Deep Dive into Real Estate Analytics with Val Despard
Episode description
In this episode of The Stash Cast, host Stash Geleszinski
sits down with Val Despard, Founder and CEO of Despard Analytics and Director
of Financial Analytics for Newmark. Val shares his journey from starting as an
analyst in 2007 to founding Despard Analytics, a firm that provides financial
modeling and consulting services to commercial real estate professionals.
Val discusses the evolution of his company, the value of
senior-level analysts, and the nuances of financial modeling in commercial real
estate. The conversation covers various asset classes including office, retail,
multifamily, and self-storage, and dives into the complexities of using Excel
and Argus for financial analysis.
Listeners will gain insights into the relationship between
debt markets and property values, the challenges of office conversions, and the
importance of understanding market dynamics. Val also offers valuable advice
for investors and brokers on the importance of detailed and accurate financial
analysis.
Highlights:
- Val's background and the founding of Despard Analytics
- The value proposition of senior-level analysts in
commercial real estate
- Differences between using Excel and Argus for financial
modeling
- Impact of debt markets on property values and cap rates
- Challenges and opportunities in the current office market
- Strategies for successful value-add investments
- The role of tax incentives in development deals
- How Despard Analytics can replace or supplement in-house
analysts
Guest Info:
- Name: Val Despard
- Title: Founder and CEO of Despard Analytics, Director of
Financial Analytics for Newmark
- LinkedIn: https://www.linkedin.com/in/val-despard/
- Email: [email protected]
This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit thestashcast.substack.com/subscribe