In this episode of the Wealth Management Invest Podcast, host David Bodamer sits down with Kristen Mirabella, head of partnerships at Eaglebrook Advisors, to discuss the evolving role of cryptocurrency in wealth management.
Eaglebrook is a digital asset platform that allows advisors to invest directly in crypto through separately managed accounts.
Kristen talks about Eaglebrook’s compliance-first mindset and how in-kind transfers and tax-efficient strategies are helping advisors meet growing client demand for digital assets.
Key highlights include:
Enabling direct investment in crypto SMAs with Eagle Brook
Join David Bodamer, Editorial Director at WealthManagement.com, and his guest, Brad Walker, Co-President at CAIS, as they delve into the transformative landscape of alternative investments.
Discover why independent wealth managers and RIAs are increasingly incorporating alts into client portfolios and the innovative trends making this possible.
Highlights from this episode include:
The growth and evolution of the CAIS platform [00:00:37]
Shifts in advisor strategies towards diversifying alternative investments [00:03:18]
The importance of technology in streamlining alt investments and management [00:12:55]
How CAIS is making alternative investments accessible to a broader advisor base [00:23:40]
Brad Walker is Co-President of CAIS, where he drives the firm’s client experience and growth initiatives, ensuring independent financial advisors have the access, education, and innovation they need to adapt to the evolving world of alternative investments. He is committed to transforming how the independent wealth ecosystem engages with alternatives, helping advisors deliver greater value to their clients. Under his leadership, CAIS continues to enhance its platform, deepen industry partnerships, and set new standards for access, efficiency, and transparency in the space. A member of both the Executive Committee and Operating Committee, Brad plays a central role in shaping CAIS’s vision, growth, and impact on the independent wealth ecosystem.
Wealth Management Invest: Apollo’s Stephanie Drescher on Bringing Alts to the Wealth Channel
Join David Bodamer as he sits down with Stephanie Drescher, Apollo’s chief client and product development officer, to unravel the potential of alternative investments for wealth advisors.
David and Stephanie explore why Apollo is confident in hitting $150 billion in assets within the wealth channel and why traditional portfolios fall short without private market exposure. They break down the innovations making private investments more accessible for advisors and their clients.
David and Stephanie discuss:
The gap in private market allocations between institutions and individuals
Overcoming barriers to alternatives with innovative solutions
Apollo’s strategic focus on global wealth and custom-tailored investment strategies
How Apollo’s wealth team has grown and evolved to better serve advisors
Insights into Apollo’s third-party alts partnerships
A global shift in perception of risk in public vs. private markets
The importance of manager selection and transparency in private investments
Stephanie Drescher is Partner and Chief Client and Product Development Officer at Apollo, and a member of the Firm’s Management Committee. She oversees the Client and Product Solutions Group (CPS), which includes Institutional Client & Product Solutions (ICPS) and Global Wealth Management Solutions (GWMS), which seeks to expand Apollo’s investment offerings to an increasingly broad base of individual investors through a variety of global wealth management channels. Stephanie is also Co-Chair of Apollo Women Empower (AWE), Apollo’s women’s network. Prior to joining Apollo in 2004, Stephanie was with JP Morgan working primarily in its Alternative Investment Group.
Wealth Management Invest: Unpacking Hightower’s Approach to Private Markets with Robert Picard
In this episode of the Wealth Management Invest Podcast, host David Bodamer sits down with Robert Picard, managing director and head of alternative investments at Hightower, to unravel the shifting dynamics of private markets and their role in contemporary investment portfolios. With over 34 years of experience, Robert shares insights into why billionaires and university endowments diverge from the traditional 60/40 allocation model and how individual investors can replicate their success in private markets.
David and Robert discuss:
The evolution of private market access for individual investors
The strategic role of a 20% private market allocation
The emergence of private credit as a popular asset class
The rise of evergreen funds and their democratizing effect on access to alternative investments
Robert Picard led the creation of the Alternative Investment Platform at Hightower while curating investment opportunities through research and due diligence. Prior to joining Hightower, he was instrumental in building four multi-billion dollar alternative investment platforms at The Carlyle Group/Rock Creek, Optima Fund Management, RBC Capital Markets, and State Street/InfraHedge. Most recently, Mr. Picard served as the Head of Alternative Investments at First Republic Private Wealth Management.
Wealth Management Invest: Ares’ Approach to Private Markets with Brendan McCurdy
In this episode of the Wealth Management Invest podcast, host David Bodamer connects with Brendan McCurdy, managing director and co-head of the financial advisor solutions team at Ares, to delve into private market investments. They discuss how financial advisors navigate the complexities of private equity, private credit, real estate, and infrastructure.
David and Brendan discuss:
The structure and role of the Financial Advisor Solutions team within Ares [00:01:10]
Navigating complexities in private market investments [00:03:00]
The strategic importance of alternative investments in portfolios [00:05:30]
Access points in private markets and investor targeting [00:07:20]
Trends and shifts in asset classes for 2025 [00:09:50]
The rise of infrastructure investments driven by technological advancements [00:15:00]
Opportunities in sports, media, and entertainment investments [00:22:30]
Brendan is a Managing Director and Head of Research & Marketing within Ares Wealth Management Solutions, a premier provider of private market investment solutions for private wealth investors and family offices. Within Research, the Financial Advisor Solutions Team (FAST) is a team of asset allocation specialists that deliver education, insights, and analytical tools that can help optimize the inclusion of private markets in portfolios.
Wealth Management INVEST: A Global Perspective on Wealth Investment in Private Markets with Partners Group’s Robert Collins
WealthManagement.com’s Executive Editor for Investments David Bodamer chats with Robert Collins, co-head of private wealth at Partners Group.
Partners Group, an alternative asset manager, was an early mover into the global wealth market, including a popular 15-year-old private equity fund in the United States. Collins explores the shift from public to private markets and its significance for investors, highlighting evergreen funds’ tax benefits and compounding advantages. He also discusses the company’s partnership with BlackRock and the private markets model portfolios the firm is bringing to the market in 2025.
David and Rob discuss:
The market shift from public to private markets and its implications for investors
The benefits Partners Group sees in evergreen funds, including lower minimums and tax simplicity
A new partnership with BlackRock to offer diversified private market model portfolios starting in 2025
Global insights and innovations in private markets, like tokenization in Singapore
Robert Collins is Co-Head of Private Wealth, Head of Partners Group’s New York Office, and a member of the Global Executive Board. He is President, Portfolio Manager, and Member of the Board of Managers of Partners Group Private Equity (Master Fund), LLC. He also chairs Partners Group (USA) Inc.’s Investment Committee. Robert joined the firm in 2005 as a member of the Private Equity investment team and has 24 years of industry experience. Prior to joining Partners Group, he worked at UBS Warburg and Salomon Smith Barney. Robert holds an MBA from the Johnson School at Cornell University, where he was a Roy H. Park Leadership Fellow, and a bachelor’s degree from Tulane University, where he majored in economics and history. He is a CFA charterholder.
Wealth Management Invest: Brookfield’s David Levi on HNW Investors’ Views on Alternatives
WealthManagement.com’s David Bodamer delves into the recent research published by Brookfield Oaktree Wealth Solutions with David Levi, managing partner and CEO of Brookfield’s Global Client Group. During their conversation, they discuss Brookfield’s strategic focus on making institutional-quality assets accessible to a broader investor base.
David shares:
Takeaways from Brookfield’s recent research on the use of alternatives within the wealth channel
How advisors can effectively introduce alternatives to their clients and how having alternatives in their toolkit is valuable for practice management
Different investor profiles and their use of alternative assets
Brookfield’s approach to providing access to diversified asset types and product structures
David Levi is a Managing Partner and Chief Executive Officer of Brookfield’s Global Client Group. In this role, he is responsible for Brookfield’s client relationships across the organization, including the expansion of fund offerings, client solutions and servicing its large and growing institutional and private wealth client base. Prior to this, Mr. Levi was a Managing Partner and CEO of Brookfield Oaktree Wealth Solutions, which is responsible for Brookfield and Oaktree’s relationships with private wealth clients globally.
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
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
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
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
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
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
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.
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
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
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
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
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.
WealthManagement INVEST: Bridging the Gap in Fixed Income Opportunities
Listen in as David Bodamer sits down with Karen Veraa, Head of iShares US Fixed Income Strategy, to discuss fixed-income ETFs. Karen shares insight on navigating the current market complexities, from managing inflation impacts to exploring strategic investment avenues.
Karen focuses on:
The current state and future prospects of fixed-income markets
Insights into fixed-income ETFs and their role in today’s investment strategies
The concept of bond laddering and its benefits for investors
Navigating market expectations and the role of the Federal Reserve
Karen Veraa, CFA, is a Fixed Income Product Strategist within BlackRock’s Global Fixed Income Group focusing on iShares fixed income ETFs. She concentrates on supporting iShares clients, generating content on fixed income markets and ETFs, developing new fixed income iShares ETF strategies, and partnering with the iShares team on product delivery. She writes about fixed income ETFs and trends in that sector.
The majority of Lawrence’s career has focused on the meeting point of finance and technology. At Goldman, Sachs & Co., where he worked for 17 years, he was a partner & managing director, most recently serving as the co-head of the Global Technology Banking Group (part of the Investment Banking Division), focusing on all aspects of technology including the internet & e-commerce, software, services & hardware. He has also worked as director of various digital & e-commerce businesses, as well as a series of acquisition vehicles.
WealthManagement INVEST: Trends and Innovations in Alternative Investments
Listen in as David Bodamer sits down with Lawrence Calcano, Chairman and CEO of iCapital, to explore the world of alternative investments and their role in modern portfolio strategies. They unravel the complexities of the alt space, examine recent developments at iCapital, and discuss how advisors are integrating these assets into their offerings for a more diversified investment approach.
Lawrence focuses on:
The importance of education in the early adoption phase of alternative investments.
How alternatives can enhance portfolio diversification and performance.
How innovative fund structures make alternative investments more accessible.
The role of technology in simplifying the investment process in alternative assets.
Lawrence is the Chairman and CEO of iCapital. He began advising and working with iCapital shortly after its 2013 founding, leading key strategic and business development initiatives, before joining full-time as CEO in early 2014. Since then, he has led the rapid growth – both organic and through acquisition – of iCapital, building it into a leading global Fintech company.
The majority of Lawrence’s career has focused on the meeting point of finance and technology. At Goldman, Sachs & Co., where he worked for 17 years, he was a partner & managing director, most recently serving as the co-head of the Global Technology Banking Group (part of the Investment Banking Division), focusing on all aspects of technology including the internet & e-commerce, software, services & hardware. He has also worked as director of various digital & e-commerce businesses, as well as a series of acquisition vehicles.
Wealth Management INVEST: Exploring Private Market Strategies with Tony Davidow
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
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.
WealthManagement.com’s David Bodamer sits down with Aaron Filbeck, who leads UniFi by CAIA, to delve into how the CAIA association contributes to the education surrounding alternative investments. They explore the recent overhaul of the CAIA’s core program, designed to equip industry experts with a thorough grasp of alternative investment approaches and their role in asset allocation.
Aaron focuses on:
How CAIA is adapting courses for modern evolution within the financial space
What obstacles did CAIA face in developing its new courses
How has the accessibility of alternative strategies and asset types been influenced by other factors
What is the overarching mission of CAIA in terms of providing education and aiding individuals in making informed portfolio decisions
Aaron Filbeck, CAIA, CFA, CFP®, CIPM, FDP oversees UniFi by CAIA™, a learning platform dedicated to educating the private wealth management industry on alternative investments. He was previously responsible for leading and implementing the CAIA Association’s content agenda, thought leadership initiatives, and content development for the CAIA Charter Program.
Wealth Management INVEST: How Private Markets Are Becoming More Accessible
Innovations in product development have increased access to private markets for financial advisors and their clients. Steve Brennan, managing director and head of Private Wealth Solutions at Hamilton Lane, joined David Bodamer to discuss the state of private investments and Hamilton Lane’s path to developing private wealth strategies.
Steve focuses on:
The benefits of private market investing and the evolution of the space
How private assets affect portfolio diversification
Why asset managers, including Hamilton Lane, are focusing on education to help advisors navigate private investment strategies
Steve is a Managing Director and Head of Private Wealth Solutions at Hamilton Lane, leading the firm’s efforts to provide both evergreen and traditional private markets solutions to the growing Private Wealth channel. In this capacity, he sets the strategic direction and oversees all aspects of the Private Wealth Solutions business.
REPLAY! 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
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
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
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
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
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
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
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: Navigating Private Real Estate Opportunities for Investor Portfolios With Elizabeth Wohlleb
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
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.
WMRE Common Area: Current Themes Within the Real Estate Market With Mike Acton
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
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.
WMRE Common Area: Creating Balance Between Strong Income and Capital Appreciation With Rick Schaupp
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
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
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
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
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
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
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
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)
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.
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.
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
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
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.
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
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
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
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
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
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.
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
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
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
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 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
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
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
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
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
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
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
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.
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
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
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.
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!
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
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!
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
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
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
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.
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.
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.
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)!
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!
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!
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!
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.
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
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.
In this episode of Common Area Podcast, David Bodamer has a timely conversation with Wendy Mann, CEO of CREW (Commercial Real Estate Women) Network. Wendy shares how for over 30 years, CREW has been working with women from all walks of life to help them have successful and meaningful careers in commercial real estate.
In this episode, you will learn:
About CREW Network and how they’re educating the industry to become a more equal environment for all
About the encouraging and eye-opening findings from the 2020 CREW Benchmark study
Whether millennials will face the same blockades as their predecessors
What can and should be done to recognize wage gaps between men and women
And more!
Tune in now for this timely conversation –– it’s time to take action for gender parity and greater diversity in commercial real estate.
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
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.
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.
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.
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.
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.
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.
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.
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.
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
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
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!
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!
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!
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
In this episode of Common Area Podcast, David Bodamer talks about his trip to Toronto, Canada, where he attended the Global Property Market Conference and the Annual Toronto Real Estate Forum. David discusses what he learned about Canadian commercial real estate trends and how the status of the U.S. economy and commercial real estate market is influencing investor decisions in Canada.
In this episode, you will learn:
Insight into whether we’ve entered a new kind of cycle (and why the baseball analogy no longer works)
Whether Canadians are more aware of events in the U.S. than Americans are of events in Canada
How AI might make real estate transactions more efficient in the next 5-10 years
And more!
Tune in now to get David’s takeaways from the Global Property Market Conference and the Annual Toronto Real Estate Forum.
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!
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!
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!
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!
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!
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!
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!
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!
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!
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!
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.
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!
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!
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!
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!
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!
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!
