Season 1, Episode 3: Jack and Alex delve into the latest commercial real estate headlines, including Biden's Rent Control Proposal, which aims to introduce a 5% annual cap on rent increases for major apartment landlords in order to maintain federal tax breaks. Plus, delinquencies and special servicing of multifamily loans backed by commercial mortgage-backed securities surged 185% in the past six months.    TOPICS 0:20 Introduction 4:03 Multifamily loans have surged 185% 7:27 Tides Equities' recent foreclosures 11:06 Student housing pre-leasing for Fall 2024 13:34 The effects of reevaluating college degrees 15:01 Vacancies in the retail market 18:10 Brookfield's future CEO 19:36 The effects of Joe Biden stepping down 26:15 How do owners react to a 5% cap? 28:54 SASB loans 37:14 RealPage forecasts rent growth 46:32 Federal Reserve's likely rate cuts   We want to thank our sponsor Viking Capital.             

Season 1, Episode 2: Welcome to No Cap by CRE Daily. Today, we're joined by Josh Sasouness, co-CEO of Dwight Capital, the nation's leading multifamily FHA/HUD lender.In this episode, we dive into Josh’s family background and upbringing, exploring the origins and rapid growth of Dwight Capital. We discuss the differences between HUD and agency financing and Josh’s transition from Greystone to Dwight, including personal stories about the two worst days of his life. Josh shares insights into Dwight Funding, the current market state, and opportunities in multifamily, healthcare investments, and development. We also cover geographic markets Josh is bullish on, predictions for the American economy, and media coverage.  Key takeaways in the episode:   01:29 — Intros 02:20 — Josh’s family background and upbringing 04:16 — Origins of Dwight Capital 07:19 — The secrets to growing Dwight Capital 08:39 — Difference between HUD and agency financing 11:24 — Transitioning from Greystone to Dwight 12:32 — The two worst days of Josh’s life were… 16:29 — What was day one at Dwight Capital like? 20:18 — Behind the magic of Dwight Funding 21:56 — State of the market and areas of opportunity 27:52 — Anticipating rate cuts and state of the American economy 31:22 — Performance of multi-family and healthcare investments 31:56 — Emerging opportunities in the development space 34:43 — Geographic markets Josh is bullish on 36:37 — Is media coverage overly negative? 42:51 — Predictions for the next 18 months 46:04 — Conclusion  We want to thank our sponsor Viking Capital. Tune in for insights, expert opinions, and a deep dive into the stories shaping commercial real estate today and tomorrow. 

Season 1, Episode 1: Welcome to No Cap by CRE Daily, the commercial real estate podcast that gives you an unfiltered look into the biggest trends in the industry and the money game behind it. Each week, co-hosts Jack Stone and Alex Gornik will break down the latest news from CRE Daily with some of the most influential and entertaining figures in commercial real estate.   Topics discussed:  0:00 - Introduction and Expectations 0:52 - Thoughts on “No Cap” 1:47 - The Goal of the Podcast 3:02 - KKR in the Market 4:55 - A huge hit for multi families 7:19 - Spending on Rent vs Owning 11:40 - Viking Capital 12:46 - Thoughts on underperforming CRE loans 15:11 - Pretend and extend 17:56 - San Francisco Office Market 23:48 - Viking Capital 24:14 - Goldman One’s Fundraise 28:57 - Dallas Office Market 31:21 - Work from Home Dynamics 35:47 - Bankruptcy of National Trucker U.S Logistics 39:12 - US Retail Leasing Market 43:34 - Fed’s Stress Test We want to thank our sponsor Viking Capital. Tune in for insights, expert opinions, and a deep dive into the stories shaping commercial real estate today and tomorrow.