The Industrial Real Estate Podcast

Join me as I interview Nitin Bhatia to discuss a variety of different topics.  Nitin is a lawyer and commercial real estate investor, and after watching this video you'll see why I'm such a big fan of his! 0:00 - introduction  0:48 - legal challenges over the past 18 months  4:25 - any new lease provisions?  7:59 - have any asset classes struggled more than others?  10:04 - are banks scrutinizing companies more?  15:39 - how Nitin's portfolio fared over the past 18 months  20:40 - dealing with tenants who need help  25:11 - forecast for Q4 2021 Connect with Nitin on LinkedIn: https://ca.linkedin.com/in/nitin-bhatia-b2a76820SB LLP: https://sb-llp.com/ --  🔔 Subscribe: https://www.youtube.com/c/ChadGriffithsCRE?sub_confirmation=1 💻  LinkedIn: https://www.linkedin.com/in/chadgriffiths/ 🙋 Chad Griffiths, MBA, SIOR  NAI Commercial Real Estate Inc.

In this week's episode I'm pleased to be joined by Michael Golden, an industrial real estate owner with a portfolio spanning over 300,000 square feet. In addition to overseeing the portfolio, Michael has completed an extensive amount of education, including a Masters of Science in Real Estate, a Masters of Business Association and a Master of Taxation. In short, this is an opportunity to hear from an amazingly talented individual who has professor-level education combined with extensive real world experience. Here are the topics we discussed: 0:00 - Introduction  3:21 - Michael's largest industrial re-development  7:20 - Valuing industrial real estate opportunities  8:47 - Internal underwriting process  13:05 - Cash (flow) is King  15:50 - Decision analysis when considering opportunities  19:55 - What Michael likes about industrial real estate  25:00 - Advice for new investors  27:15 - Getting in touch with Michael  32:03 - Bloopers (sorry Michael!) We mentioned at the end of the video that we're working on converting some amazing Excel spreadsheets into the Google Sheets workbook that I've been updating.  I'll post an update in the comments when that's complete, but in the meantime, here is the link to the free document which currently contains an NER calculator, rent roll template, industrial property checklist, and amortization schedule (both Canada and the US): https://docs.google.com/spreadsheets/d/15wRgVpxB4GNKxO-yECo8aRncPmIqY4yhz54N-eFP9E4/edit?usp=sharing Connect with Michael on LinkedIn: https://ca.linkedin.com/in/michaelsgolden --  🔔  Subscribe: https://www.youtube.com/c/ChadGriffithsCRE?sub_confirmation=1  💻  LinkedIn: https://www.linkedin.com/in/chadgriffiths/  🙋 Chad Griffiths, MBA, SIOR  NAI Commercial Real Estate Inc.

Can you raise outside capital to purchase commercial real estate?  What if you don't come from a business-minded family or have a circle of affluent friends? In this episode I'm joined by Whitney Sewell, Founder and CEO of Life Bridge Capital, a private firm with over $125M in assets under management.  Whitney shares how he started with small projects and now raises upwards of $10M per project in a few hours. Whitney also offers a number of actionable steps investors can take right now to raise capital, and even more importantly shares why he is working so diligently towards accomplishing his goals. 0:00 - Introduction  0:52 - Making the transition into CRE investing  7:03 - Raising money from outside investors  11:04 - Donating 50% of all profits to a very worthy cause  13:27 - Investment metrics / underwriting deals  16:08 - Ownership model  17:10 - Advice for doing a capital raise  21:48 - Creating 1000 podcast episodes (!) Connect with Whitney: https://lifebridgecapital.com/personnel/whitney-sewell/  Whitney on LinkedIn: https://www.linkedin.com/in/whitney-sewell  The Real Estate Syndication Podcast: https://lifebridgecapital.com/podcast/ --  🔔  Subscribe: https://www.youtube.com/c/ChadGriffithsCRE?sub_confirmation=1   💻  LinkedIn: https://www.linkedin.com/in/chadgriffiths/   🙋 Chad Griffiths, MBA, SIOR  NAI Commercial Real Estate Inc.  

Tune in as I interview Kevin Gardner, Senior Director with Canada ICI and an expert in commercial real estate finance. We covered a number of fascinating points in regards to both industrial real estate and the commercial real estate market as a whole! 0:00 - Introduction  0:45 - Welcoming Kevin  1:03 - The Superbowl of Receiverships?  3:26 - Is Gov't Spending Kicking the Can Down the Road?  5:11 - How are Lenders looking at different asset classes?  8:48 - Access to Capital  9:52 - Underwriting Timelines  11:20 - Are lenders scrutinizing tenants?  17:14 - Current terms and interest rates  24:12 - Thoughts on the Industrial Real Estate Market  31:05 - General message to companies looking to borrow  33:05 - Getting in touch with Kevin Connect with Kevin on LinkedIn: https://ca.linkedin.com/in/kevin-gardner-91877b36 Call Kevin at Canada ICI: 780.702.8095  Mixed Use Developments Article - https://www.canadaici.com/insights/mixed-use-in-alberta-the-conversation/ Canada ICI: https://www.canadaici.com/ --  🔔 Subscribe: https://www.youtube.com/c/ChadGriffithsCRE?sub_confirmation=1  💻  LinkedIn: https://www.linkedin.com/in/chadgriffiths/  🙋 Chad Griffiths, MBA, SIOR  NAI Commercial Real Estate Inc.

I had the pleasure of sitting down with Jeff Beals, an author, speaker, sales consultant with considerable experience in the commercial real estate industry. Jeff gives his advice on what new and experienced agents alike can do to increase their businesses in 2021. 0:00 - Intro  1:05 - Advice for new brokers  3:33 - Overcoming a lack of experience  5:07 - Avoiding complacency for experienced brokers  8:01 - What makes a good broker?  11:32 - What tech you should be using (and avoiding!)  16:25 - Finding a CRM  21:10 - Action item for brokers  28:34 - My zany background --  Connect with Jeff on LinkedIn: https://www.linkedin.com/in/jeffbealsJeff's  website: https://jeffbeals.com/ Sign up to Jeff's weekly newsletter (Sales Shape Up): https://app.hatchbuck.com/OnlineForm/61291734301 Dealmakers Program: https://dealmakerscre.com/ --  🔔  Subscribe: https://www.youtube.com/c/ChadGriffithsCRE?sub_confirmation=1  💻  LinkedIn: https://www.linkedin.com/in/chadgriffiths/  🙋 Chad Griffiths, MBA, SIOR NAI Commercial Real Estate Inc.   #industrialrealestate #commercialrealestate #alwaysbeprospecting

I had the pleasure of sitting down with Tyler Chesser, an active real estate investor and host of Elevate, a top 200 business podcast. 0:00 - Introduction   1:42 - Transitioning from the corporate world to real estate  5:29 - Getting into investing  8:33 - Challenges & obstacles in investing  13:22 - What makes a good opportunity?  17:58 - Real estate syndications  23:30 - Elevate: Top 200 Business Podcast  28:00 - The value of CCIM Elevate Podcast: https://elevatepod.com/CF  Capital: https://www.cfcapllc.com/ CCIM Institute: https://www.ccim.com --  🔔  Subscribe: https://www.youtube.com/c/ChadGriffithsCRE?sub_confirmation=1  💻  LinkedIn: https://www.linkedin.com/in/chadgriffiths/ 🙋 Chad Griffiths, MBA, SIOR NAI Commercial Real Estate Inc.

I had the pleasure of sitting down with Matt Kornack, Real Estate Equities Research Analyst with National Bank Financial.  We chatted about a number of topics pertaining to Canada's commercial real estate market! 0:00 - Introduction  0:20 - Review of the past year  3:50 - Why real estate is surging while some companies struggle  7:00 - Interest rates and inflation  12:15 - the office market  20:15 - the industrial market  33:18 - potential challenges to industrial Connect with Matt on LinkedIn: https://ca.linkedin.com/in/mattkornack -  🔔  Subscribe: https://www.youtube.com/c/ChadGriffithsCRE?sub_confirmation=1  💻  LinkedIn: https://www.linkedin.com/in/chadgriffiths/  🙋 Chad Griffiths, MBA, SIOR NAI Commercial Real Estate Inc.   #industrialrealestate #commercialrealestate #cre

I had the pleasure of interviewing Stephen Petasky to get his thoughts on owning real estate in several different markets.  While this isn't directly related to industrial real estate (the focus of my channel), Stephen offers a ton of great insight to investors of all types who are considering investing in other markets. 0:00 - Introduction  0:55 - Luxus Group background  4:50 - Becoming knowledgable in other markets  7:10 - Some of the challenges along the way  11:06 - Staying organized with so much data  12:53 - Process of exploring new markets  15:42 - What happens when you can't find a property  18:08 - Life cycle of an investment  20:57 - Managing out-of-town property investments  23:30 - Unexpected & hidden costs to watch for  26:00 - Luxus Group advisory services The Luxus Group: https://luxusgroup.com/ --  🔔 Subscribe: https://www.youtube.com/c/ChadGriffithsCRE?sub_confirmation=1  💻  LinkedIn: https://www.linkedin.com/in/chadgriffiths/  🙋 Chad Griffiths, MBA, SIOR NAI Commercial Real Estate Inc.

I had the pleasure of interviewing Justin Smith, author of Industrial Intelligence.  In addition to having an MBA and a Masters in Real Estate Development from USC, Justin has completed over 5 million square feet worth of industrial real estate transactions. We had a great chat about what companies can do and be prepared for when leasing industrial real estate: 0:00 - Introduction  0:25 - LA's Industrial market 5:24 - How companies can find space in tight markets  10:40 - The importance of a game plan  16:00 - Having a team involved  21:11 - Process of writing Industrial Intelligence Connect with Justin on LinkedIn: Justin Smith's website:  Industrial Intelligence: The Executive’s Guide for Making Informed Commercial Real Estate Decisions: https://amzn.to/3p7SXXn --  🔔  Subscribe: https://www.youtube.com/c/ChadGriffithsCRE?sub_confirmation=1  💻  LinkedIn: https://www.linkedin.com/in/chadgriffiths/  🙋 Chad Griffiths, MBA, SIOR NAI Commercial Real Estate Inc.

I had the pleasure of interviewing Calvin Schnure, Senior Vice President of Research and Economic Analysis at Nareit, to get this thoughts and insights into the current state of Real Estate Investment Trusts (REITs) and the commercial real estate market. 0:00 - Intro   0:33 - The past year of REITs   4:50 - State of the office market   13:03 - Retail recovery?   17:46 - The industrial industry & REITs  21:11 - Macro trends influencing the market  25:10 - Interest rates & cap rates  27:52 - Inflation & construction prices  30:21 - Signals to watch going forward  32:46 - Investing in REITs -- Find Calvin on LinkedIn: https://www.linkedin.com/in/calvin-schnure-a943b213 Calvin’s articles on Forbes: https://www.forbes.com/sites/calvinschnure/?sh=72b49521131d Nareit's website: https://www.reit.com/ --  🔔  Subscribe: https://www.youtube.com/c/ChadGriffithsCRE?sub_confirmation=1  💻  LinkedIn: https://www.linkedin.com/in/chadgriffiths/  🙋 Chad Griffiths, MBA, SIOR NAI Commercial Real Estate Inc.   #industrialrealestate #reits