JackChat June, 2019
With all this talk about being “late in the cycle”; are you protecting your downside? IF you are protecting your downside, are you also taking measured growth bets in some structured relative sized manner?
JackChat May, 2019
Multifamily – Sector affordability is a concern. While rent growth and rising property values have position connotations, these trends are not sustainable.
JackChat January, 2019
2018 was a productive year. I hope that your 2018 was a good one; one full of health, happiness and prosperity. My format from October, though brief and written more in the form of “Soundbites” rather than “deep content”, seemed to go over well. As the feedback (thank you) was generally positive (easier and faster to read) I will follow the same format with this update.
JackChat October, 2018
Since my last blog in June, the year continues to be robust for most. With the sun and wind at our backs; transactions flourish. Hit ratios suffer given the competition everyone faces to find, capitalized, and recapitalize a deal; but everyone seems to be prospering nonetheless.
JackChat June, 2018
The old saying “I would rather be lucky than smart”; how would we ever really know which of the two drove our individual fate professionally?
JackChat May, 2018
I just came back from the Spring ULI Council Meeting in Detroit. After Council Dinner I had a conversation with my oldest son about a class he is taking for his MBA. He was talking about “Red Ocean and Blue Ocean” businesses.
JackChat April, 2018
For almost 40 years I have enjoyed “tilting at windmills” in and around the Commercial Real Estate Industry. Two of my favorite rants have been directed at the Portfolio Lenders (early 90’s) and the Conduits (late 90’s).
Debt Funds Talk Overcrowding on Their Turf, the End of Quantitative Easing
Jack Cohen, the CEO of Darkknight Ventures, injected some levity into the discussion.
JackChat February, 2018
I just returned from the MBA CREF conference in San Diego, and one of my colleagues made the observation that "forecasting and making predictions of future movements in the cycle (property, economic, and capital flows) were based upon the past." This really got me thinking.
JackChat January, 2018
I am excited about 2018; I am excited about the uncertainty ahead. I truly believe that the industry is approaching an inflection point. Good? Bad? Unknown; however, what is known is we have an unprecedented opportunity to benefit from changes in revenue models of businesses operating across and adjacent to the real estate industry.