Ethan Penner has always found opportunities where others have not. With an investment education outside the world of commercial real estate, Penner has always given a fresh eye to real estate; he was one of the catalysts in the creation of the Commercial Mortgage-Backed Securities. Now, in the face of another crisis, Penner sees COVID-19 as another opportunity to rethink CRE finance.
Across the nation, COVID-19 has disrupted development, construction and finance, and even with attempts from the Fed and Congress, it looks like the longest expansion in U.S. history is grinding to a halt. The government agreed to a fiscal stimulus package of $2 trillion. The Fed continues to offer support in an effort to ensure the functioning of financial markets. What else is being done and can be done better?
Lessons learned during these times. What can we take away as an industry and as individuals?
A general overview of the finance and CRE markets
What opportunities are in the market today?
What Government and Fed intervention means for CRE and CMBS. Is anything else needed to stop the bleeding?
Managing Partner & CIO, Mosaic Real Estate Investors
Ethan is the Founder and Managing Partner, CIO of MREC Management, LLC. He is a recognized pioneer in the fields of real estate and finance with a 35-year career marked by filling voids and responding to unseen or poorly understood opportunities....