 04:49 Unsecured vs secured real estate lending (at a larger level*)  06:17 Why Derek left Wells Fargo for Realberry during COVID 08:06 Growing Realberry from $300M to $1B in annual deals 11:55 The Realberry capital stack and conservative leverage 14:45 Ultra-high net worth, family office, and accredited investor tiers 15:55 Institutional capital and the control rights tradeoff 22:19 Inside the Realberry investment committee 37:30 How two no votes kill any deal 28:47 Why Realberry is bidding on multifamily right now 31:54 Colorado, Austin, Phoenix, and Nashville fundamentals 32:25 Legislation, affordability, and Colorado’s business climate 37:11 Placing capital in Colorado 40:47 Water rights and the deals Realberry has killed 44:12 Luxury hospitality and the K-shaped wealth trend 45:29 Downtown Denver and office-to-resi conversions Links in Podcast Realberry Website: https://www.realberry.com Portfolio: https://www.realberry.com/portfolio LinkedIn: https://www.linkedin.com/company/realberryinvest Instagram: https://www.instagram.com/realberryinvest Investor inquiries: ir@realberry.com Derek Evans LinkedIn: https://www.linkedin.com/in/derek-evans-051b80a5/ This is the third and final episode in our three-part series with Realberry. If you haven’t caught the first two, start here. Episode 1 — Chad McWhinney, Co-Founder and CEO. Chad walks through the origin story, from a berry stand in Loveland to Union Station and Centerra. He covers 35 years of building in Colorado, how the firm thinks about long-hold capital, and the vision behind the rebrand to Realberry. Episode 2 — Taylor Hazlett, Senior Director of Private Capital. Taylor breaks down how Realberry filters 100 deals to close 2 or 3. He covers the firm’s multifamily underwriting in today’s market, the gap between replacement cost and acquisition pricing, and early signs of recovery across the Front Range. Together, the three episodes give you the founder’s vision, the deal team’s discipline, and the CFO’s capital architecture. That’s the full picture of how Realberry works. Who is Realberry? Realberry, formerly McWhinney, is a Denver-based real estate investment, development, and management firm founded in 1991 by brothers Chad and Troy McWhinney. For nearly 35 years, the firm has focused on creating places people love, with a portfolio spanning master-planned communities, multifamily, hospitality, industrial, and mixed-use developments. Its work includes Denver Union Station, Dairy Block, the Crawford Hotel, and Centerra, and has earned ULI Awards of Excellence, Michelin Keys, and U.S. News Best Hotels recognition. Realberry is family-founded, community-centered, and future-focused.

Monsignore Wolfgang Huber ist in den Bergen zu Hause. Geboren in Reit im Winkl fühlt er sich den Bergen verbunden und verbringt seine Freizeit gerne mit Skifahren und Bergwandern. Man könne die Schönheit unserer Welt in ganz besonderer Weise entdecken, findet er. Im Evangelium spricht Jesus von der Feindesliebe. Der Text lädt zum Nachdenken ein, findet Huber: Wo können wir barmherzig sein? Wo können wir nicht nur auf uns schauen, sondern anderen entgegenkommen? Den anderen Menschen ins Gebet einschließen kann uns dabei helfen - und natürlich das bekannte Schubladendenken vermeiden. Neugierig geworden? Jetzt reinhören in "Blick in die Bibel"!Aus dem Evangelium nach Lukas:In jener Zeit sprach Jesus zu seinen Jüngern: Euch, die ihr zuhört, sage ich: Liebt eure Feinde; tut denen Gutes, die euch hassen! Segnet die, die euch verfluchen; betet für die, die euch beschimpfen! Dem, der dich auf die eine Wange schlägt, halt auch die andere hin und dem, der dir den Mantel wegnimmt, lass auch das Hemd! Gib jedem, der dich bittet; und wenn dir jemand das Deine wegnimmt, verlang es nicht zurück! Und wie ihr wollt, dass euch die Menschen tun sollen, das tut auch ihr ihnen! Wenn ihr die liebt, die euch lieben, welchen Dank erwartet ihr dafür? Denn auch die Sünder lieben die, von denen sie geliebt werden. Und wenn ihr denen Gutes tut, die euch Gutes tun, welchen Dank erwartet ihr dafür? Das tun auch die Sünder. Und wenn ihr denen Geld leiht, von denen ihr es zurückzubekommen hofft, welchen Dank erwartet ihr dafür? Auch die Sünder leihen Sündern, um das Gleiche zurückzubekommen. Doch ihr sollt eure Feinde lieben und Gutes tun und leihen, wo ihr nichts zurückerhoffen könnt. Dann wird euer Lohn groß sein und ihr werdet Söhne des Höchsten sein; denn auch er ist gütig gegen die Undankbaren und Bösen. Seid barmherzig, wie auch euer Vater barmherzig ist! Richtet nicht, dann werdet auch ihr nicht gerichtet werden! Verurteilt nicht, dann werdet auch ihr nicht verurteilt werden! Erlasst einander die Schuld, dann wird auch euch die Schuld erlassen werden! Gebt, dann wird auch euch gegeben werden! Ein gutes, volles, gehäuftes, überfließendes Maß wird man euch in den Schoß legen; denn nach dem Maß, mit dem ihr messt, wird auch euch zugemessen werden. (Lk 6,27-38)(© Ständige Kommission für die Herausgabe der gemeinsamen liturgischen Bücher im deutschen Sprachgebiet)

Get new episodes in your inbox - https://vc10x.beehiiv.comNed Brines is Chief of Investment Strategy at Arnel & Affiliates, a single family office in Southern California, where he runs the portfolios for both the family and its foundation. He spent six years in investment banking and more than two decades as an institutional money manager before moving into the family office world, and he serves as an independent director of a publicly traded apartment REIT.In this episode, Ned breaks down how a multi-billion dollar family office actually builds a portfolio, and why most of what passes for diversification isn't.⭐ This episode is brought to you by Podcast10x - https://podcast10x.comKey topics we cover:• Why thirty equity managers is one bet wearing thirty different labels• What real estate is really there to do in the portfolio, and why he doesn't think it's the inflation hedge everyone claims• How IRR gets manipulated with subscription lines, and what he does to strip it back out• Why he caps venture funds at $150M and PE funds at $750M• Why he holds twelve percent cash, waits for downside volatility, and once waited fourteen years to buy a stockLinks:Connect with Ned Brines:LinkedIn - https://www.linkedin.com/in/ned-brines/Connect with Prashant Choubey:LinkedIn - https://linkedin.com/in/choubeysahabSubscribe to VC10X newsletter - https://vc10x.beehiiv.comSubscribe on YouTube - https://youtube.com/@VC10XSubscribe on Apple Podcasts - https://podcasts.apple.com/us/podcast/vc10x-investing-venture-capital-asset-management-private/id1632806986Subscribe on Spotify - https://open.spotify.com/show/7F7KEhXNhTx1bKTBFgzv3k?si=WgQ4ozMiQJ-6nowj6wBgqQVC10X website - https://vc10x.comTimestamps:(00:00) - Preview(03:12) - The Biggest Misconception in Portfolio Construction(04:16) - Building a Portfolio Based on Economic Conditions(05:43) - The Role of Real Estate in a Family Office Portfolio(06:25) - Framework for In-sourcing vs. Outsourcing Investments(08:47) - The Dangers of Illiquid Strategies for Retail Investors(11:08) - How Rising Interest Rates Challenge Private Equity(12:11) - Hedging Against Geopolitical and Interest Rate Uncertainty(14:34) - What Specific Role Does Real Estate Play in a Portfolio?(16:11) - How Families Without a Real Estate Background Should Invest(19:30) - Are REITs the Best Way to Invest in Real Estate?(20:37) - Evaluating Established vs. Emerging Fund Managers(22:15) - Focusing on MOIC (Multiple on Invested Capital) Over IRR(24:15) - How to Differentiate Between Two Seemingly Similar Managers(26:08) - Why High-Conviction, Concentrated Bets Are Preferred(29:32) - Determining the Right Amount of Cash to Hold for Opportunities(32:40) - Managing a Single Cash Pool for Family Needs and Investments(33:55) - Uncovering Hidden Risks in Private Markets(37:13) - Operational Improvements with the Biggest Impact(39:10) - Distinguishing Between Genuine Risk and Market Volatility(41:50) - Thoughts on the AI Stock Thesis and Valuations(47:31) - An Investment Belief That Has Changed Over the Last Decade(50:13) - How Serving on a REIT Board Changed His View on Real Estate(55:53) - The Future Advantages and Disadvantages for Family Offices(01:00:43) - Start of Rapid Fire Round(01:00:59) - Sectors and Regions of Investment(01:03:48) - Typical Commitment Size for VC and PE Funds(01:05:10) - Sourcing Deals: Inbound vs. Outbound(01:07:22) - Where Listeners Can Follow Ned#VentureCapital #FamilyOffice #PrivateEquity #Investing #AssetAllocation

Monsignore Wolfgang Huber ist im oberbayerischen Reit im Winkl geboren und schon mit Mitte 20 zum Priester geweiht worden. Als Präsident des Internationalen Katholischen Missionswerks missio in München sieht er viel von der Welt und zieht Kraft aus den Begegnungen mit den Menschen, denen er begegnet. Im Evangelium lehrt Jesus am Sabbat in einer Synagoge und heilt dort auch einen Mann. Die Pharisäer sehen das als Grund zur Anklage, denn der Sabbat soll der Tag der Ruhe sein - auch Heilen ist verboten. Monsignore Huber findet, dass das eher eine falsche Auffassung ist. "Ein Heilen an und für sich wird von den Schriftgelehrten als Möglichkeit gesehen, dass jemand tätig wird", sagt er. Die Zuwendung Gottes zu den Menschen an einem Sabbat zu verkünden sei eigentlich nicht verboten. Wenn es um unseren Ruhetag, um den Sonntag, geht, sollten wir weniger den Fokus auf die Ruhe legen, sondern eher auf die Gestaltung des Sonntags, sagt Huber. Wo kann der Sonntag eine Möglichkeit sein, dass auch wir uns der Vollendung der Schöpfung bewusst werden? Außerdem sollten wir am Sonntag auch dankbar auf die vielen Menschen schauen, die an diesem Ruhetag für uns arbeiten, beispielsweise in Krankenhäusern. Neugierig geworden? Jetzt reinhören in "Blick in die Bibel"!Aus dem Evangelium nach Lukas:An einem Sabbat ging Jesus in die Synagoge und lehrte. Dort war ein Mann, dessen rechte Hand verdorrt war. Die Schriftgelehrten und die Pharisäer aber gaben Acht, ob er am Sabbat heilen werde; sie suchten nämlich einen Grund zur Anklage gegen ihn. Er aber kannte ihre Gedanken und sagte zu dem Mann mit der verdorrten Hand: Steh auf und stell dich in die Mitte! Der Mann stand auf und stellte sich hin. Dann sagte Jesus zu ihnen: Ich frage euch: Ist es am Sabbat erlaubt, Gutes zu tun oder Böses, ein Leben zu retten oder zugrunde zu richten? Und er sah sie alle der Reihe nach an und sagte dann zu dem Mann: Streck deine Hand aus! Er tat es und seine Hand wurde wiederhergestellt. Sie aber in ihrem Unverstand berieten sich untereinander, was sie gegen Jesus unternehmen könnten. (Lk 6,6-11)(© Ständige Kommission für die Herausgabe der gemeinsamen liturgischen Bücher im deutschen Sprachgebiet)

Dave Rodgers, managing director at Raymond James Equity Research, joined the REIT Report podcast to discuss the outlook for health care REITs, noting that the sector—and senior housing in particular—is one of the most attractive areas for investment across the REIT industry today.A large and wealthy older generation, and limited supply, provide a “really good runway for strong organic growth” in senior housing, marked by rent growth and margin expansion, Rodgers said. Over the next decade, “we don't think it's a stretch to think that maybe this business can grow at 10% annually,” he added.Senior housing occupancy nationwide is around 90% today, Rodgers pointed out. He noted that older, wealthy individuals considering senior housing options are more interested in the lifestyle component than ever before. “They really want to benefit from living in one of these facilities.” At the same time, enhanced technology is improving the resident experience and reducing labor intensity in operations.Chapters: 00:36 Healthcare REIT Breakdown01:14 Senior Housing Demand Surge02:42 How Senior Living Evolved04:53 Mid Market Supply Question06:12 Labor Costs And Margins07:27 Skilled Nursing And Medical Office09:29 Life Science Recovery Check10:50 Where Deals Are Happening13:25 Risks Next Two Years15:12 Final Investment Takeaways

As believers, we all have a responsibility to grow authentically in our relationship with God. Our actions will affect those around us.Tune in this week as Pastor Thomas Wootress-Reidt shares a special thought-provoking message for our family service out of 2 Timothy 1:3-7.If you would like to partner with BLVD Church and what we are doing in the community, you can make an investment of support at https://blvd.church/give

Neal and Ryan are back with a solo news roundup episode covering the biggest stories moving Canadian real estate, lending, and beyond. They kick things off with a wild data point out of Halifax: a brand new 291-unit downtown tower is sitting at just 20% leased, and what that could signal about vacancy risk creeping into REIT-owned portfolios across the country. Then they dig into new Mortgage Professionals Canada data showing broker share is climbing fast, hitting 38% overall and 48% among first-time buyers, with Quebec and Alberta leading the way and Atlantic Canada still lagging behind.From there, the guys pivot into a very different conversation: Nvidia has struck deals with major investment firms to borrow against its chip inventory, and Neal shares his theory on why tech could become the next major asset class for lending (with a bonus Taiwan conspiracy thrown in). They wrap with a quick take on Mortgage Automator's acquisition of Lendr, why AI is starting to disrupt the legal tech stack, and a preview of who's coming on the pod next.Show Chapters:00:00 Cold open: broker share, tech lending, and Neal's electrolyte comeback01:00 Catching up: biking, Portugal, kitesurfing in Brazil, and Costa Rica villa recs04:12 The 291-unit Halifax tower that's only 20% leased07:55 Overbuilt on multifamily, undersupplied on single family09:58 Nova Scotia officially shifts into a balanced housing market10:14 Why sellers are finally starting to concede on price11:12 The ego problem in Canadian real estate12:26 MPC data: broker share hits 38% overall, 48% with first-time buyers13:29 Why younger buyers are ditching the bank branch experience15:16 Continuity of service: why the broker relationship wins long term16:32 Regional breakdown: Quebec, Alberta, Ontario, BC, and Atlantic Canada19:22 How the UK compares and what it would take to close the gap20:38 The education problem holding broker share back22:13 Nvidia is now lending against chip inventory23:32 Is tech becoming a viable asset class to lend on?26:03 Neal's Taiwan conspiracy and the coming tech inflation cycle28:28 Would you finance a phone on a 5 year loan?29:51 The future of wearables, headsets, and brain implants31:11 Mortgage Automator acquires Lendr in a major US play31:43 Will firms start building their own AI tech stacks?32:52 Preview: Jason Alexander of Automator coming on the podResources:Keystone Capital GroupCPLP Instagram: @cplpodcastKeystone Instagram: @keycapgroupFind Neal On:Instagram: @neal.andreinoLinkedIn: Neal AndreinoFind Ryan on:LinkedIn: Ryan MacNeilE-mail: ryan@keycap.caENROL IN THE CPL NEWSLETTER:http://eepurl.com/FIKgpXhSbH

Ali Houshmand, leads the non-traded REIT initiatives for EQT real estate, where he manages the formation, strategy, and portfolio construction of EQRT - EQT's first open-ended real estate vehicle in the non-traded REIT space. He previously spent close to a decade at the Texas Permanent School Fund, where he helped build that $50 billion endowment's real estate program. We discuss his career journey and his considerable amount of time spent "in the trenches" of property development and negotiation. We discuss his LP-centric approach while at the Texas Permanent School Fund and how he leaned into championing LP viewpoints in which he offered considerable constructive feedback to manager relationships. He highlights the importance of asking thoughtful questions and building relationships, which AI may not replace. At Texas Permanent, he helped grow the real estate allocation from 6% to 11%, focusing on industrial and operator-led strategies. At EQT, he launched EQRT, emphasizing the need for a clean balance sheet and unique operational capabilities. He also stressed the importance of AI in enhancing investment processes while maintaining human judgment and relationshipA special thank you to our sponsors at Baillie Gifford and GCM Grosvenor. Baillie Gifford is a long-term investment manager, dedicated to discovering the innovations and changemakers that deliver exceptional growth opportunities for you.GCM Grosvenor is a global alternative asset management solutions provider, with more than $90 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return strategies.For over 50 years, the firm has helped investors navigate the complexities of alternative investing through a flexible, open-architecture platform. GCM Grosvenor is also focused on what's next. Through its Elevate strategy, the firm supports the next generation of private equity leaders, making seed investments in emerging managers and providing the resources, network, and strategic guidance needed to help them grow. With nearly $800 million raised for its inaugural Elevate Fund, GCM Grosvenor is helping drive innovation and expand access across private markets. Learn more at gcmgrosvenor.com.

Allan Lockhart never went to university. He left school for a graduate broking scheme in the City, spent a few years as an oil and gas liability broker in the Lloyd's of London building, and decided it wasn't for him because it felt intangible. A knee injury three weeks before a round-the-world trip changed his plans, and he took a job at the bottom of Strutt & Parker's retail team instead, opening the post and making the coffee. He stayed 14 years, working leasing, development and capital advisory, before joining his father's business, Halladale, to set up its London office in 2000. Halladale listed on AIM in 2001 and sold to a large Australian REIT in early 2007 for around £170m, just months before the financial crisis hit. Allan and his father then founded NewRiver later that year, betting that the UK REIT market would follow the US model into sector specialisation. The years since have tested that bet. Retail spent the best part of a decade written off as a dying sector, hit hard by the rise of online shopping and then by Covid. Allan's argument is that the winners in online retail turned out to be the omnichannel operators - retailers like Next and Marks & Spencer who use their stores to fulfil online orders - rather than the pure online players, and that's driven demand for physical space back up while supply has kept tightening. NewRiver leaned into that rather than chasing the shift into logistics that much of the market made, built out its research and data capability, and is now one of the best-performing listed real estate stocks in the UK. He's also candid about lessons learned. Ten years ago he was too focused on the detail of individual assets and not focused enough on the macro, and today he watches gilt yields move on the back of geopolitical headlines as closely as anything happening inside his own portfolio. What guests would you love to see next on PPP? Let us know in the comments. The People Property Place Podcast is powered by Rockbourne, recruiting leadership talent for real estate funds, owners, investors, and developers. LIKE - SHARE - SUBSCRIBE http://peoplepropertyplace.com/

Robinhood says it wants to be everything to investors—but its fastest-growing attractions look a lot like a casino. Don and Tom examine prediction markets, options, crypto, payment for order flow, and the uneasy fit between fiduciary advice and a brightly lit door to speculation.They explain why gamification and enormous transfer bonuses can be especially dangerous for inexperienced investors. If the goal is long-term wealth rather than entertainment, a boring, diversified custodian still beats a platform built to monetize trading excitement.Then they answer questions about using bonds during a retirement downturn, combining CD ladders with target-date funds, the trap behind eye-popping mortgage REIT dividends, and better ways to give money to grandchildren.1:03 — Robinhood and its merry band of revenue streams3:00 — Vlad Tenev explains the financial supermarket5:36 — A fiduciary office beside a casino door8:28 — Monetizing speculation instead of investing13:14 — Using bonds when retirement begins in a downturn21:06 — CD ladders and target-date funds23:36 — The truth behind 17% REIT dividends27:28 — UTMA, UGMA, 529s, and gifts for grandchildrenQuestions? Comments? Click!

In this episode, Anthony Coniglio, CEO of NewLake Capital Partners, shares insights into the cannabis real estate market, the unique challenges of the industry, and the strategic approach to institutional underwriting and sale leasebacks. Discover how regulatory tailwinds and industry consolidation create opportunities for investors and real estate professionals alike.   Learn More in the Blog Article → https://investorfuel.com/blog/cannabis-real-estate-sale-leaseback/   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true 'white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a "mini-mastermind" with Mike and his private clients on an upcoming "Retreat", either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas "Big H Ranch"? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

Mehr als 14.000 Euro Nettodividende im Jahr, fast 50 Werte im Depot und eine ziemlich ungewöhnliche Strategie: Stefan verteilt sein Vermögen auf REITs, BDCs, Preferred Shares, Einzelaktien und ETFs. Sein Bild dafür ist ein Tisch mit vielen Beinen.Dabei ist sein Weg alles andere als geradlinig.Stefan ist IT-Business-Analyst aus Leipzig, Mitte fünfzig und investiert seit 2018 bewusst. Davor hat er einiges ausprobiert – vom Pyramidenspiel in den frühen 90ern bis zu 20 Jahren „Spielen ohne Plan“. Inzwischen beschäftigt er sich intensiv mit Dividenden, Ruhestandsplanung und der Frage, wie seine Frau später einmal mit seinem komplexen Depot umgehen kann.In Folge 276 sprechen wir unter anderem darüber:wie aus erwarteten 25.000 Euro Dividenden am Ende gut 14.000 Euro netto wurden – und welche Rolle Return of Capital dabei spieltwarum Stefan einen Gefängnis-REIT nach einem Gerücht mit 40 % Verlust verkauft hatwie seine „Tischbein“-Strategie mit REITs, BDCs, Preferred Shares, Einzelaktien, ETFs und P2P-Krediten funktioniertwarum er sagt: „Ich liebe das Bild von der goldenen Gans – ich möchte sie nicht schlachten“wie er nach Corona gezielt in eingebrochene REITs nachkaufte, während andere in Panik verkauftenwarum er mit seiner Frau schon heute über Nachlassplanung und den späteren Zugriff auf das Depot sprichtweshalb kalkuliertes Risiko für ihn ein wichtiger Teil des Lernprozesses istwie er Künstliche Intelligenz im Berufsalltag einsetzt und wo sie ihm tatsächlich etwas bringtund warum seine Definition von Glück am Ende überraschend wenig mit Geld zu tun hatEine sehr persönliche Folge über Dividenden, Fehlentscheidungen, Lehrgeld und den Versuch, sein Vermögen so aufzustellen, dass es auch langfristig funktioniert.Weitere InformationenZur Folge 274 mit Ingo Scholz zu Covered Call ETFsZur Folge mit Annette Weiss zu "Rente ohne Roulette"Zu den Folgen mit Luis PazosZu den Folgen mit Lars WrobbelPräsentiert von SailyWenn bei Euch ein Urlaub ansteht und ihr unterwegs mobiles Internet braucht, schaut unbedingt beim eSIM-Anbieter Saily vorbei. Mit dem Code „finanzrocker" bekommt ihr sogar 15% Rabatt auf euren ersten Kauf. Der Rabatt wird über den Link schon gleich abgezogen.Alle Infos zu Saily gibt es hier Hosted on Acast. See acast.com/privacy for more information.

Most small real estate operators manage their finances by looking at what is in the bank. Money in is income, money out is expenses, and the question every Monday is how do I survive the next ninety days. Alex Lopez, CPA calls that looking in the rear-view mirror, and he spent more than a decade learning what the alternative looks like from the inside.Alex started in real estate right out of high school during the South Florida boom, and he was in his early twenties when it all came down. He lost the properties he had bought. Going back to finish his business degree, he hit the two accounting courses every Florida business major has to take, and found that the numbers were a language that explained his own mistakes better than the market crash did. He switched his major, went straight into a global firm, asked to be put on the real estate clients, and drew a $4 billion hotel REIT as his first account. Corporate came next, then helping take a company public, then his own shop.The thing he brought back is the spine of this conversation. The most powerful things those firms do are perfectly doable at any size. It comes down to structure, skill and prioritization, and to somebody actually being assigned the work.In this episode:What a fractional CFO actually does that a bookkeeper does notWhy you should run your company as though it were already much largerThe windshield versus the rear-view mirror, and why most accounting only looks backwardKPIs and plans: NOI, rent per square foot, CAM, occupancy, and how to pick yoursReverse-engineering a business plan into a debt and equity structureThe free playbook hiding in plain sight: the 10-K filings public companies in your field are legally required to publish, KPIs includedWhy the skill set changes completely at every revenue tierPlus the Final Five, a mentor named Anatoly, and the one mistake Alex committed to never making again.About Alex Lopez, CPA Alex Lopez, CPA is the Managing Partner of Osher CPAs, a South Florida firm providing accounting, CFO services, financial due diligence, and tax strategy to real estate investors, property managers, and growing businesses. He works primarily with owners in the low seven-figure to mid eight-figure range.Connect with Alex: alexlopezcpa.comThis week's book: Get Scalable: The Operating System Your Business Needs To Run and Scale Without You by Ryan DeissChapters00:00 The big-firm playbook is available to the rest of us 00:45 Welcome to Real Estate Underground 01:40 Meet Alex Lopez, CPA 02:00 Growing up in the South Florida boom 02:45 The 2008 crash, and losing everything in his early twenties 04:45 Stumbling into accounting: the language of business 05:50 Why the global firms only hire you straight out of school 06:30 Canvassing commercial property the old-fashioned way 08:15 Asking to be put on the real estate clients 08:45 First client: a $4 billion hotel REIT 09:30 Into the corporate world, then taking a company public 11:00 Opening his own shop 11:35 What a fractional CFO actually is 12:30 More than a decade inside: it is structure, skill and prioritization 13:30 Think of yourself as a much larger company 14:30 The windshield, not the rear-view mirror 16:00 KPIs and plans: where a CFO starts 17:00 Reverse-engineering the plan into financials 17:50 The metrics that matter: NOI, rent per square foot, CAM, occupancy 20:00 Debt versus equity, and what you actually need to raise 21:20 Your neighbor's daughter who does the bookkeeping 21:50 The skill set changes at every revenue tier 22:45 The free playbook: read the 10-Ks of public companies in your field 24:45 They share their playbook because legally they have to 25:00 Ed's story: running a $1M company like a $100M company 27:00 You miss 100% of the targets you don't set 28:50 The Final Five 29:00 Purpose: the high-rises of Medellin 29:45 Best advice: intentional hats, from a mentor named Anatoly 30:40 The mistake: selling property 33:50 Nobody regrets holding a property too long 35:40 This week's book: Get Scalable by Ryan Deiss 37:00 The E-Myth, Buy Back Your Time, and who he serves 39:30 How he defines success 40:20 Where to find AlexReal Estate Underground Hosted by Ed Mathews of Clark St Capital. New episodes every Tuesday. clarkst.com/podcastElevista - Speed as a Service™Elevista Connect is the first AI-powered lead conversion system built for real estate investors.

Self-storage is one of the most misunderstood asset classes in commercial real estate. Most investors assume it's a simple, low-complexity play. Ryan Gibson built it into a billion-dollar operation by treating it like anything but. As Co-Founder and President of Spartan Investment Group, Ryan has organized over $1 billion in capital across 90 facilities and 7 million square feet in 15 states, ranking Spartan as the 29th largest self-storage operator in the country. In this episode, he breaks down the market selection framework, operational systems, and ancillary revenue strategies that separate serious operators from everyone else in the space. About Ryan Gibson Ryan Gibson is Co-Founder and President of Spartan Investment Group, the 29th largest self-storage operator in the United States. He has organized over $1 billion in capital across 90 facilities and 7 million square feet in 15 states. Before real estate, Ryan was a commercial airline pilot. He applies aviation's checklist-driven, risk-first discipline to every aspect of how Spartan evaluates deals and operates properties. He is also co-host of the Passive Income Pilots podcast. What We Cover in This Episode How aviation checklists and go/no-go decision-making translate directly to real estate underwriting The Swiss cheese model of risk stacking and why deals fail for multiple reasons, never just one How to identify the right moment to set the parking brake and walk away from a deal Why Ryan avoids hyped markets and what he looks for in lesser-known markets instead Specific markets with strong fundamentals: Lincoln NE, Northwest Arkansas, coastal South Carolina, coastal Georgia, and markets near military bases and universities The market structure insight that led Ryan to self-storage: 70% mom-and-pop ownership, 10% REIT, and the aggregation opportunity in between How renting his own storage unit during a home renovation changed Ryan's entire investment focus The fish-in-the-middle strategy: buying mom-and-pops, aggregating, and positioning for an eventual institutional exit Spartan's current portfolio (90 stores, $1B AUM) and growth target of 300 stores The virtual manager kiosk system: how one store manager can run five facilities remotely How Spartan's distributed team opens East Coast and West Coast stores outside normal office hours AI voice technology running the after-hours call center, and why it performs as well as their former offshore team How 65% of bookings happen through the kiosk screen with less than 10% face-to-face The tenant insurance captive: how Spartan adds $70,000 to $80,000 in NOI on property takeover, worth over $1 million in valuation at a six cap Why U-Haul partnerships are no longer worth the labor cost How to register every property for cell phone tower placement and generate triple-net lease income Leverage thresholds by deal type and why fixed-rate debt is non-negotiable How Ryan uses Claude AI connected to Spartan's data warehouse to cut 50 monthly investor updates from 80 hours to 7 hours Key Insight Ryan discovered self-storage the way most people discover something that changes everything: by accident. He was renting a unit during a home renovation that stretched from five months to a year and a half. When the landlord raised his rent 20%, he tracked the owner down to complain. The owner told him he had 500 units, raised rents 20% after six months, and nobody ever moved out. Ryan did the math on the spot. That one conversation reoriented his entire investment career. Today Spartan owns 90 facilities. It started with a $20 monthly bump on a unit full of stuff he probably should have thrown away. Why This Episode Matters Self-storage is often treated as a set-it-and-forget-it asset, but Ryan's framework shows it rewards operators who understand demand dynamics, leverage discipline, and operational integration at scale. Investors considering the asset class will come away with specific market criteria, a concrete underwriting framework, and a realistic picture of how scale changes the economics. The tenant insurance captive alone is a revenue strategy most real estate investors have never encountered and can apply immediately on their next acquisition. Find Out More Website: https://spartan-investors.com LinkedIn: https://www.linkedin.com/in/ryan-gibson1/ YouTube: https://www.youtube.com/@passiveincomepilots/videos YouTube: https://www.youtube.com/@SpartanInvestmentGroup Facebook: https://www.facebook.com/spartaninvestmentgroup/ Sponsors Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and medicare benefits. https://www.rcbassociatesllc.com

Jackie van Niekerk, newly appointed chair of the South African Real Estate Investment Trust Association and CEO of JSE-listed Attacq Limited, notes despite global uncertainties, inflation, and interest rate volatility, the sector has maintained access to capital markets and continues to show potential for growth. Podcast series on Moneyweb

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On this week’s Financial Hour, Tom Dupree, Mike Johnson, and Michael Dawahare broke down why that number matters, what the U.S. Treasury Department is doing about it, and — more importantly — what it means for anyone who’s retired or approaching retirement and living off a portfolio. The team walked through Treasury Secretary Scott Bessent’s decision to expand the government’s bond buyback program, why the Treasury is repurchasing old, low-coupon “off-the-run” bonds, and what Bessent meant when he said he has “asymmetric information” the market doesn’t. Mike Johnson explained the mechanics in plain terms: the Treasury doesn’t hold these bonds on its balance sheet the way the Fed does — it swaps them out and reissues shorter-term debt, which theoretically frees up the plumbing in the bond market without actually solving the underlying supply-and-demand problem driving yields higher in the first place. The U.S. Treasury’s own announcement confirms the buyback size is at least doubling, from a $2 billion to a $4 billion per-operation ceiling, effective September 9, 2026 — exactly the increase Tom, Mike, and Michael were reacting to on air. From there, the conversation turned to what’s actually happening underneath the surface of the stock market. Economist Ed Yardeni’s “K-shaped economy” — where some parts of the economy do well and others fall behind — is evolving into what he now calls a “G-shaped economy,” with earnings-driven strength showing up in previously out-of-favor sectors. Coca-Cola hitting an all-time high the same week Walmart’s stock dropped roughly 10% on strong-but-complicated earnings was Exhibit A. Tom and the team also discussed two specific holdings in DFG client portfolios — a commercial real estate mortgage REIT and Verizon — and why research-driven, patient investing in “forgotten” sectors has been paying off for income-focused clients this year. On the mortgage REIT position, the team went deeper than “buy the dip.” The company — sponsored by a large institutional manager with global real estate data and research reach — makes commercial real estate loans, historically concentrated in office properties. When one or two of those loans showed early warning signs, the company increased its loan-loss reserves, which shows up on paper like a write-down even though the loan stays on the books and no cash has actually been lost. The stock sold off on the news. Tom and Mike explained why they added to the position instead of walking away: this management team was conservative during the “nuclear winter” for office real estate a few years ago, has since been letting legacy office loans run off, and is redeploying that capital into multifamily, healthcare, and industrial loans — property types with materially better performance right now. Because these are shorter-duration loans, the portfolio’s characteristics can shift relatively quickly as old loans mature and new ones get written. That combination — a real dividend yield in the double digits today, a management team with a track record of conservative accounting, and a portfolio actively repositioning into stronger property types — is why DFG treated the sell-off as a buying opportunity for income-focused clients rather than a reason to sell. Verizon came up for a different reason: SpaceX’s Starlink satellite service and the ongoing question of whether it can realistically compete in the cellphone business. Mike and Tom were skeptical, pointing to a CNBC analyst’s explanation that a satellite-based “cell tower” sits roughly 220 miles away compared to the two or three miles most people are used to today — a gap that raises real questions about latency and practicality for everyday phone calls, whatever the marketing promises. What both hosts agreed on is that the more durable asset is compute capacity: Starlink’s parent currently leases out some of that capacity, with the option to use more of it for its own future needs, not unlike how Amazon Web Services has become a larger and more important piece of Amazon’s business than its original retail operation. The team also used Walmart’s earnings reaction as a pulse check on the broader consumer. Despite what management called one of its healthiest quarters, the stock dropped roughly 10% the day of the release — driven largely by new government pricing rules on pharmaceuticals that took effect in the second quarter, layered on top of a business that’s now roughly half grocery. Because the market had to digest several moving pieces at once, short-term traders reacted to the complexity rather than the underlying strength Walmart itself described on the call. On the broader consumer picture, Mike Johnson noted wage growth is positive for the first time in a while, and inflation and affordability on goods have ticked slightly better — partly offset by a 20–30% rise in gas prices over the past month. The team also flagged a rollback of tariffs on beef imports from South American trading partners, aimed at easing supply after herd sizes shrank in recent years — welcome relief on one grocery bill line item, even as lower-income households continue to feel the most pressure on housing, auto, insurance, and everyday food costs. Tom also used part of the hour to deliver a message he called maybe the most important thing he’d say all year: it’s not how much your portfolio earns on average — it’s when the losses happen. “Here’s something most people approaching retirement have never heard, and it could be the most important thing I say. It’s not how much your portfolio earns, it’s when it loses.” If your retirement account drops 10% in year one and you’re already pulling money out to live on, you’re drawing from a smaller pool going forward. Do it again in year two, and — as Tom put it — “you may never recover. Even if the market bounces back, the damage is already done.” Wall Street tends to talk in long-term averages, but as Tom noted, “averages don’t pay your electric bill in a down market.” That’s the whole case for building retirement income around dividends rather than around hoping the market cooperates on your withdrawal schedule. FINRA’s own guidance on managing a retirement portfolio makes the same point: your time horizon shrinks once withdrawals begin, so reassessing how much investment risk you’re carrying — and where your income is actually coming from — matters more with each passing year of retirement. Topics Covered The 30-year Treasury yield hit 5.3%+ this week, its highest level since 2007 Treasury Secretary Scott Bessent’s expanded bond buyback program and what “asymmetric information” means for markets Why the Treasury is repurchasing old, low-coupon “off-the-run” bonds instead of holding them like the Fed does Sequence of returns risk: why the timing of a loss matters more than your portfolio’s long-term average return Ed Yardeni’s “K-shaped economy” evolving into a “G-shaped economy” — and what that means for stock picking Coca-Cola’s all-time high vs. Walmart’s post-earnings stock drop, and what each says about the consumer Adding to a commercial real estate mortgage REIT position on a pullback — the research behind the decision [COMPLIANCE REVIEW: episode cites a specific dividend yield figure for a named DFG portfolio holding] Verizon, satellite phone service, and questions about whether Starlink can really replace cell towers Wage growth, tariff-driven beef price relief, and the uneven affordability picture for lower-income consumers Key Takeaways Timing beats averages once you’re retired and withdrawing income. A 10% drop in year one of retirement, combined with withdrawals, shrinks the pool you have left to recover with. Tom’s point: “averages don’t pay your electric bill in a down market.” The Treasury’s bond buyback is a Band-Aid, not a fix. Doubling the buyback to $4 billion per operation sounds significant, but against roughly $40 trillion in outstanding debt, it’s a small lever. It briefly pushed yields down, but the market has largely looked through it. A steepening yield curve isn’t automatically a warning sign. The curve normalized after years of inversion — but it’s steepening because the long end is rising, not because short rates are falling, which is a distinction worth understanding rather than reacting to. Fundamental research pays off when a market broadens out. With mega-cap “Mag Seven” performance uneven this year, previously out-of-favor companies and sectors — Ed Yardeni’s “forgotten” names — are earning higher multiples on real earnings growth, not hype. Pullbacks driven by loan-loss accounting, not fundamentals, can be buying opportunities. DFG added to a commercial real estate mortgage REIT position after a stock drop tied to conservative loss reserves — a decision built on management’s track record, not on trying to time a bounce. The consumer picture is genuinely mixed. Wage growth is up for the first time in a while, and tariff relief on beef imports is easing some grocery costs — but affordability on housing, insurance, and everyday goods remains a real strain for lower-income households. Frequently Asked Questions What is sequence of returns risk, and why does it matter for retirees? Sequence of returns risk is the danger that market losses early in retirement — combined with ongoing withdrawals — can permanently shrink a portfolio, even if long-term average returns look fine. A downturn in year one or two, while you’re pulling income out, leaves less money available to participate in any later recovery. Why did the 30-year Treasury yield hit its highest level since 2007? The 30-year Treasury yield crossed 5.3% in August 2026, its highest level since 2007, driven by heavy government borrowing, persistent inflation above the Fed’s target, and continued Treasury debt issuance. It marks a shift after years of historically low long-term rates following the 2008 financial crisis. What is the Treasury doing about rising long-term bond yields? In August 2026, the U.S. Treasury announced it would at least double its bond buyback program, from a $2 billion to a $4 billion per-operation ceiling starting September 9. The program repurchases older, low-coupon bonds and reissues shorter-term debt to help ease pressure in the long-bond market. What is a “K-shaped” or “G-shaped” economy? Economist Ed Yardeni’s “K-shaped economy” describes an economy where some sectors and income groups do well while others fall behind. He now calls it a “G-shaped economy” as earnings growth broadens into previously overlooked sectors, showing up in stock performance beyond the small group of mega-cap tech names. How does Dupree Financial Group approach investing during periods of market volatility? Dupree Financial Group focuses on in-house research into dividend-paying stocks and bonds that generate visible income, rather than reacting to short-term headlines. The firm looks for quality companies temporarily out of favor for fixable reasons, aiming to build retirement income that doesn’t depend on guessing short-term market direction. About The Tom Dupree Show The Tom Dupree Show is hosted by Tom Dupree, founder of Dupree Financial Group and a 47-year veteran of the investment business. Each episode covers the financial topics that matter most to retirees and those approaching retirement — in plain English, without the Wall Street spin. Dupree Financial Group is a fee-only, fiduciary Registered Investment Advisory firm based in Lexington, Kentucky. The firm manages separately managed accounts focused on income-generating, dividend-paying portfolios — no products sold, no commissions, no conflicts of interest. Past episodes are available at dupreefinancial.com under the Radio tab. Schedule a Complimentary Portfolio Review If you’re not sure how a rising-yield environment or a rough sequence of returns could affect your specific retirement income plan, that’s exactly what we sit down and work through. There’s no cost and no pressure — just a clear look at what you own and why. Call: 859-233-0400 | Visit: dupreefinancial.com Past performance is not indicative of future results. This material is for informational purposes only and does not constitute investment advice. Dupree Financial Group is a fee-only registered investment advisor. Investments involve risk, including possible loss of principal. Please consult with a qualified financial professional before making any investment decisions. Dupree Financial Group  ·  Fee-only. Fiduciary. Lexington, KY  · dupreefinancial.com  ·  859-233-0400 This document is for reference and internal use. Not for public distribution. The post 30-Year Treasury Yield Hits 2007 High: What Retirees Should Know appeared first on Dupree Financial.

Welcome to the CRE podcast, 100% Canadian, 100% commercial real estate. What if the down cycles everyone fears are actually the best entry points for disciplined capital? Canadian shopping malls today may be one of real estate's most overlooked opportunities. In this episode of the Commercial Real Estate Podcast, powered by First National, hosts Aaron... The post Why Canadian Shopping Malls Are Making a CRE Comeback with Julian Schonfeldt, CIO at Primaris REIT appeared first on Commercial Real Estate Podcast.

Chris Reece, founder and CEO of MJ REIT, shares insights into his innovative real estate fund supporting the cannabis industry. Discover how his experience, strategic approach, and niche focus create a resilient investment opportunity in a rapidly growing market.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true 'white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a "mini-mastermind" with Mike and his private clients on an upcoming "Retreat", either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas "Big H Ranch"? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

On this week's Good Morning Hospitality, A Skift Podcast: Hotels Edition, Sarah Dandashy and Steve Turk dig into how the hotel industry measures success, where capital is flowing, and who controls the information guests use to make decisions. The conversation opens with a new Skift analysis arguing that net unit growth, the metric every hotel brand has been racing to win for a decade, may have been the wrong measure all along. From there, Sarah and Steve get into Minor International's plan for a $1 billion hotel REIT spanning its NH Hotels & Resorts, Anantara Hotels & Resorts, and Minor Hotels assets, and what a major Asian-originated hotel capital raise signals about where global hospitality investment is heading. They also unpack Google's acquisition of Spirit Airlines' reservation data from bankruptcy to train its AI hospitality recommendations, and close with what the rise of creator travel content and Substack travel newsletters tells hotel marketers about where traveler trust actually lives now. This episode is presented by ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠StayFi⁠⁠⁠⁠⁠⁠⁠ & ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Bilt⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. If you're ready to start turning today's guests into tomorrow's direct bookings, head to stayfi.com/goodmorninghospitality and use code GOODMORNINGHOSPITALITY to get 50% off your first three months. And for hotels with restaurants and restaurant owners, Bilt Hospitality is finally here. Go to ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠joinbilt.com/gmh⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ to learn more for GMH listeners!

Leonard Tannenbaum's newest venture was supposed to be a sure thing. In 2020, after selling his previous company, Fifth Street, under a cloud of investor litigation and an SEC settlement, the veteran financier recast himself as a pioneering lender to underbanked cannabis firms. Weed was booming as Americans sat out the pandemic stressed and bored. But marijuana was illegal at the federal level, leaving most pot operations shut out of traditional banking.  Tannenbaum had the perfect Wall Street pitch: Become the dominant institutional lender to the fast-growing $19 billion industry by offering high yields to stock investors.  In early 2021, Tannenbaum and his third wife, Robyn, took their West Palm Beach, Florida–based AFC Gamma (later renamed Advanced Flower Capital) public as a mortgage REIT on the Nasdaq, raising $124 million. Within two years, thanks to successive stock offerings, AFC's equity value rose to nearly $400 million, as did its loan book.  “What amazed me was there was no institutional lender in the space, no reputable lender,” said Tannenbaum on the From Pot to Popular podcast in 2022, part of a media blitz coordinated with his entrance into the sector. “This was a chance to be number one in the industry.” By John Hyatt, Forbes Staff Learn more about your ad choices. Visit megaphone.fm/adchoices

Cannabis real estate is different from almost every other commercial property sector. Anthony Coniglio explains how cannabis REITs give licensed operators access to capital while creating long term real estate investments backed by specialized cultivation facilities and dispensaries. During the conversation, Anthony shares how his own opinion of cannabis changed after taking the time to research its therapeutic uses. He also explains why cannabis real estate demands careful underwriting, how sale leaseback transactions work, and why recent regulatory developments could create new opportunities for the industry. Key Topics What a REIT is and how it works Why cannabis operators use sale leaseback financing The difference between cultivation facilities and dispensaries How NewLake evaluates investment risk Why limited license states matter Regulatory changes that could impact the industry What Anthony sees ahead for cannabis real estate Guest Information Anthony Coniglio CEO of NewLake Capital Partners Website https://newlake.com Connect with Anthony Visit NewLake Capital Partners at: https://newlake.com Apple Podcast https://podcasts.apple.com/ph/podcast/property-profits-real-estate-podcast/id1445202776  

Oettershagen, Silke www.deutschlandfunkkultur.de, Studio 9

Plus: DeepSeek's flagship models will soon cost users four times as much to run. And Reddit is set to join the S&P 500. Danny Lewis hosts. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Brian Finnegan, CEO of Brixmor Property Group Inc. (NYSE: BRX), joined the REIT Report podcast to highlight the positive environment for open-air retail—supported by consumer resilience and strong tenant performance—and the REIT's ongoing efforts to reposition assets to capitalize on those favorable conditions.Finnegan has served as president and CEO since January and has held a range of positions since joining a predecessor of Brixmor in 2004.Second quarter results showed continued operational strength at Brixmor, with small shop occupancy hitting a new record.“I think the success that you're seeing in small shops is really the fact that consumers are just demanding more of the suburbs…they're demanding higher levels of restaurant, of service uses, and we see that across our portfolio… that consumer demand is leading to us being able to attract great operators at our shopping centers,” Finnegan said.Elevated brands including Sephora, Warby Parker, Williams Sonoma, and Pottery Barn  recognize the traffic that high-quality food and beverage and service “are bringing to complement great anchors at our shopping centers. And we've been a big beneficiary of that,” Finnegan pointed out.Last month, visits to Brixmor centers rose almost 4%, Finnegan said. Retailers are noting the resiliency of the consumer, even if consumers are trading down a little in terms of what they ultimately purchase. At the same time, a focus on value helps Brixmor's off-price tenants including TJX, Burlington, and Ross Stores, he added.Chapters:  00:00 Elevated Brands Arrive00:26 Welcome and Guest Intro00:57 Honoring Jim Taylor01:49 Brian's Path to CEO03:01 Q2 Results and Occupancy04:25 Small Shop Resilience06:01 Hybrid Work Tailwinds06:59 Consumer Trends and Value09:10 Tenant Mix and Grocers10:09 Site Priorities and Outparcels11:28 Capital Allocation Playbook13:44 Market Expansion Strategy14:44 How Brixmor Uses AI16:13 Community Commitment17:41 What Excites Brian Next19:10 ICSC Foundation Goals20:28 Closing and Subscribe

REITs have underperformed for 25 years, but could the next decade be different? Jussi Askola joins us to look at where REITs stand today, how they are valued, and where investors may find the best opportunities. We discuss how to value REITs using NAV and FFO, why management quality matters, and which sectors look most attractive, including data centers, cell towers, multifamily, retail, and office. We also compare public and private real estate and explore what could drive REIT returns over the next 10 years. To go beyond the podcast: Take the guesswork out of investing, taxes, and retirement. Book a free consultation with Domain Money Today: www.biggerpocketsmoney.com/cfp  Get 50% Off Your First Year of Monarch by using code ‘Pockets': https://www.monarch.com/pockets Kick start your financial independence journey with our FREE financial resources - https://biggerpocketsmoney.com/ Subscribe on YouTube for even more content- www.youtube.com/biggerpocketsmoney  Connect with us on social media to join the other BiggerPockets Money listeners - https://www.facebook.com/groups/BPMoney Connect with Jussi Askola Website: https://www.leonbergcapital.com/ Buy His New Book ‘The Reit Advantage': https://www.amazon.com/dp/9916435359?lv=shuf&channelId=500&plpRedirect=mhFallback Substack: https://www.high-yield-landlord.com/ We believe financial independence is attainable for anyone no matter when or where you're starting. Let's get your financial house in order! Learn more about your ad choices. Visit megaphone.fm/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

REITs have underperformed for 25 years, but could the next decade be different? Jussi Askola joins us to look at where REITs stand today, how they are valued, and where investors may find the best opportunities. We discuss how to value REITs using NAV and FFO, why management quality matters, and which sectors look most attractive, including data centers, cell towers, multifamily, retail, and office. We also compare public and private real estate and explore what could drive REIT returns over the next 10 years. To go beyond the podcast: Take the guesswork out of investing, taxes, and retirement. Book a free consultation with Domain Money Today: www.biggerpocketsmoney.com/cfp  Get 50% Off Your First Year of Monarch by using code ‘Pockets': https://www.monarch.com/pockets Kick start your financial independence journey with our FREE financial resources - https://biggerpocketsmoney.com/ Subscribe on YouTube for even more content- www.youtube.com/biggerpocketsmoney  Connect with us on social media to join the other BiggerPockets Money listeners - https://www.facebook.com/groups/BPMoney Connect with Jussi Askola Website: https://www.leonbergcapital.com/ Buy His New Book ‘The Reit Advantage': https://www.amazon.com/dp/9916435359?lv=shuf&channelId=500&plpRedirect=mhFallback Substack: https://www.high-yield-landlord.com/ We believe financial independence is attainable for anyone no matter when or where you're starting. Let's get your financial house in order! Learn more about your ad choices. Visit megaphone.fm/adchoices

Reit-WM in Aachen beginnt. Kohleausstieg könnte sich verzögern, Solarausbau stockt. Deutschland bleibt als Reiseziel beliebt. Von Jutta Hammann.

Das Wichtigste am Dienstag: Die Bundespolizei verstärkt ihre Drohnenabwehr. Das Niedrigwasser auf dem Rhein wird zunehmend zum Wirtschaftsrisiko. Und in Aachen beginnt die Reitsport-WM

 Join an active community of RE investors here: https://linktr.ee/gabepetersen

Manage for the bad years, not just the good ones. After 57 years in commercial real estate, Luis Belmonte says the biggest lesson isn't how to maximize profits during a boom. It's how to build deals that can survive the next recession. In this conversation, Luis shares the unexpected way he entered real estate after returning from Vietnam, how he became one of the original founders of what is now the largest REIT on the New York Stock Exchange, and why decades of experience have taught him to think differently than most investors. He also explains why his company focuses on neighborhood retail properties, affordable housing developments, and smaller investments where the partners maintain greater control. Key Topics Starting a real estate career by accident Lessons learned through multiple market cycles Why every investment should be stress tested for a recession Building Walgreens developments and affordable housing projects Why Luis prefers smaller deals over institutional investments The importance of long term fixed rate financing Guest Information Luis Belmonte is a commercial real estate developer, investor, author, and one of the original founders of what became the largest REIT listed on the New York Stock Exchange. He is the founder of Seven Hills Properties and author of several books, including Real Estate 101 and Street Dog MBA. His books are available on Amazon in paperback, Kindle, and Audible formats. Call to Action Check out Luis Belmonte's books on Amazon to learn more from his decades of experience in commercial real estate. Listen on Apple Podcasts: https://podcasts.apple.com/ph/podcast/property-profits-real-estate-podcast/id1445202776 

Spencer Gray and Griffin Haddad return with a data-packed episode digging into whether multifamily is truly turning a corner. They break down UDR's decision to exit the preferred equity business, raise guidance, and buy back its own stock — a move they read as one of the clearest bullish signals from a public REIT in some time — while weighing it against transaction volume and pricing data that hasn't fully confirmed a recovery yet. The conversation covers regional rent growth trends (with the Midwest leading and San Francisco posting standout numbers), the ongoing affordability dynamics pulling renters toward homeownership in Indianapolis, and why garden-style apartment sales volume dropped 21% year over year. Spencer and Griffin also unpack Fed Chair Kevin Warsh's departure from traditional forward guidance, the yen carry trade unwind and its ripple effects on US Treasury yields, and close with an update on the Grant Cardone class action lawsuit and what it reveals about investor fit and fee structures in real estate syndications. Follow The Gray Report for weekly conversations on multifamily investing, macro trends, and the forces shaping commercial real estate.

Barry Jonas, managing director at Truist Securities, joined the REIT Report to discuss the gaming REIT sector, highlighting its acceptance as an asset class that provides a safe, secure rental streamHe noted that when the sector first emerged about 10-15 years ago, “it was seen as an orphan and really misunderstood. But as time has moved on, we are really seeing buy-in from the REIT community.”Investors understand that gaming REITs are “a very safe, durable stream of rent that has tenants who are sizable, most of them are public, audited, and have at this point not seen any major defaults or lack of payments made,” he said.In an environment of macro uncertainty and a K-shaped economic recovery, the sector has still seen low single-digit increases in gaming revenues, Jonas said. “Consumers generally want to go have fun, let off some steam, and go to a casino,” he added.Chapters:00:00 Gaming REITs Resilience00:23 Welcome to REIT Report00:41 How Gaming REITs Work02:08 Tenant Strength and Coverage03:38 Where Casinos Are Located04:59 Fundamentals and Growth Outlook07:40 Deal Flow and Sale Leasebacks09:16 Investor Appetite and Valuations10:26 Online Betting Cannibalization14:03 Future Growth Drivers

Pirasaanth Varatharajan (@thepvrajan) is a Chartered Professional Accountant (CPA, CA), real estate investor and co-founder of Foundation Capital. After starting his career at PwC and later becoming a Partner at Galleon CPA, he transitioned into building a real estate private equity firm focused on multifamily investing, asset management and helping investors create long-term wealth beyond traditional investing.He joins Ara on this episode of #TheTamilCreator to discuss realizing that "the game" was played a certain way, why delaying gratification and avoiding lifestyle inflation changed his financial trajectory, lessons from investing in crypto before his exchange collapsed, why debt isn't as dangerous as many people believe, building wealth through real estate and the mindset shifts that separate financial freedom from time freedom.If you've ever wondered how financially successful people think differently about wealth, risk, debt and long-term investing, this episode is for you.Follow Pirasaanth:- LinkedIn (https://www.linkedin.com/in/pirasaanth/)    Timestamps00:19 — Ara introduces this week's guest, Pirasaanth Varatharajan (PV)01:18 — Growing up in Jane & Finch; building street smarts & hustling Pokemon cards03:59 — Realizing that trading time for money at PWC wasn't sustainable05:38 — Starting his real estate journey; seeing someone do it first07:20 — Knowing someone who knew someone who had retired at 3010:44 — From duplexes and triplexes to collecting as many properties as possible13:51 — The role discipline plays in PV structuring his deals16:43 — What is the Canada Mortgage and Housing Corporation (CMHC)?17:51 — Ensuring business transparency with investors through social stories, live streams, etc.19:47 — Some investment advice for high income earners21:41 — Financial learning lessons from early on his career24:21 — Shifting his mindset from financial freedom to time freedom26:11 — The need for mental stimulation seemingly never going away27:40 — Investment options Foundation Capital offers; private REIT and purpose built rentals30:21 — Fear of risk when expanding Foundation Capital's offering?33:40 — Why the market isn't being corrected despite rentals being more affordable?36:14 — Does PV feel connected to the Tamil community?37:09 — Wealth building myths the Tamil community should rethink39:36 — How he diversifies his wealth40:29 — Advice he would give his 16-year-old self; work on sales44:18 — Personal legacy, compound interest, and delayed gratification48:45 — Creator Confessions58:32 — The Wrap UpIntro MusicProduced And Mixed By:- The Tamil Creator- YanchanWritten By:- Aravinthan Ehamparam- Yanchan Rajmohan        Support the show

Randy Moss, industry principal at Yardi, joined the REIT Report podcast to discuss the relationship between regulatory changes, rising energy costs, and net asset value (NAV), as well as how improving energy and utility data quality can reduce risk and support stronger REIT valuations. Yardi is a Nareit Real Estate Sustainability Partner.When evaluating potential real estate investments, cash flows often take center stage, Moss noted. Investors are increasingly looking for properties that not only have robust cash flows but also incorporate efficiency improvements. Enhancements that boost property efficiency can lead to maximized rents per square foot and higher occupancy rates, ultimately contributing to a more favorable NAV.Moss discussed how recent regulatory trends have introduced new challenges for real estate investors. Building performance standards (BPS) have emerged, mandating that owners meet specific energy and greenhouse gas emissions caps. As these regulations evolve, they come with significant penalties for non-compliance, impacting long-term cash flows dramatically.New York City's Local Law 97 sets stringent limits on emissions and requires reporting based on historical data. With nearly 27,000 buildings affected, compliance is a critical factor in maintaining property value and investment viability.Chapters: 00:50 Meet The Guests 01:24 How Investors Value Buildings 02:22 New Risks To NAV 02:55 Building Performance Standards 04:10 Local Law 97 Fines 05:40 Compliance Keeps Tightening 06:50 Why Data Quality Matters 08:22 AI With Human Oversight 10:50 Why Power Prices Rise 13:34 Future Policy Uncertainty 14:56 Mitigating Energy Cost Risk 18:08 BPS Lease And Tracking Tips 20:48 Bring In Leadership 22:49 Wrap Up And Subscribe

Frasers Property Ltd (FPL) is working with its controlling shareholder to lighten its balance sheet after taking its hospitality Reit private. Its chief financial officer (CFO) Loo Choo Leong talks to BT’s Ben Paul about the deal, the group’s capital recycling strategy, and its plans to lift its ROE and share price. Highlights of the podcast: 03:26 Should investors support the revamp? 07:09 Capital recycling amid higher rates 09:29 Waning excitement, sagging ROEs 14:52 Shares at “unjustifiably” low valuation? --- Send your questions, thoughts, story ideas, and feedback to btpodcasts@sph.com.sg. --- Written and hosted by: Ben Paul (benpaul@sph.com.sg) With Loo Choo Leong, chief financial officer, Frasers Property Ltd Edited by: Nicole Teo & Claressa Monteiro Produced by: Ben Paul, Nicole Teo & Chai Pei Chieh A podcast by BT Podcasts, The Business Times, SPH Media Follow BT Correspondents: Channel: bt.sg/btcobt Amazon: bt.sg/btcoam Apple Podcasts: bt.sg/btcoap Spotify: bt.sg/btcosp YouTube Music: bt.sg/btcoyt Website: bt.sg/btcorresp Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice. --- Discover more BT podcast series: BT Money Hacks: bt.sg/btmoneyhacks BT Podcasts: bt.sg/pcOM BT Market Focus: bt.sg/btmktfocus BT Lens On: bt.sg/btlensonSee omnystudio.com/listener for privacy information.

Capital is rotating, the line between real estate and infrastructure is blurring, and the deals getting done today look different from those of even three years ago. In this episode of CRE Exchange, Omar Eltorai sits down with Tim Bodner, who leads PwC's US and global real estate deals practice, to discuss the firm's 2026 midyear CRE outlook. They cover the real assets convergence thesis, why operational prowess is replacing cap rate compression as the primary value driver, where REIT consolidation goes from here, and how private capital is redefining the dealmaking landscape. Key moments02:10 Midyear outlook key shifts03:35 Real assets convergence07:18 Operating prowess and AI09:07 VCs owning hard assets10:56 Where AI gets used today13:50 Industry bifurcation and new entrants18:09 REIT discounts and consolidation24:26 Private capital and capital solutions28:27 Themes for the back half of 202629:51 Policy uncertainty and data centers31:06 Lightning round and wrapResources mentionedTim Bodner - https://www.linkedin.com/in/timbodner/Navigating the capital rotation and AI-driven convergence reshaping real estate and real assets dealmaking - https://www.pwc.com/us/en/industries/financial-services/library/asset-wealth-management-real-estate-deals-outlook.html

Markets weighed a flurry of corporate earnings alongside an unusually divided Federal Reserve, leaving investors with fresh questions about where opportunities lie. Michelle Martin unpacks Keppel's sharp drop in headline profit and why its underlying business tells a much stronger story as the company continues its asset-light transformation. She also explores why DBS believes StarHub could emerge as an unexpected winner following the collapse of the M1-Simba deal, and what renewed consolidation could mean for Singapore's telecom sector. The programme also covers a strong turnaround at Starbucks, a volatile night on Wall Street following a split Fed decision, and the latest winners and losers from the AI investment cycle, including Microsoft, Samsung Electronics and Meta Platforms. Plus, Singtel's reported plans to unlock value from its fast-growing data centre business, Nxera, through a potential dual listing and REIT, and in the Last Word, why FIFA's proposed US$20 billion commercial rights deal raises bigger questions about the growing influence of private capital in global sport.See omnystudio.com/listener for privacy information.

Chris Reece joins Dave Dubeau to explain how cannabis real estate financing works and why his company focuses on lending against commercial properties instead of investing directly in cannabis businesses. Chris breaks down how cultivation facilities and dispensaries differ, why state regulations matter, and how his team evaluates every deal with conservative underwriting. Rather than relying on the value of expensive cannabis equipment and building improvements, they assume cannabis disappears and lend only against the property's traditional commercial value. The conversation also explores how changes in federal scheduling affect operators, why banking reform remains important, and how investors can use cannabis real estate as a way to diversify their portfolios while generating monthly income. Key Topics Why cannabis businesses often cannot access bank financing Financing cultivation facilities versus dispensaries Conservative underwriting that assumes cannabis has no value Evaluating operators alongside the real estate How recent regulatory changes affect the industry Using cannabis real estate to diversify investment portfolios Guest Information Chris Reece is the founder of MJ REIT, a firm that provides commercial real estate financing for cannabis related properties across multiple states. Website: www.mj-REIT.com Newsletter: www.mj-REIT.com/events Call to Action Visit www.mj-REIT.com/events to sign up for the monthly newsletter and learn more about MJ REIT. If the strategy fits your investment goals, schedule a conversation with Chris and his team.

In this episode of the ASC Podcast with John Goehle, we run through the ASC news that matters — a sweeping CMS enrollment proposal, the anesthesia squeeze, and more — plus a few things we've been seeing out in the field. Then John sits down with two veteran pharmacy consultants for a practical look at medication safety in the surgery center, from patient screening to drug diversion to malignant-hyperthermia readiness. This episode is sponsored by Surgical Information Systems, RFX Solutions, Medserve and  Ambulatory Healthcare Strategies. Notes and Resources from this Episode: CMS seeks new powers to deny or revoke enrollment for “problematic” Medicare providers — Becker's Hospital Review: beckershospitalreview.com CY2027 Home Health PPS proposed rule (CMS-1844-P) — Medicare enrollment provisions (retroactive revocation, location & affiliation rules, 855B private-equity/REIT disclosure); comments due Aug 31, 2026 — CMS fact sheet: cms.gov Elevance's 10% out-of-network penalty — 3 payer moves disrupting ASCs, physicians — Becker's ASC: beckersasc.com Why anesthesia stipends could be inevitable amid outdated ASC models — Becker's ASC: beckersasc.com Feds: Iowa plastic surgeon defrauded Medicare through false billings — Iowa Capital Dispatch: iowacapitaldispatch.com CMS request for information on episode-based payment for ASCs (ASCA opposed) — ASC News: ascnews.com Companion episode: Episode 283 — Pharmacy Management and Recalls . INFORMATION ABOUT THE ASC PODCAST WITH JOHN GOEHLE ASC Central is our one-stop site for ASC bootcamps, on-demand conferences, and membership programs: conferences.asc-central.com Patron Membership — our base membership for podcast listeners: regular group Zoom sessions, a full resource database to help run your ASC, and several free conferences (Conditions for Coverage, Medical Director, Credentialing, and Finance & Accounting). Become a Patron Member Premium Access Program — includes Patron membership PLUS unlimited Bootcamps (Administrator and Director of Nursing, normally $1,899.99 each), our Credentialing, Conditions for Coverage, Medical Director and Infection Control programs, weekly drop-in Zoom sessions, and up to five hours of private consulting. Sign up for Premium Access Compare both programs: conferences.asc-central.com/membership-programs-2   Important Resources for ASCs: Conditions for Coverage: https://www.ecfr.gov/cgi-bin/text-idx?c=ecfr&rgn=div5&view=text&node=42:3.0.1.1.3&idno=42#se42.3.416_150 Infection Control Survey Tool (Used by Surveyors for Infection Control) https://www.cms.gov/Regulations-and-Guidance/Guidance/Manuals/downloads/som107_exhibit_351.pdf Updated Guidance for Ambulatory Surgical Centers - Appendix L of the State Operations Manual (SOM) https://www.cms.gov/Regulations-and-Guidance/Guidance/Manuals/downloads/som107ap_l_ambulatory.pdf https://www.cms.gov/medicareprovider-enrollment-and-certificationsurveycertificationgeninfopolicy-and-memos-states-and/updated-guidance-ambulatory-surgical-centers-appendix-l-state-operations-manual-som Policy & Memos to States and Regions CMS Quality Safety & Oversight memoranda, guidance, clarifications and instructions to State Survey Agencies and CMS Regional Offices. https://www.cms.gov/Medicare/Provider-Enrollment-and-Certification/SurveyCertificationGenInfo/Policy-and-Memos-to-States-and-Regions Other Resources from the ASC Podcast with John Goehle: Visit the ASC Podcast with John Goehle Website Books by John Goehle Get a copy of John's most popular book - The Survey Guide - A Guide to the CMS Conditions for Coverage & Interpretive Guidelines for Ambulatory Surgery Centers

Rich Hill, Global Head of Research and Strategy at Principal Asset Management, told the REIT Report podcast that the REIT market's transition from recovery into expansion is an important signal that indicates the path forward for the broader commercial real estate market.REIT gains so far in 2026 indicate that “predictable earnings and income-driven total returns are becoming more attractive again. That's been out of favor for the past several years, but it seems to be a little bit more in vogue right now,” Hill said.Hill stressed that dispersion in returns is a continuing theme in the CRE market and “investors are going to have to recognize that this cycle is really about picking the right property types in the right markets…this is a cycle for selectivity, this is not a cycle where you can play broad-based mega themes.”Hill said the current cycle should also be viewed through a longer-term lens. Market expansions, he explained, usually last around 12 years. “Why do they last so long? It's just not about price returns, it's also about underappreciated income returns. We think this is actually a really interesting cycle. If you think you've missed the bottom, you haven't. This is going to play out for a long period of time.”

How are Real Estate Investment Trusts (REITs) navigating economic shifts and outperforming the broader equity market in 2026? In this episode of America's Commercial Real Estate Show, host Michael Bull sits down with Edward Pierzak, Senior Vice President of Research at Nareit, to break down the operational performance, balance sheet metrics, and future outlook for the REIT sector. Despite facing macroeconomic shocks like geopolitical conflicts and inflation worries, REITs have maintained incredible momentum throughout the first half of the year. Edward provides an insider look into sector-specific trends—explaining why lodging, resorts, and data centers are leading the pack in 2026 after a turbulent 2025, and how well-amenitized, well-located properties are driving a performance bifurcation within the office sector. Key Topics Covered We explore how REITs are keeping their momentum and outpacing broad equity markets in 2026. Edward shares a deep dive into specific sectors, detailing the rebound of data centers, the rise of lodging and senior housing, and the nuanced truth behind the "office is dead" headlines. We also take a look into Nareit's REIT Industry Tracker, detailing how high occupancy rates, solid FFO, and fixed-rate unsecured debt are giving public REITs a competitive advantage. Additionally, we discuss the lingering public-private divergence, examining why valuations are misaligned and what this dislocation means for savvy institutional and retail investors. Finally, we analyze the recent wave of consolidation, REIT-to-REIT mergers, and the growth of internal investment management platforms. "REITs have had a great start of the year... we still think that there's definitely more fuel in the tank." — Edward Pierzak Whether you are looking to invest, advise, or track institutional quality real estate trends, this episode delivers the vital market intelligence you need to finish 2026 strong.   Connect with Edward Pierzak: https://www.linkedin.com/in/edwardfpierzak Nareit Website: https://www.reit.com/   Connect with Michael Bull & The Show: Michael Bull, CCIM Bull Realty, Inc https://www.linkedin.com/in/michaelbull/   For more commercial real estate market data, sector forecasts, and video episodes, visit CREshow.com.   America's Commercial Real Estate Show is brought to you by our proud sponsors. TCN Worldwide: Commercial real estate property management, leasing, and sales solutions across the US and globally. Learn more: https://www.tcnworldwide.com Build Out: The ultimate product suite for commercial real estate brokerage firms looking to streamline their business. Learn more: https://www.buildout.com   Bull Realty: Regional commercial real estate brokerage services headquartered in Atlanta, delivering market intel and strategies.Learn more: https://www.bullrealty.com Commercial Agent Success Strategies: Twenty-one cloud accessed commercial broker training videos with slide deck action notes. Learn more at https://www.commercialagentsuccess.com/  

Nareit Senior Vice President for Research Ed Pierzak joined the REIT Report podcast to review key themes of Nareit's 2026 mid-year update. He noted that REITs have maintained their outperformance so far this year, with all but two sectors posting gains, and pointed to “really strong momentum” for REITs not only for the remainder of 2026, but beyond.Pierzak noted that often when REITs outperform early in the year, they tend to best broad equity market performance through the remainder of the year—barring any unexpected shocks.As for REIT sectors, he noted that data centers have been one of the top performers so far this year, after they were one of the worst performers in 2025. Taking the top spot this year to date is lodging and resorts, fueled by very strong leisure and business travel demand, Pierzak said.Elsewhere in the podcast, Pierzak discussed the valuation divergence seen between REITs and the broader equity market, as well as private real estate, and the potential for outperformance when that gap closes. He also commented on REIT M&A trends, as well as how REITs are increasingly being used to complement existing investment portfolios.0:00 — Why REITs Now0:21 — Welcome and Guest Intro0:40 — 2026 Performance in Context1:58 — Sector Winners and Losers3:13 — REITs vs Equity Valuations4:07 — Public vs Private Pricing Gap5:41 — What Divergence Means6:17 — M&A and Industry Consolidation7:15 — Capital Access and Financing8:10 — Outlook for Rest of 20269:07 — Wrap Up and Subscribe

How does a physician become a millionaire by age 38? In this Milestones to Millionaire episode, we talk with a physician who recently reached $1 million in net worth at a relatively young age, while also receiving more than $300,000 in student loan forgiveness through Public Service Loan Forgiveness. We discuss the financial decisions that helped build wealth early, the impact of student loan forgiveness, and advice for other physicians working toward financial independence. Building wealth as a physician is often a long journey, but smart financial decisions early in your career can make a major difference. Goodman Capital is a premier real estate credit investment firm specializing in senior-secured, low loan-to-value lending on Class A properties in prime markets across the greater New York metro area. Founded on a family legacy dating back to 1987, Goodman has closed more than $850 million+ across 95+ loans with a track record of zero principal loss. Their flagship private mortgage REIT, Liquid Credit Strategy Fund I, delivered a steady 9% net dividend yield since inception at a very conservative sub-50% LTV. Invest in tax-efficient, high-yield, risk-adjusted debt investment strategies with Goodman Capital at https://whitecoatinvestor.com/goodman Celebrating your stories of success along the journey to financial freedom! Tune in every Monday to the Milestones to Millionaire Podcast, where we celebrate the financial achievements of our listeners and share practical tips for reaching your own milestones. We want to celebrate your milestones—no matter how big or small—and help inspire others to follow your lead. Every week, these episodes feature one listener who has recently achieved a milestone they are proud of and want to celebrate, and they give any advice they have for those who want to follow their example. Make sure to listen every Monday to be inspired by your fellow white coat investors. Celebrate YOUR Milestone on the Milestones to Millionaire Podcast: https://whitecoatinvestor.com/milestones  Website: https://www.whitecoatinvestor.com  YouTube: https://www.whitecoatinvestor.com/youtube  Student Loan Advice: https://studentloanadvice.com  TikTok: https://www.tiktok.com/@thewhitecoatinvestor  Facebook: https://www.facebook.com/thewhitecoatinvestor  Twitter: https://twitter.com/WCInvestor  Instagram: https://www.instagram.com/thewhitecoatinvestor  Subreddit: https://www.reddit.com/r/whitecoatinvestor  Online Courses: https://whitecoatinvestor.teachable.com  Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter 

Dave Bragg, CFO at UDR, Inc. (NYSE: UDR), joined the REIT Report podcast to discuss the multifamily REIT's decision to adopt a monthly dividend, its strategic focus on operational excellence, and the current state of the multifamily real estate market. Bragg noted that adopting a monthly dividend reflects the REIT's efforts to seek new and different sources of capital, including individual investors. Through a range of education efforts, UDR is looking to showcase its “50-year history of about $9 billion of dividends paid,” and a healthy dividend yield today that has been characterized by “stability and growth over time.”UDR is also increasingly applying a data-driven approach to capital allocation, according to Bragg. “It's a very collaborative process that has informed our dispositions and our share buybacks, which have been a focus so far this year,” he said.

The first half of 2026 opened with a soft-landing story and closed with reignited inflation, sub-2% growth, and a hawkish Fed. In this midyear episode of CRE Exchange, Cole Perry and Omar Eltorai work through what did happen: four straight Fed holds, consumer confidence at its lowest in the survey's 70-plus year history, and a frozen housing market.Omar follows with the public markets story, where REITs returned nearly 14%, and REIT M&A is on pace for its most active year in a decade, even as private CRE remained in a gradual recovery mode. The episode closes with original Altus Group research on implied versus realized growth in CRE: when buyers price in growth at acquisition, does that growth actually materialize? And does it protect value?Key moments:01:29 Midyear economy recap02:08 Growth and inflation shocks04:06 Consumer and labor check06:56 Housing and construction trends08:30 Fed holds and rate reality10:14 Public markets snapshot11:50 Credit and data center capital14:12 Rates macro and REIT rally19:04 Fresh labor and construction prints23:22 Implied vs realized growth research29:41 How to access our in-depth research

Kyle Grieve and Shawn O'Malley analyze American Tower, the global cell tower business that powers the wireless networks we rely on every day. They unpack how leasing tower space to carriers creates durable recurring revenue, why its stacked competitive advantages form one of the widest moats in the market, and how a steadily growing debt load complicates the picture. IN THIS EPISODE YOU'LL LEARN: (00:00:00) Intro (00:00:44) How American Tower powers the wireless networks we use (00:05:52) How AMT creates recurring revenue (00:07:04) Why adding additional tenants dramatically boosts profits per tower (00:12:56) The three moats protecting American Tower from competitors (00:30:22) Why the REIT structure forces heavy reliance on debt (00:36:56) What American Tower's capital allocation reveals about management (00:38:36) Whether the data center deal was worth it (00:52:19) How carrier consolidation threatens even the widest moats (00:56:22) Why a wonderful business isn't always a wonderful investment (01:06:48) Intrinsic value of AMT (01:09:04) Whether Kyle and Shawn will add AMT to the Intrinsic Value Portfolio Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠The Intrinsic Value Mastermind Community⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Track ⁠⁠⁠⁠⁠⁠⁠The Intrinsic Value Portfolio⁠⁠⁠⁠⁠⁠⁠. Brad Jacob's first book, ⁠⁠How to Make A Few Billion Dollars⁠⁠. Brad Jacob's follow-up book, ⁠⁠How to Make A Few More Billion Dollars⁠⁠. Listen to Brad Jacob's ⁠⁠interview with David Senra⁠⁠. Follow Kyle on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠X⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Linkedin⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Follow Shawn on ⁠⁠⁠⁠⁠⁠⁠⁠X⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠Linkedin⁠⁠⁠⁠⁠⁠⁠⁠. Ad-free episodes on our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Premium Feed⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. NEW TO THE SHOW? Get smarter about valuing businesses through ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠The Intrinsic Value Newsletter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Check out ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠The Investor's Podcast Starter Packs⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Follow our official social media accounts: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠X⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Try our tool for picking stock winners and managing our portfolios: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TIP Finance⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Enjoy exclusive perks from our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠favorite Apps and Services⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Learn how to better start, manage, and grow your business with the ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠best business podcasts⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. SPONSORS Support our free podcast by supporting our ⁠⁠⁠⁠⁠sponsors⁠⁠⁠⁠⁠: ⁠⁠⁠⁠Fiscal.AI⁠⁠⁠⁠ References to any third-party products, services, or advertisers do not constitute endorsements, and The Investor's Podcast Network is not responsible for any claims made by them. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Kyle Grieve and Shawn O'Malley analyze American Tower, the global cell tower business that powers the wireless networks we rely on every day. They unpack how leasing tower space to carriers creates durable recurring revenue, why its stacked competitive advantages form one of the widest moats in the market, and how a steadily growing debt load complicates the picture. IN THIS EPISODE YOU'LL LEARN: (00:00:00) Intro (00:01:51) How American Tower powers the wireless networks we use (00:06:21) How AMT creates recurring revenue (00:08:09) Why adding additional tenants dramatically boosts profits per tower (00:13:57) The three moats protecting American Tower from competitors (00:32:13) Why the REIT structure forces heavy reliance on debt (00:38:46) What American Tower's capital allocation reveals about management (00:40:22) Whether the data center deal was worth it (00:57:33) How carrier consolidation threatens even the widest moats (01:01:30) Why a wonderful business isn't always a wonderful investment (01:11:35) Intrinsic value of AMT (01:13:52) Whether Kyle and Shawn will add AMT to the Intrinsic Value Portfolio Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TIP Mastermind Community⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Track ⁠⁠⁠⁠⁠⁠The Intrinsic Value Portfolio⁠⁠⁠⁠⁠⁠. Brad Jacob's first book, ⁠How to Make A Few Billion Dollars⁠. Brad Jacob's follow-up book, ⁠How to Make A Few More Billion Dollars⁠. Listen to Brad Jacob's ⁠interview with David Senra⁠. Follow Kyle on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠X⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Linkedin⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Follow Shawn on ⁠⁠⁠⁠⁠⁠⁠X⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠Linkedin⁠⁠⁠⁠⁠⁠⁠. Ad-free episodes on our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Premium Feed⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. NEW TO THE SHOW? Get smarter about valuing businesses through ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠The Intrinsic Value Newsletter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Check out ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠The Investor's Podcast Starter Packs⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Follow our official social media accounts: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠X⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Try our tool for picking stock winners and managing our portfolios: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TIP Finance⁠⁠⁠⁠⁠⁠⁠⁠. Enjoy exclusive perks from our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠favorite Apps and Services⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Learn how to better start, manage, and grow your business with the ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠best business podcasts⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. SPONSORS Support our free podcast by supporting our ⁠⁠⁠⁠sponsors⁠⁠⁠⁠: ⁠⁠Plus500⁠⁠ ⁠⁠Netsuite⁠⁠ ⁠⁠Vanta⁠⁠ ⁠⁠Shopify⁠⁠ References to any third-party products, services, or advertisers do not constitute endorsements, and The Investor's Podcast Network is not responsible for any claims made by them. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Real estate mogul Grant Cardone made his Consensus mainstage debut to explain the unconventional investment strategy he's been building for the past 17 months: fusing Bitcoin directly into large-scale real estate deals to outcompete traditional REITs. Cardone, who first received Bitcoin as payment for a speaking gig and still holds those 115 coins today, argues the hybrid model can deliver 22–32% returns by combining the stability of cash-flowing properties with the upside of Bitcoin. He also shared why he believes this structure could disrupt the entire $4 trillion REIT industry. - Timecodes: 00:00 - Grant Cardone at Consensus Miami 2026 00:40 - How Grant First Discovered Bitcoin 02:02 - Real Estate Bitcoin Hybrid Strategy 05:45 - Why Real Estate Beats Other Asset Classes 08:03 - Disrupting The REIT Industry 14:22 - Going Public And Bypassing The Banks 16:57 - Final Advice: Get Fiat, Build Wealth