New Podcast Episode: Paul Stein on Real Estate Cycles and Market Shifts

In this episode, host Drew Hess sits down with Paul Stein, Co-Founder and Principal at SKS Partners, to discuss the cyclical nature of real estate, market shifts, and the key lessons he’s learned over decades in development.
From the transformation of San Francisco’s South of Market (SoMa) to navigating unpredictable market trends, Paul shares:
- Why real estate cycles are inevitable and how to prepare for them
- The most common mistakes investors make when the market feels too good to be true
- How impromptu collaboration sparks innovation—whether in real estate or biotech
- Why he believes, “Ask for money, you’ll get advice; ask for advice, you’ll get money.”
With a mix of deep industry knowledge and engaging storytelling, Paul’s insights offer valuable takeaways for developers, investors, and real estate professionals looking to stay ahead of the curve.
Listen Today!
Our Special Guest
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PAUL STEIN CO-FOUNDER & PRINCIPAL, SKS PARTNERS |
Paul Stein is a co-founder of SKS Partners and has over 40 years of real estate experience in leasing, acquisition, asset management, and disposition of commercial properties. He has managed the negotiation and execution of over 10 million square feet of lease transactions and acquisitions.
Prior to founding SKS in 1992, Paul was V.P. and Director of Marketing for The Shorenstein Company, one of the nation's largest privately held real estate development and asset management firms specializing in Class A office buildings. From 1980 until 1989, he was a Limited Partner and Director of Office Leasing for Damon Raike and Co., a full-service commercial real estate brokerage firm whose activities were primarily on the west coast.
In addition to his work at SKS, Paul sits on the board of BRIDGE Housing and previously served as a board member of JVS. He is also on the advisory board of BREAA (Berkeley Real Estate Alumni Association).
Paul and his co-founder, Dan, have led their business successfully through three economic downturns (Dot Com, 08, 2020) and protected its partners in the process. With over 31 years of experience, SKS has gained recognition in the industry with its commitment to environmental protection, partner loyalty and city innovation.