Category: Hot Topics

Wealth Management Invest: Breaking Down Semi-Liquid Funds with StepStone’s Bob Long

Wealth Management Invest: Breaking Down Semi-Liquid Funds with StepStone’s Bob Long

In this episode of the Wealth Management Invest podcast, host David Bodamer sits down with Bob Long, CEO and partner of StepStone Private Wealth, to explore StepStone’s approach to developing private market investments for the wealth channel. 

Long discusses why Stepstone has opted for evergreen funds—semi-liquid, continuously invested structures rather than traditional drawdown funds. Such vehicles feature simplified tax reporting, no capital calls, and lower minimums, opening access to a wider range of investors. 

Key highlights from the episode include:

  • An explanation for how evergreen fund structures provide access to investors typically cut off from alternative investments 
  • A discussion of how Stepstone uses the semi-liquid structure across several alternative asset classes including infrastructure, private equity, and private credit.
  • How financial advisors are using semi-liquid funds in some clients’ portfolios 
  • And more

Connect With David Bodamer:

Connect With Bob Long:

About Our Guest:

Mr. Long has three decades of experience in the private markets and has led investment teams for global firms in both the general partner and limited partner roles. He has served as the CEO of two publicly traded companies focused on expanding private market access for high-net-worth investors.

Wealth Management INVEST: Trends in Advisor Portfolio Construction

Wealth Management INVEST: Trends in Advisor Portfolio Construction

David Bodamer of WealthManagement.com sits down with Mike Scarsciotti, SVP and Head of Investment Specialists at Fidelity Investments, to discuss the changing dynamics of portfolio construction. Fidelity draws insights from analyzing 12,000 portfolios. Their conversation covers significant trends, including the growing popularity of ETFs, the resurgence of active management strategies, and evolving approaches to asset allocation gleaned from this analysis.

David and Mike discuss:

  • How the usage of ETFs has grown in individual investment portfolios
  • What is driving the evolution toward increased use of active ETF strategies
  • What insights can be gained from current average portfolio allocations and how those are shifting
  • What opportunities exist in real estate and other undervalued sectors
  • And more

Connect With David Bodamer:

Connect With Mike Scarsciotti:

About Our Guest:

Mike Scarsciotti leads the specialist sales team within Fidelity Institutional, including Asset Class Investment Specialists (Global Equity, Fixed Income, and Alternatives), Portfolio Solution Specialists (Model Portfolios and Direct Indexing), and Capital Market Strategists.

Wealth Management INVEST: Private Market Insights with Blackstone’s Joan Solotar

Wealth Management INVEST: Private Market Insights with Blackstone’s Joan Solotar

David Bodamer sits down with Joan Solotar, Global Head of Private Wealth Solutions at Blackstone, to explore the evolution of private market investments and how financial advisors can leverage these opportunities to enhance their clients’ portfolios. Joan discusses how technology and innovation are reshaping investment processes, making it easier for a broader range of investors to participate in private markets.

Gain insight as David and Joan touch on:

  • The increasing accessibility of private investments to individuals with lower investible assets
  • The role of education in helping advisors effectively utilize private market solutions
  • How technology is streamlining the investment process for advisors and investors
  • Insights into portfolio construction using private equity, credit, and real estate
  • And more

Connect With David Bodamer:

Connect With Joan Solotar:

About Our Guest:

Joan Solotar is the Global Head of Private Wealth Solutions. She serves on the firm’s Management Committee. Blackstone’s Private Wealth Solutions’ mission is to bring institutional quality products across a broad spectrum of alternative asset classes to high-net-worth clients and their advisors. Ms. Solotar also serves on the board of directors of First Eagle Investment Management.

Before joining Blackstone in 2007, Ms. Solotar was Head of Equity Research at Bank of America Securities and a highly ranked Institutional Investor All-Star financial services analyst at Credit Suisse and Donaldson, Lufkin & Jenrette.

Wealth Management INVEST: Assessing Active ETFs, Live from the Morningstar Investor Conference with Jack Shannon

Wealth Management INVEST: Assessing Active ETFs, Live from the Morningstar Investor Conference with Jack Shannon

David Bodamer speaks with Jack Shannon, a senior analyst on Morningstar’s manager research team, in an episode recorded in front of a live audience at the Morningstar Investor Conference. They delve into the distinctions between active and passive ETFs, highlighting the nuances in their management and trading and whether active ETFs deliver on their premises. 

Listen in as David and Jack highlight:

  • The increasing growth of active ETFs, with active launches accounting for a growing percentage of ETF product development
  • Assessment of the performance of active ETFs to date
  • The potential for active ETFs to cannibalize mutual fund assets
  • The turnover rates of active ETFs, with many new launches often closing within a few years due to fad chasing or lack of compelling investment strategies
  • What other research Shannon is working on for the rest of the year
  • And more

Overall, the episode provides an insightful look into the evolving landscape of active ETFs and their place in the broader investment market.

Resources:

 

Connect With David Bodamer:

Connect With Jack Shannon:

About Our Guest:

Jack Shannon is a senior manager research analyst for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. He focuses on actively managed equity strategies and is the lead analyst for MFS and Artisan Partners, among other firms.

Prior to joining Morningstar in 2020, Shannon worked in commercial banking and was a consultant providing subject matter expertise on complex financial litigation. Shannon holds a bachelor’s degree in economics and history from James Madison University. He also holds a Master of Business Administration in investments and corporate finance from the University of Notre Dame’s Mendoza College of Business.

Wealth Management INVEST: Investing in Private Markets with a Fiduciary-First Approach

Wealth Management INVEST: Investing in Private Markets with a Fiduciary-First Approach

WealthManagement.com’s David Bodamer speaks with Jake Miller, Co-Founder and Chief Solutions Officer at Opto Investments, about the evolving landscape of private markets and how RIAs can leverage new strategies to benefit their clients. They touch on the opportunities and challenges within private equity, private credit, infrastructure, and real estate, as well as Opto’s recent partnership with Mercer Advisors.

Jake discusses:

  • The development and goals of Opto Investments and their role in the burgeoning market of private investments for the wealth channel
  • Details about the recent partnership with Mercer Advisors and the opportunities Mercer is bringing to its qualified purchaser clients developed with Opto. 
  • Insights on the current state and future trends within private investments
  • The importance of a fiduciary-first approach in managing private markets
  • And more

Connect With David Bodamer:

Connect With Jacob (Jake) Miller:

About Our Guest:

Jacob (Jake) Miller is the Co-Founder and Chief Solutions Chief Solutions Officer at Opto Investments. Prior to helping found Opto, Jacob was at Bridgewater Associates. He has a passion for sensible long-term investing, systematizing investment processes, and distilling complex market dynamics into clear, logical linkages that help people better understand their investments. 

Jacob has been managing money for family and friends since he was 16 and is a certified market junkie. While he has a background in macroeconomics and high-yield debt, he finds the challenges and opportunities in the private markets space far more interesting and important, both for investors and society.

Wealth Management INVEST: Wealth Enhancement Group’s Approach to Private Investments

Wealth Management INVEST: Wealth Enhancement Group’s Approach to Private Investments

WealthManagement.com’s David Bodamer sits down with Doug Huber, Vice President of Investment Strategy at Wealth Enhancement Group, to delve into how the RIA approaches private market strategies amid the ongoing evolution of alternative investments. 

Doug focuses on:

  • What is the trend of democratization in alternative investments and increased investor access
  • How education plays a crucial role in understanding and leveraging alternative assets
  • The importance for RIAs of undertaking due diligence and manager selection in navigating private markets
  • Strategies that can be employed for portfolio diversification and achieving various investment objectives through alternatives
  • And more

Connect With Doug Huber:

Connect With David Bodamer:

About Our Guest:

Doug is responsible for the firm’s external manager research across both traditional and alternative investment strategies. He joined Wealth Enhancement Group in 2021 through the North American Management merger. Prior to joining North American Management, he was a Senior Research Analyst at Federal Street Advisors, where he led the alternative investment program. A golf fanatic, Doug lives in Lincoln, MA with his wife.

WMRE Common Area: Where Alternative Investments Fit Within an Evolving Market With Patrick McGowan

WMRE Common Area: Where Alternative Investments Fit Within an Evolving Market With Patrick McGowan

There are a lot of reasons why alternatives have a place in investment portfolios. How are current market conditions influencing private equity, private real estate, private credit, and other alternative assets?

In this episode, David Bodamer speaks with Patrick McGowan, Head of Alternative Investments and Manager Research at Sanctuary Wealth, on assessing private equity and private real estate opportunities in a rapidly evolving market. Patrick reveals how Sanctuary is assessing the alternatives space.

Patrick discusses:

  • What alternative investments bring to wealth management client portfolios
  • How he holds honest conversations with clients worried about the impact of recent financial events on the market, including for private real estate
  • Where private equity lenders fit into capital markets given the problems facing banks 
  • Where do tax advantage structures fit when assessing real estate investment  opportunities
  • And more

Resources:

Connect With Patrick McGowan:

Connect With David Bodamer:

About Our Guest:

Patrick McGowan is a Managing Director and Head of Alternative Investments at Sanctuary Wealth. In this role, Mr. McGowan oversees a team responsible for all alternative investment matters including manager sourcing, due diligence, selection, and monitoring. He serves as a member of the Alternative Investment Committee.



WMRE Common Area: Exploring Tax-Advantaged Real Estate Options with Louis Rogers

WMRE Common Area: Exploring Tax-Advantaged Real Estate Options with Louis Rogers

Some real estate structures offer investors major tax benefits. Like-kind exchanges allow investors to roll capital gains from one real estate investment into a new one. DSTs allow 1031 exchangers to pool capital into a fund. Qualified Opportunity Zone funds  allow investors to defer capital gains from any previous investments. 

In this episode, David Bodamer speaks with Louis Rogers, founder and Co-CEO of Capital Square, tax-advantaged real estate. Louis outlines the different structures and where his firm sits within the marketplace.

Louis discusses:

  • How 1031 exchange options evolved, including the creation of Delaware Statuary Trusts
  • Which property types Louis is bullish on in the current climate
  • How he advises investors and chooses the assets for the different structures Capital Square uses
  • How real estate investments fit into estate planning
  • And more

Resources:

Connect With Louis Rogers:

Connect With David Bodamer:

About Our Guest:

Louis J. Rogers is founder and co-chief executive officer of Capital Square, where he oversees the firm’s Delaware statutory trust (DST) programs for investors seeking qualifying replacement property for Section 1031 tax-deferred exchanges and regular (non-exchange) investors.



WMRE Common Area: A CRE Economist’s View of Current Market Conditions

WMRE Common Area: A CRE Economist’s View of Current Market Conditions

David Bodamer is joined by Xander Snyder, Senior Commercial Real Estate Economist at First American, in discussing economic trends impacting commercial real estate, such as demographics, fundraising, investment and lending. 

Snyder monitors, analyzes and reports on economic data and surveys related to CRE, and develops models and forecasts to better understand the forces that influence commercial real estate markets. He also co-manages a small family office of real estate investments.

Xander discusses:

  • What’s driving the pace of real estate investment sales volumes
  • The latest trends on some of the major CRE property types
  • What determines whether offices can be converted to other uses
  • And more

Resources:

Connect With Xander Snyder:

Connect With David Bodamer:

About Our Guest:

Xander Snyder is a real estate economist, investor and serial impact entrepreneur. Xander graduated with a degree in economics from Cornell and a masters degree in data science from Berkeley. He has a background in finance, banking, and global risk.

 

Episode 72: The Rising Popularity of Single-Family Rental Investments

Episode 72: The Rising Popularity of Single-Family Rental Investments

In this episode, David Bodamer shares insights from the WMRE’s 2022 report on the investment and development climate for single-family rentals. He dives into what the current markets are like, what’s driven the creation and success of the market and what the survey results say about the outlook for the next 12 months. 

David discusses:

  • A brief history of the rise of SFRs as an institutional real estate investment subsector
  • The current state SFRs and how demand for by investors to own homes for rent properties affects the single-family housing market more broadly
  • How rising construction costs are factoring into build-to-rent projects
  • How some sentiments have shifted between the current survey and past results
  • And more

Resources:

Connect With David Bodamer:

Episode 70: What Family Offices Want from CRE Investments

Episode 70: What Family Offices Want from CRE Investments

High-net-worth investors and family offices have unique needs when it comes to the commercial real estate market. It’s a way of diversifying their portfolios and, unlike for other investors, it is sometimes a long-term play that plays a role in estate planning and generational wealth strategies.

In this episode, David Bodamer is joined by Belinda Schwartz, partner and chair of Herrick Feinstein. Belinda works with a range of high-net worth individuals and family offices, serving as the outside general counsel to a number of family-owned real estate businesses with portfolios valued above $1 billion.

Belinda discusses:

  • The impact of generational wealth planning when HNWIs and family offices invest in commercial real estate
  • What form HNWI and family office investments take in terms of looking at funds and private placements vs. directly acquiring real estate
  • What property types and markets these investors are interested in
  • How HNWIs and family offices have started experimenting with debt strategies and investing in proptech
  • How the tumult of the last two years has factored into their investment decisions

Connect With Belinda Schwartz:

Connect With David Bodamer:

About Our Guest:

Belinda Schwartz has chaired Herrick’s Real Estate Department since 2014, is a member of the firm’s Executive Committee since 2017, and is a 30+ year veteran of New York City’s commercial real estate market. She is a leader and mentor for 65+ attorneys and urban planners (23 of which are women) and one of the only women in the country to chair a major commercial real estate practice.

Episode 62: Breaking Down the Seniors Housing Industry for 2021 with Beth Burnham Mace

Episode 62: Breaking Down the Seniors Housing Industry for 2021 with Beth Burnham Mace

Understanding the current situation for seniors housing affects everyone on different levels, whether you realize it or not. The seniors housing industry reflects how many other industries are doing, and is heavily affected by the state of the economy. 

In this episode, David Bodamer sits down with Beth Burnham Mace, chief economist and director of outreach at the National Investment Center for Seniors Housing & Care (NIC), to discuss the current situation of senior housing in the US, and their predictions for the 2022 year.  

David and Beth discuss:

  • An outlook at the seniors housing industry for 2021 and 2022
  • What the slow growth rate in seniors housing means for the future 
  • What the market for REITS looks like currently and the capital they have
  • How COVID has affected the seniors housing situation
  • And more

Resources:

Connect With Beth Burnham Mace:

Connect With David Bodamer:

About Our Guest:

Beth Burnham Mace is the Chief Economist and Director of Outreach at the National Investment Center for Seniors Housing & Care (NIC). Prior to joining the staff at NIC, she served as a member of the NIC Board of Directors for seven years and chaired NIC’s Research Committee. Ms. Mace was also a Director at AEW Capital Management and worked in the AEW Research Group for 17 years. Prior to joining AEW in 1997, Ms. Mace spent ten years at Standard & Poor’s DRI/McGraw-Hill as the Director of the Regional Information Service. She also worked as a Regional Economist at Crocker Bank, the National Commission on Air Quality, the Brookings Institution and Boston Edison.

Ms. Mace is a member of the National Association of Business Economists (NABE), the Urban Land Institute (ULI), ULI’s Senior Housing Council and New England Women in Real Estate (NEWIRE/CREW). In 2020, she was inaugurated into the McKnight’s Women of Distinction Hall of Honor. In 2014, she was appointed a fellow at the Homer Hoyt Institute and was awarded the title of a “Woman of Influence” in commercial real estate by Real Estate Forum Magazine and Globe Street. Ms. Mace is a graduate of Mount Holyoke College (B.A.) and the University of California (M.S.). She has also earned The Certified Business Economist™ title (CBE) from the National Association of Business Economists (NABE). Ms. Mace is often cited in the Wall Street Journal, the New York Times, Seniors Housing Business, Seniors Housing News and McKnight’s Senior Living and has a bi-monthly column in the National Real Estate Investor.

Episode 59 – What Financial Advisors Should Know About REITs? With Abby McCarthy

Episode 59 – What Financial Advisors Should Know About REITs? With Abby McCarthy

Investing in REITs can help diversify an investor’s portfolio, which can decrease overall portfolio risk. 

In this episode, David Bodamer is joined by Abby McCarthy, senior vice president of investment affairs with Nareit, as they talk about what financial advisors should know about investing in REITs. 

Abby discusses:

  • The common misconceptions and big questions financial advisors often have about REITs 
  • The proper allocations for REITs within overall investment portfolios
  • What Nareit’s strategy looks like when it comes to educating advisors and investors on the sector
  • And more

Resources:

Connect With Abby McCarthy:

Connect With David Bodamer:

About Our Guest:

Abby McCarthy is the vice president of investment affairs with Nareit. Within Abby’s role, she develops research that can be used within the investor market. Abby creates educational materials that can be shared with investors to understand the current investing environment.

Episode 58 – Net Lease Investing: What’s Trending? –– With Randy Blankstein

Episode 58 – Net Lease Investing: What’s Trending? –– With Randy Blankstein

In this episode, David Bodamer is joined by Randy Blankstein, president of The Boulder Group, a boutique investment real estate service firm specializing in single tenant net lease properties.  David and Randy discuss everything from the effects of COVID on the industry to the potential change in how 1031 exchanges will be taxed and what industry pros are doing to communicate with lawmakers in Washington.

You will learn:

  • How the net lease investment market weathered the storm during the pandemic and proved its mettle as a stable asset class
  • What sub-sectors within the net lease world are proving to be the most popular
  • How the sector has evolved as more types of investors have moved into the space
  • Why the proposed tax reforms from the Biden administration would mean a seismic shift for the sector and what industry pros are doing to try and help shape any legislation that emerges
  • And more!

Tune in to discover what one of the leading authorities in the nation has to say about the net lease sector of commercial real estate.

Resources: Wealth Management Real Estate | The Boulder Group | Randy Blankstein LinkedIn | Ryan

Episode 57 – Institutional Investments: Current Updates & Future Growth Potential –– With Dori Nolan

Episode 57 – Institutional Investments: Current Updates & Future Growth Potential –– With Dori Nolan

With the rollout of vaccines and the end of lockdown orders in several states, the economy is beginning to recover – which means new opportunities for institutional investors.

In this episode, David Bodamer is joined by Dori Nolan, senior vice president of National Client Services at Berkadia to talk about a recent merger that led to the formation of Berkadia Institutional Solutions, Powered by Moran. This new merger is dedicated to providing exceptional service and resources to institutional investors. Dori also shares her expert insights into the latest trends and updates in the real estate market.

You will learn:

  • How a shift in lifestyle preferences has impacted the demand in real estate markets
  • Why institutional investors need to focus their efforts on ESG investing
  • The importance of strategic planning and building client relationships, instead of being merely transaction-based
  • Ways in which technology can help you with data mining and making informed decisions
  • And more!

Tune in to discover what Berkadia Institutional Solutions, Powered by Moran, has in store for institutional investors in the real estate market!

Resources: Wealth Management Real Estate | Dori Nolan on LinkedIn | Berkadia | Ryan

Episode 56 – The Government as a Tenant –– with William Hill

Episode 56 – The Government as a Tenant –– with William Hill

In this episode, David Bodamer speaks with William Hill, vice-chairman of Federal Investor Services Group with Newmark in Washington D.C. David and William (Bill) discuss how the government as a tenant fared during the pandemic for investors in the commercial real estate market.

You will learn:

  • The role Newmark plays in the commercial real estate market
  • During the pandemic, how it has been having the government as a tenant versus another kind of occupier
  • Bill’s views on traditional office space needs as people return to work
  • What sort of implications does the governments potential jobs plan have on the demand for real estate going forward 
  • How does an investor approach this real estate space of having government as a tenant
  • And more!

Tune in now for the latest insights on CRE!

Resources: WealthManagement.com| Newmark | William L Hill Email

Episode 55 – The Time Is Now For Investing in Hotels –– With Carlos Rodriguez

Episode 55 – The Time Is Now For Investing in Hotels –– With Carlos Rodriguez

In this episode, David Bodamer is joined by Carlos Rodriguez, CEO of Driftwood Capital, an umbrella company with three new funds for investors in the hotel sector. They take care of  everything from development, to acquisitions and even preferred equity.  The pandemic has been particularly hard on the hotel industry, so what does that mean for investors? Listen in and see that the future is bright and the time is now to invest in this sector.

You will learn:

  • What Driftwood Capital does within the hotel industry
  • How have the last few months changed Carlos’ outlook and Driftwood Capitals strategies in this space
  • In what ways has COVID-19 forced developers to adapt when creating group or conference spaces
  • Are outdated hotels still the future for multi-family living 
  • And more!

We are social beings and competition will drive people out on the road again. Tune in so you don’t miss your opportunity!

Resources: Wealth Management Real Estate| Carlos Rodriguez LinkedIn | Driftwood Capital

Episode 54: Results of the 2021 CRE Capital Raising Survey –– With Brandon Sedloff

Episode 54: Results of the 2021 CRE Capital Raising Survey –– With Brandon Sedloff

In this episode, David Bodamer discusses the results of Juniper Squares 2021 CRE Capital Raising Survey with Brandon Sedloff, the founding senior vice president of sales.  Juniper Square is transforming the private funds industry with easy-to-use software and solutions that streamline fundraising, investment operations and investor reporting.

You will learn:

  • How Juniper Square is bringing CRE into the 21st century
  • Some of the highlevel takeaways from the Capital Raising Survey
  • As a CRE investor, how one learns about all the options and opportunities available
  • How out-sourcing can be the key component to success
  • And more!

Tune in now for the latest insights on CRE!

Resources: National Real Estate Investor  | Brandon Sedloff LinkedIn | Juniper Square Survey

Episode 53: Why the Opportunities in Real Estate Are Endless –– With Mark Rose

Episode 53: Why the Opportunities in Real Estate Are Endless –– With Mark Rose

In this episode, David Bodamer speaks with Mark Rose, the CEO and chairman of Avison Young, a full-service commercial real estate company. Together, they discuss how this last year has provided the opportunity for not only Avison Young, but for the real estate industry as a whole to grow faster and further than ever before.

You will learn:

  • Mark’s predictions for what the future of the office will look like
  • Whether the adoptions of open-office floor plans will continue
  • What the transition back to working in an office will look like
  • How workplace culture plays a part in a company’s revenue and profits
  • Where the current opportunities are within the real estate industry
  • And more!

Tune in now for the latest insights on CRE!

Resources:  National Real Estate Investor | Avison Young

Episode 52: Logistics is Location! Location! Location! –– With Melinda McLaughlin

Episode 52: Logistics is Location! Location! Location! –– With Melinda McLaughlin

In this episode, David Bodamer has an in-depth conversation with Melinda McLaughlin, the vice-president of research at Prologis, about how automation and the COVID-19 pandemic have impacted the global logistics chain.

You will learn:

  • What opportunities are available to someone who’s interested in investing in the logistics space
  • How the pandemic has brought awareness to shortfalls in the supply chain
  • Ways that customers’ use of supply chain and automation has fundamentally changed during COVID-19
  • The environmental benefits of e-commerce shopping versus brick-and-mortar shopping
  • And more!

Tune in now for the latest insights on CRE!

Resources: National Real Estate Investor  | Melinda McLaughlin on LinkedIn Prologis | Prologis Global Insights & Research

Episode 51: Enduring the Waiting Game: 2020 Retail Through the Eyes of a Transactional Broker –– With Tom Lagos

Episode 51: Enduring the Waiting Game: 2020 Retail Through the Eyes of a Transactional Broker –– With Tom Lagos

In this episode, David Bodamer is joined by Tom Lagos, an executive director with Institutional Property Advisors, an arm of Marcus & Millichap Real Estate Investment Services. Tom has spent the last 27 years as a transactional broker, specializing in the area of shopping centers. Tom talks about how slow and dismal 2020 was for the retail sector considering that in-person meetings and walking the properties were no longer an option. But, as you will soon find out, the future of the retail property sector is starting to look bright again. 

You will learn:

  • What it has been like to try to close deals during COVID-19
  • How valuations fluctuated throughout 2020
  • Whether there are any motivated investors in the retail sector right now
  • Where retail might move to in 10 years if shopping centers are out of the equation
  • And more!

The rebound of brick and mortar is coming! Tune in to discover what the rebound will look like. 

Resources:  Wealth Management Real Estate| Tom Lagos on LinkedIn | Institutional Property Advisors

Episode 50: Why Single Family Rental Housing is Currently on the Rise –– With David Howard

Episode 50: Why Single Family Rental Housing is Currently on the Rise –– With David Howard

In this episode of Common Area Podcast, David Bodamer is joined by David Howard, the executive director at National Rental Home Council (NRHC), to discuss how the single family rental housing market is faring in early 2021.

Together, David and David discuss all the facets of single family rental housing, from who is investing in this market to which demographics are forcing this market to expand.

You will learn:

  • What the NRHC is and how they service the rental market
  • Who makes up the majority of U.S. landlords 
  • What the secret is to providing good customer service in this market
  • How technology is playing a role in the rental industry
  • And more!

We encourage you to listen in, whether you are the investor or the renter, because understanding where the industry is headed will help you make better decisions.

Resources:

Wealth Management Real Estate| National Rental Home Council | David Howard on LinkedIn

Episode 48: Reasons Why Cities Survive Pandemics –– With Matt Pestronk

Episode 48: Reasons Why Cities Survive Pandemics –– With Matt Pestronk

In this episode of Common Area Podcast, David Bodamer talks with Matt Pestronk, president and co-founder of Post Brothers: an industry leading multi-family development company that focuses on Class “A” apartment buildings in Philadelphia.

The two discuss ground-level insights into the multi-family sector, how it has fared throughout 2020, and what can be expected in 2021.  

In this episode, you will learn:

  • Whether this pandemic has damaged commercial real estate in the city
  • Which types of businesses are looking to re-open with an office environment
  • Which apartment-sizes are in-demand right now and which ones are remaining vacant
  • Matt’s intriguing thoughts on how to correct the affordable housing issue in America
  • And more!

Tune in now for the latest insights on CRE (and remember, cities are cities for a reason)!

Resources:  National Real Estate Investor | Post Brothers

 

Episode 47 – 2020’s Lessons Learned in Senior Housing –– With Beth Burnham Mace

Episode 47 – 2020’s Lessons Learned in Senior Housing –– With Beth Burnham Mace

In this episode of Common Area Podcast, David Bodamer is joined by Beth Burnham Mace, the chief economist and director of capital markets outreach at the National Investment Center for Senior Housing and Care (NIC): A non-profit organization that provides options and support for senior housing and care by bringing capital into the industry. 

In this episode, you will learn:

  • What has made some sectors more resilient than others during this pandemic
  • The best ways for an investor to secure financing
  • Whether seniors are even moving into housing right now
  • Whether COVID-19 has changed the operational thought process in senior care
  • And more!

Listen in and hear how the senior living sector plans to bounce back and thrive in post-COVID-19 era!

Resources: National Real Estate Investor | National Investment Center for Senior Housing and Care

Episode 46: Highlights From CBRE’s Market Outlook 2021 –– With Richard Barkham

Episode 46: Highlights From CBRE’s Market Outlook 2021 –– With Richard Barkham

In this episode of Common Area Podcast, David Bodamer discusses the recent report published by CBRE, CBRE Market Outlook 2021, with the CBRE’s Chief Global Economist and Head of America’s Research, Richard Barkham. 

In this episode, you will learn:

  • What real estate’s recovery looks like for 2021
  • How much the outcome of the presidential election will affect this sector
  • What the return to office scenario will look like in 2021
  • How CBRE’s projections for 2021 in the various real estate types will be affected by the large numbers of people who’ve left big cities for a suburban lifestyle
  • And more!

Tune in now to get all the highlights from the CBRE Market Outlook 2021 report!

Resources:  

National Real Estate Investor | CBRE | CBRE Market Outlook 2021

Episode 45 – A Shelter in the Storm: How the Hospitality Industry Is Enduring 2020

Episode 45 – A Shelter in the Storm: How the Hospitality Industry Is Enduring 2020

In this episode of Common Area Podcast, David Bodamer is joined by David Duncan, the president and CEO of First Hospitality: a company that not only strives to provide the very best for their guests but their employees as well.

Together, they discuss how the hospitality industry is staying afloat in the midst of a global pandemic and national civil unrest.  

In this episode, you will learn:

  • Where David Duncan sees the hospitality sector heading in the next six to 12 months.
  • How the sector has weathered the storm of dropoffs in business, convention and leisure travel and which types of hotels have fared the best amid the COVID-19 crisis.
  • What lessons can be learned from previous down cycles in the hotel sector about when investors may want to strike on acquisitions.
  • The importance of the diversity and inclusion at First Hospitality and in the lodging sector more broadly
  • And more!

Tune in now to learn how First Hospitality is setting the pace in hospitality during 2020!

Resources: National Real Estate Investor | First Hospitality

Episode 44: Is the Office Dead?

Episode 44: Is the Office Dead?

In this episode of Common Area Podcast, David Bodamer is joined by Joe Brady, the CEO of the Americas for The Instant Group. 

David and Joe discuss whether workers in the knowledge economy will ever make a full return to the office, the rise of suburban flexible office spaces, and how corporate real estate leaders are re-imagining the design of the traditional office space. 

In this episode, you will learn:

  • How COVID-19 has fueled a drive toward autonomy –– and how we see this played out in worker and consumer behaviors
  • Key takeaways that The Instant Group gleaned from CRE leaders across four continents
  • Whether there is still a demand for brick and mortar with the rise in technology
  • Different ways to approach office design and employee attendance
  • And more!

Tune in now to consider what the future might hold for the modern office. 

Resources:  National Real Estate Investor | The Instant Group

Episode 43: A Window of Opportunity For Great Leadership During COVID-19

Episode 43: A Window of Opportunity For Great Leadership During COVID-19

In this episode of Common Area Podcast, David Bodamer talks to Brian Ward, CEO of Trimont Real Estate Advisors, about how COVID-19 has disrupted the commercial real estate (CRE) industry in 2020. 

They also discuss what opportunities have opened up for leaders, despite the pandemic’s unfortunate impact on several key sectors.  

In this episode, you will learn:

  • What issues have unfolded across CRE property types, from January until now
  • How retail and hospitality have been rocked by COVID-19
  • How COVID-19 factors into the acceleration of technology 
  • What the data is showing for multifamily market
  • What trends investors should watch for
  • And more!

Tune in now for the latest insights on CRE!

Resources:  National Real Estate Investor | Trimont

Episode 42 – Highlights from the CBRE 2020 Scoring Tech Talent Report –– With Colin Yasukochi and Lexi Russell

Episode 42 – Highlights from the CBRE 2020 Scoring Tech Talent Report –– With Colin Yasukochi and Lexi Russell

In this episode of Common Area Podcast, David Bodamer is joined by Colin Yasukochi, the executive director of CBRE Tech Insight Center, and Lexi Russell, the director of research and analysis at CBRE.  

Today, they cover the highlights from CBRE’s Scoring Tech Talent Report, discussing what impact tech talent is having on the real estate industry.

In this episode, you will learn:

  • Key trends from the Scoring Tech Talent Report
  • Where CBRE gathers data from for this report
  • As a real estate investor, why you should pay attention to this report
  • How COVID-19 has affected tech talent collaboration efforts
  • And more!

Tune in now to hear about tech talent and its growth –– and why you should pay attention to it.

Resources:  National Real Estate Investor | CBRE 2020 Scoring Tech Talent 

Episode 40 – 2020 Midyear Outlook

Episode 40 – 2020 Midyear Outlook

In this episode of Common Area Podcast, David Bodamer shares highlights from the CBRE’s midyear market report, including many of the topics from the articles within the NREI 2020 Midyear Update.

In this episode, you will learn:

  • The highest in-demand CRE space for 2020
  • How mall landlords will utilize the vacant space left by stores closing 
  • The projections for the office sector
  • Whether there will still be a need for off-campus student housing in light of COVID-19
  • And more!

Tune in now for your CBRE midyear update!

Resources: National Real Estate Investor | CBRE’s Midyear Market Report | NREI 2020 Midyear Outlook

 

Episode 39: How Malls Are Being Used for More Than Just Shopping

Episode 39: How Malls Are Being Used for More Than Just Shopping

In this episode of Common Area Podcast, David Bodamer speaks with Lou Conforti, CEO of Washington Prime Group (WPG). WPG is a retail REIT and a recognized leader in the ownership, management, acquisition, and development of retail properties. Lou talks about what he and the WPG team are doing to help their tenants continue operating their retail businesses during COVID-19.

In this episode, you will learn:

  • How Washington Prime Group is assisting their tenants during COVID-19
  • Ways that Lou is helping tenants strike a delicate balance between physical space and e-commerce
  • How WPG differentiates itself from other open-air retail centers
  • Creative ways that WPG is using open-air spaces in their assets
  • And more!

Tune in to hear how WPG is collaborating with retail tenants to pivot during the pandemic. 

Resources:   NREI Newsletter | National Real Estate Investor | Washington Prime Group

Episode 38: Real Estate Management and Diversity

Episode 38: Real Estate Management and Diversity

In this episode of Common Area Podcast, David Bodamer is joined by IREM President Cheryl Gray. They examine how the commercial real estate industry has been having conversations about underrepresented groups for some time now, but in today’s atmosphere, people want to stop talking and start doing.

In this episode, you will learn:

  • How the recent rise in protests against racism is leading to to a renewed push in industries to improve diversity and inclusion efforts
  • The obstacles that have faced members of oppressed communities in the past
  • The benefits of having diverse teams
  • How IREM is working to make property management a career of choice
  • And more!

Tune in now to hear how IREM is working to broaden their pool of future employees, find new ways of recruitment, and cultivate from within.

Resources:  National Real Estate Investor | IREM

Episode 37: Trends in Logistics Real Estate During COVID-19

Episode 37: Trends in Logistics Real Estate During COVID-19

In this episode of Common Area Podcast, David Bodamer is joined by Chris Caton, the senior vice president of global strategy and analytics at Prologis. They discuss how the world’s logistical supply chain of the essential industries has outperformed during this lockdown period and where logistics real estate is heading for the foreseeable future.

In this episode, you will learn:

  • Key takeaways that Prologis has seen from being exposed to the effects of the pandemic since the early stages 
  • How the role of e-commerce is changing in the industry
  • Whether the locations of logistics real estate development will change now that more people are working from home
  • And more!

Tune in now to learn about logistics real estate and how it’s keeping the supply chain moving.

Resources:  National Real Estate Investor | Prologis

Episode 36: How COVID-19 is Changing the Real Estate Landscape

Episode 36: How COVID-19 is Changing the Real Estate Landscape

In this episode of Common Area Podcast, David Bodamer talks to Adam Gower, the founder of Gowercrowd, a crowdfunding resource for real estate developers. Together, they discuss why it’s time for investors to consider distressed real estate, examples of adaptive reuse on commercial properties, and other ways that COVID-19 is shaking up commercial real estate. 

In this episode, you will learn:

  • How Gowercrowd is helping its clients during COVID-19
  • Why now is the time to be looking for distressed real estate opportunities
  • Why June 1st is an important date for the real estate market
  • Why working remotely does not have to mean working from home
  • And more!

Tune in for insight into how COVID-19 is changing the commercial real estate market. 

Resources: NREI Newsletter

National Real Estate Investor | Gowercrowd

Episode 35: How the Education Sector is Coping With COVID-19

Episode 35: How the Education Sector is Coping With COVID-19

In this episode of Common Area Podcast, David Bodamer speaks with Kevin Wayer, CEO of brokerage firm JLL’s Public Sector and Higher Education group.

In this episode, you will learn:

  • How JLL finds efficiencies with managing properties and facilities, such as universities
  • Whether it takes a certain type of real estate investor to invest in these types of properties
  • How the sector has been impacted by COVID-19
  • And more!

Tune in now for a glimpse into this seldom-discussed and unique area of the real estate market.

Resources:  National Real Estate Investor | JLL 

Episode 34: Diagnosing the Medical Office Space During COVID-19

Episode 34: Diagnosing the Medical Office Space During COVID-19

In this episode of Common Area Podcast, David Bodamer is recording safely from his Brooklyn home, as his guest, Bob Atkins of Atkins Companies, dials in from New Jersey. Bob is here to discuss how the medical office space is holding up during this crisis and how he sees it emerging once the pandemic is over.

In this episode, you will learn:

  • What changes have been made to Atkins properties
  • How the Atkins tenants have been affected by COVID-19 and how they’re adapting
  • Whether there are still deals to be made in the industry
  • Where Bob sees the future of medical office space heading
  • And more!

Tune in now to consider whether medical office space will become the new craze in retail space.

Resources:  National Real Estate Investor | Atkins Companies

 

Episode 33: The Status of Commercial Lending and Borrowing During COVID-19

Episode 33: The Status of Commercial Lending and Borrowing During COVID-19

In this episode of Common Area Podcast, David Bodamer is recording safely from his home and has a guest on the line: Charles Krawitz, vice president and head of commercial lending at Alliant Credit Union. Charles is here to discuss how the lockdown is affecting commercial borrowers.

In this episode, you will learn:

  • What (if any) deals are happening right now
  • In which areas government funding could be more elevated
  • What to consider before purchasing a distressed property
  • How businesses are faring in their transition to working from home 
  • And more!

Tune in now to get a lender’s perspective on this pandemic in the commercial real estate space.

Resources:  National Real Estate Investor | Alliant Credit Union

Episode 32 – COVID-19’s Impact on the Commercial Real Estate Market

Episode 32 – COVID-19’s Impact on the Commercial Real Estate Market

In this episode of Common Area Podcast, David Bodamer speaks with Adam Hooper, the founder and CEO of RealCrowd. RealCrowd is a digital marketplace for real estate managers that are looking to raise capital from accredited investors. Together, they discuss the impact that COVID-19 is having on commercial real estate –– an industry that was in a fairly strong position prior to the pandemic.

In this episode, you will learn:

  • At what point the commercial real estate markets will start to feel the effects of this pandemic and how far-reaching those effects will be
  • Ways the government is assisting the CRE industry and whether it will be enough
  • What the future might hold for the office-space sector
  • And more!

Tune in now to get the latest scoop on how CRE is faring during this unprecedented time.

Resources:  National Real Estate Investor | RealCrowd

 

NREI Common Area – Episode 31 COVID-19 Update: Some REITs are Getting Hammered, Others are Well In-Demand

NREI Common Area – Episode 31 COVID-19 Update: Some REITs are Getting Hammered, Others are Well In-Demand

In this episode of Common Area Podcast, David Bodamer is recording safely from home to bring you updates on how the real estate industry is responding to the COVID-19 situation, who is thriving, and who is struggling.

In this episode, you will learn:

  • Which sectors of the market are struggling and which ones are in need of human power to keep the supply chain moving
  • How the government is working to support businesses
  • David’s advice to anyone who is considering investing in real estate right now
  • And more!

Tune in now to get the latest updates on how REITs are faring in the midst of COVID-19.

Resources:  National Real Estate Investor | COVID-19 CRE Industry Resource Centre

NREI Common Area – Episode 30 – Will the REIT Markets Hold Strong in 2020?

NREI Common Area – Episode 30 – Will the REIT Markets Hold Strong in 2020?

In this episode of Common Area Podcast, David Bodamer interviews Calvin Schnure, Nareit’s senior vice president of research and economic analysis, about the various REIT markets, how they finished in 2019, and where he predicts they are headed for 2020.

In this episode, you will learn:

  • Which REIT sector finished the strongest in 2019
  • How COVID-19 will affect the REIT space
  • What a “ghost kitchen” is
  • Why REITs can be an important part of your portfolio 
  • And more!

Tune in now to get the latest updates on REITs!

Resources:

National Real Estate Investor 

NREI Common Area – Episode 29 – AKS Capital Partners Acquired by Walker & Dunlop

NREI Common Area – Episode 29 – AKS Capital Partners Acquired by Walker & Dunlop

In this episode of Common Area Podcast, David Bodamer speaks with Adam Schwartz, the senior managing director at Walker & Dunlop, about Walker & Dunlop’s recent acquisition of AKS Capital Partners, a New York City-based capital markets advisory shop. Adam and his three partners had only begun AKS Capital Partners in the summer of 2019, but their knowledge and expertise quickly made them a sought-after commodity in the capital markets space. 

In this episode, you will learn:

  • How Adam made his way to Walker & Dunlop
  • Why Adam believes it made sense to sell AKS to Walker & Dunlop
  • Why communication is the key to Walker & Dunlop’s success
  • What impact new rent regulation will have on multifamily lending
  • And more!

Tune in now to get the scoop on Walker & Dunlop’s recent acquisition of AKS Capital Partners

Resources:

National Real Estate Investor 

Links to more stories:

Walker & Dunlop Acquires AKS Capital Partners

NREI Common Area – Episode 28 – Mega-Merger: Simon Property Group to Buy Taubman Centers

NREI Common Area – Episode 28 – Mega-Merger: Simon Property Group to Buy Taubman Centers

In this episode of Common Area Podcast, David Bodamer discusses the recent mega-merger between Simon Property Group and Taubman Centers. David explores the early days of the retail mall industry, which began with these two retail real-estate giants, to uncover what finally brought these two rivals together. 

In this episode, you will learn:

  • What events led to the REIT revolution
  • About the conflictual past relationship between Simon Property Group and Taubman Centers
  • Insights into why both companies agreed to this merge
  • What Simon Property Group is doing to help struggling retailers
  • And more!

Tune in now to get the backstory behind this mega-merger! 

Resources:

National Real Estate Investor 

Links to more stories:

Breaking Down Simon’s Bet on Taubman

Book Review: A Pioneer’s Tale

 

NREI Common Area – Episode 27: How the Grocer Consolidation Will Impact Shopping Center Landlords

NREI Common Area – Episode 27: How the Grocer Consolidation Will Impact Shopping Center Landlords

In this episode of Common Area Podcast, David Bodamer discusses how grocery stores are evolving to meet consumers’ ever-changing shopping habits, why consolidation is inevitable, and how these changes will impact shopping center landlords.  

In this episode, you will learn:

  • How grocery chains are evolving to accommodate changes in consumer habits
  • Why smaller stores are at risk of being snatched up by the national players and larger chains 
  • Why consolidation can be positive for landlords
  • And more!

What does all of this mean for grocers and landlords going forward? Tune in to find out!

Resources:  National Real Estate Investor 

Read the full story:

Grocer Consolidation Is Expected to Continue. How Will It Impact Shopping Center Landlords?

NREI Common Area – Episode 26: What Does the CRE Industry Think About Trump’s Performance?

NREI Common Area – Episode 26: What Does the CRE Industry Think About Trump’s Performance?

In this episode of Common Area Podcast, David Bodamer shares results from NREI’s new survey, which gauges how the CRE industry views President Donald Trump on the heels of impeachment. And to keep this all in context — the respondents commented on events that took place at the end of 2019, not the president’s most recent actions.

In this episode, you will learn:

  • Why NREI decided to conduct a survey about this particular president
  • How President Trump rates according to the CRE industry
  • How respondents view the impeachment proceedings and whether they believe Trump should be removed from office
  • What percentage of respondents approved and disapproved of Trump’s overall legislative agenda
  • And more!

What is the CRE industry’s sentiments on President Trump? Tune in to find out!

Resources:  National Real Estate Investor 

Read the full story:

Despite Impeachment, President Trump Retains Slight Support from CRE Pros

NREI Common Area – Episode 25: Industries Top Stories for CRE of 2019

NREI Common Area – Episode 25: Industries Top Stories for CRE of 2019

In the final episode of Common Area Podcast for 2019, David Bodamer recaps the commercial real estate industry’s biggest stories of the year. Get ready for an episode that’s full of notable and newsworthy 2019 topics, like the implosion of WeWork and the shakeout in the retail space caused by the shift to direct-to-consumer sales.

In this episode, you will learn:

  • About WeWork’s current state of affairs
  • How the direct-to-consumer trend has affected the industrial sector
  • A new meaning of “diversification” for commercial investors
  • About the different manifestations of diversification in 2019
  • And more!

Tune in now to get the top CRE stories of 2019!

Resources:  National Real Estate Investor 

 

NREI Common Area – Episode 23 – NREI Research Series: Light at the End of the Tunnel for the Retail Sector

NREI Common Area – Episode 23 – NREI Research Series: Light at the End of the Tunnel for the Retail Sector

In this episode of Common Area Podcast, David Bodamer uncovers the findings from their annual research into the retail sector. Retail has had quite a year with chains closing or restructuring under bankruptcy. Will there finally be light at the end of the tunnel for this struggling sector? You’re about to find out.  

In this episode, you will learn:

  • How sentiment has changed in regards to investors’ plans to buy, hold, or sell in this sector
  • How respondents’ predictions about cap rates have shifted significantly
  • What the most popular retail investment is
  • Whether or not tenant sentiment has improved since last year
  • Where rent rates are heading for 2020
  • And more!

Tune in now to get your dose of this week’s top story!

Resources:

National Real Estate Investor 

Links to more stories:

Exclusive Research: Light at the End of the Tunnel?

NREI Common Area – Episode 22 – Will McDonald’s Grill up a New Real Estate Strategy?

NREI Common Area – Episode 22 – Will McDonald’s Grill up a New Real Estate Strategy?

In this episode of Common Area Podcast, David Bodamer serves up one hot story that focuses on McDonald’s. Whenever you see its famous golden arches, you probably recognize this ubiquitous restaurant right away. You might also know that McDonald’s is more of a real estate company than they are a fast-food restaurant. But why is this subject making headlines again? You’re about to find out. 

In this episode, you will learn:

  • How deep the McDonald’s franchise is into real estate
  • Whether it would make sense to split the franchise into REIT and burger chain
  • The scoop on head office’s soaring profits due to the rent paid on franchised restaurants
  • And more!

Tune in now to get your dose of this week’s top story!

Resources:  National Real Estate Investor 

 

Links to more stories:

Under New Leadership, Will McDonald’s Grill Up A New Real Estate Strategy

Walgreens Boots is Exploring a Potential Take-Private Deal

25 Dynamic American Cities

Prologis to Buy Liberty Property in $9.7 Billion Stock Deal

NREI Common Area – Episode 21 – Hot Stories of the Week: October 25, 2019

NREI Common Area – Episode 21 – Hot Stories of the Week: October 25, 2019

In this episode of Common Area Podcast, David Bodamer talks about the news that made headlines this week, including the latest update on Sears, recent research from Hodes Weill, and a Cornell University report showing a rise in target allocations. David also shares news from the Boston area on the lab space market, and whether it is it signalling a downturn ahead.

In this episode, you will learn:

  • Ongoing issues for Sears through bailout and bankruptcy
  • Where large pension funds are investing their money
  • Recent stats showing that lab space markets’ could be signalling a recession
  • And more!

Tune in now to get your dose of this week’s top stories!

Resources:  National Real Estate Investor 

 

Read the full stories:

Sears is Out of Bankruptcy. Can It Survive?

Institutions Continue to Raise Real Estate Allocations in 2019

Does Negative Absorption in One of the Nation’s Largest Lab Space Markets Signal an Oncoming Downturn?

The Market Is Still Not Seeing Enough Affordable and Workforce Housing

Investors Are Still Going After Student Housing Properties

 

NREI Common Area – Episode 20 – Hot Stories of the Week: October 18, 2019

NREI Common Area – Episode 20 – Hot Stories of the Week: October 18, 2019

In this episode of Common Area Podcast, David Bodamer discusses Nestpick’s list of the world’s best cities for Generation Z, what RCA’s research is showing for the slowdown of CRE acquisitions by foreign investors, and lastly what questions California’s new rent control law is posing for multifamily investors. 

In this episode, you will learn:

  • Which city Nestpick ranked highest for Generation Z 
  • The surprising metrics that Nestpick used to score each city
  • Which countries top the list for being active investors in the U.S. CRE market
  • Possible reasons why foreign investors have slowed down on CRE acquisitions
  • The new rent control law’s pros and cons for investors and renters 
  • And more!

Tune in now to get your dose of this week’s top stories!

Resources:  National Real Estate Investor 

Read the full stories:

The World’s Top Cities for Generation Z

Foreign Investors Slow CRE Acquisition Activity

California’s New Rent Control Law Poses Questions for Multifamily Investors

U.S. Retail Construction Levels Remain Well Below Pre-Recession Levels

How Can Commercial Real Estate Players Decide Which Proptech Products Are Worth Their Time and Money?

REITs Are a ‘Dangerous’ Hedge, Says CIO of Kairos Investment Management

Takeaways from the 2019 CRETech Conference

NREI Common Area – Episode 19 – Hot Stories of the Week: October 11, 2019

NREI Common Area – Episode 19 – Hot Stories of the Week: October 11, 2019

In this episode of Common Area Podcast, David Bodamer talks about the big news that hit the shopping sector this week: Bed Bath & Beyond is upping the number of stores it expects to close. As well, you’ll get the latest scoop on CRE investors’ growing interest in casino hotels and investors’ steady attraction to medical office buildings.  

In this episode, you will learn:

  • How a new board of directors is looking to salvage Bed Bath & Beyond
  • Why top casino REITs are succeeding, despite having strong competition in the gaming market
  • How much medical office space is being generated annually
  • And about other headlines too!

Tune in now to get your dose of this week’s top stories!

Resources: National Real Estate Investor 

 

Read the full stories:

Is Bed Bath & Beyond Going Through Temporary Turbulence or More Serious Challenges?

Casino Hotels Are Gaining in Popularity with CRE Investors

Medical Office Buildings Remain in Demand Among Investors

CMBS Issuance Trends Slightly Lower This Year Than in 2018

CRE Lenders Try to Hold On to Underwriting Discipline to Avoid Future Refi Risk

 

NREI Common Area – Episode 18 – Hot Stories of the Week: October 4, 2019

NREI Common Area – Episode 18 – Hot Stories of the Week: October 4, 2019

In this episode of Common Area Podcast, David Bodamer shares highlights from new NREI exclusive research that examines the evolving hospitality sector. As well, he discusses the record-setting surge in investments in real estate tech companies and what is on the horizon for Austin’s CRE market.

In this episode, you will learn:

  • How the rise home-sharing apps, like  Airbnb, is affecting the hospitality market
  • What landlords, developers, and property managers need to focus on when selecting smart home products to attract tenants
  • How the economic boom in Austin is attributing to its growth in the commercial real estate sector
  • And more!

Tune in now to get your dose of this week’s top stories!

Resources:  National Real Estate Investor 

Read the full stories:

Exclusive Research: Navigating an Evolving Hospitality Sector

Global Proptech Investment hits Record High in First Half of 2019

The Outlook for Austin CRE Remains Blazing Bright

Mall Investment Sales Volume Is Down, But Investors Are More Willing to Buy Lower-Tier Assets

Maximizing LIHTC Investments: Understanding Nuances Can Determine Profit

Black Creek CEO Raj Dhanda Talks About Why It Still Makes Sense to Buy Industrial Assets

 

NREI Common Area – Episode 17 – Hot Stories of the Week: September 27, 2019

NREI Common Area – Episode 17 – Hot Stories of the Week: September 27, 2019

In this episode of Common Area Podcast, David Bodamer shares highlights from the current NREI exclusive research series that unveils trends in brokerage firms. As well, he brings you updates on how foreign investors are emerging in the multifamily sector, what industrial investors are doing to the national cap rate, and new opportunities that are in store for self-storage developers.

In this episode, you will learn:

  • What trends are emerging within brokerage firms
  • Which type of firm brokers prefer to work at 
  • Who the top foreign investors are in the multifamily sector 
  • Where the industrial investors are looking in search of higher yields
  • Updates on self-storage developers finding a use for spaces made vacant by retail store closings
  • And more!

Tune in now to get your dose of this week’s top stories!

Resources:  National Real Estate Investor 

Read the full stories:

Exclusive Research: State of the Unions

Foreign Investors Ramp Up Multifamily Acquisitions

Industrial Investors Drive Cap Rates Lower in Secondary and Tertiary Markets

Empty Big-Box Stores Offer an Opportunity for Self-Storage Developers

NREI Common Area – Episode 16 – Hot Stories of the Week: September 20, 2019

NREI Common Area – Episode 16 – Hot Stories of the Week: September 20, 2019

In this episode of Common Area Podcast, David Bodamer and co-host Aric Johnson discuss updates from the stories that we’ve been following for the last few weeks. Get the latest news about the Feds cutting interest rates, WeWork postponing their IPO, and online stores moving to brick-and-mortar spaces.

In this episode, you will learn:

  • How the Fed’s interest rate cuts could affect CRE investors
  • Why WeWork is still not ready to go public
  • What is driving popular online retailers to open physical stores
  • And more!

Tune in now to get your dose of this week’s top stories!

Resources:  National Real Estate Investor 

Read the full stories:

Federal Reserve to Return to Stimulus Pump

Subscription-Based Retailers Getting in on Physical Store Action

WeWork Mulls Governance Changes to Save IPO

PREA Survey Continues to Show Expectations of Moderating Growth, but Sentiment Ticked Up from the Second Quarter

Are California CRE Investors Going to the Midwest in Search of Higher Yields?

Multifamily Investors, Spooked by Tougher Laws, Are Pushing Cap Rates Higher in Markets with Rent Control

Does the Spike in Net Lease Office Acquisitions Signal Waning Confidence in Economy?

NREI Common Area – Episode 15 – Hot Stories of the Week: September 13, 2019

NREI Common Area – Episode 15 – Hot Stories of the Week: September 13, 2019

In this episode of Common Area Podcast, David Bodamer and co-host Aric Johnson discuss highlights from the top stories of this past week. Find out the key takeaways from the NIC Fall 2019 Conference, the latest buzz on WeWork’s IPO, an update on 2019 YTD investment sales figures, and how rising construction costs are disrupting multifamily financing.

In this episode, you will learn:

  • That there is a substantial private-pay seniors housing and care market currently not being served
  • Whether WeWork is the global leader in the co-working and flexible office space that they claim to be
  • About staying cautious while keeping an eye on the slowdown in the commercial real estate sector
  • Why lenders are hesitant to keep pace with the rising costs of construction

Tune in now to get your dose of this week’s top stories!

Resources:  National Real Estate Investor 

Read the full stories:

Five Takeaways From NIC Fall 2019 Conference

WeWork Mulls Governance Changes to Save IPO

Signs of Caution Creeped into the Investment Sales Market in the Second Quarter

Lenders Won’t Cover Rising Construction Costs on Multifamily Projects

NREI Common Area – Episode 14 – Hot Stories of the Week: September 6, 2019

NREI Common Area – Episode 14 – Hot Stories of the Week: September 6, 2019

In this episode of Common Area Podcast, David Bodamer and co-host Aric Johnson discuss top stories affecting the affordable and senior housing sector and they uncover the results from a study focused on female buying power, “Rise of the SHEconomy.” Highlights include investment opportunities near big schools, the latest on affordable and smaller housing markets, and why retailers are turning their efforts to attracting single women to their stores.

In this episode, you will learn:

  • How successful college sports programs can attract investors to the area
  • Insights from the “Rise of the “SHEconomy” study
  • What the HUD reform can mean for senior housing
  • Whether investors can benefit from finding a niche in secondary and tertiary markets 

Tune in now to get your dose of this week’s top stories!

Resources:  National Real Estate Investor 

 

Read the full stories:

Elite Football Programs Translate to Lower Cap Rates on Student Housing Acquisitions

For Many Retailers, Single Women Will Become the Make or Break Demographic, Morgan Stanley Study Finds

HUD Reforms Would Allow Affordable Seniors Housing Projects to Access New Capital Sources

In Search of Yield, More Multifamily Investors Explore Affordable Housing, Smaller Markets

 

NREI Common Area Episode 13 – NREI Research Series: Seniors Housing Market Study, August 30, 2019

NREI Common Area Episode 13 – NREI Research Series: Seniors Housing Market Study, August 30, 2019

Today, co-host Aric Johnson asks David Bodamer the question we all want an answer to but are afraid to ask: Why did we change the name of this podcast from Weekender to Common Area? After David shares the answer, they go on to discuss the data from NREI’s latest research study on the seniors housing market.

In this episode, you will learn:

  • The major takeaways from this year’s research
  • Has there been a shift in the sentiment from previous surveys?
  • How respondents view construction as it affects the senior market 
  • What people are thinking about occupancy rates

Tune in to hear the latest findings from this year’s On Solid Ground study as part of the NREI Research Series.

Resources: National Real Estate Investors  |  Senior Housing Market Study

 

 

NREI Weekender – Episode 12 – Hot Stories of the Week: August 23, 2019

NREI Weekender – Episode 12 – Hot Stories of the Week: August 23, 2019

In this episode of the Weekender podcast, David Bodamer and co-host Aric Johnson discuss top stories centering around the finance and investment side of the industry. Highlights include what the inverted yield curve might mean for investors, highlights from an interview with RCA’s Jim Costello, life insurance companies looking to increase their CRE lending portfolios and how big-chain drugstore closures are impacting the CRE market. 

In this episode, you will learn: 

  • How the inverted yield curve is affecting the market
  • What the latest readings from RCA’s CPPI index mean for investors
  • How life insurance companies are hoping to use interest rate volatility to their advantage to gain market share
  • Whether CRE landlords should be worried about big-chain drugstore closures

Tune in now to get your dose of this week’s top stories!

Resources:   National Real Estate Investor 

Read the full stories:

Yield Curve Inversion Might Be a Good Thing for CRE Investors

RCA’s Jim Costello Breaks Down the Firm’s Latest CPPI Numbers

Life Companies find CRE Opportunities in a Volatile Market 

Should Landlords Worry About DrugStore Closures

NREI Weekender – Episode 11 – Hot Stories of the Week: August 16, 2019

NREI Weekender – Episode 11 – Hot Stories of the Week: August 16, 2019

In this episode of the NREI Weekender Podcast, by Informa, NREIOnline.com, David Bodamer highlights the hot stories of the week. David and co-host Aric Johnson discuss top stories around the correlation between the macro-economic backdrop of the Fed dropping rates and the real estate industry, including office vacancy rates, the state of regional malls, why college graduates are moving home, and the cost of living across the country.

In this episode, you will learn:

  • Which cities are among the top 10 metros for highest office space absorption
  • Why more Gen Z-ers are moving back home after college
  • How PREIT is balancing growing property income with ensuring tenants aren’t rent-burdened
  • Which U.S. cities have the highest and lowest living costs
  • And more!

Tune in now to get your dose of this week’s top stories!

Resources:  National Real Estate Investor 

Read the full stories:

U.S. Office Vacancy Lowest in 18 Years, Despite Lots of New Construction

More Than Half of College Graduates Are Moving in with Parents, Instead of Renting, Survey Finds

PREIT’s Joe Coradino Weighs in on the State of Regional Malls

The Cities with the Lowest (and Highest) Living Costs

 

 

NREI Weekender – Episode 10 – Hot Stories of the Week: August 9, 2019

NREI Weekender – Episode 10 – Hot Stories of the Week: August 9, 2019

In this episode of the NREI Weekender Podcast, by Informa, NREIOnline.com, David Bodamer highlights the hot stories of the week. David and co-host Aric Johnson discuss top stories around the retail market, from mega-malls to old favorites like Barneys New York and dollar stores.

In this episode, you will learn:

  • Is the American Dream mega-mall coming to fruition after 20 years?
  • Why you shouldn’t think of it as a mall, but more like a tourist attraction
  • Why luxury department stores are not immune to high rents and slowing sales
  • Why dollar stores are so attractive to investors and shoppers
  • And more!

Tune in now to get your dose of this week’s top stories!

Resources:  National Real Estate Investor 

Read the full stories:

Can the American Dream Mega-Mall Succeed in a Changing Retail World

What We Know About Barney’s Bankruptcy and Store Closing Plans

Dollar Stores Remain in Demand with Net Lease Investors

Publicly-Traded REITs Tap Equity Markets for Cash

NREI Weekender – Episode 9 – Hot Stories of the Week: August 2, 2019

NREI Weekender – Episode 9 – Hot Stories of the Week: August 2, 2019

In this episode of the NREI Weekender Podcast, by Informa, NREIOnline.com, David Bodamer highlights the hot stories of the week. David and co-host Aric Johnson talk about the trends happening in the multi-family sector, retail sector loans, and an update on the “hot” self-storage sector.

In this episode, you will learn:

  • How labor shortage is affecting rent prices
  • Why we can expect to see an expansion of garden-style apartments in the ‘burbs
  • Why lenders and investors are wary of retail-backed CMBS loans 
  • Which class of self-storage properties is most appealing to investors
  • And more!

Tune in now to get your dose of this week’s top stories!

Resources:  National Real Estate Investor 

Read the full stories:

Construction Labour Shortages are Forcing Rent Growth at Class-A Apartment Buildings

Garden-Style Apartment Projects allow Developers to Expand in the Suburbs

CMBS Issuance Focuses on “Bulletproof” Retail Loans

Investors Continue to Pay Top Dollar for Self-Storage Assets 

 

 

NREI Weekender – Episode 8 – Hot Stories of the Week: July 27, 2019

NREI Weekender – Episode 8 – Hot Stories of the Week: July 27, 2019

In this episode of the NREI Weekender Podcast, by Informa, NREIOnline.com, David Bodamer highlights the hot stories of the week. David and co-host Aric Johnson talk about the valuation of WeWork, the pros and cons of Prologis’s Clear Lease structure, apparel stores lending clothes to gain business, and more competitive terms on “green” and “affordable” loans.  

In this episode, you will learn:

  • Where WeWork’s losses are derived from
  • What the Clear Lease is and what it represents
  • About the try-it-before-you-buy-it sales philosophy
  • What it takes to participate in the green lending program
  • And more!

Tune in now to get your dose of this week’s top stories!

Resources:  National Real Estate Investor 

Read the Full Stories:

What to Think About WeWork’s Valuation? 
Taking an In-Depth Look at the Pros and Cons of Prologis’ Clear Lease Structure  
Apparel Retailers Try Lending Clothes to Draw In Shoppers 
Fannie Mae and Freddie Mac Offer More Competitive Terms on “Green” and “Affordable” Loans

 

NREI Weekender – Episode 7 – Hot Stories of the Week: July 20, 2019

NREI Weekender – Episode 7 – Hot Stories of the Week: July 20, 2019

In this episode of the NREI Weekender Podcast, by Informa, NREIOnline.com, David Bodamer highlights the hot stories of the week. David and co-host Matt Halloran talk about food halls, the use of emerging technology to boost the retail market, recent data around cap rates for multifamily dwellings, and high-profile hotels and big portfolios.  

In this episode, you will learn:

  • How food is driving mall traffic
  • New ways technology can give retail a boost
  • If cap rates are favorable for new investors
  • Luxury hotels — are they still hot items to add to your portfolio?
  • And more!

Tune in now to get your dose of this week’s top stories!

Resources: National Real Estate Investor 

Read the Full Stories:

Food Halls in U.S. Malls are Thriving, but is There Fear of Oversaturation?

Four Emerging Technologies in Retail Real Estate

Cap Rates on Apartment Acquisitions Take a Slight Dip in the 1st Half of 2019

Anbang Bidding Proves Investors Still Want High-Profile Hotels and Big Portfolios

NREI Weekender Episode 6 – NREI Research Series: Annual REITs Study Review, July 13, 2019

NREI Weekender Episode 6 – NREI Research Series: Annual REITs Study Review, July 13, 2019

Today, David Bodamer and co-host Aric Johnson continue with the NREI Research Series by reviewing NREI’s 4th annual REITs study.  

In this episode, you will learn:

  • The major takeaways from this year’s research
  • Which categories are on respondents’ buy and sell lists
  • The status of REIT balance sheets
  • What kind of predictions the study provides for REIT stock prices and returns 
  • And more

Tune in now to hear the latest findings in the review of the fourth annual REITS Study as part of the NREI Research Series.

 

Resources:  National Real Estate Investor 

NREI Weekender – Episode 5 – NREI Research Series: The Multi-family Sector, June 29, 2019

NREI Weekender – Episode 5 – NREI Research Series: The Multi-family Sector, June 29, 2019

In this episode of the NREI Weekender Podcast, by Informa, NREIOnline.com, David Bodamer and co-host Aric Johnson introduce the NREI Research Series and take a close look at the multi-family sector.   

In this episode, you will learn:

  • That multi-family is the strongest real estate sector and is a very stable investment
  • What’s happening with CAP rates
  • Whether investors are looking to buy, hold, or sell
  • Is the development of new properties slowing? Why the answer is “maybe”
  • Whether rent rates are on the rise
  • And so much more…

Tune in now to hear the latest findings on multi-family properties in this first episode of the NREI Research Series.

Resources: National Real Estate Investor 

NREI Weekender – Episode 4 – The Changing Environment in Manhattan Retail: June 22, 2019

NREI Weekender – Episode 4 – The Changing Environment in Manhattan Retail: June 22, 2019

In this episode of the NREI Weekender Podcast, by Informa, NREIOnline.com, David Bodamer is joined by special guest, Nicole LaRusso, CBRE’s director of research and analysis, to talk about Manhattan retail.

In this episode, you will learn:

  • About the significant shifts that have affected retail, from rent prices to consumer habits
  • How storefront healthcare is fast becoming an emerging market and taking up space in retail
  • Why property owners are struggling to keep up with rent changes and their lending agreements 
  • Details on Hudson Yards’ new retail space (embrace the full NY experience!)
  • Findings from the Food and Beverage Report including how much more New Yorkers spend on food and beverages compared to the rest of the country
  • And so much more…

Tune in now to hear about the changing environment in Manhattan retail!

Resources: National Real Estate Investor | Nicole LaRusso

NREI Weekender – Episode 3 – Hot stories of the Week: June 15, 2019

NREI Weekender – Episode 3 – Hot stories of the Week: June 15, 2019

In this episode of the NREI Weekender Podcast, by Informa, NREIOnline.com, David Bodamer highlights the hot stories of this past week. With a common theme this week: “sharing spaces,” David and co-host, Aric Johnson, talk about roommates, businesses, employees, and the levels to which they are all trying to combat the rising costs in rent.

In this episode, you will learn:

  • What part of the world saw the largest rise in office rental costs at 24.7%!
  • Why co-living, which is essentially student housing for adults, is now one of the hottest trends in apartment investing 
  • How mall landlords are benefitting from retail space sharing and which businesses are opting for this arrangement
  • How competition in the co-working sector is creating opportunities for companies to choose the perfect space with new amenities such as gyms, coffee shops, and even  whiskey lounges
  • What’s happening with Non-Traded REITs: an increased focus on improving transparency and reporting while reducing heavy fee structures

Tune in now to get your dose of this week’s hot stories!

Resources: National Real Estate Investor 

Read the Full Stories:

NREI Weekender – Episode 2 – Hot stories of the Week: June 9, 2019

NREI Weekender – Episode 2 – Hot stories of the Week: June 9, 2019

In this episode of the NREI Weekender Podcast, by Informa, NREIOnline.com, David Bodamer highlights the hot stories of this past week. They cover topics ranging from the two property types that are now in demand by HNW investors, to the dwindling optimism in the self-storage sector.

In this episode, you will learn:

  • Which two property types HNW investors now prefer most
  • What is fueling investors’ appetites for power centers, in spite of troubles in the larger retail sector
  • The status of bank risk exposure: Is it uniform across the board?
  • The scoop on apartment building owners’ struggle with tougher energy-use requirements
  • Why developers of self-storage properties are slowing down
  • And more!

Tune in now to get your dose of this week’s hot stories!

Resources:

National Real Estate Investor

Episode 1 – Hot stories of the Week: Challenges Ahead for Fund Managers and Millennials Struggle With Rising Rents

Episode 1 – Hot stories of the Week: Challenges Ahead for Fund Managers and Millennials Struggle With Rising Rents

In this inaugural episode of the NREI Weekender Podcast, by Informa, NREIOnline.com, David Bodamer and Aric Johnson highlight the hot stories of this past week. They cover topics ranging from private equity fund managers fighting to keep their investors happy, to millennials struggling with higher rent costs.

In this episode, you will learn:

  • Why private equity fund managers are struggling in today’s market. Are the investors still satisfied?   
  • Why industrial investment sales have slowed down, despite strong demand from tenants
  • Will an online platform drive business for outlet centers or is it too little too late?
  • What obstacles are keeping younger millennials from moving out and affording rent?
  • About CMBS delinquency rates’ continued decline in April
  • And more!

Tune in now to get your dose of this week’s hot stories!

Resources: National Real Estate Investor

Read the Full Stories:

Private Equity Real Estate Fund Managers Face Growing Pressure on Yields | High Pricing Few Available Asssts Deter Industrial Investment Sales | Simon Launches Online Platform to Drive Business to Outlet Centers. But Is This Move Too Little Too Late? | Younger Apartment Tenants Struggle to Keep Up with Rising Rents | CMBS Delinquency Rate in April Posts Another Decline, Led by Retail-Backed Loans