Deep Dive into Real Estate Analytics with Val Despard

In this episode of The Stash Cast, host Stash Geleszinskisits down with Val Despard, Founder and CEO of Despard Analytics and Directorof Financial Analytics for Newmark. Val shares his journey from starting as ananalyst in 2007 to founding Despard Analytics, a firm that provides financialmodeling and consulting services to commercial real estate professionals.

Val discusses the evolution of his company, the value ofsenior-level analysts, and the nuances of financial modeling in commercial realestate. The conversation covers various asset classes including office, retail,multifamily, and self-storage, and dives into the complexities of using Exceland Argus for financial analysis.

Listeners will gain insights into the relationship betweendebt markets and property values, the challenges of office conversions, and theimportance of understanding market dynamics. Val also offers valuable advicefor investors and brokers on the importance of detailed and accurate financialanalysis.

Highlights:

- Val's background and the founding of Despard Analytics

- The value proposition of senior-level analysts incommercial real estate

- Differences between using Excel and Argus for financialmodeling

- Impact of debt markets on property values and cap rates

- Challenges and opportunities in the current office market

- Strategies for successful value-add investments

- The role of tax incentives in development deals

- How Despard Analytics can replace or supplement in-houseanalysts

Guest Info:

- Name: Val Despard

- Title: Founder and CEO of Despard Analytics, Director ofFinancial Analytics for Newmark

- LinkedIn: https://www.linkedin.com/in/val-despard/

- Email: val.despard@despardanalytics.com