Breneman Blueprint: Real Estate and Entrepreneurship Podcast Drew Breneman

In today's episode, we're taking a look back at some of the most influential conversations from the early days of our podcast.
 
Steve Kundert, Senior Vice President at CBRE, shares his vast experience in originating over $10 billion in commercial real estate loans, offering key advice on securing debt from diverse capital sources for a competitive edge. 
 
Next, James Nelson, a leading New York City broker with $2.5 billion in deals and a bestselling investment book, provides proven strategies for identifying motivated sellers and enhancing property value in tough times. 
 
Finally, Jordan Gottlieb, a top multifamily broker in Chicago, brings insights into the city's booming rental market, highlighting the potential for profit in a landscape characterized by high rent growth and low supply, perfect for hands-on investors.
 
Tune in to gain invaluable insights from these industry leaders and take your real estate investment strategies to the next level.
 
Highlights:
00:00 Intro
00:53 Steve Kundert, a debt and equity intermediary at CBRE
01:37 What is Senior President of Debt and Structured Finance?
02:12 Pullback in liquidity from the middle market banks
08:01 General landing options for multifamily properties
13:50 Debt fund market is almost non-existent
17:35 James Nelson, one of New York City's top investment sales brokers
19:52 Real estate strategies in competitive market
21:42 Lessons on specialization and expertize
25:31 Challenges can be opportunities 
27:46 Understanding trends in real estate
31:38 Jordan Gottlieb, multifamily broker from Essex Realty in Chicago
32:06 Chicago - highest rent growth, highest demand, low supply
35:36 Real estate investing in Chicago and Sunbelt states
39:26 Real estate taxes and the challenges of investing
44:49 Rent and property taxes in Chicago
 
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Breneman Capital: https://www.breneman.com/invest
 
Investor List: https://www.breneman.com/invest
 
Passive RE Investor Guidebook: https://www.breneman.com/downloads
 
Connect with Drew: https://linktr.ee/drewbreneman

Tired of the nine-to-five grind, Tyler Lyons made a bold move - he left behind a successful corporate accounting career to break into commercial real estate. Now he shares the story of his journey, along with insider tips for navigating today's shifting market. 

And learn why his firm, Asym Capital, invests exclusively in Phoenix multifamily. 
 
Highlights:
00:00 Intro
01:00 Speaking at RaiseFest in Phoenix
05:27 The benefits of starting a podcast
08:49 How did Tyler get into real estate
19:50 Deals before the Asym
21:07 A decision to invest in multifamily spaces in Phoenix
31:53 Breaking into the new market
42:20 Real estate investing today – cash flow and value add
47:59 The changing market and risk profile
54:43 Focusing on broker relationships 
 
 
Connect with Tyler Lyons  https://www.linkedin.com/in/tyler-lyons-realestate/

In today's episode, we're revisiting some pivotal conversations from some of our top episodes in 2023.

First up is an insightful discussion with Jim Vozza from CBRE, where we delve deep into the world of Freddie Mac and Fannie Mae small balance loans for multifamily properties. Although aired some time ago, this episode remains incredibly relevant in today's evolving real estate landscape.

Next, get ready to meet Tyler Hague, a multifamily investment sales broker from Colliers. Tyler brings a wealth of experience and expertise to the table, as he shares insights from overseeing Colliers' Midwestern apartment practice, covering over a dozen markets across the country. With a track record of over 3 billion dollars in sales over the past 15 months, Tyler's insights offer a comprehensive view of the multifamily market landscape.

And last, but certainly not the least, we are joined by Bob Knakal, a legendary broker from New York City. With a career spanning nearly four decades in brokerage, Bob brings unparalleled expertise and insights to the table. As one of the foremost commercial real estate brokers specializing in selling buildings in New York City, Bob's journey is a testament to dedication, hard work, and a passion for the industry.

Tune in now to gain invaluable insights from industry experts and elevate your real estate investment strategies to new heights!

Highlights:

00:00 Intro
00:51 Jim Vozza from CBRE Business Lending
01:55 Market trends and investing strategies
05:13 Multifamily and access to Freddie and Fannie loans
08:23 The small balance program
09:48 Special rates for affordable properties
15:08 Tyler Haeg Multifamily Investment Sales Brokers from Colliers
17:06 Real estate market changes and equity investment
22:31 Real estate problems no one talks about
28:16 Different markets and investing strategies
33:35 Bob Knakal, legendary broker from New York City
37:00 Passion and hard work in real estate
38:33 Growing strategies in real estate
41:48 The importance of market presence
46:49 Investing strategies and ompetitors 

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Breneman Capital: https://www.breneman.com
 
Investor List: https://www.breneman.com/invest
 
Passive RE Investor Guidebook: https://www.breneman.com/downloads
 
Connect with Drew: https://linktr.ee/drewbreneman

Is now a good time to invest? 

It’s easy to make excuses.

- “Interest rates are high.”
- “The market is tough.”
- “We’re facing a recession.” 

Sure, it’s a challenging market to buy in.
But that means it might be easier to get a broker’s attention.
It might be easier to find deals with less competition.
It might be easier to be taken seriously. 
Are you going to need to comb through more deals?
Yes.

Does that mean good deals don’t exist?
No.

- There are good deals in bad markets.
- There are good deals in bad cities.
- There are good deals at all times. 
--Breneman Capital: https://www.breneman.com Investor List: https://www.breneman.com/invest Passive RE Investor Guidebook: https://www.breneman.com/downloads Connect with Drew: https://linktr.ee/drewbreneman

This episode takes you inside the deal-making process of commercial real estate investor Andrew Dunn. Andrew is the managing partner at VAC Development, an asset-class agnostic real estate investment group focusing on yield and asset allocation. 
Andrew primarily runs the acquisitions, capitalization, and business plan execution for the firm. In this episode, Andrew reveals his approach to scaling a real estate business through a programmatic model. He details how he sources deals that fit the criteria of large institutional investors and secures large equity checks through relationships. Andrew also provides insights into evaluating retail, office, and mixed-use deals through an analysis of yield on cost and development spread. Timestamps:
00:00 Intro01:09 Andrew’s Dunn background04:20 Getting into commercial real estate06:42 The importance of operator selection for hotel deals09:56 Setting yourself apart from the competition12:14 Chasing equity vs. chasing deals16:30 The director of investor - requirements and commissions18:57 Investor relations strategies for finding capital23:51 The Starbucks lease strategy32:19 The importance of lease in terms of cap rate40:05 Yield of cost metrics and risk evaluation49:33 The influence of demographics on property value53:33 Retail vacancy rates and office space trends56:00 Shift in consumer behavior towards outdoor malls59:56 Sublease and healthy market Interested in chatting with Andrew?
Connect with him on LinkedIn:https://www.linkedin.com/in/andrewmdunn41/
X/Twitter:https://twitter.com/andrewmdunn_
tiktok: andrewmdunn_
Or through his company site:https://www.vacdevelopment.com/
--Breneman Capital: https://www.breneman.com Investor List: https://www.breneman.com/invest Passive RE Investor Guidebook: https://www.breneman.com/downloads Connect with Drew: https://linktr.ee/drewbreneman

In this episode, our guest, Tanner Webster, shares his journey. Tanner discusses how he learned the ins and outs of real estate development through hands-on experience, flipping houses, working for a developer, and then taking the risk on his first ground-up development project. Listeners will learn Tanner's strategies for raising capital from investors, navigating the development process, and why he is targeting Class B/C industrial real estate today.
Highlights of this episode:
00:00 Intro01:09 How did Tanner Webster get into real estate?03:21 The first deal in 201905:56 Cold calling and learning from a real estate developer13:14 Starting his first ground-up project18:45 Real estate development and financial strategies20:57 The benefits of Freddie Mac SBL loan23:22 Closing a $4.3 million renovation deal in cash29:28 The best way for people to start out32:13 Developing land for commercial uses36:47 Industrial real estate development45:09 Tanner giving back through his podcast48:25 Go out and be willing to fail Interested in chatting with Tanner? Connect with him on LinkedIn: https://www.linkedin.com/in/tanner-webster-76b182193/
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Breneman Capital: https://www.breneman.com Investor List: https://www.breneman.com/invest Passive RE Investor Guidebook: https://www.breneman.com/downloads Connect with Drew: https://linktr.ee/drewbreneman