Inside the Business of Debt Fund CRE Lending

Special treat for the crew today: In the latest episode of The Promote Podcast, we're joined by Northwind's Ran Eliasaf, one of New York real estate's most active alt lenders. Northwind is all over some of the city’s most high-profile deals, from the Pfizer HQ conversion to 125 Greenwich St., and he gave us a rare insider look into how the capstack sausage is made. We talk through actual returns, LTV calculations & more. We also chop it on Adam Neumann’s latest real estate adventure, Flow - though many of the properties are seeking rescue pref, Neumann has once again managed to convince VCs to give him more money – touched by G*d, as one source put it.

Hope you enjoy the listen - any and all feedback welcome. Thanks!  
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