Investor Relations Manager, Rio Tinto
Search every verified Daniel Rosen interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. In a September 2020 video conversation with Clickinvest CEO Rosario Terracciano, Daniel Rosen, then serving as Chief Lending Officer at Renovo, discussed real estate market conditions during the COVID-19 pandemic. Rosen stated that his firm chose to "focus more on data than emotions" and noted that their production had dropped 70 percent due to a decline in contract activity. He described inventory as "the most important stat" for investors to track and predicted that in the Chicagoland market, inventory would tighten further once stay-at-home orders were lifted, as renters and condo dwellers sought single-family homes. Rosen advised rehabbers and flippers to list properties promptly, saying "it's a sprint to get it on the market right now." He pointed to China's residential real estate recovery as a pattern that might repeat in the U.S., and cautioned against trying to predict the market beyond the near term. He also recommended that landlords screen tenants carefully, citing strong rental demand.
“The stance we decided to take was we're gonna focus more on data than emotions because everybody's an economist it seems like today you go on Facebook and everybody's got their ideas what's gonna happen exactly how it's gonna play out and all that so we kind of stayed silent for the first few weeks.”
“Inventory is the most important stat you need to be looking at right now. Be aware of the inventory in the immediate vicinity of your subject properties wherever you're selling. Inventory is gonna be the driver for the next three six nine twelve twenty-four months.”
“In the Chicagoland Market, the numbers are gonna pop as soon as the stay at home order is lifted. You get people that have been renting or they're cooped up in condos and they're gonna go out and try to find any house they can find, so we think inventory is gonna get even tighter.”
“Our production dropped 70 percent because contract activity just went out to win. But even with that significant drop, there were still over a thousand contracts in Chicago in the last week of March.”
Renovo's Chief Lending Officer, Daniel Rosen, talks with Clickinvest Co-Founder and CEO Rosario Terracciano about the ...
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