Gå offline med appen Player FM !
26. Navigating the Capital Stack with Andrew Stewart, CEO of Cronheim Mortgage
Manage episode 354094174 series 3373053
Andrew Stewart, CEO of Cronheim Mortgage, takes a deep dive into the most surprising trends in commercial real estate debt financing.
In this latest installment of The Dealmakers Edge, Stewart sits down with host Aaron Strauss to provide an insider’s view of the hottest asset classes to watch for in 2023; managing the unrelenting pressure of making deals; and his keys to success in business and in life.
Courtesy of Cronheim Mortgage:
Andrew Stewart began his real estate career at age 19 renting apartments to help pay for college in Boston, Massachusetts. As someone who has learned the business from humble beginnings, he has gained a wealth of experience at all levels of a real estate organization. He has used this knowledge to consistently rank among America’s most productive mortgage bankers and has evolved into an owner/sponsor partnering with real estate developers in numerous projects nationwide. His investment track record has generated excellent returns due to his creative problem solving, focus on market dislocations, and the ability to evaluate a project from various viewpoints as a mortgage banker/broker, property owner, and a CMBS B piece investor.
In June 2020, ICSC tapped Andrew to assist in the ongoing Congressional negotiations to provide additional capital for COVID impacted impaired real estate owners. His most recent article, ‘A Match Not Made in Heaven, Securitization and the Commercial Mortgage Industry’ was the September 2020 feature in Institutional Real Estate Investor and was submitted by ICSC to the Federal Reserve and Treasury Secretary Mnuchin to illustrate the problems inherent in CMBS loan modifications.
A September 2006 article “Managing Expectations” correctly forecast the subprime and mortgage bond issues that impacted the market a year later.
Prior to working at Cronheim, he worked from 1987-94 at Donald Zucker Company, one of NYC’s top multifamily developers, and at Donaldson, Lufkin, & Jenrette, later acquired by Credit Suisse, from 1984 to 1986.
He is a member of the ICSC, MBA/YMBA, IOREBA, NMHC, REBNY and NAIOP.
Enjoy the show? Have a guest in mind? Email us at podcast@aystrauss.com to let us know your feedback and who you want to hear on the next episode.
Connect with Aaron and the A.Y. Strauss team:
- Our website (www.AYStrauss.com)
- Aaron's website bio page (Aaron's bio page)
- Aaron's LinkedIn account (LinkedIn)
- Our Twitter account (@AYStrauss)
53 episoder
Manage episode 354094174 series 3373053
Andrew Stewart, CEO of Cronheim Mortgage, takes a deep dive into the most surprising trends in commercial real estate debt financing.
In this latest installment of The Dealmakers Edge, Stewart sits down with host Aaron Strauss to provide an insider’s view of the hottest asset classes to watch for in 2023; managing the unrelenting pressure of making deals; and his keys to success in business and in life.
Courtesy of Cronheim Mortgage:
Andrew Stewart began his real estate career at age 19 renting apartments to help pay for college in Boston, Massachusetts. As someone who has learned the business from humble beginnings, he has gained a wealth of experience at all levels of a real estate organization. He has used this knowledge to consistently rank among America’s most productive mortgage bankers and has evolved into an owner/sponsor partnering with real estate developers in numerous projects nationwide. His investment track record has generated excellent returns due to his creative problem solving, focus on market dislocations, and the ability to evaluate a project from various viewpoints as a mortgage banker/broker, property owner, and a CMBS B piece investor.
In June 2020, ICSC tapped Andrew to assist in the ongoing Congressional negotiations to provide additional capital for COVID impacted impaired real estate owners. His most recent article, ‘A Match Not Made in Heaven, Securitization and the Commercial Mortgage Industry’ was the September 2020 feature in Institutional Real Estate Investor and was submitted by ICSC to the Federal Reserve and Treasury Secretary Mnuchin to illustrate the problems inherent in CMBS loan modifications.
A September 2006 article “Managing Expectations” correctly forecast the subprime and mortgage bond issues that impacted the market a year later.
Prior to working at Cronheim, he worked from 1987-94 at Donald Zucker Company, one of NYC’s top multifamily developers, and at Donaldson, Lufkin, & Jenrette, later acquired by Credit Suisse, from 1984 to 1986.
He is a member of the ICSC, MBA/YMBA, IOREBA, NMHC, REBNY and NAIOP.
Enjoy the show? Have a guest in mind? Email us at podcast@aystrauss.com to let us know your feedback and who you want to hear on the next episode.
Connect with Aaron and the A.Y. Strauss team:
- Our website (www.AYStrauss.com)
- Aaron's website bio page (Aaron's bio page)
- Aaron's LinkedIn account (LinkedIn)
- Our Twitter account (@AYStrauss)
53 episoder
Alle episoder
×1 53. Empathy and Leadership in Real Estate with Stephen Bittel, Founder and Chairman at Terranova Corporation 29:13
1 52. Filling the White Space with Russ Krivor, CEO and Founder of Sovereign Properties 23:31
1 51. The Growth Mindset with Robert Logan, Principal at B&D Holdings 20:58
1 50. The Future of CRE Technology with Yannis Papadakis, Business Development Manager and Podcast Host at CREXi 28:31
1 49. Revolutionizing Rentals with Jordan Kavana, Founder and Chairman of ARK Homes for Rent 30:31
1 48. The Veteran Investor with Boots Dunlap, Co-founder and CEO, RRA Capital 26:36
1 47. Seeking Alpha with Adam Heine, CEO & President, Consolidated Development Corporation and Camden Securities Company 22:51
1 46. Creativity and Capital Markets with David Lubin, Founder and Managing Partner, Clairmont Group 27:24
1 45. Disciplined Development with Michael Sommer, Chief Development Officer, Kushner Companies 31:12
1 44. Perfecting the Development Process with Carl Wright, Founder & President, Wright Partners 20:15
1 43. Cutting Through Chaotic Markets with Seth Weissman, Founder and Managing Partner, Urban Standard Capital 34:04
1 42. Relationship-Driven Real Estate with Michael Seeve, President of Mountain Development Corporation 26:01
1 41. The Contrarian Investment Strategy with Ezra Stark, CEO of Stark Enterprises 34:56
1 40. Bracing for Impact with Gary Lipsky, President & CEO, Break of Day Capital 25:03
1 39. Serial Entrepreneurship with Kenneth Pasternak, Executive Chairman and CEO at The KABR Group 28:02
Velkommen til Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.