MultiFamily and COVID-19 from the Man who Predicted '08-'09
CRE Insights With Cecil Cummins
Release Date: 04/22/2020
Catching Knives: Jake Harris Discusses His Investment Strategy
CRE Insights With Cecil Cummins
In this Episode, Cecil Cummins interviews Jake Harris. Jake Harris is a Managing Partner at Harris Bay, a real estate investment firm focused mainly on real estate development. Recently Jake published his book entitled, Catching Knives. Catching Knives summarizes two decades of Jake's experience. It talks about how to maximize a distressed market by cost control systems, scaling of distressed environment, and opportunity development. Jake also shares how he started, his personal experience, and how he fell and bounced back. Jake also discusses how the pandemic hit him, his current...
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Bonus Episode: Josh Wilson Interview with Cecil Cummins
CRE Insights With Cecil Cummins
In this episode, Cecil will be discussing the world of buying, selling, and leasing Commercial Real Estate, and his past experiences investing in real estate. From office buildings to warehouses, to residential flips- we'll dive into the various types of commercial real estate, residential real estate investing, and the unique challenges and opportunities they present. Along with Josh Wilson, Cecil will share a part of himself and his principles in commercial real estate industry. Whether you're a seasoned pro or new to the game, we hope this podcast will provide valuable information and...
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BONUS Episode: Virtual Assistants in the CRE Brokerage Industry
CRE Insights With Cecil Cummins
Cecil Cummins, a young entrepreneur, is interviewed by Daniel Ramsey, CEO, and Founder of the Virtual Assistant Company, MyOutDesk. Cecil and Daniel speak about his experience, Four years in the industry, and how Cecil was able to build his business and was able to reach his biggest year in 2021. Cecil decided to become a client in MyOutdesk to seek an assistant that would help him in running his CRM and administrative tasks. Cecil shares his best practices in training his virtual assistant and provides tasks to be able to maximize his assistant's potential in helping him leverage growth...
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Introduction to CRE Insights
CRE Insights With Cecil Cummins
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Commercial Lending in 2020- A New Normal?
CRE Insights With Cecil Cummins
In this Episode, Cecil Cummins and Erik Chick discuss commercial lending in 2020, how the first quarter finished out, and what the next 3-12 months may look like for commercial Real Estate Lending. Erik Chick has over 20 years in the banking industry. Erik Current serves as the Chief Lending Officer and Executive Vice President for Severn Bank. He was a Vice President and Commercial Relationship Manager with Severn Bank since 2015. He has held various positions with local community banks including commercial banker, commercial real estate, residential, consumer lending and management...
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The Federal Reserve's Stimulus and Long Term Economic Considerations
CRE Insights With Cecil Cummins
Cecil Cummins and J Scott sit down to discuss the long term implications of the COVID-19 Pandemic, and the Federal Stimulus Bailout, along with its implications in the commercial real estate market. J Scott (he goes by "J") is an entrepreneur, investor, speaker, author, and co-host of the BiggerPockets Business Podcast. An engineer and business guy by education, J spent much of his early career in Silicon Valley, where he held management positions at several Fortune 500 companies, including Microsoft and eBay. In 2008, J and his wife Carol quit their corporate jobs, moved back East, got...
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CRE Brokerage and The Value of Human Capital
CRE Insights With Cecil Cummins
Justin joined Hyatt Commercial in 2017 with more than 10 years’ experience in the commercial real estate industry. As Broker of Record and Senior Vice President, he manages the day to day brokerage operations, business development and focuses on sourcing and acquiring commercial real estate investments for the growing Hyatt Commercial portfolio. Justin has completed over $300,000,000 in leasing and sale transactions in his career. He has served clients in various industries including health care, telecommunications, professional services, health and fitness, marketing, and...
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Is this the Era of a Resurgence of Flex-Industrial Real Estate?
CRE Insights With Cecil Cummins
Cecil Cummins and Ned Mahic discuss self-storage, logistical industrial and the potential resurgence of small manufacturing in the US and large manufacturing in the Western Hemisphere. Ned Mahic is an experienced real estate developer and investor. He has accumulated more than 20 years’ experience in acquiring, financing, developing and investing in various real estate properties ranging from the condo, student housing, self-storage to light industrial across North America. As a business veteran, Mr. Mahic is widely recognized for his abilities in creating stellar growth in a sustainable...
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The COVID-19 Impact on Shopping Center Retail
CRE Insights With Cecil Cummins
Cecil Cummins sits down with Ray Bayat of NetCo investments to discuss COVID-19's impact on Shopping Center Retail. Cecil and Ray talk through short term and long term asset management strategies and what the future may hold. Ray founded NetCo Investments, Inc. along with Mitch Bayat in 2002 to pursue value-added shopping center developments and investments. Since then, Ray has been involved in the acquisition, redevelopment, sale, and financing of more than 1.2 million square feet and transactions valued at over $300 million. Prior to this, Ray was with Grubb & Ellis from 1997 to 2003. He...
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Cannabis Investing in 2020 With Mana Supply
CRE Insights With Cecil Cummins
Cecil Cummins sits down with Chris Jensen and Matt Volz of Mana Supply, a multi-state Cannabis company that has maintained profitability- despite the hurdles. In this interview, Cecil, Matt and CJ discuss where cannabis s now- the potential impact of COVID-19 and how they see cannabis navigating a market downturn. Christopher Jensen is a former lawyer turned successful entrepreneur with a history of startups and exits across multiple industries. He was the Co-Founder of Trustpoint International ($60M in annual revenue); Former senior executive at Hudson Global, Xerox and CS Disco; Board Member...
info_outlineMike Hananel, CEO of Strategic Growth Real Estate and Cecil Cummins Discuss the current situation, along with the short-term and long-term implications of COVID-19.
As the CEO of Strategic Growth Real Estate, Inc., the Commercial Real Estate Brokerage, Investment, and Property Management firm he founded in Los Angeles in 2012, Michael Hananel brings nearly thirty years of entrepreneurial experience in business operations and real estate management to the table. A third-generation real estate investor and second-generation real estate broker, Michael has a lifetime of experience in the real estate industry, including the founding, in 2006, of WNY Metro Horizon in Buffalo, NY, a company he grew to over 600 apartment units under management before he sold the company for $36.0 Million in early 2015.
As a devoted student of the economy, money and monetary policy, in 2005 Michael foresaw the housing crash and anticipated a massive downturn in the housing market in Los Angeles and nationwide. He began selling all of his apartment building investments in Los Angeles and encouraged his clients (whom he managed apartment buildings for) to do the same. He then began researching markets all around the United States to see if there would be a safer market to roll those funds into (for tax deferral purposes) that would withstand a nationwide housing downturn.
Buffalo, NY fit his investment criteria perfectly so he opened an office there and began making investments there and bringing many of his LA clients into the Buffalo market with him. In 2005, when he began investing in Buffalo, it was ranked by Moody's as the 72nd best real estate market of the 100 largest cities in America. When he sold in 2015 Kiplinger's Finance Magazine ranked Buffalo as the #1 real estate market in the country (of the 100 largest cities in America) during the Great Recession from 2007 to 2014. Michael's clients who invested with him in Buffalo made an average overall return of 312% (34% average annual return) during the Great Recession.