Baltimore RE full circle

Hosted by Yaakov Kanevsky

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Latest episode

Apr 2026

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About the show

Welcome to the Baltimore RE Full Circle Podcast, your ultimate resource for local real estate investors seeking comprehensive knowledge about the Baltimore market. In each episode, we bring you insightful interviews with experienced vendors and successful investors who will guide you through the intricacies of the local real estate landscape.

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32 recent

April 17, 20261 hr 17 min

Baltimore’s Eviction Process: A Conversation with the City Sheriff’s Office

In this episode of Baltimore RE Full Circle, Yaakov sits down with Baltimore City Sheriff Sam Cogen and Assistant Sheriff Nicholas Blendy for an inside look at how evictions and property enforcement actually work in Baltimore.They break down the full eviction process—from court orders to on-the-ground execution—while addressing common misconceptions landlords and tenants have about timelines, responsibilities, and legal constraints. The conversation also explores the operational realities the Sheriff’s Office faces, including coordination with property owners, safety considerations, and the challenges of enforcing the law in a complex housing environment.Whether you’re a landlord, property manager, or investor, this episode offers a clear, practical understanding of what happens beyond the paperwork and how to better navigate the realities of Baltimore’s enforcement process.

March 13, 202630 min

The Power of Leverage in Real Estate: Tenny Tolofari on Building XSITE Capital

In this episode of Baltimore RE Full Circle, Yaakov sits down with Tenny Tolofari, co-founder of XSITE Capital, to discuss how he went from a tech career to building a multifamily investment platform with over $240M in assets under management. Tenny shares how a $97 real estate course sparked his journey, the lessons learned scaling into large multifamily deals, and how leveraging partnerships helped his team complete their first acquisition.The conversation dives into the realities of property management, market selection, and why demand fundamentals—jobs, population growth, and income—matter more than anything else. Tenny also discusses mistakes along the way, including challenges with property management and investing in the wrong markets, while outlining his team’s ambitious goal of reaching $10B in assets under management in the coming years.

February 26, 20261 hr 10 min

Discipline, Risk & Real Estate Cycles with Yonah Zahler

In this episode of Baltimore RE Full Circle, Yaakov sits down with Yonah Zahler for a candid conversation on what it really takes to build and sustain a multifamily portfolio in today’s market. From disciplined acquisitions and hands-on management to navigating market cycles in Baltimore, Yonah shares practical lessons learned from years in the trenches.They discuss why patience often outperforms speed, how smart operators evaluate risk beyond the numbers, and what separates long-term builders from short-term speculators. Whether you’re scaling your portfolio or refining your strategy, this episode offers grounded insight on growing the right way, not just the fast way.

February 5, 202651 min

Inside Agency Lending: Market Cycles, Risk & Smarter Debt with Avrom Forman

In this episode of Baltimore RE Full Circle, Yaakov sits down with Avrom Forman of Greystone, for a candid conversation on agency lending, market cycles, and how investors should be thinking about debt in today’s environment.Avrom draws on decades of experience as an owner, operator, and lender to explain how Freddie Mac and Fannie Mae underwriting really works, where borrowers commonly go wrong, and why many issues stem from misaligned incentives rather than bad intent. They discuss lessons from past cycles, the realities of third-party property management, scattered-site portfolios, and how lenders evaluate risk beyond the spreadsheet.Whether you’re refinancing, acquiring, or reassessing your capital stack, this episode delivers practical insight into structuring smarter debt, avoiding common pitfalls, and navigating a more disciplined lending landscape.

January 16, 20261 hr 15 min

There’s No Such Thing as Passive Real Estate | Market Reality Check with Aeron Alberti

In this episode of Baltimore RE Full Circle, Yaakov sits down with Aeron Alberti, investor-friendly contractor and real estate operator, for an unfiltered look at what’s really happening on the ground in today’s market.Aeron breaks down why “passive income” is mostly a myth, how the DSCR bubble quietly popped, and why disciplined buyers are finding opportunity while others are stuck holding the bag. From managing hundreds of contractors to spotting market slowdowns months before the headlines, this conversation dives into what data misses, how investor mistakes compound, and why showing up every day still matters.If you’re investing, flipping, holding rentals, or trying to navigate a slowing market with clarity instead of hype, this episode delivers real-world insight you won’t get from gurus or spreadsheets.

December 25, 202551 min

Inside Industrial Real Estate: Middle-Mile Strategy & Market Insights with Zeke Faham

In this episode of Baltimore RE Full Circle, Yaakov sits down with Zeke Faham from Box Equities to unpack one of the most misunderstood—yet fastest-growing—niches in commercial real estate: middle-mile industrial. Zeke shares how Box Equities grew from a COVID-era startup to more than 7M sq. ft. across 35 properties by targeting off-market deals, capitalizing on supply-chain shifts, and buying well below replacement cost.They dive into how industrial real estate has evolved over the past decade, why middle-mile assets create stickier tenants and wider cap-rate spreads, and how operators can position themselves in today’s market. From tariffs and political shifts to AI’s impact on logistics vs. manufacturing, Zeke breaks down how macro trends are reshaping the sector — and where the real opportunities still are.Whether you're an investor exploring industrial, a multifamily operator looking to diversify, or someone tracking how supply chains and AI are changing real estate, this episode delivers rare insights, practical strategy, and a clear look into the future of industrial investing.

December 11, 20251 hr 5 min

Inside the world of Multi-family Defaults, Fraud, Receivership with Receiver Brian Casey

In this episode of Baltimore RE Full Circle, Yaakov sits down with Brian Casey, president of The Casey Group and one of the region’s most experienced court-appointed receivers. With more than 47 years in banking, workouts, and turnaround management, Brian pulls back the curtain on what’s really happening inside today’s distressed real estate market.From fraudulent leases and inflated appraisals to DSCR loan failures, partner disputes, and assets collapsing under unrealistic underwriting, Brian walks through real cases he’s managing — including properties with fake units, made-up rent rolls, and multimillion-dollar valuation mistakes. They discuss why vacancy and rent-growth numbers are often misrepresented, why so many owners are struggling, and how lenders are finally cracking down after years of looking the other way.

November 28, 20251 hr 7 min

Inside the 2025 Multifamily Debt Crisis: Jake Glück Explains What’s Really Going On.

In this episode, Yaakov sits down with Jake Gluck, founder of Fortune Capital Group, for a raw and unfiltered breakdown of today’s multifamily debt market.Jake shares his path from starting at Eastern Union with zero industry background to becoming a top debt broker working across agency, bank, CMBS, and bridge platforms.They dig into the real issues driving distress—including skyrocketing delinquencies, bad management, unrealistic underwriting, and the false hope of “waiting for rates to drop.” Jake explains why so many owners are now accepting massive haircuts, why third-party managers are failing, why agency lenders are digging deeper than ever, how CMBS and new debt funds are quietly saving deals that no bank will touch, and why 2025 might be the most opportunistic buying window in over a decade—if you know how to execute.

October 28, 20251 hr 5 min

Are Section 8 Rent offers Dropping in Maryland?

We sat down with Jack Resnick of Platinum Realty Advisors, a leading expert in Maryland’s apartment leasing market, to talk about what’s really happening behind the scenes with Section 8 and HUD programs.Are there fewer vouchers available? Has Section 8 reduced rent offers for owners? And what does the new rent evaluation system mean for your bottom line?If you own or manage rental housing in Maryland, this episode breaks down the real changes landlords are facing — and what you can do to stay ahead of them.

September 22, 20251 hr 5 min

From Permits to Payoffs: Navigating City Departments as a Baltimore Investor

Real estate investor and Micasa Title partner Jacob Benzaquen joins Yaakov to break down the realities of investing in Baltimore. From surviving the 2008 housing crash and managing multifamily properties to tackling city bureaucracy, vendor hurdles, and regulatory red tape, Jacob shares hard-earned lessons on risk management, vendor relationships, and building lasting success.Whether you’re an out-of-state investor sizing up Baltimore or a local professional facing the city’s unique challenges, this episode offers practical strategies, candid insights, and long-term vision for navigating one of the most complex—but opportunity-filled—markets in real estate.