Real Angle: Building Success in Commercial Real Estate

C-PACE Financing, Laura Rapaport @ North Bridge

In this interview, I spoke with Laura Rapaport, CEO of North Bridge (www.northbridgeops.com). Her company provides C-PACE financing ("Commercial Property Assessed Clean Energy"). C-PACE is a financial tool for property owners to obtain low-cost, long-term financing for energy-efficient equipment, renewable energy, water conservation, resiliency, and indoor air quality projects. It can provide up to 100% funding of total project costs by placing a special voluntary assessment on the property that repays the costs of the upgrades, including equipment, labor, and soft costs.
 
We discuss the state of the C PACE market, its growth path, and its use in today's credit-constrained market as "rescue capital." We also talk about the patchwork of regulation regarding C PACE and how it's not so simple as having a State pass a law that authorizes its use.
---This podcast is sponsored by Kahr Real Estate Services (https://www.kahrrealestate.com/), a leading provider of in-person and online financial training for the commercial real estate industry.
Sign up for our live Excel modeling training class here: https://www.kahrrealestate.com/product/excel-for-real-estate-analysis/
Sign up for our self-paced Case Study course here: https://kahrrealestate.thinkific.com/courses/kahr's-challenge-cases

Large Scale Apartment Development, Joseph Ouellette​ @ Standard Communities

In this interview, I spoke with Joseph Ouellette​, COO of Standard Communities (www.standard-communities.com). His company is a major developer and investor in LIHTC ("low income housing tax credit") properties and workforce housing in approximately 20 markets throughout the United States.
 
We discuss what it's like to manage organizational growth vs. being a "deal maker", what makes an investment work for them, and how COVID and government intervention affected overall delinquency rates.
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This podcast is sponsored by Kahr Real Estate Services (https://www.kahrrealestate.com/), a leading provider of in-person and online financial training for the commercial real estate industry.
Sign up for our live Excel modeling training class here: https://www.kahrrealestate.com/product/excel-for-real-estate-analysis/
Sign up for our self-paced Case Study course here: https://kahrrealestate.thinkific.com/courses/kahr's-challenge-cases
 

Rebuilding Detroit, Josh Fuhrer @ Bedrock Detroit

In this interview, we speak with Josh Fuhrer, VP of Development at Bedrock Detroit (www.bedrockdetroit.com). His company is working on what is arguably the largest-scale private sector development currently underway. We discuss the resurgence of the City of Detroit, his company's role as an engine of economic development, and the impressive scale of their projects.
We also talk about the overall real estate cycle and whether or not they're actually affected by it. The topic of planning for future generations is also discussed.
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This podcast is sponsored by Kahr Real Estate Services (https://www.kahrrealestate.com/), a leading provider of in-person and online financial training for the commercial real estate industry.
Sign up for our live Excel modeling training class here: https://www.kahrrealestate.com/product/excel-for-real-estate-analysis/
Sign up for our self-paced Case Study course here: https://kahrrealestate.thinkific.com/courses/kahr's-challenge-cases
 

Automating the Underwriting Process, Parag Goswami @ Clik.ai

In this interview with Parag Goswami, CEO of clik.ai (www.clik.ai), we discuss AI-assisted real estate underwriting and the future of AI and machine learning in commercial real estate in general. 
We also talk about the overall real estate cycle and whether the health of the industry overall affects the health of "proptech". We also discuss how the funding for proptech ventures is often different from other tech/software companies. 
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This podcast is sponsored by Kahr Real Estate Services (https://www.kahrrealestate.com/), a leading provider of in-person and online financial training for the commercial real estate industry.
Sign up for our live Excel modeling training class here: https://www.kahrrealestate.com/product/excel-for-real-estate-analysis/
Sign up for our self-paced Case Study course here: https://kahrrealestate.thinkific.com/courses/kahr's-challenge-cases
 

Launching a Co-GP Fund, Min Suh @ Steady Capital

In this interview with Min Suh, Managing Partner at Steady Capital (steady-cap.com), we discuss co-GP funds vs. "friendly equity", the evolution of the capital stack in today's market, and what it's like to raise capital for a first-time fund. We also reflect on whether or not we're about to experience an epic level of debt defaults. Good times.
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This podcast is sponsored by Kahr Real Estate Services (https://www.kahrrealestate.com/), a leading provider of in-person and online financial training for the commercial real estate industry.
Sign up for our live Excel modeling training class here: https://www.kahrrealestate.com/product/excel-for-real-estate-analysis/
Sign up for our self-paced Case Study course here: https://kahrrealestate.thinkific.com/courses/kahr's-challenge-cases
 
 

Online CRE Underwriting, Steve Surridge @ Forbury

In this interview with Steve Surridge, CEO of Forbury, we discuss the technology landscape for real estate investment analysis software, growing into international markets, and how their products expand the usefulness of Excel in analyzing commercial real estate.
 
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This podcast is sponsored by Kahr Real Estate Services (https://www.kahrrealestate.com/), a leading provider of in-person and online financial training for the commercial real estate industry.
Sign up for our live Excel modeling training class here: https://www.kahrrealestate.com/product/excel-for-real-estate-analysis/
Sign up for our self-paced Case Study course here: https://kahrrealestate.thinkific.com/courses/kahr's-challenge-cases/
 

Real Estate Development with Not-For-Profit Partners, Brandon Gibson @ The Steinbridge Group

Welcome to Real Angle. I'm Joshua Kahr, and in this episode, I interview Brandon Gibson, Managing Director at Steinbridge. 
I think you'll find this to be a very engaging interview. We discuss real estate development, working with not-for-profits, and unlocking hidden value in underutilized land.
 
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This podcast is sponsored by Kahr Real Estate Services (https://www.kahrrealestate.com/), a leading provider of in-person and online financial training for the commercial real estate industry.
Sign up for our live Excel modeling training class here: https://www.kahrrealestate.com/product/excel-for-real-estate-analysis/
Sign up for our self-paced Case Study course here: https://kahrrealestate.thinkific.com/courses/kahr's-challenge-cases