One thing you have to know about real estate is that there is risk: just look at this real estate investment risk guide! It’s like playing with fire — but can reap some big rewards, especially if you know what you’re doing. Thankfully, one man by the name of Jonathan Pollack not only knows what he’s doing, but knows that he knows what he’s doing so much that of Blackstone had to take notice and signed him on as the head of real estate debt strategies.
Why Is Jonathan Pollack so Important When It Comes to Real Estate Debt?
Damage control. Underwriting. Allocating. This man knows his numbers. He knows marketing. He knows restructuring. And he was doing it for 16 years as the commercial mortgage backed securities man at Deutsche Bank as the financial institution was reporting losses. They were consolidating. He was underwriting. He’s the reason many of those big names still remain afloat in a sea of real estate crashes and recessions, so it makes sense that one Jon Gray would want Jonathan Pollack on board to make sure that Noah’s Ark stays above waters while a potential real estate Armageddon arrives.
What are his accolades? Simply put, Jonathan Pollack’s responsible for revitalizing the business of Motel 6 (yep, the “we’ll leave the light on for you” chain) through effective restructuring of the business. Even some of Manhattan’s famous skyscrapers saw remarkable buyouts that kept the towers standing tall and proud in the Big Apple. Successfully puts him on a list of top real estate gurus, don’t you think?
So Ask Yourself This Important Question:
Would you want someone like Jonathan Pollack on your side? Of course. He’s the man to make sure the buildings stay up. Where there’s a successful real estate business, there’s risk given the industry. So you certainly want to make sure such a real estate giant doesn’t fall too hard at all.