Deconstruct

Investment lessons from 13th Floor's very active Arnaud Karsenti

November 18th, 2024  |  Season 4  |  27 mins 50 secs

13th floor investments, arnaud karsenti, development, miami, multifamily, south florida

Arnaud Karsenti, the head of Miami-based 13th Floor Investments, has a whopping dozen multifamily projects underway in a city set to break another record for deliveries in 2024. Does Miami have the tenants to meet that supply? Karsenti talks in-migration, demand for housing near public transit and the pros and cons of public-private partnerships.

The ultra-wealthy ride to ranchland

November 11th, 2024  |  Season 4  |  21 mins 45 secs

luxury homes, ranches, texas

Deconstruct breaks down why ultra-wealthy buyers are spending tens of millions of dollars on luxury ranches in the Texas desert.

How real estate donors and housing-conscious voters will drive the election

November 4th, 2024  |  Season 4  |  18 mins 30 secs

election, housing crisis, real estate news

In the latest episode of Deconstruct, Suzannah Cavanaugh and Joe Lovinger talk with TRD politics reporter Kathryn Brenzel about what the presidential election means for real estate, and how people in the industry are preparing.

Inside the workout room with Iron Hound's Rob Verrone

October 28th, 2024  |  Season 4  |  30 mins 19 secs

business news, cmbs, distress, loan workout, real estate news

In the latest episode of Deconstruct, TRD's Suzannah Cavanaugh finds out how loan specialists fix bad debt – or at least try to – by talking with loan workout specialists Rob Verrone and Job Warshaw of Iron Hound. Verrone works with sponsors to hash out modifications for distressed CMBS debt, and Warshaw brings perspective from the other side of the table — he spent three decades heading up negotiations for special servicer LNR Partners.

Has climate change become undeniable for real estate?

October 21st, 2024  |  Season 4  |  29 mins 52 secs

helene, home insurance, hurricane damage, milton, real estate, real estate news

Hosts Suzannah Cavanaugh and Joe Lovinger talk with South Florida reporters Katherine Kallergis and Kate Hinsche about the havoc, both physical and financial, wreaked by Hurricanes Milton and Helene, and whether real estate will finally wake up to the threat of climate change.

The man who bet the bank on post-pandemic office

October 14th, 2024  |  Season 4  |  20 mins 6 secs

fraud, office market, real estate distress, suburban real estate

New Jersey investor Shaya Prager quickly amassed a portfolio of millions of square feet of suburban office. As the market turns, he's been mixed up with allegations of fraud and struggling to keep a grip on his real estate investments. TRD breaks down his rise and fall in the latest episode of Deconstruct.

We got a rate cut. Now what?

October 7th, 2024  |  Season 4  |  17 mins 30 secs

business news, deconstruct, finance, rate cut, real estate, real estate news, the real deal

The Real Deal's Suzannah Cavanaugh and Joseph Lovinger break down what's next now that real estate's much-desired rate cut is finally here.

Tides Equities eyes a turning tide for multifamily

September 30th, 2024  |  Season 4  |  49 mins 14 secs

multifamily, real estate news, tides equities

Co-hosts Suzannah Cavanaugh and Joseph Lovinger discuss the turning point for the multifamily real estate market, and Suzannah interviews Tides Equities principals Sean Kia and Ryan Andrade.

WeWork’s Global Head of Real Estate on Emerging from Bankruptcy and What Comes Next

July 1st, 2024  |  Season 3  |  32 mins 28 secs

bankruptcy, chapter 11, coworking, office leasing, office space, wework

WeWork emerged from Chapter 11 bankruptcy last month after a herculean effort to cut costs. The task demanded the cooperation of hundreds of landlords and their lenders. Peter Greenspan, the coworking firm’s Global Head of Real Estate, brings Deconstruct to those negotiating tables for a look at how WeWork addressed 500 leases worldwide, and offers a preview of the firm’s next chapter.

BGO's Chief Economist on The Fed's Next Move

June 24th, 2024  |  Season 3  |  17 mins 57 secs

business, commercial real estate, economics, federal reserve, interest rates, investing, new york city, news, offices, real estate, real estate news

The Real Deal podcast Deconstruct talks to BentallGreenOak's chief economist, Ryan Severino, about expectations around the Fed, interest rates, and how commercial real estate will be affected.

Special Report: Alexander Twins Accused of Rape

June 17th, 2024  |  Season 3  |  16 mins 16 secs

adult survivors act, alexander brothers, brokerage, luxury real estate, official, rape, sexual assault

Last week, The Real Deal broke the news that top broker Oren Alexander and his twin brother, Alon, had been accused of rape and sexual assault by at least two women. The complaints detail events that allegedly took place more than a decade ago. But the lawsuits and the nearly 30 people who came forward alleging similar incidents after the story published, according to an attorney representing the two women, speak to a pattern of alleged gender-based violence. Deconstruct speaks with South Florida Bureau Chief Katherine Kallergis, Reporter Sheridan Wall and Senior Editor Ellen Cranley about what we know so far.

How to Jumpstart a Stalled Condo Project

June 10th, 2024  |  Season 3  |  21 mins 20 secs

boutique, coconut grove, condo, condominium, new development, south florida

Real estate attorney Isaac Kodsi nabbed Arbor Residences out of foreclosure in late 2023 with two goals: revive the dead condo project and return deposits to former buyers. Not a year later, Kodsi says he nailed the latter goal and is on track to wrap construction by the end of 2024. South Florida Bureau Chief Katherine Kallergis interviewed Kodsi on how he paid back buyers and where sales, led by Sandra Masis of Cervera Real Estate, now stand.

Opportunity, Opportunity, Opportunity: Goldman Sachs' Alternative Capital Lead on Real Estate Lending

June 3rd, 2024  |  Season 3  |  27 mins 24 secs

banking, business, commercial real estate, finance, goldman sachs, investing, lending, new york city, news, private credit, real estate, real estate lending, real estate news

The Real Deal podcast Deconstruct chats with Goldman Sachs' co-head of alternative capital formation, Jeffrey Fine, about where the firm is looking to make new commercial real estate loans and the general state of lending.

Dealing with Syndications 101 with LP Adviser Aleksey Chernobelskiy

May 28th, 2024  |  Season 3  |  27 mins 41 secs

business, commercial real estate, distress, investing, multifamily, new york city, news, real estate, real estate news, real estate syndication, retail investment, sun belt, syndication

The Real Deal's Deconstruct chats with Aleksey Chernobelskiy, who advises retail investors and limited partners in real estate syndications.

Developer Sam Charney Dissects New York's 421a Extension and New Tax Break on the Block 485x

May 20th, 2024  |  Season 3  |  26 mins 55 secs

Last month, Gov. Kathy Hochul passed a bombshell housing deal that extended the 421a tax abatement and introduced a new tax break for apartment projects: 485x. Developer Sam Charney of Charney Companies talks the profit potential of 485x compared to 421a, demand for sites eligible for the extension and when rental construction will ramp back up.

Deconstruct Live! Talks Bank Failures, Multifamily Fears with Fortress, Benefit Street and Urban Standard

May 13th, 2024  |  Season 3  |  30 mins 22 secs

benefit street partners, cre, distress, fortress, lending, urban standard capital

It's Deconstruct Live! at The Real Deal's New York Forum. Fortress' Steve Stuart, Benefit Street Partners' Mike Comparato and Urban Standard Capital's Seth Weissman talk bank failures, distressed note buying and lending demand in a live taping of Deconstruct.