{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Promote Podcast","title":"Lurin's FBI Probe & the CapStack Snipers","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/be96a946\"></iframe>","width":"100%","height":180,"duration":1903,"description":"This week, we take stock of the tale of Lurin Capital, a multifamily syndicator that's now in the FBI's crosshairs. Jon Venetos was cut from very different cloth than the rest of the Sunbelt Dreamers, and his rise and fall are arguably even more cinematic. Next, it's a classic Manhattan tale of capstack sniping. With 245 Park ready to be graced by a $2 billion Refi, we look back at SL Green's Tranche Warfare with HNA at the Skyscraper, and what is already likely a monster payoff.\nPlus, our Punch List rundown of the newsiest CRE happenings:  Benefit Street Partners Leadership Shakeup, 485x's perverse incentives, Pontegadea's latest acquisition, Jeff Greene-Fort Partners, CBRE-Tenet deal\nSponsors:\n1) Pensford, the only interest-rate advisory focused exclusively on CRE \n2) Bravo Capital, a leading HUD and bridge lender. Check out their new SNF market ranking here.\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.\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\nInside the SL Green Playbook\nNot Easy Being [SL] Green\nChina’s HNA Found to Owe $185 Million Over Bankrupt Manhattan Skyscraper\nA hedge funder’s syndication mess","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}