VIDEO SEARCH
2198 videos found
Jesse Shannon with Branch Properties joins Michael Bull in Studio One to discuss grocery-anchored retail performance in 2022.
Brought to you by:
Bull Realty - https://www.bullrealty.com/
Commercial Agent Success Strategies - https://www.commercialagentsuccess.com/
Barnes Creative Studios - https://www.barnescreativestudios.com/
America's Commercial Real Estate Show | Date Uploaded: December 21, 2023
| Date Created: March 25, 2022| Commercial Properties for Lease, Commercial Properties for Sale, Development/Planning/Entitlements, Economics/Market Reports/Research, Lending / Finance, Interviews / Speeches
| Retail
| ALL
Carl Whitaker with Real Page joins show host Michael Bull to discuss the current state and future of the multifamily sector.
America's Commercial Real Estate Show | Date Uploaded: December 21, 2023
| Date Created: March 16, 2022| Commercial Properties for Sale, Residential Properties for Lease, Economics/Market Reports/Research, Lending / Finance, Interviews / Speeches
| Multifamily
| ALL
While not brand new, the built-to-rent sector is growing fast, and the number of homes under construction has doubled in one year. Doug Ressler with Yardi Matrix joins show host Michael Bull to discuss the emerging built-to-rent sector.
America's Commercial Real Estate Show | Date Uploaded: December 21, 2023
| Date Created: March 16, 2022| Residential Properties for Lease, Development/Planning/Entitlements, Economics/Market Reports/Research, Interviews / Speeches
| Multifamily
| ALL
Happy Holidays from [CLIC] Connect Producer Dani & Craig. We will be back with new episodes in January 2024, New Guests, New Topics and more.... If you would like to become a Production Partner contact Producer Dani or Craig on our YouTube Channel DM or on LinkedIn. Register for the 7th Annual California Lodging Investment Conference at cliconference.com Happy Holidays....
[CLIC] | Date Uploaded: December 20, 2023
| Date Created: December 20, 2023| Marketing/PR, Interviews / Speeches
| Hospitality
| ALL
For more than 85 years, our clients have relied on Walker & Dunlop’s ideas and capital to bring their visions of communities across the U.S. to life. Our clients start the communities where people live, work, shop, and play, and we make them possible.
Walker & Dunlop - Company and Property Videos | Date Uploaded: December 19, 2023
| Date Created: April 14, 2023| Lending / Finance, Marketing/PR
| Multifamily, ALL
| ALL
Soleste Spring Gardens is a 240-Unit Luxury Mid-Rise Investment Opportunity in Miami, FL
Walker & Dunlop - Company and Property Videos | Date Uploaded: December 19, 2023
| Date Created: March 29, 2023| Commercial Properties for Sale
| Multifamily
| FLORIDA
Walker & Dunlop’s Houston Multifamily Investment Sales Team is pleased to announce the exclusive listing of Cortland Walker Ranch, located within the Blanco Road/West Avenue submarket, one of the more desirable areas near the heart of San Antonio.
The community offers top-flight unit amenities in renovated units with the opportunity to continue and complete the renovation program.
Convenient distance to major employers like USAA and University Hospital makes the everyday commute easy, and access to retail at North Star Mall affords residents a low-stress lifestyle
Walker & Dunlop - Company and Property Videos | Date Uploaded: December 19, 2023
| Date Created: March 21, 2023| Commercial Properties for Sale
| Multifamily
| TEXAS
We had an amazing 3 days together in Las Vegas at the beautiful ARIA Resort and Casino. Commercial bankers from around the nation came together to thoughtshare on a variety of pressing topics in the commercial real estate industry.
Save the dates for the 2024 Western States CREF Conference
California MBA | Date Uploaded: December 18, 2023
| Date Created: September 21, 2023| Events / Webinars, Lending / Finance, Marketing/PR
| ALL
| NEVADA
It was an unforgettable experience to attend the 2023 Western Secondary Market Conference. We were surrounded by the most influential minds in the industry, all gathered together to discuss the latest trends and topics in the secondary market. The energy was palpable and the conversations were inspiring.
We had the opportunity to listen to some of the most knowledgeable speakers in the field, and to take part in stimulating discussions about the current state of the industry. We also had the chance to network with other attendees and to gain valuable insights from their experiences.
California MBA | Date Uploaded: December 18, 2023
| Date Created: August 31, 2023| Events / Webinars, Lending / Finance, Marketing/PR
| ALL
| CALIFORNIA
The Guthrie North Gulch (the “Property”) offers investors a rare opportunity to acquire a wood-frame property in the urban submarket of Nashville, TN. The 271-unit community provides residents a luxury product at a significant discount to new construction properties in the Downtown submarket. The Property has not received any significant improvements since construction, allowing a new owner the opportunity to implement light value add upgrades.
Walker & Dunlop - Company and Property Videos | Date Uploaded: December 18, 2023
| Date Created: March 14, 2023| Commercial Properties for Sale
| Multifamily
| TENNESSEE
As we navigate the start of 2023, we wanted to give a quick nod to 2022 and all that we accomplished together.
Walker & Dunlop - Company and Property Videos | Date Uploaded: December 18, 2023
| Date Created: February 23, 2023| Lending / Finance, Marketing/PR
| Multifamily
| ALL
Today’s webinar is hosted by Ana Ramos. She is the managing director of the West Coast Regional for Walker & Dunlop Small Balance Multifamily Lending Group and has been in the industry for over 20 years. She is joined by panelists Luke Erlandson, Matt Jones, and Scott Doyle to discuss how private investors can navigate the current market for 5-150 multifamily properties.
Luke Erlandson is the Senior Director and the Midwest Production Head for Walker & Dunlop’s Small Balance Group, based in Chicago, and specializes in non-recourse financing solutions. Matt Jones is the Managing Director of Walker & Dunlop’s investment sales team based in Michigan and has 14 years of experience. Scott Doyle has worked in Walker & Dunlop’s investment sales team in the Mid-Atlantic region for three years.
The webinar starts with an overview of the market: deals are getting done, uncertainty among buyers and sellers, and a pessimistic view far from the truth. Financing activity has decreased, but options remain available for private investors, such as Fannie Mae, currently with the best fixed-rate pricing, agency products, flexible pre-pay, full-term interest, maximizing IO term, and Walker & Dunlop (W&D). To get successful loans, borrowers should do everything they can to have strong collections, and push rents as much as possible without affecting occupancy too much. They should also try minimizing and cutting expenses, aiming for the highest net operating income possible. By providing companies like W&D with strong financials, the best product is attainable. Sellers can prepare for the current market by considering occupancy rates remaining high, trade outs toward the top end of the range, and cap rates. It’s also important to have relationships with non-recourse solution specialists, understand the debt market, articulate plans clearly, and provide certainty of execution.
Cap rates are dependent on the product type. Capital buyers have the benefit of getting conviction around the microeconomics of an asset or sub-market. Rates have been macro across the country, and even in tertiary markets like the Midwest, there is still a 7-10% growth in trade-offs. Having the crutch of the US government, the Mid-Atlantic stays consistent at around 3-5% as deals are happening. For investors, rates are in the 5-7% range. W&D can help sellers and buyers have a better grasp of micro and national markets with the resources, tools, and collaboration they develop. They keep debt in-house, and leverage clients to put them in the best deals possible. The difference between W&D and local brokers is that W&D is a direct lending partner with Fannie Mae and Freddie Mac. Credit spreads are higher with the current environment, and everyone’s pricing risk differently, hoping Freddie and Fannie put out all the money allocated to them. Location affects investors’ preferences as many have found success in tertiary markets. When asked which is better, lower cap rates than interest or vice versa, it depends on how much you’re willing to stomach. Increasing default rates next year is likely as there’s potential for people to come in if some borrowers have problems.
Key Points In The Webcast:
02:22 Introduction of panelists
02:49 Overview of the market
05:35 Options for private investors
08:04 Tips for potential borrowers and sellers
11:11 Overview of cap rates
15:40 Services for sellers and buyers
17:41 Why Walker & Dunlop is different
22:06 Benchmark rates projections
23:31 The impact on investors’ preference
26:11 Are lower cap rates vs. interest rates better?
23:15 Increasing default rates on floating bridge loans
34:13 Other asset types
34:24 Refinancing in five vs. ten years
35:32 Deal size for private investors and minimum loans
36:35 Freddie vs. Fannie
39:50 Condo conversion and mortgage brokers
41:31 Green Globe certification and current floating rates
43:44 Closing advice
Walker & Dunlop - Company and Property Videos | Date Uploaded: December 18, 2023
| Date Created: October 25, 2022| Economics/Market Reports/Research, Events / Webinars, Lending / Finance, ESG (Environmental, Social and Governance)
| Multifamily
| ALL
Aven is a 536-unit, 38-story premier core opportunity in South Park, Los Angeles (DTLA).
Walker & Dunlop - Company and Property Videos | Date Uploaded: December 18, 2023
| Date Created: October 12, 2022| Commercial Properties for Sale
| Multifamily
| CALIFORNIA
Today’s webinar is hosted by Alison Williams, Allison Herrera, and Tim Cotter.
Download Webinar Slides: https://explore.walkerdunlop.com/sbl/...
Learn More About Walker & Dunlop Small Balance Lending: https://explore.walkerdunlop.com/sbl/...
Get a Loan Quote for a Five- to 150-Unit Multifamily Property: https://explore.walkerdunlop.com/sbl/...
Alison Williams is the Senior Vice President and Chief Production Officer for Walker & Dunlop. She carries 20 years of real estate experience in the company, previously as a broker and a Senior Director in W&D’s Capital Markets Group.
Allison Herrera, Senior Director and the Midwest Production Head for W&D’s small multifamily lending group, has two decades of commercial real estate work under her belt.
Tim Cotter, a Director at Walker & Dunlop, is responsible for nationwide loan origination and is based out of W&D’s Milwaukee office.
The webinar begins with Tim briefly describing the U.S. Treasury Index and the significant trends over the years. Treasury indexes have doubled a quick run-up in the past six months, and earlier in the week, it peaked at 3.48%, which he attributes to inflation. When asked how many multifamily loans they have closed with a 5% interest rate, 57% of the audience said none. Allison emphasizes that five and seven-year Treasury rates should also be considered and that the experts at Walker & Dunlop are apprised of the impacts and constant Movement of interest rates. The predictions for 2023-2024 remain uncertain, but interest rates are expected to increase in 2022. On the other hand, Alison points out that it is highly critical for investors to work with lenders that can canvass all debt sources. In 2021 alone, Walker & Dunlop sourced transactions from 250 different providers.
The multifamily debt sources are differentiated, starting with Freddie Mac and Fannie Mae. The two are government-sponsored, generally the most attractive, agnostic to economic changes, and focused on providing affordable housing to all. They allow 80% loan, cash-out-of-debt service, flexible prepayment structures, and financing for non-US citizens. Life companies target low-level, institutional quality, well-leased properties in the metropolitan area. Their loans differ depending on the market, as they are willing to stretch for the small and middle space. CMBS is generally “the last resort” for multifamily loans as the goal when utilizing this is to remove as much friction as possible. Bridge financing is geared toward properties that require additional stabilization or rehabilitation funds for upgrading, such as in the case of fire. It is considered a stepping stone to a refinanced permanent loan transaction, and the loans are typically 2-5 years with floating interest rates.
When managing interest rate risks, Allison suggests locking your interest rate when it rises, utilizing Fannie Mae’s practice of holding the rate upon application.
Key Points In The Webcast:
00:00 Introduction
00:40 Alison Williams welcomes Allison Herrera and Tim Cotter
02:31 Overview of the U.S. Treasury Index and factors for fluctuation
05:47 Closed multifamily loans with over 5% interest rates
07:25 Expected rising interest rates for 2022
08:28 Lenders and debt-sourcing
09:31 Freddie Mac, Fannie Mae, and HUD
13:37 Life companies, loan amounts, and CMBS as a last resort
17:02 Bridge financing and pro forma net operating income
18:40 Banks, credit unions, and drawbacks
22:27 Key strategies for managing interest rate risks
25:35 Correlation between cap rates and interest rates
27:37 Advice in achieving higher leverage point for debt
35:20 Optimizing bridge financing with a HUD223(f) loan
35:35 When to use HUD over Fannie Mae and Freddie Mac
39:43 Changes to agency fees and options for non-recourse
41:23 WD financing for other interests and bridge loans for 1031 sales
41:55 Movement of Spreads and best choice for multifamily construction
Walker & Dunlop - Company and Property Videos | Date Uploaded: December 18, 2023
| Date Created: June 17, 2022| Lending / Finance, Interviews / Speeches
| Multifamily
| ALL
In just five years, Mark Hafner grew HASTA Capital into a $1 billion company. Today, he is expanding their multifamily operations abroad.
Mark’s fascination with where people live, and building something new, began early in life. Growing up in Rochester, New York, he would stare up at buildings and cranes from the car window and wonder: Who built those? And what were they for?
“Even today when I’m driving, my wife yells at me, ‘You’ll crash the car if you don’t stop looking at all those cranes,” he laughed.
Mark’s interest in construction and cranes led him to Harvard Business School to study business and real estate. He then moved to Charleston, South Carolina to work for a budding company called Greystar, now the largest operator of apartments in the U.S.
While at Greystar, Mark’s role expanded significantly, and he ultimately led the company’s international expansion into Europe and Latin America. He oversaw the investment and development of over 30,000 residential units and over $9 billion of multifamily rental properties and student housing.
Walker & Dunlop - Company and Property Videos | Date Uploaded: December 18, 2023
| Date Created: June 10, 2022| Lending / Finance, Marketing/PR
| Multifamily
| ALL
Walker & Dunlop’s Midwest Investment Sales Team presents One Arlington Apartments in Arlington Heights, Illinois. The highly amenitized 13-story structure offers 214 residential units across studio, one- and two-bedroom floor plans along with 15,800 square feet of ground floor retail space operating as a 25N Coworking facility.
A 5-minute drive to the Arlington Park Metra stop, the property is also next door to Arlington International Racecourse. The 326-acre parcel of land is currently under negotiation with the NFL’s Chicago Bears to be the site of a brand-new state-of-the-art stadium and entertainment complex.
With a median tenant household income of $102,000, strong property level lease trade-outs, and historically high projected submarket rent increases, One Arlington Apartments is well positioned to continue growth in Chicagoland’s highly desirable northwest suburbs.
Walker & Dunlop - Company and Property Videos | Date Uploaded: December 18, 2023
| Date Created: June 06, 2022| Commercial Properties for Sale
| Multifamily, Retail, Mixed-Use: Multifamily / Retail
| ILLINOIS
Walker & Dunlop’s property sales team is pleased to present Avondale Cottages, a luxury 40-home build-for-rent (“BFR”) community located adjacent to historic downtown Franklin, TN. This soon-to-be-completed community boasts the best location and highest finish qualities of any for-rent executive housing option in the Nashville MSA.
The property is in a walkable location and is embedded in the highly desirable Franklin submarket of Williamson County and benefits from exceptional schools, area amenities, and an extraordinarily high-quality community with a substantial corporate employment base a short drive from downtown Nashville, TN. With limited comparable options in the area, Avondale Cottages provides a luxurious rental alternative complete with custom home finishes in a charming neighborhood setting.
Walker & Dunlop - Company and Property Videos | Date Uploaded: December 18, 2023
| Date Created: May 31, 2022| Commercial Properties for Sale
| Multifamily
| TENNESSEE
WDIS California would like to invite you on a brief tour of Laurel Grove in Salinas, CA, which is currently listed by Walker & Dunlop.
Walker & Dunlop - Company and Property Videos | Date Uploaded: December 18, 2023
| Date Created: May 25, 2022| Commercial Properties for Sale
| Multifamily
| CALIFORNIA
During Walker & Dunlop’s 2022 Virtual Investor Day, members of senior management provide updates on Walker & Dunlop’s Drive to ’25 objectives, with a focus on new business areas, including Zelman, Apprise, Small Balance Lending, and Affordable Housing.
GET NOTIFIED about upcoming shows:
» Subscribe to our YouTube channel here:
/ @walkerdunlop
» See upcoming guests on the #WalkerWebcast here:
https://www.walkerdunlop.com/webcasts/
RELATED WEBCASTS: Tune in on Wednesdays for fresh perspectives about leadership, business, the economy, commercial real estate, and more! #WillyWalker hosts a diverse network of leaders as they share wisdom that cuts across industry lines. Guests include prominent CEOs, academics, high-ranking government officials, and sports heroes.
Walker & Dunlop - Company and Property Videos | Date Uploaded: December 18, 2023
| Date Created: May 20, 2022| Residential Properties for Lease, Residential Properties for Sale, Economics/Market Reports/Research, Lending / Finance, Technology / Proptech, Appraisal, Interviews / Speeches
| Residential, Multifamily
| ALL
Housing market questions? Consider them answered! On the latest Walker Webcast, Willy was joined by THE housing expert, Stuart Miller, Executive Chairman and Co-CEO of Lennar Corporation, one of the nation’s largest homebuilders.
They discussed the evolution of Lennar from when his father co-founded it to today, the company’s emphasis on culture and technology, the latest innovations on the homebuilding front, the supply deficit in the housing market, where the single vs. multifamily markets stand, the growing need for affordable housing, and much more.
Watch or listen to the replay.
If you have any comments or questions, please reach out to your main Walker & Dunlop point of contact. We are all available to answer questions and provide assistance. Additionally, if you have topics you would like covered during one of our future webcasts, we would be happy to take your suggestions.
Key Points In The Webcast:
00:33 Willy welcomes Stuart Miller
01:56 Going to law school and handling the family business
05:46 Why did Lennar go public?
08:07 Leadership lessons from Stuart’s father
12:51 The ultimate deal that sparked Lennar’s growth
16:16 Why merge with CalAntlantic?
18:59 Inspired by Disney: Lennar’s culture of comfort
25:22 Innovation over profit and Lennar’s vision for AI
29:05 Lennar’s technological initiative with Opendoor
31:37 Factors behind Katerra’s failure
36:53 The risk of overinvesting: Should you sell your home?
40:18 How much share do large homebuilders get?
44:01 Why homeownership should be the norm
46:46 Affordable housing: Is 3D printing the solution?
50:27 The implications of the NAR lawsuit
52:49 How Lennar supports professors and department chairs
GET NOTIFIED about upcoming shows:
» Subscribe to our YouTube channel here:
/ @walkerdunlop
» See upcoming guests on the #WalkerWebcast here:
https://www.walkerdunlop.com/webcasts/
Related webcasts: Tune in on Wednesdays for fresh perspectives about leadership, business, the economy, commercial real estate, and more! #WillyWalker hosts a diverse network of leaders as they share the wisdom that cuts across industry lines.
Walker & Dunlop - Walker Webcasts | Date Uploaded: December 18, 2023
| Date Created: November 09, 2023| Residential Properties for Lease, Residential Properties for Sale, Construction, Development/Planning/Entitlements, Economics/Market Reports/Research, Educational Programs, Legal, Lending / Finance, Technology / Proptech, Interviews / Speeches
| Residential, Multifamily
| ALL
Acclaimed economist Dr. Peter Linneman joined Willy once again for the Most Insightful Hour in CRE, Live from the New York Stock Exchange – and you won’t want to miss his hot takes on today’s most pressing issues.
They covered topics from the latest Linneman Letter including the housing market, how the major economies across the U.S. are performing, the state of the CRE asset classes, the longstanding impact of global tensions on the economy, the Fed’s next move, the public vs. private markets, and much more.
Watch or listen to the replay.
If you have any comments or questions, please reach out to your main Walker & Dunlop point of contact. We are all available to answer questions and provide assistance. Additionally, if you have topics you would like covered during one of our future webcasts, we would be happy to take your suggestions.
Key Points In The Webcast:
00:00 Introduction
00:55 How rate hikes affect only a fraction of the US economy
06:12 The positive signs of conventions turnout and GDP growth
10:57 The factors behind the volatile energy consumption patterns
13:58 The human and social aspects of the economic recovery
16:11 Cap rate activity amidst recovering employment levels
23:47 The pros and cons of office-to-multi conversion projects
28:42 Flexible working hours and thriving in a service economy
31:23 The root causes and implications of rising credit card debt
36:04 The cyclical nature of economic problems and how to prepare for them
40:07 The potential impact of the Israel-Hamas war on the economy
44:07 Why the forward curve is not a reliable indicator of future outcomes
47:34 The projections and expectations for the ten-year Treasury rate and oil prices
50:34 The comparison & contrast of public & private cap rates and their movements
55:20 The role and influence of election risk on the economic outlook
Related webcasts: Tune in on Wednesdays for fresh perspectives about leadership, business, the economy, commercial real estate, and more! #WillyWalker hosts a diverse network of leaders as they share the wisdom that cuts across industry lines.
Walker & Dunlop - Walker Webcasts | Date Uploaded: December 18, 2023
| Date Created: October 16, 2023| Economics/Market Reports/Research, Government, Lending / Finance, News, Employment / Jobs, Interviews / Speeches
| Multifamily, Office, ALL
| ALL
On the latest Walker Webcast, we featured Willy’s opening remarks from this year’s Summer Conference in Sun Valley – and you won’t want to miss his perspective on where the CRE industry and economy are headed.
You’ll hear his take on Fed policy, the future of office, the need for younger leadership in our country, AI’s massive implications to businesses and health, the economics of climate change and how it’ll impact our society, and much more.
Watch or listen to the replay.
If you have any comments or questions, please reach out to your main Walker & Dunlop point of contact. We are all available to answer questions and provide assistance. Additionally, if you have topics you would like covered during one of our future webcasts, we would be happy to take your suggestions.
Key Points In The Webcast:
01:19 Looking back at 2022 and preparing for the unforeseen
08:30 Housing Trends: CPI insights & office financing dynamics
17:23 Predictions on Fed Funds, Oil, and Unemployment
21:18 The biggest factors pushing interest rates
25:03 Challenges in Multifamily & the Evolution of Office Spaces
31:06 How does AI impact media and medicine?
38:05 W&D's Tech Roadmap: Future Endeavors
39:40 Student debt and its impact on home ownership
41:40 China's Travel Scene: The Intersection of Tourism and Finance Solutions
45:29 BREITs & SREITs Investment Trends in 2023
48:43 The Forward Curve: Why Skepticism is Warranted
50:17 The economics of climate change
52:30 Pursuit of Wellbeing: Tips for a Longer, Healthier Life
GET NOTIFIED about upcoming shows:
» Subscribe to our YouTube channel here:
/ @walkerdunlop
» See upcoming guests on the #WalkerWebcast here:
https://www.walkerdunlop.com/webcasts/
Related webcasts: Tune in on Wednesdays for fresh perspectives about leadership, business, the economy, commercial real estate, and more! #WillyWalker hosts a diverse network of leaders as they share the wisdom that cuts across industry lines.
Walker & Dunlop - Walker Webcasts | Date Uploaded: December 18, 2023
| Date Created: August 31, 2023| Economics/Market Reports/Research, Government, Lending / Finance, REITs / Investment Funds, ESG (Environmental, Social and Governance), Interviews / Speeches
| Multifamily, Office, ALL
| ALL
Our next guest is one of the most influential economists for businesses, journalists, and the public and is a trusted adviser to the nation’s top policymakers. As the leading provider of economic research and data, he has made a career out of helping clients navigate the ever-changing marketplace.
Dr. Mark Zandi, chief economist of Moody’s Analytics, joins Willy on the Walker Webcast to discuss the multi and single-family housing markets, predictions about the Federal Reserve’s next move, the strength of the U.S. economy, and so much more.
Watch the replay
If you have any comments or questions, please reach out to your main Walker & Dunlop point of contact. We are all available to answer questions and provide assistance. Additionally, if you have topics you would like covered during one of our future webcasts, we would be happy to take your suggestions.
Key Points In The Webcast:
03:00 Effects of the Fitch Rating downgrade
06:08 The importance of consumer confidence
08:52 Debt load isn’t a problem
11:50 Have we been complacent with the Fed funds rates?
16:48 Where Fed funds are headed
20:02 Will the state of the banking sector worsen?
25:45 Concerns on private capital markets
28:44 Employment and wage growth
31:27 Will immigration reform affect the economy?
36:48 How the refi wave influence consumer balance
39:06 Fannie and Freddie conservatorship
41:44 The future of oil prices
45:18 Is the student debt relief plan an issue?
49:23 Housing recession and what it means for multifamily
55:26 What lies ahead in 2024
GET NOTIFIED about upcoming shows:
» Subscribe to our YouTube channel here:
/ @walkerdunlop
» See upcoming guests on the #WalkerWebcast here:
https://www.walkerdunlop.com/webcasts/
Related webcasts: Tune in on Wednesdays for fresh perspectives about leadership, business, the economy, commercial real estate, and more! #WillyWalker hosts a diverse network of leaders as they share the wisdom that cuts across industry lines
Walker & Dunlop - Walker Webcasts | Date Uploaded: December 18, 2023
| Date Created: August 03, 2023| Residential Properties for Lease, Residential Properties for Sale, Economics/Market Reports/Research, Government, Lending / Finance, Interviews / Speeches
| Residential, Multifamily
| ALL
For the 150th episode of the Walker Webcast, we welcomed Marc Lipschultz, Co-Chief Executive Officer of Blue Owl Capital Inc., one of the fastest-growing alternative asset management firms with $144 billion in assets under management.
He and Willy discussed Blue Owl’s innovative business model, the shift from public to private markets, how AI is impacting investment strategies, his company’s CRE platform, the growth of the alternative fuel and energy space, and much more.
Watch or listen to the replay.
If you have any comments or questions, please reach out to your main Walker & Dunlop point of contact. We are all available to answer questions and provide assistance. Additionally, if you have topics you would like covered during one of our future webcasts, we would be happy to take your suggestions.
Key Points In The Webcast:
04:52 Willy introduces Marc Lipschultz
06:13 Working on the Michael J. Fox Foundation
12:10 The power of the US capital markets
13:54 Why operate predominantly in the US?
17:22 Credit isn’t an issue
22:10 Should we be scared of AI?
27:25 The benefits of AI for tech companies
31:16 How Blue Owl Capital provides solutions
34:23 General partnership and investing in sports teams
41:33 Blue Owl’s real estate portfolio stands out
46:32 Why a three-co-president structure works
49:41 Encouraging open dialogue in the workplace
54:00 What’s new in alternative fuel energy
55:55 Where should oil prices go?
58:56 Fed funds projection and what to do
GET NOTIFIED about upcoming shows:
» Subscribe to our YouTube channel here:
/ @walkerdunlop
» See upcoming guests on the #WalkerWebcast here:
https://www.walkerdunlop.com/webcasts/
Related webcasts: Tune in on Wednesdays for fresh perspectives about leadership, business, the economy, commercial real estate, and more! #WillyWalker hosts a diverse network of leaders as they share the wisdom that cuts across industry lines.
Walker & Dunlop - Walker Webcasts | Date Uploaded: December 18, 2023
| Date Created: July 27, 2023| Economics/Market Reports/Research, Lending / Finance, Technology / Proptech, REITs / Investment Funds, Interviews / Speeches
| ALL
| ALL
Our most watched guest is back with even more hot takes on the economy and CRE. Willy was joined once again by acclaimed economist, Dr. Peter Linneman. They covered today’s most pressing issues including the Fed’s next move, the impact of the economy on the CRE asset classes, which regions are seeing the most growth, his predictions for the future, and much more.
Watch or listen to the replay
If you have any comments or questions, please reach out to your main Walker & Dunlop point of contact. We are all available to answer questions and provide assistance. Additionally, if you have topics you would like covered during one of our future webcasts, we would be happy to take your suggestions.
Key Points In The Webcast:
05:55 Did last quarter’s predictions come true?
14:01 Getting clear on interest rate sensitivity
20:37 Insights on speculative real estate
23:35 Should we be worried about too many office loans?
28:08 Are unemployment rates a predictor of growth?
34:20 Consumer spending in the current economy
37:45 Will more people be paying debts?
40:29 Breaking down the issue of national debt
45:12 Is now the time to invest in real estate?
48:45 Why foreign buyers are still lagging behind
53:00 State of multifamily markets in major cities
54:00 Buyer confidence and the Chinese consumer base
59:56 Dr. Linneman’s investment advice
GET NOTIFIED about upcoming shows:
» Subscribe to our YouTube channel here:
/ @walkerdunlop
» See upcoming guests on the #WalkerWebcast here:
https://www.walkerdunlop.com/webcasts/
Walker & Dunlop - Walker Webcasts | Date Uploaded: December 18, 2023
| Date Created: July 13, 2023| Economics/Market Reports/Research, Lending / Finance, Interviews / Speeches
| Multifamily, Office, ALL
| ALL
On the latest Walker Webcast, we were once again joined by the Walker & Dunlop experts for a 360 view of the CRE markets. Kris Mikkelsen, Executive Vice President of Investment Sales, Aaron Appel, Senior Managing Director of Capital Markets, and Ivy Zelman, Executive Vice President of Research and Securities, covered today’s most pressing topics.
You won’t want to miss this deep dive into the state of CRE.
Watch the replay.
If you have any comments or questions, please reach out to your main Walker & Dunlop point of contact. We are all available to answer questions and provide assistance. Additionally, if you have topics you would like covered during one of our future webcasts, we would be happy to take your suggestions.
Key Points In The Webcast:
1:01 Willy welcomes Ivy Zelman, Kris Mikkelsen, and Aaron Appel to discuss the State of CRE
2:23 Changes in homebuilding and consumer spending
7:37 Stable pricing in multifamily?
11:25 How mortgage deals are currently financed
13:39 Challenges in office liquidity
16:11 What to watch out for in the housing market
20:30 Multifamily remains competitive
27:15 Leveraging other asset classes
30:07 Housing relies on buyer confidence
35:50 Getting the economy at a steady pace
38:55 The banking crisis isn’t over
42:48 Buy debt or go into equity?
46:12 What needs to happen in the market now
48:14 CRE year-end predictions
GET NOTIFIED about upcoming shows:
» Subscribe to our YouTube channel here:
/ @walkerdunlop
» See upcoming guests on the #WalkerWebcast here:
https://www.walkerdunlop.com/webcasts/
Related webcasts: Tune in on Wednesdays for fresh perspectives about leadership, business, the economy, commercial real estate, and more! #WillyWalker hosts a diverse network of leaders as they share the wisdom that cuts across industry lines.
Walker & Dunlop - Walker Webcasts | Date Uploaded: December 18, 2023
| Date Created: May 11, 2023| Development/Planning/Entitlements, Economics/Market Reports/Research, Events / Webinars, Government, Lending / Finance
| Residential, Multifamily, Office
| ALL
On a special, live-streamed episode of the Walker Webcast, Willy was joined by renowned economist Dr. Peter Linneman for an in-person conversation. They discussed the most pressing issues facing the economy, pandemic repercussions, market predictions, and so much more. You won’t want to miss the most insightful hour in CRE – live & unplugged.
Watch the replay
If you have any comments or questions, please reach out to your main Walker & Dunlop point of contact. We are all available to answer questions and provide assistance. Additionally, if you have topics you would like covered during one of our future webcasts, we would be happy to take your suggestions.
Key Points In The Webcast:
03:09 An imminent recession?
05:33 Inflation is dead
12:00 Start buying for the long term now
15:23 Two things to thrive in real estate
18:42 Banking crisis effects on real estate
24:12 Liquidity for office spaces
29:10 Are offices being occupied?
38:45 Consumers and mortgage rates
43:09 Tackling student debt
49:18 Housing and affordability
52:56 Supply vs. demand in micro markets
54:45 Growth in retail sales
56:07 Investing in hospitality
1:01:13 Dry powder in public equity
GET NOTIFIED about upcoming shows:
» Subscribe to our YouTube channel here:
/ @walkerdunlop
» See upcoming guests on the #WalkerWebcast here:
https://www.walkerdunlop.com/webcasts/
Related webcasts: Tune in on Wednesdays for fresh perspectives about leadership, business, the economy, commercial real estate, and more! #WillyWalker hosts a diverse network of leaders as they share the wisdom that cuts across industry lines.
Walker & Dunlop - Walker Webcasts | Date Uploaded: December 18, 2023
| Date Created: April 13, 2023| Economics/Market Reports/Research, Government, Lending / Finance, Interviews / Speeches
| Multifamily, Office, Retail, ALL
| ALL
On a special Walker Webcast, Willy was joined by President & CEO of Real Estate Roundtable, Jeff DeBoer, and President of NMHC, Sharon Wilson Géno, who shared invaluable insights on the state of CRE.
Jeff has been at the forefront of national policy affecting the real estate industry for the past thirty-five years, and Sharon has guided government entities around housing affordability, community development, and other policy challenges for more than 30 years.
They discussed hot topics including the convergence of real estate and politics, the effect of the banking crisis on multifamily housing, the affordable housing crisis, and much more.
Watch the replay
If you have any comments or questions, please reach out to your main Walker & Dunlop point of contact. We are all available to answer questions and provide assistance. Additionally, if you have topics you would like covered during one of our future webcasts, we would be happy to take your suggestions.
Key Points In The Webcast:
01:40 Willy welcomes Jeff DeBoer and Sharon Wilson Géno
04:28 Banking crisis impact on real estate and government response
6:57 Are changes to insurance rules needed?
9:34 Regulators making a move
13:44 Liquidity and post-COVID adjustment
17:52 Political initiatives for rent control
21:44 Promoting tenants’ rights
27:04 HUD’s D4 program and underlying hurdles
31:05 Converting office to multifamily
35:38 Senator Schumer and tax conversions
40:52 Debt ceiling and entitlement reform
44:37 Many ideas, little movement
46:46 What needs to change in the House
50:10 Future projections
54:46 Insights on the 2024 Senate Elections
GET NOTIFIED about upcoming shows:
» Subscribe to our YouTube channel here:
/ @walkerdunlop
» See upcoming guests on the #WalkerWebcast here:
https://www.walkerdunlop.com/webcasts/
Related webcasts: Tune in on Wednesdays for fresh perspectives about leadership, business, the economy, commercial real estate, and more! #WillyWalker hosts a diverse network of leaders as they share the wisdom that cuts across industry lines.
Walker & Dunlop - Walker Webcasts | Date Uploaded: December 18, 2023
| Date Created: April 06, 2023| Residential Properties for Lease, Residential Properties for Sale, Economics/Market Reports/Research, Government, Legal, Lending / Finance, Trade Groups, Interviews / Speeches
| Residential, Multifamily, Office
| ALL
It’s a challenging time for investing, and the Silicon Valley Bank collapse is inciting even more uncertainty. We couldn’t have picked a better time to have Michael Arougheti, Director, Co-Founder, Chief Executive Officer, and President of Ares Management, on the Walker Webcast.
He and Willy discussed his take on the SVB collapse and its broader implications, the state of the credit markets, what he’s seeing in the macro environment, how Ares has handled back to office, and so much more.
Watch the replay
If you have any comments or questions, please reach out to your main Walker & Dunlop point of contact. We are all available to answer questions and provide assistance. Additionally, if you have topics you would like covered during one of our future webcasts, we would be happy to take your suggestions.
Key Points In The Webcast:
1:30 Willy introduces Michael Arougheti
2:35 Thoughts on the Fed’s latest actions
7:32 Broader implications of the SVB collapse
12:03 Why ten-year bonds became SVB’s downfall
16:47 Where deposits are headed
20:49 Conflict of interest in commercial real estate loans
24:46 Suggestions for the Fed’s next meeting
28:55 Economy and middle-market projections
33:00 Overvaluing liquidity
37:04 Having a balanced view of the market
40:47 Is 10-12% returns still ideal?
43:13 Recruiting and training for investing
46:15 In-office is still best
50:15 How Ares implements ESG
53:55 Staying optimistic about the future
GET NOTIFIED about upcoming shows:
» Subscribe to our YouTube channel here:
/ @walkerdunlop
» See upcoming guests on the #WalkerWebcast here:
https://www.walkerdunlop.com/webcasts/
Related webcasts: Tune in on Wednesdays for fresh perspectives about leadership, business, the economy, commercial real estate, and more! #WillyWalker hosts a diverse network of leaders as they share the wisdom that cuts across industry lines.
Walker & Dunlop - Walker Webcasts | Date Uploaded: December 18, 2023
| Date Created: March 16, 2023| Economics/Market Reports/Research, Government, Lending / Finance, REITs / Investment Funds, ESG (Environmental, Social and Governance), Employment / Jobs, Interviews / Speeches
| ALL
| ALL
CRE Investment Outlook with Chris Lee, Head of Real Estate Americas at KKR
With market uncertainty, higher interest rates, and rising cap rates, many CRE investors are wondering whether to sit on the sidelines or get active.
Chris Lee, Partner at global investment firm KKR and Head of Americas for the firm’s real estate business, isn’t waiting around. On the latest Walker Webcast, he joined Willy to discuss CRE valuation drivers, asset class performance, his thoughts on back-to-office vs. remote work, the state of the labor markets, the power of mentorship, and so much more.
Watch the replay
If you have any comments or questions, please reach out to your main Walker & Dunlop point of contact. We are all available to answer questions and provide assistance. Additionally, if you have topics you would like covered during one of our future webcasts, we would be happy to take your suggestions.
Key Points In The Webcast:
02:17 Willy welcomes Chris Lee
04:54 Is it time to invest?
08:37 What drives the market now
10:34 The state of CMBS and equity
13:32 Credit, office spaces, and hybrid work
19:18 More leases from the tech industry
21:39 Should outsourcing be an option?
23:50 Changes needed in logistics
26:12 Real estate demand and research
31:27 How the labor market is affecting rates
34:05 Trends in multifamily, SFR, and BFR
37:44 What to expect when raising funds
41:45 Diversity of capital flows
44:54 Implications of the China-Taiwan geopolitics
48:15 Chris’ experience in excellence
50:50 More opportunities for minorities
55:25 The importance of mentorship
GET NOTIFIED about upcoming shows:
» Subscribe to our YouTube channel here:
/ @walkerdunlop
» See upcoming guests on the #WalkerWebcast here:
https://www.walkerdunlop.com/webcasts/
Related webcasts: Tune in on Wednesdays for fresh perspectives about leadership, business, the economy, commercial real estate, and more! #WillyWalker hosts a diverse network of leaders as they share the wisdom that cuts across industry lines.
Walker & Dunlop - Walker Webcasts | Date Uploaded: December 18, 2023
| Date Created: February 09, 2023| Commercial Properties for Lease, Commercial Properties for Sale, Residential Properties for Lease, Residential Properties for Sale, Economics/Market Reports/Research, Lending / Finance, REITs / Investment Funds, ESG (Environmental, Social and Governance), Employment / Jobs, Interviews / Speeches
| Industrial, Multifamily, Office
| ALL
In today's episode, Willy welcomes Dr. Peter Linneman. Dr. Linneman is a leading economist, former Wharton professor, and the CEO and founder of the American Land Fund and KL Realty. He is a co-founding editor of The Wharton Real Estate Review, publishing 80 articles. He is cited as one of the 25 Most Influential People in Real Estate by Realtor Magazine and one of the 100 Most Powerful People in New York Real estate by the New York Observer. He is a highly sought-after speaker and author, with his quarterly research, The Linneman Letter, the most respected publication in real estate for the past decade.
Key Points In The Webcast:
02:07 Willy summarizes this quarter’s Linneman Letter
06:29 “Staying alive” at zero inflation and what that means
08:40 Clarity today on the GFC (Global Financial Crisis)
11:06 Banks and loan production
15:16 Holding longer without fear
19:43 Consider these inflation indexes
24:28 The state of unemployment
28:45 More wealth for the consumer
32:37 The 32-hour workweek
37:19 The demand for office spaces
43:18 Investing in CRE vs. industrial
47:02 How retail is making money
50:32 The progress in hospitality
55:25 Cons of high-growth markets
57:49 2023 predictions
01:01:25 Leading political candidates
GET NOTIFIED about upcoming shows:
» Subscribe to our YouTube channel here:
/ @walkerdunlop
» See upcoming guests on the #WalkerWebcast here:
https://www.walkerdunlop.com/webcasts/
Related webcasts: Tune in on Wednesdays for fresh perspectives about leadership, business, the economy, commercial real estate, and more! #WillyWalker hosts a diverse network of leaders as they share the wisdom that cuts across industry lines.
Walker & Dunlop - Walker Webcasts | Date Uploaded: December 18, 2023
| Date Created: January 20, 2023| Commercial Properties for Lease, Economics/Market Reports/Research, Government, Lending / Finance, Interviews / Speeches
| Hospitality, Industrial, Office, Retail, ALL
| ALL
In today's episode, Willy welcomes Richard Baker. Baker is currently the governor, CEO, and executive chairman of Hudson’s Bay Company (HBC), and is also the owner of National Realty and Development Corp (NRDC). In 2006, he acquired Lord & Taylor for $1.2 billion and served as its Chairman. He purchased Hudson’s Bay in 2006 and took the company public in 2012, getting it listed on the Toronto Stock Exchange.
The show starts with Richard emphasizing that “We’re all born with what we’re born with,” pointing out his innate ability to see things differently from a young age and his drive to go a different route. He believes that we need to maximize our strengths to build our self-confidence.
Having studied hospitality at Cornell University, he thinks hospitality applies to all fields. As a natural people-pleaser, he aimed to change how real estate developers do business by focusing on customer service. Although his plans to acquire Toys R’ Us fell through, he created NRDC. Being in the game got him the Lord & Taylor acquisition. “If you’re always hanging out by the hoop and playing the game, then you’ll make your share of baskets,” he says. He states that “We’re not investors, we’re value creators,” using intellectual leverage as a tool. The financial crisis only led him to pivot and maneuver in the right direction. Richard spotted an opportunity in Canada to turn it into a credit landscape, buying Hudson’s Bay despite initial detractors.
Richard believes that great companies have a great culture steeped into their DNA. The only way for large-scale businesses to function is to create a culture, nourish an existing one, or replace a bad one. Success means that everyone in the organization understands the big plan.
With the popularity of online retail, Richard believes that brick-and-mortar stores will only go broke if they don’t play their cards right. He has always focused on delivering spectacular products, treating associates with respect, teaching them how to be promising entrepreneurs, and nourishing their partners. For the next two years, he foresees more consumers spending more money, especially on on-sale items. He aims to continue to find out how to manage his assets and marketing to acquire more market share.
Tune in to this new episode of the Walker Webcast — Playing the Real Estate Game with Richard Baker, Governor, CEO, and Executive Chairman of Hudson’s Bay Company. ▶️
Key Points In The Webcast:
00:51 Willy welcomes Richard Baker
01:51 Thinking differently in childhood
04:16 Entrepreneurial spark and real estate
07:01 Hospitality is in all fields
11:52 Becoming an operating company runner
16:10 How to catch business opportunities
18:25 Buying Hudson’s Bay
21:53 What makes companies great
25:28 Company culture determines success
28:15 Acquiring Saks
31:43 Why splitting businesses works
34:23 Sustaining retail long-term
39:31 A good time for shared workspaces
41:36 Moving from traditional to forward-looking retail
43:01 Mental health as a priority
46:50 Retail outlook in 2023-2024 and Sir Elton John
GET NOTIFIED about upcoming shows:
» Subscribe to our YouTube channel here:
/ @walkerdunlop
» See upcoming guests on the #WalkerWebcast here:
https://www.walkerdunlop.com/webcasts/
Related webcasts: Tune in on Wednesdays for fresh perspectives about leadership, business, the economy, commercial real estate, and more! #WillyWalker hosts a diverse network of leaders as they share the wisdom that cuts across industry lines.
Walker & Dunlop - Walker Webcasts | Date Uploaded: December 18, 2023
| Date Created: December 29, 2022| Commercial Properties for Lease, Commercial Properties for Sale, Development/Planning/Entitlements, Economics/Market Reports/Research, Lending / Finance, Tenant Concepts, REITs / Investment Funds, Interviews / Speeches
| Hospitality, Retail
| ALL
In today's episode, Willy welcomes Kris Mikkelsen, Ivy Zelman, and Aaron Appel. Kris Mikkelsen is the Executive Vice President of Walker & Dunlop Investment Sales and is responsible for the origination and execution of investment sales and equity capital raise for multifamily assets focusing on the Southeastern markets. Ivy Zelman is the Executive Vice President of Walker & Dunlop Research and Securities. She is also the CEO of Zelman & Associates, a leading housing research and investment banking firm acquired by Walker & Dunlop in 2021. Aaron Appel is the Senior Managing Director of Capital Markets at Walker & Dunlop. He focuses on sourcing and structuring financing for all commercial real estate asset classes nationally.
The episode starts with Ivy stating that the overall underwriting has significantly changed in terms of stringency and more conservative rent assumptions due to the uncertainty of capital cost. Kris explains that negative sentiment shows across the board because of the low supply index. A hawkish stance remains unless employment figures hike up. Core plus value-add multifamily assets have liquidity but cost more, according to Aaron. If borrowing costs increase substantially, less is needed to pay for the asset. Talking about his recent bridge loan, Aaron mentioned a good spread for the lender in loan value versus loan amount. Ivy adds that overall rent growth is holding up at levels of renewal basis; however, renewals will be stickier. Her forecast for rent growth is above 4.5% and moderation to 2%. The data is much more optimistic compared to new move-in rates. She also describes how more competition, such as in the supply from build-for-rent (BFR) operators or investors selling single-family rentals (SFR), is expected in 2023 and puts more pressure on decelerating rents. Affordability is also a factor for for-sale builders to turn to the rental market and sell units on a scattered basis.
Tune in to this new episode of the Walker Webcast — State of CRE with Kris Mikkelsen, Ivy Zelman, and Aaron Appel. ▶️
Key Points In The Webcast:
00:35 Willy welcomes Ivy Zelman, Kris Mikkelsen, and Aaron Appel
02:34 State of capital and underwriting
07:37 Financing and a bridge loan
10:06 Rent growth, competition, and move-in rates
15:52 Challenges in construction loans
17:17 Anecdotes on the challenges and a probable cause
23:51 Private capital, BREIT, and inflation
29:04 Possible relief of inflationary pressures
32:57 A leeway for certain markets
37:20 The biggest issue in the financial system
39:10 Mortgage and low leverage
41:22 SFR/BFR and a hopeful forecast
44:35 Land development
46:04 What smart money is doing now
GET NOTIFIED about upcoming shows:
» Subscribe to our YouTube channel here:
/ @walkerdunlop
» See upcoming guests on the #WalkerWebcast here:
https://www.walkerdunlop.com/webcasts/
Related webcasts: Tune in on Wednesdays for fresh perspectives about leadership, business, the economy, commercial real estate, and more! #WillyWalker hosts a diverse network of leaders as they share the wisdom that cuts across industry lines.
Walker & Dunlop - Walker Webcasts | Date Uploaded: December 18, 2023
| Date Created: December 08, 2022| Residential Properties for Lease, Development/Planning/Entitlements, Economics/Market Reports/Research, Events / Webinars, Government, Lending / Finance, REITs / Investment Funds
| Residential, Multifamily, ALL
| ALL
In today's episode, Willy welcomes Bobby Turner. He is the CEO and Principal of Turner Impact and has established himself as a pioneer in social impact investing. A graduate of the Wharton School at the University of Pennsylvania, he is the former Chairman, CEO, and Co-Founding Partner of Canyon Capital Realty Advisors and has committed to offering reasonable financial returns for investors and developing opportunities for underserved communities.
Tune in to this new episode of the Walker Webcast — Social Impact Investing with Bobby Turner of Turner Impact. ▶️
Key Points In The Webcast:
01:40 Significance of sports in business
02:46 Reigniting the American dream
07:00 Privilege and the Canyon Johnson Urban Fund
14:48 Operating in underserved communities
18:18 Balancing purpose and profit
20:01 Turner Impact and social impact investing
24:38 ESG and active investing
27:12 Educating ignorance
28:39 Value investing
31:36 Competition and housing
35:42 Creating a sense of community
38:07 Consistency in doing good
40:33 Protecting America’s investments
GET NOTIFIED about upcoming shows:
» Subscribe to our YouTube channel here:
/ @walkerdunlop
» See upcoming guests on the #WalkerWebcast here:
https://www.walkerdunlop.com/webcasts/
Related webcasts: Tune in on Wednesdays for fresh perspectives about leadership, business, the economy, commercial real estate, and more! #WillyWalker hosts a diverse network of leaders as they share the wisdom that cuts across industry lines.
Walker & Dunlop - Walker Webcasts | Date Uploaded: December 18, 2023
| Date Created: November 10, 2022| Economics/Market Reports/Research, Lending / Finance, REITs / Investment Funds, ESG (Environmental, Social and Governance), Interviews / Speeches
| Residential, Multifamily, ALL
| ALL
In today's episode, Willy welcomes Dr. Peter Linneman. He is the principal of Linneman Associates, KL, Realty, and American Land Fund. He is cited as one of the 25 Most Influential People in Real Estate by Realtor Magazine and one of the 100 Most Powerful People in New York Real estate by the New York Observer. He is a highly sought-after speaker and author with his quarterly research, The Linneman Letter.
Willy begins by citing a quote from The Linneman Letter, “The increases in interest rates to date will enhance economic growth, not cause a recession.” Dr. Linneman says, “of course.” He mentions that valuable things shouldn’t have zero price if the goal is maximizing resource efficiency. Interest rates going up to a certain point give a better signal of where money should flow. And that will enhance economic output. It is not where interest rates are; it’s the journey.
He compares the journey to a Thanksgiving visit at Grandma’s, “It’s not perfect. There’s tension, but it’s generally pleasant.”
Tune in to this new episode of the Walker Webcast — The Most Insightful Hour In CRE with Dr. Peter Linneman, Leading Economist, Professor Emeritus, The Wharton School of Business. ▶️
Key Points In The Webcast:
01:27 Willy revisits last year’s economic situation
04:58 Dr. Linneman’s insights on where it’s headed
11:48 Why markets are pessimistic
14:22 Misconceptions about the current GDP
17:49 Fear triggering a recession
19:47 Single-family housing and inflation
26:23 Multifamily cap rates
29:14 The future of capital and why sell multifamily
32:12 Avoiding shiny objects
37:31 Opportunities for lenders and why people are building
40:58 Returning to the office and the illusion of productivity
48:37 Earnings vs technology
46:32 Fuel prices and senior housing
56:05 Being optimistic about where we stand
59:55 Hiring in today’s world
GET NOTIFIED about upcoming shows:
» Subscribe to our YouTube channel here:
/ @walkerdunlop
» See upcoming guests on the #WalkerWebcast here:
https://www.walkerdunlop.com/webcasts/
Related webcasts: Tune in on Wednesdays for fresh perspectives about leadership, business, the economy, commercial real estate, and more! #WillyWalker hosts a diverse network of leaders as they share the wisdom that cuts across industry lines.
Walker & Dunlop - Walker Webcasts | Date Uploaded: December 18, 2023
| Date Created: October 13, 2022| Residential Properties for Lease, Residential Properties for Sale, Economics/Market Reports/Research, Lending / Finance, Interviews / Speeches
| Residential, Multifamily, Office, ALL
| ALL
In today's episode, Willy Walker, Chairman, and CEO of Walker & Dunlop, gives the opening remarks at the Walker & Dunlop Summer Conference 2022 in Sun Valley, Idaho.
The presentation starts with Willy thanking his team for successfully organizing this yearly event. He opens with a disclaimer, informing the audience that he will share opinions about politics. He compares the current state of the world to a "three-headed animal," with inflation rates, the war in Ukraine, and a massive political divide filling in news headlines. He says it is worth remembering that we are in a better place than we were two years ago. The US economy has improved, which Willy calls on for resolving supply chain issues and controlling rising rates. He states that cable television and the money behind it is what's driving the political divide. Les Moonves once said, "Trump may not be good for the United States, but he is good for CBS." He cites the significance of former governor Bill Haslam's insights on looking for solutions in governance: "Getting to the right answer is more important than our answer." With hordes of angry commentators and extreme supporters, Willy believes that more complex and nuanced solutions are what we truly need to solve issues. He retells his experience responding to a tweet about the Supreme Court's decision regarding the Brett Kavanaugh case, arguing that the ones who never contemplated their votes are the real problem, not the individuals who struggled with their decision made a hard call. He says that the middle is the place where we have to be to be able to "pull everyone together and start to find solutions." He fears that the divisiveness of US politics will only get worse.
Tune in to this new episode of the Walker Webcast — Summer Conference Opening Remarks with Willy Walker. ▶️
Key Points In The Webcast:
00:00 Willy's Introduction
02:17 The global state
03:40 The US political divide and finding middle ground
11:02 Inflation and why rising debt can be a good sign
15:47 Unexpected crises and Willy’s election predictions
21:17 The significance of oil in conflict
23:16 Issues in housing and working on-site as a recruitment factor
27:42 Investing in tech, the Metaverse, and a scary future
32:01 Housing supply as a solution
33:55 Fannie and Freddie’s market control and asset classes
36:55 Taking advantage of opportunities and creating communities
41:44 The call for young leaders and vulnerability
46:32 The factors for a happy life
48:07 Modifying thoughts and a point on climate change
52:49 Willy’s closing message
GET NOTIFIED about upcoming shows:
» Subscribe to our YouTube channel here:
/ @walkerdunlop
» See upcoming guests on the #WalkerWebcast here:
https://www.walkerdunlop.com/webcasts/
Related webcasts: Tune in on Wednesdays for fresh perspectives about leadership, business, the economy, commercial real estate, and more! #WillyWalker hosts a diverse network of leaders as they share the wisdom that cuts across industry lines.
Walker & Dunlop - Walker Webcasts | Date Uploaded: December 18, 2023
| Date Created: August 04, 2022| Residential Properties for Lease, Economics/Market Reports/Research, Government, Lending / Finance, Technology / Proptech, ESG (Environmental, Social and Governance), Interviews / Speeches
| Multifamily, ALL
| ALL
In today’s episode, Willy welcomes Peter Linneman. He is the principal of Linneman Associates, KL, Realty, and American Land Fund. Having been a member of the Wharton School of Business’s faculty at the University of Pennsylvania for 32 years, he is the Albert Sussman Emeritus Professor of Real Estate, Finance, and Business Public Policy and is the co-founding editor of The Wharton Real Estate Review, publishing 80 articles. He is cited as one of the 25 Most Influential People in Real Estate by Realtor Magazine and one of the 100 Most Powerful People in New York Real estate by the New York Observer. He is a highly sought-after speaker and author, with his quarterly research, The Linneman Letter, the most respected publication in real estate for the past 11 years.
The Walker Webcast begins with Peter emphasizing inflation is transitory with supply lagging demand due to 23% of the workforce collecting unemployment insurance. Also, industrial output is only 3% in Q1. Expanding output would be profitable, but most companies are not following through. Oil prices would normalize when production increases. The US remains the largest producer of oil in the world, and the situation of $260 a barrel is unlikely because supply is predicted to adjust. Besides, the US exports weapons and food, which Southeast Asian countries will highly favor due to tensions with China. Peter advises giving the supply 3-4 years of adjustment. The Federal Reserve System would not have control over long-term interest rates as $5 trillion in cash is set aside. He describes how debt should not be the main concern but “getting your money’s worth” and continues to say how federal debt is largely misunderstood. The higher the debt is, the bigger the political problems are because debt is owed by US citizens individually, not the state.
Tune in to this new episode of the Walker Webcast — The Best Hour in CRE with Peter Linneman, Leading Economist, Former Wharton Professor. ▶️
Key Points In The Webcast:
00:00 Introduction
00:35 Willy welcomes Peter Linneman
03:21 Inflation is transitory, and supply lags demand
08:02 Decrease in oil prices due to supply adjustment
10:33 The US posed to export more weapons, oil, and food
14:21 Why the Fed has no control over long-term interest rates
20:19 Peter’s opinion on national debt concerns
26:13 Significant growth exists despite COVID-19
32:06 Stress tests and fear holding banks back from lending
34:33 Lowering debt to cope with interest
38:14 The strength of the US dollar
41:20 Returning to office and productivity vs. profit
45:29 Generation gap and what inflation means on real estate
49:45 The trend of moving to coastal gateway cities
52:57 The economic state under Joe Biden
GET NOTIFIED about upcoming shows:
» Subscribe to our YouTube channel here:
/ @walkerdunlop
» See upcoming guests on the #WalkerWebcast here:
https://www.walkerdunlop.com/webcasts/
Related webcasts: Tune in on Wednesdays for fresh perspectives about leadership, business, the economy, commercial real estate, and more! #WillyWalker hosts a diverse network of leaders as they share the wisdom that cuts across industry lines.
Walker & Dunlop - Walker Webcasts | Date Uploaded: December 15, 2023
| Date Created: July 21, 2022| Economics/Market Reports/Research, Government, Lending / Finance, Interviews / Speeches
| ALL
| ALL
In today’s episode, Willy welcomes Lotfi Karoui. Lotfi joined Goldman Sachs in 2007 and was promoted to managing director in 2015. Currently, he is the Chief Credit Strategist and head of the Credit Research Group at Goldman Sachs, one of the world’s leading investment banking, securities, and management firms. His research covers a wide span of topics, including income markets, interest rate models, and macro-finance. His work is published in various academic journals, including the Journal of Financial Economics, Management Science, the Journal of Derivatives, and the Journal of Economic Dynamics and Control.
To start, Willy asks Lotfi about Paul Tudor Jones’ opinion in a recent CNBC interview, in which he stated, “You don’t want to be in bonds or stocks right now. I can’t think of a worse macro-environment….” Lotfi points out the paradigm shift of the newfound ability for investors to park their cash, decreasing the urgency of putting money in bonds and stocks. The built-up risk premium also becomes a factor, citing widened corporate bond spreads as an example. Lotfi continues to explain that “anything that has a little bit of duration risk has probably its worst start ever,” encompassing investment-grade and treasury bonds. The terminal value of the fed funds rate is set to peak at 3%, which coincides with Goldman Sachs view of the ideal target to dip one’s toes into bonds.
Lotfi noticed a significant trend in the past five economic declines: The slope of the yield curve has done a fantastic job at predicting future recessions. However, he enumerates two caveats – correlation is not entirely causation, and the current cycle has proven to be more nuanced since the onset of the Great Moderation in the early eighties. He also emphasizes the imbalance in the labor market, with the federal government slowing down the economy without pressuring businesses to lay off employees. He presents his definition of a soft landing in terms of the ongoing inflation and status of the employment market and rates – the slowing down of the economy below potential while avoiding recession that causes companies to overreact. He states that the odds of a recession happening over the next two years are 35%.
Tune in to this episode of the Walker Webcast — State of the Credit Market with Lotfi Karoui, Chief Credit Strategist at Goldman Sachs.
Key Points In The Webcast:
00:00 Introduction
00:14 Willy welcomes Lotfi Karoui, Chief Credit Strategist at Goldman Sachs to the show
02:35 The paradigm shift in bonds, stocks, and more risk premium
04:47 Lotfi’s perspective on Jeffrey Gundlach’s opinion on treasury and investment-grade bonds
07:14 How the slope of the yield curve predicts recessions and the imbalance in the labor market
19:30 The stability of the energy industry in handling shocks in the US vs. Europe
21:35 The disconnect between the credit cycle and the business cycle
37:47 Lotfi’s predictions on the current dramatic shift in investments
42:32 The slowdown in globalization and the change to regionalization
48:25 The development of ESG fixed income
51:15 Lotfi’s credit market forecast
GET NOTIFIED about upcoming shows:
» Subscribe to our YouTube channel here:
/ @walkerdunlop
» See upcoming guests on the #WalkerWebcast here:
https://www.walkerdunlop.com/webcasts/
RELATED WEBCASTS: Tune in on Wednesdays for fresh perspectives about leadership, business, the economy, commercial real estate, and more!
Walker & Dunlop - Walker Webcasts | Date Uploaded: December 15, 2023
| Date Created: May 12, 2022| Economics/Market Reports/Research, Government, Lending / Finance, ESG (Environmental, Social and Governance), Interviews / Speeches
| ALL
| ALL
Power is in the hands of the ones with cash – that’s the general prediction of the corporate real estate market moving forward post-pandemic.
With multi-family companies throwing money at more rental housing and inflation numbers at an all-time high, the future is uncertain as consumers struggle to afford a place to live.
Research and Securities Executive VP Ivy Zelman, Investment and Sales Executive VP Kris Mikkelsen, Capital Markets Senior Managing Director Aaron Appel join Willy Walker on this week’s Walker Webcast as they dissect the current condition of the corporate real estate industry, why money is king, the probability of a soft landing versus a hard landing, and their thoughts on the best areas to invest in right now.
Ivy Zelman sheds light on how rentals are unsustainable as more capital is flowing into the space, and a backlog of properties without leases exists. She also points out the disconnect between buyers’ willingness to pay and sellers’ expectations.
Kris Mikkelsen lays out where he would put on his dollars – capital assets where rates can be reset and capital in markets with strong growth fundamentals and low risk. He emphasizes a lower leverage point and the ever-changing cost of homeownership in the past three months.
Aaron Appel believes the future of CRE isn’t completely bleak, as time and time again, we’ve witnessed the market adjusting when there’s enough distress. But with the country’s escalating debt, inflation comes as a result of working to overcome it.
Tune in to this new episode of the Walker Webcast — CRE State of the Union with Ivy Zelman, Kris Mikkelsen, and Aaron Appel. ▶️
Key Points In The Webcast:
00:00 Introduction
00:19 Welcome Ivy, Kris, and Aaron!
06:55 Aaron Appel explains the strength of multifamily and industrial assets and the status of borrowing costs and treasury rates
12:15 Aaron’s optimistic prediction of the financial markets
15:12 Ivy Zelman tells the effects of inflation and labor constraints on real estate consumers
17:47 The instability in constructing rental housing
20:49 The disconnect between seller expectations and buyer spending
22:03 Kris Mikkelsen’s advice on what to buy, the current weaknesses of the market, and the three factors affecting rates
27:22 The shift in lower cap rate deals
30:04 How the increased rates mean more rent growth
32:04 Ivy describes why people are reconsidering investors and the returns they’re getting
36:48 The burden investors have to carry and the unseen velocity of turnovers
40:55 Aaron presents a real-world example of inflation and proves the existence of a “hard landing”
46:11 Government support for renters and the pressure to deliver monetized projects
51:23 The possible effects of constructing housing without any renters or buyers
55:02 The difficulties in financing an office building
57:54 The changes in the urban hospitality market post-pandemic
01:00:30 Early innings of foreign capital chasing multifamily assets
01:02:10 Where Ivy, Kris, and Aaron would put their hundred million dollars right now
GET NOTIFIED about upcoming shows:
» Subscribe to our YouTube channel here:
/ @walkerdunlop
» See upcoming guests on the #WalkerWebcast here:
https://www.walkerdunlop.com/webcasts/
RELATED WEBCASTS: Tune in on Wednesdays for fresh perspectives about leadership, business, the economy, commercial real estate, and more! #WillyWalker hosts a diverse network of leaders as they share wisdom that cuts across industry lines.
Walker & Dunlop - Walker Webcasts | Date Uploaded: December 15, 2023
| Date Created: May 05, 2022| Commercial Properties for Lease, Commercial Properties for Sale, Residential Properties for Lease, Development/Planning/Entitlements, Economics/Market Reports/Research, Events / Webinars, Lending / Finance, REITs / Investment Funds
| Industrial, Multifamily, Office
| ALL
There’s never been a better time for women leaders than now. That’s what Mary Callahan Erdoes believes as the opportunity for remote and online work has provided the flexibility for family time and career growth.
As the CEO of J.P. Morgan’s Asset and Wealth Management, she has brought one of the largest and most reliable investment banks to $4 trillion in client assets. Philanthropy is also close to her heart as she serves as a board member of New York City’s Robin Hood Foundation.
Mary Callahan Erdoes joins Willy Walker on this week’s Walker Webcast as she gives her two cents on the unpredictability of the global market, her advice on investing in cryptocurrency, how more competition keeps the economy booming, and her close working ties with CEO Jamie Dimon.
She emphasizes appreciating and recognizing both one’s milestones and empty tombstones – as any downturn is a chance to reevaluate methods and strategies. This optimistic outlook has set J.P. Morgan to be ready in handling any catastrophic situation.
“Our job is to always prepare for the worst and hope for the best,” she adds. “If you do it the other way around, you’re going to get yourself in big trouble. That’s how we’re wired.”
Diversity and inclusion have always been a priority for Mary Callahan Erdoes. J.P. Morgan’s efforts in investing in low-income housing and more poverty-stricken areas and opening doors to recruiting a wide slate of talent prove their stance on making a bigger difference in today’s work culture and society.
Tune in to this new episode of the Walker Webcast — How to Manage $4 Trillion with Mary Callahan Erdoes, J.P. Morgan Asset & Wealth Management CEO. ▶️
Key Points In The Webcast:
00:00 Welcome to the show, Mary Callahan Erdoes!
02:22 The underlying sentiments about the global market
05:52 Mary’s hopeful outlook on the recent surge of worldwide issues
10:13 The unpredictability of drastically higher rates and volatile markets
13:12 J.P. Morgan’s efforts in sustainable and environmentally-friendly construction
16:08 How J.P. Morgan plans to tackle the Russia crisis
19:22 The “don’t do nothing” strategy contributing to JP Morgan’s $3 trillion-growth
24:13 Dispersion of returns and varied portfolios
26:32 Measuring success through asset retention
30:09 J.P. Morgan’s one-team approach
31:35 The importance of competition in the market
34:53 Capitalization and the future investment conversation
37:21 Mary’s viewpoint on increased capital in the non-bank sector
42:25 J.P. Morgan’s stance on cryptocurrency
44:36 J.P. Morgan’s initiatives on diversity and inclusion
48:25 The digital age becoming more women-inclusive for leadership roles
53:41 Mary’s main takeaways from working with Jamie Dimon, American Billionaire Businessman and Banker
GET NOTIFIED about upcoming shows:
» Subscribe to our YouTube channel here:
/ @walkerdunlop
» See upcoming guests on the #WalkerWebcast here:
https://www.walkerdunlop.com/webcasts/
RELATED WEBCASTS: Tune in on Wednesdays for fresh perspectives about leadership, business, the economy, commercial real estate, and more! #WillyWalker hosts a diverse network of leaders as they share wisdom that cuts across industry lines.
Walker & Dunlop - Walker Webcasts | Date Uploaded: December 15, 2023
| Date Created: April 21, 2022| Charities, Economics/Market Reports/Research, Lending / Finance, ESG (Environmental, Social and Governance), Employment / Jobs, Interviews / Speeches
| Multifamily
| ALL
Leading Economist and former Wharton Professor Dr. Peter Linneman is optimistic about the U.S. economy, although not every moment. With a divided Congress, the war in Ukraine, rising interest rates, and skyrocketing oil prices amid an ongoing pandemic, Dr. Linneman shares his quarterly predictions and provides insights to help you understand what's to come.
Dr. Linneman presents the most prescient analysis, and he cites that before things got so hard, nobody could have guessed in February 2020 that the GDP could still grow by 3.5%. He considers it staggering and the main point.
Dr. Linneman mentions that a devastating variant of the virus can change anything, but the biggest wildcard he considers would stop the left to right upward kind of recovery is price controls.
The leading economist adds that looking at the real factors matter. Over two years, real GDP, a crude measure of demand in the economy, has been up 3.5%. Industrial output, a crude measure of industrial goods capacity, is down 1% and employment, a crude measure of service sector supply down 1%, and demand's up 3.5%.
Willy and Dr. Linneman cover how to bridge the gap as new government policies create an imbalance between the carbon economy and a green economy, pushing into renewables when there is still the demand for fossil fuels while exploration and refining companies are not investing anymore.
Tune in to this new episode of the Walker Webcast — The Best Hour in CRE with Dr. Peter Linneman ▶️
Key Points In The Webcast:
00:00 Introduction
00:22 Willy welcomes Dr. Peter Linneman to the Walker Webcast.
03:20 Happy 55th birthday, Willy! He is optimistic about reaching his 110th, inspired by Dr. Peter Linneman's book The Great Age Reboot, coming out in September.
09:24 Linneman reports that real GDP is 3.5% higher than in February 2020, when the economy was going through the "trials of Job."
11:41 Linneman explains why a year from now, he is hopeful that interest rates will be about where they were in 2019.
17:07 Discover how to take cues from Deutsche Bank research and forecast growth in the next three years.
25:42 Linneman cites that the biggest risks to the recovery are not interest rates, it's not inflation - it's wage and price controls.
26:20 Real factors by the numbers. Over two years, real GDP has been up 3.5%. Industrial output is down 1%. And employment was down by 1%, and demand was up by 3.5%.
27:47 Willy asks Dr. Linneman to explain his point why he would never trade out 1% of GDP growth for 2% inflation.
31:02 Hear about the supply-demand imbalance with exploration companies and the call for renewable energy.
38:35 Why the baseball season and home games per city are going to have a big impact on revitalization.
45:37 See household affordability and projections.
Dr. Peter Linneman is known for his unique blend of scholarly rigor and practical business insight that has earned him accolades from around the world. He has studied under multiple Nobel Prize winners, holds both a Master's and Doctorate in Economics after a distinguished academic career at both The University of Chicago and the Wharton School of Business at the University of Pennsylvania, and was a leading member of Wharton's faculty, serving as the Albert Sussman Professor of Real Estate, Finance, and Public Policy for 35 years.
GET NOTIFIED about upcoming shows:
» Subscribe to our YouTube channel here:
/ @walkerdunlop
» See upcoming guests on the #WalkerWebcast here:
https://www.walkerdunlop.com/webcasts/
Walker & Dunlop - Walker Webcasts | Date Uploaded: December 15, 2023
| Date Created: April 07, 2022| Economics/Market Reports/Research, Government, Lending / Finance, Interviews / Speeches
| ALL
| ALL
A special #WalkerWebcast comes your way as big powerhouses come to share a wealth of experience and industry insights combined in the National Multifamily Housing Council (NMHC) Conference!
Join this conversation with friends, former chairpersons and incredibly successful entrepreneurs and leaders in the multifamily industry:
- Doug Bibby, President of NMHC
- Daryl J Carter Founder, Chairman, and CEO of Avanath Capital Management, LLC, a California-based investment firm that specializes in affordable and workforce communities
- David Schwartz, CEO, Chairman, and Co-Founder of Waterton, a real estate investment and property management company specializing in multifamily, senior living, and hospitality
- Susan Ansel, President and CEO of Gables Residential, a private REIT focused on development, acquisition, and management of multifamily communities
Willy Walker engages these industry greats as they share their reflections on NMHC. As a national organization with more than 1,700 members that has been promoting and advocating for the multifamily industry since 2001. Doug Bibby shares that his sole cause in his successful run of the NMHC was putting people in homes. "That was always a motivator for me. We're putting a roof over people's heads, we're not polluting the environment, and we're not doing bad things. We're actually helping people achieve their dreams."
Tune in to this new episode of the Walker Webcast — Expert Insights on NMHC and the Multifamily Industry. ▶️
Key Points In The Webcast:
[01:31] The secret to Midwesterners’ success in the multifamily industry
[01:55] David Schwartz's loyalty to the Midwest
[03:19] Doug Bibby explains the beauty and deeper purpose of working at Fannie Mae and CEO David Maxwell’s eye for talent and diversity
[06:22]Daryl Carter retells the beginnings of Avanath and Doug Bibby’s influence
[08:14] The progression of Waterton in the last 25 years
[10:19] Sue’s experience at Gables since 1987 leading up to her current CEO position and her dream to be the General Manager of Chicago Cubs
[12:32] Sue encouraging the youth to “get involved” and the career opportunities for women in the NHMC
[15:22] Doug’s emphasis on gender as a non-factor on NHMC leadership and effortless chairman transitions due to the team’s continuity
[17:41] Daryl describes his work as NHMC chair: a pleasure and a developing closeness
[19:45] The perks of the NHMC chair - Daryl and Doug’s golf game with Bill Clinton
[20:44] David Schwartz’s main takeaways from Bob Iger’s book
[23:18] How Sue established trust as Gables CEO
[26:11] Doug’s advice to his successors: expectation-setting, honesty, and proactivity
[29:59] The scale of NHMC in comparison to 2001
[31:25] Daryl points out the importance of diversity, the long journey ahead, and providing more opportunities for minorities
[35:26] The key to Gables’ positive approach to diversity: meritocracy
[39:16] The challenge of producing adequate affordable housing and gathering allies to convince policymakers
[42:59] Daryl’s suggestion to administer effective and accurate research on evictions
[46:35] Fannie Mae’s focus on affordability and the detrimental effect of conservatorship
[52:53] Final words of gratitude for Doug Bibby’s efforts in the industry
GET NOTIFIED about upcoming shows:
» Subscribe to our YouTube channel here:
/ @walkerdunlop
» See upcoming guests on the #WalkerWebcast here:
https://www.walkerdunlop.com/webcasts/
Walker & Dunlop - Walker Webcasts | Date Uploaded: December 15, 2023
| Date Created: March 17, 2022| Commercial Properties for Sale, Residential Properties for Lease, Development/Planning/Entitlements, Economics/Market Reports/Research, Events / Webinars, Lending / Finance, Property Management, ESG (Environmental, Social and Governance), Trade Groups, Employment / Jobs
| Hospitality, Residential, Multifamily
| ALL
We are on the verge of massive change where innovations in mobile, digital money, and machine learning are changing how we move money and manage our finances. An expert on these technologies is Alex Rampell, who plays a significant role in building the future of financial services.
A General Partner at Andreessen Horowitz, Alex also serves on the board of Branch, Brightside, Descript, Divvy, Earnin, FlyHomes, Loft, Mercury, PeerStreet, Point, Propel, Sentilink, Super Evil Mega Corp, Transferwise, and Very Good Security.
Alex additionally led the firm's investments in OpenDoor ($OPEN), Plaid, Quantopian (acquired by Robinhood), and Rival (acquired by LiveNation).
Prior to joining the firm, Alex co-founded multiple companies, including Affirm ($AFRM), which he co-founded with Max Levchin, FraudEliminator (acquired by McAfee in 2006), Point, TrialPay (acquired by Visa in 2015), TXN (acquired by Envestnest in 2019), and Yub (acquired by Coupons.com in 2013).
Join Willy Walker and Alex Rampell on this week's Walker Webcast as they explore the ins and outs of fintech, the right mindset in approaching investments, censorship-resistant technology, lessons from a dental software story, the future of financial services, and so much more.
Tune in to this new episode of the Walker Webcast — FinTech and Venture Capital Alex Rampell, General Partner at Andreessen Horowitz. ▶️
Key Points In The Webcast:
[00:11] Alex Rampell is welcomed to the show
[03:39] Willy invites Alex to share his Andover boarding school experience, how he got to Harvard, and how he started his software business when students are prohibited from doing so in their dorm room
[07:21] Alex shares what he loves about sports
[08:45] From being an undergrad to jumping right into entrepreneurship, Alex attributes luck, common sense, and not being afraid to fail as his ingredients for success
[12:14] Being a venture capitalist and having empathy for people who are starting businesses
[12:41] Learning the ropes about payment processing, going into fintech and starting TrialPay (acquired by Visa in 2015)
[17:52] On investing in the Series B round of Coinbase, which was a highly competitive round where numerous firms wanted to support
[24:02] Alex shares his view on investing in call options and underscoring a longer-term outlook
[27:47] Alex tells his Baby Tiger Woods example and the venture mindset
[30:21] Willy Walker explores the operating systems in financial services and how startup companies can break in
[35:30] On why the best product doesn't always win, but it's the product that figures out distribution
[47:40] Alex explains why we can disentangle crypto from the blockchain
GET NOTIFIED about upcoming shows:
» Subscribe to our YouTube channel here:
/ @walkerdunlop
» See upcoming guests on the #WalkerWebcast here:
https://www.walkerdunlop.com/webcasts/
RELATED WEBCASTS: Tune in on Wednesdays for fresh perspectives about leadership, business, the economy, commercial real estate, and more! #WillyWalker hosts a diverse network of leaders as they share wisdom that cuts across industry lines.
Walker & Dunlop - Walker Webcasts | Date Uploaded: December 15, 2023
| Date Created: February 17, 2022| Lending / Finance, Technology / Proptech, Interviews / Speeches
| ALL
| ALL
American business leader, bestselling author, and patriotic philanthropist David Rubenstein proves that if you can live your legacy, the greater your impact. In this special episode of the Walker Webcast, David and Willy share the screen to discuss how private is the private equity world, living a legacy and why he thinks he won't ever pick up golf!
Willy opens the conversation by introducing David with the remarks of Harvard University's Former President Drew Faust: "David Rubenstein's acumen in finance, his experience both in leading a complex organization and then serving as an institutional trustee, his capacious intellect and global outlook, his devotion to universities and to the arts and culture, and his capacity to inspire generosity in others, all promise to serve the corporation and the university well. He has served on a remarkable range of nonprofit boards, reflecting his equally remarkable span of interests — in higher education, the arts, public policy, medicine, international affairs and American history and culture."
Tune in to this new episode of the Walker Webcast — Building The Carlyle Group with David Rubenstein, American Business Leader, Bestselling Author, and Patriotic Philanthropist. ▶️
Key Points In The Webcast:
[00:39] Willy welcomes David Rubenstein in this special episode
[00:55] Willy shares how he attributes his good interviewing style to watching David interview his guests at the Washington Economic Club and his two shows with Bloomberg Television
[1:22] Willy introduces David by reading the remarks of Former Harvard President Drew Faust
[2:55] David, on being one of the only two members of the Harvard Corporation not to have gone to Harvard
[3:57] Willy cites David's numerous contributions to Duke University and the importance of giving back to one's alma mater
[7:05] David shares how he finds the time and energy as co-founder and co-chairman of the private equity firm The Carlyle Group and juggles other interests in higher education, the arts, public policy, medicine, international affairs and American history and culture.
[12:53] In his book How to Lead, David outlines LUCK as a common theme from his exceptional interviews with leaders. He comments that his two co-founders of the Carlyle Group were very lucky.
[19:43] The Giving Pledge and how it persuades other people to give more to charitable causes
[29:49] David expounds on his three rules of money management. #1 Don't lose what you have. #2 Diversify #3 Have realistic expectations about rates of return
[49:28] Willy closes the discussion getting David's thoughts of taking up golf as he gets older
Learn more about David Rubenstein and connect with him on Twitter: @DM_Rubenstein
Grab his newest book, The American Experiment: https://www.amazon.com/American-Exper....
————————————————————————————————
GET NOTIFIED about upcoming shows:
» Subscribe to our YouTube channel here:
/ @walkerdunlop
» See upcoming guests on the #WalkerWebcast here:
https://www.walkerdunlop.com/webcasts/
RELATED WEBCASTS: Tune in on Wednesdays for fresh perspectives about leadership, business, the economy, commercial real estate, and more! #WillyWalker hosts a diverse network of leaders as they share wisdom that cuts across industry lines.
Walker & Dunlop - Walker Webcasts | Date Uploaded: December 15, 2023
| Date Created: February 10, 2022| Economics/Market Reports/Research, Educational Programs, Lending / Finance, REITs / Investment Funds, Interviews / Speeches
| ALL
| ALL
How do you get the sales you need in today's ever-evolving landscape? Dr. Frank Cespedes graces the Walker Webcast to drop the essential strategies and techniques that you need to maintain a thriving and game-changing enterprise.
Frank's vast experience spans his work with many companies on go-to-market and strategy issues, and he has been a Board member at consumer goods, industrial products, and services firms. He teaches at Harvard Business School while serving as Managing Partner at a professional services firm for 12 years. He is the author of six books, including Aligning Strategy and Sales, which was cited as "the best sales book of the year" (Strategy & Business), "a must-read" (Gartner), and "perhaps the best sales book ever" (Forbes).
His newest book is Sales Management That Works: How to Sell in a World That Never Stops Changing. Willy opens the discussion on how the book covers the lessons on how Jack Welch, considered the greatest leader of his era who took GE from a billion dollars to 10 billion a year of yearly profits, had a horse race to decide his successor. Today finding sales talent is still the hard part for companies.
The conversation leads to why Frank emphasizes how CEOs should not only set the foundational conditions for business development in their company but never lose their connection with customers. "Once they become CEOs, the rest of the organization conspires to "protect" them against customers. As a result, they're often making decisions based on an obsolete vision of what's really going on out there. And that's been Frank’s experience that when companies fail in terms of tens and hundreds of billions in shareholder value, you just can't point to one person to take the blame. It's a variety of other factors."
Tune in to this new episode of the Walker Webcast — Getting The Sales You Need with Dr. Frank Cespedes, Harvard Business School Professor ▶️
Key Ideas:
[00:34] Musings from last week's episode with Jim Courier
[02:43] Willy Walker welcomes Dr. Frank Cespedes and reads his bio
[00:03:51] What to emulate and not from GE's Jack Welch leadership approach
[07:22] Missteps and mistakes of Robert Nardelli as former CEO of Home Depot
[10:08] Frank cites his two motivations in writing his new book
[12:37] Data on why e-commerce is overhyped
[15:14] On car dealerships and how people make purchasing decisions
[20:56] Value-based pricing & how to seize opportunities to do that in a whole variety of industries
[26:51] How can we find good salespeople?
[32:39] The cheat sheet to get great talent in today's market
[35:29] The evolution of the buying cycle and the resale cycle changing salespeople's skills
[43:53] Why online digital media is a deep pockets big company game
[48:47] The data in the CRM system is notoriously noisy
[56:05] Culture eats strategy for breakfast, lunch and dinner.
————————————————————————————————
GET NOTIFIED about upcoming shows:
» Subscribe to our YouTube channel here:
/ @walkerdunlop
» See upcoming guests on the #WalkerWebcast here:
https://www.walkerdunlop.com/webcasts/
RELATED WEBCASTS: Tune in on Wednesdays for fresh perspectives about leadership, business, the economy, commercial real estate, and more! #WillyWalker hosts a diverse network of leaders as they share wisdom that cuts across industry lines.
Walker & Dunlop - Walker Webcasts | Date Uploaded: December 15, 2023
| Date Created: January 27, 2022| Economics/Market Reports/Research, Lending / Finance, Employment / Jobs, Interviews / Speeches
| ALL
| ALL
[CLIC] is the only Hotel Conference that focuses on the California Hotel Market and [CLIC] Connect is our official interview show. Joining the conversation today is Naresh (ND) Bhakta, Director AAHOA Greater Los Angeles join the conversation today and this is the last episode of the year, Producer Dani and I will be back in 2024. Happy Holidays....
Please tour our website and sign up for [CLIC] 7 on March 6-7, 2024 at the Westin South Coast Plaza and our Blog at cliconference.com.
[CLIC] | Date Uploaded: December 14, 2023
| Date Created: December 14, 2023| Lending / Finance, Trade Groups, Interviews / Speeches
| Hospitality
| CALIFORNIA
[CLIC] is the only Hotel Conference that focuses on the California Hotel Market and [CLIC] Connect is our official interview show. Joining the conversation today is Jason Riederer of AHLA and we are continuing to talk about Ballot Measures & Legislative Items in California. Thank you Jason for taking the time to talk with Producer Dani and I. Red Roof Franchising made this two part Special possible and Thank you....
Please tour our website and sign up for our Blog at cliconference.com.
[CLIC] | Date Uploaded: December 05, 2023
| Date Created: December 07, 2023| Economics/Market Reports/Research, Government, Trade Groups, Interviews / Speeches
| Hospitality
| CALIFORNIA
[CLIC] is the only Hotel Conference that focuses on the California Hotel Market and [CLIC] Connect is our official interview show. Joining the conversation today is Jason Riederer of AHLA and we are discussing Ballot Measures & Legislative Items in California and this is Part 1 of 2.
Please tour our website and sign up for our Blog at cliconference.com.
[CLIC] | Date Uploaded: December 05, 2023
| Date Created: December 05, 2023| Government, Interviews / Speeches
| Hospitality
| CALIFORNIA
[CLIC] is the only Hotel Conference that focuses on the California Hotel Market and [CLIC] Connect is our official interview show. Rejoining the conversation today is Bruce Ford of Lodging Econometrics and we are talking about the Hotel Development Pipeline an annual tradition, New Hotel Development, PIP's/Repositioning of Hotel Assets, Extended Stay and take aways from BDNY. Meet Bruce at the 7th Annual California Lodging Investment Conference on March 6-7, 2024 at The Westin South Coast Plaza Hotel in Costa Mesa, CA. Register at cliconference.com
Please tour our website and sign up for our Blog at cliconference.com.
[CLIC] | Date Uploaded: December 05, 2023
| Date Created: December 05, 2023| Development/Planning/Entitlements, Economics/Market Reports/Research, Lending / Finance, Marketing/PR, Interviews / Speeches
| Hospitality
| CALIFORNIA
[CLIC] is the only Hotel Conference that focuses on the California Hotel Market and [CLIC] Connect is our official interview show. Today Dr. Jeffery O. rejoins the conversation and we are talking about the International Hospitality Institute & The Hospitality Hall of Fame. Congratulations to All of the Inaugural Inductees. Thank you, to the Incredible Judges for taking this on.
Please tour our website and sign up for the 7th Annual California Lodging Investment Conference on March 6-7, 2024 at The Westin South Coast Plaza Hotel and our Blog at cliconference.com.
Checkout the IHI Hall of Fame:
https://international-hospitality-hal...
Thank you Producer Dani Leffler and our Production Partner Red Roof Franchising....
If you would like to become a Production Partner please DM us.
[CLIC] | Date Uploaded: December 05, 2023
| Date Created: December 05, 2023| Trade Groups, Interviews / Speeches
| Hospitality
| ALL