Scaling Capital: Commercial Real Estate Intellegence

Katarina Hapsari (Episode 2/2): PIK (Pantai Indah Kapuk), Engineering and Capitalizing a multi-billion-dollar, Future-Ready Urban Project near Jakarta, Indonesia

In Part 2 of this two-part episode of Scaling Capital, Jennifer continues her conversation with Katarina Hapsari, Founder & Managing Partner of Aurem International Assets. Katerina shares what it takes to deliver a city-scale development on coastal land, integrating urban planning, climate resilience, and smart infrastructure to sustain growth through 2100. The conversation breaks down the disciplines required to execute a project of this magnitude, from flood protection and utilities to engineering and environmental safeguards. They also unpack the $20B+ capital structure behind PIK, including self-funding, public-private partnerships, and private equity. PIK serves as a powerful case study for building resilient, future-ready cities in emerging markets. Music is Happy G by Mr Smith from the Free Music Archive, CC BY.

Katarina Hapsari (Episode 1/2): PIK (Pantai Indah Kapuk), Developing a Multi-Billion-Dollar National Strategic Project in Indonesia

In Part 1 of this two-part episode of Scaling Capital, Jennifer Robertson speaks with Katarina Hapsari, Founder and Managing Partner of Aureum International Assets. She discusses leading the development of one of Southeast Asia’s most ambitious mixed-use projects, PIK, a massive, world-class, multi-billion-dollar, waterfront city development near Jakarta, designated as a National Strategic Project. Katarina shares insights about managing and coordinating the development of a 6,000-hectare (14,000-acre), multi-billion-dollar community, designed as a true live-work-play environment. Together, they explore public-private partnerships, large-scale urban planning, integrated infrastructure, and the resulting social and economic benefits. A compelling conversation on leadership, placemaking, and executing real estate at the city scale. *Music is Happy G by Mr Smith from the Free Music Archive, CC BY.

Laura Rapaport (Episode 2/2): Rethinking C-PACE and Smarter Capital Stacks

In this episode of Scaling Capital, host Jennifer Robertson sits down with Laura Rapaport, CEO & Founder of North Bridge, to unpack how C-PACE is being used today to lower the cost of capital and bring greater flexibility to complex real estate deals. They explore how early integration, thoughtful structuring, and a deep understanding of how buildings are built can improve outcomes for developers, owner-operators, and lenders. From value-add projects to ground-up development, this conversation offers practical insight into how C-PACE can help projects move forward in a challenging market. Learn more about North Bridge: https://www.northbridgeops.com/ [https://www.northbridgeops.com/] https://www.linkedin.com/company/northbridgeesg/ [https://www.linkedin.com/company/northbridgeesg/] *Music is Happy G by Mr Smith from the Free Music Archive, CC BY.

Laura Rapaport (Episode 1/2) on CPACE: A Smarter Way to Build the Capital Stack

In this episode, Jennifer Robertson sits down with Laura Rapaport, Founder & CEO of North Bridge, to demystify CPACE and its evolving role in today’s real estate capital stack. Laura explains what CPACE is, how it works, and why it should be viewed as an integral part of a commercial property capitalization — not just green financing. They explore how CPACE can be used across asset classes for new construction, value-add renovations, acquisitions, refinancings, and bridge capital. The conversation covers lookback financing, delayed draws, and how CPACE can lower the cost of capital, reduce recourse, and improve project viability. Learn more about North Bridge: https://www.northbridgeops.com/ [https://www.northbridgeops.com/] https://www.linkedin.com/company/northbridgeesg/ [https://www.linkedin.com/company/northbridgeesg/] *Music is Happy G by Mr Smith from the Free Music Archive, CC BY.

Economist Richard Barkham (Episode 2/2) - Unpacks the Dynamics Shaping Today’s Commercial Real Estate Sectors

In this episode, Jennifer Robertson sits down with renowned economist Richard Barkham, former Global Chief Economist at CBRE. Richard explains how office vacancies are beginning to stabilize and why a new office cycle may be emerging. They explore the industrial sector’s shift toward consolidation, the impact of tariffs, and the ongoing “flight to quality”. The conversation moves to retail—now one of the healthiest CRE sectors due to limited new supply. Richard also discusses multifamily’s strong absorption and future construction trends, as well as how slowing immigration and millions of retiring boomers could reshape labor markets, growth, and housing demand. Music is Happy G by Mr Smith from the Free Music Archive, CC BY.