Category: WMRE Common Area
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

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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

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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

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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

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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

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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

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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.
Wealth Management INVEST: Exploring Private Market Strategies with Tony Davidow

Wealth Management INVEST: Exploring Private Market Strategies with Tony Davidow

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WealthManagement.com’s David Bodamer is joined by Tony Davidow, Senior Alternatives Investment Strategist with Franklin Templeton Institute.  With over 35 years in the industry, Tony shares insights on the increasing accessibility of alternative strategies and the role of private credit, private equity, and real estate in diversified portfolios. He emphasizes the importance of education for advisors in alternative investments, the need for operational efficiency, and working with institutional quality managers to navigate this complex yet rewarding investment space.

Tony focuses on:

  • How interval and tender offer funds have revolutionized access to alternative investments for a broader range of investors
  • The significance of diversification in the 60/40 portfolio strategy and the need for alternative investments in today’s market environment
  • How private equity, private credit, and private real estate hedge against market risks and provide enhanced portfolio diversification
  • Why the institutional quality of asset managers is crucial in ensuring successful investments in alternative asset classes
  • And more

Connect With Tony Davidow:

Connect With David Bodamer:

About Our Guest:

As an investment strategist for the Franklin Templeton Institute, Tony Davidow is responsible for developing and delivering the Franklin Templeton Institute’s insights on the use of alternative investments through independent research, participating in industry conferences, and webinars, and engaging directly with key partners and clients. Prior to his current role, Mr. Davidow held senior leadership roles with Morgan Stanley, Guggenheim and Schwab among other firms. Davidow began his career working for a New York-based Family Office and has worked directly with many institutions and ultra-high-net-worth families over the years. He is a frequent writer and speaker with deep expertise in the use of alternative investments, asset allocation, and portfolio construction, as well as goals-based investing. 

Mr. Davidow received the prestigious Investments & Wealth Institute Wealth Management Impact Award in 2020 for his contributions to the wealth management industry; and was awarded the Stephen L. Kessler writing award in 2017, and honorable distinction in 2015.

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

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

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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: Exploring Interval Funds With Ramin Kamfar

WMRE Common Area: Exploring Interval Funds With Ramin Kamfar

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For many individual investors, the traditional 60/40 portfolio focused on stocks and bonds was the only option they had for investment plans. Bluerock is among a group of alternative asset managers creating offerings meant to increase access to other asset types and investment structures. 

In this episode, David Bodamer speaks with Ramin Kamfar, CEO of Bluerock, on how the firm built its interval funds. Bluerock’s Bluerock Total Income+ Real Estate Fund is the largest real estate interval fund and second largest of all interval funds with more than $6 billion in assets. . 

Ramin discusses:

  • The role of alternative investments in creating an efficient portfolio
  • An explanation of the Bluerock Total Income + Real Estate Fund (TIPRX)
  • Notable trends in the four major sectors of commercial real estate
  • The role of education in raising awareness among advisors about alternative investments
  • And more

Resources:

Connect With Ramin Kamfar:

Connect With David Bodamer:

About Our Guest:

Mr. Kamfar serves as Chief Executive Officer of our Manager, and as Chairman of our board of directors and as our Chief Executive Officer. Mr. Kamfar served as Chairman of the board of directors and Chief Executive Officer of Bluerock Residential Growth REIT, Inc. from August 2008 to October 2022. In addition, Mr. Kamfar has served as Chairman of the board of trustees of Bluerock Total Income + Real Estate Fund, a closed-end interval fund organized by Bluerock, since 2012, and as Chairman of the board of trustees of Bluerock High Income Institutional Credit Fund, a closed-end interval fund organized by Bluerock, since 2022. Mr. Kamfar has also served as Chairman of the board of directors of Bluerock Industrial Growth REIT, Inc. and Chief Executive Officer of its external manager, Bluerock Industrial Manager, LLC, since 2021. Mr. Kamfar is the Founder and has also served as the Chairman and Chief Executive Officer of Bluerock since 2002. Mr. Kamfar has approximately 30 years of experience in various aspects of real estate, private equity, and investment banking. From 1988 to 1993, Mr. Kamfar worked as an investment banker at Lehman Brothers, New York, New York, where he specialized in mergers and acquisitions and corporate finance. From 1993 to 2002, Mr. Kamfar built a startup into a leading public company in the ‘fast casual’ market now known as Einstein Noah Restaurant Group, Inc. Mr. Kamfar received an M.B.A. degree with distinction in Finance from The Wharton School of the University of Pennsylvania, and a B.S. degree with distinction in Finance from the University of Maryland, College Park.
WMRE Common Area: Transforming Real Estate Investment through Fintech Innovation With Ryan Williams

WMRE Common Area: Transforming Real Estate Investment through Fintech Innovation With Ryan Williams

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Real estate investment has historically not been the most innovative space when it comes to using new technologies. But Cadre is aiming to change that. The firm uses predictive models and workflow tools to change the investment experience. It also aims to provide access to real estate investment opportunities previously unavailable to some investors. 

In this episode, David Bodamer speaks with Ryan Williams, founder and CEO of Cadre, about the company’s goal to transform real estate investment and increase access through the use of technology. Williams also discusses his goal in using real estate investment to create economic opportunities in underserved communities.

Ryan discusses:

  • How Cadre’s platform works and what types of investors it works with
  • Cadre’s three-pillar strategy for creating economic opportunities in underserved communities
  • Why and how Cadre is involved in opportunity zone investments
  • Cadre’s plans for growing its investor base
  • And more

Resources:

Connect With Ryan Williams:

Connect With David Bodamer:

About Our Guest:

Ryan Williams is the Founder and CEO of Cadre, a leading real estate technology platform that democratizes access to high-quality commercial real estate opportunities for individual and institutional investors. With ten years of experience in the industry, Ryan has a deep passion for leveraging data, technology, and innovation to transform the way people invest in real estate.

Under Ryan’s leadership, Cadre has achieved remarkable growth, scale, and impact. Cadre has closed over $5 billion in real estate transactions, generated a net annualized return of over 25% for its investors, and developed the industry’s first secondary marketplace for real estate investments. Cadre has also expanded its investor base to more than 50,000 accounts, and launched several new investment products and initiatives, including a fund focused on driving greater diversity and inclusion of operators in Cadre’s ecosystem program. Ryan’s mission is to empower more people to build wealth through real estate, and to make the asset class more transparent, efficient, and liquid.
WMRE Common Area: Exploring Private Real Estate as an Alternative Investment With Jay Miller

WMRE Common Area: Exploring Private Real Estate as an Alternative Investment With Jay Miller

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Using recent Wealthmanagement.com research as a jumping off point, in this episode, David Bodamer speaks with Jay Miller, Chief Investment Officer at Forum Investment Group, exploring the company’s focus on multifamily real estate and the various investment options they offer and emphasizing how alternative investments provide opportunities for average investors to diversify portfolios by accessing asset classes previously limited to institutional investors. 

Jay discusses:

  • Why interest is increasing in alternative investments, including private real estate
  • How advisors can help clients navigate alternative investments
  • The challenge with alternative investments and how technology is making it easier to manage these types of investments
  • The current trends in multifamily real estate 
  • And more

Resources:

Connect With Jay Miller:

Connect With David Bodamer:

About Our Guest:

Jay brings more than 30 years of real estate investment experience to Forum with demonstrated success developing and executing business strategies, and managing teams and systems. As CIO, Jay oversees the firm’s real estate investment team, chairs Forum’s investment committees, and is responsible for driving the firm’s continued growth through multifamily equity and debt investment opportunities.
WMRE Common Area: Diversifying Portfolios with Commodity ETFs With John Love

WMRE Common Area: Diversifying Portfolios with Commodity ETFs With John Love

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Commodities have long been recognized as a valuable diversification tool, but their complexities and limited accessibility have often deterred average investors from including them in their portfolios.

In this episode, David Bodamer speaks with John Love, president and CEO of USCF, on the role of commodities in investment portfolios. They explore the importance of traditional alternative investments like private equity and REITs, as well as the democratization of commodity investing through ETFs.

John discusses:

  • The role of traditional alternative investments in portfolio planning
  • The diversification benefits of commodities
  • How USCF’s ETFs align with the energy transition and the global economy
  • What investors should consider when building a diversified portfolio with alternative investments and commodities
  • And more

Resources:

Connect With John Love:

Connect With David Bodamer:

About Our Guest:

John Love is President and Chief Executive Officer of USCF. Mr. Love previously served as Senior Portfolio Manager of USCF’s products, including the United States Oil Fund (USO) and United States Natural Gas Fund (UNG), the largest oil and natural gas ETFs in the US. Since USCF’s founding, Mr. Love contributed to the firm’s evolution through operations trading, research, product development, marketing, capital markets, and more. 
WMRE Common Area: Navigating Private Real Estate Opportunities for Investor Portfolios With Elizabeth Wohlleb

WMRE Common Area: Navigating Private Real Estate Opportunities for Investor Portfolios With Elizabeth Wohlleb

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Despite the challenges faced by some parts of the commercial real estate industry, the fundamentals of many sectors remain strong and there remains plenty of opportunity for investment. 

In this episode, David Bodamer is joined by Elizabeth Wohlleb, managing director and head of Real Estate Capital Markets with Cresset Partners, to discuss how the group vets opportunities for its funds. 

That includes addressing misconceptions and emphasizing the importance of considering factors like location and asset type. Elizabeth also talks about working with high net worth and retail investors and how they use real estate in their portfolios.. 

Elizabeth discusses:

  • How Cresset Partners works with investors to explore strategic real estate opportunities 
  • The democratization of private real estate investment and increased access for retail investors
  • How Cresset Partners vets real estate deals for its various funds, including in the logistics sector and Qualified Opportunity Zone deals
  • And more

Resources:

Connect With Elizabeth Wohlleb:

Connect With David Bodamer:

About Our Guest:

Elizabeth Wohlleb is Managing Director, Head of Real Estate Capital Markets for Cresset Real Estate Partners. She has responsibility for the capital formation strategy for all Cresset Real Estate Partners investment opportunities and also serves on the Cresset Real Estate Partners Investment Committee.

Elizabeth joined Cresset after leading the U.S. East for the Harrison Street Real Estate Capital Investor Relations team, where she was responsible for overseeing the firm’s capital raising efforts in the Eastern U.S., working with a variety of institutional investors. Prior to Harrison Street, Elizabeth was a Managing Director, Investor Relations with Greenfield Partners, where she was responsible for developing and maintaining relationships with institutional investors and consultants and was a member of Greenfield’s Investment and Compliance Committees. Before Greenfield, Elizabeth was a Director in the Global Client Group at RREEF Real Estate, and a Principal with the Investor Relations team at Capri Capital Partners.



Mike Acton
WMRE Common Area: Current Themes Within the Real Estate Market With Mike Acton

WMRE Common Area: Current Themes Within the Real Estate Market With Mike Acton

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While trends within real estate rise and fall, there are always themes and strategies that can be used in future markets when looking for investment opportunities.

In this episode, David Bodamer speaks with Michael Acton, Managing Director of AEW Capital Management, on what he sees happening within the current real estate market and how investors could benefit. Mike shares his insight on trends and strategies he has seen before and how they are reflected in current investment opportunities.

Mike discusses:

  • The main themes in commercial real estate 
  • What types of properties and strategies create opportunities in the current market
  • How different types of fund structures and loans function when purchasing or financing real estate
  • What investment opportunities exist within the disconnect between listed real estate and private real estate 
  • And more

Resources:

Connect With Mike Acton:

Connect With David Bodamer:

About Our Guest:

Mike Acton, CFA, is a Managing Director of the firm and AEW’s Head of Research & Strategy with responsibility for directing the activities of AEW Research, the firm’s in-house research group. He works closely with the Fund’s investment management team in the development of the Fund’s investment strategy and criteria. Mr. Acton joined the firm in 1990 and has 34 years of experience as an economic analyst and forecaster. He is a standing member of the firm’s Investment Committee and Risk Management Committee. The resources of AEW Research are an integral part of AEW’s investment process and Mr. Acton works closely with senior professionals in all areas of the firm to develop investment strategies that match clients’ risk/reward objectives with market opportunities. Mr. Acton is also a member of the firm’s Compliance Committee. Prior to joining AEW, he was with DRI/McGraw-Hill where he managed the Metropolitan Area Forecasting Service. He is a graduate of Bates College (B.A.) and a CFA charter holder.



Rick Schaupp
WMRE Common Area: Creating Balance Between Strong Income and Capital Appreciation With Rick Schaupp

WMRE Common Area: Creating Balance Between Strong Income and Capital Appreciation With Rick Schaupp

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Real estate investments aren’t new to portfolio planning. How does Clarion take the next step in providing alternative real estate investments that provide attractive yields and portfolio diversity?

In this episode, David Bodamer speaks with Rick Schaupp, Managing Director at Clarion Partners, about the Clarion Partners Real Estate Income Fund, how it fits within financial and investment planning and the services they are providing to other wealth managers and individual investors.

Rick discusses:

  • How a 40 ACT fund differs from other fund structures
  • How does his valuation process relate to how publicly traded REITs are market 
  • The shift in commercial real estate value depends on the type of property
  • Clarion’s process of sourcing investors and informing wealth advisors
  • And more

Resources:

 

Connect With Rick Schaupp:

Connect With David Bodamer:

About Our Guest:

Richard Schaupp is a Managing Director and the Portfolio Manager for Clarion Partners’ funds and a separate account relationship. As portfolio manager, Rick has overall responsibility for the management and portfolio strategy of these relationships. Rick has participated in the acquisition, asset management, and development management of over $4.0 billion of real estate. He originally joined Clarion Partners in 2000 and began working in the real estate industry in 1995. He holds an M.B.A from Yale University, and a B.Arch from the University of Notre Dame.
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

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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

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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

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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.

 
WMRE Common Area: Outlining the Latest Proptech Investment Trends with Sarah Liu (Ep. 76)

WMRE Common Area: Outlining the Latest Proptech Investment Trends with Sarah Liu (Ep. 76)

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Commercial real estate has been a notorious laggard when it comes to adopting technology. But a surge of investment in proptech in recent years is helping to transform many business practices within the space. 

Fifth Wall is a major venture capital firm focused on the global real estate industry and property technology for the built world. With the backing of institutional partners within the sector it has helped fund dozens of proptech startups. 

In this episode, David Bodamer is joined by Sarah Liu, a Partner of the Real Estate Technology Investment Team at Fifth Wall, to discuss what kinds of technology the industry is adopting..

Sarah discusses:

  • How Fifth Wall vets their proptech investments.
  • Which sectors and processes are seeing some of the biggest effects by adopting technology and automating processes.
  • How the pandemic helped accelerate some proptech adoption and how changes like work-from-home and hybrid work schedules have created new challenges to navigate. 
  • How Fifth Wall positions its funds to help incubate proptech startups.
  • And more

Connect WithSarah Liu:

Connect With David Bodamer:

About Our Guest:

Sarah Liu is a Partner on the Real Estate Technology Investment team at Fifth Wall, where she focuses on early stage investing in the construction, fintech, insurtech, and residential sectors.

Prior to joining Fifth Wall, Sarah worked at McKinsey in San Francisco. Her work there spanned FIG, TMT, and retail and included private equity due diligence, M&A strategy, and corporate transformations.
WMRE Common Area: Understanding Changes to the Industrial Development Timeline With Lisa DeNight and Kyle S. Roberts (Ep.75)

WMRE Common Area: Understanding Changes to the Industrial Development Timeline With Lisa DeNight and Kyle S. Roberts (Ep.75)

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Due to intense competition, supply chain and labor challenges, the time it takes to build new logistics real estate properties across the country has lengthened. This is coming at a time when the national industrial vacancy rate is already at historic lows. 

In this episode, David Bodamer is joined by Newmark’s Lisa DeNight, National Industrial Research Director, and Kyle S. Roberts, Executive Managing Director Industrial/Capital Markets, to break down the state of the industrial real estate market.

Lisa and Kyle discuss:

  • Why construction timelines are lengthening across the country
  • How the demand for space is impacting existing industrial real estate inventory
  • The outlook for the sector amid rising interest rates and inflation
  • What kinds of investors are targeting industrial real estate 
  • And more

Resources:

Connect With Lisa DeNight:

Connect With Kyle S. Roberts:

Connect With David Bodamer:

About Our Guests:

Lisa DeNight serves as National Industrial Research Director at Newmark, where she researches and analyzes national industrial trends and commercial market implications, focusing on timely thought leadership and elevating data integrity. Lisa’s expertise is in statistical data collection and analysis, interpretation and advisement on economic and real estate trends, driving thought leadership initiatives and generating market insights. Her more than a decade of research experience is inclusive of all commercial property types.

Kyle Roberts, CCIM, SIOR, co-founded Newmark’s Salt Lake City office (formerly Newmark Grubb ACRES, founded as NAI) in 1998 and currently serves as an executive managing director in the company’s Salt Lake City, Utah, office. A 22-year industrial real estate veteran, Mr. Roberts is a market leader in the logistics, supply chain, development and capital markets segments of commercial real estate. He has been involved in more than 3,700 individual transactions, representing clients in the acquisition or disposition of over 75 million square feet in Utah and 11.5 million square feet nationally and internationally. Mr. Roberts’ transactions have a cumulative value exceeding $3.1 billion and include many of the market’s largest industrial and office capital markets transactions.
WMRE Common Area: The Latest Outlook on the Future of Offices with Julie Whelan (Ep.74)

WMRE Common Area: The Latest Outlook on the Future of Offices with Julie Whelan (Ep.74)

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After two years of employees working partly or fully remotely, offices are not seen as the necessities they once were. Most occupiers are wrestling with hybrid strategies, although a true consensus on the best model has still yet to emerge. 

In this episode, David Bodamer is joined by Julie Whelan, global head of occupier thought leadership at CBRE, in discussing how “return-to-office” is playing out. 

Julie discusses:

  • How CBRE collects sentiments from office occupiers in the U.S. and globally
  • How working remotely has forever changed the need for permanent office space
  • What does hybrid mean for the future of office real estate
  • How important government intervention might be in fostering public/private partnerships in revitalizing central business districts as part of increasing office use
  • And more

Resources:

Connect With Julie Whelan:

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About Our Guest:

Julie Whelan leads a global team of researchers tasked with identifying major trends impacting commercial real estate occupiers across all industries. Julie also works directly with CBRE professionals across the Advisory & Transaction Services business to advise clients on real estate markets and strategies around the world.

Julie earned a Bachelor’s degree from Providence College, a Master’s in Business Administration from Suffolk University and completed the Commercial Real Estate Program at Boston University.
Episode 73: Reviewing the ULI Spring 2022 Real Estate Economic Forecast with William Maher

Episode 73: Reviewing the ULI Spring 2022 Real Estate Economic Forecast with William Maher

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In this episode, David Bodamer is joined by William Maher, director of strategy and research at RCLCO Fund Advisors, ULI Washington member, and ULI Spring 2022 Real Estate Economic Forecast survey respondent. William shares insights into the recent forecast, how the picture has shifted somewhat since the report was compiled and what the rest of the year may look like for commercial real estate. 

William discusses:

  • The headline takeaways from the spring ULI forecast 
  • How macroeconomic and geopolitical developments have shifted the landscape since then
  • How different types of real estate investors are responding to the evolving market conditions
  • Long term expectations for inflation and how it will affect real estate investment
  • And more

Resources:

Connect With William Maher:

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About Our Guest:

William Maher serves as the Director of Strategy and Research for RCLCO and RCLCO Fund Advisors, an affiliate business and a leading consultant to institutional advisors. Bill leads all research efforts and develops house views on the economy, capital markets, metro economies, and property markets. In addition to serving as a member of the RCLCO Investment Committee, Bill develops real estate investment strategies for institutional clients, based on internally-developed risk and return metrics. He brings a wealth of knowledge and perspective from his decades-long experience as a respected economist and thought-leader to the real estate industry.

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

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

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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 71: A Look at the First Quarter Commercial Real Estate Investment Numbers with Darin Mellott

Episode 71: A Look at the First Quarter Commercial Real Estate Investment Numbers with Darin Mellott

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After a record breaking fourth quarter in 2021, the momentum continued into the first quarter of 2022 with a 45 percent year-over-year increase in U.S. commercial real estate investment volume. What has influenced these numbers and what does the rest of the year look like?

In this episode, David Bodamer is joined by Darin Mellott, Senior Director of Capital Markets Research at CBRE, in sharing key highlights from recent market activity, touching on different types of buyers, comparing the end of 2021 to the beginning of 2022, and discussing future outlook. They also talk about interest rates, the impact of the value of the dollar on cross-border flow and other takeaways from the first quarter numbers.

Darin discusses:

  • The impact of increased interest rates on buyers and sellers
  • How the pandemic has influenced investment decisions
  • Activity levels among different kinds of buyers
  • What markets and property types were the most active
  • And more

Resources:

Connect With Darin Mellott:

Connect With David Bodamer:

About Our Guest:

Darin Mellott is a Senior Director of Capital Markets Research at CBRE. In this capacity, Darin leads a global team of Capital Markets Research Analysts and works with other members of senior leadership to provide analysis and develop “house views” on global markets and economic conditions, with a focus on their impact on real estate.

 

Beyond this, Darin leads and contributes to research and strategy efforts across the globe on behalf of clients, and has authored numerous white papers for the firm. He also represents CBRE with the media and at public forums on a frequent basis. Prior to his current role, Darin was CBRE’s Director of Research for the Americas.



Common Area EP 70
Episode 70: What Family Offices Want from CRE Investments

Episode 70: What Family Offices Want from CRE Investments

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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 69: Best Places to Invest in Real Estate in 2022 with Ian Formigle

Episode 69: Best Places to Invest in Real Estate in 2022 with Ian Formigle

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Accredited investors have more options for investing in commercial real estate than ever before. Public equities are one way, but private direct investments are another attractive option. 

In this episode, David Bodamer is joined by Ian Formigle, chief investment officer of CrowdStreet, to explore how accredited investors can access private real estate and to discuss the firm’s recent report on the best places to invest in 2022. Ian shares how the company gathered the information and factors that could impact individual investment decisions.

Ian discusses:

  • The private real estate market and how platforms like Crowdstreet facilitate direct investments
  • What markets the company is recommending for 2022
  • Why the property types an investor may want to target might vary from market to market
  • How the difference between stabilized yield on cost and exit capital impact property investment decisions

Resources:

Connect With Ian Formigle:

Connect With David Bodamer:

About Our Guest:

Ian Formigle is chief investment officer of CrowdStreet, the nation’s largest real estate investing platform online. CrowdStreet brings individual investors and real estate project sponsors together to build wealth through private equity real estate investing.

 
Episode 68: A Look at Institutional Investors’ Plans for CRE

Episode 68: A Look at Institutional Investors’ Plans for CRE

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INREV, the European Association for Investors in Non-Listed Real Estate Vehicles, recently published its latest annual study exploring the aspirations for institutional investors into the real estate sector over the next two years.

In this episode, David Bodamer is joined by Iryna Pylypchuk, director of research and market information at INREV. Iryna shares some of the information obtained in the 2022 survey, providing projections for how much institutional investors plan to spend around the globe. 

Iryna discusses:

  • How COVID has impacted institutional investors’ strategies when investing in commercial real estate 
  • Which markets and property types this investor class is looking at in 2022
  • How institutional investors’ appetites for risk has evolved beyond core investments
  • The importance of ESG to institutional investors when assessing commercial real estate funds
  • And more

Resources:

Connect With Iryna Pylypchuk:

Connect With David Bodamer:

About Our Guest:

Iryna is a passionate researcher and strategist, with broad experience in the industry and strong understanding of the European and global commercial real estate investment markets. Iryna is based in the Greater Frankfurt area.

At Fidelity International Iryna was responsible for providing market and sector level research across the European real estate market, developing insights into macro and micro market risk and actively supporting the investment teams.

Having previously worked in the CBRE’s Investment and Consultancy team of the EMEA and Global Research for 12 years, Iryna has a strong understanding of the European, and increasingly global, commercial real estate investment market and its key players. Experienced presenter, regularly reporting to a number of key clients, Iryna regularly opens CBRE European PAM conference and takes part at EXPO panel discussions on a variety of topics, most recently Iryna took part as a presenter and panelist in Dubai’s Global Investment Summit. Iryna also enjoys getting involved in educational programmes for real estate students and young professionals. These include regular market updates at the IPF and BLP seminars, as well as giving talks at the RAC.

 
Episode 67: What to Expect From CRE in 2022

Episode 67: What to Expect From CRE in 2022

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As we enter a new year, there is still a lot of uncertainty when it comes to the U.S. economy, the direction of interest rates and the COVID-19 pandemic. However, for the commercial real estate industry, the projections for 2022 continue to look quite positive. 

In this episode, host David Bodamer is joined by Dan Spiegel, senior vice president and managing director with Coldwell Banker Commercial. Dan shares where real estate investors are currently putting their money and what’s new in site selection practices among retail and restaurant tenants. He also discusses the continuing importance of maintaining bricks-and-mortar retail locations even as the trend toward e-commerce continues to grow.

In addition, Dan discusses:

  • Major trends that emerged in the commercial real estate market in 2021
  • Insights into how secondary and tertiary markets compare to primary markets for CRE investment
  • Projections for the major property types in 2022 and how momentum from 2021 will play out in the year ahead
  • How retailers and restaurants have adapted to the pandemic environment and what it means for retail real estate

Connect With Dan Spiegel:

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Episode 66: Finding CRE Deals Amid Uncertainty with Eric Birnbaum

Episode 66: Finding CRE Deals Amid Uncertainty with Eric Birnbaum

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In this episode, David Bodamer is joined by Eric Birnbaum, founder and CEO of Dreamscape Companies, a real estate investment firm specializing in acquiring and repositioning multifamily and hospitality properties. 

Eric shares his experience launching and building a new company during the pandemic, what kinds of deals they have pursued during the past two years and its plans for 2021. the firm. 

Eric discusses:

  • Why Dreamscape focuses on multifamily and hospitality properties and why it prefers opportunistic/value-add plays in gateway markets
  • How launching a firm just prior to the onset of the pandemic affected its rollout
  • How he has built and maintained relationships with limited partners over the years to provide a consistent source of capital
  • What Dreamscape’s approach to debt is in terms of levering deals and increasing returns
  • What the firm’s long-term investment strategy is for the properties it repositions

Resources:

Connect With David Bodamer:

 
Episode 65: WMRE: Where It Started and How It’s Going

Episode 65: WMRE: Where It Started and How It’s Going

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It’s been almost one year since NREI announced a full rebrand to WMRE, a change that represented the status of the company within the WealthManagement.com portfolio. 

In this episode, David Bodamer discusses the brand change from NREI to WMRE, revealing why they chose to rebrand and how it’s changed how they cover the commercial real estate industry. David shares how they managed the curveballs  2021 threw at them while undergoing changes themselves, and shares some insight about what’s to come in 2022.

David discusses:

  • The reasoning behind the rebrand from NREI to WMRE
  • How the change from NREI to WMRE impacts clients
  • The most surprising outcomes from the rebrand
  • The plans for the brand in 2022
  • The best ways to pitch the brand
  • And more

Resources:

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Episode 64: What To Expect When Returning To The Office With David Smith

Episode 64: What To Expect When Returning To The Office With David Smith

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As the world begins to reopen, more and more people are returning to work in person. With more people going back to the office, what can we expect in this post pandemic world?

In this episode, David Bodamer is joined by David Smith from Cushman & Wakefield. David Smith discusses the latest report from Cushman & Wakefield about the return to offices and what you can expect as you make the move to in-person work. He shares how offices may need to change their layouts and the impact of the pandemic on how businesses function in the future.

David Smith discusses:

  • The Predicting the Return to the Office  report by Cushman & Wakefield
  • What office real estate investors need to know about how the “return to office” process is playing out
  • How space within the office will change post pandemic
  • Predictions for the next few months

Resources:

Connect With David Smith:

Connect With David Bodamer:

About Our Guest:

David C. Smith is the Global Head of Occupier Insights for Cushman & Wakefield. David’s work is focused on how economics, demographics, technology and space usage trends impact the future of commercial real estate for occupiers and investors. He produces reports, analysis and thought leadership that serve clients and internal Cushman & Wakefield service lines, including Global Occupier Services, Commercial Tenant Representation, Flexible Office / Coworking, Total Workplace, Consulting, Agency Leasing and Investor Services.

In addition to advising clients, David frequently participates at industry events and on speaker panels. He has been a presenter at CoreNet Global’s North American Summit and a keynote / main stage speaker at the NHMC Annual Conference, The Office Tenant Week – Latin America, and BOMA China’s Annual Conference. At Cushman & Wakefield, he leads the development and authorship of industry reports co-branded with CoreNet Global.

Mr. Smith previously spent over a decade at Kingsley Associates, a leading provider of research and benchmarking solutions to real estate companies around the world. In addition to providing consulting services to global real estate companies, he was also involved in several industry-wide thought leadership partnerships with BOMA and NMHC. In that role, Mr. Smith served as one of the creators of the NMHC/Kingsley Associates Apartment Renter Preferences Report.

 

 
Episode 63: How To Get A Loan From Home With Dan Gorczycki

Episode 63: How To Get A Loan From Home With Dan Gorczycki

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After more than a year of uncertainty for businesses, being able to access and apply for mortgages and loans from home is more beneficial than ever.

In this episode, David Bodamer is joined by Dan Gorczycki with True Rate Services. Dan discusses how modern technology changes how you can apply for and find a quote for mortgages or loans quickly and effectively from home. He dives into how the pandemic has changed what people need and how that will translate into the future of mortgages and loans.

Dan and David discuss:

  • How they leverage online tools as mortgage and sales brokerage firm
  • The role of technology in modern mortgage lending
  • The importance of relationships when asking for a loan
  • What technology means for the future of mortgages and loans
  • And more

Connect With Dan Gorczycki :

Connect With David Bodamer:

About Our Guest:

Dan Gorczycki is the Managing Director of True Rate Services, a pioneering debt placement marketplace that optimizes the lending experience by creating true markets in real time. True Rate launches with a number of the top lenders in the United States as partners on their platform, creating a vibrant marketplace for debt. The marketplace is agnostic and creates markets in bridge lending, agency lending, insurance company lending and other institutional debt sources. Parent company Olive Tree Holdings is a real estate investment firm that combines Big Data, Analytics and Deep Fundamental Research in order to identify, acquire and improve assets in dynamic markets throughout the United States.

 
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

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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 61 – A Look Into the 2021 Scoring Tech Talent Report With Colin Yasukochi

Episode 61 – A Look Into the 2021 Scoring Tech Talent Report With Colin Yasukochi

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During 2021, the importance of technology has become more apparent than ever. Understanding the technology industry can really help business professionals to not only make better decisions for their company, but also stay on top of advancements and new products.   

In this episode, David Bodamer speaks with Colin Yasukochi, executive director of CBRE Tech Insight Center, about the 2021 Scoring Tech Talent report. The report is a labor market analysis focusing on 50 US and Canadian markets,  and targeted to technology workers across all industries.

David and Colin discuss:

  • A brief history and explanation of what the report is 
  • The best places to run your business, looking at both high-quality and low-cost options 
  • Some major changes in the industry, such as the increase in job availability in some surprising areas 
  • How the pandemic has affected the industry
  • A close look at diversity distribution in the industry and who is currently being underrepresented 
  • And more

Resources:

Connect With Colin Yasukochi:

Connect With David Bodamer:

About Our Guest:

Colin Yasukochi, for over 20 years, has specialized in strategic research and advisory services for commercial real estate, providing insight that reveals opportunities and guides decision making. He currently serves as CBRE’s Executive Director of its newly formed Tech Insights Center, based in San Francisco, CA.

Backed by Colin’s leadership, the CBRE Tech Insights Center provides thoughtful real estate perspectives on the ever-evolving tech sector in the United States. As a pioneer in tech industry research in commercial real estate, Colin has been the lead author of CBRE’s tech-focused thought leadership pieces—including Scoring Tech Talent and Tech-30.

Colin has a distinct perspective of the business and is recognized as a leading real estate market expert through years of experience in analyzing market trends and economics.

Episode 60: The Changing World of Distribution with Chad Buch and George Cutro

Episode 60: The Changing World of Distribution with Chad Buch and George Cutro

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As e-commerce continues to change the way we live our day-to-day lives, there have been some major impacts in the world of transportation and distribution that could affect you in ways you have never considered.

In this episode, David Bodamer is joined by Chad Buch and George Cutro, JLL researchers, as they discuss areas within the industrial world you might not think about such as cold storage, truck terminals and transloading, and how they are currently changing and adapting to the technology-based world we live in today. 

Chad and George discuss:

  • How the pandemic has affected distribution and increased demand for more advanced and adaptable delivery systems throughout the world
  • What transloading is and why it works 
  • New delivery developments such as 15-minute grocery delivery services in New York City
  • Emerging niche markets and how they are creating competition for major big-box distributors
  • And more

Please visit www.us.jll.com to access more JLL research reports.

Resources:

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

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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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 49: The Middle Market CRE Investment Opportunity – – With Sam Isaacson

Episode 49: The Middle Market CRE Investment Opportunity – – With Sam Isaacson

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In this episode of Common Area, David Bodamer talks to Sam Isaacson, president of Walker & Dunlop Investment Partners (WDIP) about the opportunities the firm sees in assets worth less than $100 million across most property types.

WDIP is commercial real estate investment firm now comprised of 31 investment professionals who manage approximately $1.2 billion.

In this episode, you will learn:

  • How WDIP defines middle market assets, how they source deals and what sectors they are targeting in 2021 and how its using technology and data to develop insights into what assets to acquire.
  • How the firm is looking at small business bankruptcies and small business formation and how it is impacting the firm’s investment strategy.
  • Why the firm is looking at opportunistic and value-add strategies in the new future.
  • What the broader political landscape and Democratic control of the presidency and both houses of Congress might mean for the sector.
  • And more!

Tune in now for the latest insights!

Resources:  National Real Estate Investor | Walker & Dunlop IP