Georgia and I discuss the difference between two types of crowdfunding. One in which the public can contribute to the development of a product, company or service and in essence buys the product or service in advance and the other in which the public can buy an ownership interest in the company. Read more
After a summer of decreased unemployment and high expectations that the Federal Reserve would begin to raise interest rates in September, the Feds balked at an increase, surprising most people. Was it the volatile stock market in August, a sputtering economy in Canada or the sputtering of the Chinese economy?
Well known economist, columnist and radio show host, Dr. Sam Chandan, Dr. Sam Chandan, Professor in the Associated Faculty of Real Estate The Wharton School & Host of the Real Estate Hour SiriusXM Business Radio, explains, in detail, how the Fed's action, or inaction, as the case may be, effects commercial real estate.
Dr. Marci Rossell, former chief economist for CNBC and featured speaker at the CREW Network National Convention in 2015 previews her presentation at the convention. Marci discusses how the turmoil in China may affect the capital markets and commercial real estate, here in the United States. Read more
Carla Harris, Vice-Chair for Morgan Stanley and a featured speaker at the CREW Network Annual Convention in Bellevue, Washington from September 3-th through October 3, answers the question, "What is the greatest impediment to success for Women?" In reality, her comments apply to anyone seeking greater success in their own endeavors.
Carla is a strong believer that everyone should invest more time and effort in relationships. Carla distinguishes between, what she refers to as "performance currency" and "relationship currency", the later of which, she believes is Read more
I am a long time supporter of diversity and increasing the participation of women in commercial real estate. Whenever a woman would tell me that she was considering becoming a real estate agent, I would immediately recommend that she become a commercial broker. Heck, in the early 80's, I knew only one female broker in New York City. What an incredible advantage, she had at the time, being the only female broker. Talk about standing out in the crowd.
Of course, things have changed over the last 30 years. Now when I go to conferences like RECON, I see many women brokers walking the halls of the Las Vegas Convention Center, making deals, just like their male counterparts. I'm not saying the gals have arrived, but they are making progress.
What a turn of the cards. In 80's I go from knowing one female broker to the present, when I can be, perhaps, one of 20 men attending a conference with 1,000, powerful, creative, competent and intelligent women involved in commercial real estate. Now I am the one standing out in the crowd.
You can see the shock on my face when Bill gave me this and other examples of how investors are repurposing real property after the recession. Can you imagine, buying an old mothballed hotel for $2,000,000, refurbishing it and selling it six months later for $90,000,000? That's right, you read this correctly. Read more
This is the best commercial real estate conference I have ever attended. In this video, Gail and I preview some of the key events and benefits at this years CREW Network Annual Convention in Bellevue, Washington. This is a shortened video version of my interview with Gail. For the full audio podcast, which you can listen to online or download, go to creradio.com. In this video, Gail previews Keynote speaker, former Secretary of State, Madeleine Albright and featured speakers, Morgan Stanley Vice Chairman, Carla Harris, Former NBC Chief Economist, Marci Rossell; and Business strategist, Rita McGrath Read more
In order to get this legislation passed, the members of Congress must be convinced that their electorate favors passage. The electorate are the people who vote our representatives in and out of office. A few letters from real estate brokers and the owners of shopping centers, isn't enough. Haven't we already learned that lesson? What is required is a concerted and combined effort by our trade organizations and their lobbyists to, not only to reach out to Congress, but reach out to the people who vote. Let our legislators know, from every corner of their life, that there are people who do favor this legislation. Read more
Karyl Argamasilla, the 2014 CREW Network Miami president and a key architect of the 2014 National CREW Network Convention in 2014, discusses with me how the local chapter took upon itself, the monumental task of hosting CREW Networks National Convention.
In this video, Karyl describes how the idea of hosting a national convention germinated from a mere thought to the accomplishment of a monumental task. The theme of the 2014 convention was "The Rewards of Risk, Bold Choices, Big Returns", and nothing could have added more meaning to the theme of the convention than the bold action of Karyl and the CREW Network Miami chapter.
Joy Shoffler, principal of Leverage PR based in Austin, Texas discusses with me the three things that a real estate developer or syndicator can do to rapidly accelerate its growth. Joy is a nationally recognized author and speaker in the field of innovative financial services marketing and communication.
According to Joy, those three things are........... Read more
While creating each video in this series about the essential characteristics of successful brokers, I was aware that the lessons discussed with Geoff had value well beyond real estate professionals. These are lessons that apply to everyone. Lessons that many of us learn as we live our lives, as part of life. For someone like me, these are lessons that have surprised me as I have learned them.
In this final video of the series, Geoff and I discuss:
The Thirst for Knowledge;
Finally, this series is not intended to be the end of the conversation and neither Geoff or I think that we have touched on all of the characteristics that are essential to success. Join in on the conversation in the comments below and give us your thoughts and stories about your successes and lessons learned. Read more
Rod Santomassimo, president of The Massimo Group and nationally known real estate coach explains the difference between training and coaching and gives an example of one of his greatest successes as a coach. I published this video in the midst of the 2015 NCAA March Madness. As I listened to him, while editing the video, I couldn’t help but think of “one-and-done” versus “four-year-degree” as an apt analogy. Read more
Data, Data, Data. Data is not a new word, but now, it seems to be everywhere. It’s there when I wake up in the morning staring at me as I hit the snooze button on my iPhone. I know the weather in Somalia and the value of the Yen, before I brush my teeth. I’m being crushed by the sheer weight of data. Please, please, please, just give me what I want, when I want it and in a way that makes my life simpler, not more complicated. Sabeer Bhatia, the co-founder of Hotmail, one of the first, truly useful email applications developed in the 90’s, is now focused on making software applications that work, that make your life better and most importantly, more meaningful. Read more
After a few years interacting with Barbi over social media, we really got to know and like each other. Barbi is now considered one of the preeminent CRE thought leaders using social media. For Barbi and I, perhaps the most significant function of the effective use of social media is the development of relationships. As you can tell from this video, we act like we have known each other for years although we had never met in person. In fact, have known each other for years, online. Read more
Why is it that some people just don't make it as a real estate broker? Is it in their blood and what is it that they do to make things go wrong? In this video, Michael Sheinkop and I talk about the impediments to being a successful broker.
This is the second video from my interview with Michael Sheinkop at the Newark Grubb Knight Frank National Industrial Conference in Chicago last September.
PLEASE READ THE ACCOMPANYING WRITTEN TEXT WHICH CONTAINS INFORMATION & DISCUSSION NOT CONTAINED IN THE VIDEO Read more