In this engaging discussion, Bob Knakal, Chairman and CEO of BK Real Estate Advisors and one of NYC's top brokers, shares his inspiring journey in real estate. He emphasizes the criticality of market knowledge and strategic prospecting for success. Knakal also explores the unique aspects of the New York market, offering practical advice for aspiring brokers. Additionally, he highlights the transformative role of social media in expanding reach and building a professional legacy in an increasingly competitive landscape.
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question_answer ANECDOTE
Joining Crow Holdings
Michael Knakal shares his first impression of joining Crow Holdings.
He was surprised they let him "into this club", given the company's prestigious history and alumni network.
insights INSIGHT
Crow Holdings' Legacy
Crow Holdings fosters a culture of opportunity, empowering employees rather than controlling them.
This has led to numerous successful spin-off companies like Stream Realty and Lincoln Property Company.
question_answer ANECDOTE
Crow Holdings' Development Focus
Crow Holdings has been the largest multifamily developer in America for 45 years, focusing on workforce housing.
They've also restarted office development, recently completing America's largest mass timber office building in Frisco, Texas.
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Season 2, Episode 4: In this episode of No Cap by CRE Daily, hosts Alex Gornik and Jack Stone sit down with Bob Knakal, Chairman and CEO of BK Real Estate Advisors. Bob, one of New York City’s top brokers, shares his journey and insights on how he became a leader in the real estate market.
They dive into the importance of market knowledge, why prospecting is key to success, and how Bob used social media to expand his reach. Plus, Bob shares what makes the New York market unique and offers advice for aspiring brokers looking to make their mark.
CHAPTERS:
0:00 - Introduction
3:00 - Bob’s Journey in Real Estate
7:30 - The Importance of Market Knowledge
12:00 - How to Stay on Top in a Competitive Market
15:45 - Building a Legacy in Investment Sales
20:30 - The Role of Social Media in Real Estate
25:00 - What Sets New York’s Real Estate Market Apart
30:00 - Current Trends and the Future of the Market
35:00 - Advice for Aspiring Brokers and Real Estate Professionals
40:00 - The Power of Specialization and Expertise
We want to thank our sponsor Greysteel.
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About No Cap Podcast
Commercial real estate is a $20 trillion industry and a force that shapes America’s economic fabric and culture. No Cap by CRE Daily is the commercial real estate podcast that gives you an unfiltered ”No Cap” look into the industry’s biggest trends and the money game behind them. Each week co-hosts Jack Stone and Alex Gornik break down the latest headlines with some of the most influential and entertaining figures in commercial real estate.
About CRE Daily
CRE Daily is a digital media company covering the business of commercial real estate. Our mission is to empower professionals with the knowledge they need to make smarter decisions and do more business. We do this through our flagship newsletter (CRE Daily) which is read by 65,000+ investors, developers, brokers, and business leaders across the country. Our smart brevity format combined with need-to-know trends has made us one of the fastest growing media brands in commercial real estat4.
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