He left the SpaceX interview certain he had blown it, and he says the tough mechanical questions mattered less than how fast he could learn. Guest: Justin Lopas, Co-Founder & COO, Base Power Link to episode (# 426) https://youtu.be/VurXc5Pvzyo
Today Chris sits down with Justin Lopas, Co-founder & COO of Base Power Company. On Monday Base announced a $1B Series D at a $13B post money valuation. Justin spent his early career at SpaceX, where he helped lead the Brownsville site that became Starbase, then ran manufacturing at Anduril.…
They put in the request for power on a 250-megawatt Dallas project before ChatGPT was even a household name. Guest: Michael Levy, CEO of Crow Holdings Link to episode (# 425) https://youtu.be/V9KAl0bLg_Q
You'll never get fired by allocating to Blackstone, so why risk investing with smaller funds? Guest: Michael Levy, CEO of Crow Holdings Link to episode (# 425) https://youtu.be/V9KAl0bLg_Q
America spent 50 years outsourcing everything it makes. He thinks America is now as fragile as it's ever been. Guest: Michael Levy, CEO of Crow Holdings Link to episode (# 425) https://youtu.be/V9KAl0bLg_Q
The winners in real estate now build and operate, while the pure allocators are dying. Guest: Michael Levy, CEO of Crow Holdings Link to episode (# 425) https://youtu.be/V9KAl0bLg_Q
The firms that just raise money and hand it to operators are being replaced by the ones that own the operator. Guest: Michael Levy, CEO of Crow Holdings Link to episode (# 425) https://youtu.be/V9KAl0bLg_Q
At his firm, what school you went to barely matters anymore. Guest: Michael Levy, CEO of Crow Holdings Link to episode (# 425) https://youtu.be/V9KAl0bLg_Q
This week Chris sits down with Michael Levy, CEO of Crow Holdings, one of the largest private real estate firms in the country. This one goes far beyond real estate. Michael runs a major firm, but he opens on the big macro picture and works his way back down to…
He's helped raise over $10 billion for real estate funds, and his advice right now is to not raise one. Guest: Jonathan Glick, Founder & Managing Partner at Incucap Link to episode (# 424) https://youtu.be/HrIJvGdaJsA
The last time real estate saw a wave of new platforms was after the financial crisis, and he thinks the next three to five years will be even bigger. Guest: Jonathan Glick, Founder & Managing Partner at Incucap Link to episode (# 424) https://youtu.be/HrIJvGdaJsA
His cardinal rule of raising a real estate fund: below $500 million, people invest in the founder, because the founder is the brand. Guest: Jonathan Glick, Founder & Managing Partner at Incucap Link to episode (# 424) https://youtu.be/HrIJvGdaJsA
This week Chris sits down with Jonathan Glick, founder of Incucap and one of the most active fund placement agents in the country. Over his career he's helped place more than $10 billion into real estate funds, and he says raising one has never been harder than it is right…
Every year the industry warns about a wall of maturing real estate debt that never actually materializes. Guest: Mark Gibson, CEO of JLL Capital Markets, Americas Link to episode (# 423) https://youtu.be/A58KMGzu7b4
Raising a real estate fund is hard right now unless you've returned capital, built real operational excellence, and rethought how you pay people. Guest: Mark Gibson, CEO of JLL Capital Markets, Americas Link to episode (# 423) https://youtu.be/A58KMGzu7b4
Big investors have gone from avoiding office buildings entirely to actively buying them, and the leasing data has climbed for 18 straight months. Guest: Mark Gibson, CEO of JLL Capital Markets, Americas Link to episode (# 423) https://youtu.be/A58KMGzu7b4
The thing standing between a developer and a new data center isn't capital. It's getting committed power. Guest: Mark Gibson, CEO of JLL Capital Markets, Americas Link to episode (# 423) https://youtu.be/A58KMGzu7b4
New York and San Francisco barely built in five years and rents there are up over 5%, while high-supply boomtowns see little to zero rent growth despite strong job numbers. Guest: Mark Gibson, CEO of JLL Capital Markets, Americas Link to episode (# 423) https://youtu.be/A58KMGzu7b4
Buy well-located apartments below replacement cost while the current oversupply burns off, and the next three to five years could pay off. Guest: Mark Gibson, CEO of JLL Capital Markets, Americas Link to episode (# 423) https://youtu.be/A58KMGzu7b4
In this episode, Chris sits down with Mark Gibson, CEO of Capital Markets, Americas at JLL. He sits at the center of how capital moves through commercial real estate, which means he sees the data long before the narratives catch up. Chris and Mark get into why the world's largest…
Some of the best real estate sites start as another developer's dead deal. Guest: Steven Campisi, Co-founder & Managing Partner at Hillpointe Link to episode (# 422) https://youtu.be/TRnAJ_679qs
Steven Campisi runs one of the country's biggest apartment developers, and he says construction robotics matters in far fewer places than you'd expect. Guest: Steven Campisi, Co-founder & Managing Partner at Hillpointe Link to episode (# 422) https://youtu.be/TRnAJ_679qs
The balance of power between landlords and renters turns at 95% occupancy. Guest: Steven Campisi, Co-founder & Managing Partner at Hillpointe Link to episode (# 422) https://youtu.be/TRnAJ_679qs
Most construction jobs waste 5 to 10% of their materials. His waste: almost nothing. Guest: Steven Campisi, Co-founder & Managing Partner at Hillpointe Link to episode (# 422) https://youtu.be/TRnAJ_679qs