On The Edge

In this episode, Host Malcolm Davies, founder of Way Capital is joined by Bryan Gross, Director of Real Estate with Arena Investors. For nine years, Arena Investors has been providing creative solutions for those seeking capital in special situations as a global institutional asset manager.

Listen in to gain a greater understanding of:

• Cost of certainty of execution
• Borrower accountability
• Finding unique, and creative sources of capital in a capital-starved market
• Ascending the capital stack in real estate
• Middle-market institutional-level deals
• Short-term predictions for the CRE market

Contact:

• Way Capital
• Arena Investors
• Malcolm Davies on LinkedIn
• @WayCapitalCRE on X
• @WayCapitalCRE on Instagram
• Way On the Edge on Youtube

Shareables:

"We are in a capital-starved market where we are looking for unique sources of capital to solve challenges in the commercial real estate industry." — Malcolm Davies, Founder Way Capital #thisistheway

"In the last 15 years, we've never seen a larger spread between the transitional cost of capital versus a stabilized cost of capital." — Malcolm Davies, Founder Way Capital #thisistheway

"Time kills deals. And, because lenders have the power right now, borrowers are feeling the pressure." — Bryan Gross, Director, Real Estate, Arena Investors

"We position ourselves in the capital structure to find a way to protect our investment first, and then, if there is an outside opportunity, we may go deeper in the capital structure with a participating equity component." — Bryan Gross, Director, Real Estate, Arena Investors

"It's really hard to determine value today because one of the key pieces of value is cap rates and cap rates are very much backward-looking." — Bryan Gross, Director, Real Estate, Arena Investors