Return to Office Trends on Hospitality with Sundip Patel - CRE PN #507
Commercial Real Estate Pro Network
Today, my guest is Sandeep. Patel Sundeep is the CEO and co founder of companies, an asset management and fintech firm that specializes in commercial real estate, private credit, lending and investing. And in just a minute, we're going to speak with Sundip about the impact of return to Office trends on the hospitality industry.
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BIGGEST RISK with Sundip Patel
Commercial Real Estate Pro Network
J Darrin Gross I'd like to ask you Sundip Patel, what is the BIGGEST RISK? Sundip Patel That's a great question. Darrin, by the way, so the biggest risk that I foresee, and in our business, is the underestimating of the impact of AI and to our business and everything we do, from assessing risk, evaluating risk, to, you know, funding that risk, the entire process. So we as a company have taken some bold steps to get ahead, to understand how we can apply AI and what it will mean. As as you remember when we started the conversation, my mission was to create jobs and maintain jobs. I live...
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AI in Real Estate with David Blumenfeld - CRE PN #506
Commercial Real Estate Pro Network
Today, my guest is David Blumenfeld. David is the co founder of , a Silicon Valley based consultancy dedicated to assisting traditional physical businesses and leveraging digital technologies. And in just a minute, we're going to speak with David Blumenfeld about how AI is transforming real estate.
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BIGGEST RISK with David Blumenfeld
Commercial Real Estate Pro Network
J Darrin Gross I'd like to ask you. David Blumenfeld, what is the BIGGEST RISK? David Blumenfeld We're going to answer it a couple different ways, if that's okay. So I think I mean, and this, this first one might, might seem like a self serving answer, but I think the risk for real estate companies in general for not looking at technology. And again, it doesn't have to be the biggest, you know, the biggest, the newest, the the flashiest, but if you're not incorporating technology into your your your day to day operations, whether it be from a marketing perspective, a company, a...
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Real Estate Trends with Simon Isaacs - CRE PN #505
Commercial Real Estate Pro Network
Today, my guest is Simon Isaacs. In 2015 Simon moved his family from London to West Palm Beach, Florida, where he became more involved in the local real estate market after seeing an opportunity, and in just a minute, we're going to speak with Simon Isaacs about the real estate market trends.
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BIGGEST RISK with Simon Isaacs
Commercial Real Estate Pro Network
J Darrin Gross I'd like to ask you, Simon Isaacs, what is the BIGGEST RISK? Simon Isaacs Wow, I would say the biggest risk here. Big Question, the big question. Demand. I. Demand is the biggest risk here. You know, demand for properties, demand, if you know you only need one event, one weather event, and everybody ends up leaving. So I would say demand and weather are the biggest risk in my book, yeah, clearly, in Florida, you're, you're one, you know, one, one major weather event, or something like that from, you know, sour people souring on the on the place, or at least,...
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Retail Strip Mall Investment Opportunities with Davie Codrea - CRE PN #504
Commercial Real Estate Pro Network
David Codrea, co-founder of Greenleaf Capital Partners, discussed the hidden opportunities in small strip malls near new construction developments. He emphasized the importance of long-term cash flow and the resilience of retail despite negative perceptions. Codrea highlighted his investment strategy, focusing on retail and office spaces, and his preference for smaller, local service-oriented businesses. He noted typical investment sizes of $2-4 million and a preference for 3-5 year leases. Codrea also stressed the importance of efficient operations, quick tenant turnover, and the role of time...
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BIGGEST RISK with David Codrea
Commercial Real Estate Pro Network
J Darrin Gross I'd like to ask you. David Codrea, what is the BIGGEST RISK? David Codrea For me, what I see as the biggest risk that impacts my business the most is time. So it looks at it, there's a huge benefit to time, but there's also a huge risk if you are not able to get the ball moving on things so extended vacancy or or even just time to make a decision if it takes too long for your organization to get things through, to make, get, get approval for something, or make a decision on what you're going to do with this tenant or that tenant. I think that that can lead to a lot of...
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Wealth Accumulation through Real Estate Investment with Joel Miller - CRE PN #503
Commercial Real Estate Pro Network
Today, my guest is Joel Miller. Joel Miller is the author of the best selling book, Build Real Estate Wealth. Enjoy the Journey of Rental Property Investment, and in just a minute, we're going to speak with Joel Miller about the Journey to Real Estate Wealth.
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BIGGEST RISK with Joel Miller
Commercial Real Estate Pro Network
J Darrin Gross I'd like to ask you. Joel Miller, what is the BIGGEST RISK? Joel Miller Well, I'm going to surprise you with the answer, but it's going to be two pronged here. From a financial standpoint, I will say that rental property can be a source for risk, which is why you typically should form an entity that you hold your properties in that protects your personal assets from things that might happen within your entity related to those properties. And on top of that, you know, I do recommend carrying replacement costs insurance on your properties and. A commercial liability...
info_outlineJ Darrin Gross
If you're willing, I'd like to ask you Creek Stewart, what is the BIGGEST RISK?
Creek Stewart
That's a great question, and I think most people would probably expect me to say that it's being lost in the woods or being struck by a natural disaster. But I guess I'm going to get real personal on this one I me personally being a wilderness survival instructor and a preparedness consultant. I see all of the bad things and think about all of the bad things and think about all the scenarios, right? And it's really easy for me to get caught up, just too much in all of the things of this world. And so I think my biggest risk is thinking that they, that they, I don't know, giving, giving them too much value, versus the things that are eternal, right? The things that last forever our life and these little natural disasters that happen, even though I'm in this business and even though I sell books on the subjects, they're just little tiny blips in this lifetime of eternity. And so for me personally, it would be to consume myself with the thoughts of the temporary things versus the eternal things. And I'm going to quote scripture on you. I always, I always think about this verse from Colossians, you know, set your mind on the things above and not on the things of this earth. And so my strategy for navigating that is to take time each day and try to spend time in solitude and prayer and reading scripture, and, you know, try to dig in a little bit deeper to the eternal side of things, so that I just don't focus so much on the negativity and the temporary.