Reubens on Rye and Apollo's Divine NNNtervention

This week, we dive into the life & times of two quintessential Men with Deep Pockets: Billionaire British Brothers David & Simon Reuben have become some of the most aggressive buyers of trophy hotel and retail assets across the country – many of them in various states of undress & distress. We then look at Apollo’s new NNN partnership with Realty Income - an alliance that says much about how both AUM Gobblers and vanilla REITs are saying they’ve got what the other needs. And finally, failed mega-retailer JCPenney is now the scene of a bruising battle with a jilted would-be buyer. Plus, our "Punch List" rundown of the newsiest industry happenings: retail titan David Simon dies; Fannie & Freddie stocks freefall; Iran conflict raises questions about the Middle East's biggest CRE allocators.Sponsors:1) This episode is supported by LoanBoss, the industry-leading debt management software. Featuring one-click covenant testing, instant cash flow forecasting, and our favorite nerdy delight: Live forward curves! Check them out at loanboss.com2) This episode is supported by Bravo Capital, a leading HUD and bridge lender. See how their precision underwriting means quicker approvals and higher proceeds for sponsors by visiting bravocapital.comTo advertise: Reach out to [email protected] feedback: Write us at [email protected] And please rate us and write a review on Apple.Up your CRE game:  Consider becoming a premium subscriber to The Promote Insider to unlock access to expert CRE breakdowns, behind-the-deal stories, scoops, discounted swag and events and more. Take 10% off annual subscriptions by using this link: https://www.thepromote.com/upgrade?offer_id=b700858f-21e0-47a2-9695-a93055d3ed15Further reading/listening:You May Never See Us Again: The Barclay Dynasty:The Reuben Brothers’ self-described “black sheep” steps upPack up your roubles ...Inside Reuben Brothers’ NYC shopping spreeApollo To Invest $1B In 500 Realty Income Single-Tenant PropertiesPrivate Credit’s Manifest Destiny From Investment to Savings: When Finance Feeds on ItselfBill Ackman Solved the Wrong ProblemGary Barnett: The Father of Billionaires' Row