The Kirsh Connection

In this episode of Real Talk, I speak with Matt Ferrari, Co-Chief Investment Officer of TruAmerica, a national, institutionally focused commercial real estate investment firm specializing in the acquisition and repositioning of value-add multifamily properties. In part 1 of our conversation, we discuss: * His days at Archstone where Matt got his hands dirty (literally) learning the apartment busin...

On this episode of Real Talk, I speak with with Paul Miszkowicz and Justin Loiacono, Principals of Harbor Associates. Harbor Associates specializes in acquiring, renovating, operating, and selling commercial properties throughout Southwestern U.S. markets. We discuss: * State of the office market * Sourcing capital for office deals * Name recognition Learn more about Paul Miszkowicz & Justin L...

My Conversation with Michael Cohen, Managing Partner of Brighton Capital Advisors, LLC. Michael Cohen founded Brighton Capital Advisors to assist Borrowers through the complexities of CMBS, Bank and Life Company commercial mortgage servicing. We discuss: - How Michael can help Borrowers - When Borrower should reach out to Michael - What Borrowers should do when underwater Learn more about Michael...

My conversation with Alex Rozenfeld, Founder of Freshwater Investments. We discuss: - When immigrating to the U.S. from Ukraine, did he ever think he would own $500mm of real estate? - What he needs to see in order to acquire multi-family properties again - Which mid-western cities he likes to own real estate in Learn more about Alex Rozenfeld: - Read about Freshwater Investments on their website:...

In this episode of Real Talk, I speak with Andrew Gindy, Founder of Range Equity Management LP (REM), a private investment platform headquartered in Los Angeles exclusively focused on operational real estate opportunities. We discuss * Return expectations for JV capital * What makes successful JV partnerships * Why he focuses on operating asset classes Learn more about Guest Name: * Follow REM on...

My conversation with Jeffrey Karsh, Founder of Tryperion Holdings We discuss: * How Tryperion is a value real estate investor agnostic to asset class capital stack placement * Buying core plus assets but make value add returns * Why he evolved his fund from purely credit to special situations * Whether Jeff is the #1 Pickleball player in the real estate industry Learn more about Jeff Karsh: * Conn...

In this episode of Real Talk, I speak with Aaron Greeno, Co-Founder of Arselle Investments. We discuss: * Arselle’s strategy for transacting in today’s market * The types of operators that are appealing to Arselle * Whether there will be disintermediation of capital allocators * Winning a National Championship in College Football with the University of Miami Learn more about Aaron Greeno: * Connec...

In this episode of Real Talk, I speak with Mark Silver, Co-Founder of Bold Partners and Sunday Capital. We discuss: * Why after several years of doing deals in New York he came out to LA to buy apartment buildings * His “Rule of 4” * How cities should look to the resurgence of San Francisco as a play book on how to recover * Two types of buyers today: value and yield Learn more about Mark Silver:...

In this episode of Real Talk, I speak with Jan Brzeski, Founder of Sage Credit Investment Partners LLC (SCIP). SCIP, based in Durham, NC, operates primarily in North Carolina and California, specializes in non-bank Business Purpose Loan/Residential Transitional Lending (BPL/RTL). SCIP provides senior-secured, short-term loans (approximately two years or less) for acquisitions, bridge financing, re...

In this episode of Real Talk, I speak with Los Angeles Councilmember Traci Park. We discuss: * How she has singlehandedly tackled public safety and homelessness issues * Getting more pro business policies implemented in Los Angeles * When she thinks life will be back to normal in the Pacific Palisades * Could the impact of the fire have been mitigated Learn more about Traci Park: * Visit Traci Par...

In this episode of Real Talk, I speak with Paul Fuhrman, Co-Founder and CEO of Miramar Capital, a full service real estate investment and development company. We discuss: * Why he prefers being an operator to being a capital allocator or real estate attorney * His views on today’s market * How he is making a charitable impact with the Palisades Fire Recovery Learn more about Paul Fuhrman: * Connec...

In this episode of Real Talk, I tell my story about the Palisades Fire interviewed by Gidi Cohen, Founder & CEO at CGI+. We discuss: * What it was like in the Palisades on January 7 – the day of the fire * The hardest moments, challenges, optimism, fear, and frustrations * Next steps on rebuilding the Palisades *********************************** In each episode of Real Talk: Real Estate Discu...

In this episode of Real Talk, I speak with Brian Shniderson, CEO and Founder of Capital 360. We discuss: * What is “beautiful” about self-storage properties * Key factors in sourcing self-storage locations * Brian’s most recent sale which was the largest single asset self-storage deal in history *********************************** In each episode of Real Talk: Real Estate Discussions, Andrew Kirsh...

In this episode of Real Talk, I speak with David Chasin, Chief Executive Officer of Pegasus Investments Real Estate Advisory, Inc. As CEO, David oversees all aspects of the firm’s investment advisory, capital markets, and asset management businesses as well as the executive leadership and strategic vision of the company. We discuss: * Real estate is about longevity investing, it doesn’t matter who...

In this episode of Real Talk, I speak Chad Carpenter, Founder of Reven Office REIT and Reven Capital, LLC. Chad has founded and operated both public and private real estate companies as Chairman & CEO, has 30 years of real estate investing and operating experience and been involved in over $3 billion in real estate transactions. We discuss: * 90% of office borrowers are under water * The defau...

In this episode of Real Talk, I speak with Bill McMorrow, Chairman and CEO of Kennedy Wilson (NYSE: KW), a leading real estate investment company with over $27 billion of assets under management in high growth markets across the United States, the UK, and Ireland. Bill acquired Kennedy Wilson in 1988 and has subsequently grown into a leading global real estate investment platform. We discuss: * Wh...

In this episode of Real Talk, I speak with Ivan Barratt, Founder and CEO of The BAM Companies. A 20-year veteran of the real estate industry, Ivan is a multifamily owner, fund manager, and syndicator who specializes in large apartment communities in the Midwest. Since 2015, he has raised nearly $700 million in equity, acquired over 8,500 units, and acquired over $1 Billion in transaction volume. W...

In this episode of Real Talk, I speak with Jeff Remillard, Chief Investment Officer of Abacus Capital Group, a private real estate investment firm founded in 2004 with a singular focus on multifamily investments in the United States. We discuss: * How Abacus was able to find buying opportunities over the last 12-24 months * Why there has been more deal volume over the last 3-4 months * Specifics a...

In this episode of Real Talk, I speak with John Adair, Managing Partner of Glencrest. Glencrest owns and operates apartment buildings. They offer two investment vehicles — both focused exclusively on existing, high quality, well-located multifamily communities.  We discuss:  * Why John prefers one of capital raises to a fund structure  * How sub-markets can have a different economic climate than t...

In this episode of Real Talk, I speak with Jeff Gleiberman, President of MG Properties. MG Properties is a fully integrated real estate company specializing in the investment, redevelopment, and management of multifamily assets. Jeff is responsible for overseeing investment transactions, operational strategies, and partner relations for the company. Tune in as we discuss: * How MG has become one o...

In this episode of Real Talk, I speak with Base Equities Co-Founders Eli Moghavem and Michael Bastan. Base Equities provides small balance ($1-5 million) preferred equity investments to established sponsors in multifamily and commercial assets in the United States. We discuss: * Dissecting the supply-demand imbalance in the small to middle market of preferred equity * The key metric in evaluating...

In this episode of Real Talk, I speak with Vicky Schiff, CEO of Avrio Management. Avrio’s mission is to acquire or originate debt instruments with stable and predictable returns and strong principal protection while overlaying ESG tools and a proprietary process in keeping with their philosophy of targeting strong risk-adjusted returns and “Measuring What Matters for Tomorrow”.  We discuss:  * Wha...

In this episode of Real Talk, I speak with Dan Joseph, Co-Founder of Corridor Ventures and Apparent Capital. Corridor Ventures is a real estate investment and operating company that creates unique opportunities to invest in real estate and adjacent assets, with a sharp focus on aligning our interests with those of our partners. Apparent Capital is an unconstrained, idea-driven real estate investin...

In this episode of Real Talk, I speak with Jay Parsons of Madera Residential, ​​a Lubbock, Texas-based property investment company with offices in Dallas and Houston that specializes in investing in and transforming apartment communities across Texas and beyond. We discuss: * Why there is a disconnect between the Fed and property owners as it relates to multi-family rental rates * Solving for the...

In this episode of Real Talk, I speak with Grant Collard, CEO of Redstone Residential, an integrated multi-family and student housing real estate firm that acquires, develops, and operates residential projects in sixteen states. We discuss:  * Why student housing asset class is stronger than traditional multi-family  * The ability to concurrently own and operate your own portfolio and provide thir...