The Distribution by Juniper Square

Nick Bienstock, CEO and Co-Chairman of Savanna, shares his transformative journey in real estate and the strategic evolution of his firm. He opens up about the current dynamics of the New York office market post-COVID, highlighting the divide between premium and lower-quality properties. Tune in to discover how institutional investors are cautiously re-entering the space and the booming prospects in West Palm Beach, including Savanna's exciting new development. Nick’s insights on market trends and the future of urban real estate are both informative and engaging!

Jeff Feinstein, Founder and Managing Partner of Pinnacle Partners, dives into the transformative world of opportunity zone investing. From his tech roots to real estate, Jeff explains how tax policies shaped his journey. He discusses the evolution of opportunity zones, including the recent OZ 2.0 legislation, highlighting the benefits and risks involved. Jeff shares insights on constructing strong partnerships, the focus on institutional-quality multifamily developments, and the exciting possibilities in rural zones. Tune in for a deep understanding of this evolving investment landscape!

David Robertson, CEO and CIO of FrontRange Capital, shares his unique journey from the entertainment industry to real estate investment. He discusses the evolution of strategic capital, emphasizing the importance of partner alignment and integrity in achieving long-term success. Robertson also highlights how co-GP capital can accelerate operator growth and enhance returns. He reflects on the historical impact of 1990s REIT legislation and expounds on the growing role of GP stakes investing, showcasing how personal fit drives effective partnerships.

Wade Madden, CEO of Olympus Property, brings his extensive experience in risk management and entrepreneurship to the forefront of multifamily real estate. He discusses how a culture-driven approach has enabled Olympus to scale to 36,000 units and $9B in assets. Emphasizing servant leadership and bottom-up budgeting, he illustrates how these practices lead to better performance. Wade also highlights the integration of AI to empower teams and shares insights from their partnership with Ritz-Carlton to enhance customer service, revealing why people truly matter in driving operational success.

Eric Resnick, CEO of KSL Capital Partners, shares his journey from a ski enthusiast to a leader in travel investment. He discusses how KSL evolved from its recreation roots to encompass a global reach in hospitality. Key topics include insights on the Ikon Pass, aligning real estate with operational excellence, and current trends in luxury travel and wellness. Eric emphasizes the importance of authenticity and agility in leadership while exploring how AI is reshaping guest experiences. His passion reflects a unique blend of business acumen and love for leisure.

Aasif Bade, the founder and CEO of Ambrose, shares his inspiring journey from a childhood influenced by warehouse visits to launching a leading industrial real estate firm during the financial crisis. He discusses the evolution of modern industrial design and the impact of automation on supply chains. Aasif explains the strategic shift from deal-by-deal partnerships to a $400 million discretionary fund, while also addressing how reshoring and geographic investment strategies are driving demand in non-coastal markets.

Alex Robinson, CEO and co-founder of Juniper Square, dives into how AI is transforming private markets. He discusses the strategic acquisition of Tenor Digital and the rise of private credit. Alex explains foundational AI breakthroughs and the critical role of prompt engineering for accuracy. He contrasts knowledge work with human interactions, predicting that AI will automate routine tasks while preserving essential human relationships. Finally, he urges GPs to embrace AI now, highlighting the importance of adaptability in the face of technological change.

In a captivating discussion, Katie Riester, Managing Director at Felicis Ventures, shares insights from her 15+ years as an institutional investor. She reveals how she transitioned from traditional finance to shaping venture capital dynamics. Katie elaborates on the evolving relationship between LPs and GPs, emphasizing transparency and authenticity. She also discusses the characteristics of successful AI-native founders and Felicis' unique approach to supporting them through initiatives like the founder pledge, all while adapting to new technology waves.

Carlos Rodriguez, Jr., Founder and COO of Driftwood Capital, shares his family's journey from Costa Rica's first Holiday Inn to a leading hospitality investment platform. He discusses how Driftwood’s GP fund structure enables growth and institutional investing. Key topics include the impact of data technology through Project Domino, the role of AI in enhancing guest experiences, and the unique opportunities in private credit for hospitality. Carlos emphasizes adaptability and strategic leverage in the evolving market.

Saul Goldstein, Founder and CEO of ActivumSG, shares his intriguing journey from studying Japanese to leading a European real estate investment firm. He discusses navigating distressed markets and the entrepreneurial leap of founding ActivumSG during the 2008 crisis. The conversation highlights operational alpha and the importance of a decentralized team structure, emphasizing culture and curiosity. Saul also provides insights into the current European real estate landscape, touching on macroeconomic factors and market cycles that shape investment opportunities.