83. Managing Real Estate Risk with Dr. Eva Steiner, Penn State Smeal College of Business

In a special guest episode, we welcome Dr. Eva Steiner, Associate Professor of Real Estate at the Penn State Smeal College of Business to discuss managing risk in commercial real estate. Professor Steiner discusses several of her studies and dives into the rate of return of real estate, private equity investments in the hotel industry, the impact of PPP loans on the competitive behavior of hotels, and more. Episode Notes: • Rate of return of real estate (1:00) • Private equity investment in the hotel industry (6:49) • Oversaturation in the markets (13:57) • Impact of PPP loans on the competitive behavior of hotels (16:25) • Link between credit market conditions and performance of real estate securities (24:19) • Classes back in session (26:25) • What’s different now in academia? (28:26)