Crow Holdings

9 statements across 1 episodes · 5 bullish · 1 bearish · 1 people on the record · first statement Nov 27, 2023 by Michael Levy · said 31 times in 1 episodes since 2023 · across every show →

Mentions by year

brought up most by Ted Seides (22), Michael Levy (9)

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2023 31 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Crow Holdings, oldest first

Nov 27, 2023 bullish
Opinion
Levy: Private real estate credit yields mid-to-high teens unlevered returns
“The best opportunities that are being executed today are really in the private credit space. It's providing both senior loans and mezzanine loans to borrowers who can't get their traditional financing done with their banks. And that type of return is clearly a…”
Michael Levy Nov 27, 2023 ▶ 35:55 Michael Levy – Crow Family Real Estate Empire (EP.353)
Nov 27, 2023 positive
Assertion Partly supported
Levy: Trammell Crow pioneered speculative industrial development in 1948
“He built a small industrial building in Dallas on Cole Street that we own today on what they call a speculative basis. He didn't have a tenant in hand. He just went out to build the building and thought they would come And they came, and that was very unique. …”
Michael Levy Nov 27, 2023 ▶ 21:51 Michael Levy – Crow Family Real Estate Empire (EP.353)
Nov 27, 2023
Disclosure
Levy: Crow Holdings owns zero office buildings across its 600-property portfolio
“In the business, 600 plus properties. Other than our terrific office campus in Dallas, which is a unique property, we have no office buildings in our entire portfolio.”
Michael Levy Nov 27, 2023 ▶ 49:42 Michael Levy – Crow Family Real Estate Empire (EP.353)
Nov 27, 2023 bullish
Opinion
Levy: Real estate distress is largely confined to office sector
“There's a distress out there, but that distress is largely the office sector. The other sectors from a fundamental supply, demand, occupancy, rental growth, they're doing just fine. Even retail.”
Michael Levy Nov 27, 2023 ▶ 48:06 Michael Levy – Crow Family Real Estate Empire (EP.353)
Nov 27, 2023 bullish
Disclosure
Levy: Crow Holdings is building a nationwide solar business
“We have numerous sites that are under contract right now. We're going to build out a very large solar business across the United States. We're less than three years in, but it's clear to me now, this is working.”
Michael Levy Nov 27, 2023 ▶ 52:49 Michael Levy – Crow Family Real Estate Empire (EP.353)
Nov 27, 2023 neutral
Disclosure
Levy: Crow Holdings operates without any earnings or AUM targets
“There are no earnings targets. There are no AUM targets. We don't care. It's not relevant.”
Michael Levy Nov 27, 2023 ▶ 53:47 Michael Levy – Crow Family Real Estate Empire (EP.353)
Nov 27, 2023
Disclosure
Levy: Crow Holdings allocates multi-billion pipeline via blind rotational slots
“Our development company has what I'd call a rotational structure, so we have a pipeline in any given year. Next year it'll be less than this past year, but nonetheless, a multi-billion dollar pipeline in any given year. It's a lot of capital in any given year,…”
Michael Levy Nov 27, 2023 ▶ 37:42 Michael Levy – Crow Family Real Estate Empire (EP.353)
Nov 27, 2023 bearish
Insight
Levy: NIMBYism has created massive housing undersupply across American income brackets
“We are so underhoused in America, the amount of nimbyism that's stopping the development Of multifamily housing. We have millions of Americans who don't have places to live, particularly, just let's call it working class, let alone the disadvantaged, but even …”
Michael Levy Nov 27, 2023 ▶ 31:50 Michael Levy – Crow Family Real Estate Empire (EP.353)
Nov 27, 2023 positive
Assertion Not checkable as stated
Levy: Crow Holdings experienced zero unpaid convenience retail rent over 20 years
“We've been doing this 20 years. We have bought and sold hundreds and hundreds and hundreds of these properties. We have not had a single day in 20 years that a tenant has not paid us rent.”
Michael Levy Nov 27, 2023 ▶ 46:08 Michael Levy – Crow Family Real Estate Empire (EP.353)
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