Welcome back to Market Mondays! In this clip, we sit down with Don Peebles, a renowned real estate developer, to discuss the complexities of urban real estate development. Don shares his valuable insights on what separates successful urban development projects from the ones that fall short. With a career spanning major cities like DC, New York, and Miami, Don provides a unique perspective on the current state and future of real estate in urban landscapes. *Key Highlights:* - *Real Estate Fundamentals:* Don starts by emphasizing the straightforward nature of real estate as a supply and demand business. Using examples from cities like New York and LA, he explains how supply constraints and demand influence prices and investment opportunities. - *City Comparisons:* Learn about the distinctive challenges and opportunities in different major cities, including LA, New York, DC, Charlotte, Chicago, and San Francisco. Don compares the dynamics of these urban centers, highlighting why some rebound faster than others post-COVID. - *The Future of Office Spaces:* Troy Millings raises an essential question about the possibility of converting commercial spaces into residential areas. Don responds with his expert analysis on the feasibility, challenges, and economic efficiency of such conversions. - *Tax and Business Policies:* Don dives deep into the importance of pro-growth policies. He explains how cities like Dallas, Austin, and Nashville are experiencing growth due to favorable tax and business environments. - *Government Initiatives:* Discover the various measures taken by cities like New York, Chicago, and Los Angeles to incentivize the conversion of underutilized office spaces into residential or other profitable uses. Don shares his predictions on upcoming financial incentives and federal tax policies that may promote real estate development. - *Experience Matters:* Don talks about the advantage of experience in identifying economically viable projects, sharing his extensive two and a half-decade experience in converting office spaces into other uses. Whether you're an investor, developer, or just interested in the mechanics of urban real estate, this episode is filled with valuable information that can help you navigate the complex landscape of city development. Don't miss out on Don Peebles' expert advice on long-term competitive markets, the impact of remote work, and the potential for future growth in urban centers. Make sure to like, comment, and subscribe for more expert insights on real estate, investments, and market trends. Check out our previous episodes for more in-depth discussions with top industry professionals. *Timestamps:* 00:00 - Introduction 00:29 - What Separates Successful Urban Development from Failure? 01:11 - Supply and Demand in Real Estate 01:59 - Market Dynamics in LA vs. New York 02:58 - Long-term Competitiveness in Urban Markets 03:26 - Growth in Pro-Business Environments 04:16 - Conversion of Commercial to Residential Spaces 05:10 - Government Incentives for Real Estate Development *Hashtags:* #MarketMondays #UrbanDevelopment #RealEstateInvesting #DonPeebles #RealEstate #InvestmentStrategies #NYCRealEstate #UrbanEconomics #PropertyDevelopment #MarketTrends Subscribe and hit the notification bell so you never miss an episode of Market Mondays. Thanks for watching! Disclaimer: All investment strategies and investments involve the risk of loss. Nothing contained in this video should be construed as investment advice. Our Sponsors: * Check out NerdWallet: https://www.nerdwallet.com Support this podcast at — https://redcircle.com/marketmondays/donations Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

In this insightful episode of Market Mondays, we are honored to welcome the legendary real estate developer Donahue Peebles. Known for his groundbreaking projects and vast contributions to the industry, Donahue shares his invaluable experiences and insights into the world of real estate development. We kick off the episode with exciting announcements, including an upcoming free event in Chicago featuring a pitch competition, panels, and musical performances. Tune in to learn how you can RSVP and participate in this incredible opportunity. Donahue Peebles delves into the intricacies of urban real estate development, offering a behind-the-scenes look at his ambitious project, Affirmation Tower. Set to be the tallest building in the Western Hemisphere, Affirmation Tower is not only a feat of engineering but also a significant milestone for Black developers and contractors. Donahue discusses the political and financial challenges faced during this project and how public support can help push it forward. We explore the importance of economic inclusion and public-private partnerships in fostering community growth and development. Donahue emphasizes the need for Black entrepreneurs to gain access to capital and economic opportunities, shedding light on historical and current policies that impact these efforts. The conversation shifts to the broader real estate market, with Donahue sharing strategies for successful urban development and the importance of location, market analysis, and risk management. He offers advice for young developers looking to make their mark in the industry and highlights the significance of mentorship and networking. In a candid discussion, Donahue shares his personal views on political figures and their policies, particularly focusing on how these impact the real estate market and economic opportunities for Black Americans. He emphasizes the importance of engaging with all political parties to advance the community’s interests. We also touch on the future of real estate, including the integration of green technology and sustainable practices. Donahue outlines how energy-efficient buildings and innovative designs will shape the industry in the coming years. As we wrap up, Donahue provides insights into networking and joint venture opportunities for aspiring real estate developers. He explains what he looks for in potential partnerships and offers practical advice for making meaningful connections in the industry. Finally, we preview the highly anticipated Invest Fest, where Donahue Peebles will be a featured speaker. Learn about the unique opportunities this event offers, from unparalleled information and education to networking with industry leaders. Don’t miss this opportunity to gain valuable knowledge and inspiration from one of the real estate industry’s most respected figures. Be sure to like, comment, and subscribe for more episodes of Market Mondays! #RealEstate #MarketMondays #DonahuePeebles #InvestFest #FinancialLiteracy #UrbanDevelopment #EconomicInclusion #Entrepreneurship Our Sponsors: * Check out NerdWallet: https://www.nerdwallet.com Support this podcast at — https://redcircle.com/marketmondays/donations Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy