The Promote Podcast

← The Promote Podcast19 aug · 33 min

CW's Inside Man & Newmark's Weekend at Bernie's

CW's Inside Man & Newmark's Weekend at Bernie's19 aug33 min

This week, we put on our toques and head to the TSX, where Meyer Orbach and Josh Gotlib are on a fascinating multifamily caper with their REIT GO Residential. We then take a back door into a special-servicer war, with Greystone accusing rival CWCapital of stealing its trade secrets to poach its business and talent. Finally, we head to a palatial, soon-to-be-empty office at 125 Park, where we take stock of the legacy of longtime Newmark CEO Barry Gosin – and what exactly a new leader will be coming into. Plus, our Punch List rundown of key industry happenings: BREIT's exit from self-storage, 800 Fifth Ave's financing hunt, Ishbia's UWM mess, Canary Wharf

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.

2) 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!

Up your CRE game:  Consider becoming a premium subscriber to The Promote to unlock access to deep dives, bonus content and expert perspectives. Take 10% off annual subscriptions by using this link:

For feedback: Write us at podcast@thepromote.com And please rate us and write a review on Apple 🙏

For brand partnerships: Reach out to partnerships@thepromote.com

Further Reading/Listening

GO’s Multifamily AUM Gobbling ™

Loonie Tunes: Orbach, Gotlib Head to TSX

A Special Servicer Skirmish

Newmark’s Data Center Talent Shuffle