The Distribution by Juniper Square

On this episode of The Distribution, Brandon Sedloff sits down with David Haber, a General Partner at Andreessen Horowitz where he focuses on technology investments in financial services.David was previously a senior executive in Firmwide Strategy at Goldman Sachs where he helped lead partnerships, new ventures and M&A. Before joining the firm, David was the Founder and CEO of Bond Street, which aimed to transform small business lending through technology, data, and design. Bond Street was acquired by Goldman Sachs in October 2017 as part of the firm’s digital finance business. Previously, David was a venture investor at Spark Capital and a founding associate of Locus Analytics, a start-up asset management firm.Links:a16z.com Juniper SquareBrandon on LinkedInProvide feedback for the podcastTopics:(00:00:00) - Intro(00:01:29) - David’s background and career(00:12:38) - Moving from entrepreneurship to a large organization(00:17:14) - What was the thinking behind making the jump from Goldman Sachs to a16z?(00:20:52) - The intersection of entrepreneurship and enterprise value company building(00:27:56) - David’s experience as a venture investor(00:29:42) - Defining Fintech(00:33:01) - How are you adding value to partners?(00:36:21) - What areas of Fintech are you most excited about?(00:38:56) - Thoughts on generative AI(00:41:47) - How are you gauging risk when underwriting an AI investment?(00:45:20) - Developing an investment thesis(00:47:36) - What are you excited about over the next 12 months?The views expressed here are those of the individual personnel quoted and are not the views of a16z or its affiliates. This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. Furthermore, this content is not directed at nor intended for use by any investors or prospective investors and may not under any circumstances be relied upon when making a decision to invest in any a16z funds. PLEASE SEE MORE HERE: https://a16z.com/disclosures/ 

In this episode, John Burns, founder and CEO of John Burns Research and Consulting, discusses the evolution of the single-family rental housing market, the impact of institutionalization on the industry, and the state of the new-home market. They also touch on consumer demand, leading indicators for the housing market, the rising interest rates, achieving affordability in housing, and predictions for the market in the next 12 months.

Jeff Giller, Head of StepStone Real Estate, discusses career lessons from downturns, co-mingling advisory and investment management, LP secondaries, forming investment theses, and anticipating changes in the real estate market in a conversation with Brandon Sedloff on The Distribution by Juniper Square.

Bert van den Hoek, Senior Portfolio Manager at Bouwinvest, discusses the importance of relationship-building in real estate, investments in life sciences and data centers, and a sustainable investing model. Topics include his investment philosophy, strategies in Europe and Asia, finding great managers, and predictions for the market over the next 24 months.

Sabina Reeves, Chief Economist & Head of Insights & Intelligence for CBRE Investment Management, discusses the impact of AI in the commercial real estate industry, geopolitical issues affecting CRE, demographic shifts, macroeconomic environments, US consumer debt, trends in asset classes, and the future of CRE and infrastructure technology.

In this episode of ​​The Distribution by Juniper Square, Brandon Sedloff spoke with Ilene Goldfine, Chief Digital Strategy Officer at Hines, one of the largest privately held real estate investors and managers in the world. In her role, Ilene is responsible for new digital strategy initiatives throughout the company, using technology and data to empower employees, engage clients and partners, optimize operations and transform their products and services.During their conversation, the two discussed: How technology is evolving to solve more meaningful problems The four pillars of Hines’ data strategy How data warehousing can change the real estate industry Links:Ilene on LinkedInHinesProvide feedback for the podcastTopics:(00:00:00) Intro(00:01:44) Ilene’s background and role at Hines(00:09:26) What does the organization look like today?(00:10:46) Who is the primary client you build for?(00:13:41) What makes Hines such a special place?(00:19:22) Defining Proptech(00:24:28) What pain points are you trying to solve for the end user?(00:29:53) What does the infrastructure of a data organization look like?(00:42:06) How do you think about change management?(00:49:02) Diversity of Thought(00:54:42) What are your thoughts on the market?

After 12 years as an operator (Bonobos, TellApart, Floored, CBRE), Dave is now a full-time investor with Zigg, a global investment organization with a singular mission: to accelerate the combination of real estate and technology, improving our collective quality of life, work, and community. On this episode, Brandon and Dave discuss: How Zigg sources deals The innovation of Real Estate Technology How Zigg approaches portfolio construction What needs to change in order for the industry to mass-adopt technological advancements Links:Zigg CapitalDave on LinkedIn & TwitterHello@Ziggcap.comJuniper SquareProvide feedback for the podcastBrandon on LinkedInTopics:(00:00:00) Intro(00:01:27) Dave’s background and Zigg Capital(00:04:26) - What are some of the big differentiators of the different chapters of your career?(00:08:30) What was your experience transitioning into entrepreneurship and becoming an operator?(00:12:17) Zigg Capital(00:18:22) How do you source deals?(00:20:05) Where do you think we are in the innovation of real estate technology?(00:23:03) Where are you seeing the highest level of technology adoption?(00:24:50) Are there niches where you hope the flywheel will start picking up?(00:27:42) How would you describe your approach to portfolio construction?(00:38:14) Where do you think capital will come from for those investing in real estate?(00:41:18) Why would a company select Zigg for capital?(00:47:42) What’s your take on AI and where we will be in the next decade from an innovation perspective?(00:51:32) What must change in order for the industry to achieve the Cambrian explosion?

Taylor Mammen, CEO of RCLCO Fund Advisors, discusses RFA's role in advising institutional investors post-financial crisis. The podcast covers RFA's data-driven approach, changing investor appetites for alpha, and the importance of communication in managing LP relationships. Topics include operational leverage, strategic investing, and navigating uncertainty in the US real estate market.

Lisa Picard is the former CEO of EQ Office and currently serves as an advisor to Sway Ventures. Lisa’s 25-year career spans nearly every area in real estate, having developed $8+ billion in complex ground-up projects. Most recently, she was the CEO of Blackstone’s office investment platform, EQ Office, leading the 200-person organization and strategy for a portfolio valued at over $27 billion. Lisa has a track record for innovative, high-quality projects that push the market in areas of customer experience and sustainability. Lisa holds two master's degrees from MIT and continues to lecture on topics including design thinking and mindful leadership, as well as driving innovation and understanding risk. Prior to Blackstone, she opened the West Coast office for Skanska Commercial Development, launching four development deals in five years valued at over $3 billion (with successful exits to institutional investors).Lisa has also held leadership positions at Canyon Ranch Resorts and Hines and spent several years developing investment strategies for three different institutional funds on new and existing multifamily and industrial assets.Links:Lisa on LinkedInLisa's Medium pageBrandon on LinkedInJuniper SquareProvide feedback for the podcastTopics:(00:02:25) Lisa’s background and career(00:14:00) What was your experience at Blackstone and moving into PE from development?(00:21:49) Leadership Lessons from the Pandemic(00:24:46) What are you hoping to unlock in real estate through technology?(00:33:21) What should founders know about the RE technology sector?(00:37:20) What are you predicting for the future of Office?(00:46:33) What is your thesis on the fundamental health of gateway cities?(00:50:13) What happens to some of these obsolescent assets?(00:52:57) What advice would you give to operators?

In this episode of The Distribution by Juniper Square, Brandon Sedloff sat down with David Howard, CEO of the National Rental Home Council (NRHC). Founded in 2014, NRHC is a non-partisan organization dedicated to advocating on behalf of the single-family rental (SFR) industry. As CEO, David is responsible for managing all aspects of NRHC’s operating priorities and directing the organization’s legislative and public policy objectives.During their conversation, the two discussed:  How SFR compares to traditional multifamily properties Trends in the SFR market, including the difference between scattered sites and build-to-rent  The affordability crisis and other trends driving demand for single-family rentals Links:David on LinkedInThe National Rental Home CouncilBuildforrenthomes.comDhoward@rentalhomecouncil.orgBrandon on LinkedInProvide feedback for the podcast Topics:(00:01:18) David’s career and background(00:09:31) What is rental housing and how do you differentiate SFR and build to rent?(00:20:44) What are you seeing in supply vs. demand for rental housing?(00:29:52) Is there a new category of renters-for-life?(00:35:14) Do you see any Multifamily firms merging into SFR?(00:40:02) What is some advice for folks in multifamily looking to get into residential?(00:46:23) Why has rental housing become politicized?