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#295: Real Estate Post COVID and the Future of Hospitality and Office Sectors – with Jillene Helman
Manage episode 276202326 series 30962
This week’s episode of the Real Estate Investing for Cashflow podcast features Jillene Helman. Jilliene is CEO and Co-Founder of RealtyMogul. She's responsible for the company’s strategic direction and operations. Jilliene has underwritten over $5 billion of real estate and was previously a Vice President at Union Bank, where she spent time in Wealth Management, Finance, and Risk Management. Jilliene is a Certified Wealth Strategist, holds Series 7, Series 63, and Series 24 licenses, and has a degree in Business from Georgetown University
Quotes:
“Retail was in a world of hurt pre-COVID. Right? We over built retail in this country. That’s just a fact. Now, this recession is different though, than a lot of the historical recessions in that, this is very micro-market. Even property level specific.”
“We invested in a shopping center transaction in Florida, and we were projecting double digit cash on cash returns in the first yea. This is a closed investment, not an open investment. But I think there is opportunity in retail because of the fear, but you have to be a very good operator and you have to have very very localized knowledge. We’re not afraid of retail with the right operator and the right knowledge.”
Highlights:
:55- Jillene's background
6:08- Jillian gives her opinion on the overall outlook for commercial real estate post COVID
14:30- Jillian tells us what the long-term projection looks like in the office segment
20:38- Jillian gives her opinion on the long-term impact of manufacturing and multi-family housing space
Guest Website:
www.realtymogul.com
Learn About Investment and Partnership Opportunities with Kevin and His Team
946 episodes
Manage episode 276202326 series 30962
This week’s episode of the Real Estate Investing for Cashflow podcast features Jillene Helman. Jilliene is CEO and Co-Founder of RealtyMogul. She's responsible for the company’s strategic direction and operations. Jilliene has underwritten over $5 billion of real estate and was previously a Vice President at Union Bank, where she spent time in Wealth Management, Finance, and Risk Management. Jilliene is a Certified Wealth Strategist, holds Series 7, Series 63, and Series 24 licenses, and has a degree in Business from Georgetown University
Quotes:
“Retail was in a world of hurt pre-COVID. Right? We over built retail in this country. That’s just a fact. Now, this recession is different though, than a lot of the historical recessions in that, this is very micro-market. Even property level specific.”
“We invested in a shopping center transaction in Florida, and we were projecting double digit cash on cash returns in the first yea. This is a closed investment, not an open investment. But I think there is opportunity in retail because of the fear, but you have to be a very good operator and you have to have very very localized knowledge. We’re not afraid of retail with the right operator and the right knowledge.”
Highlights:
:55- Jillene's background
6:08- Jillian gives her opinion on the overall outlook for commercial real estate post COVID
14:30- Jillian tells us what the long-term projection looks like in the office segment
20:38- Jillian gives her opinion on the long-term impact of manufacturing and multi-family housing space
Guest Website:
www.realtymogul.com
Learn About Investment and Partnership Opportunities with Kevin and His Team
946 episodes
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