Judge Orders John Dewberry To Pay $43M In Trademark Dispute Over Company Name

Cryptocurrency values have plummeted this month, a crash that is pumping the brakes on the building boom for data centers that mine and process the digital currencies. Experts say it’s a slowdown, not a crisis — not yet, anyway. 

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Last week, the Biden administration released its Housing Action Plan, a collection of policies and initiatives aimed at closing the country's housing supply shortfall in half a decade.

As part of the plan, President Joe Biden is trying to encourage local governments to reduce single-family zoning, which has been cited as a restriction on housing supply and a key cause of the affordability crisis. 

On this episode, we hear from Community Preservation Corp. CEO Rafael Cestero and Monadnock Development President Kirk Goodrich, who are friends and business partners and co-host a podcast called The Housing Problem, which is aimed at improving the tenor around housing in New York City.

"I think it's important for the president to take a leadership position. He has a bully pulpit, I think. Affordable housing is a priority, and to have somebody in leadership not only indicate it's a priority but actually have the beginnings of the right prescriptions to deal with, we have to have that, and I think that's important,” Goodrich said. “I think the problem is the trickle-down and the politics of agreeing on different elements of it, and the volume of commitments and priorities is where things grind to a halt.”

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Richard Ross is CEO of Quinn Residences, which is building its portfolio in the expanding build-to-rent industry, creating purpose-built homes to rent. It owns nearly 2,300 homes across 17 sites in North Carolina, South Carolina, Georgia and Florida, and has raised more than $900M of equity, nearly quadrupling its original $250M goal. 

Ross’ past leadership roles include serving as chief financial officer of grocery-anchored shopping center company Branch Properties and CEO of Trade Street Residential, a multifamily REIT.

When Ross was first offered a CEO role at Trade Street in 2014, he wasn’t sure he wanted to take it; he had enjoyed serving as chief financial officer at multiple companies. But leading companies and watching the CEO role evolve away from “dictator” toward motivator has proved a positive.

Ross has his eye out for the next recession and thus is focusing on environmental, social and governance factors to shore up Quinn.

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