Investing with GoodLife GoodLife Housing Partners

In this episode


Rohan and David discussed the items below Key Points:


Federal Reserve:

Did not cut interest rates, despite pressure from both Democrats and Republicans.
Maintained a hawkish stance to combat inflation.
The dot plot projects one rate cut this year and six by the end of 2025.

Economy:

Jobs report showed positive job growth but also a rise in unemployment.
CPI report indicated inflation is slowing down slightly.
Supercommuting (driving 75+ miles to work) is on the rise due to hybrid work arrangements.

Real Estate:

Las Colinas is experiencing a boom in office development due to a large Wells Fargo project.
Starwood Property Trust is facing liquidity problems and has limited shareholder redemptions.
Blackstone secured a credit facility with the UC Board of Regents, highlighting the importance of diversification.
Luxury retail in prime locations is a niche market with high cap rates despite rising interest rates (due to brand value and location necessity).
UC Berkeley won a lawsuit and can move forward with building student housing at People's Park.
California Supreme Court decision allows development projects to proceed even if challenged for noise concerns.



The episode mentions the bipartisan criticism of the Fed's monetary policy.
The discussion on supercommuting highlights the impact of flexible work arrangements on residential location choices.
The Starwood case emphasizes the challenges faced by real estate investment trusts during economic downturns.
The Blackstone example showcases the benefits of diversification for real estate companies.


Rohan recommends a chai brand called Blue Lotus which offers different flavors of chai. [41:28.711]
David recommends Rise, a special type of matcha mixed with mushrooms like lion's mane which is supposed to be good for energy and weight loss. [43:03.524]
Rohan recommends the Real Deal Deconstruct Podcast, a podcast about real estate which gets into some gossipy content but also educational content. [44:20.231]
David reads the newsletters from The Real Deal. [45:03.844]


Here are the restaurant recommendations:


Ichiza ([Japanese restaurant]
Izakaya go ([Japanese restaurant])
Quarters Korean BBQ


Here are the beverage recommendations:



Blue Lotus Chai [Indian chai brand]
Rise Matcha (Matcha brand with medicinal mushrooms)




Don't miss this informative and entertaining episode! If you have any questions or comments for Rohan and David, please feel free to send us an email at pod@goodlifehp.com. We'd love to hear from you! ***Don't forget to follow GoodLife Housing Partners on Twitter (@GoodLifeHP), Instagram (https://www.instagram.com/goodlifehp/), Youtube (https://www.youtube.com/@GoodLifeHP), Facebook, and LinkedIn!

https://goodlifehp.com/join/






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Send in a voice message: https://podcasters.spotify.com/pod/show/goodlifehp/message

If you have any questions or comments for Rohan and David, please feel free to send us an email at pod@goodlifehp.com. We'd love to hear from you! ***Don't forget to follow GoodLife Housing Partners on Twitter (@GoodLifeHP), Instagram (@GoodLifeHP), Facebook, and LinkedIn!




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In this episode, David and Rohan discuss the ongoing shakeup in the commercial real estate market. They delve into the specific challenges facing office buildings, the flight of capital from these properties, and the alternative asset classes investors are turning to. David shares news of pension funds struggling with their real estate holdings, while Rohan offers his perspective on why some cities are faring worse than others.

Later, they explore the different approaches cities are taking to revitalize their downtowns. One city is offering grants to developers to convert office buildings, while another is providing cash incentives. David finds this to be an interesting free market solution, while Rohan questions its effectiveness.

The conversation then shifts to real estate woes playing out across the country. David shares the story of a prominent New York City developer facing foreclosure, while Rohan highlights the struggles of luxury hotels like the Four Seasons in San Francisco. They discuss how even seemingly strong assets are not immune to the current market conditions.

To wrap up the episode, David offers a glimpse into the world of high-end Las Vegas restaurants, while Rohan recounts a luxurious golfing experience in Maryland. He also shares his recent foray into the world of CrossFit and his discovery of a new podcast, "The Wealth Elevator," hosted by Lane Kawaka.






Don't miss this informative and entertaining episode!If you have any questions or comments for Rohan and David, please feel free to send us an email at pod@goodlifehp.com. We'd love to hear from you! ***Don't forget to follow GoodLife Housing Partners on Twitter (@GoodLifeHP), Instagram (https://www.instagram.com/goodlifehp/), Youtube (https://www.youtube.com/@GoodLifeHP), Facebook, and LinkedIn!

https://goodlifehp.com/join/






Recommended:

Restaurants:
Lotus of Siam - https://www.lotusofsiamlv.com/

Matteos Ristorante-https://www.venetianlasvegas.com/restaurants/matteos-ristorante-italiano.html


Podcast:
https://podcasts.apple.com/us/podcast/the-wealth-elevator/id1118795347








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Rolling Recessions: Episode 150



In this celebratory 150th episode, David shares to Rohan some highlights from his recent trip to Las Vegas. David dives into his recent trip to the ICSC retail conference in Las Vegas. He discusses key takeaways about the future of retail, including:

The rise of mixed-use developments and experiential retail stores.

Shorter lease terms and a focus on online fulfillment.

The increasing popularity of drive-thru and standalone stores.

David and Rohan then discussed the merits of online grocery shopping and the future of toilet paper aisle browsing.

They also explore the concept of a "rolling recession" - an economic downturn that unevenly affects different industries. David shares his thoughts on which sectors are currently feeling the pinch and which ones might be bright spots.



Here are some of the other interesting topics covered in the episode



Restaurants:

Top Eats in Azzurra Italian Restaurant in Henderson (34:55)

Don Prime (32:10)



Sports:

Steph Curry's recent real estate investment in San Francisco.



Don't miss this informative and entertaining episode!If you have any questions or comments for Rohan and David, please feel free to send us an email at pod@goodlifehp.com. We'd love to hear from you! ***Don't forget to follow GoodLife Housing Partners on Twitter (@GoodLifeHP), Instagram (https://www.instagram.com/goodlifehp/), Youtube (https://www.youtube.com/@GoodLifeHP), Facebook, and LinkedIn!

https://goodlifehp.com/join/



Recommended:



Restaurants:
Don's Prime
⁠Top Eats in Henderson: Wagyu Beef and Authentic Italian ⁠

Hidden Gem:
Azzurra Cucina and Wine Bar



#Azzurra #Don'sPrime













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Send in a voice message: https://podcasters.spotify.com/pod/show/goodlifehp/message

If you have any questions or comments for Rohan and David, please feel free to send us an email at pod@goodlifehp.com. We'd love to hear from you! ***Don't forget to follow GoodLife Housing Partners on Twitter (@GoodLifeHP), Instagram (https://www.instagram.com/goodlifehp/), Youtube (https://www.youtube.com/@GoodLifeHP), Facebook, and LinkedIn!



https://goodlifehp.com/join/

Recommended:



Restaurants: (35:02)
⁠⁠K5 Pho & Rolls - Vietnamese⁠⁠

Podcasts: (35:30)
⁠⁠The Compound and Friends on Apple Podcasts⁠⁠




#Food #Restaurant #k5Eggrolls #Podcast







---

Send in a voice message: https://podcasters.spotify.com/pod/show/goodlifehp/message

If you have any questions or comments for Rohan and David, please feel free to send us an email at pod@goodlifehp.com. We'd love to hear from you! ***Don't forget to follow GoodLife Housing Partners on Twitter (@GoodLifeHP), Instagram (https://www.instagram.com/goodlifehp/), Youtube (https://www.youtube.com/@GoodLifeHP), Facebook, and LinkedIn!



https://goodlifehp.com/join/














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Send in a voice message: https://podcasters.spotify.com/pod/show/goodlifehp/message