I'm Nicole Lapin, the only financial expert you don't need a dictionary to understand.

It's time for some money we have.

A few weeks ago, I had one of my favorite financial advisors, Josh Brown, on the show to

decode some financial jargon.

But because we are mega-economy nerds, we ended up talking about the macro economy,

again, because mega-nerds.

In that chat, we briefly, briefly talked about how commercial real estate is on life support.

But make no mistake, just because we briefly, briefly touched on it doesn't mean it's

not a big deal.

It actually is a really big deal.

So to give it the proper deep dive, I called up my friend Jeff Zell.

Jeff will introduce himself in a minute, but to put it simply, he is a commercial real

estate mokel.

The term mokel gives me the ick after it's been overused for years and years, but to

be real, Jeff is a mokel.

His company, Jam Zell Partners, has a long list of commercial real estate success stories,

the association of American medical colleges, The Washington Post headquarters, and one

of my personal favorites, Shakespeare Theatre Company, and Harmon Center for the Arts in

DC.

We chatted about how commercial real estate got into this precarious place in the first

place, what will have been next, and the surprising domino effect that it will have on regional

banks.

...