The Crexi Commercial Real Estate Podcast: Conversations in All Things CRE cover image

The Crexi Commercial Real Estate Podcast: Conversations in All Things CRE

Latest episodes

undefined
Feb 14, 2024 • 57min

The Competitive Advantage of Social Media

This episode explores exciting new marketing trends and the business advantages of storytelling with Jade Shenker, Commercial Agent at SERHANT. The Crexi Podcast explores various aspects of the commercial real estate industry in conversation with some of the top CRE professionals in the space. In each episode, we feature different guests to tap into their wealth of CRE expertise and explore the latest trends and updates from the world of commercial real estate. In this episode, Crexi's Ashley Kobovitch dives into the world of commercial real estate with strategy specialist and top 30 under 30 NAR advisor, Jade Shanker. Showcasing her experiences as a broker in New York City managing over 500 million in luxury assets, Jade shares how she utilizes a unique approach to providing her clients, including celebrities and luxury brands, the best service possible. Jade also emphasizes the power of social media and digital platforms in the real estate industry, and provides valuable advice for people entering the business. Their wide ranging conversation includes:00:04 Introduction and Guest Background01:33 Jade's Journey into Commercial Real Estate04:09 The Importance of Creativity and Failure in Real Estate10:13 Building and Maintaining Client Relationships13:34 Working with High-End Clients and Brands22:19 Creating Value for Clients and Favorite Transactions28:10 Leveraging Social Media in Commercial Real Estate29:04 The Power of Social Media in Real Estate29:20 Personal Experiences and Success Stories30:31 The Importance of Being Authentic and Engaging31:18 The Art of Capturing Attention31:45 The Impact of Personal Connection33:00 The Role of Social Media in Commercial Real Estate33:53 Advice for Younger Brokers and Newcomers36:51 Current State of the Commercial Real Estate Market37:10 Opportunities and Challenges in the Current Market43:23 Advice for Investors and Brokers50:37 Misconceptions about the Industry53:40 Final Thoughts and Sign-offs About Jade Shenker:Jade Shenker is a NYC socialite and strategist who's made her name as an NAR Top 30 Under 30 real estate advisor and investor.After managing $500M+ in luxury assets, Jade joined the SERHANT team, focusing on commercial, investment, and ultra-luxurious unique assets. Jade's high-profile clients include athletes, Grammy-nominated producers, LVMH brands, Dom Perignon, Netflix actors, and fashion icons.Raised by NYC real estate developers, she's served as a board member for planning and zoning committees. Her media team's combined platform currently hits around 20 million viewers nationwide. If you enjoyed this episode, please subscribe to our newsletter and enjoy the next podcast delivered straight to your inbox.  For show notes, past guests, and more CRE content, please check out Crexi’s blog. Ready to find your next CRE property? Visit Crexi and immediately browse 500,000+ available commercial properties for sale and lease. Follow Crexi:https://www.crexi.com/​ https://www.crexi.com/instagram​ https://www.crexi.com/facebook​ https://www.crexi.com/twitter​ https://www.crexi.com/linkedin​ https://www.youtube.com/crexi
undefined
Feb 7, 2024 • 54min

Decoding NYC's Commercial Real Estate Investment Market

This episode covers lessons learned from decades of success in NYC’s commercial real estate with Stephen Preuss, Vice Chairman, Investment Sales at RIPCO Real Estate.The Crexi Podcast explores various aspects of the commercial real estate industry in conversation with some of the top CRE professionals in the space. In each episode, we feature different guests to tap into their wealth of CRE expertise and explore the latest trends and updates from the world of commercial real estate. In this episode, Crexi's Ashley Kobovitch sits with Stephen to discuss his journey from financial markets to commercial real estate, and approaching brokerage from an entrepreneurial mindset. They also cover valuable insights on the New York City market, broader national CRE trends, and the importance of assembling the best possible team around you for long-term success.  Their wide-ranging conversation includes: Introduction and Guest BackgroundStephen Preuss' Career JourneyLessons Learned and Daily HabitsBuilding a Successful TeamCreating Value for Clients and Memorable TransactionsPresent Day: Work at RIPCO and Industry ThoughtsThe Power of Hands-On Training and Open WorkspacesThe Future of RIPCO: Expansion and Market DominationThe Current State of the Commercial Real Estate LandscapeThe Future of New York City's Real Estate MarketThe Impact of Current Macroeconomic Factors on Real EstateInvestment Strategies and Advice for the Current MarketThe Importance of Building the Right Team in Real EstateFinal Thoughts and Sign-offs About Stephen Preuss:Stephen R. Preuss Sr is Vice Chairman at RIPCO Real Estate and leads their Investment Sales Division, where he focuses on Capital Markets for the Tri-State & New York Metropolitan Area. Stephen joined RIPCO Real Estate in 2021 as the highest-producing investment sales broker in Queens and one of the most successful capital market producers in NYC. Stephen’s team consists of highly experienced members, including several partners, senior brokers, an entire support staff, marketing and analytical professionals; all with a diverse expertise throughout NYC & The Outer-Boroughs, New Jersey, Long Island & Connecticut.Over his nearly 20-year career, Stephen has achieved an ambitious track record with over 750 executed transactions with a total dollar volume of nearly $8 billion of investment and commercial real estate properties while consistently performing over 500 yearly property valuations and handling 60+ exclusive assignments at any given time. Stephen is widely recognized as the #1 top performer in the NYC outer-boroughs and is currently expanding that extraordinary success throughout the Tri-State marketplace.He is a key contributor to multiple major publications, including Commercial Observer & Bisnow, among several other regional and national publications. In addition, he is a regular speaker/panelist on annual prestigious panels, including several Brooklyn, Queens and Long Island Forums. Stephen is a board member of the Queens Community House, executive board member of the Queens Chamber of Commerce, and a main contributor to several other not-for-profit organizations, including the Long Island City Partnership, Greater Flushing Chamber of Commerce, Chinese Business Association, and the Chinese American Planning Council. If you enjoyed this episode, please subscribe to our newsletter and enjoy the next podcast delivered straight to your inbox.  For show notes, past guests, and more CRE content, please check out Crexi’s blog. Ready to find your next CRE property? Visit Crexi and immediately browse 500,000+ available commercial properties for sale and lease. Follow Crexi:https://www.crexi.com/​ https://www.crexi.com/instagram​ https://www.crexi.com/facebook​ https://www.crexi.com/twitter​ https://www.crexi.com/linkedin​ https://www.youtube.com/crexi
undefined
Jan 31, 2024 • 1h 3min

Marketing, Managing, and Making Business

This episode explores key philosophies and lessons learned from brokerage and CRE marketing with Ron Cohen, Chief Sales Officer at Besen Partners.The Crexi Podcast explores various aspects of the commercial real estate industry in conversation with some of the top CRE professionals in the space. In each episode, we feature different guests to tap into their wealth of CRE expertise and explore the latest trends and updates from the world of commercial real estate. In this episode, Crexi's Ashley Kobovitch sits with Ron to deep-dive into his two-decade-long journey in the commercial real estate sector, explaining his transition from the advertising industry and the lessons he learned over time. They also cover valuable insights on the New York City market, the importance of maintaining client relationships, and advises on how to weather the uncertainties and challenging dynamics in the CRE market.  Their wide-ranging conversation includes: Introduction and Guest BackgroundRon’s Journey into Commercial Real EstateInfluential Mentors and Lessons LearnedThe Importance of Client Communication and TrustThe Power of Persistence and One More EffortBuilding a Successful Team at Besen PartnersBalancing Brokerage and Team LeadershipTraining and Developing a High-Performing TeamLearning from Others and Classroom TrainingState of the Market: An OverviewChallenges in the Commercial Real Estate MarketImpact of Black Swan Events on the MarketAsset Classes: Multifamily, Industrial, Office, and HotelControversial Thoughts on the Current MarketShort-term and Long-term Market OutlookAdvising Clients through Current Economic TimesRapid Fire Questions: Investment Strategies and Industry MisconceptionsAnd much more! About Ron Cohen:Ron runs the investment sales brokerage at Besen Partners and is responsible for revenue, business development, and talent management. He joined Besen Partners in 2003 as an Investment Sales Associate and has brokered sale transactions in Manhattan, Brooklyn and The Bronx. In 2008, Ron added the role of Chief Marketing Officer and was also charged with working with the sales team to grow the number of exclusive assignments. In 2016 he was appointed Chief Sales Officer to fully focus on growing revenue and leading the sales team. He holds a Broker license in NY, NJ and CT.  Before entering commercial real estate, Ron spent a decade as an account management professional in advertising. As Vice President/Group Account Director at D’Arcy Masius Benton & Bowles (DMB&B), he partnered closely with Fortune 100 clients such as Procter & Gamble, Kraft Foods, and Philips Electronics to develop marketing strategies and implement multimillion-dollar ad campaigns for well-known consumer brands such as Crest and Norelco. Ron is an active member of the New York real estate community and has held various leadership roles. He is a member of Israel Bonds Real Estate division, and is a former Chairman of the Young Mortgage Bankers Association (YMBA). In addition to participating on the St. Jude Spirit of Hope Committee, Ron supports charitable causes, including the Food Bank of New York, UNICEF, and Covenant House. He is a native New Yorker who graduated from the State University of New York at Oneonta and holds an MBA in Marketing/International Business from Fordham University Gabelli Graduate School of Business. If you enjoyed this episode, please subscribe to our newsletter and enjoy the next podcast delivered straight to your inbox.  For show notes, past guests, and more CRE content, please check out Crexi’s blog. Ready to find your next CRE property? Visit Crexi and immediately browse 500,000+ available commercial properties for sale and lease. Follow Crexi:https://www.crexi.com/​ https://www.crexi.com/instagram​ https://www.crexi.com/facebook​ https://www.crexi.com/twitter​ https://www.crexi.com/linkedin​ https://www.youtube.com/crexi
undefined
Jan 24, 2024 • 1h 1min

The Boutique CRE Advisory Advantage

This episode highlights the necessity of high-quality service and relationship-centric strategies with David Chasin, CEO of Pegasus Investments.The Crexi Podcast explores various aspects of the commercial real estate industry in conversation with some of the top CRE professionals in the space. In each episode, we feature different guests to tap into their wealth of CRE expertise and explore the latest trends and updates from the world of commercial real estate. In this episode, Crexi's Yannis Papadakis sits with David to cover thought-provoking insights into the advantages of a holistic, relationship-driven strategy in overseeing assets, instead of transaction-based methods. Evoking vital lessons gleaned from both victories and setbacks, Chasin emphasizes the necessity of adapting to innovative technologies and shares insights into the future of the CRE sector. Their wide-ranging conversation includes:Introduction to The Crexi PodcastMeet the Guest: David Chasin, CEO of Pegasus InvestmentsDavid Chasin's Journey into Commercial Real EstateThe Role of Luck and Opportunity in SuccessThe Importance of Mentorship and Learning from MistakesThe Evolution of Pegasus InvestmentsThe Unique Approach of Pegasus InvestmentsThe Impact of COVID-19 on Commercial Real EstateThe Current State of the Commercial Real Estate SectorThe Importance of Real-Time Information in SalesCurrent Market Trends and Seller FlexibilityControversial Thoughts on the Current MarketAdvice for Sellers and Buyers in the Current MarketThe Importance of Timing in Real EstateOpportunities for Buyers in the Current MarketRapid Fire Questions: Investment Strategies and ToolsThe Need for Evolution in the Commercial Real Estate Industry About David Chasin:As CEO of Pegasus Investments, David Chasin oversees all aspects of the firm’s comprehensive real estate advisory platform. He specializes in the acquisition and disposition of net leased retail properties throughout the country and provides a full range of investment advisory services to his clients, which range from 1031 exchange buyers and high net worth individuals to publicly traded REITs, life insurance companies, pension fund advisors and family offices. The Pegasus platform is able to fulfill its clients' property management leasing project and construction management, entitlements, tax appeals, and debt financing needs.Mr. Chasin received his B.A. in Economics from the University of Southern California in 2004, where he was elected Senator of the Associated Student Body. Prior to transferring to the University of Southern California in 2002, Mr. Chasin attended the University of California, Berkeley, where he studied Political Science, Economics and Business Administration. Mr. Chasin is active in various community and charitable organizations throughout Los Angeles, most notably the Jewish Federation of Greater Los Angeles. Mr. Chasin has served as Vice Chair of the Real Estate and Construction Division’s dinner committee within the Jewish Federation and continues to play an active role within its leadership. Mr. Chasin resides in the Brentwood neighborhood of Los Angeles with his wife, Meredith, daughter, Willa, and son, Spencer. If you enjoyed this episode, please subscribe to our newsletter and enjoy the next podcast delivered straight to your inbox.  For show notes, past guests, and more CRE content, please check out Crexi’s blog. Ready to find your next CRE property? Visit Crexi and immediately browse 500,000+ available commercial properties for sale and lease. Follow Crexi:https://www.crexi.com/​ https://www.crexi.com/instagram​ https://www.crexi.com/facebook​ https://www.crexi.com/twitter​ https://www.crexi.com/linkedin​ https://www.youtube.com/crexi
undefined
Jan 17, 2024 • 51min

The Many Niches of Net Leases

This episode uncovers the shifting landscape and ample opportunities in the net lease investment space with Karly Iacono, SVP of CBRE’s Capital Markets, Investment Properties.The Crexi Podcast explores various aspects of the commercial real estate industry in conversation with some of the top CRE professionals in the space. In each episode, we feature different guests to tap into their wealth of CRE expertise and explore the latest trends and updates from the world of commercial real estate. In this episode, Crexi's Ashley Kobovitch sits with Karly to gain an insider's look into the net lease property market, detailing shifts in the sector and projecting future trends. She emphasizes the importance of being a value-add broker and an advisor to clients during the current volatile market situation. Their wide-ranging conversation includes:Introduction and Guest BackgroundKarly Iacono's Journey into Commercial Real EstateLessons Learned and Early Career ExperiencesFavorite Transactions and Client ExperiencesMarketing Strategies and Relationship BuildingWork Ethic and Daily HabitsInnovation in Commercial Real Estate and Future ProofingNet Lease Market OverviewChallenges in the 1031 MarketInvesting in Branded Net Lease PropertiesOverview of Net Lease Assets and Exciting NichesThe Future of MedtailUnderstanding the Fundamentals of New SectorsThe Impact of Increasing Costs on the CRE SectorNavigating the Current Market LandscapePredictions for the CRE Sector in 2024Advice for Young CRE ProfessionalsRapid Fire Questions: Investing, Learning, and Tools About Karly Iacono:Karly Iacono is a Senior Vice President in CBRE’s Capital Markets, Investment Properties group. She is also a senior advisor within the exclusive Net Lease Property group, comprising a national team of top-level brokers located in major metropolitan areas across the United States that specialize in transacting single-tenant assets and net-lease portfolios nationwide. Karly is an expert at structuring corporate sale-leasebacks and advising clients on single and multi-tenant retail development projects. In addition to her national net lease practice, she also focuses on executing multi-tenant retail investment sales in the Northeast, while advising her clients professionally and with integrity in all aspects of the transaction. If you enjoyed this episode, please subscribe to our newsletter and enjoy the next podcast delivered straight to your inbox.  For show notes, past guests, and more CRE content, please check out Crexi’s blog. Ready to find your next CRE property? Visit Crexi and immediately browse 500,000+ available commercial properties for sale and lease. Follow Crexi:https://www.crexi.com/​ https://www.crexi.com/instagram​ https://www.crexi.com/facebook​ https://www.crexi.com/twitter​ https://www.crexi.com/linkedin​ https://www.youtube.com/crexi
undefined
Jan 10, 2024 • 1h 3min

Building a Self-Storage Empire

This episode explores valuable insights into self-storage investing strategies with Fernando Angelucci, CEO and co-founder of Self-Storage Syndicated Equities.The Crexi Podcast explores various aspects of the commercial real estate industry in conversation with some of the top CRE professionals in the space. In each episode, we feature different guests to tap into their wealth of CRE expertise and explore the latest trends and updates from the world of commercial real estate. In this episode, Crexi's Taylor Curtiss sits with Fernando to discuss key elements of the self-storage sector, such as market trends, untapped potentials, and misconceptions. The conversation also covers broader aspects of Fernando's personal life and entrepreneurial strategies, including lifestyle shifts, the effects of the pandemic, and future predictions for 2024.  Their wide-ranging conversation includes:Introduction and Guest BackgroundFernando's Journey into Commercial Real EstateChallenges and Successes in Real Estate InvestingTransition to Self-Storage and Business GrowthThe Importance of Balance and Personal GrowthThe Benefits and Challenges of Remote WorkInsights into the Self-Storage MarketThe Impending Debt Crisis and Opportunities for InvestorsThe Challenges of Finding Deals in the Current MarketThe Shift from Acquisition to DevelopmentThe Impact of Changing Valuations and Seller FinancingThe Role of Brokers and Market PredictionsThe Impact of Economic Trends on Self-StorageInvestment Principles and Business CollaborationsThe Impact of Economic and Geopolitical Trends on Self-StorageChallenges and Opportunities for Self-Storage InvestorsRapid Fire Questions: Investment Strategies and Industry MisconceptionsFinal Thoughts and Contact InformationAnd much more! About Fernando Angelucci:Fernando Angelucci is the Co-Founder and President of Self-Storage Syndicated Equities. As President, Fernando is involved with all aspects of the business, including overall investment strategy, investor relations, asset analysis, and asset management. Fernando is a thought leader in the self storage industry, regularly featured at industry conferences and interviewed on hundreds of podcasts. Fernando earned a Bachelor of Science in Technical Systems Management from University of Illinois at Urbana – Champaign. If you enjoyed this episode, please subscribe to our newsletter and enjoy the next podcast delivered straight to your inbox.  For show notes, past guests, and more CRE content, please check out Crexi’s blog. Ready to find your next CRE property? Visit Crexi and immediately browse 500,000+ available commercial properties for sale and lease. Follow Crexi:https://www.crexi.com/​ https://www.crexi.com/instagram​ https://www.crexi.com/facebook​ https://www.crexi.com/twitter​ https://www.crexi.com/linkedin​ https://www.youtube.com/crexi
undefined
Jan 3, 2024 • 1h 24min

Molding a Market-Proof Team with Matthews

This episode explores key lessons and essential discipline to create a winning brokerage career with Kyle Matthews, CEO and Founder of Matthews REIS.The Crexi Podcast explores various aspects of the commercial real estate industry in conversation with some of the top CRE professionals in the space. In each episode, we feature different guests to tap into their wealth of CRE expertise and explore the latest trends and updates from the world of commercial real estate. In this episode, Crexi's Eli Randel sits with Kyle to walk through his early career path, discusses the story behind Matthews REIS and the efficiency that sets them apart, dives into the current industry trends, and covers the importance of overcoming one's 'hard life' through hard work to carve out success. Their wide-ranging conversation includes:Introduction and WelcomeGetting to Know Kyle MatthewsKyle's Childhood and Family BackgroundGrowing Up as a MatthewsKyle's Early Interest in Real EstateKyle's College Years and Early CareerChallenges and Lessons in Kyle's Brokerage CareerTransition to Building a Brokerage BusinessThe Birth and Growth of Matthews REISThe Competitive Nature of Top AgentsThe Importance of Teamwork and Competition in BrokerageThe Unique Support System at MatthewsState of the Commercial Real Estate IndustryAdvice for Young Listeners Entering the IndustryAnd much more!About Kyle Matthews: Kyle Matthews leads Matthews Real Estate Investment Services™, a commercial real estate and technology firm with 18 offices and over 600+ personnel nationwide. The firm is a leader in commercial real estate brokerage providing advisory services in transactions, leasing, and debt/capital markets. Since Kyle founded the company in 2015, Matthews™ has become the fastest-growing commercial real estate firm in the country, is the largest privately held brokerage platform in the U.S., and has successfully closed over 14,600+ transactions totaling $41 billion in sales volume.Kyle has an extensive background in the industry, with an aggregate value of $9 billion in transaction volume. In 2022 alone, Kyle led Matthews™ to complete $14.25 billion in sales, closing over 4,500 transactions, a 56.4 percent increase year-over-year. Prior to starting Matthews™, Kyle served as Vice President of Investments and thereafter as Executive Vice President at two publicly traded commercial real estate brokerage firms. In each of these roles, he was recognized for his client-focused commitment to results and ability to train and mentor teams to execute top sales. As a producer, he was viewed as an authority in the field of private client capital transactions, as well as the top performer industry-wide in both the shopping center and net leased transactions. Kyle has an extensive list of notable clients, including most of the largest global institutional real estate companies, in addition to U.S.-based publicly-traded REITs, private equity funds, development companies, and high net-worth private family offices. If you enjoyed this episode, please subscribe to our newsletter and enjoy the next podcast delivered straight to your inbox.  For show notes, past guests, and more CRE content, please check out Crexi’s blog. Ready to find your next CRE property? Visit Crexi and immediately browse 500,000+ available commercial properties for sale and lease. Follow Crexi:https://www.crexi.com/​ https://www.crexi.com/instagram​ https://www.crexi.com/facebook​ https://www.crexi.com/twitter​ https://www.crexi.com/linkedin​ https://www.youtube.com/crexi
undefined
Dec 20, 2023 • 40sec

Happy Holidays from The Crexi Podcast | 2023

We’re skipping our regular programming this week and next, but we wanted to take a moment to share our appreciation.Hello from all of us here at The Crexi Podcast! It’s that time of year when business is settling down, and we’re all feeling a little extra gratitude for one another. We wanted to take the time to extend a full-hearted thank you to all of our listeners: you make this podcast so special, and we couldn’t have done it without your support.Thanks for listening, and get ready for next year – The Crexi Podcast is coming back bigger and better than ever with an exciting roster of real estate experts. We’ll see you in the New Year – until then, goodbye, stay well, and be sure to tune in next time. If you enjoyed this episode, please subscribe to our newsletter and enjoy the next podcast delivered straight to your inbox.  For show notes, past guests, and more CRE content, please check out Crexi’s blog. Ready to find your next CRE property? Visit Crexi and immediately browse 500,000+ available commercial properties for sale and lease. Follow Crexi:https://www.crexi.com/​ https://www.crexi.com/instagram​ https://www.crexi.com/facebook​ https://www.crexi.com/twitter​ https://www.crexi.com/linkedin​ https://www.youtube.com/crexi
undefined
Dec 13, 2023 • 30min

The Necessity of Dynamic Innovation in CRE

This episode covers how commercial real estate companies can maximize success by keying into innovative tools with Rob Finlay, CEO and Founder of Thirty Capital.The Crexi Podcast explores various aspects of the commercial real estate industry in conversation with some of the top CRE professionals in the space. In each episode, we feature different guests to tap into their wealth of CRE expertise and explore the latest trends and updates from the world of commercial real estate. In this episode, Crexi's Yannis Papadakis sits with Rob to discuss the necessity of continual innovation in commercial real estate, how new technologies are transforming the world and the way business is conducted, and key trends to watch as the industry shifts. Their wide-ranging conversation includes:IntroductionsThe story of founding Thirty Capital and key mentors on Rob’s career pathFavorite mistakes that became future opportunities in the CRE investment spaceKey fundamentals of developing a work ethic and how toWhy write “Beyond the Building”? Who is the book for? Key takeawaysDiving into the key learnings behind creating and selling several companies and the importance of pursuing innovationHow CRE players can convince their clients – investors, brokers, and other stakeholders – that they’re an essential part of their business playbookThe importance of technology in commercial real estate today and in the futureUnderstanding your core business, your core service, and the real needs of your customersRob’s 35,000-foot overview of the commercial real estate sector todayWhat current CRE stakeholders can learn from the past compared to what’s different in today’s market cycleControversial thoughts on the office sector and advice as we head into 2024Rapid-fire questions and sign-offsAnd much more!  About Rob Finlay:Robert J. Finlay, CEO and Founder of Thirty Capital, has spent more than two decades pushing the boundaries of innovation and technology in commercial real estate. Finlay built a portfolio of commercial real estate and securitized assets, a financial advisory and services firm, an academy for commercial real estate finance and innovation, an asset management and real estate advisory firm, and almost a dozen technology platforms that open access to data management and tools previously available only to institutional and enterprise operators. Finlay is an innovator in CRE with roots on Wall Street. He is an active real estate investor and operator and mentors emerging leaders.  If you enjoyed this episode, please subscribe to our newsletter and enjoy the next podcast delivered straight to your inbox.  For show notes, past guests, and more CRE content, please check out Crexi’s blog. Ready to find your next CRE property? Visit Crexi and immediately browse 500,000+ available commercial properties for sale and lease. Follow Crexi:https://www.crexi.com/​ https://www.crexi.com/instagram​ https://www.crexi.com/facebook​ https://www.crexi.com/twitter​ https://www.crexi.com/linkedin​ https://www.youtube.com/crexi
undefined
Dec 6, 2023 • 1h 1min

The Promising Upside in Manufactured Homes & RVs

This episode uncovers the benefits and intricacies of manufactured homes and RV parks with Michael Nissley, Vice Chair and National Director at Colliers.The Crexi Podcast explores various aspects of the commercial real estate industry in conversation with some of the top CRE professionals in the space. In each episode, we feature different guests to tap into their wealth of CRE expertise and explore the latest trends and updates from the world of commercial real estate. In this episode, Crexi's Yannis Papadakis sits with Michael to talk about creating and mastering a market niche, the fast-growing popularity of the alternative housing sector, and trends to watch headed into 2024. Their wide-ranging conversation includes:Introductions and the similarities/differences between a $2 million deal and $200 million deals.Early lessons learned, favorite mistakes, and discovering the niche that led to founding the Manufactured Housing and RV Group.The importance of doubling down on personal strengths and assembling a team of complementary skill sets and experiences to maximize success.The rise of the manufactured housing and RV sector and its history over the last several years.The fundamentals of the sector and what investors and lenders should look for from an underwriting perspective.The current state of the RV and manufactured housing investment market and where most interest is originating, and the locations attracting the most attention.How current macroeconomic factors such as high interest rates, inflation, rising insurance costs, and others are impacting the sector.Outlook for 2024 and things to keep in mind moving forward.Rapid-fire questions and sign-offs.And much more!If you enjoyed this episode, please subscribe to our newsletter to receive the very next one delivered straight to your inbox. For show notes, past guests, and more CRE content, please check out Crexi Insights.Ready to find your next CRE property? Visit Crexi and immediately browse hundreds of thousands of available commercial properties.Follow Crexi:https://www.crexi.com/​ https://www.crexi.com/instagram​ https://www.crexi.com/facebook​ https://www.crexi.com/twitter​ https://www.crexi.com/linkedin​ https://www.youtube.com/crexiAbout Michael Nissley:Michael Nissley is the founding member of the Manufactured Housing & RV Group and leads the team as the Vice Chair and National Director. He works closely with his team to oversee the execution of the team’s Manufactured Home Community, Recreational Vehicle Community, and Land assignments. This includes strategic positioning of offerings, coordination of the financial and underwriting processes, and interaction with key decision makers within industry REITs, large institutional investment firms, family offices, and owner-operators. Nissley has been an integral part in the sale and appraisals of more than $100 billion of commercial real estate assets, including the 2019 closing of a 24-property Canadian Manufactured Home portfolio that closed at nearly $200 million, which was the most significant Canadian manufactured home, RV Resort and portfolio acquisition for a large Canadian pension fund. In 2022, Mike closed a $114 million MHC Portfolio in Central Florida.These recent closings have led Nissley to be consistently ranked in the (2019, 2021, 2022) Everest Club recognizing the Top 10% of all Colliers professionals in brokerage, valuation, and corporate solutions across the U.S. business based on revenue production. Before joining Colliers, he was the founder, top producer, and director of the MHRV and Marina groups at CBRE for ten years. If you enjoyed this episode, please subscribe to our newsletter and enjoy the next podcast delivered straight to your inbox.  For show notes, past guests, and more CRE content, please check out Crexi’s blog. Ready to find your next CRE property? Visit Crexi and immediately browse 500,000+ available commercial properties for sale and lease. Follow Crexi:https://www.crexi.com/​ https://www.crexi.com/instagram​ https://www.crexi.com/facebook​ https://www.crexi.com/twitter​ https://www.crexi.com/linkedin​ https://www.youtube.com/crexi

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app