Marc Hershberg, Managing Partner and CEO at Topaz Capital, joins us to unpack the real story behind Florida’s multifamily market. While headlines tend to spotlight Florida’s coastal glamour, Marc takes us beyond the beach by highlighting why inland markets, workforce housing, and Class B assets are where the smart money is headed. We discuss the strategic importance of inland geography, the philosophy of "market-first, deal-second", the risks of climate-driven insurance volatility, and how foreign capital is approaching the Sunshine State.

Tune in for a grounded, forward-looking conversation you won't want to miss.

Key Moments:

00:58 Mark Hershberg's early real estate journey

02:33 Launching Topaz Capital: Opportunities and challenges

05:32 Topaz Capital's current operations and strategy

08:43 Investment focus: Workforce housing in Florida

11:10 Recent deals and investment strategies

13:00 The 1031 Exchange platform

15:08 Florida's multifamily market: Risks and opportunities

25:29 Foreign investment and local knowledge

28:01 Using data analytics for investment decisions

29:09 Outlook for multifamily investments

Resources Mentioned:

Marc Hershberg - https://www.linkedin.com/in/marchershberg/

Topaz Capital Group - https://topazcg.com/

Email us - altusresearch@altusgroup.com

Thanks for listening to the “CRE Exchange” podcast, powered by Altus Group. If you enjoyed this episode, please leave a review to help get the word out about the show. And be sure to subscribe so you never miss another insightful conversation.

#CRE #CommercialRealEstate #Property

The Northeast and Mid-Atlantic aren’t the easiest regions for multifamily investment, but they might be the most instructive.

We sit down with Matt Frazier, Founder and CEO at Jones Street Investment Partners, to explore how the region’s regulatory complexity, persistent housing undersupply, and stable demand create an environment that rewards long-term thinking and local expertise.

Matt shares how his team leverages vertical integration to manage risk, capitalize on operational efficiencies, and respond quickly to changing market conditions. He also offers his thoughts on rising insurance costs, evolving capital structures, and secondary urban markets.

Tune in for valuable lessons on resilience, discipline, and execution in multifamily real estate.

Key Moments:

01:10 Matt Frazier's background and career

03:21 Founding Jones Street Investment Partners

06:05 Investment philosophy and market focus

12:51 Capital stack and funding strategies

15:49 Resident profiles and thematic investments

19:18 Current market drivers and opportunities

23:03 Challenges in multifamily housing development

28:18 Insurance volatility and strategic adjustments

32:52 Impact of policy and geopolitical changes

39:39 Technology in real estate development and management

Resources Mentioned:

Matt Frazier - https://www.linkedin.com/in/matt-frazier-a1b5963/

Jones Street Investment Partners - https://www.jonesstreet.com/

How Northeast and Mid-Atlantic real estate developers can help drives multifamily housing growth | Forbes - https://www.forbes.com/councils/forbesbusinesscouncil/2025/04/21/how-nema-real-estate-developers-can-help-drive-multifamily-housing-growth/

Email us - altusresearch@altusgroup.com

Thanks for listening to the “CRE Exchange” podcast, powered by Altus Group. If you enjoyed this episode, please leave a review to help get the word out about the show. And be sure to subscribe so you never miss another insightful conversation.

#CRE #CommercialRealEstate #Property

Retail real estate is back, and it looks nothing like the past. We sit down with Brandon Isner, Head of Retail Research at Newmark, to celebrate retail’s emergence as one of the most compelling asset classes in 2025. From Gen Z’s interest in in-person shopping to the role of AI in optimizing operations and experiences, we break down the factors fueling a potential golden age for retail.

Also in this episode:

• The long-term impact of historically low new construction
• How malls are evolving into multi-purpose lifestyle hubs
• The rise of tech-enabled, omni-channel retail strategies
• What market participants should be watching for in retail performance and tenant mix

Tune in to our latest episode to keep pace with one of the fastest-evolving CRE segments.



Key Moments:

01:23 Brandon's career journey

04:11 Role at Newmark and current projects

06:40 North American Research Group and ICSC

09:27 Retail sector's uniqueness and challenges

14:38 Impact of e-commerce and brick-and-mortar synergy

17:54 Warehouse clubs and superstores

22:25 The future of department stores

25:56 The resilience of malls

26:33 Generational shifts in shopping habits

28:25 The role of management and finance in mall success

31:43 Investment trends in retail real estate

36:46 The golden era of retail

38:04 The impact of generative AI on retail

42:12 Final thoughts and industry wishes

Resources Mentioned:

Brandon Isner - https://www.nmrk.com/people/brandon-isner & https://www.linkedin.com/in/brandonisner/

Shoptalk conference - https://shoptalk.com/us/agenda

What the biggest names in tech, media, and retail are saying about the future of commerce - https://www.altusgroup.com/insights/what-the-biggest-names-in-tech-media-retail-are-saying-about-future-of-commerce/

Newmarks - https://www.nmrk.com/

Email us - altusresearch@altusgroup.com

Thanks for listening to the “CRE Exchange” podcast, powered by Altus Group. If you enjoyed this episode, please leave a review to help get the word out about the show. And be sure to subscribe so you never miss another insightful conversation.

#CRE #CommercialRealEstate #Property