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

Lucas and Luna examine a new trend in institutional multifamily investing: the rent cap model. Using the case of Boston Properties' recent $450 million acquisition in Nashville that caps annual rent increases at 3.5 percent, they explore how rent control is moving from regulation to contract. They discuss the investor math: how a 3.5 percent rent cap changes underwriting assumptions, cap rates, an...

In this episode, Lucas and Luna unpack the Opportunity Zone program created by the 2017 Tax Cuts and Jobs Act, which was designed to spur investment in distressed communities. They focus on one specific case: a $200 million luxury apartment complex in a designated low-income census tract in Miami's Wynwood neighborhood. The hosts walk through how a provision meant to help struggling areas has beco...

Episode 5 of The Business of Real Estate explores the 1031 exchange, a tax provision that allows real estate investors to defer capital gains taxes indefinitely by rolling proceeds from one property into another. Lucas walks through how the provision works, tracing a typical transaction from a strip mall in Ohio to a multifamily complex in Phoenix. Luna questions whether the policy mostly benefits...

In this episode of The Business of Real Estate with Fexingo, Lucas and Luna dive into the surprising conversion of a failed shopping mall in Columbus, Ohio, into a hyperscale data center. They explore the economics behind the deal—how the property was acquired for $12 million, then sold for $180 million after rezoning—and what it means for retail landlords nationwide. Lucas breaks down the infrast...

Lucas and Luna dig into the quiet crisis hitting Florida's condo market: insurance premiums that have tripled since 2022, forcing thousands of buildings into special assessments and fire-sale listings. They walk through the math on a 40-unit Miami Beach tower where annual insurance jumped from $120,000 to $380,000, and explain the state law that eliminated the 'statute of repose' defense for build...

Episode 2 of The Business of Real Estate dives into the unexpected intersection of rent regulation and institutional investment. Lucas and Luna examine the case of Stuyvesant Town in New York City, a 56-building complex that once symbolised middle-class housing but became the prize in a $5.3 billion leveraged buyout by a Blackstone-led consortium in 2015. They unpack how the REIT structure allowed...

In the debut episode of The Business of Real Estate, Lucas and Luna look at one specific property: a 1980s suburban office park outside Denver that was purchased for $12 million in 2024 and is now being converted into 280 apartments. They discuss the economics of office-to-residential conversion, the numbers that make it work, and what it signals for the broader commercial real estate market as of...