Chris Thornberg: Overheating: $11T of Gov Spend Created an Asset Bubble & Massive Uncertainty
Dr. Thornberg is an uncommon economist. Chris is as much at home with philosophy as the nuts-and-bolts of economics and forecasting. As the Founder of Beacon Economics, Chris is not only one of the few, like Hank Paulson, who called the collapse of the housing market, but also one of the few economists who can call it like it is, and share beliefs rooted in facts rather than opinion.
Jon Lotter: It’s About the Kids – How Success and Fulfilment in the Real Estate Business is a Blessing for My Children.
We welcome Jon Lotter, founder and Managing Director of Appian Capital, a boutique investment manager that has invested in over 140 transactions deploying over $400MM of equity in $2.2B of real estate value.
Multifamily ADUs in New Construction – California’s Biggest Density Bonus of All?
By Emily Laetz Introduction A creative interpretation of California’s recently-passed legislation regarding multifamily accessory dwelling units (ADUs) looks to offer developers of new multifamily housing the opportunity to increase their projects’ maximum allowable unit density by up to 25%, a tool that planners and legislators are hoping will make a substantial dent in the state’s […]
Crowdfunding Has Grown Up and Is Here to Stay
Crowdfunding in the commercial real estate space has steadily evolved since passage of the JOBS Act and now represents a viable way to capitalize the equity side of a deal. Institutional-quality platforms have grown considerably in recent years and continue to gain market share. In our “Intro to Development Deal Structuring” blog, we covered several […]
Intro to development deal structuring: How to get in the game
Aspiring developers often inquire how they can stay invested in a development deal long term, rather than selling the project upon approval or completion. Deals that successfully structure this outcome take advantage of imputed equity and developer partnerships, while also managing the expectations of GP, co-GP, and/or LP equity.
Carrie Nikols: Stay the Course – Being Intentional with Your Word and Your Vision
Welcome to Episode 10 of Offshoot with Carrie Nikols from The Nikols Company. Carrie is the co-founder and Chief Executive Officer of The Nikols Company, a private lender who has originated over 500 loans without a single foreclosure or loan loss.
Bruce Stachenfeld: Purpose, Vision & Conviction — The Driving Forces for a Leading Boutique Law Firm
Bruce is a NYC-based lawyer running a boutique firm of 40 lawyers. From a difficult start in 1997 to now, Bruce has found his power niche (consummating joint venture equity deals) and become an effective leader to his “pure-play real estate only” team of lawyers.
Max Sharkansky: Consider the Bigger Picture — Trade Well, Treat Them Well, and Scale.
Episode 8 of Offshoot brings forward one of the “young guns” in the founding partner of Trion Properties, Max Sharkansky.
Trion is a value-add investor that finds mismanaged properties in top growth markets which they can turn around. Their historic focus has been the West Coast, though that has recently changed to include the southeast.
Peter Kleinberg: A Walk on the Slippery Rocks — Credit Enhancement and CO-GP Investment.
Peter is Vice President of ESI Ventures, a diversified and opportunistic commercial real estate investment firm that focuses on the acquisition, development, and repositioning of value-add and adaptive reuse projects through a variety of positions in the capital stack.
Andrew Jobst: Knowledge, Intelligence & Curiosity — The Secrets Behind a Boutique LP Equity Provider.
Episode 6 of Offshoot brings long-time friend and acquaintance, Andrew Jobst onto the show. Andrew is a principal of HG Capital.
Since 1995, HG Capital has specialized in providing joint venture equity for value-add and opportunistic real estate investments throughout the Western US. Uniquely, they typically invest $8MM and less per transaction.
