The Business of Real Estate with Fexingo: Commercial, Residential, and Investment Properties

Two years after WeWork emerged from Chapter 11, the co-working giant has quietly rebuilt itself. In this episode, Lucas and Luna examine how WeWork renegotiated leases, shed unprofitable locations, and regained landlord trust. They look at specific numbers: occupancy rates climbing back above 80 percent at renegotiated locations, and the company's shift from growth-at-all-costs to cash-flow discip...

Lucas and Luna dive into real estate tokenization—how blockchain technology is breaking up commercial property into tradeable digital shares. They examine a specific case: a $24 million office building in Denver that was tokenized in late 2025, allowing investors to buy in for as little as $1,000. The episode covers the regulatory framework from the SEC, the role of broker-dealers like Harbor, and...

In this episode of The Business of Real Estate with Fexingo, Lucas and Luna dive into the growing trend of short-term rental operators converting apartment buildings into de facto hotels. They explore how cities like Nashville and Austin are seeing entire multifamily properties bought up and leased as Airbnb units, driving up rents and straining housing supply. Lucas shares data from a recent stud...

In this episode of The Business of Real Estate, Lucas and Luna unpack how rent control policies are fundamentally altering the math for multifamily investors in 2026. They focus on the specific case of California's AB 1482 extension and its ripple effects on pro-forma underwriting, cap rates, and operational strategies. Lucas explains why stabilized assets with existing rent rolls are suddenly tra...

In this episode of The Business of Real Estate, Lucas and Luna explore how tiny homes have moved from fringe lifestyle choice to a serious policy tool in the affordable housing crisis. They focus on the city of Austin, Texas, which by July 2026 has permitted over 800 accessory dwelling units under its HOME initiative, with 40% of those under 500 square feet. Lucas breaks down the economics: a 400-...

Lucas and Luna dive into the mechanics of community land trusts, exploring how the Champlain Housing Trust in Burlington, Vermont, has kept over 2,200 homes permanently affordable by separating land ownership from building ownership. They discuss the financial structure, the role of subsidized mortgages, and why institutional investors are starting to partner with CLTs. The episode includes a spec...

In this episode of The Business of Real Estate, Lucas and Luna explore land value capture—a financing mechanism that funds public infrastructure by taxing the property value increases that infrastructure itself creates. Using the Hudson Yards development in New York as a concrete case, they explain how special assessments, tax increment financing (TIF), and impact fees work, why they're gaining tr...

Episode 100 of The Business of Real Estate explores how municipalities are using land value capture to fund transit, parks, and affordable housing without raising broad taxes. Lucas and Luna break down the mechanics of value capture zones, using the Hudson Yards financing model as a concrete example—how $2.4 billion in bonds backed by future property tax increments paid for the extension of the 7...

In this episode of The Business of Real Estate, Lucas and Luna explore how data centers have evolved from niche tech infrastructure into a mainstream industrial real estate asset class. They break down the key drivers: cloud adoption, AI workloads, and the electricity constraints shaping site selection. Lucas explains the economics of a typical hyperscale data center lease — a 10- to 15-year tripl...

In this episode, Lucas and Luna explore the growing trend of grocery-anchored retail centers in 2026. With the rise of online shopping, traditional retail real estate has struggled, but grocery stores have become a stabilizing force. Lucas breaks down why grocery anchors offer lower vacancy rates and higher foot traffic, citing specific examples like the recent expansion of H-E-B in Texas and cont...

Lucas and Luna dive into the growing crisis in commercial real estate insurance. With premiums on coastal office towers up 40% year-over-year and insurers exiting high-risk markets like Florida and California, property owners are scrambling. They examine a specific case: a Miami high-rise that saw its insurance costs jump from $2.1 million to $3.4 million annually, and how the landlord is respondi...

In this episode, Lucas and Luna dive into the growing trend of green roofs in commercial real estate. They explore how cities like Toronto and New York are mandating green roofs, the financial benefits for building owners including reduced energy costs and higher rents, and the challenges of maintenance and insurance. Specific examples include the ACROS Fukuoka building in Japan and the Javits Cen...

Lucas and Luna explore the surprising transformation of self-storage real estate from a niche operational business to a core institutional asset class. They break down the economics: why same-store revenue growth has outpaced apartments for five straight years, how the big three operators control only 20% of a highly fragmented $40 billion market, and what happens when REITs like Public Storage an...

Lucas and Luna examine how major corporate headquarters relocations are transforming commercial real estate markets. They focus on the 2024-2026 wave of companies moving their HQs from high-cost coastal cities to Sun Belt and secondary markets, using specific examples like the 2023 departure of a Fortune 100 company from California to Texas. They discuss the economic ripple effects on office space...

In this episode of The Business of Real Estate, Lucas and Luna dive into the growing role of land banks in transforming distressed urban properties. They explore how cities like Detroit and Cleveland have used land banking to acquire tax-delinquent and abandoned parcels, turning blight into opportunity. The hosts break down the economics of acquiring properties for pennies on the dollar, the costs...

In this episode of The Business of Real Estate, Lucas and Luna dive into the latest data on Opportunity Zones five years after the 2017 Tax Cuts and Jobs Act. With the first round of capital gains tax deferrals hitting their five-year mark, investors are starting to see real exits and returns. The hosts break down a specific case study: a $100 million mixed-use development in downtown Nashville fu...

Lucas and Luna explore how hotel properties are evolving from pure hospitality plays into hybrid real estate assets—part operational business, part alternative investment. They examine the rise of extended-stay brands, the conversion of distressed office towers into hotels, and the emergence of hotel-to-multifamily repositioning. Using the example of the 1,000-room former office building in downto...

In this episode, Lucas and Luna break down the property tax appeal process for commercial real estate investors. With property taxes hitting a thirty-year high in many U.S. counties, landlords are increasingly challenging assessments to cut costs. Lucas walks through a real case: a 200,000-square-foot office building in suburban Chicago where the owner saved $400,000 per year through a successful...

In this episode of The Business of Real Estate, Lucas and Luna examine why college-town real estate is outperforming core markets in 2026. They break down the numbers: student housing REITs like American Campus Communities saw rent growth of 6.8% year-over-year, while occupancy at top-50 university markets held at 97.2%. Beyond dorms, they explore how professors and university staff create stable...

In this episode of The Business of Real Estate with Fexingo, Lucas and Luna explore the growing dominance of all-cash buyers in residential real estate. As of mid-2026, nearly one-third of single-family home purchases are all-cash, up from roughly 25% five years ago. Lucas explains the main drivers: institutional investors like Invitation Homes and private equity firms buying single-family rentals...

Episode 87 of The Business of Real Estate with Fexingo examines why medical office buildings have become a sought-after institutional asset class in 2026. Lucas and Luna break down the demographic tailwinds — aging Boomers and Gen X hitting peak healthcare consumption — and the structural shift from hospital-owned clinics to third-party outpatient facilities. They analyze a specific case: a $120 m...

In this episode of The Business of Real Estate with Fexingo, Lucas and Luna dive into Opportunity Zones in 2026. They explore how the tax incentive, created in 2017, is evolving after the latest round of QOF certifications and Treasury guidance. Lucas breaks down the numbers: over $75 billion in private capital raised for Qualified Opportunity Funds, with real estate accounting for roughly 60% of...

In this episode of The Business of Real Estate with Fexingo, Lucas and Luna explore how tokenization is transforming commercial real estate investment. They dive into the story of Aspen Creek, a $22 million office park in Denver that was partially tokenized on the Ethereum blockchain in early 2026, allowing smaller investors to buy fractional ownership. Lucas explains the mechanics of real-world a...

In this episode, Lucas and Luna explore how co-living—large-scale, amenity-rich shared housing—is evolving from a niche startup experiment into a serious institutional real estate asset class. They focus on the case of Common, one of the early players, and examine how its business model has shifted amid rising interest rates and changing renter preferences. Lucas breaks down the economics: co-livi...

Lucas and Luna dive into the mechanics of triple net (NNN) leases, explaining how they shift property expenses like taxes, insurance, and maintenance from landlord to tenant. Using real-world examples from Walgreens and Dollar General, they explore why NNN properties attract passive income seekers, the risks of credit tenants defaulting, and the role of bond-like returns in a rising interest rate...