The AFIRE Podcast

(Featuring Charlotte Kang, National Hotels and Hospitality Valuation and Advisory Leader; and Emily Chadwick, Lead Risk Adviser and Head of ESG & Risk; JLL)

https://www.afire.org/podcast/lodgingleads202212/

As a labor-intensive and service-oriented asset class, hospitality is uniquely positioned to be a leader in advancing sustainability goals for investors.

Speaking for JLL, Charlotte Kang, National Hotels and Hospitality Valuation and Advisory Leader and Emily Chadwick, Lead Risk Adviser and Head of ESG & Risk, discuss how ESG practices in the hospitality sector can be instructive for all asset classes.

The hospitality sector has faced an incredible set of challenges with global COVID shutdowns and a fast return to travel over the last two years. Despite the challenges, hospitality has also taken a lead in ESG best practices, operations, construction, and retrofits. Are there lessons here for multifamily and office investors to learn?

As a follow-up to their Summit Journal article, “Lodging Takes the Lead,” Kang and Chadwick, sat down on July 1, 2022 with AFIRE CEO and podcast host Gunnar Branson to talk about the transformation of hospitality and the ESG challenges every commercial property faces today.

(Featuring Jeffrey Kanne, President & CEO, National Real Estate Advisors)

https://www.afire.org/podcast/jeffreykanne/

Jeffrey Kanne, President and CEO of National Real Estate Advisors and Co-Author of the white paper, “Climate Change is Generating a Tech Revolution,” discusses how technology developed to combat climate change will transform the built environment as well.

Climate change has become more immediate and dire than ever before, but as Albert Einstein once said, “in the middle of difficulty lies opportunity”.

What if all the work to decrease carbon and adapt to a changing climate creates a better built environment as well?

In this two-part podcast recorded 30 June 2022, Jeffrey Kanne, President and CEO of National Real Estate Advisors, sat down with AFIRE CEO and podcast host Gunnar Branson to talk about real estate’s new opportunities to come out of new climate tech. As Kanne says, it may be time for us “…to imagine a world magnificently transformed by the technologies that are created to fight climate change.”

(Featuring Jeffrey Kanne, President & CEO, National Real Estate Advisors)

https://www.afire.org/podcast/jeffreykanne/

Jeffrey Kanne, President and CEO of National Real Estate Advisors and Co-Author of the white paper, “Climate Change is Generating a Tech Revolution,” discusses how technology developed to combat climate change will transform the built environment as well.

Climate change has become more immediate and dire than ever before, but as Albert Einstein once said, “in the middle of difficulty lies opportunity”.

What if all the work to decrease carbon and adapt to a changing climate creates a better built environment as well?

In this two-part podcast recorded 30 June 2022, Jeffrey Kanne, President and CEO of National Real Estate Advisors, sat down with AFIRE CEO and podcast host Gunnar Branson to talk about real estate’s new opportunities to come out of new climate tech. As Kanne says, it may be time for us “…to imagine a world magnificently transformed by the technologies that are created to fight climate change.”

(Featuring Max LaVictoire, Principal, Hodes Weill & Associates.)

https://www.afire.org/podcast/carryon202210/

While continuation vehicles were once viewed as a signal of delay or failure, market sentiment is rapidly changing.

The rules are changing, faster and more frequently than before. Flexibility is more important than ever, as is the ability to adapt strategic plans. An investor’s strategic plan from five years ago may not be optimized for today’s reality

Over the past few years and with increasing frequency, real estate investment managers and their investors have been exploring ways to recapitalize opportunistic or value-add investments with longer-term (and often lower cost) capital.

While continuation vehicles were once viewed in a negative light, due to the potential conflicts between GP and LP interests, or to the tendency for such vehicles to be utilized only when there had been a failure or delay in accomplishing a fund’s objectives, market sentiment is rapidly changing.

Max LaVictoire, Principal at Hodes Weill & Associates responsible for capital raising and advisory practices, sat down with AFIRE CEO and podcast host Gunnar Branson to discuss his recent article in AFIRE’s Summit Journal about how secondary offerings for existing funds have evolved from a defensive move to a more strategic option for managers and investors.

(Featuring Megan Walters, PhD, Global Head of Research, Allianz Real Estate)

https://www.afire.org/podcast/citieswork202209/

Megan Walters, PhD, Global Head of Research for Allianz Real Estate, shares her latest insights on European office markets that are well positioned for growth. According to her recent article in AFIRE’s Summit Journal, the best cities are not always the obvious choice.

The world and the way we work has radically changed over the past few years. Working from home has gone from a niche practice to a key part of many firms’ future strategies; however, offices will likely remain crucial for collaboration, training, and maintaining corporate culture. Changing practices will fuel continuing bifurcation between prime and secondary offices, and the location and quality of assets will be more important than ever. The pandemic has also accelerated existing structural trends, in particular the rise of the tech sector.

After more than two years of COVID, investors in commercial office properties continue to look for clarity around the future of different markets. Based on a broad range of data sources, Megan Walters and her colleagues at Allianz Real Estate have some fascinating insights on the top cities in Europe for office investment.

Megan Walters, PhD, Global Head of Research for Allianz Real Estate, sat down in May 2022 with AFIRE CEO and podcast host Gunnar Branson to discuss her latest insights on European office markets that are well positioned for growth.

(Featuring Parag Kahnna, Founder, FutureMap)

The Great Lockdown of the COVID-19 pandemic heightened fears that city living—and cities in general—might become a thing of the past. But a close look at the data tells a different story.

https://www.afire.org/podcast/citywins202208/

The global response to the pandemic contributed to a still-unprecedented era of transition and change. Anyone watching migration patterns the past two years likely saw these changes happening in real time. Now more than two years past the initial onset of the pandemic, as COVID fears slowly fade into the rear view mirror, populations have shifted and markets have transformed, but despite negative prognostications about urbanism in 2020, one thing has remained unchanged: people always return to cities. Even as some cities fall out of popularity, others rise to replace them.

In this episode of the AFIRE Podcast with Gunnar Branson, Parag Khanna, founder of FutureMap (an AI software that uses vast amounts of migration data to predict human movements up to the year 2040), discusses how cities will always be the center of our shared future—and what this means for investors, building users, and communities.

In other words: the city always wins.

(Featuring Parag Kahnna, Founder, FutureMap)

The Great Lockdown of the COVID-19 pandemic heightened fears that city living—and cities in general—might become a thing of the past. But a close look at the data tells a different story.

https://www.afire.org/podcast/citywins202208/

The global response to the pandemic contributed to a still-unprecedented era of transition and change. Anyone watching migration patterns the past two years likely saw these changes happening in real time. Now more than two years past the initial onset of the pandemic, as COVID fears slowly fade into the rear view mirror, populations have shifted and markets have transformed, but despite negative prognostications about urbanism in 2020, one thing has remained unchanged: people always return to cities. Even as some cities fall out of popularity, others rise to replace them.

In this episode of the AFIRE Podcast with Gunnar Branson, Parag Khanna, founder of FutureMap (an AI software that uses vast amounts of migration data to predict human movements up to the year 2040), discusses how cities will always be the center of our shared future—and what this means for investors, building users, and communities.

In other words: the city always wins.

We are all invested in the cities, assets, and infrastructure of tomorrow, even if we might not live to see the ten largest cities in 2100. But understanding climate change can get us closer.

https://www.afire.org/podcast/climatefuture202207/

Can you guess what the ten most populated US cities were in the year 2000?

New York and Los Angeles would be safe bets and come without hesitation. A moment’s pause, and Chicago would come to mind. Those who follow cities might remember that San Francisco and San Jose are separate in most data; skip them and reason that Houston and Philadelphia came next. The rest of the top ten would hardly surprise: Phoenix, San Diego, Dallas, and San Antonio all were warm and with large job markets. Detroit in tenth, was a city in decline but still servicing a healthy domestic auto industry.

In this episode of the AFIRE Podcast, Rajeev Ranade, Partner at Climate Core Capital, and Owen Woolcock, Partner at Climate Core Capital, discuss their recent Summit Journal article about the future of climate change and its effects on real estate.

We are all invested in the cities, assets, and infrastructure of tomorrow, even if we might not live to see the ten largest cities in 2100. But understanding climate change can get us closer.

www.afire.org/podcast/climatefuture202207/

Can you guess what the ten most populated US cities were in the year 2000?

New York and Los Angeles would be safe bets and come without hesitation. A moment’s pause, and Chicago would come to mind. Those who follow cities might remember that San Francisco and San Jose are separate in most data; skip them and reason that Houston and Philadelphia came next. The rest of the top ten would hardly surprise: Phoenix, San Diego, Dallas, and San Antonio all were warm and with large job markets. Detroit in tenth, was a city in decline but still servicing a healthy domestic auto industry.

In this episode of the AFIRE Podcast, Rajeev Ranade, Partner at Climate Core Capital, and Owen Woolcock, Partner at Climate Core Capital, discuss their recent Summit Journal article about the future of climate change and its effects on real estate.

Daniele Russolillo, COO of Planet Smart City, explains how his company is building affordable communities in India, Brazil, Italy, and the U.S. while delivering high levels of sustainability, technology, and community support for their tenants—all the while delivering solid returns for investors.

https://www.afire.org/podcast/buildit202206/

The demand for affordable housing around the world is not disputed, but the supply is another matter.  Investors and developers have long been stymied by regulations as well as the costs of new development at times like these.  However, where there is demand, there is always a way forward.  Planet Smart City is one of a handful of innovative groups that are delivering thousands of new affordable units. They also happen to be doing it at scale around the world.

According to Mr. Russolillo, affordable housing is the most important investment we can make. After listening to this podcast, you may agree.