Shows
Bridging ChicagoSeason 4 Episode 9: Sarry Ibrahim, Financial Asset ProtectionIn this episode of the podcast, Sarry Ibrahim shares about the level of care and empathy he brings to financial planning and why it's never too early (or late!) to think about your financial goals. Sarry seeks to put his clients first and prides himself on attending each client meeting without preconceived notions. Sarry also shares about why it's important to teach young people about the importance of money and how to save.
No information contained in this episode shall constitute financial, investment, legal and/or other professional advice and that no professional relationship of any kind is created between...2021-05-1349 min
Real Estate for BreakfastEpisode 27 - G. Michael Verden - Security, Protection, and Active ShootersIn this day and age of security breaches and active shooters, Phil brings on G. Michael Verden, the CEO of the Lake Forest Group, a private security consulting firm, to discuss crafting a security plan for your company. With an extensive career as a police officer, 21 years as a Secret Service agent guarding the First Lady and President, Director of Security for the NBA, and security consultant, Mike Verden understands how to apply security best practices to your unique setting to safeguard people, property, and assets. Before Mike comes on, our managing principal, Andy Annes, sets the stage by di...2018-04-1154 min
Real Estate for BreakfastEpisode 26 - Mike Piper - Student Housing and Tax IncentivesJoining Phil on this episode is Mike Piper, the CEO of ICS Tax, LLC, to explain P3s, or Public-Private Partnerships, and tax strategies such as cost segregation. Mike brings a wealth of expertise to provide beneficial tax strategies to both public and private entities that have made investment in student housing facilities beneficial. By using the example of public universities, Mike shows how pairing together a tax paying private entity with a tax free public entity can create a win-win for developer and university. Mike then delves a little into his business and the software they have developed t...2018-04-0746 min
Real Estate for BreakfastEpisode 25 - Bob Cavoto - Successful Interviewing StrategiesHe’s back! Bob Cavoto joins the podcast again to talk to Phil about successful interviewing and making an effective sales pitch, taking your career to the next level, and the state of the real estate jobs market. With over 20 years of experience matching executives with careers as CEO of 20/20 Foresight Executive Search, Bob is able to give unique and personal advice. First, Bob takes Phil though his 3 basic principles of interviewing, exploring the ideas of likability, credibility, and competence. Bob and Phil discuss body language and using voice modulation for effective communication. From there, Bob delves into his thought...2018-03-131h 00
Real Estate for BreakfastEpisode 24 - Bill Barry - Financing Commerical Real EstateBill Barry (a/k/a “BB”) is a Senior Vice President and the current head of the Commercial Finance Group at Draper and Kramer. A 30 year finance veteran, BB has closed $25 billion in real estate during his storied career, and believes deals are like snowflakes—no two deals are the same. Bill sits down with Phillip to explain how commercial lending works and the different lenders available to borrowers. From there, Bill describes current types of attractive asset classes and the weak asset classes in the market. The interview has complex financial and legal terminology, explores various strategies for financing de...2018-02-1654 min
Real Estate for BreakfastEpisode 23 - David Moore and The Willis Tower RedevelopmentDavid Moore, as Senior Vice President and Portfolio Director of Equity Office’s Chicago portfolio, comes on the podcast to discuss the company’s $500 million investment/redevelopment of famed The Willis Tower. As the second tallest building in the country, The Willis Tower is most recognizable building in Chicago and one of the most recognizable in the world. This episode is a fascinating consideration of the massive scale of a $500 Million redevelopment and investment into Chicago’s most quintessential and historic building. David discusses the “why” of redevelopment and the movement to amenitization of office buildings in Chicago. The...2018-01-0846 min
Real Estate for BreakfastEpisode 22 - Doug ChildersDoug Childers (HFF) on housing tax credits. What happens when the government utilizes market forces to reinvigorate its public housing programs? For decades, publicly subsidized affordable housing was an underutilized aspect of commercial real estate. This all changed in 1986 with the introduction of the Section 42 Low-Income Housing Tax Credit (LIHTC) program that incentivized private developers and investors to work together to modernize the US’s public housing infrastructure. To give you an idea of the scale of this program, our guest advises that over 50% of the rental units in America today have component of section 42 tax incentives.Dou...2017-12-1250 min
Real Estate for BreakfastEpisode 21 - Bob Cavoto RepostHappy Thanksgiving! Phil is out this week to spend time with family, so we are re-broadcasting one of our most popular interviews: A sit down with Bob Cavoto, the founder of 20/20 Foresight Executive Search. Bob comes on to answer all those questions you always wanted to ask an executive recruiter. Bob shoots it straight. Bob explains executive marketing and recruiting, gives career and life advice, and provides a roadmap for how to improve your career and become a C-level executive for real estate companies. It is a fascinating discussion about the job market in commercial real estate and how to ma...2017-11-211h 09
Real Estate for BreakfastEpisode 20 - Donna SalvatoreData analytics are everywhere. The commercial real estate industry is ultra-competitive and companies are looking for any sort of edge. Phil sits down with Donna Salvatore, the CEA and founder of Megalytics, a Chicago based tech company providing data analytic services to the commercial real estate industry. Phil and Donna discuss the value of utilizing big data, the trend of data being applied to various industries, and specific applications to the commercial real estate industry. Megalytics has proprietary software which assimilates data from over 100 sources and scores prospective commercial tenants to help property owners determine the tenant’s ability to me...2017-10-2742 min
Real Estate for BreakfastEpisode 19 - Andy KoglinPhil sits down with our first architect on the podcast, Andy Koglin—the President of OKW Architects. Andy tells Phil about current trends in real estate, including redeveloping and adapting bricks and mortar for different uses by creating value and density, and seeing an increase in urban infill properties. Examples of these projects are the new Amazon, Bareburger, and Soul Cycle in the Clybourn Corridor. While Phil has Andy’s ear, he asks Andy to tell us about the NewCity Development, and how he approaches integrated community development projects such as the Southport Corridor. OKW is involved in many...2017-10-0244 min
Real Estate for BreakfastEpisode 18 - The University Club of ChicagoThe University Club of Chicago is a private city club residing in a gorgeous 13 floor gothic skyscraper located at the corner of Monroe and Michigan Avenue in downtown Chicago. Phil recorded this episode onsite with its general manager, John Spidalette, head chef and restaurant manager, Mark Baker, and chief engineer, Marty Keane, to discuss the opening of $13.5 million expansion on the 7th and 8th floor. This is a unique development as it involves combining two buildings, dealing with landmark building issues, and raising funds to deliver a beautiful new restaurant (The Parliament), private dining space, two outdoor spaces including a b...2017-09-1257 min
Real Estate for BreakfastEpisode 17 - Liz HollandThe Back to School Special. Phil sits down with Liz Holland, the CEO of Abbell Credit Corporation and Abbell Associates. Liz takes us to school on current retail real estate trends, what Amazon is going to do to compete in the grocery store market. She also discusses the under-utilization of the female workforce causing a limited economic growth environment, and the fight for sales fairness legislation (a/k/a the main street fairness act). Liz explains the value of brick and mortar and how recent online retailers are transferring to them, creating a situation where the line is murky betw...2017-09-0150 min
Real Estate for BreakfastEpisode 16 - Linda Day HarrisonMarketing! We all know that we should be doing a better job marketing ourselves and our companies online. But it is hard to know how to market oneself. We had Linda Day Harrison, founder and CEO of theBrokerList, come on the podcast to describe simple tips and strategies to market yourself online. Marketing is simply educating the public about who you are and what you can do for them. Linda is passionate about helping people market and is generous with her time, energy and ideas.We also asked Linda about theBrokerList, a commercial real estate network created to pr...2017-08-1153 min
Real Estate for BreakfastFollow-Up Call with Colin LaitnerPhil’s friend Colin Laitner (Deeter Investments / Metis Capital) comes back on the podcast as a follow up to Episode 4 to let us all know the resolution of his company’s real estate lawsuit between the Nook and the Westin regarding the Westin’s claim that the Nook’s awesome sound was infringing on its use and enjoyment of its property. It is an interesting discussion of litigation strategy, finding common ground in a multi-dimensional negotiation, and realizing value in the midst of a contentious real estate litigation. This episode is an experiment on using an Uber conference call to connect...2017-08-0339 min
Real Estate for BreakfastEpisode 15 - Dan McCafferyPhil sits down for a cup of coffee with Dan McCaffery of McCaffery Interests. Dan explains how he went from a college student in Canada to running a hugely successful real estate development and full service real estate firm in Chicago, Illinois, that has successfully completed over $2 Billion of commercial real estate developments. Dan is a big picture guy who has made big developments his business, including the current development of The Lincoln Common in Lincoln Park, Illinois. The Lincoln Common is the former site of the Children’s Memorial Hospital, and the project will cover a contiguous 6.04 acre area wh...2017-07-1946 min
Real Estate for BreakfastEpisode 14 - Jon WinickDistressed Debt. Debt buying is a multi-billion dollar industry that operates largely under the radar. Phil has Jon Winick of Clark Street Capital come on to discuss the business side of debt purchases and sales, the industry, and how it all works. As it turns out, all banks sell loans. There are professional loan buying companies, private equity groups, and individual investors, out there that purchase loans to restructure (i.e. workout) loans and enforce delinquent debt. Jon talks about the process and costs of loan management, the reasons for selling loans, the purchasers in the market, and the oppor...2017-06-261h 03
Real Estate for BreakfastEpisode 13 - Sam RosenIn order to learn more about the coworking phenomenon, Phil has Sam Rosen, co-founder of Deskpass, on the podcast. Sam, a design and technology professional by trade, is a long time pioneer in the coworking space industry (former founder of the “Coop” in River North), and Deskpass allows users to dip their toes in the coworking atmosphere. Sam discusses trends with the millennial workforce, the shift to the freelance workforce, and how companies are using creative strategies to attract top tier talent in urban areas.Learn more about Deskpass: www.deskpass.com. At the 21:00-23:00 minute mark, Sam offers...2017-06-1354 min
Real Estate for BreakfastEpisode 12 - Sleeping Bear Capital - Andrew Calcutt and George FreemanFirst, Phil provides an ICSC RECON recap, and he shares his first experience at the storied conference in Las Vegas. Phil then sits down with Andrew Calcutt and George Freeman, two long-time friends and business partners, who invest in 6-30 unit multi-family buildings in the south side of Chicago. Andrew and George discuss their strategies, their challenges finding quality deals in the current marketplace, the lack of REO inventory, distressed debt purchasing, and their strategy of renovating challenged properties to provide affordable, quality housing in challenging markets.Learn more about Sleeping Bear Capital here.
DISCLAIMER – No inf...2017-05-2558 min
Real Estate for BreakfastEpisode 11 - Dee G. Coover - Mother's Day SpecialDee G. Coover. MOTHER’S DAY SPECIAL. In this episode, Phil’s mother Dee G. Coover comes on the podcast to discuss one of the most complex real estate deals one can imagine: The DeKalb Public Library Expansion project. As (now happily retired) director of the DeKalb Public Library, Dee embarked on a 9 year, $25 Million Dollar, journey to renovate an existing historical structure, build a new structure which merged with the historic structure, purchase multiple parcels, change the zoning laws, build public support, obtain government approvals, and finance the project through a combination of public funds, private donations, TIF Financing...2017-05-111h 18
Real Estate for BreakfastEpisode 10 - Bobby GoodmanPhil is joined by Bobby Goodman, one of the co-founders of Truss, which could revolutionize the commercial real estate industry with its new real estate tech company, Truss. This company launched in January of 2017 and is already making waves in the community. Truss provides a cloud based platform for office space and gives power to the tenants looking for office space in downtown Chicago and is expanding rapidly to new markets. This company fills a hole in the marketplace and serves an underserved market where tenants can search the marketplace and take control of the process. The Truss company makes...2017-04-2644 min
Real Estate for BreakfastEpisode 9 - Craig Nadborne - Q1 2017 Chicago Downtown Office Market ReportCraig Nadborne - Q1 2017 Chicago Downtown Office Market Report. In this episode, Phil has Craig Nadborne, an office tenant rep broker and senior managing director at Bradford Allen, come on the podcast to explain the Bradford Allen quarterly report and describe the state of the office market in downtown Chicago. Craig advises on the current rental rates, total inventory, the difference between A, B and C class buildings, current trends in new office buildings and renovating existing buildings, and what’s to come in future quarters.Quarterly ReportLearn more about Bradford Allen here.
DIS...2017-04-1143 min
Real Estate for BreakfastBonus Episode - Cyber Security: What Does It Mean for My Business?Bonus Episode: Cybersecurity Symposium: “Cyber Security: What Does It Mean for My Business?” In case you could not join us on March 8, 2017, SATC Solution Center L3C hosted a cybersecurity symposium which included a panel of cybersecurity professionals including an attorney, Allison Adams of SATC, an cyber risk insurance professional, Mike Richmond, of the Horton Group, and a technical specialist in cybersecurity, Bruce Ward, of Peters and Associates. We hope you find this thoughtful discussion between experienced professionals helpful in protecting your business.
DISCLAIMER – No information contained in this Podcast or on this Website shall constitute financial, investment...2017-03-291h 43
Real Estate for BreakfastBonus Episode - Cyber Security: What Does It Mean for My Business?In case you could not join us on March 8, 2017, SATC Solution Center L3C hosted a cybersecurity symposium which included a panel of cybersecurity professionals including an attorney, Allison Adams of SATC, an cyber risk insurance professional, Mike Richmond, of the Horton Group, and a technical specialist in cybersecurity, Bruce Ward, of Peters and Associates. We hope you find this thoughtful discussion between experienced professionals helpful in protecting your business.2017-03-281h 43
Real Estate for BreakfastEpisode 8 - Bob CavotoJobs! Careers! Bob Cavoto, the founder of 20/20 Foresight Executive Search, comes on to answer all those questions you always wanted to ask an executive recruiter. Bob shoots it straight. Bob explains executive marketing and recruiting, gives career and life advice, and provides a roadmap for how to improve your career and become a C-level executive for real estate companies. It is a fascinating discussion about the job market in commercial real estate and how to market yourself for a C-level executive position. Learn more about 20/20 Foresight Executive Search here. Website: https://www.realestatebreakfast.com/Email: s...2017-03-221h 06
Real Estate for BreakfastEpisode 7 - David HaighIn episode 7, Phil has industrial real estate broker, David Haigh, of NAI Hiffman, come on to discuss the different approach needed for massive square footage transactions in industrial real estate. Dave explains a good approach to networking and getting into the real estate business, explains the history and macroeconomic factors that lead Chicago to being of paramount importance in industrial real estate, and new trends in the industrial real estate market.Learn more about NAI Hiffman here.
DISCLAIMER – No information contained in this Podcast or on this Website shall constitute financial, investment, legal and/or othe...2017-03-0753 min
Real Estate for BreakfastEpisode 6 - Steven SpinellPhil's featured guest is Steven Spinell of JLL. Steven is a former professional hockey player turned commercial real estate professional. Steven discusses his work on JLL's build to suit team, his transition to commercial real estate, and his passion project to help competitive athletes transition from the sports arena to the corporate arena. But first, Phil is joined by fellow SATC principal John Campbell to discuss how and why cyber security is a necessity for real estate professionals, and the upcoming cyber security symposium on March 8, 2017, brought to you by SATC Solution Center, L3C. John Campbell on...2017-02-2249 minReal Estate for BreakfastEpisode 6 - Steven SpinellPhil's featured guest is Steven Spinell of JLL. Steven is a former professional hockey player turned commercial real estate professional. Steven discusses his work on JLL's build to suit team, his transition to commercial real estate, and his passion project to help competitive athletes transition from the sports arena to the corporate arena. But first, Phil is joined by fellow SATC principal John Campbell to discuss how and why cyber security is a necessity for real estate professionals, and the upcoming cyber security symposium on March 8, 2017, brought to you by SATC Solution Center, L3C. You can register for the...2017-02-2249 min
Real Estate for BreakfastEpisode 5 - David StoneThe State of the Chicago Retail Market! In episode 5, Phil gets the state of the Chicago Retail market from one of Chicago’s premiere retail brokers, David Stone of Stone Real Estate Corporation. David discusses the recent soaring rents in the North Michigan Avenue riverfront area, the challenges and advantages of leasing a unique building such as the Merchandise Mart, and provides trends and forecasts of where this City is going and what both tenants and landlords are looking for in current economic conditions.Learn more about Stone Real Estate Corporation here.
DISCLAIMER – No information contain...2017-02-0840 min
Real Estate for BreakfastEpisode 4 - Colin C. LaitnerPhil grabs a cup of coffee with his good friend, Colin C. Laitner, the general counsel of Deeter Investments, LLP, a private investment firm, and a principal of Metis Capital, LLC, a commercial real estate development company based out of Austin, Texas. Phil makes Colin tell the story of how he got his position with Deeter Investments, LLP, and discusses a private nuisance lawsuit where a local live music bar on Sixth Street in Austin, Texas, called The Nook, is being sued by a corporate giant, The Westin Hotel. Finally, Colin talks about his efforts to attract foreign investments in...2017-01-2757 min
Real Estate for BreakfastEpisode 3 - Robert Walters - Part 2 of 2Robert Walters – Principal of Quattro Development, LLC. In part 2 of a 2 part episode, host Phil Coover continues his conversation with Rob Walters of Quattro Development, Inc., where they discuss the nuances of approaching municipalities around the country, picking sites by looking at population density, the difficulties of entering the commercial real estate industry, and a new non-profit endeavor to help underprivileged youths gain work experience in commercial real estate.Learn more about Quattro Development here.
DISCLAIMER – No information contained in this Podcast or on this Website shall constitute financial, investment, legal and/or other professional advic...2017-01-2733 min
Real Estate for BreakfastEpisode 2 - Robert Walters - Part 1 of 2Robert Walters – Principal of Quattro Development, LLC. In part 1 of a 2 part episode, host Phil Coover sits down with Rob Walters of Quattro Development, Inc. to discuss how a kid from DeKalb founded a national real estate development company with his partner Mike Liyeos in 2008. Rob explains his company’s process to select and develop sites, sourcing materials and contractors, and finding deals across the entire country.Find out more about Quattro Development here.
DISCLAIMER – No information contained in this Podcast or on this Website shall constitute financial, investment, legal and/or other professional advice and that...2017-01-2739 min
Real Estate for BreakfastEpisode 1 - C. Michelle PanovichReal Estate for Breakfast is a Chicago centric real estate podcast which brings realestate professionals and attorneys together to create thoughtful commentary oncurrent real estate issues, explanations of sophisticated real estate problems, detailson current developments and entertaining discussion.Episode 1 Guest Speaker - C. Michelle Panovich of Mid-America Asset Management, Inc.Description: In the first episode, Phil sits down with C. Michelle Panovich of Mid-America Asset Management, Inc., and Andy Annes of Schenk Annes Tepper CampbellLtd., to discuss Michelle and Mid-America’s redevelopment efforts in connection with2017-01-2749 min