Joshua Kahr - Podcast Details

Shows

Get Authentic with Marques OgdenCreate Your Authentic Strategy to Succeed in Life, with Entrepreneurs Jason and Josh Mandel!Jason and Josh Mandel, successful entrepreneurs and strategists, share their expertise on creating authentic strategies to achieve life’s goals. By focusing on authenticity, passion, and perseverance, they reveal how to develop a plan tailored to your unique strengths and vision. This episode is packed with actionable advice for anyone ready to craft a personal roadmap to success while staying true to who they are.https://www.linkedin.com/in/joshua-kahr-7774511?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=ios_appReady to elevate your mindset with a touch of innovation? Co...2025-01-1427 min

The Best Ever CRE ShowJF3710: Buying Distressed Assets, Local Investing, and Building a Value-Add Portfolio in New Jersey ft. Joshua KahrJoshua Kahr shares insights from his extensive experience in commercial real estate, particularly in multifamily investments. He discusses his current focus on value-add deals, the importance of understanding market cycles, and the challenges of staffing in the current labor market. Joshua emphasizes the opportunities available in mismanaged assets and the lessons learned from past market disruptions, including the impact of COVID-19. He concludes with thoughts on the future of real estate investing and how to connect with him. Sponsors: Altra Running 2024-10-3122 min

Deep Dive PodcastJoshua Kahr, Michael Thomsett - Real Estate Market Valuation and Analysis 2024-10-0907 min

Real Angle: Building Success in Commercial Real EstatePortfolio Management, Ali Haidar, SVP Portfolio Management @ GICIn this conversation, Joshua Kahr discusses portfolio management and the role of GIC as a Singaporean sovereign wealth fund with Ali Haidar, Senior VP of Portfolio Management. He emphasizes the importance of long-term investing, diversification, and maintaining price discipline. Haidar also highlights the need for data ingestion and structuring to ensure the quality of information for decision-making. He discusses the partnership between GIC and its operating partners, the tools used for portfolio management and data analysis, and the challenges of navigating uncertainty and surprises in the investment landscape. Keywords portfolio management, GIC, sovereign wealth fund, long-term investing...2024-10-0833 min

Real Angle: Building Success in Commercial Real EstateResidential Land Development, Jackson Stith @ Maverick CapitalJackson Stith, principal at Maverick Capital, discusses land development in the Rio Grande Valley. The region is experiencing population growth and economic development, making it an attractive market for real estate. Maverick Capital focuses on land development projects, primarily in the form of multi-family housing. They conduct extensive due diligence before acquiring land and then proceed with site planning, utility installation, and establishing the necessary legal frameworks. Stith emphasizes the importance of understanding the local market and catering to the specific needs and preferences of the residents. He also discusses the potential for amenities to enhance the value proposition...2024-10-0135 min

Real Angle: Building Success in Commercial Real EstateMedical Office Investing, Joseph Caltabiano @ Healing Realty TrustIn this episode, Josh discusses medical office investing with Joseph Caltabiano, founder and CEO of Healing Realty Trust. HRT is a REIT that acquires medical office buildings and adds psychedelic-assisted therapy clinics as vacancies arise. Remote work has not disrupted medical office buildings and continues performing well. The REIT structure provides transparency and aligns the interests of the operating side and investors. The value-added strategy involves expanding the infrastructure for psychedelic-assisted therapy, which is a growing and evolving field. The company targets properties in suburban areas near hospitals and focuses on stable revenue streams from long-term therapy. Their long-term...2024-09-2427 min

Real Angle: Building Success in Commercial Real EstateFractionalization of Home Ownership, Frank Rohde @ OwnifyFrank Rohde, Founder and CEO of Ownify, explains a unique alternative to rent-to-own structures. Ownify is an alternative to traditional mortgages for first-time home buyers. It allows buyers to purchase homes and build equity without incurring debt. The homes are fractionalized into 10,000 bricks, which are membership interests in an LLC that holds title to the home. Buyers contribute a 2% down payment, while Onify contributes 98% of the bricks. Over a five-year program, buyers pay rent and gradually buy more bricks, eventually reaching 10% ownership. At the end of the program, buyers can use their equity to obtain a traditional mortgage and...2024-09-1730 min

Real Angle: Building Success in Commercial Real EstateThe Rise of Modular Construction, Roger Krulak @ Fullstack ModularRoger Krulak, founder and president of Fullstack Modular, discusses modular construction and its benefits. Fullstack Modular is a fully volumetric design manufacturer system for mid to high-rise buildings. They have built the tallest modular building in the world, hotels, affordable housing, and student housing. They have factories in Connecticut and Portland, allowing them to serve both the East Coast and West Coast. Modular construction offers faster construction, less neighborhood disruption, and cost savings through economies of scale. Fullstack Modular aims to be part of the development team and drive the product through the factory to level out the volatility...2024-09-0326 min

Real Angle: Building Success in Commercial Real EstateThe Surprising Strength of Post-Pandemic Brick-and-Mortar Retail, Michael Berne @ MJB ConsultingIn this conversation, Joshua Kahr speaks with Michael Berne of MJB Consulting about the state of the retail market and trends. They discuss the role of MJB Consulting in helping clients understand the realistic retail expectations for their projects. They also explore the influence of retail on site planning and space planning and the importance of understanding psychographics in retail. They touch on the impact of the pandemic on retail and the resilience of brick-and-mortar stores. Finally, they discuss the future trends in retail, including the growth of experiential retail and the success of off-price retailers. www...2024-08-2733 min

Real Angle: Building Success in Commercial Real EstateMobile Home Investing, Sam Hales @ SG CommunitiesIn this conversation, Joshua Kahr speaks with Sam Hales of SG Communities about mobile home parks and manufactured communities. They discuss the reasons why Sam got into mobile home parks, the challenges of finding product, the lack of new park development, and the perception problem associated with mobile home parks. They also touch on the financing and investor relations aspects of the business. Sam mentions that they are currently considering the future direction of Saratoga Group, whether to continue with syndication or explore other options. Sam Hales, CEO of Saratoga Group, discusses the mobile home park industry and the...2024-08-2033 min

Real Angle: Building Success in Commercial Real EstateState of the Real Estate Accounting Industry, Howard Altshuler @ WeaverIn this conversation, Joshua Kahr and Howard Altshuler discuss the state of the accounting industry and the Fort Worth real estate market. They explore the growth and opportunities in the Fort Worth area, the impact of the pandemic on the office market, and the strategic growth of accounting firms through acquisitions and private equity investments. The conversation covers various topics related to the accounting profession, including talent acquisition, education requirements, the impact of AI, and the culture of accounting firms. Howard Altshuler shares insights on the challenges and opportunities in the accounting industry, as well as the importance of...2024-08-0639 min

Real Angle: Building Success in Commercial Real EstateMulti-tenant Flex Industrial Investing, Grant Reaves @ Stoic Equity PartnersGrant Reaves, Managing Director and Co-Founder of Stoic Equity Partners, discusses the industrial real estate market. Stoic primarily invests in multi-tenant flex industrial properties in the Southeast region of the United States. They focus on secondary markets that offer in-place yield and potential for rent growth. The demand for flex industrial space is high, with a variety of tenants including home services businesses, pharmaceutical companies, general contractors, and more. Stoic follows a value-add strategy, acquiring properties with varying degrees of stabilization and pushing rents to increase returns. They have recently launched a fund to raise equity for their acquisitions...2024-07-3132 min

Real Angle: Building Success in Commercial Real EstateHigh Leverage Balance Sheet Lending, Maxwell Wu @ Fulcrum LendingIn this conversation, Joshua Kahr speaks with Maxwell Wu, CEO of Fulcrum Lending, about their lending business in the multifamily space. They discuss Fulcrum's high-leverage lending approach, their transition from being a correspondent for Freddie and Fannie to a balance sheet lender, and the importance of technology in their operations. They also touch on the current market dynamics, the future of gap financing, and Fulcrum's growth plans. Keywords multifamily lending, high leverage lending, balance sheet lender, technology, market dynamics, gap financing, growth plans Takeaways Fulcrum Lending is a high leverage lender...2024-07-1736 min

Real Angle: Building Success in Commercial Real EstateExploring Land Development in Texas, Alexander Vitenas @ Land Based StrategiesIn this conversation, Josh Kahr speaks with Alex Vitenas about land development. They discuss the process of land development in Texas, including tax foreclosures and auctions. Alex shares his experience in purchasing distressed assets and flipping properties. He also talks about his funding strategies and the importance of finding the right deals. Alex highlights the success he has had with subdividing land and selling the parcels individually. Alexander Vitenas discusses his strategy of utilizing leverage to acquire properties and pay off debt quickly. He shares his approach of accumulating cash and then using leverage to do acquisitions. He also t...2024-07-0938 min

Real Angle: Building Success in Commercial Real EstateBuilding a Vertically Integrated Real Estate Company in New Orleans, Michael Merideth @ VPG EnterpriseMichael Merideth, CEO of VPG Enterprise, discusses his journey with Joshua Kahr in real estate and the growth of his company. VPG Enterprise is a vertically integrated real estate company based in New Orleans, specializing in affordable housing. Michael started investing in small rental properties in 2011 and has since grown the company to include institutional and affordable housing developments. The company has also expanded geographically, working on federal projects in Miami, Texas, Arkansas, and Oklahoma. Michael's vision for the future is to become a billion-dollar real estate company with a focus on more stable and less risky projects. 2024-07-0228 min

Real Angle: Building Success in Commercial Real EstateBenchmarking Performance, with Norman Miller, Professor Emeritus at the University of San DiegoIn this conversation, Joshua Kahr and Norman Miller, a professor emeritus at the University of San Diego, discuss various aspects of real estate investment. He explains the evolution of family offices and the challenges of benchmarking in real estate. Miller emphasizes the importance of long-term thinking and net present value in investment decisions. He also highlights the significance of storytelling and track records in the industry. Additionally, Miller discusses the role of risk, branding, and niche segments in real estate investment. He concludes by expressing optimism about the future of the real estate market. Takeaways Real...2024-06-2533 min

Real Angle: Building Success in Commercial Real EstateTransitioning from LP to GP, Diana Lin @ Navi VenturesIn this conversation, Josh speaks with Diana Lin from Navi Ventures. We discuss her role in the company and their focus on value-add multifamily properties. She shares the markets they operate in, including Arizona, DFW, and New Mexico. Diana explains how she transitioned from being an architect to launching her own real estate venture. She emphasizes the importance of partnerships and finding mentors in the industry. Diana also highlights the value of hands-on experience in real estate rather than relying solely on formal education. Diana Lin discusses her transition from being a limited partner (LP) to a...2024-06-1835 min

Real Angle: Building Success in Commercial Real EstateSetting Up A First Fund, Diego Hurtado @ Navio ConsultingDiego Hurtado, Principal at Navio Consulting, discusses fund management and raising funds for small to medium-sized developers. Navio Consulting helps these developers build and set up real estate investment funds, and then assists in managing them. The typical fund structure involves adhering to Regulation D, Rule 506(c), which allows for the marketing of the offering to accredited investors. Diego emphasizes the importance of trust and relationships in the fundraising process, and the need for professionalization in the industry. Takeaways Navio Consulting helps small to medium-sized developers build and manage real estate investment funds....2024-06-1134 min

Real Angle: Building Success in Commercial Real EstateStaffing a Family Office, Brian Adams, Principal @ Mack InternationalIt's not easy to build a management team for family offices. In this episode, I speak with Brian Adams, Principal at Mack International. We discuss his transition from the commercial real estate industry to executive search for family offices. He explains the unique challenges of hiring for family office positions, including the need for candidates with both technical skills and emotional intelligence to work within a family construct. Adams also highlights the stability and control that family offices offer compared to traditional finance roles. He discusses the increasing importance of family offices as their own...2024-06-0432 min

Real Angle: Building Success in Commercial Real EstateData Driven Development in Boston, Eric Doroski @ Zanzibar CapitalSummary In this conversation, Joshua Kahr speaks with Eric Doroski, Managing Partner at Zanzibar Capital, about their focus on the Boston market and their investment and development pipeline. They discuss the challenges in the current market, including the lack of debt and equity, and the impact of interest rates. Eric shares insights into their current project, a 32-unit condo development, and the importance of understanding the retail condo market. They also discuss their data-driven approach and how they convey this to their investors. Eric highlights the trend of affordable housing projects and their equity sources, including working...2024-05-2833 min

Real Angle: Building Success in Commercial Real EstateOnline Fundraising and CrowdStreet, Ian Formigle @ CrowdStreetIn this conversation, Ian Formigle, Chief Investment Officer at CrowdStreet, discusses the role of CrowdStreet as an online platform for individuals to invest in commercial real estate projects. He explains how CrowdStreet acts as a broker-dealer and offers investment opportunities in various asset classes and geographies. Ian also highlights the growth of the investment advisor side of CrowdStreet and the different preferences of investors. He shares the factors that contributed to CrowdStreet's success in the online platform market and the importance of avoiding platform risk. Ian discusses the types of real estate investments that attract investors, such as multifamily properties, a...2024-05-2135 min

Real Angle: Building Success in Commercial Real EstateEnergy Rights and Power Production, Chris Pawlik @ EPR SquaredChris Pawlik, co-founder of EPR Squared, explains the concept of energy producing retail realty and how the company offers a sale leaseback of energy rights to property owners. By developing energy rights behind the meter, property owners can decrease operating expenses and increase net operating income. The agreements typically last around seven years, and EPR Squared provides a percentage rent to the property owner based on the revenue generated from the power. The company targets projects with a minimum size of 30,000 to 50,000 square feet, but is also developing an energy rights portal to accommodate smaller projects. Takeaways EPR Squared offers a...2024-05-1436 min

Real Angle: Building Success in Commercial Real EstateThe Efficiency of Multi-Family Offices, Jason Mandel @ Mandel Family OfficeSummaryIn this conversation, Jason Mandel, CEO of the Mandel Family Office, discusses the basics of family offices and the services they provide. He explains the difference between single family offices and multi-family offices, highlighting the benefits of the latter. Mandel emphasizes the importance of holistic financial advice and the role of a family office in helping families avoid controversy and disintegration. He also discusses philanthropic ambitions, legacy planning, and tax minimization strategies. Additionally, Mandel shares insights on utilizing insurance solutions for wealth management, investment funds and strategies, and concerns and challenges faced by clients. He concludes by discussing client acquisition...2024-05-0737 min

Real Angle: Building Success in Commercial Real EstateFinancing Energy Projects for CRE, Chad Blevins @ Repower HoldingsChad Blevens from Repower Holdings discusses their unique approach to financing energy improvement projects in commercial real estate. Repower Holdings aims to provide capital for energy improvement projects that are part of larger real estate deals, offering an equity position in the overall asset. This approach aligns the interests of the energy improvement provider and the real estate investor, driving trust and collaboration. The strategy is applicable to various asset classes and regions, with a focus on high energy use intensity and regions with higher energy costs. Repower Holdings plans to start deploying capital in Q1 and expects to...2024-04-3038 min

Real Angle: Building Success in Commercial Real EstateUrban Infill Development in San Diego, John Allen @ Streamline Development GroupIn this conversation, Josh Kahr speaks with John Allen, founder and president of Streamline Development Group. They discuss John's unconventional route into real estate development and the focus of Streamline Development on urban infill projects in San Diego. They also explore the high demand for rental properties in San Diego, the presence of national players in the market, and the challenges of finding development sites. John shares insights into the legislative edge that Streamline Development has in shaping upcoming regulations and their plans for future growth and expansion, including a focus on middle-income housing. They also discuss how sometimes...2024-04-2332 min

Real Angle: Building Success in Commercial Real EstateFrom Acquisitions to Asset Management, Roundtable with Montgomery PartnersIn this interview, Josh Kahr gets to sit down with the whole team at Montgomery Partners and talk about the lifecycle of the asset - from acquisition to fundraising to asset management. They are a long-term value-add investor in the multifamily space. They focus on the B to C class space in markets such as California, Colorado, and Nevada, and are expanding into Utah, Washington, Idaho, and Oregon. The company has a track record of success and a loyal investor base. They are cautiously optimistic about the market in 2024, but are aware of potential challenges such as a recession...2024-04-1633 min

Real Angle: Building Success in Commercial Real EstateTax Appeal and Tax Assessments, David Wolfe @ Skoloff and WolfeIn this conversation, Joshua Kahr speaks with David Wolfe, managing partner at Skoloff and Wolfe (https://www.skoloffwolfe.com/), about tax appeals and property tax assessments. They discuss the challenges property owners face with assessments and revaluations, the importance of understanding assessment ratios, and the deadlines for tax appeals. They also explore the process of tax appeals, including negotiations based on the income approach to value. David shares some surprising cases and challenges in the field of tax appeals and discusses the future plans for the firm. Chapters 00:00 Introduction and Background 03:00 Understanding Property...2024-04-0938 min

Real Angle: Building Success in Commercial Real EstateInvesting in the Rodeo Region, Brian Wilson @ Bow River CapitalIn this conversation, Joshua Kahr speaks with Brian Wilson, Managing Director of Real Estate at Bow River Capital (bowrivercapital.com). They discuss Bow River Capital's investment strategy, regional focus on the "Rodeo Region", and how they find quality operators to partner with. They also explore the current market conditions and the timing of capital deployment. Brian also shares insights on finding and evaluating operators, as well as other interesting investment opportunities in retail and single-tenant net leasing. They conclude by discussing the outlook for 2024 and the importance of considering market fundamentals in investment decisions. Is 2024 the year the equity...2024-04-0239 min

Real Angle: Building Success in Commercial Real EstateUK Investing Modeling as a Service, Alex Wilson @ PanteraIn this conversation, Joshua Kahr speaks with Alex Wilson, COO of Pantera (www.panteratechnology.com), a financial forecasting and investment modeling platform for the real estate industry. They discuss Pantera's services, market focus, and expansion plans. They also explore the challenges and opportunities in the PropTech space, including the siloed nature of the industry and the role of strategic investors. The conversation highlights the need for modern technology in real estate and the importance of simplifying complex processes. They also touch on the health of the real estate market and how that impacts the investment landscape, linked to the...2024-03-2633 min

Real Angle: Building Success in Commercial Real EstateCost Segregation, Part 2, Kim Lochridge @ Engineered Tax ServicesIn this conversation, Joshua and Kim discuss energy efficiency tax credits and deductions. They cover the history of these incentives, including the Energy Policy Act of 2005, and focus on two major programs: Section 179D and Section 45L. Section 179D provides a tax deduction for commercial buildings that meet energy efficiency criteria, while Section 45L offers a tax credit for residential units. The conversation explores the eligibility criteria, changes in the tax code, and the impact of these incentives on architects, engineers, and developers. They also touch on the changes brought about by the Inflation Reduction Act, the...2024-03-1933 min

Real Angle: Building Success in Commercial Real EstateCost Segregation, Part 1, Kim Lochridge @ Engineered Tax ServicesIn this conversation, Joshua and Kim discuss energy efficiency tax credits and deductions. They cover the history of these incentives, including the Energy Policy Act of 2005, and focus on two major programs: Section 179D and Section 45L. Section 179D provides a tax deduction for commercial buildings that meet energy efficiency criteria, while Section 45L offers a tax credit for residential units. The conversation explores the eligibility criteria, changes in the tax code, and the impact of these incentives on architects, engineers, and developers. They also touch on the changes brought about by the Inflation Reduction Act, the...2024-03-1237 min

Real Angle: Building Success in Commercial Real EstateBuilding a Hotel Brand, Ethan Orley @ Oliver HospitalityIn this conversation, Joshua Kahr speaks with Ethan Orley, managing partner at Oliver Hospitality (www.oliverhospitality.com), about his journey in the hospitality business. They discuss the challenges of operational oversight, the current deals and expansion plans of Oliver Hospitality, and the availability of equity and debt in the hotel industry. They also touch on the concept of self-check-in hotels and the future of the industry. Ethan shares insights into the Oliver brand and the types of hotel deals that are most effective for their business. They conclude the conversation by discussing partnership opportunities in the hotel...2024-03-0538 min

Real Angle: Building Success in Commercial Real EstateEconomic Forecasting for CRE, Malcolm Frodsham @ Real Estate StrategiesIn this interview, I spoke with Malcolm Frodsham, Director of Real Estate Strategies (www.realestatestrategies.co.uk), an economic forecasting firm that focuses on UK commercial real estate markets. We chatted about a diverse range of topics including how one even gets into this line of work. We talked about what economic forecasting is, and how firms can best use it. We also discussed how international markets have more in common than you'd think, and what sort of signal can be teased out of where there are differences. The future of specific product types including office, retail...2024-02-2735 min

Real Angle: Building Success in Commercial Real EstateProviding Co-Investment for Development, Ashleigh Simpson @ GrosvenorIn this interview, I chatted with Ashleigh Simpson, Head of Structured Development Finance for Grosvenor's North American property business. Amongst other things, they co-invest with residential developers in for sale and for rent ground-up multi-family developments in the United States and Canada. We discussed what co-investment means and what they look for in a development partner. We also discussed the implications of trying to call the market, and what it's like to focus on a product through various market cycles. --- This podcast is sponsored by Kahr Real Estate Services (https://www.kahrrealestate...2024-02-2137 min

Real Angle: Building Success in Commercial Real EstateFamily Office Strategies for Real Estate, Adam Fruitbine @ Maxx PropertiesI sat down with Adam Fruitbine, CIO at Maxx Properties (www.maxxproperties.com), in this interview. Maxx Properties is a family office that focuses on owning and managing its multifamily real estate portfolio. To start, we discussed what it means to be a family office, how they think about hold periods, and the role of debt. We also talked about their strategic plan to grow their operations and build an investment management business. This would bring in new investors while still maintaining their core family office operations. The targeting of new markets to invest in was also examined, and to...2024-02-1325 min

Real Angle: Building Success in Commercial Real EstateAggregating Capital, Ron Diamond @ Diamond Wealth StrategiesIn this interview, I spoke with Ron Diamond, CEO of Diamond Wealth Strategies. They are a family office with a focus on commercial real estate. They aggregate capital from over 100 single-family offices and deploy this capital as a collective force alongside their own capital. This collective of capital allows them access to deals that they otherwise wouldn't see if they were investing on their own. We discussed the state of the markets and the recent opportunities that they're looking at. He also shared how the family office landscape is changing, the long-term institutionalization of family offices, and the unique advantages that f...2024-02-0632 min

Real Angle: Building Success in Commercial Real EstateGrowing New Retail IRL, Amol Sarva @ AikitoIn this interview, I spoke with Amol Sarva, co-founder of Aikito (https://www.aikito.co/), a platform simplifying commercial renovations. As a serial entrepreneur, he co-founded startups including Virgin Mobile USA, Peek, Halo Neuroscience, Knotel, LifeX Ventures, and CornerUp. His extensive experience in entrepreneurship, advocacy for open access in wireless spectrum policy, and commitment to sustainability make him a sought-after expert. We discussed his new venture, Aikito, and how they're enabling businesses to roll out new locations on budget, in shorter time frames, and with higher quality results. We also discussed how sustainability issues have moved to th...2024-01-3024 min

Real Angle: Building Success in Commercial Real EstateExpanding Into New Markets, Jonathan Feifer @ Parkstone ManagementIn this interview, I spoke with Jonathan Feifer, CEO of Parkstone Management. They are a real estate development company that has built multifamily projects in New York City and New Jersey. They are now expanding to Reno, Nevada. Amongst other things, we discuss the state of the debt and equity markets and the challenges of development in other regions. We also discuss how to grow a development pipeline during a slow market. --- This podcast is sponsored by Kahr Real Estate Services (https://www.kahrrealestate.com/), a leading provider of in-person and online financial...2024-01-2330 min

Real Angle: Building Success in Commercial Real EstateBridge Financing, Kevin McCarthy @ Southmark CapitalIn this interview, I sat down with Kevin McCarthy, CEO of Southmark Capital. Southmark Capital purchases distressed debt and also offers short-term bridge financing. His firm was formed over 20 years ago when he worked with the principals of two family offices to deploy their capital in a specialized platform to purchase distressed debt as a way to obtain low basis cost land that could be developed. As opposed to many buyers of distressed debt, they have a focus on ground-up development. We discussed the state of the debt markets, the growth of non-bank lending, and...2024-01-1634 min

Real Angle: Building Success in Commercial Real EstateHard Money Lending, Deryle Bourgeois and Shaun Bourgeois @ NOLA Hard MoneyDeryle Bourgeois and Shaun Bourgeois are the owners of NOLA Hard Money (https://nolahardmoney.com/) , a high-yield lender that services primarily the Louisiana market. We discussed some of the misconceptions about what "hard money" lending is and what place it serves in the capital markets landscape. We also talked about what a hard money lender looks for, what kinds of investments are not a good fit for them, and what differentiates a successful lender over the long term from those that dip in and out of the market. We also took the time to talk...2024-01-0924 min

Real Angle: Building Success in Commercial Real EstateRegistered Investment Advisor for Real Estate, Erin O’Boyle @ Harvest Capital PartnersErin O’Boyle is a Founder and Managing Partner of Harvest Capital Partners (www.harvestcp.com), an SEC-registered investment advisor that services Public and Private Pension funds and institutions in the commercial real estate space. We had the chance to discuss the state of the market, the mindset of pension funds when it comes to making investments, and how they formulate strategies. We also talk about whether or not owners are adequately valuing their portfolios given the state of the capital markets. --- This podcast is sponsored by Kahr Real Estate Services (https://ww...2024-01-0233 min

Real Angle: Building Success in Commercial Real EstateGrowing a Development Platform, Stephen Hutto @ 40|MIn this interview, I spoke with Stephen Hutto, CEO of 40|M. They are an opportunistic value-add investor in the Dallas market. He was previously the CIO of Gemdale USA, a real estate investment and development company that is the US arm of a Chinese-based multi-national developer. We discuss what it takes to grow a national development platform from scratch, what the transition is like to go from working for a multinational to working for himself, and the general state of the US commercial real estate market. Along the way, we also ponder just how bad this market...2023-12-1949 min

Real Angle: Building Success in Commercial Real EstateNon-Bank Lending for Agriculture, Keir Renick @ FarmOp CapitalIn this interview, I spoke with Keir Renick, CEO of FarmOp Capital (www.farmop.com). They are a specialty lender that provides operating capital to farmers. His company provides an alternative lending source for farmers who otherwise would not be able to access credit. They have had rapid growth in the last few years. We discuss what it's like to manage 100% year-over-year growth, how his entity makes and monitors loans, and how a specialty lender fulfills a market need where traditional commercial real estate lenders such as banks cannot. --- This p...2023-12-1230 min

Real Angle: Building Success in Commercial Real EstateImpact Investing, Paul Rabinovitch @ a single-family officeIn this interview, I spoke with Paul Rabinovitch, a Senior Advisor at a single-family office. For confidentiality reasons, the name of his employer has been withheld. Paul’s experience includes building one of the largest private portfolios of net zero energy operating buildings in the USA as well as leading-edge workforce housing, affordable housing, historic preservation, and community-oriented development projects that focus on inclusivity and equity. We discussed his employer's investment mandate to him to focus on "impact" real estate. They look to deliver strong risk-adjusted financial returns together with lasting environmental and social benefits. We also ta...2023-12-0533 min

Real Angle: Building Success in Commercial Real EstateC-PACE Financing, Laura Rapaport @ North BridgeIn 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, a...2023-11-2842 min

Real Angle: Building Success in Commercial Real EstateLarge Scale Apartment Development, Joseph Ouellette @ Standard CommunitiesIn 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. --- This podcast is sponsored by Kahr Real Estate Services (https://www.kahrrealestate.com/), a leading provider of in-person and...2023-11-1635 min

Real Angle: Building Success in Commercial Real EstateRebuilding Detroit, Josh Fuhrer @ Bedrock DetroitIn 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. --- This podcast is sponsored by Kahr Real...2023-11-0934 min

Real Angle: Building Success in Commercial Real EstateAutomating the Underwriting Process, Parag Goswami @ Clik.aiIn 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. --- This podcast is sponsored by Kahr Real Estate Services (https://www.kahrrealestate.com/), a leading provider of in-person and on...2023-11-0218 min

Real Angle: Building Success in Commercial Real EstateLaunching a Co-GP Fund, Min Suh @ Steady CapitalIn 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. --- 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...2023-10-2627 min

Real Angle: Building Success in Commercial Real EstateOnline CRE Underwriting, Steve Surridge @ ForburyIn 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. --- 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 S...2023-10-1914 min

Real Angle: Building Success in Commercial Real EstateReal Estate Development with Not-For-Profit Partners, Brandon Gibson @ The Steinbridge GroupWelcome 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. --- 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/ex...2023-10-0419 min

Leaders in Business and InvestingBreaking into Real Estate ft. Joshua Kahr Founder of Kahr Real EstateJoshua Kahr is a nationally recognized expert in real estate market analysis, finance, and investment with specialties ranging from distressed, brownfield and multifamily investing. As the proud founder of Kahr Real Estate and Metropolitan America, Josh is highly regarded as one of the best investors and educators in real estate today. Most recently, Josh and his partner, Jack O'Connell, started a premier co-working startup called Essex Suites, located in Verona, New Jersey. Essex Suites was designed to fill a void in suburban America and provide quality co-working office space not found elsewhere. Apart from investing and consulting, Joshua is...2020-05-2040 min