Deconstruct

A Private Equity Head on Investment Opportunity in "Transitional" 2024

January 22nd, 2024  |  Season 3  |  28 mins 48 secs

2024, capital markets, cold storage, commercial real estate, investment, office, private equity, single-family rentals

Heading into 2024, rate cuts are the silver lining on everyone’s mind. Still, Ron Dickerman, founder and president of private equity firm Madison International Realty, sees 2024 as a “transitional year.” As capital cautiously comes off the sidelines, Dickerman talks opportunity in the wall of maturities and which asset classes he’s eyeing. Hint: Cold storage is on the come-up

The NIMBY vs. YIMBY Battle Takes The Nation

January 15th, 2024  |  Season 3  |  29 mins 30 secs

austin, california, chicago, development, los angeles, miami, new york, nimby, south florida, yimby

Pull back the cover of The Real Deal's January issue and you'll find NIMBY vs. YIMBY battles unfolding across the country. Deconstruct talks with TRD senior reporters and bureau chiefs to unpack what's driving development and blocking construction in New York, South Florida, Los Angeles, Austin and Chicago.

Deconstruct Live at TRD's Miami Forum: Using AI to Hack Zoning

January 8th, 2024  |  Season 3  |  23 mins 23 secs

ai, artificial intelligence, building, business, city planning, commercial real estate, construction, deepblocks, development, housing market, investing, miami, new york city, news, real estate, real estate news, rental market, the real deal, zoning

The Real Deal's podcast Deconstruct chats with Deepblocks CEO Olivia Ramos about how the firm uses artificial intelligence to create a parcel database that tells developers what they can build and where.

A Case for Housing Compromise in the 2024 NY Legislative Session

January 2nd, 2024  |  Season 3  |  31 mins 10 secs

2024, 421a, alicia glen, good cause eviction, housing, legislature, new york, rent stabilization

Deconstruct Live at The Real Deal's Miami Forum: Meet Kaizen AI

December 18th, 2023  |  Season 3  |  28 mins 33 secs

ai, artificial intelligence, business, chatgpt, commercial real estate, development, investing, kaizen ai, miami, new york city, news, real estate, real estate news, the real deal, zoning

The Real Deal chats with Jay Shah and Anuj Shah, the brains behind Kaizen AI, about using artificial intelligence in commercial development plans.

Wind in the Doldrums? A Look Ahead At NYC Investment Sales

December 11th, 2023  |  Season 3  |  36 mins 21 secs

2024, forecast, investment sales, multifamily, new york city, nyc, office, rent-stabilized

You know the story: interest rates rose and deal flow slowed. After a year and half of sluggish trading, what's next for NYC's investment sales market? Avison Young's Head of Tri-State Investment Sales James Nelson lays out the market dynamics set to drive office and multifamily deals. Ariel Property Advisors' Founder Shimon Shkury gets granular on the distress affecting the rent-stabilized market.

Ivanhoé Cambridge on Separating Good Office From Bad, Opportunistic Investing and Deploying Cash

December 4th, 2023  |  Season 3  |  33 mins 19 secs

business, cdpq, commercial real estate, investing, investment firm, ivanhoe cambridge, life sciences, new york city, news, office market, real estate

The Real Deal's podcast Deconstruct chats with Ivanhoé Cambridge's head of office and life sciences investments, Jonathan Pearce, about the U.S. office market, opportunistic investing and more.

Deconstruct Live at The Real Deal's Miami Forum: Inside Miami's Resi Market

November 20th, 2023  |  Season 3  |  32 mins 26 secs

apartments, brokerages, business, condo, condo market, development, dora puig, fortune international group, investing, luxury real estate, miami, new york city, news, residential

Deconstruct chats with Miami star broker Dora Puig and Fortune International Group's Edgardo Defortuna and Ana Christina Defortuna at The Real Deal's Miami Forum.

About That NAR Verdict — Everything You Need To Know

November 13th, 2023  |  Season 3  |  29 mins 6 secs

brokerages, commissions, damages, mls, nar, national association of realtors, verdict

On the last day of October, a jury found the National Association of Realtors and two brokerages — HomeServices of America and Keller Williams Realty — guilty of conspiring to artificially inflate broker commissions. The verdict immediately spurred a copycat suit and could inspire dozens more. The Department of Justice is eyeing its own case and policy changes could be on the table. The Real Deal's Sheridan Wall and Harrison Connery break down the case and its aftermath.

Meet Maya: Fredrik Eklund Takes on AI

November 6th, 2023  |  Season 3  |  24 mins 16 secs

ai, apartments, brokerages, business, chatgpt, condos, douglas elliman, investing, luxury market, new york city, news, real estate, residential

Top brokers Fredrik Eklund and John Gomes at Douglas Elliman have created a new artificial intelligence tool built on ChatGPT for real estate. The Real Deal's Deconstruct looks at the new tool, Maya.

The Syndicator's Dilemma: A Multifamily Boom Goes Bust

October 30th, 2023  |  Season 3  |  32 mins 6 secs

commercial real estate, distress, interest rates, investment, multifamily, rate hikes, sun belt, syndicators

Two years back, when money was still cheap, a new crop of investors was getting in on the red-hot multifamily market. Syndicators — investors who pool money to buy properties — turned to floating-rate debt to quickly close deals when demand was at its peak. After a year and a half of rate hikes, many of those fledgling investors are now grappling with distress. Nuvo Capital Partners' Brian Underdahl discusses the catalysts behind that boom and how his firm is working with borrowers to save troubled deals.

The Distress Roiling the CMBS Markets

October 23rd, 2023  |  Season 3  |  28 mins 37 secs

business, cmbs, commercial mortgage-backed securities, commercial real estate, debt, investing, lending, new york city, news, office market, polpo capital, real estate, real estate and finance, real estate news, securities

The Real Deal's Deconstruct looks at the distress hitting commercial mortgage-backed securities.

The Father of CMBS Talks Origin Stories, Great Recession and Today's Distress

October 16th, 2023  |  Season 3  |  29 mins 53 secs

cmbs, commercial real estate, ethan penner, great recession, loans, mortgages, structured finance

The Real Deal's Deconstruct podcast chats with the creator of commercial mortgage-backed securities, Ethan Penner.

As New Development Stalls, Swire Properties is Still Reshaping Miami

October 9th, 2023  |  Season 3  |  27 mins 9 secs

branded residences, brickell, brickell key, development, miami, office, related, south florida, swire properties

Tighter lending conditions have proved a thorn in the side of many Miami developers. But not Swire Properties. Henry Bott, the new president of the firm's American arm, discusses development plans for the last piece of land on Brickell Key, plus the office supertall it's building with Related on the mainland.

Filling the Gap: The Private Players Turning to Real Estate

October 2nd, 2023  |  Season 3  |  27 mins 36 secs

arkhouse, business, commercial real estate, investing, m&a, new york city, news, private credit, private equity, real estate, real estate news, the real deal

The Real Deal's podcast Deconstruct chats with the managing partners of Arkhouse, an activist investment firm that looks for opportunities to take public real estate investment trusts private.

The Agency's Mauricio Umansky Talks Resi Rebound and Reality TV

September 25th, 2023  |  Season 3  |  22 mins 21 secs

buying beverly hills, mauricio umansky, residential brokerage, the agency, the dealmaker

Mauricio Umansky is a busy guy. His brokerage The Agency opened a New York office last year, then a Hamptons outpost early this summer. His firm and family star in the Netflix series Buying Beverly Hills. Season 2 wrapped filming in July. And this spring the broker released his first book — The Dealmaker. It's a guide to success in business and in life.