Transcript
A (0:03)
So I got a problem. They barely smoke in the movies anymore. It's probably better for public health, but I'm a little wistful for those iconic hazy shots of a Cary Grant or even a Don Draper.
B (0:13)
Look, it's toasted. But thankfully we still have Simon Dushinsky.
A (0:30)
Welcome back to the Promote podcast, your insider guide to the money and mania of the CRE markets. I'm Hitan Samtani.
B (0:35)
And I'm Will Krasny.
A (0:40)
A shout out to our sponsors, Bravo Capital, a leading HUD and bridge lender and loan boss.
B (0:45)
The best in class CRE debt management software.
A (0:48)
This week we chop it up on how God is smiling upon us Alts. I didn't come up with that. That's a Will thing. Well done.
B (0:53)
I stole it from the article in the FT where the head of the distressed lender. I forget the guy's name. He's like, I can't believe God would smile upon me like this.
A (1:03)
The federal government has put forward much anticipated regulation that creates a smorgasbord of investment options for retirees. The implications for cre, as co host Krasny likes to say, are tectonic.
B (1:15)
Tectonic.
A (1:16)
Next, we discuss how Manhattan office has broken the $300 a foot sound barrier twice in a month.
B (1:22)
By the way, also the $310 and $320 foot sound barriers.
A (1:27)
And finally, we bust out our Marley Slims and head to Brooklyn, where an orthodox dealmaker's unorthodox playbook is dominating the development landscape.
B (1:34)
Rabsky is such a legend. I'm really excited to dig in here. Let's kick things off with the punch list, our signature rundown of the newsiest news in cre. However, before we do that ta dung, I want to remind those of you who suffer from FOMO to sign up for the Promote Insider. It's our premium tier filled with exclusive content and behind the scenes analysis.
A (1:57)
We just dropped an important piece from an exec at a major apartment landlord. Honestly, I think it's one of the best blueprints for the institutional business going forward that I've read.
