No Cap by CRE Daily

Opportunities in Lending & Real Estate Debt w/ Richard Byrne, President, Benefit Street Partners

Season 1, Episode 13: This season finale of No Cap by CRE Daily features a rare conversation with Richard Byrne, President of Benefit Street Partners and CEO of Franklin BSP Capital Corp. Join hosts Jack Stone and Alex Gornik as they explore Richard’s incredible career—from his early jobs and rapid rise at Merrill Lynch in the 80s to his transition into real estate lending at Benefit Street Partners.
 
TOPICS
00:00 – Introduction
00:27 – Richard’s Early Life and First Jobs
03:10 – Climbing the Ladder at Merrill Lynch in the 80s
08:29 – From Casinos to Deutsche Bank
12:50 – Transition to Real Estate Lending
20:49 – Early Involvement with RFT
22:28 – Exploring FBRT and Other Service Lines
24:47 – The Role of Opportunistic Debt Funds (ODFs)
31:51 – Optimism in Today’s Real Estate Market
34:57 – Who’s Still Pursuing Multi-Property Deals
38:38 – Risk Management in Today’s Market
41:15 – Standing Out in the Industry
47:13 – A Banker’s Path to Jiu-Jitsu
58:32 – Advice for Young Professionals
01:01:27 – Conclusion
 
We want to thank our sponsor Viking Capital. 
 
For more episodes of No Cap by CRE Daily visit https://www.credaily.com/podcast/
 
Watch this episode on YouTube: https://www.youtube.com/@NoCapCREDaily
 
 
About No Cap Podcast
Commercial real estate is a $20 trillion industry and a force that shapes America’s economic fabric and culture. No Cap by CRE Daily is the commercial real estate podcast that gives you an unfiltered ”No Cap” look into the industry’s biggest trends and the money game behind them. Each week co-hosts Jack Stone and Alex Gornik break down the latest headlines with some of the most influential and entertaining figures in commercial real estate.
 
 
About CRE Daily 
CRE Daily is a digital media company covering the business of commercial real estate. Our mission is to empower professionals with the knowledge they need to make smarter decisions and do more business. We do this through our flagship newsletter (CRE Daily) which is read by 65,000+ investors, developers, brokers, and business leaders across the country. Our smart brevity format combined with need-to-know trends has made us one of the fastest growing media brands in commercial real estate.

Jilliene Helman on Building RealtyMogul & Real Estate Syndication

Season 1, Episode 12: In this episode of No Cap by CRE Daily, we sit down with Jilliene Helman, founder and CEO of RealtyMogul, to explore her entrepreneurial journey and the evolution of RealtyMogul in the real estate industry. Jilliene shares how her background inspired the launch of RealtyMogul, details the platform’s first deal, and explains the three businesses that form its foundation. We discuss what RealtyMogul looks for in sponsors, the early days of crowdfunding, and the impact of the 2012 Jobs Act on real estate investing. 
 
TOPICS
00:00 — Intro00:47 — Jilliene’s background and what led to creating RealtyMogul02:19 — RealtyMogul’s first deal04:10 — What RealtyMogul is, and the 3 businesses that make it up05:43 — The value RealtyMogul brings to the table07:10 — What RealtyMogul looks for in sponsors09:05 — The first iteration of RealtyMogul, and how it got crowdfunded12:50 — How crowdfunding worked in its earliest stages14:35 — What the 2012 Jobs Act changed, and what stayed the same19:03 — How RealtyMogul handled capital calls20:46 — What a REIT is, and why RealtyMogul got into them23:20 — The future of RealtyMogul25:26 — Why balancing investors and deals is so challenging29:35 — What sponsors should be looking for31:18 — The secret to RealtyMogul’s longevity32:34 — Jilliene’s family background34:17 — What Burning Man is like, and why so many successful people attend37:50 — How Jilliene stays creative39:23 — Jilliene’s favorite travel destinations, and what she loves about Japan40:43 — The potential of the new city being built outside San Francisco43:40 — Why RealtyMogul is bullish on Columbus, Ohio46:18 — The future of crowdfunding in real estate
 
We want to thank our sponsor Viking Capital. 
 
For more episodes of No Cap by CRE Daily visit https://www.credaily.com/podcast/
 
Watch this episode on YouTube: https://www.youtube.com/@NoCapCREDaily
 
 
About No Cap Podcast
Commercial real estate is a $20 trillion industry and a force that shapes America’s economic fabric and culture. No Cap by CRE Daily is the commercial real estate podcast that gives you an unfiltered ”No Cap” look into the industry’s biggest trends and the money game behind them. Each week co-hosts Jack Stone and Alex Gornik break down the latest headlines with some of the most influential and entertaining figures in commercial real estate.
 
 
About CRE Daily 
CRE Daily is a digital media company covering the business of commercial real estate. Our mission is to empower professionals with the knowledge they need to make smarter decisions and do more business. We do this through our flagship newsletter (CRE Daily) which is read by 65,000+ investors, developers, brokers, and business leaders across the country. Our smart brevity format combined with need-to-know trends has made us one of the fastest growing media brands in commercial real estate.

Revolutionizing Construction with Cuby Co-Founder Aleksandr Gampel

Season 1, Episode 11: In this episode of No Cap by CRE Daily, hosts Jack Stone and Alex Gornik sit down with Aleksandr Gampel, Co-Founder of Cuby, to explore how Cuby is revolutionizing the construction industry. They dive into Cuby's mission to industrialize the construction process through transportable factories that minimize human error, reduce timelines, and bring cost transparency without sacrificing design.
 
 
Aleksandr shares his insights on the housing shortage, the waste in traditional construction, and Cuby’s innovative use of digital twins and lean manufacturing. Listeners will also hear how Cuby’s software and operating system streamline the entire building process and why Gampel believes the best construction companies are really supply chain companies. 
 
 
TOPICS
00:00:00 - Introduction00:00:42 - The Story Behind Alex and Alex’s First Meeting00:03:35 - Cuby’s Vision: What is Cuby and Its Mission?00:04:20 - Personal Connections: Do You Know Someone in Construction?00:07:34 - The Big Question: Can Construction Be Industrialized?00:09:04 - Alex’s First Principles Approach to Building Homes00:12:43 - Addressing the Crisis: The Lack of Affordable Housing00:14:17 - Waste in Construction: Why the Industry Produces So Much Waste00:15:26 - Technology Insight: What Exactly is a Digital Twin?00:16:51 - Building for the Future: The Machine That Builds the Machine00:19:12 - How Cuby Can Streamline Your Construction Projects00:27:33 - A Deep Dive into Cuby’s Software and Its Capabilities00:30:02 - Understanding Cuby’s Operating System and Its Functionality00:36:28 - Why Cuby? The Value Proposition for Working With Cuby00:38:54 - “The Best Construction Companies Are Supply Chain Companies”00:44:12 - Cuby Today: Current Status and Milestones00:52:00 - Expanding Horizons: Cuby’s Market Expansion Strategy00:56:09 - The Role of Venture-Backed Companies in the Defense Space00:58:35 - Closing Moments
 
 
We want to thank our sponsor Viking Capital. 
 
 
For more episodes of No Cap by CRE Daily visit https://www.credaily.com/podcast/
 
Watch this episode on YouTube: https://www.youtube.com/@NoCapCREDaily
 
 
About No Cap Podcast
Commercial real estate is a $20 trillion industry and a force that shapes America’s economic fabric and culture. No Cap by CRE Daily is the commercial real estate podcast that gives you an unfiltered ”No Cap” look into the industry’s biggest trends and the money game behind them. Each week co-hosts Jack Stone and Alex Gornik break down the latest headlines with some of the most influential and entertaining figures in commercial real estate.
 
 
About CRE Daily 
CRE Daily is a digital media company covering the business of commercial real estate. Our mission is to empower professionals with the knowledge they need to make smarter decisions and do more business. We do this through our flagship newsletter (CRE Daily) which is read by 65,000+ investors, developers, brokers, and business leaders across the country. Our smart brevity format combined with need-to-know trends has made us one of the fastest growing media brands in commercial real estate.

Jonathon Barkl: Building AirGarage from 'Airbnb for Driveways' to Parking Powerhouse

Season 1, Episode 10: On this episode of No Cap by CRE Daily, we sit down with Jonathon Barkl, CEO and co-founder of AirGarage, to dive deep into his journey from college student to revolutionizing the parking industry. Jonathon shares the origin story of AirGarage, starting as an "Airbnb for driveways" and evolving through a series of pivots into a full-stack, tech-first parking operator.
 
 
We explore AirGarage's progression from working with a local church parking lot in 2018 to partnering with real estate owners across urban areas, unlocking underutilized real estate in churches, hotels, and businesses. Jonathon explains how AirGarage is rethinking the parking experience from the ground up, challenging the status quo of a fragmented industry plagued by misaligned incentives and outdated technology.
 
 
TOPICS
00:00 - Intro01:26 - Solving for Parking on Campus05:10 - Learning How to Sell is the Most Important Skill09:49 - Growing Up with Entrepreneurs12:17 - Renting Out Parking Lots16:56 - Downloading an App to Park?19:53 - Making Parking Seamless22:34 - First-Principles Approach to Parking26:06 - Developing Full-Stack Technology for Parking29:26 - Why Understanding Your Parking Occupancy is Important34:34 - Challenges to Adoption for AirGarage41:15 - Technology Approach to Parking Lot Property Management44:55 - How Not to Get Lost in a Parking Lot46:28 - AirGarage’s Process of Scaling54:42 - The Future of Parking
 
 
We want to thank our sponsor Viking Capital. 
 
 
For more episodes of No Cap by CRE Daily visit https://www.credaily.com/podcast/
 
Watch this episode on YouTube: https://www.youtube.com/@NoCapCREDaily
 
 
About No Cap Podcast
Commercial real estate is a $20 trillion industry and a force that shapes America’s economic fabric and culture. No Cap by CRE Daily is the commercial real estate podcast that gives you an unfiltered ”No Cap” look into the industry’s biggest trends and the money game behind them. Each week co-hosts Jack Stone and Alex Gornik break down the latest headlines with some of the most influential and entertaining figures in commercial real estate.
 
 
About CRE Daily 
CRE Daily is a digital media company covering the business of commercial real estate. Our mission is to empower professionals with the knowledge they need to make smarter decisions and do more business. We do this through our flagship newsletter (CRE Daily) which is read by 65,000+ investors, developers, brokers, and business leaders across the country. Our smart brevity format combined with need-to-know trends has made us one of the fastest growing media brands in commercial real estate.

Michael Santora: Revolutionizing Warehouses Through Digital Twins and Mobile Robots

Season 1, Episode 9: In this episode of No Cap by CRE Daily, Alex and Jack chat sit down with Michael Santora, CEO and co-founder of Logic. Michael discusses his robotics platform, which automates supply chains and optimizes warehousing. The group dives into the impact on warehouse and distribution centers, where the industry is heading, and other applications of Logic’s systems.
 
 
TOPICS
00:00 — Intro00:52 — How Alex & Michael Met02:15 — Michael’s Early Architectural Background04:15 — How the 2008 Market Crash Impacted Michael05:53 — Michael’s Journey into Industrial Design06:41 — Solving for Spatial Efficiency in Warehouses09:35 — Are the Robots Running the Warehouses?11:06 — How Much is Wasted Using Forklifts?13:06 — Logic’s Initial Company Focus15:48 — Replacing Aisles in Warehouses21:45 — Charging Docks for Logic’s Pallets25:52 — Inefficiency of Delivery Trucks in Big Cities28:40 — Michael on Going Back to School30:09 — Consulting With Space Force32:44 — Logic’s Commercial and Defense Operations37:10 — Logic’s Pallets Loading C-130 Hercules37:50 — Logic’s Pallet Composition40:12 — Logic Pallet Delivering Pizza43:45 — Conclusion
 
 
We want to thank our sponsor Viking Capital. 
 
 
For more episodes of No Cap by CRE Daily visit https://www.credaily.com/podcast/
 
 
Guest Information:For more information on Meta Logic, click here.
To connect with Michael on LinkedIn, click here.
 
 
About No Cap Podcast
Commercial real estate is a $20 trillion industry and a force that shapes America’s economic fabric and culture. No Cap by CRE Daily is the commercial real estate podcast that gives you an unfiltered ”No Cap” look into the industry’s biggest trends and the money game behind them. Each week co-hosts Jack Stone and Alex Gornik break down the latest headlines with some of the most influential and entertaining figures in commercial real estate.
 
 
About CRE Daily 
CRE Daily is a digital media company covering the business of commercial real estate. Our mission is to empower professionals with the knowledge they need to make smarter decisions and do more business. We do this through our flagship newsletter (CRE Daily) which is read by 65,000+ investors, developers, brokers, and business leaders across the country. Our smart brevity format combined with need-to-know trends has made us one of the fastest growing media brands in commercial real estate.

Welcome to Y'all Street, Multifamily Fraud, and US Retail Store Closings

Season 1, Episode 8: In this episode of No Cap by CRE Daily, Alex and Jack discuss Dallas' rise as a finance hub, major developments from Goldman Sachs and Wells Fargo, and Trimont's acquisition of Wells Fargo's $475B CRE loan portfolio. They also cover JLL's $18M fraud loss, South Florida's condo challenges, Sonder's Marriott partnership, and the latest on retail closures and CRE mortgage originations.
 
TOPICS
0:18 — Alex’s Weekend in the Hamptons
2:19 — "Y’all Street Journal" and Dallas' Financial Boom
3:57 — Trimont's $475B Wells Fargo Acquisition
5:38 — Mr. Cooper Buys Flagstar’s Mortgage Servicing
6:46 — JLL Hit by $18M Multifamily Loan Fraud
9:36 — Florida Condo Market Crisis 
15:49 — Marriott Rescues Sonder with Strategic Deal
19:38 — U.S. Retail Store Closures Surpass Openings
22:24 — Alex Witnesses a Robbery in Real Time
25:00 — TSA-Level Security at CVS & Walgreens
28:24 — Multifamily Market Shows Signs of Stabilization
31:44 — Merch Giveaway 
 
We want to thank our sponsor Viking Capital. 
 
For more episodes of No Cap by CRE Daily visit https://www.credaily.com/podcast/
 
About No Cap Podcast
Commercial real estate is a $20 trillion industry and a force that shapes America’s economic fabric and culture. No Cap by CRE Daily is the commercial real estate podcast that gives you an unfiltered ”No Cap” look into the industry’s biggest trends and the money game behind them. Each week co-hosts Jack Stone and Alex Gornik break down the latest headlines with some of the most influential and entertaining figures in commercial real estate.
 
About CRE Daily 
CRE Daily is a digital media company covering the business of commercial real estate. Our mission is to empower professionals with the knowledge they need to make smarter decisions and do more business. We do this through our flagship newsletter (CRE Daily) which is read by 65,000+ investors, developers, brokers, and business leaders across the country. Our smart brevity format combined with need-to-know trends has made us one of the fastest growing media brands in commercial real estate.

Vikram Raya CEO @ Viking Capital: From Medicine to $800M+ in Multifamily

Season 1, Episode 7: In this episode of No Cap by CRE Daily, Alex and Jack sit down with Vikram Raya, CEO and co-founder of Viking Capital. Vikram shares his journey from a practicing cardiologist to a full-time real estate syndicator, revealing the challenges and triumphs along the way. He dives into why your profession shouldn't define your personality, lessons learned from rocky syndication partnerships, and more. 
 
TOPICS
1:16 — Introduction4:25 — Vikram’s background: coming from India and growing up with an engineer father turned entrepreneur8:15 — Vikram’s personal reasons for getting into medicine and cardiology9:35 — Exploring different business opportunities outside of the traditional doctor career trajectory12:14 — Branching from cardiology to options trading14:59 — Vikram buys his first home, a $20k rambler16:08 — Meeting the cofounder of Viking Capital, Ravi17:31 — Launching Viking Capital in the Tesla showroom18:01 — Mechanics of launching and funding the business21:15 — An insane deal with one major issue to risk manage24:20 — Turning a large cash exit into an innovative health clinic27:49 — Why specialized professionals like doctors often aren’t good investors30:49 — Viking Capital’s first time getting punched in the face34:54 — The importance of timing in investing35:40 — Alex passes on a huge deal in Kansas City39:57 — What is Viking Capital currently looking for in investments?45:59 — Vikram’s secrets to getting quality sleep and biohacking54:58 — Vikram’s hike and realization on Mt. Kilimanjaro56:48 — Why real estate is a mind game and how to create a successful investor physiology58:53 — Stupid mistakes made as an investor1:00:24 — Where Viking Capital goes next
 
We want to thank our sponsor Viking Capital. 
 
For more episodes of No Cap by CRE Daily visit https://www.credaily.com/podcast/
 
About Our Guest
Vikram Raya
https://www.linkedin.com/in/vikramraya
Vikram Raya is CEO of Viking Capital Investments, a Multi-Million Dollar Real Esate Private Equity Company based out  of Tysons, VA that acquires Commercial Multi-family real estate nationwide, with over $800M of Real Estate Acquisitions. He also serves as a High performance Coach and Business strategist to over 50 executives, high income earners and physicians. He is the founder of Vitology institute, a human optimization clinic helping clients achieve ultimate vitality.
 
About No Cap Podcast
Commercial real estate is a $20 trillion industry and a force that shapes America’s economic fabric and culture. No Cap by CRE Daily is the commercial real estate podcast that gives you an unfiltered ”No Cap” look into the industry’s biggest trends and the money game behind them. Each week co-hosts Jack Stone and Alex Gornik break down the latest headlines with some of the most influential and entertaining figures in commercial real estate.
 
About CRE Daily 
CRE Daily is a digital media company covering the business of commercial real estate. Our mission is to empower professionals with the knowledge they need to make smarter decisions and do more business. We do this through our flagship newsletter (CRE Daily) which is read by 65,000+ investors, developers, brokers, and business leaders across the country. Our smart brevity format combined with need-to-know trends has made us one of the fastest growing media brands in commercial real estate.

The Holy Trinity: Sanjay Chandra on Leading Investors to $7B in Deals

Season 1, Episode 6: Sanjay Chandra is the Principal and Managing Partner at Trinity Investors, a Texas-based private equity and real estate firm he co-founded in 2006. Sanjay has led Trinity investors to over $7 billion in deals, building a portfolio that includes 160 commercial real estate assets and 19 operating companies.  
But Sanjay’s journey didn’t start in real estate. As a first-generation immigrant with an engineering background, he began his career founding American Leather before transitioning into private equity. In this episode of No Cap by CRE Daily, Jack and Alex peel back the curtains on one of Texas's most recognized investors, exploring Chandra’s entrepreneurial journey and his transition into real estate.
 
TOPICS
0:38 — Sanjay’s background7:59 — Moving into private equity and founding Trinity14:08 — The private equity business today16:48 — How Sanjay is approaching portfolio allocation 22:45 — What makes a good OpCo investment?25:30 — What makes a good real estate deal? 28:00 — What Sanjay looks for in partners31:50 — The risks of the past few years Sanjay wasn’t prepared for36:30 — The effect of current market conditions on Sanjay’s business38:25 — Is there a rate cut coming?41:33 — Sanjay’s thoughts on bank liquidity45:18 — Sanjay talks UT and why Austin might be a better living city than Dallas47:59 — Sanjay’s thoughts on Miami51:09 — Conclusion 
 
We want to thank our sponsor Viking Capital. 
 
For more episodes of No Cap by CRE Daily visit https://www.credaily.com/podcast/
 
About Our Guest
SANJAY CHANDRA
Sanjay serves as a principal and managing partner at Trinity and its affiliated companies in a variety of roles and responsibilities on a full time and active basis. Sanjay brings to Trinity over 30 years of experience as a successful entrepreneur and an active private investor. In addition to his day to day role at Trinity, Sanjay serves as a board member for American Leather, which he co-founded in 1990, and where he was formerly president and CFO. He is a board member for Robokind LLC, ELB Learning, Nuclein LLC, Falcon Structures LLC, Bentwood Kitchens Inc and other affiliate companies, as well as the Longhorn Council of the Boy Scouts of America, where he serves as Vice President of Development. Sanjay is a Special Advisor to Urban Genesis, Capital Boutiq and AllTrades, and serves as Chairman on the Engineering Advisory Board for the Cockrell School of Engineering at the University of Texas at Austin.
 
About No Cap Podcast
Commercial real estate is a $20 trillion industry and a force that shapes America’s economic fabric and culture. No Cap by CRE Daily is the commercial real estate podcast that gives you an unfiltered ”No Cap” look into the industry’s biggest trends and the money game behind them. Each week co-hosts Jack Stone and Alex Gornik break down the latest headlines with some of the most influential and entertaining figures in commercial real estate.
 
About CRE Daily 
CRE Daily is a digital media company covering the business of commercial real estate. Our mission is to empower professionals with the knowledge they need to make smarter decisions and do more business. We do this through our flagship newsletter (CRE Daily) which is read by 65,000+ investors, developers, brokers, and business leaders across the country. Our smart brevity format combined with need-to-know trends has made us one of the fastest growing media brands in commercial real estate.
 

Michael Mandel on Leveraging AI to Transform CRE Transparency

Season 1, Episode 5: In this episode of "No Cap by CRE Daily," we sit down with Michael Mandel, a former broker and the visionary founder of CompStak, to dive into the power of data and AI in the commercial real estate industry. Michael shares his journey as a broker and the issues he encountered that led him to build CompStak. We also discuss how AI and machine learning are revolutionizing data collection, analysis, and utilization in the CRE industry. 
 
TOPICS
0:31 — Introduction
6:55 — How Compstak incorporated AI & machine learning tech into their stack
11:31 — Making brokers' lives easier using technology
13:40 — How the data verification process works
17:31 — The scoring and credit system to incentivize people to contribute data
18:05 — What will the actual effects of AI be on the real estate market?
22:46 — Pet peeves as a broker
24:59 — AI tools for architecture
28:34 — New insights into client data
30:11 — Are we going to be “owned” by AI?
33:10 — Jack & ChatGPT 
35:53 — What are use cases of AI & what’s the effect of deep fakes?
37:15 — Will the vast majority of real estate jobs be automated?
42:50 — Conclusion
 
We want to thank our sponsor Viking Capital. 
 
For more episodes of No Cap by CRE Daily visit https://www.credaily.com/podcast/
 
About Our Guest
Michael Mandel
https://www.linkedin.com/in/mmandel/
Michael is the Co-Founder & CEO of CompStak, a marketplace for commercial real estate information. CompStak uses a crowd-sourced model to gather real information that is hard to find, difficult to compile or otherwise unavailable. Our first product is a marketplace for the exchange of commercial lease comparables. Users add the comps they have to find the comps they need. CompStak was born out of Michael's experience as a commercial leasing broker in Manhattan. He has been recognized for his success as Grubb & Ellis’ National Rookie of the Year in 2007 and Real Estate New York’s 30 under 30 in 2008. CompStak has been featured in The Wall Street Journal, The Real Deal, Forbes, Bloomberg, AG Beat and more.
 
About No Cap Podcast
Commercial real estate is a $20 trillion industry and a force that shapes America’s economic fabric and culture. No Cap by CRE Daily is the commercial real estate podcast that gives you an unfiltered ”No Cap” look into the industry’s biggest trends and the money game behind them. Each week co-hosts Jack Stone and Alex Gornik break down the latest headlines with some of the most influential and entertaining figures in commercial real estate.
 
About CRE Daily 
CRE Daily is a digital media company covering the business of commercial real estate. Our mission is to empower professionals with the knowledge they need to make smarter decisions and do more business. We do this through our flagship newsletter (CRE Daily) which is read by 65,000+ investors, developers, brokers, and business leaders across the country. Our smart brevity format combined with need-to-know trends has made us one of the fastest growing media brands in commercial real estate.

How Brad Sumrok Became the Tony Robbins of Multifamily Investing

Season 1, Episode 4: In this episode of No Cap by CRE Daily, hosts Jack Stone and Alex Gornik dive into the journey of Brad Sumrok, famously known as the "Apartment King" in the multifamily real estate world. Starting with his first investment in a 32-unit apartment building in 2002, Brad replaced his 9 to 5 job income by 2005 and retired at the age of 38. Since then, he has invested in over 4,200 apartment units, and his mentoring students have collectively purchased over $2 billion worth of apartment buildings.
Brad shares his transition from a career in chemical engineering to becoming a prominent investor and coach in multifamily real estate. He discusses Tony Robbins's influence on his mindset and reveals how being fired from his corporate job spurred him to become a public speaker in real estate. Brad also shares his thoughts on handling the haters and provides insights into the risks associated with investing in syndication.
 
TOPICS
1:15 — Brad’s transition from chemical engineering to real estate5:20 — Getting fired from corporate America6:25 — Breaking into the world of real estate through seminars8:34 — Brad’s first property13:07 — Are motivational speakers and business coaches cheesy, or authentic?15:17 — Becoming the Tony Robbins of the multifamily syndication industry16:54 — Mentoring at Lifestyles Unlimited20:18 — Surviving 2008-201124:07 — What's a “good project for Brad” in 2024?26:11 — How many investors & LPs does Brad have on a typical deal?34:20 — What brings investors to the table36:52 — Effects of the presidential race on the economy and tax code37:38 — WSJ article on Brad & former students41:43 — Closing remarks from Brad 
 
We want to thank our sponsor Viking Capital. 
 
For more episodes of No Cap by CRE Daily visit https://www.credaily.com/podcast/
 
About No Cap Podcast
Commercial real estate is a $20 trillion industry and a force that shapes America’s economic fabric and culture. No Cap by CRE Daily is the commercial real estate podcast that gives you an unfiltered ”No Cap” look into the industry’s biggest trends and the money game behind them. Each week co-hosts Jack Stone and Alex Gornik break down the latest headlines with some of the most influential and entertaining figures in commercial real estate.
 
About CRE Daily 
CRE Daily is a digital media company covering the business of commercial real estate. Our mission is to empower professionals with the knowledge they need to make smarter decisions and do more business. We do this through our flagship newsletter (CRE Daily) which is read by 65,000+ investors, developers, brokers, and business leaders across the country. Our smart brevity format combined with need-to-know trends has made us one of the fastest growing media brands in commercial real estate.