Understanding Recourse and Guarantees in Commercial Real Estate: What Every Borrower Needs to Know
When securing commercial real estate financing, few topics create more confusion—or carry greater personal risk—than the structure of recourse and guarantees. While many borrowers focus primarily on interest rates and loan amounts, the guarantee structure often determines the true risk exposure of a transaction. A misunderstood guarantee can transform what appears to be a low-risk […]
Understanding ALTA Endorsements in Commercial Real Estate: Essential Protection Beyond Standard Title Insurance
ALTA endorsements can be a confusing piece of the closing process in commercial real estate, yet they are incredibly important and often requested by lenders to ensure protection for the asset, lender, and borrower alike. While standard title insurance policies provide foundational coverage, they rarely address the specific risks and complexities inherent in commercial real […]
Jeff Pensiero “Baldface Lodge: 36,000 acres of Pure Conviction”
Welcome to episode 31 of Offshoot. My guest today is Jeff Pensiero, founder of Baldface Lodge, a legendary backcountry snowcat skiing operation in British Columbia’s Selkirk Range. These 36,000 acres of pristine terrain, which many consider the pinnacle of snowboarding lodges, offers a relatively small audience of riders some of the best backcountry riding in […]
Demien Farrell: From Fighting Change Orders to Driving Industry Change: The Mexico Solution
Welcome to episode 30 of Offshoot. My guest today is Damien Farrell, founder of West Modular, a construction company that manufactures modular apartment buildings from a 210,000 square foot facility in Tijuana, Mexico. At maximum output, West Modular can produce 1,500-2,000 apartments annually and build them in half the time of conventional construction. Damien brings […]
Jack Cohen: I’m in the real estate industry for all the crazy people.
Welcome to episode 29 of Offshoot. My guest today is Jack Cohen, a Managing Director of ArrowMark Partners, a Denver-based investment platform, and the founder of Dark Knight Ventures, Jack’s business consultancy, or “mentor capitalist” firm focused on helping smart, creative, salespeople be more successful. For Jack, it is a platform to teach and give […]
Connor Mitchell: I’ll put you where you can fail, but I won’t let you drown.
Welcome to episode 28 of Offshoot. My guest today is Connor Mitchell, a Managing Director of Cascadia Capital, the #2 independent investment bank in the nation. Connor focuses on the human capital and professional services side of industry, which covers areas like accounting, consulting, and human resources; any area where external human capital comes to […]
Bill Vanderstraaten: The merit of a high idle, curiosity, and networks.
Welcome to episode 27 of Offshoot. My guest today is Bill Vanderstraaten President and founder of Chief Partners, LP a Dallas-based family office focus on investing LP equity into commercial real estate. As part of the Trever Rees-Jones holdings, Chief Partners team of only 6 professionals typically invests $5MM to $15MM into a myriad of […]
Jimmy Silverwood: Don’t take no for an answer. All things affordable housing.
Welcome, everyone, to episode 26 of Offshoot. My guest today is Jimmy Silverwood, president of Affirmed Housing Group a San Diego-based affordable housing company that develops in San Diego, LA, and the Bay Area. Since their 1992 start, they have completed $2.8 billion in projects and created more than 5,500 apartments across 70 communities. The […]
Part 2: Josh Volen: Replace Yourself a Little Bit More Every Day
Welcome everyone to episode 25 of Offshoot. Today, my guest is Josh Volen the Principal and Co-founder of CIRE Equity, an $890MM NAVREIT. Josh graduated from Cal Berkeley then spent 6 years at Marcus and Millichap where he became one of their top brokers. In 2010 he started CIRE. From 2010 to 2019 their acquisition were […]
Part 1: Josh Volen: Replace Yourself a Little Bit More Every Day
Welcome everyone to episode 25 of Offshoot. Today, my guest is Josh Volen the Principal and Co-founder of CIRE Equity, an $890MM NAVREIT. Josh graduated from Cal Berkeley then spent 6 years at Marcus and Millichap where he became one of their top brokers. In 2010 he started CIRE. From 2010 to 2019 their acquisition were […]
