Search a title or topic

Over 20 million podcasts, powered by 

Player FM logo
Artwork

Content provided by Patrick McKenzie. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Patrick McKenzie or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Player FM - Podcast App
Go offline with the Player FM app!

The hundred-year-old telegram worth $5 million, with Jim McKenzie

1:52:36
 
Share
 

Manage episode 443309879 series 3585666
Content provided by Patrick McKenzie. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Patrick McKenzie or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Patrick McKenzie (patio11) is joined by his father, Jim McKenzie, for an intimate and in depth exploration of commercial real estate development. They unravel the complex web of relationships, regulations, and often absurd situations that shape our built environment. From the intricacies of curb cuts and driveway permits to the art of navigating local politics and lobbyists, the conversation offers a rare glimpse into the hidden mechanisms of urban development. Jim shares the highlights from his career like transforming day-old bread stores into bank branches, dealing with Chicago's infamous aldermen, and spelunking in archives to find century-old telegrams with enforceable contractual implications.

Full transcript available here: https://www.complexsystemspodcast.com/episodes/the-hundred-year-old-telegram-worth-5-million-with-jim-mckenzie-2/

Sponsors: Safebase

Ready to save time and close deals faster? Inbound security reviews shouldn’t slow down your team or your sales cycle. Leading companies use SafeBase to eliminate up to 98% of inbound security questionnaires, automate workflows, and accelerate pipeline. Go to safebase.io/podcast

Links:

Bits About Money: https://www.bitsaboutmoney.com/archive/why-is-that-bank-branch-there/


Timestamps:

(00:00) Intro

(00:27) Understanding real estate development with Jim

(03:13) The great rail lease story

(20:02) How real estate ownership is conducted

(25:58) Real estate acquisition strategies

(28:39) Sponsor: Check

(29:41) Banks and location

(34:25) Day-old bread: an opportunity

(38:45) The Walgreens development dilemma

(40:22) Strategic offers and unusual numbers

(42:25) The power of personal relationships

(46:37) Navigating real estate offers and execution quality

(52:51) The LaSalle Bank acquisition and its impact

(54:39) The 2008 quadruple whammy

(58:39) The West Town shopping center opportunity

(01:01:44) The complexities of real estate deals

(01:14:24) The 2008 financial crisis and its ripple effects

(01:15:36) The energy industry resurgence post-Ukraine incursion

(01:16:07) Navigating utility easements and real estate

(01:21:43) The complexities of curb cuts and driveway permits

(01:23:46) Chicago's political landscape and real estate development

(01:32:37) Lobbying and political influence in development

(01:51:58) Wrap

Complex Systems is part of the Turpentine podcast network. Turpentine also has a social network for top founders and execs: https://www.turpentinenetwork.com/

  continue reading

42 episodes

Artwork
iconShare
 
Manage episode 443309879 series 3585666
Content provided by Patrick McKenzie. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Patrick McKenzie or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Patrick McKenzie (patio11) is joined by his father, Jim McKenzie, for an intimate and in depth exploration of commercial real estate development. They unravel the complex web of relationships, regulations, and often absurd situations that shape our built environment. From the intricacies of curb cuts and driveway permits to the art of navigating local politics and lobbyists, the conversation offers a rare glimpse into the hidden mechanisms of urban development. Jim shares the highlights from his career like transforming day-old bread stores into bank branches, dealing with Chicago's infamous aldermen, and spelunking in archives to find century-old telegrams with enforceable contractual implications.

Full transcript available here: https://www.complexsystemspodcast.com/episodes/the-hundred-year-old-telegram-worth-5-million-with-jim-mckenzie-2/

Sponsors: Safebase

Ready to save time and close deals faster? Inbound security reviews shouldn’t slow down your team or your sales cycle. Leading companies use SafeBase to eliminate up to 98% of inbound security questionnaires, automate workflows, and accelerate pipeline. Go to safebase.io/podcast

Links:

Bits About Money: https://www.bitsaboutmoney.com/archive/why-is-that-bank-branch-there/


Timestamps:

(00:00) Intro

(00:27) Understanding real estate development with Jim

(03:13) The great rail lease story

(20:02) How real estate ownership is conducted

(25:58) Real estate acquisition strategies

(28:39) Sponsor: Check

(29:41) Banks and location

(34:25) Day-old bread: an opportunity

(38:45) The Walgreens development dilemma

(40:22) Strategic offers and unusual numbers

(42:25) The power of personal relationships

(46:37) Navigating real estate offers and execution quality

(52:51) The LaSalle Bank acquisition and its impact

(54:39) The 2008 quadruple whammy

(58:39) The West Town shopping center opportunity

(01:01:44) The complexities of real estate deals

(01:14:24) The 2008 financial crisis and its ripple effects

(01:15:36) The energy industry resurgence post-Ukraine incursion

(01:16:07) Navigating utility easements and real estate

(01:21:43) The complexities of curb cuts and driveway permits

(01:23:46) Chicago's political landscape and real estate development

(01:32:37) Lobbying and political influence in development

(01:51:58) Wrap

Complex Systems is part of the Turpentine podcast network. Turpentine also has a social network for top founders and execs: https://www.turpentinenetwork.com/

  continue reading

42 episodes

All episodes

×
 
Loading …

Welcome to Player FM!

Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.

 

Listen to this show while you explore
Play