Shows / The Promote Podcast
The Promote Podcast
Your Commercial Real Estate Insider guide. From profiles of the biggest dealmakers to skyline-shaping transactions, we bring you the deals, breakdowns and war stories that move the market — for insiders, by insiders. From bad-boy guarantees to CMBS tranche warfare to syndicator sins, we cover it all. Each week, The Promote Podcast explores three of the most interesting and consequential stories in CRE, taking you well beyond the headlines and into the heart of the action. Hosted by the…
Episodes
- The Promote Podcast
Arbor's Looking Glass and Alexandria's Pipette Dreams
This week, it’s time to address the multifamily distress from the lens of the lender, specifically, one of the biggest ones: Arbor Realty Trust has been…
- The Promote Podcast
The Apollo Program & Dirty Ground Games
This week, we break down an ingenious scheme that has wreaked havoc on several regional banks. Lad of Lakewood Shaya Prager became one of the biggest buyers of…
- The Promote Podcast
Where Alpha Goes to Die & the CoreWeave Canary
This week, we dive into why the smartest guys in the room keep bellyflopping when it comes to CRE. Two Sigma’s recent retreat is part of a long line of edgy…
- The Promote Podcast
Golden State Gimmes & Lument's Lament
This week, we get into the potential homecoming of a big agency lender: Lument is on the block, and sources point to a round-trip to its original home, the…
- The Promote Podcast
Mana From Hedgie Heaven & Blue Owl Force Majeured
This week, we need to dive into the real estate deal of the year – arguably, of any year: Ken Griffin is bringing Carnegie Mellon to Miami, a transformative…
- The Promote Podcast
Keep Calm and [No] Carry On
This week, it’s time to address the unrealized elephant in the room that is the biggest pain point in institutional CRE: Carry, or more precisely the lack of…
- The Promote Podcast
SF’s Advance Man: Cyrus Sanandaji On the Record
In this bonus episode, we sit down with Presidio Bay’s Cyrus Sanandaji. Cyrus is at the vanguard of the comeback in America’s most important boom-and-bust town…
- The Promote Podcast
Lurin's FBI Probe & the CapStack Snipers
This week, we take stock of the tale of Lurin Capital, a multifamily syndicator that's now in the FBI's crosshairs. Jon Venetos was cut from very different…
- The Promote Podcast
The Last Tower & Blackstone's Lair Cake
This week, we visit CRE’s alpha lair, Blackstone HQ, where one of the industry’s top execs, global head of real estate Nadeem Meghji, is set to exit. His perch…
- The Promote Podcast
Evergrande Delusions & Chitty Chetrit Bang Bang
This week, we dive into 2 operatic stories of ruin on different continents. We begin with the tale of Hui Ka Yan, a Chinese property tycoon who went from being…
- The Promote Podcast
CW's Inside Man & Newmark's Weekend at Bernie's
This week, we put on our toques and head to the TSX, where Meyer Orbach and Josh Gotlib are on a fascinating multifamily caper with their REIT GO Residential…
- The Promote Podcast
Man on Wire: Michael Stern On the Record
In this bonus episode, we sit down with JDS Development Group boss Michael Stern, one of the builders synonymous with the luxury condo market in New York and…
- The Promote Podcast
Only Mortals: The Reichmanns, Pt. III
The final part of our special trilogy on the Reichmanns traces how the mother of all megaprojects became a siren song for Olympia & York. Everything that had…
- The Promote Podcast
Apex Predators: The Reichmanns, Pt. II
Pt. II of our special episode on the Reichmanns takes us to the ultimate proving ground of Manhattan. We do a tick-tock of how Olympia & York pulled off the…
- The Promote Podcast
Men of Destiny: The Reichmanns, Pt. I
This special episode dives deep into the story of the Reichmanns, an extraordinary family that probably contributed more to the financialization of CRE than…
- The Promote Podcast
Stairway to Heaven & Parkmerced's Odyssey
This week, it’s time for some California dreamin': We ascend Orange County’s Ziggurat, a stairway to heaven or SoCal’s biggest development clusterfuck…
- The Promote Podcast
Mailbag: CRE Mt. Rushmore, Would You Rather & Wildest Tenant Stories
In our second mailbag episode, co-host Will Krasne tackles your most unhinged CRE questions: self-managing vs. 3rd party, nightmare tenant interactions, his…
- The Promote Podcast
Skyscraper Triage & Data Center Power Struggle
This week, we ride up a rickety construction elevator to the 21st floor of the Pfizer Building, where a major scare threatens to consume New York’s signature…
- The Promote Podcast
S2pocalypse Now & Pimco's Puppet Master
This week, we wade into the underbelly of big-ticket restructuring, looking at Pimco’s $1.8B lifeline on its disastrous bet on the Columbia Property Trust…
- The Promote Podcast
Texas Chainsaw Massacre & The Man Who Knew
This week, we take stock of the legacy of Alan Greenspan, the long-serving Fed Chair who has died at the ripe old age of 100. Greenspan’s moves, for better and…
- The Promote Podcast
Stern Ambition, Nuveen's Belly Flop & Private Credit's Gypsy King
This week, we load up on chips n' vinegar and take you with us on an extraordinary journey into British caravan country. Embattled mobile-home king Robert…
- The Promote Podcast
Not Easy Being [SL] Green & TPG's Shelf Life
This week, we dive into the high-stakes, high-reward (not for shareholders tho) world of SL Green, the mighty REIT that is New York’s largest commercial…
- The Promote Podcast
Hail Caesar, CoStar's M&A Mania & a ZOMbie Developer
This week, we look at Texas billionaire Tilman Fertitta’s $18B megadeal for the Caesars entertainment empire - this is really an excuse for us to talk Tilman…
- The Promote Podcast
Enemy at the Rates, Mayweather Gets KO'd & Newmark Nepomania
This week, we talk fear and loathing in interest rates: The 10Y and 5Y are going haywire and threaten to knock CRE's recovery off-kilter. Next, we discuss nepo…
- The Promote Podcast
CRE's Paypal Mafia: The JMB Realty Story
In this special episode, we dive deep into the story of JMB Realty Corporation, one of the most influential firms in the modern history of CRE, with a playbook…
- The Promote Podcast
S2's REIT Wipeout & A Lender's Extreme Show of Faith
This week, we dive into Sunbelt multifamily kingpin’s Scott Everett's (S2 Capital) audacious attempt to save his distressed portfolio via a private REIT – an…
- The Promote Podcast
Mega-Marriage of Convenience and Miami’s Abuelagate
This week, we discuss multifamily’s mega-marriage of convenience: After getting no love from the Street for being merely huge, multifamily REITs Equity…
- The Promote Podcast
Aman’s Dirty Laundry & Atlanta’s Phantom Megaproject
This week, we have the this-is-too-weird-to-be-real tale of Forge Atlanta, a $3.8 billion megaproject with the most bizarro development team and history we’ve…
- The Promote Podcast
The Frum Fraudfather & Pied à Terre Purgatory
This week, we finally tackle the story of Mark Nussbaum – the real estate attorney who became the nexus of the underground Orthodox CRE dealmaking world…
- The Promote Podcast
Multifamily's Icarus: Alan Stalcup On the Record
"Property management companies made my spreadsheets lie." "We're gonna move the pref to a 17. Okay, okay, Tom. You're fucking me right now. You know that…
- The Promote Podcast
Mass Alt-luence & There's Something About Rabsky
This week, we chop it up on how God is Smiling Upon Alts: The federal govt has put forward much-anticipated regulation that creates a smorgasbord of investment…
- The Promote Podcast
From BSDs to DSTs & a Lakewood Lad's SNF Summit
This week, we talk some takeaways from institutional real estate’s March Madness, the PREA conference – we’ve got the latest on what the industry's biggest…
- The Promote Podcast
Reubens on Rye and Apollo's Divine NNNtervention
This week, we dive into the life & times of two quintessential Men with Deep Pockets: Billionaire British Brothers David & Simon Reuben have become some of the…
- The Promote Podcast
Savills Gobbles Eastdil & Ray Washburne's Second Helpings
This week, we dive deep into the M&A deal that's all anyone in institutional CRE can talk about. Savills – yes Savills! – is buying Eastdil Secured for $1.1B…
- The Promote Podcast
Wartime Allocators & Rialto's Double Agent
This week, we have no choice but to tackle the topic of war. The conflict with Iran continues to roil markets and CRE's biggest allocators are in sixes and…
- The Promote Podcast
Larry's White Whale & Jamestown Puckers Up
In Ep. 50 (!), we trace Larry Silverstein's odyssey with the World Trade Center redevelopment, analyzing the new blockbuster Amex deal and the insurance, legal…
- The Promote Podcast
Times Square Trainwreck, Royal Renters and Blue Owl Bytes the Dust
This week, we look at the tragicomedy that is TSX Broadway, the Maefield/L&L/Fortress Times Square megadevelopment that came undone and left hundreds of…
- The Promote Podcast
Limit-Up Hotel Kamikazes & AI's Brokerage Rout
This week, we dive deep into the story of Anbang Insurance, the Chinese insurer that went on an epic US trophy real estate buying spree, but flew too close to…
- The Promote Podcast
House of Brookfield, Wholesale Shopping and a Condo Buyout Coup
This week, we discuss the House of Brookfield’s new overlord: Connor Teskey has a modest target – double AUM to $2 trillion. We talk about the labyrinth that…
- The Promote Podcast
Apollo's Sister Act, ICE Age & the Doomed Tower of Power
This week, we discuss how the Chrysler Building has laid waste to the best-laid plans of so many global titans. With Tishman Speyer reportedly coming back for…
- The Promote Podcast
A Condo Kingpin’s Next Act and Proptech Falls off the Wall
This week, we discuss second acts: Ziel Feldman has left the scandal-ridden past of his glitzy New York condo development firm HFZ Capital Group behind, and…
- The Promote Podcast
SNFing out Megadeals and Syndicator Patient Zero
This week, we discuss a redemption tour by GVA’s Alan Stalcup, Patient Zero of the Sunbelt multifamily boom/bust. He’s battling PGs, LPs and maybe even the…
- The Promote Podcast
Pinnacle's Bankruptcy Summit & Life Sci's Midlife Crisis
This week, we’re talking a glitch in the Morse code: MCR has failed to come up with the cash to consummate the take-private of Soho House, setting off a mad…
- The Promote Podcast
Windy City Tailwinds & Stadium Arcadium
This week, we talk Chicago – America’s Second City is now becoming top of mind for national multifamily players. We break down 2 significant deals: LaTerra’s…
- The Promote Podcast
The Mayweather Whisperer: Jona Rechnitz (Rerun)
We're technically off this week. BUT, Business Insider dropped a banger of a read on Floyd Mayweather's tangled financial web, and somewhere at the center of…
- The Promote Podcast
Bluerock's Liquid Death, Soundstage Flops and OZK Walks the Plank
This week, we talk illiquid death – the Bluerock listing debacle says so much about the mark-to-magic happening in the nontraded REIT market. We then head to…
- The Promote Podcast
Exotic Alts (w/ SomeraRoad's Ian Ross) & Taconic's Lab Leak
This week, we’re talking exotic alts – the far-flung corners of CRE that are starting to catch serious institutional interest. Think car washes, aviation…
- The Promote Podcast
Starchitects, Swedish Whales & an SF Hotel Heist
This week, we look back at the skyline-shaping impact of 2 starchitects who’ve just left us – Robert A.M. Stern and Frank Gehry – and then jump into a broader…
- The Promote Podcast
Mailbag: CRE Casting Couch, Return-Immune Investing & Best Dumb-Guy Sectors
In our special mailbag episode, co-host Will Krasne tackles your most unhinged CRE questions: who'd be the dream cast of a CRE version of Million Dollar…
The Promote PodcastSleepless in Seattle: The Martin Selig Story
This week, we dive deep into the maverick career of Seattle skyscraper titan Martin Selig - a true man in full who at his pomp controlled more than a third of…
- The Promote Podcast
Sonder's Mercy Killing and the Mooch's OZ Misadventure
This week, we explore why more multifamily REITs are offering themselves up at the altar - there just doesn’t seem to be a real path forward for many of these…
- The Promote Podcast
Reston Peace, Senioritis & A Capstack Crisis
This week, we chat about 2 big events in the senior housing space: Blackstone’s fire sale of a $1.8B portfolio and the Sonida-CNL merger. It’s a pretty gnarly…
- The Promote Podcast
Blackstone Cubs, Secondaries Sizzle & Hines of Arabia
In a world awash with capital, it’s the same names who are vacuuming up increasing shares of it: We dive into Blackstone alpha cub Chad Pike's take-private…
- The Promote Podcast
Fugazi First Positions & Cracking Billionaires' Row
This week, we look at explosive allegations of mortgage fraud that have caught up 2 prominent regional banks. Zions and Western Alliance woes stemming from…
The Promote PodcastThe Skyscraper That Broke America
This week, we have a special episode diving deep into the skyscraper that encapsulates our political and financial age: 666 Fifth Avenue. Now known as 660…
- The Promote Podcast
Fathers, Sons & Fast Fashion Tax Shields
This week, we asked the taboo question about New York office to residential conversions. Do the numbers work? There's been enough distress from some of the…
- The Promote Podcast
SF Apartment Therapy & the Short King of Data Centers
This week, we discuss an intriguing deal in the data-center space – TeraWulf is raising $3B in debt to build data centers for Google, in an intertwined…
- The Promote Podcast
Brookfield's $10B YES! & RXR's OPM Masterclass
This week, we dive into Brookfield's $10B mega-acquisition of manufactured-home player YES! Communities, and how it's emblematic of the next frontier of…
- The Promote Podcast
Sobrato's Silicon Sizzle & Macklowe Unfurled
This week, we take a closer look at one of the biggest winners from Nvidia's Silicon Valley real estate rampage: The Sobrato Organization amassed a 12M sf…
- The Promote Podcast
Ross takes his talents to [West Palm] Beach & Barnett Prefs Up
Like a lot of older guys, Steve Ross moved to Florida. Unlike them, however, the billionaire real estate developer didn't go there to retire, but instead to…