The Weekly Take from CBRE
[Bonus Ep] Hands in the Air: Q&A about Capital & Debt with Lone Star Funds’ Bob Ricci
Jun 27, 2024
Senior Managing Director of Lone Star Funds, Bob Ricci, discusses challenges in real estate investing, including skyscrapers sold for low prices in depopulated areas. They also explore the appeal of investing in Sun Belt states, capital requirements for office assets, and the importance of tier one capital for banks when assessing commercial real estate risk.
09:22
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Real estate investing in St. Louis faces challenges of depopulation, while Sun Belt states offer growth opportunities.
- Adapting to demographic shifts and urban dynamics is crucial in real estate while Sun Belt states attract investments.
Deep dives
Real Estate Challenges in St. Louis
St. Louis faces unique challenges in its real estate sector due to long-term depopulation and business migration trends. While some skyscrapers sell for minimal prices, areas such as Clayton, Missouri, emerge as thriving hubs. The city's evolution reflects a shift towards western suburbs for development, highlighting the importance of adapting to demographic changes and urban dynamics.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
