The Walker Webcast

In this episode, Willy interviews Ivy Zelman, whose research, analysis, and advice concerning the housing market have earned her a formidable reputation as an analyst in the field. Willy first asks Ivy how she would choose to invest a million dollars in the housing market. Ivy would take a sort of hybrid approach, investing in assets in Cleveland, OH, as well as in Boise, ID. (1:11-2:40) Willy’s interest in Ivy’s hometown extends into his next question, as he asks her to share her background. She describes how, through her father and her father’s line of work, she learned valuable principles of business savvy and weighing risk. (2:41-4:12) Moving forward, Ivy spent six years working through her undergrad, including working at Arthur Young during the day while she attended school at night. Colleagues recommended that she pursue work on Wall Street rather than in accounting, and she landed at Salomon Brothers in investment banking before eventually transitioning into equity research at the same company. (4:13-7:53) A hard-working analyst who built a strong network and was bold and willing to ask tough questions, Ivy speaks to how she set herself apart in her field. (7:54-10:25) In 2007, she, her husband, and Dennis McGill founded their startup, and Ivy explains the timing of the transition before turning to questions pertaining to the housing market. (10:26-12:50) Continuing their look to the past, Willy and Ivy consider some of Ivy’s housing projections from 2011-2013, which bore out in different ways in the ensuing years. (12:51-15:11) Moving to the present, Willy and Ivy discuss whether circumstances they’ve just discussed from the previous decade are similar or different to circumstances of the COVID-19 pandemic. (15:16-17:29) Ivy addresses the place of FHA loans, single-family credit availability, the COVID-inspired push for space and distance, dynamics of affordability, and rate projections. (17:30-22:28) The two discuss numbers pertaining to single- and multi-family home markets, and work through relevant factors of a decrease in urban living, the need to clear out a multi-family backlog, and questions of foreclosure. (22:29-34:28) Willy then draws attention to two shifts: the shift to remote working and a blue/red state shift. (34:29-43:40) As the conversation moves toward a close, Ivy speaks to current issues surrounding unemployment, risks to builders, and investment in workforce housing. (43:41-57:12)GET NOTIFIED about upcoming shows: » Subscribe to our YouTube channel here: https://www.youtube.com/channel/UC5jhzGBWOTvQku2kLbucGcw » See upcoming guests on the #WalkerWebcast here: https://www.walkerdunlop.com/webcasts/Listen to the replay!If you have any comments or questions, please reach out to your main Walker & Dunlop point of contact. We are all available to answer questions and provide assistance. Additionally, if you have topics you would like covered during one of our future webcasts, we would be happy to take your suggestions. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, Willy speaks with guests Bobby Turner and Chris Paul, focusing on their work pursuing social justice through Turner Impact Capital and other ventures. 0:48 - Willy shares who his guests will be, but wants to share a few things before the interview. 6:59 - Willy addresses Bobby, introducing him and asking about social impact investing. 11:45 - The conversation turns to Bobby’s first fund - way back in 1998! 14:56 - Bobby addresses the diversity of his team at Turner Impact. 17:01 - Willy asks Bobby to get into what his model provides at the property level. 24:38 - Chris enters the conversation, and Willy asks him about his partnership with Bobby. 26:53 - Chris talks about settling on a focus and working in cooperation. 31:10 - The current moment presents a unique opportunity. 34:31 - The group considers the application of the basketball model, as well as some stories. 41:58 - The conversation turns to education. 49:27 - Chris talks leadership in the Bubble, travel, and bowling. Listen now!GET NOTIFIED about upcoming shows: » Subscribe to our YouTube channel here: https://www.youtube.com/channel/UC5jhzGBWOTvQku2kLbucGcw » See upcoming guests on the #WalkerWebcast here: https://www.walkerdunlop.com/webcasts/Listen to the replay!If you have any comments or questions, please reach out to your main Walker & Dunlop point of contact. We are all available to answer questions and provide assistance. Additionally, if you have topics you would like covered during one of our future webcasts, we would be happy to take your suggestions. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, Willy interviews Andy Florance, the Founder, Director, President, and CEO of CoStar Group, Inc. He and Willy have a spirited conversation about commercial real estate markets and what Andy and his organization are seeing today as they work the markets. 0:48 - Willy introduces the episode and his guest, Andy Florance. 1:12 - First, Willy wants to speak with John Rice. 2:22 - Willy asks for ideas on how to act and lead, and John details three. 8:18 - Willy explains some steps toward diversity Walker & Dunlop has taken. 13:32 - Turning to Andy, Willy starts the interview with a fun fact! 15:01 - What was the genesis of Realty Info Group? 17:22 - Why the name change to CoStar? 18:52 - Andy fields a question from Brian Coulter about Jeff Goldblum. 21:37 - What’s been the biggest driver of CoStar’s success? 25:39 - Andy focuses not only on data, but also on community and standards. 28:45 - Willy asks about acquisitions and asset classes, starting with LoopNet and office space. 35:45 - Next, Willy turns to Apartments.com and the asset class of apartments. 49:29 - The two consider hospitality and STR. 53:34 - Finally, Willy introduces Ten-X and its work in online property sales. Listen now!GET NOTIFIED about upcoming shows: » Subscribe to our YouTube channel here: https://www.youtube.com/channel/UC5jhzGBWOTvQku2kLbucGcw » See upcoming guests on the #WalkerWebcast here: https://www.walkerdunlop.com/webcasts/Listen to the replay!If you have any comments or questions, please reach out to your main Walker & Dunlop point of contact. We are all available to answer questions and provide assistance. Additionally, if you have topics you would like covered during one of our future webcasts, we would be happy to take your suggestions. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, Willy speaks with guest Glenn Youngkin. Glenn was Co-CEO of The Carlyle Group, a Washington, D.C.-based global investment management firm. 0:48 - Willy shares who his guests will be, but wants to share a few things before the interview. 10:48 - Willy introduces guest Glenn Youngkin and asks how he ended up at the Carlyle Group. 16:56 - Glenn discusses where he sees the economy and upcoming opportunities. 20:24 - What can the Asia model tell us about US recovery? 34:14 - Willy asks Glenn about investing in energy. 44:54 - Glenn discusses The Carlyle Group’s ESG leadership. 50:44 - Willy asks Glenn about economic inflation. Listen now!GET NOTIFIED about upcoming shows: » Subscribe to our YouTube channel here: https://www.youtube.com/channel/UC5jhzGBWOTvQku2kLbucGcw » See upcoming guests on the #WalkerWebcast here: https://www.walkerdunlop.com/webcasts/Listen to the replay!If you have any comments or questions, please reach out to your main Walker & Dunlop point of contact. We are all available to answer questions and provide assistance. Additionally, if you have topics you would like covered during one of our future webcasts, we would be happy to take your suggestions. Learn more about your ad choices. Visit megaphone.fm/adchoices

President and CEO of Walker & Dunlop talks with the CEO of Starwood Capital Group, Barry Sternlicht during this installment of Walker Webcast. Willy and Barry discuss the CRE market’s performance, asset class performance across Starwood’s vast holdings and investments, the path forward for our country and economy, and where and when investment opportunities could present themselves.GET NOTIFIED about upcoming shows: » Subscribe to our YouTube channel here: https://www.youtube.com/channel/UC5jhzGBWOTvQku2kLbucGcw » See upcoming guests on the #WalkerWebcast here: https://www.walkerdunlop.com/webcasts/Listen to the replay!If you have any comments or questions, please reach out to your main Walker & Dunlop point of contact. We are all available to answer questions and provide assistance. Additionally, if you have topics you would like covered during one of our future webcasts, we would be happy to take your suggestions. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, Willy speaks with guest Mary Erdoes, Chief Executive Officer of JP Morgan Chase's Asset & Wealth Management line of business. 0:48 - Willy shares who his guests will be, but wants to share a few things before the interview. 5:08 - Willy introduces Mary and asks her to compare her duties a year ago to today in the pandemic. 13:44 - Mary talks about JPMorgan’s economic forecast. 21:52 - China is handling reopening very differently than America, Willy and Mary discuss the differences. 27:15 - Mary and Willy discuss how to fight work from home and Zoom fatigue. 34:08 - Mary explains how JPMorgan is gathering and analyzing COVID data. 43:05 - Willy wonders what it’s like working for JPMorgan CEO Jamie Dimon. 49:51 - Mary shares where she and JPMorgan are looking for opportunities. Listen now! GET NOTIFIED about upcoming shows: » Subscribe to our YouTube channel here: https://www.youtube.com/channel/UC5jhzGBWOTvQku2kLbucGcw » See upcoming guests on the #WalkerWebcast here: https://www.walkerdunlop.com/webcasts/Listen to the replay!If you have any comments or questions, please reach out to your main Walker & Dunlop point of contact. We are all available to answer questions and provide assistance. Additionally, if you have topics you would like covered during one of our future webcasts, we would be happy to take your suggestions. Learn more about your ad choices. Visit megaphone.fm/adchoices