Real Perspectives Podcast — presented by The Registry Host Vladimir Bosanac sits down with Evan McLeod, Principal of Palmero Partners, a Seattle-based brokerage, consulting, and investment firm focused on RV parks, manufactured housing, and multifamily across the West Coast. Broadcasting from the Pacific Northwest, Evan brings a rare, ground-level view into one of real estate's most overlooked — and increasingly institutional — asset classes. The conversation opens on manufactured housing and RV parks as one of the last true forms of affordable housing, where residents can rent from as little as $500 a month and even own their homes. Evan explains why investor capital is flooding in (he estimates the space is 10–20 years behind the apartment boom), why roughly 70% of RV parks and ~80% of manufactured housing are still mom-and-pop owned, and how location, transit access, and full utility hookups drive value. He also pushes back on the media narrative around rising rents, walking through the utility, tax, and insurance costs — insurance up 200% in a year — that owners can't simply absorb. From there, the discussion turns to the topics shaping commercial real estate in 2026: Return to office — Governor Newsom's four-day mandate for California state workers takes effect July 1, potentially bringing ~110,000 people back to downtown Sacramento. Vlad and Evan weigh the boost to local businesses against loose enforcement, employee pushback, and the case for flexibility.Airbnb & short-term rentals — Tightening restrictions in coastal markets like Carmel-by-the-Sea, the "blunt tool" problem, the impact on mom-and-pop owners, and parallels to backlash across Spain, Germany, and France.Pension funds returning to CRE — Capital is flowing back, but reallocating toward industrial, data centers, and multifamily over office — often the same players chasing distressed deals.The episode closes with the show's signature Telescope / Microscope segment: Evan on the rising cost of electricity and the push toward solar and utility recapture, and Vlad on whether we've reached "peak pickleball." Guest: Evan McLeod, Principal, Palmero Partners (Seattle, WA) Host: Vladimir Bosanac, Co-founder & Publisher, The Registry New episodes every week. Subscribe and stay tuned. Timestamped chapters 00:00 — Intro & Pacific Northwest catch-up02:30 — Manufactured housing & RV parks: the last affordable housing05:00 — Institutional capital moves in; behind the apartment boom09:20 — Valuation, pricing & the mom-and-pop landscape13:20 — The affordability narrative vs. rising operating costs19:00 — Return to office: Newsom's mandate & downtown recovery25:40 — Airbnb & the short-term rental crackdown33:20 — Pension funds returning to commercial real estate35:50 — Telescope/Microscope: solar, energy costs & peak pickleball43:40 — Wrap-up
