CPE Podcasts

Commercial Property Executive

CPE Podcasts is a multi-series channel produced by Commercial Property Executive, exploring issues and trends across the U.S. commercial real estate industry. Find out more on our website: www.cpexecutive.com

  1. Investment Matters: CRE Capital With Cross-Border Clout

    Jun 2

    Investment Matters: CRE Capital With Cross-Border Clout

    Ronald Dickerman says that real estate is part of his DNA. His family owned and operated apartment buildings in Boston, and when he was still a teenager, he’d spend Saturdays at those properties, vacuuming the halls and cleaning the pools. Back then he figured that he’d probably stick close to home and wind up working in the family business, but as it turned out, he was destined for much wider horizons. As founder and president of Madison International Realty, Dickerman leads a company with an uncommon focus on the secondaries market and a footprint that encompasses offices on three continents. Since its founding a quarter century ago, Madison International has raised upward of $8 billiondollars from scores of investors. In our conversation, Dickerman tells us how he came to focus on the secondary market and fills us in on Madison International’s latest corporate-level moves. From the perspective of nearly four decades in the business, he offers his insights on today’s key trends. And, as an expert on international capital flows, he gives us his take on how the U.S. real estate market stacks up against the competition. If you enjoy the Investment Matters podcast, I hope you’ll check out CPE’s Capital Markets newsletter, our free, twice-monthly roundup of the latest trends, analysis and data in commercial real estate investment. It’s easy to subscribe—just go to https://www.commercialsearch.com/news/subscriptions/. Episode highlights: (2:03) What’s in a name?(3:58) Building a business model(6:44) Corporate-level moves/partnerships(9:14) Top trends to unpack, at home and abroad(13:47) Adjusting to the new normal(15:54) Career origin story: CRE in the DNA(21:31) Capital flows and geopolitics(24:12) Will the REIT rollups continue?(26:56) Executive off the clock: staying fit in mind and body(28:25) Fulfilling “a global mandate”Follow, rate and review CPE’s podcasts on Spotify and Apple Podcasts, and don’t forget to subscribe to CPE’s recently relaunched YouTube channel!

    31 min
  2. Step Into My Office: Inside Denver’s Distressed Office Rebound

    May 22

    Step Into My Office: Inside Denver’s Distressed Office Rebound

    Distressed office buildings are becoming a defining part of the current market cycle, especially as higher vacancy, tighter lending conditions and slower demand continue to pressure owners. But distress does not always mean an asset is obsolete. In many cases, the challenge is financial, creating an opportunity for other buyers to reinvest and compete for tenants.Real Capital Solutions is one of the firms taking that selective approach. With over $5.1 billion in investment since 1984, the company is targeting assets with strong fundamentals but challenged capital structures, focusing on properties that can still perform well with the right leasing strategy and repositioning.In this episode of Step Into My Office, CPE’s Olivia Bunescu talked with Real Capital Solutions Founder & CEO Marcel Arsenault about Denver’s office reset and the firm’s approach to buying into distress. Arsenault touched on the idea that office is both an operating and a people business, what lenders still get wrong about the sector, which assets the firm is targeting and what office recovery will look like going forward. Here’s what they discussed: How’s the office market right now? (01:42)Office as an operating business, not a passive asset class (03:06)The lender pullback (05:21)Identifying real opportunities in distressed office (08:42)Financial distress vs. operational distress (11:28)Why is Denver different? (13:04)Neighborhoods and building types RCS is watching (14:38)Cap rates, cash flow and the role of lenders in the recovery (16:04)Why some obsolete office buildings may not be fixable (20:19)First moves after acquiring a distressed office asset (22:30)The outlook for Denver and the national office sector (25:19)Real estate is ultimately a people business (28:03)

    30 min
  3. Alternative Disruptors: Life Science Real Estate in Transition

    May 19

    Alternative Disruptors: Life Science Real Estate in Transition

    Life science real estate has been widely regarded as one of the most resilient sectors of the property market in the U.S. After a surge in new construction that started during the COVID-19 pandemic, the sector is now faced with sharp-rising vacancies in some of the biggest clusters.Long-term drivers like talent, funding, onshoring and biomanufacturing still point to major opportunities, however. In the latest episode of Alternative Disruptors, host Tudor Scolca-Seușan talks with Colliers Executive Vice President Joe Fetterman about where this asset class is headed in 2026 and beyond.Fetterman discusses how the sector evolved in recent years, from the robust enthusiasm felt by investors in 2019 and 2020, to the interest rate increase period and the slow absorption levels in 2024 and 2025.There is hope for the future, however. Fetterman explains why the life science sector’s story is not black and white: while demand for R&D lab space has softened, biomanufacturing is gaining momentum due to onshoring efforts, the U.S. pharma consumption market and blockbuster drug capacity needs.The conversation also covers how investors find opportunities amid oversupply and potential distress, including the case of ‘reversions’ from lab to innovation use or office. Fetterman also touches on the rise of AI and its potential to disrupt the sector.In this episode, you’ll also hear about why the top clusters (Boston, San Diego and San Francisco) are bound to recover faster, as well as which emerging markets have the most potential to become a major hub and why.Here’s a breakdown of the discussion:* (00:00) Intro* (01:08) post-COVID reality check* (04:49) Labs vs. manufacturing split* (08:09) Where opportunity is now* (12:59) Demand drivers and capital* (18:53) Manufacturing durability and AI* (21:06) Top clusters and ecosystems* (24:19) Vacancy, oversupply and recovery* (27:43) Manufacturing location decisions* (30:29) Emerging markets* (34:04) 2026 outlook and wrap-up

    37 min
  4. Sustainability Street: The Rise of Intelligent Buildings

    May 14

    Sustainability Street: The Rise of Intelligent Buildings

    Welcome back to Sustainability Street, CPE’s podcast on the intersection of commercial real estate and the world we live in. Smart buildings have gotten really smart. In this episode, R-Zero Chairperson & CEO Jennifer Nuckles and I chat about how intelligent buildings have moved from advisory to actual operational control at a time when property owners are hyper-focused on improving NOI. Today, intelligent, self-optimizing properties can automatically lower owners’ energy costs along with their carbon footprints. According to Nuckles, AI-powered building management systems have enabled energy to transition from “a fixed unavoidable expense to a controllable material driver of operating expense and valuation.” These systems are also facilitating sustainability’s shift from an externally motivated activity to a line item with direct profit and loss and valuation consequences. “Sustainability initiatives are now indistinguishable from margin expansion initiatives, and the office of the CFO is really paying attention," Nuckles noted. Here are some highlights from our conversation:(01:27) Nuckle’s sustainability journey (04:07) Energy costs and dynamic buildings (06:04) Doing the math on smart buildings (08:25) From static to real time (10:15) Sustainability and smart buildings (13:45) Why your data layer is so important (15:47) Optimizing current assets over building new (17:55) Cutting the cost of regulatory compliance (19:49) How office and industrial are converging (21:18) The next frontier in intelligent buildings (22:02) More resources on technology trends

    25 min

About

CPE Podcasts is a multi-series channel produced by Commercial Property Executive, exploring issues and trends across the U.S. commercial real estate industry. Find out more on our website: www.cpexecutive.com

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