April 12, 2021
COVID-19 upended the commercial real estate sector in many ways. It accelerated trends that benefitted a few sectors while negatively impacting others. In this post, I’ll […]
March 21, 2021
The capital stack refers to the layers of investment financing for a real estate deal. The capital stack creates a visual representation that helps investors understand […]
December 30, 2020
Every real estate investment involves risk. Some investment properties have substantially more risk than others. Real estate development is generally more risky than purchasing a stable […]
December 24, 2020
Here is my list of the top 10 commercial real estate blogs for 2021. Each of these blogs has unique and insightful content. They each produce […]
August 8, 2020
I’ve been reluctant to express my thoughts on the COVID-19 pandemic. I figured there was no sense in taking the time to write something that may […]
March 16, 2020
A sale-leaseback is a transaction in which a company sells its real estate and leases it back from the purchaser. In this post I will describe […]
January 26, 2020
I’m an asset manager for a small real estate private equity company. In this post I’m going to break down what a typical day looks like. […]
July 22, 2019
Real estate developers often use a cap rate spread analysis to measure the potential profitability of a real estate development. It’s a back of the envelope […]
July 8, 2019
The “cap rate” is probably the most widely used metric in commercial real estate. It’s a metric that I refer to almost every day when describing […]
June 3, 2019
A few weeks ago, I was in a meeting with about 15 smart real estate and finance people, many of whom have Ivy League MBA’s. We […]
March 17, 2019
The covered land play is a creative investment strategy that enables real estate entrepreneurs to generate outsized returns while mitigating their downside risk. A covered land […]
February 14, 2019
At the beginning of each year, I take a step back to think about the state of the commercial real estate industry; the major trends, investment […]
December 31, 2018
As the year comes to a close, I find myself reflecting on the last 12 months–the good, the not so good, what went well, what didn’t […]
December 11, 2018
Working with struggling tenants is one of the many skills owners and asset managers must learn to handle effectively in order to maintain the financial stability […]
November 4, 2018
Commercial real estate transactions and private business transactions are more similar than you would likely expect. The process by which a person would buy a business […]
October 28, 2018
We all spend time on the road, at the gym, cleaning the house, walking the dog, or laying in bed unable to sleep. These are perfect […]
October 14, 2018
Real estate financial modeling is a relatively new discipline, and as a result, the number of quality educational resources has been almost nonexistent until just a […]
September 17, 2018
In just a few decades, the commercial real estate space has become increasingly institutionalized. Despite the fact that institutional investors continue to grow their market share, […]
May 14, 2018
The state of retail is changing at an incredible rate – probably faster than ever before. Much has been written about this topic over the last […]
April 3, 2018
Raising real estate investment capital is oftentimes the most challenging aspect of running a real estate investment business. Even investors with strong track records and proven […]
March 10, 2018
2017 and the first quarter of 2018 has been a great time to be in commercial real estate. Transaction volume in 2017, according to CoStar, was […]
January 6, 2018
The Beginnings The American Tradition – Real estate development in the US is unlike that of any other county. The early settlers of the US […]
December 28, 2017
Equity REIT stock prices have declined in 2017 despite strong commercial real estate fundamentals – positive rent growth and net absorption, and stable or declining vacancy […]
December 8, 2017
On nearly a daily basis, we read headlines of retailers filing for bankruptcy protection and shutting their doors. The Darwinian nature of the retail business persists, […]
December 7, 2017
One of the biggest changes to the commercial real estate industry, over the last 15 years, has been the increase in institutionalization within the asset class. […]
December 2, 2017
Many people have asked me the same question, “how do I break into commercial real estate?” Usually it goes more like this, “so Greg, I’m thinking […]
December 2, 2017
Real estate syndication is a primary method by which real estate entrepreneurs fund their real estate projects. It is vital to understand this concept of real […]
November 20, 2017
Entrepreneurs are seizing the opportunity to acquire these assets, at well below replacement cost prices – then converting the buildings to self-storage – for a […]
October 10, 2017
See the table below to see a summary of CEL Associates’ annual survey of commercial real estate compensation. Included in the table below, I’ve summarized the […]
April 18, 2017
We’ve all heard of the Big 4 accounting firms. If you’re not a millennial then you can probably recall the “big 5” accounting firms; or even […]
April 5, 2017
From science fiction fantasies to my actual fingertips, drones have come a long way in a relatively short period of time. Their future remains somewhat of […]
January 8, 2017
We always talk in awe about the grinders that work long hours. Especially the old timers. That’s great but we all have more important things in […]
November 8, 2016
I’m sure we’ve all heard about Apple’s new HQ which is set to be completed in 2017. So what can we learn from one of Steve […]
August 5, 2016
We’ve all seen a huge explosion of startups within the commercial real estate technology space. It’s not a coincidence but rather a huge opportunity that many […]
July 6, 2016
Last year I was selected to compete in a hypothetical real estate development competition. The participants were placed in teams of four and given 10 months […]
July 5, 2016
FinTech aka Financial Technology is the term used to describe the plethora of new technology platforms that are disrupting the financial industry. (Lending Tree, Square, Mint, […]
June 8, 2016
As a startup, finding office space can be a bit tricky as your office space needs might be very different six months from now. You probably […]
April 9, 2016
Real estate has, and always will be, a local game. However, due to globalization, the macroeconomic environment is more influential now than ever. Listed below are […]
February 25, 2016
After More than a decade of work, FASB has now released new accounting standards for items (like leases) that should be on a company’s balance sheet. […]
February 22, 2016
Venture Capital Funding – All Industries Since the middle part of last year (2015) we’ve seen venture capitalists pull back from making new bets on startup […]
February 6, 2016
In November 2012, 56 percent of Colorado voters passed Amendment 64 which legalized the sale and use of marijuana for recreational purposes. Since, several other states […]
April 12, 2021
COVID-19 upended the commercial real estate sector in many ways. It accelerated trends that benefitted a few sectors while negatively impacting others. In this post, I’ll […]
August 8, 2020
I’ve been reluctant to express my thoughts on the COVID-19 pandemic. I figured there was no sense in taking the time to write something that may […]
April 3, 2018
Raising real estate investment capital is oftentimes the most challenging aspect of running a real estate investment business. Even investors with strong track records and proven […]
January 6, 2018
The Beginnings The American Tradition – Real estate development in the US is unlike that of any other county. The early settlers of the US […]