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Showing posts with the label Commercial Real Estate

Interview with Paul Daneshrad on Asymmetrical Returns — ValueWalk

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  Paul Daneshrad's Starpoint Properties As a potential  investor , you face a delicate balancing act every time you consider a real estate project. It’s called the principle of asymmetrical returns: controlling risks on the one hand while ensuring high returns on the other. At billion-dollar-plus companies like Paul Daneshrad’s StarPoint Properties in Los Angeles, it’s the way successful businesses operate day in and day out. “Assets are priced for eternal delight a n d negative real interest rates lasting forever,” Crispin Odey declared at the start of his December 2020 letter to investors of the OEI Mac fund. The $170 million fund lost -3% in December, according to a copy of an investor tear sheet, which ValueWalk has been able to review.  Read More What should you know about asymmetrical returns and how can you use it to your advantage? We put that and other questions to  Paul Daneshrad , a nationally-recognized leader in commercial  real estate , to uncover ...

Paul Daneshrad on Why Details Matter: The Success/Failure Differential - EconoTimes

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  Paul Daneshrad As an investor, you already know that some investment opportunities succeed while many fail. Are there common causes that turn a deal sour? Are there “deal killers” that prospective investors tend to overlook? Taking it one step further, what should investors look for in the investment firm that offers these deals? We put these and related questions to Paul Daneshrad , CEO of StarPoint Properties, the billion-dollar investment firm located in California but serving a nationwide market. Daneshrad is a recognized expert and pre-eminent thought leader in commercial real estate investment. Paul, in your experience, what’s the number one reason so many real estate investments do not measure up to their perceived potential?   Daneshrad: That’s easy: poor underwriting and risk assessment. I’ve seen so many deals in the past 25 years that looked really promising at first glance. But then we examined them closer, much closer, and found major reasons to pass on the oppo...

Here Are Real Estate's Winners and Losers In the New Normal

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  The recession and new health protocols are impacting tenants, landlords and developers. The  pandemic  is affecting certain areas of  real estate  differently. Residential housing has stayed resilient throughout 2020.  Commercial real estate  (CRE), however, is severely impacted as lockdowns forced offices and shops to close. But there’s a silver lining to Americans changing their  shopping behavior :  Online sales  and work-from-home (WFH) are creating lucrative opportunities for cold-storage warehouses, distribution centers and remote working spaces. We explore how the historic downturn and new health protocols are impacting tenants, landlords and developers. Residential stays robust Many renters are struggling but residential property owners are seeing a rise in asset values. Between  30 and 40 million Americans  are potentially facing an eviction, according to data from U.S. Census Bureau. Thus, up to 23 million workers i...