Commercial Real Estate Owners Operations Challenges with Rob Finlay - CRE PN #456
Commercial Real Estate Pro Network
Today, my guest is Rob Finlay. Rob Finlay is a certified property manager and is a commercial real estate expert with a broad portfolio of success stories developed through hands on work and multigenerational industry experience with decades of experience in every facet of care from analytics to acquisitions, operations, to finance and more. Rob's insights are derived from real world wins and cutting edge industry innovation. And in just a minute, we're gonna speak with Rob Finlay about strategy changes needed for commercial real estate owners and asset managers in the shifting markets.
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BIGGEST RISK with Rob Finlay
Commercial Real Estate Pro Network
J Darrin Gross: I'd like to ask you, Rob Finlay, what is the BIGGEST RISK? Rob Finlay: So not sure if there's one specific one and just so you know, hopefully, I I can give you one right now, that is top of mind for me, right? Because insurances. Property Insurance is property insurance that has been spoken about and and fortunately, we have people like you that help us, real estate owners get through that through that mess. The one thing that that property insurance people aren't going to help us with is what I see as this great risk is compliance and corporate risk. There is this...
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Multifamily Marketplace Data Prices and Distress with Neal Bawa - CRE PN #455
Commercial Real Estate Pro Network
Today my guest is Neal Bawa. Neal is the founder of Grow Capitis an online multifamily investor education platform, experienced syndicator, developer and his attention to the data has earned him the moniker "The Mad Scientist of Multifamily". And in just a minute, we're going to speak with Neal Bawa about the Upcoming Multifamily Distress in the Marketplace.
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BIGGEST RISK with Neal Bawa
Commercial Real Estate Pro Network
J Darrin Gross I'd like to ask you, Neal Bawa, what is the BIGGST RISK? Neal Bawa So I'll give you two risks that affect insurance prices, and all other forms of prices in the United States. So one is a bigger, sort of more, you know, overarching risk. The second one is, is well known to us this. So the first one is climate change, we are continuing to see devastating impacts of climate change in many markets. It is a political, you know, issue where, you know, half of America doesn't want to acknowledge what is happening in markets like Florida and Texas and many other markets, like...
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Innovative Flood Insurance Solutions with DJ McClure - CRE PN #454
Commercial Real Estate Pro Network
Today, my guest is DJ McClure. DJ McClure is the VP of sales and business development at National Flood Experts driving strategic growth through partnerships and tailored cost saving solutions. And in just a minute, we're going to speak with DJ McClure about innovative flood insurance solutions.
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BIGGEST RISK with DJ McClure
Commercial Real Estate Pro Network
J Darrin Gross: I'd like to ask you, DJ McClure. What is the BIGGEST RISK? DJ McClure: I think right now, one of the BIGGEST RISK that I see among many is the number of properties that are, you know, approaching a debt restructure, you know, there's a lot of short term bridge that for a lot of properties that's coming due. And so one or two things are going to happen, obviously, they're going to be able to, if they're able to put together the funds to structure a refinance, you know, it's likely going to be into a different loan structure or excuse me a loan program, predominantly, your...
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Commercial Office Space Post Covid with Joey Kline - CRE PN #453
Commercial Real Estate Pro Network
Today, my guest is Joey Klein. Joey is the host of Tech Talk podcast or the Tech Talk podcast. Joey is a seasoned commercial real estate broker focusing on representation of corporate tenants across a range of industries. based in Atlanta, he is deeply involved in urban focused developments, and transit expansion advocacy, particularly in Georgia and the Southeast.
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BIGGEST RISK with Joey Kline
Commercial Real Estate Pro Network
J Darrin Gross: I'd like to ask you, Joey Klein, what is the biggest risk? Joe Kline: Sure. I don't have an insurance related answer. So that's, that's good. I have to say, I do think that your industry is a very fascinating one. And I think if we had more time, I'd love to throw some of these back at you. Because insurance is a very rapidly changing industry over the past couple of years as well. I look, I think that any Anyone, anyone who makes their money solely via Commission has to constantly be thinking about risk. And if you're not, you probably won't be doing it for...
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Invest in Flex Industrial Commercial Real Estate with Jeremy Friedman - CRE PN #452
Commercial Real Estate Pro Network
Today, my guest is Jeremy Friedman. Jeremy is with Stoic Equity Partners. And they have a portfolio of 10 Self Storage Flex Industrial assets in the southeast, totaling $48.8 million assets under management and 500,000 square feet located in Georgia, Mississippi, Florida, Alabama, and Arkansas. And in just a minute, we're going to speak with Jeremy Friedman about Why Invest in Flex Industrial Real Estate.
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BIGGEST RISK with Jeremy Friedman
Commercial Real Estate Pro Network
J Darrin Gross 0:00 And I'd like to ask you, Jeremy Friedman, what is the BIGGEST RISK? Jeremy Friedman 0:05 But as we discussed before the call, that's actually the one largest risk item that we that does keep us up at night and that we're working diligently on at the moment is our insurance. And I think it's so this is not to be clear to your listeners, you did not prompt me for that at all this is this is our biggest risk at the moment, as we see it. We being located on the coast, the Gulf Coast of Alabama, and we have several coastal...
info_outlineDarrin: [00:00:08] Dovid Preil, What is the BIGGEST RISK risk? [00:00:11][2.9]
Dovid: [00:00:11] In what, real estate? [00:00:14][2.8]
Darrin: [00:00:15] Real estate or investing, real estate investing? [00:00:18][2.4]
Dovid: [00:00:19] Real estate, again, this is real estate investing in real estate itself. I think the more interesting answer or practical answer is, is, is investing. And that's the BIGGEST RISK is going in with the wrong people. You know, anything can happen. And if you're working with good, honest people, you're the best chance of coming out ahead. I think the more interesting answer, though, is, is what what the biggest risks real estate is. That's a topic, which I find to be fascinating, because I think the answer is technology and all the advances we've had in technology and we're having. I think that that poses a very, very interesting longer term thesis to see how it plays out with real estate. It's fascinating to me. Just for example, you don't live very far. The fact that everyone thought as of a couple of years ago or even their people that I speak to today, they think that retail is going to die because of Amazon. That's just an example how where technology like completely upended an entire major sector and it's transformed it. And I think I have I have a lot of faith in retail. I think the numbers speak to that faith. And they they back it up. But it but it's changed. Retail had to really adjust and change how it operates because of that. And I'm seeing stuff coming down the pipeline technology and I'm very into technology by day. I work for a very advanced fintech company. Doing some pretty groundbreaking stuff. And I think that by training on a program are actually and I think technology is incredible what it's doing. And the advances that are being made in things like autonomous vehicles and 3D printing, both in terms of 3D printing, housing and 3D printing goods. You know, I'm going to go out I'm going to be a little bit futuristic here. But, you know, if you can 3D printer house next to a town that you want to live in for. To with all in with the land and everything, for two thirds the cost and existing units, what's that going to do to the cost, the value of real estate? And you can you know that that's that's I mean, it's not happening tomorrow. But those are the kind of questions that I ask myself or like what happens to warehousing when I can just buy a 3D printer and just print the product? You know, I'll just go. And that's kind of like this is super futuristic, but I just like go to a company and I press a button and like their specs, go to my printer, just prints out the device for me that I want to buy. You know, there's a lot of interesting things happening here. There are things that are going to be that they're going to be talking about in 10 years that don't even exist today. You know, it is changing the market. It is so interesting. [00:00:19][0.0]
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