{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Promote Podcast","title":"Where Alpha Goes to Die & the CoreWeave Canary","html":"","width":"100%","height":180,"duration":2257,"description":"This week, we dive into why the smartest guys in the room keep bellyflopping when it comes to CRE. Two Sigma’s recent retreat is part of a long line of edgy hedgies who’ve been humbled at the brick-and-mortar altar. We then head to the scene of a fast-moving car crash in the world’s hottest asset class: Yields on CoreWeave's junk bonds surged to an alarm-ringing 15% this week, and institutional players from across the CRE universe who've gone all-in on data centers are watching closely. Plus, our Punch List rundown of the newsiest industry happenings: Cain's \"Founder Bonds\" at One Beverly Hills; EQT-Stockbridge; Pontegadea's Chicago blockbuster deal; and S2 and Rise48's refis and loan mods.\nSponsors:\n1) Pensford, the only interest-rate advisory focused exclusively on CRE\n2) Bravo Capital, a leading HUD and bridge lender.\n3) H Equities, your mid-market go-to on both sides of the capstack. Hit them up for bridge loans of up to $50M, or if you need a co-GP partner for that last 10-20% of equity.\nPartner Content:\n\"Inside the Capstack\" with Gibson Dunn's Kahlil Yearwood. Yearwood talks about harnessing AI's potential in loan negotiations.\nUp your CRE game:  Consider becoming a premium subscriber to The Promote to unlock access to deep dives, bonus content and expert perspectives. Take 10% off annual subscriptions by using this link:\nFor feedback: Write us at podcast@thepromote.com And please rate us and write a review on Apple 🙏\nFor brand partnerships: Reach out to partnerships@thepromote.com\nFurther Reading/Listening\nCain to One Beverly Hills Buyers: Bankroll Our Build\nMore AUM Gobbling ™ : EQT Takes Stockbridge\nEverett Stays in the Game…And Rise48 Does Too\nMeet the CRE Guy For the World’s Hungriest Investor\nTwo Sigma Halts Real Estate Unit Fundraising and Cuts Staff\nPencils Down at King St.\nMen With Deep Pockets\nThe Sovereign, the Scion, and the Suit \nCoreWeave Woes Risk Shutting Down AI Junk Market\nCoreWeave’s Big Dream Crashes Into Reality as Yields Top 15%...","thumbnail_url":"https://img.transistorcdn.com/66fIOkUnD1ujWIubSOyzyEDkGLr3zPSZLuuGxuPeEgo/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8yMDVl/NGNkZDY3YTdlMTY1/OWE2ZjA1ZDhlMTA3/YmNkOS5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}