Ep. 14 Gloria Gil - Los Angeles, USA

Gloria Gil joins the show to discuss her background and 39-year career in commercial real estate, including her 14 years as Senior Managing Director at the Regents of the University of California, the governing board of the University of California. At UC Regents, Gloria built an entirely new asset class and grew the AUM of the real estate portfolio to $5.5 billion across separate accounts and commingled funds. Gloria also discusses the state of the real estate market in the US and the Philippines before and during the Covid-19 pandemic.

Click this link below for detailed podcast notes:
https://kylenaye.com/ep-14-gloria-gil-manila-philippines

Additional Links:
Linkedin: https://www.linkedin.com/in/gloria-gil-347680b

Chapters

• 2:30 CAREER FOUNDATION: The Ascent of a Dealmaker
• 3:10 Gloria Gil Introduction
• 6:37 Building a Career in America
• 12:24 LACERA vs UC Regents: Investment Philosophy
• 16:26 Approving Transactions
• 17:12 Distribution of Deal Flow
• 18:47 MAKING THE MARKET: A Research Perspective
• 18:47 UC Regents’ Target Markets
• 20:53 Other Investment Criteria
• 23:30 Contrarian Market Plays and Manager Terminations
• 27:50 Covid-19 Impact on RE Investments
• 33:42 Predictions for 2021
• 38:58 Filipino Call Centers (BPO)
• 42:17 Lifestyle of Call Center Workers
• 43:18 Multifamily Product in the Philippines
• 44:14 Foreign Capital Investments
• 47:28 Covid-19 in the Philippines
• 51:50 FINANCE AND FORMULAS: The Economics Behind the Deal
• 52:05 Noteworthy Deal at UC Regents
• 54:20 Initial Response From Management
• 55:24 Meeting with the Manager/Operator
• 56:11 Equity vs. Debt Considerations
• 57:44 INVESTMENT COMMITTEE Q&A: Senior Leadership in Commercial Real Estate
• 58:05 Leadership Traits
• 59:04 Childhood’s Impact on Leadership Style
• 1:01:00 Pension Real Estate Association (PREA)
• 1:01:58 Mentoring Young Real Estate Professionals
• 1:05:50 TOURIST IN YOUR OWN TOWN: How to Spend Three Perfect Days
• 1:06:05 Filipino Tourist Destinations
• 1:09:03 Tourist Tips