Podcasts about usc lusk center

This is the Women of Influence Podcast Series, delivering next level insights and expertise live from GlobeSt's Multifamily Fall 2024 Event.The Women of Influence Podcast Series is an exclusive mini-series of The Crexi Podcast, an insider's look at all things commercial real estate, produced in collaboration with GlobeSt. The Crexi team visited GlobeSt.'s Multifamily Fall Event in Los Angeles, CA, and recorded interviews from the floor of the conference, highlighting movers and shakers in commercial real estate. The Crexi Podcast explores various aspects of the commercial real estate industry in conversation with some of the top professionals in the space. In each episode, we feature different guests to tap into their wealth of CRE expertise and explore the latest trends and updates from the world of commercial real estate. The podcast includes interviews with Kitty Wallace, Vice Chair at Colliers, Claire Johnston, CEO of LendLease Americas, Natalie Greenberg, COO of MJW Investments, and Laurie Morphin, Senior Managing Director at NewPoint Real Estate Capital. Each guest shares their journey into commercial real estate, discusses current market trends, the impact of legislation, the influence of technology on the industry, and their predictions for the future. Knowledge, preparation, and adaptability are emphasized as keys to success in the ever-evolving multifamily and commercial real estate sectors. 00:00 Introduction to The Crexi Podcast00:30 Meet Kitty Wallace: Multifamily Real Estate Expert01:22 Kitty Wallace's Career Journey06:37 Insights on Multifamily Market Trends11:21 Advice for Investors and Brokers13:25 Contact Information and Closing Remarks14:08 Introduction to Claire Johnston16:55 Claire Johnston's Background and Career18:29 Future of Multifamily Real Estate20:29 Emerging Trends in Multifamily Investments20:59 Building Sustainable Communities21:28 Connecting with Claire Johnston22:14 Introducing Natalie Greenberg24:19 Natalie's Journey in Real Estate25:33 Current Trends in Multifamily Real Estate28:17 Advancements in Technology in Real Estate30:29 Predictions for the Future32:48 Mentorship and Networking34:09 Introducing Laurie Morfin35:21 Laurie's Career Path37:36 Current Market Insights40:51 How Tech Will Shift the Multifamily Sector42:33 Closing Remarks and Contact Information About the Speakers:Kitty Wallace is Colliers' #1 internationally ranked multifamily broker, with over 800 transactions totaling $3 billion across the Western U.S., particularly in Southern California. Recognized as an industry leader, she has earned multiple accolades, including the Colliers Everest Award every year since 2010 and several other honors. A sought-after expert, Kitty frequently contributes to top publications and speaks at major real estate conferences while actively mentoring and serving on industry boards like USC Lusk Center and the National Multifamily Housing Council.Claire Johnston, CEO of Lendlease Americas, brings over 26 years of experience in real estate and investment management, overseeing all aspects of the company's regional operations. Previously, she led major projects, including Google Development Ventures' master plans in the Bay Area and Lendlease's military housing portfolio of 40,000+ units. A strong advocate for Diversity, Equity & Inclusion, Claire was named to Globe St. Real Estate Forum's Women of Influence list and recognized by the San Francisco Business Times as one of its Most Influential Women.Natalie Greenberg, Chief Operating Officer at MJW Investments, oversees strategy execution and key business functions, including acquisitions, asset management, and capital markets. Previously, she helped nearly triple Entrada Partners' portfolio as Senior Vice President and held leadership roles at Rexford Industrial, Colony Capital, and Wells Fargo. Active in the industry, she serves as President of the UCLA Real Estate Alumni Group and is a member of ULI's Multifamily Council.Laurie Morfin, Senior Managing Director at NewPoint, specializes in financing solutions for multifamily and commercial real estate investors, leveraging capital from Fannie Mae, Freddie Mac, FHA/HUD, and other sources. With over 25 years in commercial real estate finance, she has originated more than $3 billion and previously held leadership roles at Bellwether Enterprise, PGIM Real Estate, Wells Fargo, and Nationwide Insurance. She earned a Bachelor of Science in Finance from Indiana University's Kelley School of Business.About GlobeSt. Women of Influence: The Women of Influence Conference is an exclusive two-day event that celebrates the women who drive the commercial real estate industry forward. These influential leaders will discuss the critical issues facing CRE now and in the future, what it means to be a woman in business today and how women CRE leaders can uplift and support each other on their journey to the top.  If you enjoyed this episode, please subscribe to our newsletter and enjoy the next podcast delivered straight to your inbox. For show notes, past guests, and more CRE content, please check out Crexi's blog. Ready to find your next CRE property? Visit Crexi and immediately browse 500,000+ available commercial properties for sale and lease. Follow Crexi:https://www.crexi.com/​ https://www.crexi.com/instagram​ https://www.crexi.com/facebook​ https://www.crexi.com/twitter​ https://www.crexi.com/linkedin​ https://www.youtube.com/crexi

Jerrold D. Green (Research Professor, USC Annenberg and President & CEO, Pacific Council on International Policy) joins Richard K. Green (Director, USC Lusk Center for Real Estate) to discuss a short list of global hotspots from a United States perspective. Green delivers insights and offers detailed context on Israel-Gaza, China, Mexico, Ukraine-Russia, and the unique position the US holds within the global economy and international relations. More: http://lusk.usc.edu/perspectives

How will the US economy perform in 2024? Claudia Sahm (Founder, Sahm Consulting) joins Richard K. Green (Director, USC Lusk Center for Real Estate) to discuss the US economy's recovery from COVID along with additional shocks and infer the implications of the Federal Reserve's playbook for 2024. Sahm's key points: - The US economy undeniably turned a corner in 2023 - The US recovery remains stronger than its peer countries - The Federal Reserve will continue their conservative approach to rate cuts - The greatest risk to the market in the near future is the Federal Reserve's sluggish response Sahm also fields questions on the risk that commercial real estate and regional bank distress poses to the economy, the Federal Reserve's limits on impacting housing affordability, and more. More: https://lusk.usc.edu/perspectives

w/Co-Host, Steven Ebert, Partner, Cassin & Cassin LLP., https://www.cassinllp.com/home/ Richard Kent Green, Director of the USC Lusk Center for Real Estate.  He holds the Lusk Chair in Real Estate and is Professor in the USC Sol Price School of Public Policy and the Marshall School of Business.  https://www.marshall.usc.edu/personnel/richard-kent-greenSee omnystudio.com/listener for privacy information.

Clayton Dube (Director, USC U.S.-China Institute) joins Richard K. Green (Director, USC Lusk Center for Real Estate) to discuss the condition of U.S.-China relations and the latest developments in China's global influence on trade, supply chain issues, technology, and more. Dube highlights a challenge Chinese officials are watching closely in the coming years: stalling economic growth. To approach the “middle-income” problem, Dube notes the ways in which the government has both relaxed and tightened its grip on markets in an effort to continue the economy's upward momentum.   Included in the discussion: Security concerns between the U.S. and China The important distinction between China's total Gross Domestic Product (GDP) and GDP per capita How China's tech rivalry with the U.S. is evolving Why Chinese firms have overpaid in key U.S. real estate transactions   More: https://lusk.usc.edu/perspectives

Joyce Chang (Managing Director & Chair of Global Research, JPMorgan Chase & Co.) delivers an overview of global economic trends to watch heading into 2023 and beyond. In the near term, Chang sees a mild recession taking effect in late 2023, with a true “soft landing”, as identified by the Federal Reserve, being unlikely. She notes that overall cycles may be shorter, with a likelihood of 4-year recessions rather than the historic 8 or 10, and markets that rally faster to regain losses. Included in the long-term outlook are remarks on China's slowing growth, regions that could benefit from supply chain shifts away from China and nearshoring, and the political divides in the US around ESG (Environmental, Social, Governance) projects and investing. Richard K. Green (Director, USC Lusk Center for Real Estate) also fields questions on the US housing crisis, how rapidly rising interest rates could affect regional banks and nontraditional finance, the implications of a global aging population, and more. Timestamps: 00:00 Introduction 01:48 Presentation 41:08 Q+A   More: https://lusk.usc.edu/perspectives

Racial bias in home appraisals and assessments is not just an anecdote. Norm Miller (Hahn Chair & Professor of Real Estate Finance, University of San Diego and Vice President, Homer Hoyt Institute), Ruchi Singh (Assistant Professor, University of Georgia), and Richard K. Green (Director, USC Lusk Center for Real Estate) discuss the statistically significant racial and ethnic biases in appraisals and tax assessments. Miller details the benefits of automated valuation models, but he also cautions that using machine learning without human oversight of variables can result in a different set of biases. Singh shows how assessments are regressive, often resulting in a mismatch of a lower property value with higher property taxes. She also points out contributing factors, including why excluding information like nearby schools or the condition of the home can set the assessments in opposition to appraisals.   More from the discussion: How to make the assessment process fairer The importance of loan-to-value ratios in underwriting Pressure appraisers face in avoiding errors Why short-term and long-term appraisal models will be required to avoid bias   Relevant links: New York Times Story: Home Appraised With a Black Owner: $472,000. With a White Owner: $750,000. https://www.nytimes.com/2022/08/18/realestate/housing-discrimination-maryland.html   Freddie Mac: Racial and Ethnic Valuation Gaps In Home Purchase Appraisals https://www.freddiemac.com/research/insight/20210920-home-appraisals   William Sprigg's Perspective: https://lusk.usc.edu/events/racial-justice-and-economics-crucial-pairing   Freddie Mac's Appraisal Institute Diversity Initiative: https://www.appraisalinstitute.org/the-appraisal-profession/appraiser-diversity-initiative/   More: https://lusk.usc.edu/perspectives

Industry practitioners in lending and policy discuss the research and recommendations in the recently released paper “ADU Construction Financing: Opportunities to Expand Access for Homeowners.” The joint paper, produced by the UC Berkeley Terner Center for Housing Innovation and the USC Lusk Center for Real Estate, compiles national data and stakeholder interviews to provide a picture of the hurtles to financing and what barriers could be removed to bring ADU construction to scale.   Included in the discussion: Recent updates to Freddie Mac's ADU policies How friction during financing curtails homeowner commitment Appraisal gaps in accurately assessing ADU value The role contractors play in mitigating financial risk The importance of targeted consumer protections as more data emerges Paper Link: https://lusk.usc.edu/adu-construction-financing-opportunities-expand-access-homeowners   Introduction and Sponsor Remarks: Richard K. Green (Director, USC Lusk Center for Real Estate) Amy Anderson (Senior Vice President, Wells Fargo Foundation) Racheal Meiers (National Leader, Economic Opportunity, Kaiser Permanente)   Federal Context: Erika Poethig (Special Assistant to the President for Housing and Urban Policy, The White House Domestic Policy Council) Diane Slemmer (Single Family Affordable Lending Manager, Freddie Mac)   Panel Discussion: Ben Metcalf (Managing Director, UC Berkeley Terner Center for Housing Innovation) Meredith Stowers (Branch Business Development Manager, Cross Country Mortgage, LLC) Susan Geddes Brown (Chief Executive Officer, Core SGB, LLC) Samar Jha (Government Affairs Director, AARP)   More: https://lusk.usc.edu/perspectives

Richard Green (Director, USC Lusk Center for Real Estate) delivers a presentation on how the ongoing conflict in Ukraine could impact the global economic trajectory as many countries, including the United States, attempt to cool inflation without triggering a recession. Green dives into more specific factors contributing to the USA's resiliency or vulnerability to global economic shocks. He shares data on why Cap Rates are likely to increase in the future, the trends economists look for with the revitalization of goods and services spending, how real estate impacts inflation, and which US states boast more robust infrastructure to weather any potential global economic downturns. Green also fields questions on affordable housing, the global aging workforce, commercial mortgage rates, and more.

Austin Beutner (Founder and Chair, Vision to Learn) joins Richard Green (Director, USC Lusk Center for Real Estate) for a discussion on what it takes to accomplish real change in Los Angeles.    Beutner asserts that the twin forces of leadership and governance have the power to solve many of the ongoing and intensifying issues in the county like homelessness, education, and land use. As Superintendent of LAUSD during the pandemic, Beutner oversaw unprecedented responses like providing free food for the community, securing broadband internet access and devices for students in need, and providing reliable and cost-effective COVID testing for the nation's second-largest school district. Other school districts in 40 states across the country adopted the models LAUSD pioneered to meet their own community needs. With that crisis response as the groundwork, Green and Beutner cover such topics as the inherent limits to the Los Angeles mayoral office, what structures hold back the capacity for LA County to respond effectively, and Beutner's latest project: a ballot initiative to bring the arts to all schools in California, Vote Arts and Minds. More: https://lusk.usc.edu/perspectives

Dana Goldman (Dean, USC Sol Price School of Public Policy) joins Richard K. Green (Director, USC Lusk Center for Real Estate) to provide a look into how the economics of health care contribute to decisions about health policy and the strides that medicine is still making to close gaps in access to care. Pulling from a variety of case studies, Dean Goldman shows why markets don't always work in providing the most cost-efficient care, the economic balance between encouraging innovators and ensuring affordability, and the different ways policymakers and patients determine the value of health. Green and Goldman discuss the evolution of treatments for end-of-life care and the risk of relying solely on philanthropy or intrinsically motivated actors to drive innovation. Goldman also provides potential alternatives to the current system to increase healthcare access and keep medical science moving forward. More: https://lusk.usc.edu/perspectives

He's back! In this episode of We Build Great Apartment Communities, the innovator of urban town houses graces the podcast once more! We have Scott Choppin, the CEO and Founder of The Urban Pacific Group of Companies, who started out as a real estate developer and project manager for various firms. White-knuckling it through adversity in the real estate space, Scott has paved the way for innovation and creativity that is currently challenging the traditional concept of housing. Keep an open mind and let's listen in!   Episode Highlights: Essentials of Deal-Making Real Estate Development Project Management Real Estate as a Framework of Knowledge Leadership and Teamwork Networking Urban Town House (UTH) House Renting Model Breaking Traditional Thinking   Connect with Scott: LinkedIn  FaceBook  Instagram  Twitter  Urban Pacific Website  Email    About Our Guest: Scott K. Choppin is the Founder of the Urban Pacific Group of Companies. Scott oversees all operations of the Urban Pacific family of companies, including business development, capital acquisition, and strategic planning.  Scott created Urban Pacific's new housing innovation called Urban Town House (UTH), which pairs private capital with middle income multi-generational rental housing, With over 35 years in the development business, Scott is a leader in the field, including a position on the Executive Committee of the USC Lusk Center for Real Estate.  Scott is a regular contributor to major media outlets throughout the nation, and has been published in Forbes Magazine, GlobeSt.com, the Los Angeles Times, Builder Magazine, Affordable Housing Finance, Affordable Housing News, and Multi-Family Executive Magazine.  Scott and his wife Becky have been together and happily married for 28 years. They are raising their three children, Sean Patrick 20, Dylan 17, and Jenna 13, who are the fourth generation in the Choppin family in their hometown of Long Beach, CA.  Scott holds a degree in Business Administration with a specialization in Finance from California Polytechnic State University (Cal Poly), San Luis Obispo.   --- Did you enjoy today's episode? Please click here to leave a review for The We Build Great Apartment Communities. Be sure to subscribe on your favorite podcast app to get notified when a new episode comes out! Do you know someone who might enjoy this episode? Share this episode to inspire and empower! Connect with John Brackett and We Build Great Apartment Communities Instagram @webuildgreatcommunities Facebook @buildingreatcommunities LinkedIn @brackettjohn Website www.fidelitybps.com   Subscribe to The We Build Great Apartment Communities Apple Podcasts Spotify   Do you think you would be a great fit for the show? Apply to be a guest by clicking .   Fidelity Business Partners, Inc. 6965 El Camino Real Suite 105-190 Carlsbad, CA 92009 D: 760-301-5311 F: 760-987-6065

Claudia Sahm (Director, Macroeconomic Research, Jain Family Institute) joins Richard K. Green (Director, USC Lusk Center for Real Estate) to look at the US Economy and how the Federal Reserve is responding to inflation, unemployment, and interest rates. Sahm cites that the big picture points to economic recovery, especially while the Fed incorporates the principle lesson of the 2008-2009 financial crisis: remove support gradually or risk a stalled recovery. With appointments incoming, Sahm forecasts that the new and historically diverse Board of Governors will continue to press the Federal Reserve's dual mandate of stable prices and maximum employment. Crucially, Sahm emphasizes that without an end to the pandemic, the economic tides can only change so much, with or without federal intervention. More: https://lusk.usc.edu/perspectives

Richard K. Green (Director, USC Lusk Center for Real Estate) highlights data and analysis from the 201 Casden Multifamily Forecast Report. Before Green dives into forecasted rent, vacancies, and deliveries for Los Angeles, Inland Empire, Orange County, San Diego and Ventura submarkets, he offers an economic context for where Southern California stands. In the context discussion, Green delivers insights into what's happening with the supply chain in the ports of Los Angeles and Long Beach, why cap rates are so low, and how unemployment and total employment impact the delivery of goods, including multifamily construction. More: https://lusk.usc.edu/perspectives

Richard K. Green (Director, USC Lusk Center for Real Estate) moderates a discussion on the growing opportunities PropTech brings to the real estate industry. Travis Putnam (Founder and Managing Partner, Navitas Capital) provides perspective on the overall momentum of venture capital in the space while Ashley Colella (Senior Product Manager, HqO) and Tyler Scriven (Founder and CEO, Saltbox) offer on-the-ground applications to some of the ways that technology is improving the relationship between property owners and tenants, the increasing role of logistics, and the importance of sorting data into actionable insights. More: https://lusk.usc.edu/perspectives

Rachel Elias Wein (Founder & Chief Executive Officer, Wein Plus) joins Richard K. Green (Director, USC Lusk Center for Real Estate) to discuss the retail sectors returning as states continue to reopen and vaccine rates climb. Wein traces the pandemic's impact on retail, including growth in grocery delivery, pet stores, and ecommerce as well as areas that struggled like malls and mid-sized brands. As for the future of retail, Wein notes that an overall decrease in restaurant sales towards lower-cost grocery foods puts more cash in the average consumer's pocket, which may open an opportunity for post-pandemic spending in retail, hospitality, and travel.   Green and Wein discuss how work-from-home will impact retail, particularly weekday spending habits in urban and office hubs as an estimated 20% of the average work week (one day per week) may take place from home. Additionally, they also cover how an aging population's spending habits may favor geographic regions, the feasibility of transitioning customer-based retail locations to more industrial-style fulfillment centers, and how the ubiquity of malls will continue to decline.   More: https://lusk.usc.edu/perspectives

Neha Nanda, MD (Medical Director of Infection Prevention and Antimicrobial Stewardship, Keck Medicine of USC) is joined by Scott B. Laurie (President and Chief Executive Officer, The Olson Company) and Richard K. Green (Director, USC Lusk Center for Real Estate) to discuss the ongoing recovery efforts from COVID-19, how organizations might manage returning to the office, and when everyday life has a chance of achieving a new normal. Nanda also reviews rules of thumb for mask-wearing as well as what vaccine hesitancy may mean for California's herd immunity.   More: https://lusk.usc.edu/perspectives

Richard K. Green (Director, USC Lusk Center for Real Estate) delivers new data from the Casden Spring 2021 Multifamily Forecast Report. Despite outmigration, California housing prices are still climbing, indicating that the state remains a desirable destination for many. However, California's lack of multifamily housing production remains concerning as sunbelt states with more robust construction pipelines like Texas, Arizona, and Nevada continue to siphon off California residents. Green also asserts that Southern California submarkets will largely be influenced not by whether workers return to the office, but by how often.   Panelists Paul M. Keller (Chairman and Chief Executive Officer, Mack Urban) and Tony M. Salazar (President, West Coast Division, McCormack Baron Salazar, Inc.) echo the data with anecdotal evidence from inside the industry. Salazar points out that affordable housing subsidies are offered as a flat rate across the US, and as a result those funds continue to go further in markets where housing production is less expensive. Keller remains skeptical about how the state may change and expects more of the same challenges in the future.

The State of California’s Legislative Analyst’s Office (LAO) estimated that 70,000-110,000 new housing units are needed per year to keep housing prices from rising faster than the national average. What are the most important barriers to new housing construction and what can be done about them?   Scholars Evgeny Burinskiy (Ph.D. in Urban Planning and Development, USC Price), Lois Takahashi (Houston Flournoy Professor of State Government and Director, USC Price in Sacramento), and Richard Green (Director, USC Lusk Center for Real Estate) gather with industry experts Bert Selva (President and Chief Executive Officer, Shea Homes) and Dan Dunmoyer (President and Chief Executive Officer, California Building Industry Association) to discuss results from a new survey of California homebuilders, planning commissioners, and housing advocates.   The survey, supported by a grant from the California Homebuilding Foundation, highlights the differences in perceptions stakeholders have about the development review process. Overall, each stakeholder group universally sees both traffic congestion and affordable housing as a crucial hurdle to overcome as California grows.   More: https://lusk.usc.edu/perspectives

Claudia Sahm (Senior Fellow, Jain Family Institute) joins Richard K. Green (Director, USC Lusk Center for Real Estate) to outline the changes in economic policy as the Federal Reserve and Congress have reacted to the COVID-19 pandemic. Sahm, who was inside the Federal Reserve during the Great Recession and recovery, has since devised the Sahm Rule Recession Indicator to help policymakers and economists determine the start of a recession based on unemployment rates.   Sahm points out that economic policy has new goals, new tools are being considered, and change will come with growing pains. As for new goals, Sahm sees interest in concepts like full employment, reducing inequality, and acknowledging racism as harbingers of a new school of thought, and one that is less skittish about inflation as the Fed works to build momentum in economic downturns. The new tools and approaches like the child benefit cash transfers in the latest stimulus package display a shift towards providing direct aid, rather than commonly used tax incentives or other targeted programs. Sahm also acknowledges that change means pain while data catches up to policy for the simple reason that some benefits or programs have never before been attempted in the US.   More: https://lusk.usc.edu/perspectives

Originally recorded for “The Bigger Picture” podcast by the USC Bedrosian Center with host Oliva Olson. Falling is the number one cause of injury and the seventh leading cause of death in adults ages 65 and older. In the newly published “Breaking Down Silos to Improve the Health of Older Adults,” Richard Green (Director, USC Lusk Center), Patricia Harris (MD and Geriatric Medicine Specialist, UCLA Health), and Anthony Orlando (Assistant Professor in the Finance, Real Estate, and Law Department, California State Polytechnic University and USC Bedrosian Center Faculty Affiliate) make the case for Medicare coverage of home safety renovations to minimize injurious falls. Olivia Olson speaks with the authors about their recent paper and the changes they hope to see in Medicare coverage.   The Bigger Picture:  https://bedrosian.usc.edu/category/bigpicture/   Lusk Perspectives:  https://lusk.usc.edu/perspectives

Though the end of the pandemic may seem in sight, many questions remain regarding which trends of the past year are permanent. Edward Glaeser (Fred and Eleanor Glimp Professor of Economics, Faculty of Arts and Sciences, Harvard University) and Richard Florida (Professor, School of Cities and Rotman School of Management, University of Toronto and Co-Founder and Senior Editor, Bloomberg CityLab) join Richard Peiser (Michael D. Spear Professor of Real Estate Development, Harvard University) and Richard Green (Director, USC Lusk Center for Real Estate) to confer on the potential outcomes for land use in the US. While both Glaeser and Florida agree that cities at large will return to full strength and influence, they also see individual cities as vulnerable. Regarding office work, Glaeser cites studies that indicate maintaining office culture via remote channels performs well, but growing a company remotely brings significant challenges for both management and employee advancement. Florida sees shifts towards remote and remote-flexible work as a potential revolution in the real estate industry, particularly as amenity-rich smaller cities have an opportunity to build hubs using compact urban models similar to the 15-minute city. More: https://lusk.usc.edu/perspectives  Record date: 2/25/21

Brad Hargreaves (Founder and CEO, Common) joins Richard Green (Director, USC Lusk Center for Real Estate) to discuss how COVID-19 has impacted product typologies of co-living and the role tech plays in managing multifamily properties.   As it varies across the industry, Hargreaves lays out Common’s definition of co-living that distinguishes itself from visions of student housing or roommate matching and management. While co-living makes up a portion of Common’s management portfolio, Hargreaves sees the lowest hanging fruit for most property managers as basic tech upgrades to increase efficiency and centralize efforts like sales, marketing, and leasing to better and more quickly serve tenants. Green fields questions on which cities seem to be making big wins from the increased adoption of remote work, how renters making choices virtually will persist after the pandemic subsides, and what co-living financing really looks like to lenders and borrowers.   More: https://lusk.usc.edu/perspectives

Vicky Schiff is a Founder and Managing Partner of MREC Management and is also the functional Chief Operating Officer of Mosaic Realty. She is an entrepreneur who has co-founded five companies since 1996, including real estate investment, a boutique investment banking firm, and Oro Capital Advisors which focuses on investors interested in acquiring commercial real estate debt and distressed assets across the USA. Vicky also has served on not for profit Advisory Boards such as the Robert Toigo Foundation and the USC Lusk Center of Real Estate and is committed to supporting women and minority emerging real estate firms throughout the US   Listen in as Realty Mogul's CEO, Jilliene Helman, and Vicky Schiff deep dive into the intricacies of the current economic landscape and where they see investment opportunities over the coming months. Vicky shares what she has learned over the course of her career and what the last series of downturns taught her about trusting the data and doing her homework. Vicky also gives practical advice on how long a foreclosure generally takes and how Mosaic mitigates the risk of a longer timeline and goes on to share how long it will be until distressed transactions hit the market and her thoughts on how investors should time their action.   “Doing your due diligence and knowing what questions to ask are the most important things - it's all about protecting the capital you've been entrusted with.” - Vicky Schiff   This week on The Reality Mogul Podcast: An overview of economic drivers in the current climate Vicky's opinion on whether it's a good time to get back into the market Where Vicky sees opportunity today How Mosaic is making plans for the future The asset classes and target areas that make good opportunities The practical process of buying distressed loans The three most critical things to underwrite in good times and bad The rate of return Mosaic looks for when taking on a distressed fund. How Vicky thinks cap rates will adjust between now and 2022 Markets she is interested in and avoiding because of COVID-19   Connect with Vicky Schiff: Mosaic Real Estate  Vicky Schiff on LinkedIn Mosaic Real Estate on Facebook Mosaic Real Estate on Instagram Mosaic Real Estate on Twitter   Connect with Reality Mogul: Realty Mogul Website Realty Mogul on LinkedIn Realty Mogul on Instagram Realty Mogul on Facebook Realty Mogul on Twitter        

William A. Witte (CEO, Related California and Chair, USC Lusk Center for Real Estate) and Nadine Watt (CEO, Watt Companies and Vice Chair, USC Lusk Center for Real Estate) joins Richard Green (Director, USC Lusk Center for Real Estate), to discuss their perspective on the broad trends and challenges facing real estate and urban economics in 2021. The leadership offers viewpoints on California outmigration, how rents are changing in unexpected ways as consumers respond to COVID, and the potential growth (and pitfalls) that remain for Southern California infrastructure. The Lusk Chair and Vice Chair insist that capital availability continues, meanwhile the industry as a whole continues to maintain a “wait and see” strategy to accurately assess how COVID and consumer trends have impacted product types and financial feasibility in the long term. More talks and resources: https://lusk.usc.edu/perspectives

Dana Goldman (Interim Dean, Price School of Public Policy and Director, USC Schaeffer Center) hosts Richard Green (Director, USC Lusk Center for Real Estate) and Thomas Mitchell (Macarthur Fellow and Co-Director, Program in Real Estate and Community Development Law, Texas A&M) in a conversation about Mitchell’s work on attempting to rectify the many ways that Black and other disadvantaged American families are deprived of their real estate wealth. Upon the passing of a land-owning family member without a designated will, a great many properties of Black Americans passed property to multiple interest-owning heirs. Often called an “heirs property” or “tenancy in common”, this arrangement makes the estate easy to enter into a forced sale where the property sells for a fraction of its value. Affecting both rural and urban disadvantaged populations, Mitchell’s work has spearheaded both legal and legislative reforms in several states to help alleviate forced sales of a family’s vital source of generational wealth.

Rodney Ramcharan (Professor of Finance and Business Economics, Marshall School of Business) joins Richard K. Green (Director, USC Lusk Center for Real Estate) to look back at 2009 and the quantitative easing used to inject money into the US economy during the financial crisis. Ramcharan shows that the effects of government intervention in the economy can last a long time, up to six years, with refinance activity providing a key indicator for a business’s future health. Green and Ramcharan discuss how the data gathered since 2009 could inform monetary policy as the effects of the pandemic continue, as well as the varying viewpoints economists have had over the years about the debt ceiling. More: https://lusk.usc.edu/perspectives

Sean Armstrong (Managing Principal, Westport Capital LLC) joins Richard Green (Director, USC Lusk Center for Real Estate) to discuss highlights from his career, his views on acquiring distressed debt, and how COVID could impact the industry. Though the K-shaped recovery will likely be a general trend going forward, Armstrong sees the recovery playing out in very focused markets with multiple intersecting factors including region, product type, COVID progress, and consumer behavior. Green asks questions about Armstrong’s process on looking for opportunities, where he has made mistakes in the past, and what options remain for regional malls in decline.

Richard Green (Director, USC Lusk Center for Real Estate) is joined by Michael Lens (Associate Professor of Urban Planning and Public Policy, UCLA Luskin School of Public Affairs), Michael Manville (Associate Professor of Urban Planning, UCLA Luskin), and Paavo Monkkonen (Associate Professor of Urban Planning and Public Policy, UCLA Luskin) to discuss their joint study on renter distress during the COVID-19 crisis. Among its many findings, the study illustrates that though many households are making rent payments, tenants may be using other means of credit or cutting basic needs spending to do so.

Roy March (CEO, Eastdil Secured) discusses the ins and outs of Commercial Mortgage-Backed Securities (CMBS) with Richard Green (Director, USC Lusk Center for Real Estate). Starting with the history of how CMBS was born out of the Savings and Loan Crisis in the late 1980s and how it gained ground after the 2008 crisis by providing much-needed liquidity, the conversation covers a wide range of the market. March offers insights and observations on how a global aging population focused on long-term saving impacts interest rates, how valuation and refinancing is changing since COVID-19, and what changes have been made in governance to provide more flexibility on loan terms. March also takes a moment to address the shortcomings of the homelessness and housing crisis, particularly in Southern California.

Larry Mantle (Host, AirTalk, KPCC) hosts a discussion regarding California Proposition 15. If passed on November 3rd, this will generate an estimated $6.5 billion to $11.5 billion annually for local governments and K-14 public education by creating a "split roll" property tax system that increases taxes on large commercial properties by taxing them at market value, without changing the assessed valuation process for other properties. Richard Green (Director, USC Lusk Center) briefly introduces the talk while Manuel Pastor (Director, USC Dornsife Equity Research Institute) and Rex Hime (President and CEO, California Business Properties Association) discuss what the ramifications of this proposition could be for California business, local municipalities, and education.

Diane Swonk (Chief Economist, Grant Thornton) discusses where we’ve been and possibly where we’re going as the economy braces for more impacts from COVID-19 with Richard Green (Director, USC Lusk Center). Tracing the line back from January 2020 to the Fall, she overlays her concerns about COVID’s long term impacts on Millennials, Gen Z, Women in the workforce, and the ever-widening gaps in racial disparities. Green offers supporting evidence as well as questions regarding how the supply chain might change. Swonk insists throughout that the course of the virus is the course of the economy regardless of government intervention. For more talks and insights, visit https://lusk.usc.edu/perspectives

Laurie Goodman (Co-Director, Housing and Finance Policy, Urban Institute) sits down with Richard Green (Director, USC Lusk Center) to discuss all things mortgage market including her success and key takeaways from analyzing asset classes in the 2008-2009 financial crisis, how she and her team created the housing credit availability index, the impact of both Dodd-Frank legislation and COVID-19 on the mortgage market. Additionally, Goodman offers data-based observations on credit evaluation flaws and how that widens the black-white homeownership gap.

Nela Richardson (Principal, Investment Strategist, Edward Jones) outlines the factors to consider in determining investment strategy and evaluating the economic outlook as the US continues to navigate impacts from COVID-19. Richardson covers how management of COVID-19 will shape the recovery, the shape of the overall recession, how past and likely future government stimuli help bridge gaps, and what a long-term growth perspective can do for resilient investing. Richard Green (Director, USC Lusk Center for Real Estate) asks questions regarding how bonds have changed; the fate of office space and brick-and-mortar retail; whether the latest corporate commitments to diversity, inclusion, and anti-racism will follow through on their promises; what businesses might move as a result of lockdowns; and more.

William Spriggs, Professor in, and Former Chair of, the Department of Economics at Howard University and Chief Economist for AFL-CIO Richard Green, Director and Chair of the USC Lusk Center for Real Estate and Chair of the Department of Real Estate Development Dana Goldman, Interim Dean, USC Sol Price School of Public Policy and Leonard D. Schaeffer Director’s Chair, USC Schaeffer Center The USC Sol Price School of Public Policy presents virtual events that examine timely public policy and development topics. Events are broadcast live over Zoom. A selection of recordings are available on our YouTube channel for viewing after events have passed. Watch the most recent talks below, and visit the event playlists to explore past events. The USC Price School is committed to providing relevant information on critical subjects that matter to us, and we look forward to continuing virtual programming that brings us together during these remote times.

Bonnie M. Wongtrakool (Global Head of ESG Investments, Portfolio Manager, Western Asset Management) discusses the state and the future of ESG (environmental, social, governance) investments with Richard Green (Director, USC Lusk Center for Real Estate). Wongtrakool delivers relevant definitions of ESG, how ESG factors can determine long-term sustainability and viability of an organization or fund, and what trends are driving ESG growth. Green follows up with questions on what makes green buildings more financially resilient, red flags in organizational governance, and what it will take to truly diversity the finance industry.

Christopher Mayer (Co-Director, Paul Milstein Center for Real Estate, Columbia Business School) sits down with Richard Green (Director, USC Lusk Center for Real Estate) to deliver a presentation detailing how real estate valuation is changing, especially in relation to the economy as a whole, and what the near and long-term future of cities may be. Though there is much to be concerned about regarding rent collections and mortgages, Mayer points out that the key to real estate valuation is estimating the new price level at the end of the recession. Mayer sees that larger cities will face big challenges, but large companies and young workers seem to be betting on the cultural payoff of urban density.

Bird Anderson (Executive Vice President, Homebuilder Banking, Well Fargo Commercial Real Estate) provides updates and observations on the state of the current commercial real estate and homebuilding market. Anderson points out that despite record high unemployment, the market is strong, owing in part to the confidence buyers have that remote work will continue to play a major role in the work week. Builders may be cautiously optimistic, but Anderson insists no one anticipates current trends continuing in the long term. Richard Green (Director, USC Lusk Center for Real Estate) fields questions about how builders are preparing for 2021, construction costs, and how foreign buyers are influencing the California market.

Colin Barrow (Investment Manager, former Leader of Westminster Council) sits down with Richard Green (Director, USC Lusk Center for Real Estate) to detail the state of affairs in Europe as both Great Britain and the European Union begin to navigate into COVID-19 recovery. Barrow points out that though GDP (Gross Domestic Product) has dropped considerably, businesses continue to float due to government intervention. Richard Green asks questions about the European outlook on state-run relief policies, increasing supply chain redundancies, and the long-term fiscal implications of governments paying back loans. Date Recorded: 7/7/20

Connie Chan (General Partner, Andreesen Horowitz) discusses how property technology, finance technology, and venture capital is impacting real estate during COVID-19 and beyond with Richard Green (Director, USC Lusk Center in Real Estate). They cover a broad range of topics including the long-term viability of virtual property sales, the difference between valuation and value, and if technology start-ups could ever disrupt real estate in the same way that travel was once impacted by drastically reducing the reliance on “brokers” or travel agents.

David Brickman (CEO, Freddie Mac) joins Richard Green (Director, USC Lusk Center for Real Estate) to deliver analysis on the state of US single family housing, multi-family housing, and GSEs (Government Sponsored Enterprises). Brickman points out that while the economic contraction has been dramatic since the onset of COVID-19, the data suggests that the economy is recovering with the help of Federal intervention. Richard Green brings up questions regarding the difference in urban vs suburban markets, underwriting loans, and what rent strikes might mean for borrowers.

Torsten Sløk (Chief Economist, Deutsche Bank Securities) joins Richard Green (Director, USC Lusk Center for Real Estate) to outline the three different factors that play into the future of finance, including the virus curve flattening, financial markets stabilizing, and the ultimate shape of the economic recovery. Green offers questions concerning US and China relations, how foreign investment in American real estate might change, and the difference between the finance structure of Europe versus the US.

Scott B. Laurie (President and CEO, The Olson Company) and Adrian Foley (President and COO, Brookfield Residential) join Richard Green (Director, USC Lusk Center) to discuss the state of the home building market, how COVID-19 has impacted the process of purchasing a new home, and how the industry is adapting to meet the needs of its customers. Richard Green fields questions about the software The Olson Company and Bookfield Residential have found helpful, what the CARES Act expiration date in July means for employment, and what long-term changes could be here to stay.

Neeraj Sood (USC Price Vice Dean for Research) discusses early findings of his ongoing LA County antibody study with Richard Green (Director, USC Lusk Center). Sood points out that so far the study indicates that still more COVID-19 numbers are going unreported, even within this particular study. Dr. Sood also explores the various factors effecting policy moving forward, and emphasizes that it should be possible to have some middle ground between strict lockdown and an unregulated (and unsafe) return to normal. Richard Green fields questions about strategy options for the US in comparison to other countries and what can be done about asymptomatic carriers, while Dr. Sood iterates that the knowledge base of COVID-19 is improving, but still needs more growth.

Professor Clayton Dube (Director, USC US-China Institute) and Richard K. Green (Director, USC Lusk Center for Real Estate) discuss the connections between COVID-19 in China and the US. In what ways has the impact of the disease in China mirrored that of the US? What can the US learn about the economic recovery beginning in China now? Professor Dube illuminates the inextricable ties of the two world leaders, and clearly identifies where they are dissimilar and what that might mean for US efforts moving forward.

Richard Green (Director, USC Lusk Center) moderates a panel of real estate industry leaders on what’s happening in today’s commercial real estate market and how to best navigate tough times with commercial tenants during COVID-19. Stanley Iezman (American Realty Advisors), Rachel Elias Wein (WeinPlus), and David B. Dollinger (Dollinger Properties) weigh in on what they’re seeing in industrial, retail, and office properties. What can tenants do who are seeing revenues drop dramatically? What options are available when negotiating debts for an unknown length of time? In addition to considering a variety of questions, the expert panel offers insights for what may be coming next for the industry.

Claudia Sahm offers her views on the current recession as well as options for a few paths forward. Sahm also lays out the timeline of congressional legislation and federal actions thus far in response to COVID-19, and she discusses how sees those actions in comparison to the Great Recession of 2008. Presented by the USC Sol Price School of Public Policy and the USC Lusk Center for Real Estate as part of the "Price Talks: Policy in a Pandemic" series and the "Lusk Perspectives" series. These virtual talks examine policy challenges around the COVID-19 pandemic.

Richard Green, Director and Chair of the USC Lusk Center for Real Estate and Chair of the Department of Real Estate Development The USC Sol Price School of Public Policy presents Price Talks: Policy in a Pandemic, a virtual series examining policy challenges around the COVID-19 pandemic. USC Price faculty share their expert perspective on the critical policy issues that are important to us all in 30-minute lunchtime Zoom presentations open to the entire Price community. Topics will include examining the impact of the crisis on the economy, the homeless crisis, voter turn-out in this year’s election, local government services and our public health infrastructure. These are unprecedented times, and the USC Price School is committed to providing relevant information on critical subjects that matter to us. We look forward to connecting with you soon!

Richard Green, Director and Chair of the USC Lusk Center for Real Estate and Chair of the Department of Real Estate Development The USC Sol Price School of Public Policy presents Price Talks: Policy in a Pandemic, a virtual series examining policy challenges around the COVID-19 pandemic. USC Price faculty share their expert perspective on the critical policy issues that are important to us all in 30-minute lunchtime Zoom presentations open to the entire Price community. Topics will include examining the impact of the crisis on the economy, the homeless crisis, voter turn-out in this year’s election, local government services and our public health infrastructure. These are unprecedented times, and the USC Price School is committed to providing relevant information on critical subjects that matter to us. We look forward to connecting with you soon!

In this podcast episode of HIVE RE:Think, host Philip Beere speaks to Dowell Myers, professor of policy, planning and demography at University of Southern California and Richard Green, professor, director and chair of the USC Lusk Center for Real Estate.

- Dr. Richard Green, Dir. of the USC Lusk Center for Real Estate - Please call 1-800-388-9700 for a free review of your financial portfolio

EP 8: Richard Green, Chair of the USC Lusk Center for Real Estate by Blau Media Group

Rodney Ramcharan of the USC Lusk Center for Real Estate explains the potential effects of the yuan's devaluation on the real estate industry.

- Dr. Richard Green, Director of the USC Lusk Center for Real Estate - Please call 1-800-388-9700 for a free review of your financial portfolio

- Dr. RIchard Green, Director of the USC Lusk Center for Real Estate - Please call 1-800-388-9700 for a free review of your financial portfolio

- Richard Green, Director of the USC Lusk Center for Real Estate Where are we headed with real estate, have we finally seen the bottom

Dr. Richard Green, Marshall School of Business Director for the USC Lusk Center for Real Estate. -Dr. Richard Green gives an overview of the US residential housing market based on the Case Schiller Home Price Indices for 2010.

Dr. Richard Green, Director of the USC Lusk Center for Real Estate. -Dr. Richard Green explains house foreclosure problems and its impact on the real estate market.