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The Investor's Podcast (We Study Billionaires)  - The Investor’s Podcast Network

TIP309: Real Estate & COVID-19 w/ Ian Formigle (Business Podcast)

The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network

Stig Brodersen

Education, Investing, Business

4.63.6K Ratings

🗓️ 8 August 2020

⏱️ 59 minutes

🧾️ Download transcript

Summary

We talk to Ian Formigle about the structural and infrastructure impacts for all types of real estate that COVID is having and what to expect moving forward. IN THIS EPISODE, YOU’LL LEARN: How has COVID-19 changed the commercial real estate market? Why you can have the right idea, but the wrong execution in the current market conditions. How to find value in megatrends in commercial estate in 2020 and beyond.  Why commercial real estate fits into a value investor’s portfolio in volatile markets. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Contact Ian Formigle’s directly on LinkedIn. Ian Formigle’ company, CrowdStreet. CrowdStreet’s free Educational Material. Learn from Ian Formigle directly on StreetBeats. Ian Formigle’s book, The Comprehensive Guide to Commercial Real Estate Investing – Read reviews of this book. Preston and Stig’s previous interview with Ian Formigle about Commercial Real Estate Trends. Preston and Stig’s previous interview with Ian Formigle about stock investors including real estate in their portfolio. Preston and Stig’s previous interview with Ian Formigle about Commercial Real Estate. NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts.  SPONSORS Support our free podcast by supporting our sponsors: ⁠HardBlock⁠ ⁠Human Rights Foundation⁠ ⁠Plus500⁠ ⁠Netsuite⁠ ⁠Shopify⁠ ⁠Vanta⁠ Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. 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Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to TIP on today's show we bring back a guest by popular demand Mr

0:05.9

Ian for me Glee and has over 24 years of experience in real estate private equity startups and options trading as the CIO at crowd

0:13.8

Street Ian has over 400 offerings with over 13 billion in commercial real estate on the episode

0:19.9

We talked to Ian about the structural and infrastructure impacts for all types of real estate that COVID is having and what to expect moving forward

0:27.4

So without further delay here's our interview with Ian for me Glee

0:34.6

You are listening to the investors podcast where we study the financial markets and read the books that influence self-made billionaires the most

0:42.9

We keep you informed and prepared for the unexpected

0:46.2

Welcome to today's show I'm your host Stake Brodison and as always I'm a company by my co-host Preston Pish

1:02.1

Today we have one of our most popular guests with us and that is Ian for me Glee

1:06.6

Chief Investment Officer at crowd street and he's with us for the fifth time

1:11.6

Thank you Ian for joining us here today on the Amastas podcast

1:15.8

Stake Impresson it's a pleasure to be back on the show today and I must say the environment's a little bit different than the last time that we spoke

1:22.9

But cycles are cycles and so eager to talk about what's changing right now

1:27.9

You're definitely right Ian things are very very different. I guess that's a sentence that we tend to say a lot more these days

1:35.9

We've talked about how one of the strength of having commercial real estate in your portfolio is

1:42.5

How uncorrelated is to other assets and external shocks to the market in general and I think that we used the example that was more important with

1:52.0

Stores open next door that whether we would see an escalation in the trade wall with China for instance

1:58.3

So let's kick this interview off of this question. How has commercial real estate performed so far in

2:05.2

2020 given everything that has happened

2:08.2

Stake you're absolutely correct that we've previously talked about the importance of micro economic drivers on commercial real estate values

2:15.5

I think what's interesting right now is that we are currently experiencing how a pandemic affects commercial real estate value and

2:24.0

The performance of the overall commercial real estate market in 2020 has really varied substantially by asset class and

...

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