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No CAP by CRE Daily
Commercial real estate is a $20 trillion industry and a force that shapes America’s economic fabric and culture.
No Cap by CRE Daily is the commercial real estate podcast that gives you an unfiltered ”No Cap” look into the industry’s biggest trends and the money game behind them.
Each week co-hosts Jack Stone and Alex Gornik break down the latest headlines with some of the most influential and entertaining figures in commercial real estate.
Meet the guys behind the mic
Jack and Alex
One’s a nationally recognized multifamily broker and former attorney. The other’s a private equity pro with $8B in real estate under his belt. Together, Jack Stone and Alex Gornik co-host No Cap—an unfiltered, no-holds-barred look into the commercial real estate industry.
With roots in Dallas and New York, Jack and Alex bring coast-to-coast experience and chemistry that only best friends can. Jack leads a top-producing multifamily sales team at Greysteel, is a CoStar and D Magazine Power Broker, and has been featured in Forbes and Texas Real Estate Business. Alex has held senior roles at SHVO, Spaxel, and Ackman-Ziff, overseeing high-profile developments and complex capital structures across major U.S. markets. Whether they’re unpacking data or calling out industry B.S., they keep it real—and always No Cap.
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Featured Guests
Ben Brown
Ben Brown is Co-President of Brookfield’s Real Estate Group and Head of the Americas, overseeing one of the world’s largest global real estate portfolios. He joined Brookfield in 2010, has held senior leadership roles in New York and London, and serves on the firm’s Executive Committee.
Owen Thomas
Owen Thomas is Chairman and CEO of BXP, one of the largest publicly traded office REITs in the U.S. He previously spent 24 years at Morgan Stanley, where he led the firm’s global real estate business, served as President of Investment Management, and sat on the Management Committee.
MaryAnne Gilmartin
MaryAnne Gilmartin is the Founder and CEO of MAG Partners, a New York–based real estate development firm with a $1B+ pipeline spanning mixed-use, residential, and large-scale master-planned projects. She previously led Forest City Ratner Companies, where she spearheaded landmark developments including Barclays Center and Pacific Park Brooklyn.
Michael Levy
Michael Levy is the CEO of Crow Holdings, leading one of the country’s premier real estate investment and development platforms. He spent nearly 20 years at Morgan Stanley in senior leadership roles across real estate investment management and banking before joining Crow in 2016.
