Investor Conversation: George Maloomian

A 40-year real estate veteran breaks down why capital keeps flooding into "comfortable" markets — and where the smart money is looking instead.George Maloomian, founder of Cambridge Properties, joins Spencer Gray to share hard-won lessons from four decades of commercial real estate cycles — including surviving the late-80s overbuilding collapse, building a retail development track record with names like Publix, Costco, and Topgolf, and why he chose to diversify into Indianapolis multifamily. They dig into today's oversupply dynamics, rising construction costs, Cambridge's first build-to-rent project, and George's "people first, project second" investing philosophy.Follow The Gray Report for weekly conversations on multifamily investing, commercial real estate, and the macro trends shaping the industry.📩 Get more market insights — subscribe to our newsletter: https://www.graycapitalllc.com/newsletter/⭐ Enjoying the show? Leave us a rating and review — it really helps!