Capital Rivers Connect

It's a cliche because it's true: All real estate is local, and while many west coast markets struggle with high office vacancy rates and troubled assets, there are numerous markets where downtown real estate is coveted. Redding is red hot, and nobody knows the market better than veteran broker Chris Haedrich, who recently merged with Capital Rivers Commercial. In this download, Chris joins Capital Rivers CEO Greg Aguirre to offer his local knowledge on the Redding market.

Let's face it, 2023 was a challenging year in the commercial real estate market. With the failure of Silicon Valley Bank, rapidly rising interest rates, and a slowing economy, it was an adventure. The good news is the market has adjusted to the new norm, and it's truly a professionals market- where deals that make sense and pencil are getting done, and those based on speculation don't. In this download, Capital Rivers CEO Greg Aguirre joins us to offer an optimistic, yet realistic forecast on where he sees opportunity, and challenges, in the year ahead.

Few commercial real estate executives know the highways & byways of our state like Capital Rivers' Greg Aguirre. Greg criss-crosses California meeting & greeting local officials, finding opportunities and making deals. In this episode, he recaps his trip to Greenfield with Assistant City Manager Paul Mugan, who shares why he and other community leaders welcome development opportunities in their beautiful community.

Regardless of what you hear about clean energy, the fact is that oil is still the main ingredient in many consumer products we enjoy every day. That's where Taft comes in: Situated at the convergence of two major oil fields, with access to the state's major rail and highways, Taft is enjoying a resurgence and seeking retailers to serve this growing community. Capital Rivers CEO Greg Aguirre and his team are very familiar with this area, having fought for the development of a Grocery Outlet. Greg invites Taft Director of Planning and Development Mark Staples to highlight the opportunities available.

If you could navigate the entitlement process and get your building permit in 4-5 months, would that interest you in developing real estate? The answer is obviously a resounding "YES" and that's one reason Banning is attracting  businesses. In this episode, Capital Rivers CEO Greg Aguirre gets a report from Marisol Lopez, Banning's Economic Development Manager, who shares development opportunities and her vision for this growing community on the I-10 corridor.

Founded 100 years ago in the heart of the lush Central Valley, Chowchilla is a close knit and safe community poised for smart growth. In this episode, Capital Rivers CEO Greg Aguirre connects with Mark Hamilton, Director of Community and Economic Development, to learn more about opportunities in Chowchilla.

After a pandemic-induced influx of residents, Shasta EDC is aggressively seeking development opportunities and fast-tracking projects as they strive to provide in-demand retail and the industrial to support it. In this download, Capital Rivers Commercial CEO Greg Aguirre invites Shasta EDC President Todd Jones to share what he and his team are doing to facilitate growth and serve their communities.

While developers and businesses battle with politics, red tape and rising costs in many cities across the state, Los Banos takes a very different approach. In this episode, Capital Rivers CEO Greg Aguirre welcomes Los Banos Community and Economic Development Director Stacy Souza Elms who shares how she and city leaders have streamlined the process and have numerous opportunities available.

We hit the mid-point of '22 and it's without question the most interesting, uncertain period that anyone can remember. That includes commercial real estate veterans who endured the double digit interest rates of the early 1980's and the S&L meltdown a decade later. This time really is different! In this episode, Capital Rivers Commercial President & CEO Greg Aguirre offers his candid assessment, a fair share of gut feeling, and his advice as we head into what will likely be a volatile second half of the year.

Solving the housing crisis, particularly affordable housing, will take a fresh partnership between the public and private sectors because the status quo obviously isn't working. So where do we start? How do we work together? What realistic, attainable goals can we strive for? To answer those questions and more, Capital Rivers CEO Greg Aguirre calls on Josh Palmer, who knows how to navigate the challenging channels inside the State of California better than anybody.

Property management is an active engagement with the owner/investor and the tenants, and communication is key. In this episode, Capital Rivers Commercial CEO Greg Aguirre welcomes CRC Property Management expert Rebecca Story to the show to share key insight, and why her approach to property management is different.

Topgolf proved that a driving range can be much more- a gamified experience, with food & fun for the entire family. Chris Gallardo and his team are riding the next wave: Inland Surfing, bringing the ocean to us. In this episode, Capital Rivers CEO Greg Aguirre calls on Chris to share his story and tell us why this experience is the next big thing in entertainment activity.

If you listen to ONE commercial real estate podcast this year, this is the one to download:

Everybody knows Dutch Bros these days- an IPO, a $6 BILLION valuation, and a culture that most companies envy. But did you know it all started almost 30 years ago with a simple coffee cart in a rural Oregon town? The same service you received from that small town "Broista" has been successfully replicated, and amplified, in hundreds of locations across America. In this episode, Capital Rivers President & CEO Greg Aguirre welcomes Aaron Harris, VP of Development, Real Estate and Construction at Dutch Bros. Aaron shares his personal story- the wins, the failures, pro wrestling, and how it shaped him as a person and business leader. 

Tax reform is on the table and Congress is considering changes, or caps, proposed by the Biden Administration to capture tax revenue on the now deferred tax treatment of 1031 like kind exchanges. The proposal ignores the financial impact that restricting 1031 will have on state & local transfer taxes, not to mention income derived by multiple parties involved in these transactions. In this episode, Capital Rivers President & CEO Greg Aguirre calls on 1031 expert Bill Angove for the latest update.

Contact Bill Angove:
Asset Preservation Inc.
916-791-5991
bill@apiexchange.com

In spite of the pandemic, most sectors of commercial real estate are on tilt, especially in the Sacramento-area. Now the question is how sustainable is this boom? As stimulus fades, inflation takes hold and if, or when, interest rates rise, what's the forecast for our region? In this episode, Capital Rivers President Greg Aguirre answers the tough questions and offers his outlook on the market as we wind up summer and head into the fall season.

Question: When is throwing an axe better for business than grinding one? Answer: When you partner with Capital Rivers! In this episode, President Greg Aguirre welcomes Tilton Pacific Construction President & CEO Gregg Hall to discuss the pricing fluctuations in materials costs and how to manage expectations during this inflationary period. In this candid conversation, you'll learn why relationships are more important than ever. Plus, a preview of their upcoming axe throwing outing.

There is no textbook for a career in commercial real estate. You sink, or you swim, and there's no such thing as treading water. Want a paycheck? Then hustle, connect, figure things out and after a few deals go sideways, if you're smart you'll figure it out.  One option to accelerate your success is to stop, listen, and take notes from a veteran. In this episode Capital Rivers President Greg Aguirre calls on one of the legends of leasing, Fred Reynolds, Director of Redevelopment at Phillips Edison & Company.

Big deals, big dollars, and a lavish lifestyle can all be yours with a successful career in commercial real estate. Full disclosure:  None of the above is possible without risking your life savings, working 100+ hours, 7 days a week, finding creative ways to get things done, and  maybe even surviving on Top Ramen for 6-12 months! In this episode, Capital Rivers President Greg Aguirre welcomes Ryan Orn to share his experience making a successful mid-life career change into commercial real estate.

Sounds crazy, but the hottest housing market of our lifetime could crank it up even more! What's driving the skyrocketing prices, and is there any end in sight? For answers, Capital Rivers President Greg Aguirre calls on Sacramento business leader, entrepreneur and former home builder Bill Niemi. With 40+ years experience in real estate, Niemi explains the once-in-a-lifetime factors that are fueling record prices, why there won't be a bust this time, and when we can expect the market to settle down.

Real estate development in California is, without question, is more difficult than anywhere else in the country.  Environmental concerns are always in play, and when a competitor twists the law to prevent a small community from getting a better bargain on groceries, it's time to get creative. In this episode, Capital Rivers President Greg Aguirre shares the unconventional approach he and his team took to outwit a frivolous attempt to stop their development.