Episode 76

Published on:

30th Sep 2022

The BIG Commercial Real Estate Episode

According to a recent article from Bloomberg, Federal Reserve Chair Jerome Powell said the US economy may be entering a 'new normal' following disruptions from the COVID-19 pandemic during a Fed Listens event in Washington last week. He outlined the "unusual set of disruptions'' the Fed is dealing with, and reiterated a commitment to help the economy through a "uniquely challenging period." The real question is, as warm and fuzzy as these 'Fed Listens' seem to be, do they have any effect on actual monetary policy? Is it a genuine attempt to listen to business and community leaders, or is simply an academic in good PR? As you might expect, Chris and Saied have some thoughts...

In today's episode of The Higher Standard, Chris and Saied take a deep-dive into real estate, particularly commercial real estate, covering subjects such as the recently raised Federal Funds Rate and some of the more obscure inner workings of multi-family and commercial real estate.

They explore an article from TheRealDeal.com stating that Keller Williams is looking to train their agents as wealth advisors going forward, and the implications of that kind of move on the real estate industry.

Chris and Saied look at mortgage rates and why they're very unlikely to come down in the near term, thanks to the current yield curve inversion that has been the precursor to nearly every recessionary economy in history.

They also discuss multi-family and commercial real estate issues, such as the definition of a 'loan amount,' why the barrier to entry in commercial real estate is so high, and how long it usually takes to close a multi-family deal.

If you have burning questions about commercial real estate, this is the episode you've been waiting for! Join Chris and Saied for this fascinating conversation.


What You’ll Learn in this Show:

  • Why the Federal Reserve recently increased the Federal Funds Rate and how it will impact mortgage interest rates.
  • The case for ensuring real estate agents have a solid economic understanding of the products they're selling, and the possible perils of going down that road.
  • The reasons why mortgage rates are not likely to come down in the near term, due to upward pressure on the long end of the yield curve.
  • Why real estate investing is the common source of wealth in the country.
  • And so much more...


"Keller Williams Aims to Train Agents as Wealth Advisors" (article from TheRealDeal.com)

"Powell says Economy May be Entering ‘New Normal’ After Pandemic" (article from Bloomberg)

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About the Podcast

The Higher Standard
This isn’t a different standard, it’s the higher standard.
Welcome to the Higher Standard Podcast, where we give you ultra-premium, unfiltered truth when it comes to building your wealth and curating the lifestyle of your dreams. Your host; Chris Naghibi is here to help you distill the immense amount of information and disinformation out there on the interwebs and give you the opportunity to choose a higher standard for yourself. Sit back, relax your mind and get ready for a different kind of podcast where we elevate your baseline with crispy high-resolution audio. This isn't a different standard. It's the higher standard.

Follow Chris here as he posts daily: https://www.instagram.com/chrisnaghibi

About your host

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Christopher Naghibi

Christopher M. Naghibi is the Founder and Chief Executive Officer of Black Crown Inc. and Black Crown Law APC, a disruptive collective of attorneys, property managers, real estate agents and contractors who handle home sales and purchases, commercial and multifamily real estate brokerage, primarily for high net-worth and celebrity clients.

His team has over 20 years of experience, 1000+ satisfied clients, $10 million in recovered costs for clients, and in excess of $20 billion dollars in closed transactions.

As a licensed attorney, real estate broker, general contractor, and now Top 100 podcast host, Chris aims to provide free financial education that allows people to take control and democratize fear in the financial world.