In the CRE Vault with Mike and Marc
NAI FMA Realty presents "In the CRE Vault", a must-listen podcast for anyone interested in commercial real estate. Our co-hosts, industry veterans Mike Ball and Marc Hausmann, will take you on a deep dive into the latest topics and trends shaping the industry.
Each episode, Mike and Marc will share their expertise and perspectives alongside a first-class line up of economic, city, and industry professionals, to provide valuable insights and actionable advice for anyone looking to navigate the complex world of commercial real estate.
With a focus on real-world examples and practical advice, "In the CRE Vault" is the ultimate resource for anyone looking to make informed decisions about commercial real estate. So, whether you're a seasoned investor, a business owner looking for space or simply curious about the industry, be sure to tune in and discover the insights you can use.
In the CRE Vault with Mike and Marc
Special Guest Steve Glenn Shares His Experiences as an Investor and Developer (S1:E13)
In this week's episode, Mike and Marc get the honor of interviewing an experienced commercial real estate investor and developer, Steve Glenn. Steve shares his experiences with rising interest rates and the challenges those create for leveraging an asset. He also discusses his newest project, Lincoln Bold, which will be a high-rise commercial and multi-family building in the Central Business District. This is a ca n't-miss episode for those interested in how the current economic conditions are impacting the commercial real estate industry and the future of development.
Episode Notes:
Intro (0:00)
A look into Steve Glenn's background (3:21)
Learning how to leverage (4:13)
Competing with the return on cash (5:24)
Understanding Cap Rates (7:21)
How rising interest rates are affecting real estate investments (8:40)
How to take advantage of disruptions in the economy (11:21)
The metrics used to move the Lincoln Bold project forward (13:22)
Current interest rates and the future of commercial real estate (16:36)
How the Lincoln Bold project got started (18:14)
Steps taken to help small business tenants survive COVID (23:34)
Effects of rising construction costs on development projects (25:12)
More buyers are owners/users rather than investors does this indicate a recession? (29:25)
