Claire Cormier Thielke The Future of Cities and Real Estate [Invest Like the Best, EP.209]

Published: Jan. 19, 2021, 10:30 a.m.

b"My guest today is Claire Cormier Thielke, Managing Director of Asia Pacific for Hines, the largest private real estate investment, development and management firm in the world with over $144 billion in assets under management. Claire responsible for acquisitions, development, and new business generation for Hines APAC and was also recently appointed to the board of Zillow. I was first introduced to Claire two years ago and have wanted to have her on the podcast ever since.\\xa0 Her personal story is fascinating - Claire finished Stanford undergrad in 2.5 years and now teaches there - on the intersection of tech and real assets, she was a professional track and field athlete - competing for USA Track and Field, and she's run a marathon on Everest, which we discuss. Aside from her personal story and some of her amazing achievements, in the episode, we dive into the world of real estate investing including how to use pattern recognition to unlock real alpha in real estate, the ingredients that make a city special, and the surprising ROI of public art.\\n \\xa0\\n For the full show notes, transcript, and links to mentioned content check out https://www.joincolossus.com/episodes/72331821/cormier-the-future-of-cities-and-real-estate\\n \\xa0\\n This episode of Invest Like the Best is sponsored by\\xa0Canalyst.\\xa0Canalyst is the leading destination for public company data and analysis.\\xa0 If you\\u2019re a professional equity investor and haven\\u2019t talked to\\xa0Canalyst\\xa0recently, you should give them a shout. Learn more and try\\xa0Canalyst\\xa0for yourself at\\xa0canalyst.com/Patrick.\\xa0\\xa0\\n \\xa0\\n Invest like the Best is a property of Colossus Inc. For more episodes of Invest Like the Best go to\\xa0https://www.joincolossus.com/episodes.\\xa0\\n Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week.\\xa0 Sign up here -\\xa0https://www.joincolossus.com/newsletter.\\n \\xa0\\n Follow Patrick on Twitter at @patrick_oshag\\n Follow Colossus on Twitter at\\xa0@JoinColossus\\n \\xa0\\n Show Notes\\n [00:03:01] \\u2013 [First question] \\u2013 Overview of her career and her passion for real estate\\n [00:05:32] \\u2013 The impact of Gerry Hines on her life\\n [00:07:30] \\u2013 Her theory of and what she thinks about cities\\n [00:09:47] \\u2013 Cities rhyming with each other\\n [00:12:03] \\u2013 How the highway act led to growth in cities\\n [00:13:31] \\u2013 How cities compare around the world\\n [00:15:42] \\u2013 Airplanes as time machines\\n [00:18:42] \\u2013 Overview of a building project and how it differs from investing in equities\\n [00:23:15] \\u2013 Rebuilding a city from scratch\\n [00:25:45] \\u2013 Major real estate changes we\\u2019ll be seeing in the US\\n [00:28:30] \\u2013 Real estate trends that fascinate her in Asia\\n [00:30:10] \\u2013 Real estate plugging into other industries\\n [00:32:11] \\u2013 Trends in Asia that could be ported to the US\\n [00:34:08] \\u2013 Where to see the best of cities today (post-pandemic)\\n [00:37:28] \\u2013 The ROI on public art\\n [00:38:33] \\u2013 Her time in track and field\\n [00:41:59] \\u2013 The concept of tomorrow time\\n [00:42:49] \\u2013 Cultivated other part of her training\\n [00:45:07] \\u2013 Her marathon on Mount Everest\\n [00:46:26] \\u2013 Replicating the extreme performance piece of herself in a professional setting\\n [00:48:18] \\u2013 Lessons from being a professor\\n [00:49:53] \\u2013 Joining Zillow\\u2019s board, what she wants to bring and get\\n [00:52:17] \\u2013 Her childhood and her parents, how that influenced her\\n [00:56:26] \\u2013 How one person can be actionable\\n \\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 [00:58:30] \\u2013 Brad Gerstner and Rich Barton podcast episode\\n [01:00:32] \\u2013 Kindest thing anyone has done for her"