GlobeSt Insiders Podcast Series

Nili Sangani built a team with diversity as a core value, and received a Women of Influence award. She talks about her leadership in this podcast.

Commercial real estate has made great strides in expanding its workforce, but there is still a long way to go. It’s a passion for Nili Sangani, Senior Vice President of Operations at Encore Enterprises and Managing Principal at Encore’s subsidiary Ignite Investments. For her efforts in furthering diversity, Sangani was recognized as a Diversity Champion in GlobeSt.’s 2024 Women of Influence awards.

In this podcast, Sangani talks about the award and its significance. You’ll also hear:

n  How Encore Enterprises has found success with a diversified workforce from its inception,

n  Why diversity extends beyond a statistic into an embodiment of the leadership culture, and

n  What two things women should consider when embarking on a career in commercial real estate.

Four GlobeSt. Women of Influence honorees from The RMR Group discuss their journey, lessons learned and the empowering workplace culture that RMR provides for these leaders.

Honorees Julie Livingstone, Director of Real Estate Development in Newton, MA (Development Professional category); Anshu Bera, Director of Leasing in Sacramento, CA (Corporate Real Estate Executive category); Julia Furber, Florida-based Regional Property Manager (Mentor category); and Kim Feliciano, Tampa, FL–based Facilities Maintenance Manager (Property/Facility Manager category) join Kelsi Maree Borland in conversation on the collective achievement for RMR.

In this podcast, you will learn:

• How each stands out in their respective roles,

• The power of culture and connections in becoming a standout, and

• Lessons for the next generation of female CRE leaders.

Volatility in the capital markets has been the primary obstacle for commercial real estate owners and developers in the last two years. With high interest rates, sponsors are looking for alternative options to round out the capital stack—and equity partners have been the favored resource. However, equity partners are selective, and pricing on equity deals has also increased.

In this episode of the GlobeSt. Thought Leadership series, Berkadia’s Chinmay Bhatt, senior managing director of joint venture equity and preferred equity, discusses the current market. You’ll also hear:

• The current state of availability for JV and preferred equity,

• What’s impacting pricing on equity deals, and 

• How sponsors can make a deal more attractive. 

Last year, the debt markets were defined by increased interest rates and limited capital availability—but it seems the tide is changing. In 2024, multifamily investors can look forward to an improvement in interest rates, particularly in the second half of the year, and increased liquidity, according to Hilary Provinse, EVP - Production and Capital Markets at Berkadia.

In this latest episode of the Thought Leadership podcast series, you’ll hear Provinse describe:

• What she expects in the multifamily debt market this year;
• How interest rates, capital availability and appetite for multifamily product will look for 2024; and
• Who will be the biggest sources of liquidity in the sector.

With an excess of underutilized office buildings and demand for housing, many believe the path to addressing both problems can come with repositioning commercial space into residential. According to Marc Kotler, president of the New Development Group at FirstService Residential New York, not all projects are the same.

Kotler spoke with Kelsi Maree Borland in this episode of the 2023 Multifamily Visions podcast series about some of the difficulties and opportunities available in this real estate space.

You’ll also hear:

n  How a live-work-play community remains important for multifamily,

n  Which amenities are key in the current environment; and

n  What’s ahead for multifamily ground up construction. 

Affordable housing stakeholders are facing severe challenges financing deals, both for new construction and preservation. High interest rates have increased the return requirements for equity investors and significantly increased the cost of debt.

It’s one challenge of many for affordable housing projects, say Stacie Nekus and Kyle Kolesar from KeyBank’s Community Development Lending and Investment Team, who note that the bank has helped its partners remain resilient in finding viable solutions for borrowers.

In this episode of the Thought Leadership podcast series, you’ll hear:

• How construction costs have made it difficult to underwrite new deals;
• What other cash-flow constraints are making affordable housing more difficult; and
• Why creative financing solutions may be the solution to relieve some of the roadblocks.

Economic headwinds and narrow margins are pushing industrial investment capital into secondary and tertiary cities, if they’re investing at all. 

Today, industrial investors are navigating through difficult market conditions. For many, this is the first time that the e-commerce-driven industrial segment has faced economic headwinds and required a more conservative strategy.

Christopher Galiano, managing director-principal at NAI DiLeo-Bram, discusses these changing market dynamics, and how they’re impacting investment this year.

In this podcast, you’ll hear:

●      Which factors are shaping the industrial landscape today;

●      What rising opportunities and attractive yields mean in secondary and tertiary markets; and

●      Why investment market is frozen, and what it will take to unthaw.

Market downturn pressures hit commercial brokerages hard: from reduced deals and revenue drops to job cuts. . SVN International, however, views the market slowdown as a time for the opportunity to invest internally and retool for the upswing.

In the latest episode of Thought Leadership podcast series, SVN International’s new leadership—CEO Xavier Mufraggi and president Tim Spillane—talk about the value of real estate advisors and how SVN is reinvesting in its business in spite of the market disruption.

In this podcast, you’ll hear:

•   The importance of an advisor in difficult times,
• How the downturn represents an ideal time to prepare for the next upswing, and
• What Mufraggi and Spillane’s combined experience through previous downturns has taught them.