WMRE Common Area: Recent Episodes
WMRE Common Area
Welcome to the Wealth Management Real Estate’s Common Area Podcast. This compact, up tempo podcast is brought to you by the award winning editorial staff at WMRE (https://www.wealthmanagement.com/real-estate). They put the week’s most hard-hitting content into context helping commercial real estate professionals get the information they need to perform their jobs better.
WealthManagement.com’s Executive Editor for Investments David Bodamer chats with Robert Collins, co-head of private wealth at Partners Group.
Partners Group, an alternative asset manager, was an early mover into the global wealth market, including a popular 15-year-old private equity fund in the United States. Collins explores the shift from public to private markets and its significance for investors, highlighting evergreen funds’ tax benefits and compounding advantages. He also discusses the company’s partnership with BlackRock and the private markets model portfolios the firm is bringing to the market in 2025.
David and Rob discuss:
- The market shift from public to private markets and its implications for investors
- The benefits Partners Group sees in evergreen funds, including lower minimums and tax simplicity
- A new partnership with BlackRock to offer diversified private market model portfolios starting in 2025
- Global insights and innovations in private markets, like tokenization in Singapore
Connect With David Bodamer:
- david.bodamer@informa.com
- WealthManagement.com
- LinkedIn: David Bodamer
- LinkedIn: Informa
Connect With Robert Collins:
- Partners Group
- LinkedIn: Robert Collins
About Our Guest:
Robert Collins is Co-Head of Private Wealth, Head of Partners Group’s New York Office, and a member of the Global Executive Board. He is President, Portfolio Manager, and Member of the Board of Managers of Partners Group Private Equity (Master Fund), LLC. He also chairs Partners Group (USA) Inc.’s Investment Committee. Robert joined the firm in 2005 as a member of the Private Equity investment team and has 24 years of industry experience. Prior to joining Partners Group, he worked at UBS Warburg and Salomon Smith Barney. Robert holds an MBA from the Johnson School at Cornell University, where he was a Roy H. Park Leadership Fellow, and a bachelor’s degree from Tulane University, where he majored in economics and history. He is a CFA charterholder.
WealthManagement.com’s David Bodamer delves into the recent research published by Brookfield Oaktree Wealth Solutions with David Levi, managing partner and CEO of Brookfield’s Global Client Group. During their conversation, they discuss Brookfield’s strategic focus on making institutional-quality assets accessible to a broader investor base.
David shares:
- Takeaways from Brookfield’s recent research on the use of alternatives within the wealth channel
- How advisors can effectively introduce alternatives to their clients and how having alternatives in their toolkit is valuable for practice management
- Different investor profiles and their use of alternative assets
- Brookfield’s approach to providing access to diversified asset types and product structures
- And more
Connect With David Bodamer:
- david.bodamer@informa.com
- WealthManagement.com
- LinkedIn: David Bodamer
- LinkedIn: Informa
Connect With David Levi and Brookfield:
- Brookfield.com
- Brookfield|Oaktree
- LinkedIn: David Levi
About Our Guest:
David Levi is a Managing Partner and Chief Executive Officer of Brookfield’s Global Client Group. In this role, he is responsible for Brookfield’s client relationships across the organization, including the expansion of fund offerings, client solutions and servicing its large and growing institutional and private wealth client base. Prior to this, Mr. Levi was a Managing Partner and CEO of Brookfield Oaktree Wealth Solutions, which is responsible for Brookfield and Oaktree’s relationships with private wealth clients globally.
In this episode of the Wealth Management Invest podcast, host David Bodamer sits down with Bob Long, CEO and partner of StepStone Private Wealth, to explore StepStone’s approach to developing private market investments for the wealth channel.
Long discusses why Stepstone has opted for evergreen funds—semi-liquid, continuously invested structures rather than traditional drawdown funds. Such vehicles feature simplified tax reporting, no capital calls, and lower minimums, opening access to a wider range of investors.
Key highlights from the episode include:
- An explanation for how evergreen fund structures provide access to investors typically cut off from alternative investments
- A discussion of how Stepstone uses the semi-liquid structure across several alternative asset classes including infrastructure, private equity, and private credit.
- How financial advisors are using semi-liquid funds in some clients’ portfolios
- And more
Connect With David Bodamer:
- david.bodamer@informa.com
- WealthManagement.com
- LinkedIn: David Bodamer
- LinkedIn: Informa
Connect With Bob Long:
- StepStone Private Wealth
- LinkedIn: Bob Long
About Our Guest:
Mr. Long has three decades of experience in the private markets and has led investment teams for global firms in both the general partner and limited partner roles. He has served as the CEO of two publicly traded companies focused on expanding private market access for high-net-worth investors.
David Bodamer of WealthManagement.com sits down with Mike Scarsciotti, SVP and Head of Investment Specialists at Fidelity Investments, to discuss the changing dynamics of portfolio construction. Fidelity draws insights from analyzing 12,000 portfolios. Their conversation covers significant trends, including the growing popularity of ETFs, the resurgence of active management strategies, and evolving approaches to asset allocation gleaned from this analysis.
David and Mike discuss:
- How the usage of ETFs has grown in individual investment portfolios
- What is driving the evolution toward increased use of active ETF strategies
- What insights can be gained from current average portfolio allocations and how those are shifting
- What opportunities exist in real estate and other undervalued sectors
- And more
Connect With David Bodamer:
- david.bodamer@informa.com
- WealthManagement.com
- LinkedIn: David Bodamer
- LinkedIn: WealthManagement.com
Connect With Mike Scarsciotti:
- Fidelity Investments: Investment Portfolio Insights
- LinkedIn: Mike Scarsciotti
About Our Guest:
Mike Scarsciotti leads the specialist sales team within Fidelity Institutional, including Asset Class Investment Specialists (Global Equity, Fixed Income, and Alternatives), Portfolio Solution Specialists (Model Portfolios and Direct Indexing), and Capital Market Strategists.
David Bodamer sits down with Joan Solotar, Global Head of Private Wealth Solutions at Blackstone, to explore the evolution of private market investments and how financial advisors can leverage these opportunities to enhance their clients’ portfolios. Joan discusses how technology and innovation are reshaping investment processes, making it easier for a broader range of investors to participate in private markets.
Gain insight as David and Joan touch on:
- The increasing accessibility of private investments to individuals with lower investible assets
- The role of education in helping advisors effectively utilize private market solutions
- How technology is streamlining the investment process for advisors and investors
- Insights into portfolio construction using private equity, credit, and real estate
- And more
Connect With David Bodamer:
- david.bodamer@informa.com
- WealthManagement.com
- LinkedIn: David Bodamer
- LinkedIn: Informa
Connect With Joan Solotar:
- Blackstone
- LinkedIn: Joan Solotar
About Our Guest:
Joan Solotar is the Global Head of Private Wealth Solutions. She serves on the firm’s Management Committee. Blackstone’s Private Wealth Solutions’ mission is to bring institutional quality products across a broad spectrum of alternative asset classes to high-net-worth clients and their advisors. Ms. Solotar also serves on the board of directors of First Eagle Investment Management.
Before joining Blackstone in 2007, Ms. Solotar was Head of Equity Research at Bank of America Securities and a highly ranked Institutional Investor All-Star financial services analyst at Credit Suisse and Donaldson, Lufkin & Jenrette.
David Bodamer speaks with Jack Shannon, a senior analyst on Morningstar’s manager research team, in an episode recorded in front of a live audience at the Morningstar Investor Conference. They delve into the distinctions between active and passive ETFs, highlighting the nuances in their management and trading and whether active ETFs deliver on their premises.
Listen in as David and Jack highlight:
- The increasing growth of active ETFs, with active launches accounting for a growing percentage of ETF product development
- Assessment of the performance of active ETFs to date
- The potential for active ETFs to cannibalize mutual fund assets
- The turnover rates of active ETFs, with many new launches often closing within a few years due to fad chasing or lack of compelling investment strategies
- What other research Shannon is working on for the rest of the year
- And more
Overall, the episode provides an insightful look into the evolving landscape of active ETFs and their place in the broader investment market.
Resources:
- Invest in SpaceX Alongside Elon Musk? Why This Closed-End Fund Is Not Worth the Ride
- Mutual Fund Managers Are Wrong More Than They’re Right
Connect With David Bodamer:
- david.bodamer@informa.com
- WealthManagement.com
- LinkedIn: David Bodamer
- LinkedIn: Informa
Connect With Jack Shannon:
- Morningstar
- LinkedIn: Jack Shannon
About Our Guest:
Jack Shannon is a senior manager research analyst for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. He focuses on actively managed equity strategies and is the lead analyst for MFS and Artisan Partners, among other firms.
Prior to joining Morningstar in 2020, Shannon worked in commercial banking and was a consultant providing subject matter expertise on complex financial litigation. Shannon holds a bachelor’s degree in economics and history from James Madison University. He also holds a Master of Business Administration in investments and corporate finance from the University of Notre Dame’s Mendoza College of Business.
WealthManagement.com’s David Bodamer speaks with Jake Miller, Co-Founder and Chief Solutions Officer at Opto Investments, about the evolving landscape of private markets and how RIAs can leverage new strategies to benefit their clients. They touch on the opportunities and challenges within private equity, private credit, infrastructure, and real estate, as well as Opto’s recent partnership with Mercer Advisors.
Jake discusses:
- The development and goals of Opto Investments and their role in the burgeoning market of private investments for the wealth channel
- Details about the recent partnership with Mercer Advisors and the opportunities Mercer is bringing to its qualified purchaser clients developed with Opto.
- Insights on the current state and future trends within private investments
- The importance of a fiduciary-first approach in managing private markets
- And more
Connect With David Bodamer:
- david.bodamer@informa.com
- WealthManagement.com
- LinkedIn: David Bodamer
- LinkedIn: Informa
Connect With Jacob (Jake) Miller:
- LinkedIn: Jake Miller
- Opto Investments
About Our Guest:
Jacob (Jake) Miller is the Co-Founder and Chief Solutions Chief Solutions Officer at Opto Investments. Prior to helping found Opto, Jacob was at Bridgewater Associates. He has a passion for sensible long-term investing, systematizing investment processes, and distilling complex market dynamics into clear, logical linkages that help people better understand their investments.
Jacob has been managing money for family and friends since he was 16 and is a certified market junkie. While he has a background in macroeconomics and high-yield debt, he finds the challenges and opportunities in the private markets space far more interesting and important, both for investors and society.
WealthManagement.com’s David Bodamer sits down with Doug Huber, Vice President of Investment Strategy at Wealth Enhancement Group, to delve into how the RIA approaches private market strategies amid the ongoing evolution of alternative investments.
Doug focuses on:
- What is the trend of democratization in alternative investments and increased investor access
- How education plays a crucial role in understanding and leveraging alternative assets
- The importance for RIAs of undertaking due diligence and manager selection in navigating private markets
- Strategies that can be employed for portfolio diversification and achieving various investment objectives through alternatives
- And more
Connect With Doug Huber:
- LinkedIn: Doug Huber
- Wealth Enhancement Group
Connect With David Bodamer:
- david.bodamer@informa.com
- WealthManagement.com
- LinkedIn: David Bodamer
- LinkedIn: Informa
About Our Guest:
Doug is responsible for the firm’s external manager research across both traditional and alternative investment strategies. He joined Wealth Enhancement Group in 2021 through the North American Management merger. Prior to joining North American Management, he was a Senior Research Analyst at Federal Street Advisors, where he led the alternative investment program. A golf fanatic, Doug lives in Lincoln, MA with his wife.
Listen in as David Bodamer sits down with Karen Veraa, managing director of Fixed Income iShares Strategy at BlackRock Financial Management, to discuss fixed-income ETFs. Karen shares insight on navigating the current market complexities, from managing inflation impacts to exploring strategic investment avenues.
Karen focuses on:
- The current state and future prospects of fixed-income markets
- Insights into fixed-income ETFs and their role in today’s investment strategies
- The concept of bond laddering and its benefits for investors
- Navigating market expectations and the role of the Federal Reserve
- And more
Connect With Karen Veraa:
- LinkedIn: Karen Veraa
- BlackRock
Connect With David Bodamer:
- david.bodamer@informa.com
- WealthManagement.com
- LinkedIn: David Bodamer
- LinkedIn: Informa
About Our Guest:
Karen Veraa, CFA, is a Fixed Income Product Strategist within BlackRock’s Global Fixed Income Group focusing on iShares fixed income ETFs. She concentrates on supporting iShares clients, generating content on fixed income markets and ETFs, developing new fixed income iShares ETF strategies, and partnering with the iShares team on product delivery. She writes about fixed income ETFs and trends in that sector.
The majority of Lawrence’s career has focused on the meeting point of finance and technology. At Goldman, Sachs & Co., where he worked for 17 years, he was a partner & managing director, most recently serving as the co-head of the Global Technology Banking Group (part of the Investment Banking Division), focusing on all aspects of technology including the internet & e-commerce, software, services & hardware. He has also worked as director of various digital & e-commerce businesses, as well as a series of acquisition vehicles.
Listen in as David Bodamer sits down with Lawrence Calcano, Chairman and CEO of iCapital, to explore the world of alternative investments and their role in modern portfolio strategies. They unravel the complexities of the alt space, examine recent developments at iCapital, and discuss how advisors are integrating these assets into their offerings for a more diversified investment approach.
Lawrence focuses on:
- The importance of education in the early adoption phase of alternative investments.
- How alternatives can enhance portfolio diversification and performance.
- How innovative fund structures make alternative investments more accessible.
- The role of technology in simplifying the investment process in alternative assets.
- And more
Connect With Lawrence Calcano:
- LinkedIn: Lawrence Calcano
- iCapital
Connect With David Bodamer:
- david.bodamer@informa.com
- WealthManagement.com
- LinkedIn: David Bodamer
- LinkedIn: Informa
About Our Guest:
Lawrence is the Chairman and CEO of iCapital. He began advising and working with iCapital shortly after its 2013 founding, leading key strategic and business development initiatives, before joining full-time as CEO in early 2014. Since then, he has led the rapid growth – both organic and through acquisition – of iCapital, building it into a leading global Fintech company.
The majority of Lawrence’s career has focused on the meeting point of finance and technology. At Goldman, Sachs & Co., where he worked for 17 years, he was a partner & managing director, most recently serving as the co-head of the Global Technology Banking Group (part of the Investment Banking Division), focusing on all aspects of technology including the internet & e-commerce, software, services & hardware. He has also worked as director of various digital & e-commerce businesses, as well as a series of acquisition vehicles.
WealthManagement.com’s David Bodamer is joined by Tony Davidow, Senior Alternatives Investment Strategist with Franklin Templeton Institute. With over 35 years in the industry, Tony shares insights on the increasing accessibility of alternative strategies and the role of private credit, private equity, and real estate in diversified portfolios. He emphasizes the importance of education for advisors in alternative investments, the need for operational efficiency, and working with institutional quality managers to navigate this complex yet rewarding investment space.
Tony focuses on:
- How interval and tender offer funds have revolutionized access to alternative investments for a broader range of investors
- The significance of diversification in the 60/40 portfolio strategy and the need for alternative investments in today’s market environment
- How private equity, private credit, and private real estate hedge against market risks and provide enhanced portfolio diversification
- Why the institutional quality of asset managers is crucial in ensuring successful investments in alternative asset classes
- And more
Connect With Tony Davidow:
- LinkedIn: Tony Davidow
- Franklin Templeton
- Knowledge Hub | Alternatives by FT
Connect With David Bodamer:
- david.bodamer@informa.com
- WealthManagement.com
- LinkedIn: David Bodamer
- LinkedIn: Informa
About Our Guest:
As an investment strategist for the Franklin Templeton Institute, Tony Davidow is responsible for developing and delivering the Franklin Templeton Institute’s insights on the use of alternative investments through independent research, participating in industry conferences, and webinars, and engaging directly with key partners and clients. Prior to his current role, Mr. Davidow held senior leadership roles with Morgan Stanley, Guggenheim and Schwab among other firms. Davidow began his career working for a New York-based Family Office and has worked directly with many institutions and ultra-high-net-worth families over the years. He is a frequent writer and speaker with deep expertise in the use of alternative investments, asset allocation, and portfolio construction, as well as goals-based investing.
Mr. Davidow received the prestigious Investments & Wealth Institute Wealth Management Impact Award in 2020 for his contributions to the wealth management industry; and was awarded the Stephen L. Kessler writing award in 2017, and honorable distinction in 2015.
Disclosure:
This material reflects the analysis and opinions of the speakers as of March 4, 2024 and may differ from the opinions of portfolio managers, investment teams or platforms at Franklin Templeton. It is intended to be of general interest only and should not be construed as individual investment advice or a recommendation or solicitation to buy, sell or hold any security or to adopt any investment strategy. It does not constitute legal or tax advice.
The views expressed are those of the speakers and the comments, opinions and analyses are rendered as of the date of this podcast and may change without notice. The information provided in this material is not intended as a complete analysis of every material fact regarding any country, region, market, industry, security or strategy. Statements of fact are from sources considered reliable, but no representation or warranty is made as to their completeness or accuracy.
What Are the Risks?
All investments involve risks, including possible loss of principal. The value of investments can go down as well as up, and investors may not get back the full amount invested.
Investments in many alternative investment strategies are complex and speculative, entail significant risk and should not be considered a complete investment program. Depending on the product invested in, an investment in alternative strategies may provide for only limited liquidity and is suitable only for persons who can afford to lose the entire amount of their investment. An investment strategy focused primarily on privately held companies presents certain challenges and involves incremental risks as opposed to investments in public companies, such as dealing with the lack of available information about these companies as well as their general lack of liquidity. Diversification does not guarantee a profit or protect against a loss.
Risks of investing in real estate investments include but are not limited to fluctuations in lease occupancy rates and operating expenses, variations in rental schedules, which in turn may be adversely affected by local, state, national or international economic conditions. Such conditions may be impacted by the supply and demand for real estate properties, zoning laws, rent control laws, real property taxes, the availability and costs of financing, and environmental laws. Furthermore, investments in real estate are also impacted by market disruptions caused by regional concerns, political upheaval, sovereign debt crises, and uninsured losses (generally from catastrophic events such as earthquakes, floods and wars). Investments in real estate related securities, such as asset-backed or mortgage-backed securities are subject to prepayment and extension risks.
An investment in private securities (such as private equity or private credit) or vehicles which invest in them, should be viewed as illiquid and may require a long-term commitment with no certainty of return. The value of and return on such investments will vary due to, among other things, changes in market rates of interest, general economic conditions, economic conditions in particular industries, the condition of financial markets and the financial condition of the issuers of the investments. There also can be no assurance that companies will list their securities on a securities exchange, as such, the lack of an established, liquid secondary market for some investments may have an adverse effect on the market value of those investments and on an investor’s ability to dispose of them at a favorable time or price. Past performance does not guarantee future results.
Data from third party sources may have been used in the preparation of this material and Franklin Templeton (“FT”) has not independently verified, validated or audited such data. FT accepts no liability whatsoever for any loss arising from use of this information and reliance upon the comments, opinions and analyses in the material is at the sole discretion of the user.
WealthManagement.com’s David Bodamer sits down with Aaron Filbeck, who leads UniFi by CAIA, to delve into how the CAIA association contributes to the education surrounding alternative investments. They explore the recent overhaul of the CAIA’s core program, designed to equip industry experts with a thorough grasp of alternative investment approaches and their role in asset allocation.
Aaron focuses on:
- How CAIA is adapting courses for modern evolution within the financial space
- What obstacles did CAIA face in developing its new courses
- How has the accessibility of alternative strategies and asset types been influenced by other factors
- What is the overarching mission of CAIA in terms of providing education and aiding individuals in making informed portfolio decisions
- And more
Connect With Aaron Filbeck:
- LinkedIn: Aaron Filbeck
- UniFi by CAIA
Connect With David Bodamer:
- david.bodamer@informa.com
- WealthManagement.com
- LinkedIn: David Bodamer
- LinkedIn: Informa
About Our Guest:
Aaron Filbeck, CAIA, CFA, CFP®, CIPM, FDP oversees UniFi by CAIA, a learning platform dedicated to educating the private wealth management industry on alternative investments. He was previously responsible for leading and implementing the CAIA Association’s content agenda, thought leadership initiatives, and content development for the CAIA Charter Program.
Innovations in product development have increased access to private markets for financial advisors and their clients. Steve Brennan, managing director and head of Private Wealth Solutions at Hamilton Lane, joined David Bodamer to discuss the state of private investments and Hamilton Lane’s path to developing private wealth strategies.
Steve focuses on:
- The benefits of private market investing and the evolution of the space
- How private assets affect portfolio diversification
- Why asset managers, including Hamilton Lane, are focusing on education to help advisors navigate private investment strategies
- And more
Connect With Steve Brennan:
- LinkedIn: Steve Brennan
- Hamilton Lane
Connect With David Bodamer:
- david.bodamer@informa.com
- WealthManagement.com
- LinkedIn: David Bodamer
- LinkedIn: Informa
About Our Guest:
Steve is a Managing Director and Head of Private Wealth Solutions at Hamilton Lane, leading the firm’s efforts to provide both evergreen and traditional private markets solutions to the growing Private Wealth channel. In this capacity, he sets the strategic direction and oversees all aspects of the Private Wealth Solutions business.
Some real estate structures offer investors major tax benefits. Like-kind exchanges allow investors to roll capital gains from one real estate investment into a new one. DSTs allow 1031 exchangers to pool capital into a fund. Qualified Opportunity Zone funds allow investors to defer capital gains from any previous investments.
In this episode, David Bodamer speaks with Louis Rogers, founder and Co-CEO of Capital Square, tax-advantaged real estate. Louis outlines the different structures and where his firm sits within the marketplace.
Louis discusses:
- How 1031 exchange options evolved, including the creation of Delaware Statuary Trusts
- Which property types Louis is bullish on in the current climate
- How he advises investors and chooses the assets for the different structures Capital Square uses
- How real estate investments fit into estate planning
- And more
Resources:
- Listen to the latest episodes of Common Area
Connect With Louis Rogers:
- LinkedIn: Louis Rogers
- Capital Square
Connect With David Bodamer:
- david.bodamer@informa.com
- WealthManagement.com
- WMRE
- LinkedIn: David Bodamer
- LinkedIn: Informa
About Our Guest:
Louis J. Rogers is founder and co-chief executive officer of Capital Square, where he oversees the firm’s Delaware statutory trust (DST) programs for investors seeking qualifying replacement property for Section 1031 tax-deferred exchanges and regular (non-exchange) investors.
For many individual investors, the traditional 60/40 portfolio focused on stocks and bonds was the only option they had for investment plans. Bluerock is among a group of alternative asset managers creating offerings meant to increase access to other asset types and investment structures.
In this episode, David Bodamer speaks with Ramin Kamfar, CEO of Bluerock, on how the firm built its interval funds. Bluerock’s Bluerock Total Income+ Real Estate Fund is the largest real estate interval fund and second largest of all interval funds with more than $6 billion in assets. .
Ramin discusses:
- The role of alternative investments in creating an efficient portfolio
- An explanation of the Bluerock Total Income + Real Estate Fund (TIPRX)
- Notable trends in the four major sectors of commercial real estate
- The role of education in raising awareness among advisors about alternative investments
- And more
Resources:
- Listen to the latest episodes of Common Area
Connect With Ramin Kamfar:
- LinkedIn: Ramin Kamfar
- Bluerock
Connect With David Bodamer:
- david.bodamer@informa.com
- WealthManagement.com
- WMRE
- LinkedIn: David Bodamer
- LinkedIn: Informa
About Our Guest:
Mr. Kamfar serves as Chief Executive Officer of our Manager, and as Chairman of our board of directors and as our Chief Executive Officer. Mr. Kamfar served as Chairman of the board of directors and Chief Executive Officer of Bluerock Residential Growth REIT, Inc. from August 2008 to October 2022. In addition, Mr. Kamfar has served as Chairman of the board of trustees of Bluerock Total Income + Real Estate Fund, a closed-end interval fund organized by Bluerock, since 2012, and as Chairman of the board of trustees of Bluerock High Income Institutional Credit Fund, a closed-end interval fund organized by Bluerock, since 2022. Mr. Kamfar has also served as Chairman of the board of directors of Bluerock Industrial Growth REIT, Inc. and Chief Executive Officer of its external manager, Bluerock Industrial Manager, LLC, since 2021. Mr. Kamfar is the Founder and has also served as the Chairman and Chief Executive Officer of Bluerock since 2002. Mr. Kamfar has approximately 30 years of experience in various aspects of real estate, private equity, and investment banking. From 1988 to 1993, Mr. Kamfar worked as an investment banker at Lehman Brothers, New York, New York, where he specialized in mergers and acquisitions and corporate finance. From 1993 to 2002, Mr. Kamfar built a startup into a leading public company in the ‘fast casual’ market now known as Einstein Noah Restaurant Group, Inc. Mr. Kamfar received an M.B.A. degree with distinction in Finance from The Wharton School of the University of Pennsylvania, and a B.S. degree with distinction in Finance from the University of Maryland, College Park.
Real estate investment has historically not been the most innovative space when it comes to using new technologies. But Cadre is aiming to change that. The firm uses predictive models and workflow tools to change the investment experience. It also aims to provide access to real estate investment opportunities previously unavailable to some investors.
In this episode, David Bodamer speaks with Ryan Williams, founder and CEO of Cadre, about the company’s goal to transform real estate investment and increase access through the use of technology. Williams also discusses his goal in using real estate investment to create economic opportunities in underserved communities.
Ryan discusses:
- How Cadre’s platform works and what types of investors it works with
- Cadre’s three-pillar strategy for creating economic opportunities in underserved communities
- Why and how Cadre is involved in opportunity zone investments
- Cadre’s plans for growing its investor base
- And more
Resources:
- Listen to the latest episodes of Common Area
Connect With Ryan Williams:
- LinkedIn: Ryan Williams
- Cadre
- Twitter: Ryan Williams
Connect With David Bodamer:
- david.bodamer@informa.com
- WealthManagement.com
- WMRE
- LinkedIn: David Bodamer
- LinkedIn: Informa
About Our Guest:
Ryan Williams is the Founder and CEO of Cadre, a leading real estate technology platform that democratizes access to high-quality commercial real estate opportunities for individual and institutional investors. With ten years of experience in the industry, Ryan has a deep passion for leveraging data, technology, and innovation to transform the way people invest in real estate.
Under Ryan’s leadership, Cadre has achieved remarkable growth, scale, and impact. Cadre has closed over $5 billion in real estate transactions, generated a net annualized return of over 25% for its investors, and developed the industry’s first secondary marketplace for real estate investments. Cadre has also expanded its investor base to more than 50,000 accounts, and launched several new investment products and initiatives, including a fund focused on driving greater diversity and inclusion of operators in Cadre’s ecosystem program. Ryan’s mission is to empower more people to build wealth through real estate, and to make the asset class more transparent, efficient, and liquid.
Using recent Wealthmanagement.com research as a jumping off point, in this episode, David Bodamer speaks with Jay Miller, Chief Investment Officer at Forum Investment Group, exploring the company’s focus on multifamily real estate and the various investment options they offer and emphasizing how alternative investments provide opportunities for average investors to diversify portfolios by accessing asset classes previously limited to institutional investors.
Jay discusses:
- Why interest is increasing in alternative investments, including private real estate
- How advisors can help clients navigate alternative investments
- The challenge with alternative investments and how technology is making it easier to manage these types of investments
- The current trends in multifamily real estate
- And more
Resources:
- Alternative Investments 2023 Benchmarking Study Webinar
- Listen to the latest episodes of Common Area
Connect With Jay Miller:
- LinkedIn: Jay Miller
- Forum Investment Group
- Forum Capital Advisors
Connect With David Bodamer:
- david.bodamer@informa.com
- WealthManagement.com
- WMRE
- LinkedIn: David Bodamer
- LinkedIn: Informa
About Our Guest:
Jay brings more than 30 years of real estate investment experience to Forum with demonstrated success developing and executing business strategies, and managing teams and systems. As CIO, Jay oversees the firm’s real estate investment team, chairs Forum’s investment committees, and is responsible for driving the firm’s continued growth through multifamily equity and debt investment opportunities.
Commodities have long been recognized as a valuable diversification tool, but their complexities and limited accessibility have often deterred average investors from including them in their portfolios.
In this episode, David Bodamer speaks with John Love, president and CEO of USCF, on the role of commodities in investment portfolios. They explore the importance of traditional alternative investments like private equity and REITs, as well as the democratization of commodity investing through ETFs.
John discusses:
- The role of traditional alternative investments in portfolio planning
- The diversification benefits of commodities
- How USCF’s ETFs align with the energy transition and the global economy
- What investors should consider when building a diversified portfolio with alternative investments and commodities
- And more
Resources:
- Alternative Investments 2023 Benchmarking Study Webinar
- Listen to the latest episodes of Common Area
Connect With John Love:
- LinkedIn: John Love
- USCF
Connect With David Bodamer:
- david.bodamer@informa.com
- WealthManagement.com
- WMRE
- LinkedIn: David Bodamer
- LinkedIn: Informa
About Our Guest:
John Love is President and Chief Executive Officer of USCF. Mr. Love previously served as Senior Portfolio Manager of USCF’s products, including the United States Oil Fund (USO) and United States Natural Gas Fund (UNG), the largest oil and natural gas ETFs in the US. Since USCF’s founding, Mr. Love contributed to the firm’s evolution through operations trading, research, product development, marketing, capital markets, and more.
Despite the challenges faced by some parts of the commercial real estate industry, the fundamentals of many sectors remain strong and there remains plenty of opportunity for investment. In this episode, David Bodamer is joined by Elizabeth Wohlleb, managing director and head of Real Estate Capital Markets with Cresset Partners, to discuss how the group … Continue reading WMRE Common Area: Navigating Private Real Estate Opportunities for Investor Portfolios With Elizabeth Wohlleb →
While trends within real estate rise and fall, there are always themes and strategies that can be used in future markets when looking for investment opportunities. In this episode, David Bodamer speaks with Michael Acton, Managing Director of AEW Capital Management, on what he sees happening within the current real estate market and how investors … Continue reading WMRE Common Area: Current Themes Within the Real Estate Market With Mike Acton →
Real estate investments aren’t new to portfolio planning. How does Clarion take the next step in providing alternative real estate investments that provide attractive yields and portfolio diversity?
In this episode, David Bodamer speaks with Rick Schaupp, Managing Director at Clarion Partners, about the Clarion Partners Real Estate Income Fund, how it fits within financial and investment planning and the services they are providing to other wealth managers and individual investors.
Rick discusses:
- How a 40 ACT fund differs from other fund structures
- How does his valuation process relate to how publicly traded REITs are market
- The shift in commercial real estate value depends on the type of property
- Clarion’s process of sourcing investors and informing wealth advisors
- And more
Resources:
- Listen to the latest episodes of Common Area
Connect With Rick Schaupp:
- LinkedIn: Rick Schaupp
- Clarion Partners
Connect With David Bodamer:
- david.bodamer@informa.com
- WealthManagement.com
- WMRE
- LinkedIn: David Bodamer
- LinkedIn: Informa
About Our Guest:
Richard Schaupp is a Managing Director and the Portfolio Manager for Clarion Partners’ funds and a separate account relationship. As portfolio manager, Rick has overall responsibility for the management and portfolio strategy of these relationships. Rick has participated in the acquisition, asset management, and development management of over $4.0 billion of real estate. He originally joined Clarion Partners in 2000 and began working in the real estate industry in 1995. He holds an M.B.A from Yale University, and a B.Arch from the University of Notre Dame.
There are a lot of reasons why alternatives have a place in investment portfolios. How are current market conditions influencing private equity, private real estate, private credit, and other alternative assets?
In this episode, David Bodamer speaks with Patrick McGowan, Head of Alternative Investments and Manager Research at Sanctuary Wealth, on assessing private equity and private real estate opportunities in a rapidly evolving market. Patrick reveals how Sanctuary is assessing the alternatives space.
Patrick discusses:
- What alternative investments bring to wealth management client portfolios
- How he holds honest conversations with clients worried about the impact of recent financial events on the market, including for private real estate
- Where private equity lenders fit into capital markets given the problems facing banks
- Where do tax advantage structures fit when assessing real estate investment opportunities
- And more
Resources:
- Listen to the latest episodes of Common Area
Connect With Patrick McGowan:
- LinkedIn: Patrick McGowan
- Sanctuary Wealth
Connect With David Bodamer:
- david.bodamer@informa.com
- WealthManagement.com
- WMRE
- LinkedIn: David Bodamer
- LinkedIn: Informa
About Our Guest:
Patrick McGowan is a Managing Director and Head of Alternative Investments at Sanctuary Wealth. In this role, Mr. McGowan oversees a team responsible for all alternative investment matters including manager sourcing, due diligence, selection, and monitoring. He serves as a member of the Alternative Investment Committee.
Some real estate structures offer investors major tax benefits. Like-kind exchanges allow investors to roll capital gains from one real estate investment into a new one. DSTs allow 1031 exchangers to pool capital into a fund. Qualified Opportunity Zone funds allow investors to defer capital gains from any previous investments.
In this episode, David Bodamer speaks with Louis Rogers, founder and Co-CEO of Capital Square, tax-advantaged real estate. Louis outlines the different structures and where his firm sits within the marketplace.
Louis discusses:
- How 1031 exchange options evolved, including the creation of Delaware Statuary Trusts
- Which property types Louis is bullish on in the current climate
- How he advises investors and chooses the assets for the different structures Capital Square uses
- How real estate investments fit into estate planning
- And more
Resources:
- Listen to the latest episodes of Common Area
Connect With Louis Rogers:
- LinkedIn: Louis Rogers
- Capital Square
Connect With David Bodamer:
- david.bodamer@informa.com
- WealthManagement.com
- WMRE
- LinkedIn: David Bodamer
- LinkedIn: Informa
About Our Guest:
Louis J. Rogers is founder and co-chief executive officer of Capital Square, where he oversees the firm’s Delaware statutory trust (DST) programs for investors seeking qualifying replacement property for Section 1031 tax-deferred exchanges and regular (non-exchange) investors.
David Bodamer is joined by Xander Snyder, Senior Commercial Real Estate Economist at First American, in discussing economic trends impacting commercial real estate, such as demographics, fundraising, investment and lending.
Snyder monitors, analyzes and reports on economic data and surveys related to CRE, and develops models and forecasts to better understand the forces that influence commercial real estate markets. He also co-manages a small family office of real estate investments.
Xander discusses:
- What’s driving the pace of real estate investment sales volumes
- The latest trends on some of the major CRE property types
- What determines whether offices can be converted to other uses
- And more
Resources:
- Listen to the latest episodes of Common Area
Connect With Xander Snyder:
- First American
- LinkedIn: Xander Snyder
Connect With David Bodamer:
- david.bodamer@informa.com
- WealthManagement.com
- WMRE
- LinkedIn: David Bodamer
- LinkedIn: Informa
About Our Guest:
Xander Snyder is a real estate economist, investor and serial impact entrepreneur. Xander graduated with a degree in economics from Cornell and a masters degree in data science from Berkeley. He has a background in finance, banking, and global risk.
Commercial real estate has been a notorious laggard when it comes to adopting technology. But a surge of investment in proptech in recent years is helping to transform many business practices within the space. Fifth Wall is a major venture capital firm focused on the global real estate industry and property technology for the built … Continue reading WMRE Common Area: Outlining the Latest Proptech Investment Trends with Sarah Liu (Ep. 76) →
Due to intense competition, supply chain and labor challenges, the time it takes to build new logistics real estate properties across the country has lengthened. This is coming at a time when the national industrial vacancy rate is already at historic lows. In this episode, David Bodamer is joined by Newmark’s Lisa DeNight, National Industrial … Continue reading WMRE Common Area: Understanding Changes to the Industrial Development Timeline With Lisa DeNight and Kyle S. Roberts (Ep.75) →
After two years of employees working partly or fully remotely, offices are not seen as the necessities they once were. Most occupiers are wrestling with hybrid strategies, although a true consensus on the best model has still yet to emerge. In this episode, David Bodamer is joined by Julie Whelan, global head of occupier thought … Continue reading WMRE Common Area: The Latest Outlook on the Future of Offices with Julie Whelan (Ep.74) →
In this episode, David Bodamer is joined by William Maher, director of strategy and research at RCLCO Fund Advisors, ULI Washington member, and ULI Spring 2022 Real Estate Economic Forecast survey respondent. William shares insights into the recent forecast, how the picture has shifted somewhat since the report was compiled and what the rest of … Continue reading Episode 73: Reviewing the ULI Spring 2022 Real Estate Economic Forecast with William Maher →
In this episode, David Bodamer shares insights from the WMRE’s 2022 report on the investment and development climate for single-family rentals. He dives into what the current markets are like, what’s driven the creation and success of the market and what the survey results say about the outlook for the next 12 months. David discusses: … Continue reading Episode 72: The Rising Popularity of Single-Family Rental Investments →
After a record breaking fourth quarter in 2021, the momentum continued into the first quarter of 2022 with a 45 percent year-over-year increase in U.S. commercial real estate investment volume. What has influenced these numbers and what does the rest of the year look like? In this episode, David Bodamer is joined by Darin Mellott, … Continue reading Episode 71: A Look at the First Quarter Commercial Real Estate Investment Numbers with Darin Mellott →
High-net-worth investors and family offices have unique needs when it comes to the commercial real estate market. It’s a way of diversifying their portfolios and, unlike for other investors, it is sometimes a long-term play that plays a role in estate planning and generational wealth strategies. In this episode, David Bodamer is joined by Belinda … Continue reading Episode 70: What Family Offices Want from CRE Investments →
Accredited investors have more options for investing in commercial real estate than ever before. Public equities are one way, but private direct investments are another attractive option. In this episode, David Bodamer is joined by Ian Formigle, chief investment officer of CrowdStreet, to explore how accredited investors can access private real estate and to discuss … Continue reading Episode 69: Best Places to Invest in Real Estate in 2022 with Ian Formigle →
INREV, the European Association for Investors in Non-Listed Real Estate Vehicles, recently published its latest annual study exploring the aspirations for institutional investors into the real estate sector over the next two years. In this episode, David Bodamer is joined by Iryna Pylypchuk, director of research and market information at INREV. Iryna shares some of … Continue reading Episode 68: A Look at Institutional Investors’ Plans for CRE →
As we enter a new year, there is still a lot of uncertainty when it comes to the U.S. economy, the direction of interest rates and the COVID-19 pandemic. However, for the commercial real estate industry, the projections for 2022 continue to look quite positive. In this episode, host David Bodamer is joined by Dan Spiegel, … Continue reading Episode 67: What to Expect From CRE in 2022 →
In this episode, David Bodamer is joined by Eric Birnbaum, founder and CEO of Dreamscape Companies, a real estate investment firm specializing in acquiring and repositioning multifamily and hospitality properties. Eric shares his experience launching and building a new company during the pandemic, what kinds of deals they have pursued during the past two years … Continue reading Episode 66: Finding CRE Deals Amid Uncertainty with Eric Birnbaum →
It’s been almost one year since NREI announced a full rebrand to WMRE, a change that represented the status of the company within the WealthManagement.com portfolio. In this episode, David Bodamer discusses the brand change from NREI to WMRE, revealing why they chose to rebrand and how it’s changed how they cover the commercial real … Continue reading Episode 65: WMRE: Where It Started and How It’s Going →
As the world begins to reopen, more and more people are returning to work in person. With more people going back to the office, what can we expect in this post pandemic world? In this episode, David Bodamer is joined by David Smith from Cushman & Wakefield. David Smith discusses the latest report from Cushman … Continue reading Episode 64: What To Expect When Returning To The Office With David Smith →
After more than a year of uncertainty for businesses, being able to access and apply for mortgages and loans from home is more beneficial than ever. In this episode, David Bodamer is joined by Dan Gorczycki with True Rate Services. Dan discusses how modern technology changes how you can apply for and find a quote … Continue reading Episode 63: How To Get A Loan From Home With Dan Gorczycki →
Understanding the current situation for seniors housing affects everyone on different levels, whether you realize it or not. The seniors housing industry reflects how many other industries are doing, and is heavily affected by the state of the economy. In this episode, David Bodamer sits down with Beth Burnham Mace, chief economist and director of … Continue reading Episode 62: Breaking Down the Seniors Housing Industry for 2021 with Beth Burnham Mace →
During 2021, the importance of technology has become more apparent than ever. Understanding the technology industry can really help business professionals to not only make better decisions for their company, but also stay on top of advancements and new products. In this episode, David Bodamer speaks with Colin Yasukochi, executive director of CBRE Tech Insight … Continue reading Episode 61 – A Look Into the 2021 Scoring Tech Talent Report With Colin Yasukochi →
As e-commerce continues to change the way we live our day-to-day lives, there have been some major impacts in the world of transportation and distribution that could affect you in ways you have never considered. In this episode, David Bodamer is joined by Chad Buch and George Cutro, JLL researchers, as they discuss areas within … Continue reading Episode 60: The Changing World of Distribution with Chad Buch and George Cutro →
Investing in REITs can help diversify an investor’s portfolio, which can decrease overall portfolio risk. In this episode, David Bodamer is joined by Abby McCarthy, senior vice president of investment affairs with Nareit, as they talk about what financial advisors should know about investing in REITs. Abby discusses: The common misconceptions and big questions financial … Continue reading Episode 59 – What Financial Advisors Should Know About REITs? With Abby McCarthy →
In this episode, David Bodamer is joined by Randy Blankstein, president of The Boulder Group, a boutique investment real estate service firm specializing in single tenant net lease properties. David and Randy discuss everything from the effects of COVID on the industry to the potential change in how 1031 exchanges will be taxed and what … Continue reading Episode 58 – Net Lease Investing: What’s Trending? –– With Randy Blankstein →
With the rollout of vaccines and the end of lockdown orders in several states, the economy is beginning to recover – which means new opportunities for institutional investors. In this episode, David Bodamer is joined by Dori Nolan, senior vice president of National Client Services at Berkadia to talk about a recent merger that led … Continue reading Episode 57 – Institutional Investments: Current Updates & Future Growth Potential –– With Dori Nolan →
In this episode, David Bodamer speaks with William Hill, vice-chairman of Federal Investor Services Group with Newmark in Washington D.C. David and William (Bill) discuss how the government as a tenant fared during the pandemic for investors in the commercial real estate market. You will learn: The role Newmark plays in the commercial real estate … Continue reading Episode 56 – The Government as a Tenant –– with William Hill →
In this episode, David Bodamer is joined by Carlos Rodriguez, CEO of Driftwood Capital, an umbrella company with three new funds for investors in the hotel sector. They take care of everything from development, to acquisitions and even preferred equity. The pandemic has been particularly hard on the hotel industry, so what does that mean … Continue reading Episode 55 – The Time Is Now For Investing in Hotels –– With Carlos Rodriguez →
In this episode, David Bodamer discusses the results of Juniper Squares 2021 CRE Capital Raising Survey with Brandon Sedloff, the founding senior vice president of sales. Juniper Square is transforming the private funds industry with easy-to-use software and solutions that streamline fundraising, investment operations and investor reporting. You will learn: How Juniper Square is bringing … Continue reading Episode 54: Results of the 2021 CRE Capital Raising Survey –– With Brandon Sedloff →
In this episode, David Bodamer speaks with Mark Rose, the CEO and chairman of Avison Young, a full-service commercial real estate company. Together, they discuss how this last year has provided the opportunity for not only Avison Young, but for the real estate industry as a whole to grow faster and further than ever before. … Continue reading Episode 53: Why the Opportunities in Real Estate Are Endless –– With Mark Rose →
In this episode, David Bodamer has an in-depth conversation with Melinda McLaughlin, the vice-president of research at Prologis, about how automation and the COVID-19 pandemic have impacted the global logistics chain. You will learn: What opportunities are available to someone who’s interested in investing in the logistics space How the pandemic has brought awareness to … Continue reading Episode 52: Logistics is Location! Location! Location! –– With Melinda McLaughlin →
In this episode, David Bodamer is joined by Tom Lagos, an executive director with Institutional Property Advisors, an arm of Marcus & Millichap Real Estate Investment Services. Tom has spent the last 27 years as a transactional broker, specializing in the area of shopping centers. Tom talks about how slow and dismal 2020 was for … Continue reading Episode 51: Enduring the Waiting Game: 2020 Retail Through the Eyes of a Transactional Broker –– With Tom Lagos →
In this episode of Common Area Podcast, David Bodamer is joined by David Howard, the executive director at National Rental Home Council (NRHC), to discuss how the single family rental housing market is faring in early 2021. Together, David and David discuss all the facets of single family rental housing, from who is investing in … Continue reading Episode 50: Why Single Family Rental Housing is Currently on the Rise –– With David Howard →
In this episode of Common Area, David Bodamer talks to Sam Isaacson, president of Walker & Dunlop Investment Partners (WDIP) about the opportunities the firm sees in assets worth less than $100 million across most property types. WDIP is commercial real estate investment firm now comprised of 31 investment professionals who manage approximately $1.2 billion. … Continue reading Episode 49: The Middle Market CRE Investment Opportunity – – With Sam Isaacson →
In this episode of Common Area Podcast, David Bodamer talks with Matt Pestronk, president and co-founder of Post Brothers: an industry leading multi-family development company that focuses on Class “A” apartment buildings in Philadelphia. The two discuss ground-level insights into the multi-family sector, how it has fared throughout 2020, and what can be expected in … Continue reading Episode 48: Reasons Why Cities Survive Pandemics –– With Matt Pestronk →
In this episode of Common Area Podcast, David Bodamer is joined by Beth Burnham Mace, the chief economist and director of capital markets outreach at the National Investment Center for Senior Housing and Care (NIC): A non-profit organization that provides options and support for senior housing and care by bringing capital into the industry. In … Continue reading Episode 47 – 2020’s Lessons Learned in Senior Housing –– With Beth Burnham Mace →
In this episode of Common Area Podcast, David Bodamer discusses the recent report published by CBRE, CBRE Market Outlook 2021, with the CBRE’s Chief Global Economist and Head of America’s Research, Richard Barkham. In this episode, you will learn: What real estate’s recovery looks like for 2021 How much the outcome of the presidential election … Continue reading Episode 46: Highlights From CBRE’s Market Outlook 2021 –– With Richard Barkham →
In this episode of Common Area Podcast, David Bodamer is joined by David Duncan, the president and CEO of First Hospitality: a company that not only strives to provide the very best for their guests but their employees as well. Together, they discuss how the hospitality industry is staying afloat in the midst of a … Continue reading Episode 45 – A Shelter in the Storm: How the Hospitality Industry Is Enduring 2020 →
In this episode of Common Area Podcast, David Bodamer is joined by Joe Brady, the CEO of the Americas for The Instant Group. David and Joe discuss whether workers in the knowledge economy will ever make a full return to the office, the rise of suburban flexible office spaces, and how corporate real estate leaders … Continue reading Episode 44: Is the Office Dead? →
In this episode of Common Area Podcast, David Bodamer talks to Brian Ward, CEO of Trimont Real Estate Advisors, about how COVID-19 has disrupted the commercial real estate (CRE) industry in 2020. They also discuss what opportunities have opened up for leaders, despite the pandemic’s unfortunate impact on several key sectors. In this episode, you … Continue reading Episode 43: A Window of Opportunity For Great Leadership During COVID-19 →
In this episode of Common Area Podcast, David Bodamer is joined by Colin Yasukochi, the executive director of CBRE Tech Insight Center, and Lexi Russell, the director of research and analysis at CBRE. Today, they cover the highlights from CBRE’s Scoring Tech Talent Report, discussing what impact tech talent is having on the real estate … Continue reading Episode 42 – Highlights from the CBRE 2020 Scoring Tech Talent Report –– With Colin Yasukochi and Lexi Russell →
In this episode of Common Area Podcast, David Bodamer has a timely conversation with Wendy Mann, CEO of CREW (Commercial Real Estate Women) Network. Wendy shares how for over 30 years, CREW has been working with women from all walks of life to help them have successful and meaningful careers in commercial real estate. In … Continue reading Episode 41: Efforts to Achieve Gender Parity in the CRE Industry Are Far From Complete –– With Wendy Mann →
In this episode of Common Area Podcast, David Bodamer shares highlights from the CBRE’s midyear market report, including many of the topics from the articles within the NREI 2020 Midyear Update. In this episode, you will learn: The highest in-demand CRE space for 2020 How mall landlords will utilize the vacant space left by stores … Continue reading Episode 40 – 2020 Midyear Outlook →
In this episode of Common Area Podcast, David Bodamer speaks with Lou Conforti, CEO of Washington Prime Group (WPG). WPG is a retail REIT and a recognized leader in the ownership, management, acquisition, and development of retail properties. Lou talks about what he and the WPG team are doing to help their tenants continue operating … Continue reading Episode 39: How Malls Are Being Used for More Than Just Shopping →
In this episode of Common Area Podcast, David Bodamer is joined by IREM President Cheryl Gray. They examine how the commercial real estate industry has been having conversations about underrepresented groups for some time now, but in today’s atmosphere, people want to stop talking and start doing. In this episode, you will learn: How the … Continue reading Episode 38: Real Estate Management and Diversity →
In this episode of Common Area Podcast, David Bodamer is joined by Chris Caton, the senior vice president of global strategy and analytics at Prologis. They discuss how the world’s logistical supply chain of the essential industries has outperformed during this lockdown period and where logistics real estate is heading for the foreseeable future. In … Continue reading Episode 37: Trends in Logistics Real Estate During COVID-19 →
In this episode of Common Area Podcast, David Bodamer talks to Adam Gower, the founder of Gowercrowd, a crowdfunding resource for real estate developers. Together, they discuss why it’s time for investors to consider distressed real estate, examples of adaptive reuse on commercial properties, and other ways that COVID-19 is shaking up commercial real estate. … Continue reading Episode 36: How COVID-19 is Changing the Real Estate Landscape →
In this episode of Common Area Podcast, David Bodamer speaks with Kevin Wayer, CEO of brokerage firm JLL’s Public Sector and Higher Education group. In this episode, you will learn: How JLL finds efficiencies with managing properties and facilities, such as universities Whether it takes a certain type of real estate investor to invest in … Continue reading Episode 35: How the Education Sector is Coping With COVID-19 →
In this episode of Common Area Podcast, David Bodamer is recording safely from his Brooklyn home, as his guest, Bob Atkins of Atkins Companies, dials in from New Jersey. Bob is here to discuss how the medical office space is holding up during this crisis and how he sees it emerging once the pandemic is … Continue reading Episode 34: Diagnosing the Medical Office Space During COVID-19 →
In this episode of Common Area Podcast, David Bodamer is recording safely from his home and has a guest on the line: Charles Krawitz, vice president and head of commercial lending at Alliant Credit Union. Charles is here to discuss how the lockdown is affecting commercial borrowers. In this episode, you will learn: What (if … Continue reading Episode 33: The Status of Commercial Lending and Borrowing During COVID-19 →
In this episode of Common Area Podcast, David Bodamer speaks with Adam Hooper, the founder and CEO of RealCrowd. RealCrowd is a digital marketplace for real estate managers that are looking to raise capital from accredited investors. Together, they discuss the impact that COVID-19 is having on commercial real estate –– an industry that was … Continue reading Episode 32 – COVID-19’s Impact on the Commercial Real Estate Market →
In this episode of Common Area Podcast, David Bodamer is recording safely from home to bring you updates on how the real estate industry is responding to the COVID-19 situation, who is thriving, and who is struggling. In this episode, you will learn: Which sectors of the market are struggling and which ones are in … Continue reading NREI Common Area – Episode 31 COVID-19 Update: Some REITs are Getting Hammered, Others are Well In-Demand →
In this episode of Common Area Podcast, David Bodamer interviews Calvin Schnure, Nareit’s senior vice president of research and economic analysis, about the various REIT markets, how they finished in 2019, and where he predicts they are headed for 2020. In this episode, you will learn: Which REIT sector finished the strongest in 2019 How … Continue reading NREI Common Area – Episode 30 – Will the REIT Markets Hold Strong in 2020? →
In this episode of Common Area Podcast, David Bodamer speaks with Adam Schwartz, the senior managing director at Walker & Dunlop, about Walker & Dunlop’s recent acquisition of AKS Capital Partners, a New York City-based capital markets advisory shop. Adam and his three partners had only begun AKS Capital Partners in the summer of 2019, … Continue reading NREI Common Area – Episode 29 – AKS Capital Partners Acquired by Walker & Dunlop →
In this episode of Common Area Podcast, David Bodamer discusses the recent mega-merger between Simon Property Group and Taubman Centers. David explores the early days of the retail mall industry, which began with these two retail real-estate giants, to uncover what finally brought these two rivals together. In this episode, you will learn: What events … Continue reading NREI Common Area – Episode 28 – Mega-Merger: Simon Property Group to Buy Taubman Centers →
In this episode of Common Area Podcast, David Bodamer discusses how grocery stores are evolving to meet consumers’ ever-changing shopping habits, why consolidation is inevitable, and how these changes will impact shopping center landlords. In this episode, you will learn: How grocery chains are evolving to accommodate changes in consumer habits Why smaller stores are … Continue reading NREI Common Area – Episode 27: How the Grocer Consolidation Will Impact Shopping Center Landlords →
In this episode of Common Area Podcast, David Bodamer shares results from NREI’s new survey, which gauges how the CRE industry views President Donald Trump on the heels of impeachment. And to keep this all in context — the respondents commented on events that took place at the end of 2019, not the president’s most … Continue reading NREI Common Area – Episode 26: What Does the CRE Industry Think About Trump’s Performance? →
In the final episode of Common Area Podcast for 2019, David Bodamer recaps the commercial real estate industry’s biggest stories of the year. Get ready for an episode that’s full of notable and newsworthy 2019 topics, like the implosion of WeWork and the shakeout in the retail space caused by the shift to direct-to-consumer sales. … Continue reading NREI Common Area – Episode 25: Industries Top Stories for CRE of 2019 →
In this episode of Common Area Podcast, David Bodamer talks about his trip to Toronto, Canada, where he attended the Global Property Market Conference and the Annual Toronto Real Estate Forum. David discusses what he learned about Canadian commercial real estate trends and how the status of the U.S. economy and commercial real estate market … Continue reading NREI Common Area – Episode 24 – A View From the North: Takeaways from the Global Property Market Conference and the Annual Toronto Real Estate Forum →
In this episode of Common Area Podcast, David Bodamer uncovers the findings from their annual research into the retail sector. Retail has had quite a year with chains closing or restructuring under bankruptcy. Will there finally be light at the end of the tunnel for this struggling sector? You’re about to find out. In this … Continue reading NREI Common Area – Episode 23 – NREI Research Series: Light at the End of the Tunnel for the Retail Sector →
In this episode of Common Area Podcast, David Bodamer serves up one hot story that focuses on McDonald’s. Whenever you see its famous golden arches, you probably recognize this ubiquitous restaurant right away. You might also know that McDonald’s is more of a real estate company than they are a fast-food restaurant. But why is … Continue reading NREI Common Area – Episode 22 – Will McDonald’s Grill up a New Real Estate Strategy? →
In this episode of Common Area Podcast, David Bodamer talks about the news that made headlines this week, including the latest update on Sears, recent research from Hodes Weill, and a Cornell University report showing a rise in target allocations. David also shares news from the Boston area on the lab space market, and whether … Continue reading NREI Common Area – Episode 21 – Hot Stories of the Week: October 25, 2019 →
In this episode of Common Area Podcast, David Bodamer discusses Nestpick’s list of the world’s best cities for Generation Z, what RCA’s research is showing for the slowdown of CRE acquisitions by foreign investors, and lastly what questions California’s new rent control law is posing for multifamily investors. In this episode, you will learn: Which … Continue reading NREI Common Area – Episode 20 – Hot Stories of the Week: October 18, 2019 →
In this episode of Common Area Podcast, David Bodamer talks about the big news that hit the shopping sector this week: Bed Bath & Beyond is upping the number of stores it expects to close. As well, you’ll get the latest scoop on CRE investors’ growing interest in casino hotels and investors’ steady attraction to … Continue reading NREI Common Area – Episode 19 – Hot Stories of the Week: October 11, 2019 →
In this episode of Common Area Podcast, David Bodamer shares highlights from new NREI exclusive research that examines the evolving hospitality sector. As well, he discusses the record-setting surge in investments in real estate tech companies and what is on the horizon for Austin’s CRE market. In this episode, you will learn: How the rise … Continue reading NREI Common Area – Episode 18 – Hot Stories of the Week: October 4, 2019 →
In this episode of Common Area Podcast, David Bodamer shares highlights from the current NREI exclusive research series that unveils trends in brokerage firms. As well, he brings you updates on how foreign investors are emerging in the multifamily sector, what industrial investors are doing to the national cap rate, and new opportunities that are … Continue reading NREI Common Area – Episode 17 – Hot Stories of the Week: September 27, 2019 →
In this episode of Common Area Podcast, David Bodamer and co-host Aric Johnson discuss updates from the stories that we’ve been following for the last few weeks. Get the latest news about the Feds cutting interest rates, WeWork postponing their IPO, and online stores moving to brick-and-mortar spaces. In this episode, you will learn: How … Continue reading NREI Common Area – Episode 16 – Hot Stories of the Week: September 20, 2019 →
In this episode of Common Area Podcast, David Bodamer and co-host Aric Johnson discuss highlights from the top stories of this past week. Find out the key takeaways from the NIC Fall 2019 Conference, the latest buzz on WeWork’s IPO, an update on 2019 YTD investment sales figures, and how rising construction costs are disrupting … Continue reading NREI Common Area – Episode 15 – Hot Stories of the Week: September 13, 2019 →
In this episode of Common Area Podcast, David Bodamer and co-host Aric Johnson discuss top stories affecting the affordable and senior housing sector and they uncover the results from a study focused on female buying power, “Rise of the SHEconomy.” Highlights include investment opportunities near big schools, the latest on affordable and smaller housing markets, … Continue reading NREI Common Area – Episode 14 – Hot Stories of the Week: September 6, 2019 →
Today, co-host Aric Johnson asks David Bodamer the question we all want an answer to but are afraid to ask: Why did we change the name of this podcast from Weekender to Common Area? After David shares the answer, they go on to discuss the data from NREI’s latest research study on the seniors housing … Continue reading NREI Common Area Episode 13 – NREI Research Series: Seniors Housing Market Study, August 30, 2019 →
In this episode of the Weekender podcast, David Bodamer and co-host Aric Johnson discuss top stories centering around the finance and investment side of the industry. Highlights include what the inverted yield curve might mean for investors, highlights from an interview with RCA’s Jim Costello, life insurance companies looking to increase their CRE lending portfolios … Continue reading NREI Weekender – Episode 12 – Hot Stories of the Week: August 23, 2019 →
In this episode of the NREI Weekender Podcast, by Informa, NREIOnline.com, David Bodamer highlights the hot stories of the week. David and co-host Aric Johnson discuss top stories around the correlation between the macro-economic backdrop of the Fed dropping rates and the real estate industry, including office vacancy rates, the state of regional malls, why … Continue reading NREI Weekender – Episode 11 – Hot Stories of the Week: August 16, 2019 →
In this episode of the NREI Weekender Podcast, by Informa, NREIOnline.com, David Bodamer highlights the hot stories of the week. David and co-host Aric Johnson discuss top stories around the retail market, from mega-malls to old favorites like Barneys New York and dollar stores. In this episode, you will learn: Is the American Dream mega-mall … Continue reading NREI Weekender – Episode 10 – Hot Stories of the Week: August 9, 2019 →
In this episode of the NREI Weekender Podcast, by Informa, NREIOnline.com, David Bodamer highlights the hot stories of the week. David and co-host Aric Johnson talk about the trends happening in the multi-family sector, retail sector loans, and an update on the “hot” self-storage sector. In this episode, you will learn: How labor shortage is … Continue reading NREI Weekender – Episode 9 – Hot Stories of the Week: August 2, 2019 →
In this episode of the NREI Weekender Podcast, by Informa, NREIOnline.com, David Bodamer highlights the hot stories of the week. David and co-host Aric Johnson talk about the valuation of WeWork, the pros and cons of Prologis’s Clear Lease structure, apparel stores lending clothes to gain business, and more competitive terms on “green” and “affordable” … Continue reading NREI Weekender – Episode 8 – Hot Stories of the Week: July 27, 2019 →
In this episode of the NREI Weekender Podcast, by Informa, NREIOnline.com, David Bodamer highlights the hot stories of the week. David and co-host Matt Halloran talk about food halls, the use of emerging technology to boost the retail market, recent data around cap rates for multifamily dwellings, and high-profile hotels and big portfolios. In this … Continue reading NREI Weekender – Episode 7 – Hot Stories of the Week: July 20, 2019 →
Today, David Bodamer and co-host Aric Johnson continue with the NREI Research Series by reviewing NREI’s 4th annual REITs study. In this episode, you will learn: The major takeaways from this year’s research Which categories are on respondents’ buy and sell lists The status of REIT balance sheets What kind of predictions the study … Continue reading NREI Weekender Episode 6 – NREI Research Series: Annual REITs Study Review, July 13, 2019 →
In this episode of the NREI Weekender Podcast, by Informa, NREIOnline.com, David Bodamer and co-host Aric Johnson introduce the NREI Research Series and take a close look at the multi-family sector. In this episode, you will learn: That multi-family is the strongest real estate sector and is a very stable investment What’s happening with CAP … Continue reading NREI Weekender – Episode 5 – NREI Research Series: The Multi-family Sector, June 29, 2019 →
In this episode of the NREI Weekender Podcast, by Informa, NREIOnline.com, David Bodamer is joined by special guest, Nicole LaRusso, CBRE’s director of research and analysis, to talk about Manhattan retail. In this episode, you will learn: About the significant shifts that have affected retail, from rent prices to consumer habits How storefront healthcare is … Continue reading NREI Weekender – Episode 4 – The Changing Environment in Manhattan Retail: June 22, 2019 →
In this episode of the NREI Weekender Podcast, by Informa, NREIOnline.com, David Bodamer highlights the hot stories of this past week. With a common theme this week: “sharing spaces,” David and co-host, Aric Johnson, talk about roommates, businesses, employees, and the levels to which they are all trying to combat the rising costs in rent. … Continue reading NREI Weekender – Episode 3 – Hot stories of the Week: June 15, 2019 →
In this episode of the NREI Weekender Podcast, by Informa, NREIOnline.com, David Bodamer highlights the hot stories of this past week. They cover topics ranging from the two property types that are now in demand by HNW investors, to the dwindling optimism in the self-storage sector. In this episode, you will learn: Which two property … Continue reading NREI Weekender – Episode 2 – Hot stories of the Week: June 9, 2019 →
In this inaugural episode of the NREI Weekender Podcast, by Informa, NREIOnline.com, David Bodamer and Aric Johnson highlight the hot stories of this past week. They cover topics ranging from private equity fund managers fighting to keep their investors happy, to millennials struggling with higher rent costs. In this episode, you will learn: Why private … Continue reading Episode 1 – Hot stories of the Week: Challenges Ahead for Fund Managers and Millennials Struggle With Rising Rents →