#323 - Nancy Lashine - Founder @ Park Madison Partners - Cycles, Crises, and Capital: Navigating The New Normal in Real Estate

Nancy is the Founder and Managing Partner of Park Madison Partners. As a leading real estate capital markets firm, Park Madison is an advisor to investment managers and operators and provides capital placement services for institutional investors. The firm has placed over $25 billion of equity in PMP-sponsored vehicles and maintains relationships with over 2500 real estate investors and managers. On this episode, Chris and Nancy discuss: - Nancy’s perspective on the capital markets - Capital allocation - Development valuations - Fundraising structures - Wisdom for folks pursuing a first-time fund We'd appreciate you filling out our audience survey, so we can continuously work on providing relevant content to our listeners.  https://www.thefortpod.com/survey Links: Park Madison Partners Nancy on LinkedIn Real Estate Capital Podcast hosted by Nancy Topics: (00:00:00) - Intro (00:04:12) - Nancy’s perspective on the capital markets (00:14:40) - Pref equity in Industrial (00:16:09) - A discussion on the Office class (00:20:40) - Capital allocation (00:22:42) - What do institutional investors care about in contrast to private investors? (00:26:59) - Development valuations (00:29:30) - Fundraising structures (00:43:21) - Wisdom for folks pursuing a first-time Fund Support our Sponsors Better Pitch: https://bit.ly/42d9L0I Juniper Square: https://bit.ly/45yiYUq RE Cost Seg: https://bit.ly/3oC7JcY Chris on Social Media: Twitter: https://bit.ly/3BYIjcH LinkedIn: https://bit.ly/45gIkFd   Watch The Fort on YouTube: https://bit.ly/3oynxNX Visit our website: https://bit.ly/43SOvys Leave a review on Apple: https://bit.ly/45crFD0 Leave a review on Spotify: https://bit.ly/3Krl9jO  The FORT is produced by Johnny Podcasts