GowerCrowd's Weekly Update - July 28, 2023
Highlights from this week's news update from in and around the commercial real estate industry
With Adam Gower, host of The Real Estate Reality Show on YouTube and podcasts everywhere, and guest, David Saxe, Managing Principal at Calvera Partners
- More rate hikes. Are higher interest rates the new normal?
- CRE distress is increasing with no let up in sight.
- Why single family home values aren't tanking.
Stories we cover today:
https://commercialobserver.com/2023/07/cre-loan-distress-up-70-of-largest-metro-areas-in-june/
https://fortune.com/2023/07/24/housing-market-robert-shiller-home-price-prediction-outlook/
Listen To or Watch the Full Podcast Here
Related to this episode:
David Saxe Bio: As a Managing Principal at Calvera Partners, David Saxe focuses on fundraising, investor relations, and corporate marketing. At CIM Group, he completed over $575 million in investments in apartments, condominiums, retail, offices, and hotels. Previously, he was a Senior Market Research Analyst with Equity Office Properties Trust, where he was responsible for analyzing potential acquisitions, dispositions, and developments in major office markets. David graduated cum laude and Phi Beta Kappa with a BA in Economics from Northwestern University and received an MBA from the Haas School of Business at the University of California, Berkeley.
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