The Promote Podcast

ten31 Media
  • 4.9 (70)
  • INVESTING

Your Commercial Real Estate Insider guide. From profiles of the biggest dealmakers to skyline-shaping transactions, we bring you the deals, breakdowns and war stories that move the market — for insiders, by insiders. From bad-boy guarantees to CMBS tranche warfare to syndicator sins, we cover it all. Each week, The Promote Podcast explores three of the most interesting and consequential stories in CRE, taking you well beyond the headlines and into the heart of the action. Hosted by the award-winning “Bard of CRE,” Hiten Samtani, founder of ten31 media and author of The Promote newsletter, along with no-BS institutional insider Will Krasne. Also check out our 3x/week newsletter for industry insiders at https://www.thepromote.com/

  1. 2D AGO

    SNFing out Megadeals and Syndicator Patient Zero

    This week, we discuss a redemption tour by GVA’s Alan Stalcup, Patient Zero of the Sunbelt multifamily boom/bust. He’s battling PGs, LPs and maybe even the SEC, but Stalcup is unapologetic. He sat down with Hiten for a pretty unplugged conversation, and we chat through our key takeaways. We then dive into the 24-6 world of dealmaking in Skilled Nursing Facilities, a totally undercovered corner of CRE with big numbers and some batshit maneuvering. The Genesis bankruptcy case is all anyone in that world can talk about right now. We also do a "Pardon the Interruption" style rundown of the biggest industry happenings: Soho House Take II, Marty Burger's redo, Summit's Pinnacle deal going through, and a nightmare condo buyout scenario in Miami. Sponsors: 1) This episode is supported by Bravo Capital, a leading HUD and bridge lender. See how their precision underwriting means quicker approvals and higher proceeds for sponsors by visiting bravocapital.com2) This episode is supported by LoanBoss, the industry-leading debt management software. Featuring one-click covenant testing, instant cash flow forecasting, and our favorite nerdy delight: Live forward curves! Check them out at loanboss.com To advertise: Reach out to partnerships@thepromote.com For feedback: Write us at podcast@thepromote.com And please rate us and write a review on Apple. Up your CRE game:  Consider becoming a premium subscriber to The Promote to unlock access to expert CRE content. Take 10% off annual subscriptions by using this link: https://www.thepromote.com/upgrade?offer_id=b700858f-21e0-47a2-9695-a93055d3ed15 Further reading/listening: The Alan Stalcup Interview: Speaking With Patient Zero of the Sunbelt Syndicator Bust The Nursing Home Power Roster Landau Fails SNF Test Genie Rubbed the Right Way Dial Tress for Distress

    35 min

  2. JAN 14

    Pinnacle's Bankruptcy Summit & Life Sci's Midlife Crisis

    This week, we’re talking a glitch in the Morse code: MCR has failed to come up with the cash to consummate the take-private of Soho House, setting off a mad scramble. There’s more bad chemistry in the life-sciences space, with the venerable Beacon Capital Partners battling its operating partner and lenders in the space losing patience. And finally, we dive into the most closely-watched CRE bankruptcy auction in the country: The Pinnacle rent-stabilized portfolio in New York. Sponsors: 1) This episode is supported by LoanBoss, the industry-leading debt management software. Featuring one-click covenant testing, instant cash flow forecasting, and our favorite nerdy delight: Live forward curves! Check them out at loanboss.com2) This episode is supported by Bravo Capital, a leading HUD and bridge lender. See how their precision underwriting means quicker approvals and higher proceeds for sponsors by visiting bravocapital.com To advertise: Reach out to partnerships@thepromote.com For feedback: Write us at podcast@thepromote.com And please rate us and write a review on Apple. Up your CRE game:  Consider becoming a premium subscriber to The Promote to unlock access to expert CRE content. Take 10% off annual subscriptions by using this link: https://www.thepromote.com/upgrade?offer_id=b700858f-21e0-47a2-9695-a93055d3ed15 Further reading/listening: Taconic's Lab LeakSoho House’s $2.7 Billion Deal to Go Private Hits a Last-Minute Funding SnagDeathbed for life science incubator? Portal Innovations sues partner Beacon CapitalZohar Levy, the Man who Would be KingBidder For Pinnacle's 5,000-Unit Portfolio Has Ties To CEO Joel Wiener's Brother

    31 min

  3. JAN 7

    Windy City Tailwinds & Stadium Arcadium

    This week, we talk Chicago – America’s Second City is now becoming top of mind for national multifamily players. We break down 2 significant deals: LaTerra’s monster AIMCO portfolio buy and S2’s debut. We then slip into our jerseys and look at the arcane world of stadium development – and all the freebies and surrounding action that comes with it. Finally, we schlep the streets of Brooklyn, where Carlyle & Greenbrook have pulled off a massive Freddie refi of their walk-up empire. Sponsor: This episode is supported by LoanBoss, the industry-leading debt management software. Featuring one-click covenant testing, instant cash flow forecasting, and our favorite nerdy delight: Live forward curves! Check them out at loanboss.com To advertise: Reach out to partnerships@thepromote.com For feedback: Write us at podcast@thepromote.com And please rate us and write a review on Apple. Up your CRE game:  Consider becoming a premium subscriber to The Promote to unlock access to expert CRE content. Take 10% off annual subscriptions by using this link: https://www.thepromote.com/upgrade?offer_id=b700858f-21e0-47a2-9695-a93055d3ed15 Further reading/listening: Deconstructing Data Center Megadeals with DigitalBridge's Marc Ganzi (DB is being acquired by SoftBank) Carlyle Takes the Stairs Aimco to sell Chicago-area multifamily portfolio for $455 million as REIT liquidates Chiefs Get Largest Public Funding Package Ever For New Stadium In Kansas Freddie Walks Carlyle/Greenbrook Home Chicago leads the nation in apartment rent growth amid tight supply

    28 min

  4. 12/31/2025

    The Mayweather Whisperer: Jona Rechnitz (Rerun)

    We're technically off this week. BUT, Business Insider dropped a banger of a read on Floyd Mayweather's tangled financial web, and somewhere at the center of that web is a character of great interest to The Promote Cinematic Universe: Jona Rechnitz was a New York real estate developer who was caught up in a massive NYPD corruption scandal before heading to LA and reinventing himself as a diamond dealer and Mayweather whisperer.  Rechnitz is the archetype of a netherworld character who somehow keeps popping up in real estate: the hustler with the incredible Rolodex and fuzzy origin story, someone who manages to whip up controversy wherever he goes but keeps escaping any real consequences. In May, we dove deep into his fascinating story, and we're re-upping that episode here. In the episode,  we also take a look at "structural corruption" in the development of supertalls, focused on a dispute at 432 Park Avenue. NOTE: This is a re-run of an episode that originally aired on 5/14/2025 Episode sponsor:  AirGarage – find out more about their full-service parking management solution at Airgarage.com To advertise: Reach out to partnerships@thepromote.com For feedback: Write us at podcast@thepromote.com And please rate us and write a review on Apple. Up your CRE game:  Consider becoming a premium subscriber to The Promote to unlock access to expert CRE content. Take 10% off annual subscriptions by using this link: https://www.thepromote.com/upgrade?offer_id=b700858f-21e0-47a2-9695-a93055d3ed15 Further reading: Inside Floyd 'Money' Mayweather's lavish, debt-filled post-boxing life Jona Rechnitz Atavist profile and The Promote's CRE-focused summary Harry Macklowe profile: 432 Park lawsuit: Downside to life in a supertall:

    34 min

  5. 12/24/2025

    Bluerock's Liquid Death, Soundstage Flops and OZK Walks the Plank

    This week, we talk illiquid death – the Bluerock listing debacle says so much about the mark-to-magic happening in the nontraded REIT market. We then head to Hollywood where showbiz is turning into badbiz for Hackman Capital, HPP and others who went all-in on soundstages. And finally, we head to Charm City to check in on Kevin Plank & Goldman Sachs' Baltimore Peninsula megaproject – MAG is out, Hines is in, and Bank OZK is pissed.  To advertise: Reach out to partnerships@thepromote.com For feedback: Write us at podcast@thepromote.com And please rate us and write a review on Apple. Up your CRE game:  Consider becoming a premium subscriber to The Promote to unlock access to expert CRE content. Take 10% off annual subscriptions by using this link: https://www.thepromote.com/upgrade?offer_id=b700858f-21e0-47a2-9695-a93055d3ed15 Further reading/listening: Bluerock Total Income Plus - Accredited Insight When Your Private Fund Turns $1 Into 60 Cents This Hollywood Property Mogul Stands to Lose No Matter Who Wins Warner Hines in, MAG at Baltimore peninsula Steve Ross takes his talents to West Palm Beach

    30 min

  6. 12/17/2025

    Exotic Alts (w/ SomeraRoad's Ian Ross) & Taconic's Lab Leak

    This week, we’re talking exotic alts – the far-flung corners of CRE that are starting to catch serious institutional interest. Think car washes, aviation hangars and the like. We're joined by Ian Ross, managing partner of SomeraRoad, to talk through the fascinating niche of aviation infrastructure and how it's been supercharged by the Big Beautiful Bill. Then, we walk through Taconic Partners' failed grand experiment with life science real estate in NYC – $2B deployed, not much to show for it.  To advertise: Reach out to partnerships@thepromote.com For feedback: Write us at podcast@thepromote.com And please rate us and write a review on Apple. Follow our guest on LinkedIn: Ian Ross Up your CRE game:  Consider becoming a premium subscriber to The Promote to unlock access to expert CRE content. Take 10% off annual subscriptions by using this link: https://www.thepromote.com/upgrade?offer_id=b700858f-21e0-47a2-9695-a93055d3ed15 Further reading/listening: Taconic Invested $2B To Be NYC's Leading Life Sciences Developer. Then The Market Froze Bonus Depreciation Boom Times in Private Aviation Net Leash Car Wash Sales Surge AUM Gobbling, Explained

    33 min

  7. 12/10/2025

    Starchitects, Swedish Whales & an SF Hotel Heist

    This week, we look back at the skyline-shaping impact of 2 starchitects who’ve just left us – Robert A.M. Stern and Frank Gehry – and then jump into a broader discussion about the pros & cons of name-brand architects. We dive into the industrial deal of the year, EQT’s 9M sf sale to Aum gobbler Artemis. And we have an exclusive tick-tock of a hotel megadeal in San Francisco, Newbond & Conversant's heist of 3,000 rooms in one fell swoop – it's a great window of what it takes to get a distressed CMBS trade across the finish line. To advertise: Reach out to partnerships@thepromote.com For feedback: Write us at podcast@thepromote.com And please rate us and write a review on Apple. Up your CRE game:  Consider becoming a premium subscriber to The Promote to unlock access to expert CRE content. Take 10% off annual subscriptions by using this link: https://www.thepromote.com/upgrade?offer_id=b700858f-21e0-47a2-9695-a93055d3ed15 Further reading/listening: Hiten on Bloomberg's Odd Lots discussing the ultra-luxury market Inside the Hotel Heist of the Year Sixth Street's AUM Gobbling Postscript: Robert A.M. Stern, the Limestone Jesus Postscript: Frank Gehry

    34 min

  8. 12/05/2025 · BONUS

    Mailbag: CRE Casting Couch, Return-Immune Investing & Best Dumb-Guy Sectors

    In our special mailbag episode, co-host Will Krasne tackles your most unhinged CRE questions: who'd be the dream cast of a CRE version of Million Dollar Listing, the best projects through which to launder funds, and which industry niches are IQ-optional. To advertise: Reach out to partnerships@thepromote.com For feedback: Write us at podcast@thepromote.com And please rate us and write a review on Apple. Up your CRE game:  Consider becoming a premium subscriber to The Promote to unlock access to expert CRE content. Take 10% off annual subscriptions by using this link: https://www.thepromote.com/upgrade?offer_id=b700858f-21e0-47a2-9695-a93055d3ed15

    20 min
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4.9
out of 5
70 Ratings

About

Your Commercial Real Estate Insider guide. From profiles of the biggest dealmakers to skyline-shaping transactions, we bring you the deals, breakdowns and war stories that move the market — for insiders, by insiders. From bad-boy guarantees to CMBS tranche warfare to syndicator sins, we cover it all. Each week, The Promote Podcast explores three of the most interesting and consequential stories in CRE, taking you well beyond the headlines and into the heart of the action. Hosted by the award-winning “Bard of CRE,” Hiten Samtani, founder of ten31 media and author of The Promote newsletter, along with no-BS institutional insider Will Krasne. Also check out our 3x/week newsletter for industry insiders at https://www.thepromote.com/

Information

  • Creator
    ten31 Media
  • Years Active
    2025 - 2026
  • Episodes
    46
  • Rating
    Explicit
  • Copyright
    © 2025 Ten31 Media, LLC
  • Show Website
    The Promote Podcast

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