Buying Distressed Loans: Finding Opportunity Where Others See Risk with Michael Moreno

Buying Distressed Loans: Finding Opportunity Where Others See Risk with Michael Moreno

Buying Distressed Loans: Finding Opportunity Where Others See Risk with Michael Moreno, Partner at Safe Harbor Capital Partners.  We discuss: * How Safe Harbor acquires non-performing loans from banks and works to transform them into performing assets, creating value for both investors and borrowers. * How today's distressed debt market compares to the Global Financial Crisis—and why this cycle looks fundamentally different. * One of the most important underwriting metrics when evaluating a loan acquisition: the relationship between the purchase price of the loan and the underlying property's value. * Why double-digit year-over-year increases in loan defaults are creating new investment opportunities and what they signal for commercial real estate going forward. Learn more about Michael Moreno: Connect with Michael on LinkedIn: https://www.linkedin.com/in/michael-moreno-13485820/ [https://www.linkedin.com/in/michael-moreno-13485820/] Safe Harbor Capital: https://safeharborcp.com/team/michael-moreno/ [https://safeharborcp.com/team/michael-moreno/]   *******************************************   In each episode of The Kirsh Connection, Andrew Kirshinterviews industry leaders to learn  their real-time opinions on today's market, their background and unique career highlights, and guidance for newcomers to the industry.   Don't miss an episode of The Kirsh Connection: • Listen on Apple Podcasts: https://apple.co/3GT1hoM [https://apple.co/3GT1hoM] • Listen on Spotify: https://spoti.fi/3OQrd6j [https://spoti.fi/3OQrd6j] • Listen on Anchor: https://podcasters.spotify.com/pod/sh [https://podcasters.spotify.com/pod/sh]... • Listen on Listen Notes: https://lnns.co/7ICHmPQyXnU [https://lnns.co/7ICHmPQyXnU] Andrew Kirsh is a founding partner of Sklar Kirsh LLP and is the Chair of the firm’s Real Estate Department. Sklar Kirsh LLP is a boutique law firm providing services in corporate law, real estate, entertainment, bankruptcy, and litigation.   • Connect with Andrew on LinkedIn: https://www.linkedin.com/in/andrewkirsh/ [https://www.linkedin.com/in/andrewkirsh/] • Connect with Andrew on Twitter: https://x.com/atkirsh [https://x.com/atkirsh] • Visit Andrew's business website: https://www.sklarkirsh.com/profession [https://www.sklarkirsh.com/profession]... • Follow Sklar Kirsh LLP on LinkedIn: https://www.linkedin.com/company/sklar-kirsh-llp [https://www.linkedin.com/company/sklar-kirsh-llp] • Follow Sklar Kirsh LLP on Instagram: https://www.instagram.com/sklarkirsh/?hl=en [https://www.instagram.com/sklarkirsh/?hl=en]   The Kirsh Connection is produced and edited by Ashley Thays

Fred Leeds: Building Generational Wealth Through Timeless Real Estate Investing

How can someone evaluate a real estate deal in less than five minutes without using Excel? Fred Leeds, a Los Angeles real estate icon, has spent decades proving that great investing is often about judgment, discipline, and patience—not complex models. We discuss… * Why he purchased the Jaguar Repair Center in Santa Monica and why “high barriers to entry” are one of the most valuable characteristics in real estate * How he can evaluate a real estate investment in less than five minutes—without ever opening Excel * The lesson from his first mentor that changed his life forever: the power of passive income and financial freedom * His non-negotiable investment criteria—and why he’ll never cut a broker’s commission * Why his first home purchase in Santa Monica became the foundation for building generational wealt * Why he believes debt can become addictive, and why controlling leverage is the key to surviving every real estate cycle Learn more about Fred Leeds: • Connect with Fred on LinkedIn: https://www.linkedin.com/company/fred-leeds-properties/ • Fred Leeds Properties: https://www.fredleedsproperties.com/aboutus ******************************************* In each episode of The Kirsh Connection, Andrew Kirsh interviews industry leaders to learn their real-time opinions on today's market, their background and unique career highlights, and guidance for newcomers to the industry. Don't miss an episode of The Kirsh Connection: • Listen on Apple Podcasts: https://apple.co/3GT1hoM • Listen on Spotify: https://spoti.fi/3OQrd6j • Listen on Anchor: https://podcasters.spotify.com/pod/sh... • Listen on Listen Notes: https://lnns.co/7ICHmPQyXnU Andrew Kirsh is a founding partner of Sklar Kirsh LLP and is the Chair of the firm’s Real Estate Department. Sklar Kirsh LLP is a boutique law firm providing services in corporate law, real estate, entertainment, bankruptcy, and litigation. • Connect with Andrew on LinkedIn: https://www.linkedin.com/in/andrewkirsh/ • Connect with Andrew on Twitter: https://x.com/atkirsh • Visit Andrew's business website: https://www.sklarkirsh.com/profession... • Follow Sklar Kirsh LLP on LinkedIn: https://www.linkedin.com/company/sklar-kirsh-llp • Follow Sklar Kirsh LLP on Instagram: https://www.instagram.com/sklarkirsh/?hl=enThe Kirsh Connection is produced and edited by Ashley Thays

From Waiting Tables to Building a Global Media Empire to Re-Investing in the Travel Industry w/Jon Skogmo

In this episode of The Kirsh Connection, Andrew Kirsh sits down with Jon Skogmo, CEO of Way Capital and founder of Jukin Media, to discuss his journey from waiting tables in Hollywood to building Jukin Media into a global company and achieving a nine-figure exit. Jon also shares why he started over with Lost In, a travel media company focused on inspiring travelers through authentic storytelling—not telling you where to go, but why to go.   Episode Highlights: * Jon's Hollywood story: moving to LA from Chicagoand needing a headshot just to get a waiter job. * Building Jukin Media from his apartment into a 300-person global company. * The current state of the travel industry. * Why Jon launched Lost In and the growing demand for premium, experience-driven travel content.   Learn more about Jon Skogmo: Connect with Jon on LinkedIn: https://www.linkedin.com/in/jskogmo/ [https://www.linkedin.com/in/jskogmo/] Lost In: www.lostin.com [http://www.lostin.com]   *******************************************   In each episode of The Kirsh Connection, Andrew Kirshinterviews industry leaders to learn  their real-time opinions on today's market, their background and unique career highlights, and guidance for newcomers to the industry.   Don't miss an episode of The Kirsh Connection: • Listen on Apple Podcasts: https://apple.co/3GT1hoM [https://apple.co/3GT1hoM] • Listen on Spotify: https://spoti.fi/3OQrd6j [https://spoti.fi/3OQrd6j] • Listen on Anchor: https://podcasters.spotify.com/pod/sh [https://podcasters.spotify.com/pod/sh]... • Listen on Listen Notes: https://lnns.co/7ICHmPQyXnU [https://lnns.co/7ICHmPQyXnU]   Andrew Kirsh is a founding partner of Sklar Kirsh LLP and isthe Chair of the firm’s Real Estate Department. Sklar Kirsh LLP is a boutique law firm providing services in corporate law, real estate, entertainment, bankruptcy, and litigation.   • Connect with Andrew on LinkedIn: https://www.linkedin.com/in/andrewkirsh/ [https://www.linkedin.com/in/andrewkirsh/] • Connect with Andrew on Twitter: https://x.com/atkirsh [https://x.com/atkirsh] • Visit Andrew's business website: https://www.sklarkirsh.com/profession [https://www.sklarkirsh.com/profession]... • Follow Sklar Kirsh LLP on LinkedIn: https://www.linkedin.com/company/sklar-kirsh-llp [https://www.linkedin.com/company/sklar-kirsh-llp] • Follow Sklar Kirsh LLP on Instagram: https://www.instagram.com/sklarkirsh/?hl=en [https://www.instagram.com/sklarkirsh/?hl=en]   The Kirsh Connection is produced and edited by Ashley Thays

Betting on Yourself: Benji Miller's Journey from Institutional Real Estate to Entrepreneurship

On this episode of The Kirsh Connection, I sit down withBenji Miller, Founder of Negresco Property Group, to discuss the realities of making that leap while still in your 30s. Benji shares the lessons he learned transitioning from the institutional real estate world at Hackman Capital to entrepreneurship—what gave him the confidence to take the risk, the challenges of building a company from the ground up, and the advice he would give to others considering the same path. We also dive into the industrial outdoor storage (IOS) sector,why Negresco has focused exclusively on IOS opportunities throughout Southern California, and how the market has evolved since the frenzied investment environment of 2021–2023. Benji explains why transaction activity has slowed, where he sees opportunities today, and what investors should be watching as the market continues to mature. Finally, Benji shares an incredible personal story about how heplayed a role in helping launch the college coaching career of Dan Hurley, who would go on to become a two-time NCAA Men's Basketball National Champion at University of Connecticut. Whether you're an aspiring entrepreneur, an institutional realestate professional contemplating your next move, or simply interested in the evolution of today's commercial real estate market, this episode offers practical insights from someone who recently made the leap—and hasn't looked back.   Learn more about Benji Miller: Connect with Benji on LinkedIn: https://www.linkedin.com/in/benji-miller-133aa519/ [https://www.linkedin.com/in/benji-miller-133aa519/]Negresco Property Group: https://www.linkedin.com/company/negresco-property-group/ [https://www.linkedin.com/company/negresco-property-group/]   *******************************************   In each episode of The Kirsh Connection, Andrew Kirshinterviews industry leaders to learn  their real-time opinions on today's market, their background and unique career highlights, and guidance for newcomers to the industry. Don't miss an episode of The Kirsh Connection: • Listen on Apple Podcasts: https://apple.co/3GT1hoM [https://apple.co/3GT1hoM] • Listen on Spotify: https://spoti.fi/3OQrd6j [https://spoti.fi/3OQrd6j] • Listen on Anchor: https://podcasters.spotify.com/pod/sh [https://podcasters.spotify.com/pod/sh]... • Listen on Listen Notes: https://lnns.co/7ICHmPQyXnU [https://lnns.co/7ICHmPQyXnU]   Andrew Kirsh is a founding partner of Sklar Kirsh LLP and isthe Chair of the firm’s Real Estate Department. Sklar Kirsh LLP is a boutique law firm providing services in corporate law, real estate, entertainment, bankruptcy, and litigation.   • Connect with Andrew on LinkedIn: https://www.linkedin.com/in/andrewkirsh/ [https://www.linkedin.com/in/andrewkirsh/] • Connect with Andrew on Twitter: https://x.com/atkirsh [https://x.com/atkirsh] • Visit Andrew's business website: https://www.sklarkirsh.com/profession [https://www.sklarkirsh.com/profession]... • Follow Sklar Kirsh LLP on LinkedIn: https://www.linkedin.com/company/sklar-kirsh-llp [https://www.linkedin.com/company/sklar-kirsh-llp] • Follow Sklar Kirsh LLP on Instagram: https://www.instagram.com/sklarkirsh/?hl=en [https://www.instagram.com/sklarkirsh/?hl=en]   The Kirsh Connection is produced and edited by Ashley Thays

The Walking Dead Blueprint: How Skybound Rewrote the Rules of Hollywood, My Conversation with David Alpert, CEO and Co-Founder of Skybound Entertainment

The Walking Dead Blueprint: How Skybound Rewrote the Rules of Hollywood, My Conversation with David Alpert, CEO and Co-Founder of Skybound Entertainment.  We discuss: * From comic book startup to worldwide phenomenon:the inside story of The Walking Dead. * How Skybound built a global entertainment empirewhile rewriting the rules of Hollywood. * Why Hollywood's old business model is broken—and what comes next. * The shocking lack of government support for one of Los Angeles’ signature industries.   Learn more about David Alpert: Connect with David on LinkedIn: https://www.linkedin.com/in/david-alpert-skybound/ [https://www.linkedin.com/in/david-alpert-skybound/] Skybound Entertainment: https://www.skybound.com/ [https://www.skybound.com/]   *******************************************   In each episode of The Kirsh Connection, Andrew Kirshinterviews industry leaders to learn their real-time opinions on today's market, their background and unique career highlights, and guidance for newcomers to the industry. Don't miss an episode of The Kirsh Connection: • Listen on Apple Podcasts: https://apple.co/3GT1hoM [https://apple.co/3GT1hoM] • Listen on Spotify: https://spoti.fi/3OQrd6j [https://spoti.fi/3OQrd6j] • Listen on Anchor: https://podcasters.spotify.com/pod/sh [https://podcasters.spotify.com/pod/sh]... • Listen on Listen Notes: https://lnns.co/7ICHmPQyXnU [https://lnns.co/7ICHmPQyXnU]   Andrew Kirsh is a founding partner of Sklar Kirsh LLP and isthe Chair of the firm’s Real Estate Department. Sklar Kirsh LLP is a boutique law firm providing services in corporate law, real estate, entertainment, bankruptcy, and litigation. • Connect with Andrew on LinkedIn: https://www.linkedin.com/in/andrewkirsh/ [https://www.linkedin.com/in/andrewkirsh/] • Connect with Andrew on Twitter: https://x.com/atkirsh [https://x.com/atkirsh] • Visit Andrew's business website: https://www.sklarkirsh.com/profession [https://www.sklarkirsh.com/profession]... • Follow Sklar Kirsh LLP on LinkedIn: https://www.linkedin.com/company/sklar-kirsh-llp [https://www.linkedin.com/company/sklar-kirsh-llp] • Follow Sklar Kirsh LLP on Instagram: https://www.instagram.com/sklarkirsh/?hl=en [https://www.instagram.com/sklarkirsh/?hl=en]   The Kirsh Connection is produced and edited by Ashley Thays