Episode 3
Related's Signature Bank Heist & Newmark Vs. Eastdil
March 26, 202527m 38s
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Show Notes
This week, we discuss the rivalry between two mighty CRE brokerages, Eastdil Secured and Newmark, polar opposites in terms of culture and compensation model. We break down the bombshell lawsuit filed by Wells Fargo against JPMorgan, accusing the bank of financial chicanery in a mega-loan for the Chetrit Group. And we dive into Related's "heist" of Signature Bank's rent-stabilized loan portfolio, discussing how politics and connections can sometimes beat out a higher bidder.
Topics
Commercial Real EstateDevelopmentMultifamilyCRE InvestingReal EstateFinanceNew York Real EstateSkyscrapersBlackstoneReal Estate Market AnalysisCRE Capital MarketsCRE FinanceReal Estate TitansThe Promote