Jason Hartman interviews Andrew Wright, CEO and Managing Partner at the commercial real estate firm Franklin Street. Andrew has guided Franklin Street to several awards, including Best Places to Work by the Tampa Bay Times and the Tampa Bay Business Journal.
With a personal involvement in more than $1 billion in real estate and finance transactions, Andrew is also well versed in distressed real estate, having resolved more than $800 million in debt since 2009.
Jason and Andrew discuss the current status of the US real estate market, particularly the multi-family and mixed use sectors.
[1:35] How Trump could impact real estate markets
[4:59] The impact the internet has had on retail centers
[8:31] The changing demand for the warehouse and delivery industries because of the internet
[12:54] Andrew’s take on where we currently are on the supply/demand curve
[17:03] Andrew goes market by market and gives the current cap rates he’s seeing
[19:08] What types of investments Andrew is excited about today