Podcast
Bisnow Reports
Hosted by Bisnow · EN
Current Season: First Draft Live
Between economic whiplash, shifting policies and market volatility that changes by the hour, you need industry insights that cut through the noise. That's exactly why we're launching First Draft Live, a new weekly series that breaks down what's happening, why it matters and what you need to know to do better business.
Join us live on Bisnow.com every Friday at 12:30 PM ET / 9:30AM PT for conversations with the industry's sharpest minds discussing the week's most critical stories, or catch the replay right afterwards — here on your podcast app of choice.
30episodes
Episodes
Newest firstAll episodes
First Draft Live Ep. 9: Opportunity Zones: We're Not In 1.0 Anymore (with Steve Glickman)
Aug 800:32:33Tap to summarizeThe original Opportunity Zone program drove more than $100B into real estate and business investment, but it also faced criticism it missed its mark, failing to spur development in the areas that needed it most.The One Big Beautiful Bill Act just made OZs permanent and it aims to fix all that, tightening the rules on what areas may be designated OZs, lowering the area median income threshold and heavily incentivizing rural development.On this week’s First Draft Live, Steve Glickman — co-author of the original OZ program and CEO of Statt — said OZs have been a wild success, especially at spurring much-needed housing.“You’re talking bang for the buck that’s unparalleled,” he said.Glickman said the new rules will make OZ 2.0 even better, though how much it drives rural development all comes down to designating sites at “the nexus between need and investability.”Register on Bisnow.com to join next Friday's conversation live, or check back here for the conversation after it airs.
Transcribe →First Draft Live Ep. 8: Inside CRE's Tariff Turning Point (with James Bohnaker)
Aug 1, 202500:30:06Tap to summarizeLiberation Day Part 2 has come and gone, and the U.S. has more clarity on the global trade landscape.Some of the levies will have CRE breathing easier, but some — including the 35% rate on Canada, a hugely important market for construction material imports — might be worse than the industry feared. Already, tariffs have driven construction costs up anywhere from 6% to 10%.But at least some of the uncertainty has been chipped away. How will CRE react?Cushman & Wakefield Senior Economist James Bohnaker said he expects deals to start moving forward again, though in a slow slog, not a rush. But with the U.S. is in an unprecedented macroeconomic environment, scenario planning by CRE investors is crucial.Register on Bisnow.com to join next Friday's conversation live, or check back here for the conversation after it airs.
Transcribe →First Draft Live Ep. 7: Can The Grid Keep Up? Inside The Data Center Surge Reshaping CRE (with Dan Rabb)
Jul 25, 202500:32:07Tap to summarizeThe rise of AI is pushing data centers to their limits. Calls for bigger, denser facilities are increasing and tenant power requirements are doubling in many markets.It’s still not enough to meet the needs of today’s market or tomorrow’s users.On this episode, Bisnow National Data Center Reporter Dan Rabb said keeping the momentum of the data center boom is all about finding power. And while possible solutions abound — microgrids and nuclear among them — being provided today aren’t going to come through fast enough.Register on Bisnow.com to join next Friday's conversation live, or check back here for the conversation after it airs.
Transcribe →First Draft Live Ep. 6: Has Real Estate’s Crypto Moment Finally Arrived? (with Gabe Marans)
Jul 18, 202500:28:49Tap to summarizeThough a few brave (or crazy) pioneers have dabbled with using crypto in commercial real estate, the industry has mostly sat on the sidelines for years.The reason: not enough regulation, no stability or guardrails.This week, that started to change. The passage of the GENIUS Act to create a framework for stablecoins, plus two other bills making their way through Congress, could lead to a rapid rise of building tokenization, digital transactions and rents paid by bitcoin.On this week’s episode, Savills Vice Chairman Gabe Marans said the federal framework will kick off a new era for real estate in which deals are done faster and cheaper. And he doesn’t think CRE is ready for it.Register on Bisnow.com to join next Friday's conversation live, or check back here for the conversation after it airs.
Transcribe →First Draft Live Ep. 5: The Bill That Just Rewired Multifamily (with Alex Jessett)
Jul 11, 202500:30:15Tap to summarizeThe One Big Beautiful Bill is now law, and its impact on housing could be massive.The Low-Income Housing Tax Credit received its biggest reform in 25 years, including halving the requirements of how much of its funding must come from municipal bonds.LIHTC and the Opportunity Zones program were both made permanent, and major adjustments to OZs — including a wave of new zones to come and a new focus on rural areas — could supercharge housing development.It’s not just a welcome step from the U.S. government, Camden President and Chief Financial Officer Alex Jessett said on this week’s episode — new tax treatment and a deregulation push are absolutely critical to get housing supply up and start to chip away at the nation’s affordable housing crisis.Register on Bisnow.com to join next Friday's conversation live, or check back here for the conversation after it airs.
Transcribe →First Draft Live Ep. 4: Where Is Global Capital Taking CRE Next (with Tom Taylor)
Jun 27, 202500:26:42Tap to summarizeU.S. foreign policy these days is a sea of uncertainty — CRE investors’ least favorite thing. From whipsaw tariffs to taxes seen as “revenge” against international players who don’t fall in line with Trump administration goals, money managers are increasingly tentative to put their money on American soil.This week, Trepp Senior Research Manager Tom Taylor discussed why it makes sense that some global investors are pulling back from the U.S., why it doesn’t worry him too much and who is still investing and in what.Register on Bisnow.com to join our next conversation live on Friday, July 11, or check back here for the conversation after it airs.
Transcribe →First Draft Live Ep. 3: The Fed Froze CRE. Is A Thaw Coming? (with Mark E. Rose)
Jun 20, 202500:29:02Tap to summarizeThe Federal Reserve decided yet again to hold interest rates steady at the June FOMC meeting. But CRE sees a turning point. This week, Avison Young CEO Mark Rose said the decision was irrelevant anyway. The CRE recovery isn’t coming soon, he said. It’s here now.Register on Bisnow.com to join next Friday's conversation live, or check back here for the conversation after it airs.
Transcribe →First Draft Live Ep. 2: The One Big Beautiful Bill Vs. CRE (with Ryan Sievers)
Jun 13, 202500:27:36Tap to summarizeTrump’s One Big Beautiful Bill is being negotiated in the Senate, and how it gets hammered out could have major implications for commercial real estate. The breadth of possible impacts are huge, from the return of bonus depreciation, which could finally make the math work on deals, to qualified business income deductions allowing CRE to write off more debt and a possible ban on state regulations on AI, which could kill local rules on rent-setting software and change the data center map.On this episode, EisnerAmper partner Ryan Sievers broke down what CRE needs to have its eye on to maximize profit and get deals moving in a new tax environment.Register on Bisnow.com to join next Friday's conversation live, or check back here for the conversation after it airs.
Transcribe →First Draft Live Ep. 1: Pricing Deals In Uncertainty (with Greg Friedman)
Jun 6, 202500:30:11Tap to summarizeWith the 10-year Treasury hovering near 5% and Trump’s $3T tax plan rattling the bond market, capital costs are surging — and CRE is feeling the heat. On this episode, Peachtree Group CEO Greg Friedman dove into how the rising 10-year Treasury is impacting deals, the challenge of supporting exit caps in a rapidly shifting environment, how extend and pretend is hurting deals and why he’s still doing development deals even though he expects CRE to underperform for a while.Register on Bisnow.com to join next Friday's conversation live, or check back here for the conversation after it airs.
Transcribe →First Draft Live: Coming This Friday
Jun 4, 202500:00:48Tap to summarizeBetween economic whiplash, shifting policies and market volatility that changes by the hour, you need industry insights that cut through the noise. That's exactly why we're launching First Draft Live, a new weekly series that breaks down what's happening, why it matters and what you need to know to do better business. Join us live on Bisnow.com every Friday at 12:30 PM ET / 9:30AM PT for conversations with the industry's sharpest minds discussing the week's most critical stories, or catch the replay right afterwards — here on your podcast app of choice.
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