
CRE Unplugged: Innovating from the Streets to the Skyline
Adapt or Get Left Behind: The New Reality of CRE Development with Marc Selvitelli & Gregory Boler Jr
Developers are waiting 12 to 18 months for power while a member of Congress runs ads against data centers. In this episode of CRE Unplugged, Ryan Elazari sits down with Marc Selvitelli, CAE, President and CEO of CREDA, and Gregory Boler Jr., Founder and Managing Partner of KMT Partners. Marc leads the Commercial Real Estate Development Association, with 55 chapters across the U.S. and Canada. Greg is an Atlanta-based industrial developer who has sourced and executed more than 20 million square feet of development. They cover why data center development is getting harder, with political backlash building and utility interconnection delays now threatening Pro Formas across every asset class. They also ask where robotics could show up on a construction jobsite first. Greg explains why he left a partner seat at Bridge Logistics Properties in February 2024 to start KMT, targeting distressed, fully entitled sites at a 30 to 40 percent discount to basis with rates at a two-decade high. With construction still down 60 percent from the peak, he says developers have to be snipers. Marc describes the advocacy work nobody sees, including years spent educating new Ways and Means Committee members on carried interest and 1031 exchanges before this year's tax bill reached a vote. Show Notes: 00:10: Conference season is here! 02:41 Guest introductions and icebreakers 05:38 The data center backlash and the power problem 13:03 From mechanical engineer to developer 16:32 CREDA's first tech track 19:19 What gets a tech founder in the door 22:05 Robotics on the jobsite 27:34 Leaving Bridge to start KMT at the top of the cycle 32:02 Capital markets, rates, and being a sniper 36:10 What CREDA is doing for the next generation 42:05 Mentorship and the value of showing up 45:07 What Greg wants CREDA to look like in 2028 46:43 The advocacy work nobody sees 51:01 Unplugged: Red Sox and Porsches 55:42 A thank you from Ryan to Marc 59:56 Ryan's recap JOIN US ️ CREDA Fall Conference, Denver: October 5 to 7 (sold out). Stop by the CRE Unplugged podcast booth. CRE Unplugged Live: October 19 at Fabrik in Tribeca. Register: https://app.joinfabrik.com/u38vuwug CONNECT WITH MARC LinkedIn: linkedin.com/in/marc-selvitelli-cae-7b6a991 CREDA: credaglobal.org CONNECT WITH GREG LinkedIn: linkedin.com/in/gregory-boler-jr-69701335 ️ KMT Partners: kmtpartners.com FOLLOW CRE UNPLUGGED creunplugged.com | LinkedIn | YouTube | Instagram ABOUT CRE UNPLUGGED Real, unfiltered conversations about where commercial real estate is actually going. Covering AI, innovation, and the human side of the industry that nobody else is talking about. Hosted by Ryan Elazari. Subscribe for episodes with CRE founders, operators, and innovators pushing the industry forward. This episode is sponsored by our awesome partner, HILO , making connectivity and engagement a breeze in commercial real estate.


