Deconstruct

Tighter lending conditions have proved a thorn in the side of many Miami developers. But not Swire Properties. Henry Bott, the new president of the firm's American arm, discusses development plans for the last piece of land on Brickell Key, plus the mainland office supertall it's building with Related.

As the market for traditional lending, through regional banks or commercial mortgage-backed securities, has dried up, more private credit lenders and financiers have hopped into the real estate space. And Arkhouse, a private equity firm focused on deals to privatize public real estate investment trusts, sees opportunity in that.

The Real Deal's Deconstruct chats with Arkhouse managing partners Gavriel Kahane and Jon Blackwell about why they think the public markets undervalue real estate and why this boom in private credit is good for their business.

Mauricio Umansky is a busy guy. His brokerage The Agency opened a New York office last year, then a Hamptons outpost early this summer. His firm and family star in the Netflix series Buying Beverly Hills. Season 2 wrapped filming in July. And this spring the broker released his first book — The Dealmaker. It's a guide to success in business and in life.

In Fresh Air's 'How Parking Explains The World' host Terry Gross interviews author Henry Grabar on how parking codes, lots and garages limit the creation of affordable housing. Listen here.

Related Companies is building offices in Chicago, Austin and West Palm Beach. That's right — offices. At a time when so many firms are pausing office development, citing a lack of tenant demand and the shift towards remote work, Related is plowing ahead with developments. The Real Deal's Deconstruct chatted with Related's head of office development, Philippe Visser, about why the firm is still building new office stock, despite market headwinds.

In June, a group of investors who invested in a Nightingale Properties-sponsored deal on crowdfunding platform CrowdStreet found out their money was missing. The Real Deal's podcast Deconstruct looks at what happened, the risks with crowdfunding and FundRebel, a new platform that is trying to differentiate itself.

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At 92 years old, Larry Silverstein is shaking things up. The founder of Silverstein Properties is spearheading a mammoth office-to-residential conversion. He's thrown his hat in the ring for the city casino bid. And he's in with a new crowd: the young folks of Lower Manhattan.

The Real Deal's Deconstruct is back with a fresh season of interviews, deep dives and market analysis on Tuesday, September 5. After that, catch us every Monday on Apple, Spotify, TheRealDeal.com or wherever else you love to listen. Talk soon!

RXR Realty CEO Scott Rechler's year has centered on "Project Kodak" — a strategy of separating older, obsolete office buildings from a younger product that can still pull the tenants and rents to thrive. TRD's Deconstruct sat down with Rechler to unpack how that strategy has evolved, why he's pegged multifamily as the next shoe to drop and whether the Fed's recent rate pause will lift the gates on investment sales.

Credits: CBS New York

It’s no secret the Hamptons boomed during the pandemic. New Yorkers fled the city in search of year-round vacation properties, stoking for-sale demand that flooded over into rentals. As the market enters its first Covid-free summer (fingers crossed), brokers say that surge has receded. In its wake stands a housing market transformed.

Guests: Dana Trotter, managing partner at The Agency; Cindy Scholz, partner on Compass’ Hudson Advisory

Real estate is a sport in Palm Beach. And billionaires are still making moves, despite an overall slowdown in home buying across the country. The luxury market in the South Florida town has been propelled by "inter-island moves" — wealthy homebuyers hopping from one mansion to the next. Deconstruct chats with TRD senior reporter Katherine Kallergis about why Palm Beach is continuing to see record deals trade and the most expensive listing currently on the market in the area.