Ethan Penner

Author Ethan Penner discusses choosing greatness, pioneering new markets on Wall Street, and the misconceptions around achieving excellence in daily life. He emphasizes the importance of personal accountability, resilience, and societal structures in enabling individual greatness. The conversation also delves into historical examples and cultural contrasts to highlight the quest for excellence and optimism in times of transition.

218. Life, Lending, & Rock 'n' Roll: The Father of CMBS, Ethan Penner, Tells us How it all Started features Ethan Penner, the pioneer of commercial real estate finance and creator of CMBS back in the 1990s. In this podcast, Ethan breaks down his life in CRE, discussing topics such as the S&L crisis, guard rails for new market entrants, the cause of the Great Financial Crisis, how CMBS got started, and his new book. Plus, he shares some stories about his famous rock 'n' roll parties.

Ethan Penner, Managing Partner of Mosaic Real Estate Partners and widely recognized as the father of Commercial Mortgage-Backed Securities, discusses the volatile state of the real estate market. He highlights the stark divide between thriving suburban markets and struggling urban commercial spaces. Penner reflects on historical crises and draws parallels to current challenges, emphasizing how shifts in remote work and economic uncertainty are reshaping valuation dynamics. He also explores the interplay between buyers and sellers amidst evolving financial landscapes.