Month: September 2026
How Opportunity Zones 2.0 Could Change Capital Gains Planning with Nick Rosenthal (Ep. 105)

How Opportunity Zones 2.0 Could Change Capital Gains Planning with Nick Rosenthal (Ep. 105)

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If you’re sitting on a large capital gain from appreciated stock, real estate, or the sale of a business, deciding what to do next can have tax and investment implications that extend well beyond the year of the sale. Timing, liquidity, investment structure, and your long-term plan all matter.

In this episode, Robert Curtiss talks with Nick Rosenthal, Co-Chief Executive Officer of Griffin Capital Company, LLC, about Qualified Opportunity Zones and the 2.0 rules beginning in 2027. They explain the five-year deferral period, 10% gain reduction, and potential tax treatment after a 10-year hold. Nick also covers eligible gains, 180-day investment windows, real estate development timelines, income expectations, portfolio diversification, and why manager selection and investment discipline should come before tax benefits. They also look at appreciated stock, real estate, and business-sale gains.

Nick discusses:

  • How Opportunity Zones 2.0 create five years of tax deferral and a 10% reduction on deferred gains for investors
  • Which capital gains may qualify, including appreciated stock, real estate, and business-sale proceeds
  • How the 180-day investment window changes for individual gains, pass-through entities, and K-1 income
  • Why development, stabilization, and income phases shape the return profile of opportunity zone funds
  • Why manager selection, portfolio quality, and investment discipline should come before the tax benefits
  • And more!

Resources:

Connect with Nick Rosenthal:

Connect with Robert Curtiss:

About Our Guest:

Mr. Rosenthal serves as Co-Chief Executive Officer at Griffin Capital Company, LLC, where he is responsible for working directly with the firm’s executives across Acquisitions, Asset Management, Due Diligence, Product Development, Accounting, Investor Relations, Marketing, and Equity Sales. In this capacity, Mr. Rosenthal is responsible for directing the firm’s strategic vision and advancing key initiatives across the organization. With extensive experience and expertise in both the financial services and real estate industries, Mr. Rosenthal has authored whitepapers on real estate investing and associated financial planning strategies. He is highly regarded for his thought leadership and is often featured in industry publications and events, offering insight into the current investment dynamics in the property markets. Mr. Rosenthal has been involved in the underwriting and acquisition of multifamily and industrial real estate investments and has been directly responsible for raising over $2 billion of investor capital across various real estate strategies and investment structures.

Mr. Rosenthal is a registered Series 7 licensed representative. He is a Graduate of George Washington University and a resident of Newport Beach, California, where he resides with his wife and two sons.
Private Commercial Real Estate After the Market Reset with PGIM’s Andrew Garten (Ep. 104)

Private Commercial Real Estate After the Market Reset with PGIM’s Andrew Garten (Ep. 104)

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Commercial real estate has repriced, but the opportunity isn’t the same across every property type or market. 

What should investors weigh before adding it to a long-term portfolio?

In this episode, Robert Curtiss speaks with Andrew Garten, Alternative Investment Specialist at PGIM, about the case for private commercial real estate after the 2022 to 2024 market reset. They cover where PGIM sees demand across housing, senior living, medical offices, logistics, and necessity-based retail.

Andrew explains how core real estate may combine income, growth, tax deferral, and lower correlation with stocks and bonds. They also address liquidity, allocation ranges, manager selection, and why local supply and demand can shape results.

Andrew discusses:

  • Why the 2022 to 2024 market reset may have improved pricing across selected commercial real estate sectors
  • How senior housing, student housing, medical offices, and logistics reflect essential demand and limited supply
  • How core real estate may combine income and growth while behaving differently from public stocks and bonds
  • Why depreciation may defer part of private REIT income and affect an investor’s cost basis over time
  • How liquidity needs, retirement timing, and portfolio goals can influence an appropriate real estate allocation
  • And more!

Resources:

Connect with PGIM :

Connect with Robert Curtiss:

About Our Guest:

Andrew Garten is an Alternative Investment Specialist at PGIM, the asset management business of Prudential Financial. With more than 20 years of experience, he focuses on helping investors understand opportunities across private markets, including commercial real estate. In his role, Andrew draws on PGIM’s global real estate platform and long operating history to explain how property type, location, income potential, tax treatment, and liquidity can affect an investment. He holds a Bachelor of Science in International Business Technology, International Studies, and French from the Pamplin College of Business.
Behavioral Finance and Better Investment Decisions with Devin Ekberg, CFA, CPWA, CIMA (Ep. 103)

Behavioral Finance and Better Investment Decisions with Devin Ekberg, CFA, CPWA, CIMA (Ep. 103)

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Have you ever wondered why making good financial decisions can feel so difficult, especially when markets become uncertain? 

Even experienced investors can find emotions influencing their decisions during uncertain markets.

In this episode, Robert Curtiss welcomes Devin Ekberg, Senior Vice President and Senior Consultant in Advisor Education at PIMCO, for a thoughtful discussion about behavioral finance and the psychology behind investing. Together, they explain how fear, excitement, cognitive bias, and decision-making influence financial outcomes. 

They explore how advisors help clients stay focused during periods of uncertainty, why process often matters more than prediction, and how thoughtful guidance can help people make clearer financial decisions over the long term.

Key takeaways:

  • How emotional and cognitive biases influence investment decisions during uncertain markets
  • Why having a written investment process helps reduce reactive financial decisions over time
  • How financial advisors help clients reframe fear into thoughtful, productive action
  • Why trust, communication, and behavioral coaching strengthen long-term financial planning
  • Books and behavioral finance concepts that help investors understand their own decision-making
  • And more!

Resources:

Connect with Devin Ekberg:

Connect with Robert Curtiss:

About Our Guest:

Mr. Ekberg is a senior vice president and senior consultant in advisor education at PIMCO. He provides training to financial professionals on advanced wealth planning topics, including retirement strategies, alternative investments, and goals-based wealth management. Prior to joining PIMCO in 2021, Mr. Ekberg was chief learning officer and managing director of professional development for the Investments & Wealth Institute (IWI), where he led the advisor education programs for advanced credentials in the financial industry. During his tenure at IWI, he oversaw the Certified Private Wealth Advisor (CPWA) certification education at the University of Chicago and led the acquisition and development of the Retirement Management Advisor (RMA) certification. He has 20 years of investment and financial services experience and holds a master’s degree from Creighton University. He is a CFA charterholder and holds the Certified Investment Management Analyst (CIMA) and CPWA designations.

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