Season 1, Episode 8: In this episode of No Cap by CRE Daily, Alex and Jack discuss Dallas' rise as a finance hub, major developments from Goldman Sachs and Wells Fargo, and Trimont's acquisition of Wells Fargo's $475B CRE loan portfolio. They also cover JLL's $18M fraud loss, South Florida's condo challenges, Sonder's Marriott partnership, and the latest on retail closures and CRE mortgage originations.

TOPICS

0:18 — Alex’s Weekend in the Hamptons

2:19 — "Y’all Street Journal" and Dallas' Financial Boom

3:57 — Trimont's $475B Wells Fargo Acquisition

5:38 — Mr. Cooper Buys Flagstar’s Mortgage Servicing

6:46 — JLL Hit by $18M Multifamily Loan Fraud

9:36 — Florida Condo Market Crisis 

15:49 — Marriott Rescues Sonder with Strategic Deal

19:38 — U.S. Retail Store Closures Surpass Openings

22:24 — Alex Witnesses a Robbery in Real Time

25:00 — TSA-Level Security at CVS & Walgreens

28:24 — Multifamily Market Shows Signs of Stabilization

31:44 — Merch Giveaway 

We want to thank our sponsor Viking Capital. 

For more episodes of No Cap by CRE Daily visit https://www.credaily.com/podcast/

About No Cap Podcast

Commercial real estate is a $20 trillion industry and a force that shapes America’s economic fabric and culture. No Cap by CRE Daily is the commercial real estate podcast that gives you an unfiltered ”No Cap” look into the industry’s biggest trends and the money game behind them. Each week co-hosts Jack Stone and Alex Gornik break down the latest headlines with some of the most influential and entertaining figures in commercial real estate.

About CRE Daily 

CRE Daily is a digital media company covering the business of commercial real estate. Our mission is to empower professionals with the knowledge they need to make smarter decisions and do more business. We do this through our flagship newsletter (CRE Daily) which is read by 65,000+ investors, developers, brokers, and business leaders across the country. Our smart brevity format combined with need-to-know trends has made us one of the fastest growing media brands in commercial real estate.