On this episode of the Best Ever CRE Show, host Joe Cornwell and his business partner Anderson Morgan dive into their current redevelopment project - transforming a historic 11,000 sq ft theater in Reading, Ohio's Bridal District into a modern multifamily complex. They discuss navigating complex construction challenges, securing crucial city partnerships for tax abatement and parking solutions, and their market analysis methodology for determining optimal unit mix and pricing. The conversation o...
Feb 23, 2025•33 min•Season 1Ep. 3825
On this episode of the Best Ever CRE Show, host Slocomb Reed provides a comprehensive foundation for new passive real estate investors looking to deploy significant capital. Reed breaks down the essential decision-making framework between income-focused investing (targeting monthly or annual returns for current lifestyle needs) versus wealth-building strategies (compounding capital for future milestones). He explains three key methods to accelerate capital growth in real estate: forcing apprecia...
Feb 22, 2025•31 min•Season 1Ep. 3824
On this episode of Next Level CRE, host Matt Faircloth interviews Reed Goossens, head of RSN Property Group and veteran of 27 syndications totaling over $900 million in transactions. Goossens shares insights on navigating the current multifamily downturn, including how his firm closed five deals over the past two challenging years by focusing on positive leverage and agency debt. The conversation explores distressed opportunities emerging in the market, lessons from both successful and challengi...
Feb 21, 2025•52 min•Season 1Ep. 3823
On this episode of the Best Ever CRE Show's Passive Income Playbook, host Pascal Wagner interviews Sanjay Vora, CEO of Avestor and advisor to over 200 fund managers. Vora shares his evolution from tech executive to fund manager, offering deep insights into private fund evaluation, discussing key due diligence strategies, and emphasizing the importance of diversification in passive investing. Drawing from his experience with over 25 syndications and 100+ debt deals, Vora provides actionable advic...
Feb 20, 2025•50 min•Season 3Ep. 3821
On this episode of the Best Ever CRE Show, host Joe Cornwell sits down with his business partner Anderson Morgan to discuss how investors can leverage construction expertise to enhance their real estate investments. Morgan shares his journey from a live-in flip to developing a successful construction company, offering insights on building reliable contractor relationships, managing expectations between GCs and investors, and why controlling the construction aspect of real estate investing has be...
Feb 19, 2025•32 min•Season 4Ep. 3821
On this episode of The Horizon with John Chang, Brian Murdy draws from over 40 years of commercial real estate experience to analyze current market dynamics and future opportunities. With multiple market cycles under his belt since Black Monday in 1987, Murdy explains why the bid-ask spread is finally narrowing and why private capital has advantages over institutional investors in today's market. He shares his bullish outlook on multifamily, predicting an 11% unlevered IRR over the next five yea...
Feb 18, 2025•34 min•Season 1Ep. 3820
On this episode of the Best Ever CRE Show, Ryan Tseko, Executive Vice President of Cardone Capital, shares insights from managing a 15,000-unit portfolio valued at over $1.6 billion. Drawing from his unique journey from commercial airline pilot to Grant Cardone's right-hand man, Tseko discusses their strategy of combining fixed-rate financing with 10-year hold periods to weather market cycles. He reveals details about their innovative approach of bundling Bitcoin with multifamily investments, th...
Feb 17, 2025•48 min•Season 1Ep. 3819
On this episode of the Best Ever CRE Show, Sam Froerer, Managing Partner of Compass Capital, shares his strategic approach to workforce housing investments in Nashville. Starting his firm in 2021 after working at a multi-billion dollar REIT, Froerer explains why he targeted Nashville as an emerging market with similar characteristics to Austin from 7-10 years ago. He discusses his focus on C+ to B- properties located 5-15 minutes from downtown, where his renovated units at $1,250-1,300 per month...
Feb 16, 2025•38 min•Season 1Ep. 3818
On this episode of the Best Ever CRE Show, Brent Lieberman, founding principal of Levelan Partners, shares his expertise in industrial real estate investment and development across the Midwest and Southeast. Specializing in single-tenant net lease deals under 150,000 square feet, Lieberman discusses his firm's flexible approach to both stabilized acquisitions and ground-up development. He provides detailed insights into key industrial property metrics, including clear height requirements, office...
Feb 15, 2025•27 min•Season 1Ep. 3817
On this episode of the Next Level CRE, Jerome Maldonado shares his journey from value-add multifamily investor to ground-up developer, and how he's adapted his strategy to thrive in changing market conditions. Starting as a dyslexic student who became a serial entrepreneur, Maldonado explains his transition from self-funding deals to raising capital, including how he turned his first capital raise into a $12.6 million profit through strategic development. He provides detailed insights into his c...
Feb 14, 2025•46 min•Season 1Ep. 3816
Introducing The Passive Income Playbook, a new series hosted by Pascal Wagner focused on helping passive investors build and manage wealth like a business. Drawing from his experience deploying over $150 million in venture capital and building his own passive portfolio generating $250,000+ annually, Wagner brings strategic insights to help listeners avoid common pitfalls and accelerate their path to financial independence. In this inaugural episode, Christopher Nelson shares his evolution from t...
Feb 13, 2025•1 hr 7 min•Season 1Ep. 3815
On this episode of the Best Ever CRE Show, JP Newman, CEO and founder of ThriveFP, discusses navigating the current market cycle in multifamily real estate. With over 20 years of experience and 20,000 units under his belt, Newman shares why his firm strategically reduced their portfolio from 10,000 to 1,500 units to position for upcoming opportunities. He predicts 24 months of market distress ahead, projecting another 10-20% price decline unless interest rates decrease significantly, while empha...
Feb 12, 2025•27 min•Season 4Ep. 3814
On this episode of the Best Ever CRE Show, Marcus & Millichap's John Chang delivers a timely solo analysis of how recent policy changes could impact commercial real estate markets in 2025. Chang examines the potential effects of new tariffs with Canada, Mexico, and China, forecasting reduced GDP growth and increased inflation. He provides detailed insights into how these policies might affect various commercial real estate sectors, with particular focus on multifamily where construction cost...
Feb 11, 2025•30 min•Season 1Ep. 3813
On this episode of the Best Ever CRE Show, Travis Watts shares invaluable advice for effectively networking at real estate conferences and meetups. Drawing from seven years of experience attending local, national, and international events, Travis emphasizes the importance of approaching networking with a clear game plan and focusing on building genuine, long-term relationships rather than making quick sales. He shares practical tips like listening more than talking, having quality business cards...
Feb 10, 2025•24 min•Season 1Ep. 3812
Slocomb Reed interviews Chris Grenzig, co-founder of JAG Capital Partners and JAG Property Management. Chris shares his journey in real estate, detailing his transition from working for a larger firm to starting his own company. He discusses the current challenges in the Jacksonville market, including rising insurance costs and the impact of new construction on rental prices. Chris also explains his decision to pivot to third-party property management and the operational strategies he employs to...
Feb 09, 2025•32 min•Season 1Ep. 3811
Matt Faircloth interviews Dave Codrea, a successful real estate investor and owner of Greenleaf Management. They discuss Dave's journey from being a landlord in Allentown, Pennsylvania, to scaling his business in Atlanta, Georgia. The conversation covers various themes including the importance of market growth, the choice between institutional and individual capital, the benefits of maintaining a drivable portfolio, and the significance of building strong relationships with brokers. Dave shares ...
Feb 08, 2025•58 min•Season 1Ep. 3810
Matthew Cox shares his incredible journey from being a mortgage broker to committing extensive fraud, living on the run, and ultimately facing the consequences of his actions. He discusses the methods he used to defraud banks, the thrill of evading capture, and the lessons learned from his experiences in prison. Cox reflects on the allure of a criminal lifestyle and the harsh realities that followed, emphasizing personal accountability and the impact of his choices on his life and family. Sponso...
Feb 07, 2025•1 hr 29 min•Season 1Ep. 3809
Amanda Cruise interviews Michael Holman, president of Overland Development, who shares insights on the current real estate development landscape across various asset classes including multifamily, retail, hospitality, and self-storage. Michael discusses the importance of understanding market dynamics, the significance of pre-leasing, and the strategies for successful land acquisition and city approvals. He also highlights the shift in investment strategies over the past five years, focusing on r...
Feb 06, 2025•38 min•Season 1Ep. 3808
Slocomb Reed interviews Joe Archbold, the owner of Anthem Investing, who shares his journey into real estate investing and the role of broker dealers in syndication. Joe discusses the benefits of passive investing through broker dealers, the vetting process for sponsors, and the compensation structures for broker dealers. He also explains why operators choose to work with broker dealers and explores the fund of funds model, providing insights into the complexities of capital raising in the real ...
Feb 05, 2025•24 min•Season 1Ep. 3807
On this episode of The Horizon with John Chang, John interviews John Manning. They discuss the current state of the multifamily real estate market, highlighting optimism despite challenges such as high interest rates and limited transactional activity. He explores the role of debt funds, compares various property types, and addresses the difficulties in office financing. John also shares predictions for 2025, emphasizing the potential for increased transaction volume and the importance of strate...
Feb 04, 2025•36 min•Season 1Ep. 3806
Amanda Cruise and Ash Patel interview Gregg Gruehl, co-founder of Gruehl Capital Management Partners, who specializes in industrial real estate investments. Gregg shares his extensive background in the industry, the current challenges in finding deals, and the unique niche of shallow bay industrial properties. He discusses his investment strategies, the importance of building partnerships with family offices, and the dynamics of ground-up development versus pre-leasing. The conversation also cov...
Feb 03, 2025•36 min•Season 1Ep. 3805
Amanda and Ash welcome Shauna Wekherlien, known as Shauna the Tax Goddess, who specializes in tax mitigation strategies for businesses and entrepreneurs. Shauna discusses her unique approach to reducing tax liabilities, including creative deductions, the importance of detailed client intake, and common mistakes made by real estate investors. She also explains the Augusta Rule, which allows property owners to rent their homes tax-free for up to 14 days, and emphasizes the significance of document...
Feb 02, 2025•32 min•Season 1Ep. 3807
Joe Cornwell interviews Harry Arsene, a construction and real estate development expert. Harry shares his journey from mechanical engineering to real estate, discussing the challenges and rewards of transitioning into construction and development. He emphasizes the importance of in-house construction teams, the benefits of new construction over rehabbing old properties, and the financial intricacies of multifamily projects. The conversation also touches on the impact of immigration policies on t...
Feb 01, 2025•34 min•Season 1Ep. 3803
Matt Faircloth and Dave Cooper discuss the evolution of construction technology, focusing on modular and offsite construction methods. They explore the current housing shortage in the U.S. and globally, examining the factors contributing to this issue, including rising costs and regulatory hurdles. The discussion highlights the potential of manufacturing and technology to create affordable housing solutions, emphasizing the need for a shift in how homes are built to meet modern demands. Dave sha...
Jan 31, 2025•1 hr 3 min•Season 1Ep. 3802
Slocomb Reed interviews Rich and Angie McDaniel, who share their journey in real estate, focusing on their companies Command Properties and Rent Risk. They discuss the importance of high standards in property management, effective tenant screening processes, and the unique challenges of managing properties in Northern Virginia, particularly for military and federal employees. The conversation emphasizes the significance of establishing objective criteria for tenant approval, maintaining property...
Jan 30, 2025•27 min•Season 1Ep. 3801
Ash Patel and Amanda Cruz delve into the world of commercial real estate, discussing various asset classes, investment strategies, and the challenges and opportunities within the market. They explore the nuances of mobile home parks, retail spaces, and warehouse investments, while debunking common myths and emphasizing the importance of local knowledge in finding lucrative deals. Sponsors: Capital Gains Tax Solutions Crystal View Capital Learn more about your ad choices. Visit megaphone.fm/adcho...
Jan 29, 2025•56 min•Season 1Ep. 3800
On this episode of The Horizon with John Chang, Sean Bannon discusses the current state of commercial real estate, focusing on the impact of interest rates, the role of private capital versus institutional investors, and insights into the apartment market. He emphasizes the resilience of the US economy and the potential for growth in real estate investments despite challenges posed by high rates. The discussion also touches on the future of office spaces and the evolving dynamics of the real est...
Jan 28, 2025•34 min•Season 1Ep. 3799
Slocomb Reed interviews Dan Krueger from Invictus Capital, who shares insights into his journey from corporate finance to multifamily real estate investing. Dan discusses his current focus on the Minneapolis market, strategies for improving debt terms, and the importance of expense reduction in today's economic climate. He highlights the significance of leveraging tax incentives and offers practical advice for real estate investors. The conversation concludes with a lightning round of quick ques...
Jan 27, 2025•22 min•Season 1Ep. 3798
Amanda Cruise interviews Ash Patel, discussing the evolution of commercial real estate strategies over the past four years. Ash shares insights on portfolio management, the importance of net worth, partnership dynamics, and the challenges of deal flow in the current market. He emphasizes the significance of finding high-return deals, the strategies for selling properties, and his vision for the future of his business. The conversation also touches on the realities of business ownership and the i...
Jan 26, 2025•30 min•Season 1Ep. 3797
Joe Cornwell interviews Danny Flores, owner of Prime Capital Investments, who shares his journey from the construction industry to multifamily real estate investing. Danny discusses his transition to syndication, the challenges of high interest rates, and the importance of understanding market dynamics. He highlights the significance of building relationships with brokers and the lessons learned from both successful and unsuccessful deals. Danny emphasizes the need for careful underwriting and t...
Jan 25, 2025•24 min•Season 1Ep. 3796
