My Realty Gains
Prashant Kumar CCIM, organized an illuminating podcast with our esteemed guests- Mrs. Michelle Fischer and Mr. Steve Firstone, to talk about- “What Syndicators and Asset Managers are looking for in a Deal during COVID-19”
Steve Firstone is the CEO of Crown Bay Group and a veteran of the Real Estate Industry. He started buying, rehabbing, and managing his Residential Portfolio, move into Property Development running multiple companies, redeveloping outdated and commercial properties, and some new build housing.
Michelle Fischer is a Property Management Executive with 30 years of experience, with a focus on Property Operations, Asset Management, Sales, Marketing, Staff Training, Acquisitions, and Dispositions. She is known in the industry for her strong Leadership Skills, Troubleshooting Expertise, and the Repositioning of Struggling assets in this podcast we covered-
(00:00 – 04:54) Opening Segment- Introduction
(04:54 – 37:25) How did they survive the uncertain times with their heads held high during COVID?
(37:25 – 43:28) What to look for in a new deal amidst the pandemic
(43:28 – 49:06) Analysis of market conditions and how they affected the investors, renters, and syndicators
(49:06 – 54:55) How Asset Managers are flying out during COVID time
(54:55 – 01:00:55) How much decrease in price could you ask for in a senior housing projects Pre-COVID v/s Post-COVID
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