Between Two Chairs - Demystifying Commercial Real Estate

Fernando Arencibia, Jr. and Jennifer Wollmann

Welcome to Between Two Chairs: Demystifying Commercial Real Estate, the podcast that brings you the latest insights and trends from the Miami commercial real estate industry. Co-hosts Fernando Arencibia Jr. and Jennifer Wollmann, both former Chairman of the Board for the largest local real estate association in the Country, the Miami Association of Realtors, bring a wealth of experience and knowledge to every conversation. In each episode, we dive deep into the world of commercial real estate in Miami, speaking with market leaders, exploring the latest trends, and breaking down complex concepts to make them accessible for everyone. Whether you're a seasoned real estate professional, a curious investor, or just interested in the Miami market in general, Between Two Chairs is the podcast for you. So sit back, relax, and join us as we demystify the world of commercial real estate in Miami.

  1. What A World Wonder Teaches Us About Building Community in Commercial Real Estate

    FEB 19

    What A World Wonder Teaches Us About Building Community in Commercial Real Estate

    This month’s theme — The Power of People & Place — comes to life through the children’s book A World Wonder by Laura Wiffler. with its message that speaks directly to the heart of commercial real estate: the spaces we build shape the way people experience community. In this episode, we explore how differences in people and buildings create the fabric of a neighborhood — whether we are building, buying, redeveloping, or leasing, what we are ultimately shaping is the community experience. Using Miami as our case study, we connect themes from the book to our own backyard: Ease of Travel & Connectivity Walkable urban cores, transit corridors, our international and executive airports and the ports, all connect us to our community and the world beyond, Diversity of Places & Architecture Miami’s layered identity — historic, modern, waterfront, cultural — reflects the book’s celebration of differences. Landmarks like the Freedom Tower and cultural institutions like the Pérez Art Museum Miami (PAMM) anchor community identity and tell the story of place. Community Through Events Events create shared experiences that define cities. Gatherings like Ultra Music Festival and global moments such as the 2026 FIFA World Cup energize neighborhoods, activate real estate, and elevate Miami’s position on the world stage. This episode also serves as a thoughtful companion to our recent conversation with MJ Green of the Miami Downtown Development Authority, where we discussed how intentional development can strengthen the social fabric of downtown. At its core, A World Wonder reminds us that buildings are never just buildings. They are invitations, to gathers and create experiences. If you’re in commercial real estate, this episode will challenge you to think beyond transactions and toward transformation — because real estate decisions ripple far beyond square footage and rent rolls.

    23 min
  2. Miami CRE 2026: Stabilization, Shifting Leverage & the Affordability Question

    FEB 12

    Miami CRE 2026: Stabilization, Shifting Leverage & the Affordability Question

    "Mixed Urban Is A Trend, Not Trendy" The 2026 CCIM Miami Monroe Outlook Conference delivered a clear message: Miami’s commercial real estate market is not collapsing — it’s recalibrating. In this episode, we break down the biggest takeaways from industry leaders including Jeffrey Havsey of Moody’s Analytics, Terry Fraser Reid of Miami Freedom Park, Michael Berkowitz of Berkowitz Development Group, South Miami Mayor Javier Fernandez, Carrie Smith of Franklin Street, Grant Killingsworth of CBRE, Edison Vasquez of ComReal, and Mitash Kripalani of Cushman & Wakefield. Some of the highlights include: Retail: Notable submarkets:BrickellWynwoodCoral GablesCoconut Grove (reestablished primary market)South Miami (Sunset Place redevelopment catalyst)Industrial: 2025 favored tenants, with:Higher concessionsSlower lease-up timesTariff-related pauses mid-yearBut new construction has slowed significantly, meaning fewer deliveries in 2–3 years. By Q4 2026, leverage is projected to shift back toward landlords. A key tension to watch: the disconnect between developer-required land pricing ($2–$2.5M/acre) and owner expectations ($3M+/acre). The Big Picture for 2026: Miami CRE is entering a phase of:Slower but stabilizing fundamentalsModerating rent growthDecelerating supplyImproving sentimentSector-specific leverage shiftsIt’s no longer a frenzy market. It’s a fundamentals market. And in that environment, underwriting, local expertise, and strategic positioning matter more than ever.

    33 min

Ratings & Reviews

5
out of 5
2 Ratings

About

Welcome to Between Two Chairs: Demystifying Commercial Real Estate, the podcast that brings you the latest insights and trends from the Miami commercial real estate industry. Co-hosts Fernando Arencibia Jr. and Jennifer Wollmann, both former Chairman of the Board for the largest local real estate association in the Country, the Miami Association of Realtors, bring a wealth of experience and knowledge to every conversation. In each episode, we dive deep into the world of commercial real estate in Miami, speaking with market leaders, exploring the latest trends, and breaking down complex concepts to make them accessible for everyone. Whether you're a seasoned real estate professional, a curious investor, or just interested in the Miami market in general, Between Two Chairs is the podcast for you. So sit back, relax, and join us as we demystify the world of commercial real estate in Miami.