Deconstruct
In Deconstruct, The Real Deal breaks down the most important ideas in real estate. We follow the money from Los Angeles to New York City to explain what investors, brokers and developers are focused on right now. This is essential listening for understanding the great, big world of real estate.
- Update frequency
- every 7 days
- Average duration
- 20 minutes
- Episodes
- 136
- Years Active
- 2021 - 2024
Fannie Mae’s Chief Economist on How Bank Collapses Spurred a Fed Pause
After approving another rate hike, The Federal Reserve left the door open for an interest rate pause when it meets next in June. Fannie Mae’s Chief Economist Douglas Duncan details how a trio of bank…
Inside First Republic’s Woes
In the wake of the collapse of Silicon Valley Bank and Signature Bank, First Republic, a prominent mortgage lender in San Francisco, lost billions in deposits. But what does that mean for lending and…
Can Airbnb Bridge the Landlord-Tenant Divide?
Last November, Airbnb launched its tenant-friendly apartment venture, a product that allows renters to list units with their landlords’ consent. The firm pegs the service as a win-win that offers on-…
Who Flakes On The Flatiron Building?
When Jacob Garlick, a relative unknown in the small world of New York real estate, secured the winning bid on the Flatiron building, he told NY1 the moment had been a “lifelong dream since he was 14 …
The Robots Are Coming: Should Real Estate Worry?
The launch of ChatGPT last year presented an existential problem for residential brokerage: Would the new tech transform into a beloved virtual assistant or the type of threat that could undermine th…
Keeping The Heat: Inside Miami’s Luxury Market
We all know the story: wealthy buyers flocked to pour money into homes in South Florida. But is the demand still there, given rising interest rates? The Real Deal's Deconstruct chats with TRD's resid…
From The '90s to Now: Making Sense of CRE's Downturn
As distress descends on commercial real estate, Deconstruct analyzes how past financial crises can inform how borrowers, banks and policy makers handle this down cycle. Guests include: Bob Knakal, JL…
An ‘Existential Weekend’: How Two Bank Collapses Roiled Real Estate
Let's talk about last week. The Real Deal’s Deconstruct explains the catalysts behind the collapse of Silicon Valley Bank and Signature Bank last week and the lasting impact on regional banks, real e…
Inside Downtown LA’s Pain Points
Brookfield has defaulted on $784 million worth of loans connected to office towers in Los Angeles. Starwood foreclosed on the completely vacant Broadway Trade Center. A deal to sell a 40-story tower …
As Equity REITs Flounder, Fundrise CEO is Bullish on Credit
For the past year, public real estate investment trusts that own or manage office buildings, hotels and multifamily have traded at steep discounts as investors feared rising rates would take a whack …
The Myths of Multifamily’s Sun Belt Bust
What goes up must come down, right? That’s one of the myths that has followed the Sun Belt’s multifamily market for decades, says Real Page Chief Economist Jay Parsons. It’s the idea of a boom and bu…
'Shvo-ing' It Up: Why Michael Shvo Is Bullish on Office
Michael Shvo doesn't care about how other people's office buildings are doing, just his own. He also thinks it's time for some of New York's office buildings to be demolished and rebuilt. TRD's Decon…
Rent Control Enters the Chat
From LA to D.C., tenant protections have emerged as the policy du jour after two years of rising rents cemented affordaiblity as a headline issue. Los Angeles has rolled out a patchwork of renter-fri…
How The Fed’s Latest Hike Could Kickstart the Mortgage Market
Last week, the Federal Reserve hiked interest rates for the eighth time in less than a year, sending benchmark rates to their highest level since 2007. For a mortgage market that has seized in the wa…
Twitter’s Debacles Aren't Helping San Francisco's Office Market
Twitter has stopped paying its rent, auctioned off furniture and let go half of its employees. None of that is helping Shorenstein and JPMorgan refinance a $400 million loan on the company’s San Fran…
The Hotel Market's Uphill Battle
Times Square hotels are headed to bankruptcy. Investors are clawing at distressed properties in Chicago. High interest rates are making it harder for investors to transact. And in California, more su…
SL Green Bets On a Future Times Square Casino
Times Square is already full of tourists, billboard glitz and Broadway shows. SL Green, New York's largest landlord, is now bidding to build a casino in the entertainment hub. The firm has placed a b…
Hochul's Priorities for New York Real Estate
On Tuesday, Jan. 10, Gov. Kathy Hochul delivers her State of the State address for 2023. Deconstruct has the scoop on where the governor's priorities lie when it comes to New York real estate. Hint: …
A Peek at CRE in 2023
It's the end of the year as we know it, and investors feel — uncertain. Rate hikes have slowed deals in the second half of 2022 and Fed Chair Jay Powell said there's more pain to come. But how long …
Alternative Investment Goes Mainstream: Harrison Street's Recs for a Down Market
High rates and uncertain times have seen traditional CRE transactions falter in recent months. But for deal-hungry investors, Harrison Street CEO Christopher Merrill says there's an alternative — alt…