Is this the Era of a Resurgence of Flex-Industrial Real Estate?

In this Episode, Cecil Cummins interviews Jake Harris. Jake Harris is a Managing Partner at Harris Bay, a real estate investment firm focused mainly on real estate development. Recently Jake published his book entitled, Catching Knives. 

Catching Knives summarizes two decades of Jake's experience. It talks about how to maximize a distressed market by cost control systems, scaling of distressed environment, and opportunity development. 

Jake also shares how he started, his personal experience, and how he fell and bounced back. Jake also discusses how the pandemic hit him, his current struggles and how he managed to survive through help from others. 

In this episode, Cecil will be discussing the world of buying, selling, and leasing Commercial Real Estate, and his past experiences investing in real estate. From office buildings to warehouses, to residential flips- we'll dive into the various types of commercial real estate, residential real estate investing, and the unique challenges and opportunities they present.

Along with Josh Wilson, Cecil will share a part of himself and his principles in commercial real estate industry. Whether you're a seasoned pro or new to the game, we hope this podcast will provide valuable information and inspiration for your own real estate endeavors.

Cecil Cummins, a young entrepreneur, is interviewed by Daniel Ramsey, CEO, and Founder of the Virtual Assistant Company, MyOutDesk. Cecil and Daniel speak about his experience, Four years in the industry, and how Cecil was able to build his business and was able to reach his biggest year in 2021. Cecil decided to become a client in MyOutdesk to seek an assistant that would help him in running his CRM and administrative tasks. 

Cecil shares his best practices in training his virtual assistant and provides tasks to be able to maximize his assistant's potential in helping him leverage growth in his business.

In this Episode, Cecil Cummins and Erik Chick discuss commercial lending in 2020, how the first quarter finished out, and what the next 3-12 months may look like for commercial Real Estate Lending. 

Erik Chick has over 20 years in the banking industry. Erik Current serves as the Chief Lending Officer and Executive Vice President for Severn Bank. He was a Vice President and Commercial Relationship Manager with Severn Bank since 2015. He has held various positions with local community banks including commercial banker, commercial real estate, residential, consumer lending and management roles. Mr. Chick, a life-long Anne Arundel County resident, received his Bachelor of Science degree from Johns Hopkins University, where he was captain of the lacrosse team. He also received a certification in Commercial Lending Practice and Risk Principles from the Risk Management Association Commercial Lending School.

Mr. Chick was named a Top Banker by Smart CEO in 2012/2013. He is a former YMCA of Anne Arundel County board member. He has also been active with Habitat for Humanity, the South River Colony Conservancy and various other conservation, community and youth athletic associations. In addition, he coaches and volunteers with youth recreational sports in the county. Mr. Chick lives in Edgewater with his wife and three children.

Cecil Cummins and J Scott sit down to discuss the long term implications of the COVID-19 Pandemic, and the Federal Stimulus Bailout, along with its implications in the commercial real estate market. J Scott (he goes by "J") is an entrepreneur, investor, speaker, author, and co-host of the BiggerPockets Business Podcast.

An engineer and business guy by education, J spent much of his early career in Silicon Valley, where he held management positions at several Fortune 500 companies, including Microsoft and eBay. In 2008, J and his wife Carol quit their corporate jobs, moved back East, got married, started a family, and decided to focus on real estate and investing. In the past 10 years, they have bought, built, rehabbed, sold, lent-on, and held over $60MM in property all around the country. J is also a business advisor and mentor to several companies, business owners, and entrepreneurs.

J runs the popular website 123Flip.com and is the author of four books on real estate investing, including the bestselling Book on Flipping Houses. His titles have sold over 200,000 copies in the past six years and have helped investors from around the world get their start in real estate. J has been featured on the BiggerPockets Real Estate Podcast four times (episodes #10, #63, #311, and #321) and is co-host of the BiggerPockets Business Podcast.

J and his family currently live in Sarasota, Fla. He can be reached at j@jscott.com.

Justin joined Hyatt Commercial in 2017 with more than 10 years’ experience in the commercial real estate industry. As Broker of Record and Senior Vice President, he manages the day to day brokerage operations, business development and focuses on sourcing and acquiring commercial real estate investments for the growing Hyatt Commercial portfolio. Justin has completed over $300,000,000 in leasing and sale transactions in his career. He has served clients in various industries including health care, telecommunications, professional services, health and fitness, marketing, and institutional/private investors. Justin is a 6th generation Annapolitan, graduated from St. Mary’s High School, received a B.A. from University of Virginia and has deep roots in the Maryland real estate and business communities. He is very active as a member of the Building Traditions Society of the Anne Arundel Medical Center Foundation, the Touchdown Club of Annapolis, The Royal Blue Club, and as a youth lacrosse coach. Justin currently lives in Annapolis with his wife Courtney and two young children.

Cecil Cummins and Ned Mahic discuss self-storage, logistical industrial and the potential resurgence of small manufacturing in the US and large manufacturing in the Western Hemisphere. Ned Mahic is an experienced real estate developer and investor. He has accumulated more than 20 years’ experience in acquiring, financing, developing and investing in various real estate properties ranging from the condo, student housing, self-storage to light industrial across North America. As a business veteran, Mr. Mahic is widely recognized for his abilities in creating stellar growth in a sustainable manner. Believing in the power of people, Mr. Mahic developed his own success formula: growth = scalable system+ empowered employees. Under his leadership, the revenue of a home services company in Chicago grew from $2million (US) to $25 million (US) within 3 years. A student housing company in Montreal also significantly increased its assets under development within 3 years.

Cecil Cummins sits down with Ray Bayat of NetCo investments to discuss COVID-19's impact on Shopping Center Retail. Cecil and Ray talk through short term and long term asset management strategies and what the future may hold.

Ray founded NetCo Investments, Inc. along with Mitch Bayat in 2002 to pursue value-added shopping center developments and investments. Since then, Ray has been involved in the acquisition, redevelopment, sale, and financing of more than 1.2 million square feet and transactions valued at over $300 million. Prior to this, Ray was with Grubb & Ellis from 1997 to 2003. He was one of the top retail salespersons for Grubb & Ellis nationally, culminating in a Circle of Excellence performance for years 2000 through 2002. Prior to joining Grubb & Ellis, Ray was Leasing Manager for Newhall Land, the largest landowner in Los Angeles County. The company was involved in both residential and commercial development in Valencia, California. Ray was also an entrepreneur. He owned a franchised restaurant and two other retail businesses from 1988 through 1994.

Cecil Cummins sits down with Chris Jensen and Matt Volz of Mana Supply, a multi-state Cannabis company that has maintained profitability- despite the hurdles. In this interview, Cecil, Matt and CJ discuss where cannabis s now- the potential impact of COVID-19 and how they see cannabis navigating a market downturn.

Christopher Jensen is a former lawyer turned successful entrepreneur with a history of startups and exits across multiple industries. He was the Co-Founder of Trustpoint International ($60M in annual revenue); Former senior executive at Hudson Global, Xerox and CS Disco; Board Member and Treasurer, National Cannabis Roundtable; Recipient of 2019 Cannabis Dealmakers Summit “Rising Star Award"

Matt Volz is a veteran commercial real estate executive with experience in private equity, capital markets, investments, dispositions and asset management. He was the Director of Acquisitions, Excelsa Holdings ($400M in assets); Portfolio Manager, Colliers International (3.6M sq. ft. portfolio); General Manager, ING Clarion Real Estate Investment Management.