The Source of Commercial Real Estate

Jonathan Hayek
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Dec 19, 2023 • 46min

Distressed and Value-Add Retail, Industrial, Storage, and Multifamily with BD Dweik

BD Dweik, a successful real estate investor with over 25 years of experience, discusses the advantages of investing in commercial real estate through a fund of funds model. They explore value-add, distressed, and opportunistic deals in multifamily, self storage, industrial, and retail. BD emphasizes the importance of evaluating the team, market, and deal itself, and building relationships with like-minded investors. They also share their passion for youth education and financial literacy.
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Dec 12, 2023 • 44min

Building a Brand by Adding Value with J. Scott

Click to text the show!Enjoy this conversation with J. Scott with Bar Down Investments. In this episode Jonathan and J discuss leading economic indicators, the impending distress in CRE, building the J. Scott brand, J's best and worst deals, and what markets J loves right now. Listen to J's podcast, entitled Drunk Real Estate.  J Scott is an entrepreneur, investor, advisor, author, and partner at Bar Down Investments, focused on buying and repositioning large multifamily properties. In the past fourteen years, J has bought, built, rehabbed, sold, lent-on and held over $150M in property around the country. J holds strategic advisor roles in several companies and is the author of five BiggerPockets books on real estate investing, including the best-selling, The Book on Flipping Houses. Connect with J:www.connectwithjscott.comTakeawaysThe current state of the economy and commercial real estate market is uncertain, with inflation and interest rates being key factors to watch.Building a brand requires being genuine, providing value, and leveraging your strengths and interests.Networking and building relationships are crucial for finding deals and raising capital in the current market.Being honest and transparent with investors is essential for building trust and long-term success.Chapters00:00Introduction and Background03:24The Current State of Commercial Real Estate Investing11:55Potential Distress in Commercial Real Estate20:28Building the J Scott Brand25:09Partnership with Ashley Wilson40:12Market Excitement and Best/Worst Deals43:04Tips for Finding Deals and Raising Capital45:20Recommended Resource and Conclusion Email Jonathan with comments or suggestions:podcast@thesourcecre.comOr visit the webpage:www.thesourcecre.com*The audio of this podcast is never generated by AI. However, some or all of the show notes and images may have been generated using AI tools.
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Dec 5, 2023 • 36min

Office is Not Dead: The Keys to a Thriving Office Investment with Michelle Klingenberg

Click to text the show!Enjoy this discussion with Michelle Klingenberg, SVP with JLL in Cincinnati.  In this conversation, we talk through how to make an office investment thrive in terms of location, amenities, and design. We also discuss what makes a good mentor, how the changing debt market is impacting office, and the changing dynamics of the hybrid work culture. Based in JLL's Cincinnati office, Michelle has 10+ years of experience in the greater Cincinnati real estate market. As senior vice president, Michelle is responsible for growing JLL Cincinnati’s agency leasing business, recruiting talent to join the firm and to build relationships with Cincinnati’s business communities and commercial real estate property owners.  Beyond her day-to-day JLL responsibilities, Michelle is working toward a greater vision for the firm to position Cincinnati as a preferred city for businesses to operate and establish as their headquarters. She aims to maintain JLL’s role as the premier local commercial real estate leader and to continue to uplift Cincinnati’s economy.Michelle on Linked In:lhttps://www.linkedin.com/in/michelleklingenberg/TakeawaysMentorship is crucial in the commercial real estate industry and has played a significant role in Michelle's career.The female perspective brings a different skill set and outlook to the industry, making it valuable in a male-dominated field.A good mentor is someone who is willing to give their time, create a two-way relationship, and provide guidance and support.The office space market in Cincinnati is evolving, with a focus on amenities, collaboration spaces, and convenient locations.Landlord owners face challenges such as longer decision-making processes, high construction costs, and the need to proactively invest in their properties.Tenant expectations include quick move-in ready spaces, accessibility, and vibrant environments that offer more than remote work options.The Streitman Center project in Cincinnati exemplifies the success of creative office spaces that cater to the needs of young talent.Chapters00:00Introduction01:12Michelle's Background in Commercial Real Estate03:34Mentorship in Michelle's Career05:19The Value of Female Perspective in Commercial Real Estate07:48Qualities of a Good Mentor09:50Engaging Younger Generations in Commercial Real Estate10:36Michelle's Work at JLL12:36Trends in the Office Space Market16:21Challenges Faced by Landlord Owners21:11Tenant Expectations and Trends25:11The Streetman Center Project27:00Creative Office Space in Cincinnati32:03Challenges Faced by Landlord Owners34:05Distress in the Office Space Market35:02Closing Remarks Email Jonathan with comments or suggestions:podcast@thesourcecre.comOr visit the webpage:www.thesourcecre.com*The audio of this podcast is never generated by AI. However, some or all of the show notes and images may have been generated using AI tools.
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Nov 28, 2023 • 41min

Avoid the Pitfalls and Create Huge Upside in Value-Add Industrial with Angel Gonzalez

Click to text the show!Listen to this in depth conversation about Class A Industrial with Angel Gonzalez of Keystone Private Capital. Angel and his team buy 50k - 150k sq ft properties. They add value by improving leases and making capital improvements to the properties. In this episode, we discuss finding deals, funding deals, lease structure, the advantage of multi tenant properties, his deal buy box, and the importance of knowing the vacancy rate in the area. Connect with Angel:https://www.keystoneprivatecapital.com/Angel's Podcast: Taking the Leap Into Commercial Real Estate Email Jonathan with comments or suggestions:podcast@thesourcecre.comOr visit the webpage:www.thesourcecre.com*The audio of this podcast is never generated by AI. However, some or all of the show notes and images may have been generated using AI tools.
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Nov 21, 2023 • 1h 3min

Best of the Past: A Masterclass in Self Storage with Ryan Gibson

Click to text the show!Originally released in November 1, 2022, this is an episode you may have missed and it  is being re-released because it is packed with value! Ryan discusses site selection, getting great deals, due diligence, and raising capital for self storage. It's a great listen! Connect with Ryan:https://www.linkedin.com/in/ryan-gibson1/https://spartan-investors.com/ Email Jonathan with comments or suggestions:podcast@thesourcecre.comOr visit the webpage:www.thesourcecre.com*The audio of this podcast is never generated by AI. However, some or all of the show notes and images may have been generated using AI tools.
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Nov 16, 2023 • 56min

Joe Fairless - $2.7B Assets Under Management - Gives Tips for Scaling

Click to text the show!Joe Fairless, founder of the Best Ever brand, and co-founder of Ashcroft Capital sits with Jonathan and Mike McManus at a live event to discuss scaling. We discuss goal setting, finding a partner, hiring, when enough is enough, and finding life/ work balance. Ashcroft Capital owns $2.7B in Multifamily assets. Joe is the founder of the Best Real Estate Investing Advise Ever Podcast, which now has over 3000 published episodes and is also the founder of the Best Ever Real Estate Investing Conference. Connect with Joe:https://ashcroftcapital.com/Other links mentioned:Mike McManus and The Surgeon Syndicate Podcast:https://surgeonsyndicate.podbean.com/ Email Jonathan with comments or suggestions:podcast@thesourcecre.comOr visit the webpage:www.thesourcecre.com*The audio of this podcast is never generated by AI. However, some or all of the show notes and images may have been generated using AI tools.
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Nov 13, 2023 • 46min

The Huge Mistake Passive Investors Might Be Making with Taylor Loht

Click to text the show!Enjoy this discussion with Taylor Loht of NT Capital. We discuss raising capital legally as a broker dealer, what sets great operators apart, his best tips for raising capital, how he uses his podcast to grow his business, and how he is using systems to grow his business while reducing his workload. Connect with TaylorPassive Wealth Strategy Showhttps://www.passivewealthstrategy.com/ Email Jonathan with comments or suggestions:podcast@thesourcecre.comOr visit the webpage:www.thesourcecre.com*The audio of this podcast is never generated by AI. However, some or all of the show notes and images may have been generated using AI tools.
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Nov 9, 2023 • 17min

The Future You + The Future of This Podcast: Crafting a 3 Year Vision Plus Support Via Patreon

Click to text the show!In this solo episode, Jonathan discusses the profound impact having a 3 year vision can have on your life. Think about it: you can accomplish a lot in 3 years. And big things, too. Instead of wandering through the next 3 years just to see what happens, take control and envision it. Use Jonathan's fillable pdf to create your 3 year vision by the end of the year. If you'd like to support the show and potentially receive bonus content, become a monthly Patreon supporter. Links from the show:www.thesourececre.com/visionwww.patreon.com/thesourceofcommercialrealestate Email Jonathan with comments or suggestions:podcast@thesourcecre.comOr visit the webpage:www.thesourcecre.com*The audio of this podcast is never generated by AI. However, some or all of the show notes and images may have been generated using AI tools.
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Nov 6, 2023 • 45min

Office Deals, Creative Debt, and Essential Tenants with Dennis Cisterna

Click to text the show!Enjoy this conversation with Dennis Cisterna of Sentinel Net Lease, where we discuss Class A cash-flowing office deals, leveraging your network to raise capital, and making 100+ calls to find the right debt partner. Hear about doing deals with Amazon and Tesla in order to hit double digit returns all with non-recourse debt. Dennis is the Co-founder and Chief Investment Officer of Sentinel Net Lease, a privately held commercial real estate investment firm. He is also the Founder and Chief Executive Officer of Guardian Residential, a privately held residential investment firm.Dennis has held a wide variety of management positions within the real estate investment sector including key roles at notable firms such as Johnson Capital, Lennar, and Toll Brothers. Throughout his career, he has completed more than $3.8 billion worth of real estate transactions across the U.S. and Europe.Connect with Dennis:https://www.linkedin.com/in/denniscisterna/https://sentinelnetlease.com/Other links mentioned:www.depositaccounts.com Email Jonathan with comments or suggestions:podcast@thesourcecre.comOr visit the webpage:www.thesourcecre.com*The audio of this podcast is never generated by AI. However, some or all of the show notes and images may have been generated using AI tools.
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Oct 31, 2023 • 45min

Current Retail Market Intel with Dave Cheatham

Click to text the show!Enjoy this conversation with Dave Cheatham, of Velocity Retail Group, where we discuss current trends in retail, choosing the right location, connecting with retail brands,  current retail sentiment, and lease negotiation. Dave Cheatham is an accomplished authority on retail real estate in the disciplines of brokerage, project leasing, development, consulting and advisory services. He is a senior advisor to merchants, entrepreneurs, investors and senior retail executives throughout the industry. He has helped shape the corporate real estate policy for many of the nation’s top retail brands. His extensive client list includes leading companies like JC Penney, Hobby Lobby, Aldi, Gap, Inc., Darden, Signet and CVS Pharmacy. Additionally, he is known to excel in executing multi-store roll-outs for retailers who are making an initial market entrance.Connect with Dave:https://velocityretail.com Email Jonathan with comments or suggestions:podcast@thesourcecre.comOr visit the webpage:www.thesourcecre.com*The audio of this podcast is never generated by AI. However, some or all of the show notes and images may have been generated using AI tools.

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