21 min listen
JF3450: The $1 Billion Question: Will the Money Raised for Distressed Office Be Successful? ft. Brian Pascus
JF3450: The $1 Billion Question: Will the Money Raised for Distressed Office Be Successful? ft. Brian Pascus
ratings:
Length:
32 minutes
Released:
Feb 14, 2024
Format:
Podcast episode
Description
It’s no secret what’s been happening in office real estate across the country since the pandemic. During COVID-19, as work-from-home became ingrained in the American economy, office values plummeted. Now, with $117B in US CRE office debt maturing in 2024 and a 20% vacancy rate (the highest in 40 years), investors with dry powder are preparing to capitalize. And it’s not just Institutional investors who are ready to pounce. According to a recent piece in Commercial Observer, Chad Carpenter, founder of Reven Capital, and Ethan Penner, CEO of Mosaic Real Estate Investors, recently launched a $1 billion publicly traded real estate investment trust to raise capital for distressed office opportunity. In this episode, Brian Pascus, the journalist who wrote the Commercial Observer piece, joins the Best Ever Show to discuss this trend and what it means for the future of office real estate, and investors. You can read his full piece here. Sponsors: Syndication Attorneys Monarch Money My1031Pros
Released:
Feb 14, 2024
Format:
Podcast episode
Titles in the series (100)
JF 09: One Critical Component of Building a Real Estate Biz: William Robison shares with you his Best Advice Ever and it relates to not only real estate investing but all aspects of business building. Plus, he sneaks in a tip on how to easily determine if a property has hardwood floors underneath the carpet! Lets g by Best Real Estate Investing Advice Ever