Keith Breslauer, founder and managing director of Patron Capital, joins host Raphael Sidelsky to discuss the evolution of Patron into a leading pan-European private equity real estate platform. He shares how the firm built its value-add and opportunistic strategy across Western Europe, expanded into mezzanine credit and separate accounts, and partnered with Mitsubishi Estate to scale the platform. Keith also discusses the importance of governance, disciplined leverage, and local operating expertise, as well as Patron’s charitable housing initiative supporting women and families affected by domestic abuse. The conversation also explores ESG, mid-market opportunities across Europe, and the leadership values that shape Patron’s culture and long-term vision.

00:00 – Introduction

00:35 – Meet Keith Breslauer

03:11 – From Capital Markets to Real Estate

06:58 – Building Patron Capital & Investor Trust

14:35 – Patron’s Business Lines & Investment Strategy

18:44 – Investing Across Europe vs. the U.S.

23:37 – ESG, Student Housing & Office Opportunities

27:48 – Culture, Ethics & Leadership Principles

36:00 – Personal Motivation & Teaching

38:40 – Advice for Young Real Estate Professionals

41:48 – Future of Real Estate & AI Impact

45:00 – Patron Capital Legacy & Philanthropy

47:00 – Personal Philosophy & Gratitude

49:00 – Closing Remarks

Host Raphael Sidelsky sits down with Meredith Marshall, Co-Founder and Managing Partner of BRP Companies, to discuss his journey from electrical engineering at AT&T Bell Labs to building a leading mixed-income and workforce housing platform. He explains how BRP has grown into a multi-billion-dollar developer by focusing on the “missing middle,” leveraging public-private partnerships, tax credit financing, and institutional capital.

Meredith shares insights into transformative developments in Jamaica, Queens and Harlem, including the Urban Empowerment Center, and highlights the importance of transit-oriented development and policy alignment to address housing shortages. He also reflects on scaling BRP alongside major partners such as Goldman Sachs Urban Investment Group, his leadership philosophy of empowering teams, and how innovation and disciplined execution are shaping the future of urban development.

00:00 – Podcast Introduction
00:35 – Meredith Marshall’s Career Path
03:40 – Lessons from Investment Banking
04:45 – Investing Across Africa
06:10 – Founding BRP Companies
07:30 – Partnership with Goldman Sachs
08:45 – BRP Today
10:10 – The “Missing Middle” Housing Opportunity
12:30 – Housing Constraints in New York
15:15 – Transit-Oriented Development Strategy
17:00 – Jamaica, Queens Development Case Study
21:40 – Urban Empowerment Center in Harlem
26:20 – Site K at the Javits Center
30:00 – Closing Thoughts and Future of Housing Development

Raphael Sidelsky sits down with Anar Chudgar, Co-President of Artemis Real Estate Partners, to discuss her journey from investment banking to leading a $12 billion real estate platform. She shares how Artemis differentiates itself through middle-market investing, emerging manager partnerships, and a strong focus on healthcare and senior housing.

The conversation explores today’s higher-rate environment, the shift from credit-driven returns to equity opportunities, and valuation disconnects between public and private markets. Anar also discusses Artemis’ strategic partnership with Barings and MassMutual, how the firm maintains flexibility across asset classes and geographies, and why empathy, patience, and proactive leadership are critical to investing successfully across cycles.

00:00 — Introduction and Artemis overview

02:40 — Career path from investment banking to real estate investing

06:30 — Building and scaling Artemis Real Estate Partners

12:00 — Strategic partnership and platform growth

16:00 — Senior housing and alternative sector investment strategy

24:15 — Market cycles, credit vs. equity, and investment timing

27:45 — Technology, leadership, and career advice

33:00 — Final reflections and closing