Economic experts address Economic Growth and Real Estate Summit attendees
Coastal Carolina University’s 21st annual Economic Growth and Real Estate Summit was headlined by David Eyzenberg, president of Eyzenberg & Company, a New York City-based investment bank delivering best-in-class debt, equity and ground lease capital solutions for existing, transitional and to-be-built projects. The Growth Summit is administered by the Grant Center for Real Estate and Economics at CCU and was held on March 1, 2019, at the Marina Inn in Myrtle Beach, S.C.
In his talk, Eyzenberg discussed capitalizing commercial real estate transactions with innovative financial structures. As interest rates have continued to widen, investors have turned to structured finance products to capitalize their deals. The emergence of ground leases, mezzanine debt and various equity structures have allowed investors and developers to achieve yield in a rising cost environment.
“David brings tremendous perspective for our summit attendees,” said Robert Salvino, Ph.D., director of the Grant Center. “Through his various firms, he has consummated billions of dollars of real estate deals, including one of our 2018 Real Estate Award winners, Myrtle Beach’s $40 million THEBlvd.”
Rox W. Pollard Jr., vice president and director of the retail services team for Colliers International South Carolina, also spoke at the summit, joined by Lewis Johnson, co-chief investment officer of Capital Wealth Advisors; and Robert Salvino, Ph.D., director of the Grant Center for Real Estate Economics.
Pollard manages the retail team at Colliers International, which delivers brokerage and consultation services to clients through their three South Carolina offices. There has been much news about the change in retail and how it affects brick-and-mortar retailing. Pollard discussed the trends in brick-and-mortar retail based on his more than 30 years of involvement in retail real estate throughout South Carolina and the Myrtle Beach market. His talk focused on truth versus perception and what is the retail new frontier.
“Pollard’s experience as a state and national leader in retail for Colliers International brings tremendous perspective for investors and community leaders in a time and place where demographics and technology are ever-impacting the retail and general real estate environment,” said Salvino.
