Paul Gozzo, Trail of Lights, Austin, Texas

Celebrating 50 years of the famed, "Trail of Lights" in Austin, Texas from Paul Gozzo.

Gospel Bluegrass Sunday Brunch at Threadgill's in Austin, Texas

One on Austin's many great traditions, Gospel Bluegrass Sunday Brunch at Threadgill's 

Best Dog Ever; Louie the Dachshund

What are you looking at? Ya creeper!

Paul Gozzo
Paul M. Gozzo

Jimmy Cliff live @ Stubbs BBQ in Austin, Texas

The living legend, Jimmy Cliff, at Stubbs BBQ in Austin, Texas. #atx

Paul Gozzo in ATX

Coming to America - Barbershop Scenes from Paul Gozzo

This is still one on my favorite scenes in all of film, cinema, and movies!
The Barber Shop scenes from Eddie Murphy's"Coming to America".

Sugar Ray Robinson, Joe Louis, Mohammed Ali, Frank Sinatra, Mike Tyson, Rocky Marciano
Paul Gozzo

Paul Gozzo Press Release from PRLOG

Check out the latest press release about Paul Gozzo, from PRLOG

http://www.prlog.org/12365948-paul-gozzo-director-of-business-development-for-residential-capital-management.html

Gary Clark, Jr. and G Love at Stubbs in Austin

Gary Clark, Jr. Can play the blues and he ripped it up Friday night with G Love on stage at Stubbs in Austin, Texas.

Photo from Paul Gozzo

Blues music
ATX

G Love and Keb Mo in Austin, Texas

Friday night at Stubbs in Austin, Texas, G Love and Keb Mo played the blues along with several local artists.

Keb joined G, and G joined Keb

Keb played with his band

G Love invited up local Austin artists throughout the night. And, everyone at Stubbs had a blast!

Popponesset Beach Cape Cod

Popponesset Beach, Cape Cod 2014

Paul Gozzo

Maine

Ahhh, Maine on a cold wet August day...still beautiful!

In Honor of Shark Week...

...check out this beast of a bull shark caught in the Palm Beach inlet by Whit Matthews.

Photo : Paul Gozzo, Palm Beach Inlet, Florida

Paul Gozzo's last Jupiter, Florida Sunrise (for now)

Sunrise over the Atlantic Ocean has always been a soothing way to start the day down here in Jupiter, Florida. This will be my last one for a while....

Paul Gozzo

Paul Gozzo @paulgozzo

Paul Gozzo Shallow Water Fishing Adventures

On a recent weekend fishing the backcountry of Everglades National Park, Paul Gozzo was lucky enough to pick up these fish, all in skinny water.

    20 pound snook in two feet of water.

    10 pound redfish in 1 foot of water...

   7 foot lemon shark in 3-4 feet of water

Loggerhead Turtle from Paul Gozzo

Paul Gozzo came face to face with this loggerhead turtle today just off the coast in south Florida.

Paul Gozzo in NYC

Times Square NYC from Paul Gozzo

Paul Gozzo Bass Fishing

Bass fishing in south Florida is always fun, especially with so many local ponds and lakes to choose from! www.paulgozzofishing.blogspot.com

@paulgozzo #bass #flyfishing #Florida #donthate 

What NOT to do while Surfing :

This picture depicts precisely what not to do while surfing: do not drop in on anyone, ever. #surfing #jupiter #florida 

Jupiter Lighthouse in Jupiter, Florida from Paul Gozzo

This is a no filter shot from Paul Gozzo of the Jupiter Lighthouse in Jupiter, Florida.

#Jupiter #Lighthouse #Florida #Paul #Gozzo

Will Ferrell and Chad Smith from RHCP re: Drum-Off

Will Ferrell battles Chris Smith, drummer for the Red Hot Chili Peppers on Jimmy Fallon's show.


drum war, Red Hot Chili Peppers, Will Ferrell, Jimmy Fallon Paul Gozzo

Best Pizza in the World

George's Pizza in Unionville, CT has the best pizza in Connecticut and maybe even the world!

      #PaulGozzo #pizza #Connecticut

Paddleboarding Jupiter, Florida

Paddleboard Surfing in Jupiter, Florida SUP?

 #SUP #paddleboard #surfing #Jupiter    #Florida #PaulGozzo #surf #beach #brobrah #LocalsSurfShop #Marcynski

Camden Yards from Paul Gozzo

The Baltimore Oriels ballpark, Camden Yards.

             Photo by : Paul Gozzo

      #baltimore #oriels #camdenyards

Surfing Jupiter Florida

Typical groundswell surf for Jupiter, Florida

    Photo by : Paul GoZo

What did the fox say?

I came across this little baby fox and some of his siblings while on a hike today.

   Photo : Paul Gozzo

The Best Italian Restaurant in New Jersey from Paul Gozzo

If you like fresh homemade bread, pasta, sauces, salad dressings, and deserts, then Bella Italia in New jersey is heaven on earth. If you hate carbs and unpretentious environments, then you will not like this Italian family restaurant.

   Try Bella Italia in Andover, New Jersey  

   from: Paul Gozzo

    #Italian #restaurant #newjersey #pasta 

    #meatballs #sauce #gravy 

Darlington Raceway

Last weekends Southern 500 at Darlington Raceway was a real good time!

               The Lady in Black!

The track that is "Too Tough To Tame" lived up to its reputation! #Nascar #SprintCup #racing from: Paul Gozzo

Smiley's Acoustic Cafe in Greenville, SC Live Music

Smiley's in Greenville, SC produces sick live music!

#livemusic #southcarolina @paulgozzo

Thank you, Uconn Huskies from: Paul Gozzo

A special thanks to the Uconn Huskies men's basketball team for going 4-4 and winning the NCAA Championship!

#Uconn #Huskies #mensbasketball #nationalchampions #NCAA #stopthehate #PaulGozzo @paulgozzo

National Rental Home Council : IE: Single Family Home Real Estate Lobby Group : Paul Gozzo

A trade group has been formed for the single family home Real Estate asset class lead by such behemoths as Blackstone Group, Colony Capital, American Homes 4 Rent, and Starwood Waypoint Residential Trust.

Check out the website for this new lobby group in Washington, cough, cough, I mean "trade group". http://www.rentalhomecouncil.org/

The website has all sorts of data and positive stories about the upside of renting versus owning your home.

from : Paul Gozzo

Wall Street Landlords form Trade (lobby) Group

Wall Street landlords form trade group

Real Estate has a new lobby group, "National Home Rental Council" ....and it's the guys who put in the bottom and drove the sub $300,000 prices back!

Colony Capital's, "Colony American Homes" and Blackstone's "Invitation Homes" are leading the way along with American Homes 4 Rent, and Starwood Waypoint Residential Trust.

from: Paul Gozzo

Monkey Scratches Butt and smells... and faints! from Paul Gozzo

This is funny. Sorry if you think it is gross. #monkey #butt #stinky #poop

Austin Texas Monday Night Blues Guitar

I heard this cat ripping his guitar from a distance as I walked down 6th Street in Austin, Texas on a cold Monday night. This is only one of the tunes I heard him play including a sweet version of Crosstown Traffic!
from: Paul Gozzo



#austin #texas #blues #guitar #6thstreet #monday #paulgozzo

Seminole Wind in Nashville from Paul Gozzo

They played Seminole Wind for me within 5 minutes of being in the joint! So, I'm not even out for 2 minutes in Nashville on a rainy Tuesday before I walk by some old boys playing loud. I walk in the joint, order some of the clear stuff, and sit down. I'm not even seated a minute when John Riggins asks me where I walked in from? The wise-ass in me wants to play a character and make something up, but experience says this isn't this dudes first rodeo. So I tell him, "Florida". And, he wants to know what I want to hear? So, I think for a minute, the crowd all staring at the grey suit, which is what he called me, and I say, "John Anderson" as if to say, "deal with that man! That's what you get go putting me on the spot!" Albeit graciously, this is how Riggins responded!

Go and check out John Riggins playing an acoustic version of Seminole Wind for an out-of-towner! Facebook.com/johnrigginsmusic 

Twitter.com/johnrigginsmusic 

#nashville #johnanderson #seminolewind #florida #johnriggins #paulgozzo

Paul Gozzo works in Business Development for WRI Capital Group

Paul Gozzo of Jupiter, Florida has transitioned from his role in Acquisitions as an analyst to working in Business Development for WRI Capital Group.  Paul has been investing in Real Estate since he graduated from Amherst College in 1998 and working in research since 2006. The move was a natural progression given Paul’s diverse background and institutional contacts coupled with the rapid growth occurring at WRI Capital Group. “Given my personal and professional experience to date, this move makes sense and I am thankful for the opportunity”, said Gozzo.

Paul Gozzo spends much of his time on the road between Tampa Bay,  Orlando, and Jacksonville, Florida as well as other areas of the Southeastern United States stretching from Dallas, Texas  to Charlotte, North Carolina. “I like to get out and see the assets we are looking to acquire, touch them, and get to know the people we will be working with potentially. It’s a fun space and an interesting time.”

WRI Capital Group provides a suite of services for institution level clients investing in the single-family asset class. Among Paul Gozzo’s roles will be to facilitate relationships with institutions, ranging from Private Equity Funds, to Hedge Funds, and Foreign Investment Groups, looking to enter or exit this space. The asset class itself, single family homes, is over two years old emerging as a new asset class to institutional investors offering upside to alternative investors and further proving itself each successive quarter. According to Gozzo, “It was just a question of time and the right cycle for the opportunity to present itself. The overpriced residential market along with overleveraged owners and the subsequent economic downturn, provided a perfect storm creating an abundance of supply offering an ideal opportunity for institutions to step in and acquire.”

But then what? If an institution weren’t specifically created to invest in this space, complete with the entire necessary infrastructure, how could they possibly allocate capital? According to PaulGozzo, “Depending on how nimble the investor , how much money he wanted to spend and in how many different markets, it becomes an incredible logistical challenge to execute. Even extremely experienced and  smart institutional investors did not know how to get it done. Meanwhile bigger groups like American Homes 4 Rent, Blackstone’s Invitation Homes, and Colony’s Colony American Homes raised billions of dollars specifically for this space and built infrastructure to acquire, renovate, lease and manage. Other investors  who wanted in, were shut out.  Enter WRI, providing all of the services directly for the institution looking to play in this space. We were designed as  single source solution for institutional investors”

When not one the road, Paul enjoys playing outside enjoying all that calling South Florida home has to offer, including fishing and  golfing. Paul donates his time monthly to helping keep local beaches clean with The Friends of Jupiter Beach and when possible, he serves at St. Georges Soup Kitchen in Riviera Beach, Florida where he helps to prepare and serve a hot meal to over 200 people in need.

For up to date information on Paul M. Gozzo, follow him on Twitter, Facebook, Google+, Instagram, or Pinterest, Weebly, Tumblr, Blogger, or Wordpress.

Steve Earle - Copperhead Road

Delicious Gozzo Malbec Wine from Argentina

I was psyched to find this wonderful Malbec wine from Argentina and it just happens to bear my last name, Gozzo!

Rental-Home Bond Issues May Reach $20 Billion a Year! From Bloomberg

Bloomberg News

Rental-Home Bond Issues May Reach $20 Billion a Year, Stark Says

By John Gittelsohn January 24, 2014

---

Wall Street may sell more than $20 billion a year of bonds backed by rental homes as investors become comfortable buying securities tied to loans to small landlords, according to Ryan Stark, a director who runs mortgage finance at Deutsche Bank AG.
“The numbers could be fairly staggering,” Stark said at a Structured Finance Industry Group conference in Las Vegas. “This could be a $15 billion or $20 billion-plus-a-year kind of an asset class. Certainly if those smaller shops get more volume, you’re going to see even more in growth in that area.”
Institutional investors, led by companies such as Blackstone Group LP (BX:US)’s Invitation Homes and American Homes 4 Rent, have bought as many as 200,000 homes in the last two years, Stark said. They are taking advantage of home prices that fell as much as a third from the 2006 peak and rising demand for rental homes among about 8 million former owners who lost property to foreclosure since 2007.

Story: Fannie and Freddie's New Boss Could Reshape Mortgage Finance

The big opportunity for debt is among smaller landlords who own most of the 14 million single-family homes occupied by renters, he said.
Deutsche Bank and Blackstone sold the first bonds backed by rental homes in November, a $479 million issue that was “about five times oversubscribed,” Stark said. American Homes 4 Rent (AMH:US), an Agoura Hills, California-based landlord with more than 21,000 homes, and Colony American Homes Inc., a Scottsdale, Arizona-based landlord with more than 15,000 homes, have announced plans to issue similar securities this year.
Lenders owned by Blackstone, Colony and Cerberus Capital Management LP are offering smaller landlords debt they plan to package into securities as soon as this year, Stark said. Attorneys and ratings companies are figuring out how to structure the pools of loans to make them appealing to investors concerned about an asset class with a limited history, the challenges of managing dissimilar properties and the risks of collecting rent.

Story: Credit Ratings and Broken Knees: Did Geithner Threaten S&P's Chairman?

“Over the next 60 to 90 days it will be worked out,” said Steve Blevit, an attorney with Sidley Austin LP in Los Angeles, who worked on the Deutsche Bank-Blackstone deal and other bonds.
To contact the reporter on this story: John Gittelsohn in Los Angeles at johngitt@bloomberg.net
To contact the editor responsible for this story: Kara Wetzel at kwetzel@bloomberg.net

Blog: Another Sign Your Next Small Business Loan Won’t Come From a Bank

Wild Florida Berries and Snake!

Check out these delicious Florida berries...and their guardian snake!

25 Greatest Unscripted Scenes in Films from Paul Gozzo

Some classic movie scenes here, all unscripted...







from : Paul Gozzo

The Gozzo Sail Plan

This is the Gozzo sailplan

Conrad Gozzo an American Trumpet Player

http://www.goldenage-wtic.org/BB-13.html


Music lovers, especially those of you who dig jazz, check out Tutti's Trumpets!





Conrad Gozzo

Rental-Home-Backed Bond by Blackstone: How it works from Paul Gozzo

I (Paul Gozzo) thought this was a pretty good graphic illustration of how the Blackstone's new bond backed by rents on single family homes actually works.

Blackstone’s Big Bet on Rental Homes

The Blackstone Group LP, the world's largest private equity firm, became the largest owner of rental homes in the U.S. , acquiring 41,000 homes in the past two years. In October, Blackstone offered the first-ever "rental-home-backed" security on Wall Street. The bond is backed by just a fraction — 3,207 — of the rental properties owned by Blackstone. Monthly rent checks from the properties will be used to service the $479.1 million security.

PUBLISHED DEC. 20, 2013

RELATED GRAPHIC >>

Sources: Moody’s Investor Service, Deutsche Bank Securities, Bloomberg research

GRAPHIC: DAVE MERRILL / BLOOMBERG VISUAL DATA

Retaining The Best Renters

I recently read an interesting article from Brandon Turner about retaining renters. Brandon included the graphs and explanations you see below depicting the results from a 4,600 person survey where renters were asked about the incentives that they would like to see that would encourage them to renew their lease.

You can see the rest of the article at : http://goo.gl/C9QHdE

Monetary Discount or Special Upgrade?

To encourage tenants to renew their lease, is it better to offer some sort of “monetary” benefit… or something less tangible (like new appliances, upgraded, unit, etc?)

Overwhelmingly, tenants chose a monetary benefit:

What Kind of Monetary Benefit?

So, 52% of tenants would prefer a “monetary benefit” – which is not too surprising. We all like money, right?

But… what exactly are we talking about? Handing a wad of cash over? Discounting rent?

According to the tenant’s surveyed…

What About Unit Improvements?

Okay, maybe you are not able to offer discounts on rent or cash.. but perhaps you could improve the unit some. After all, according to the first graph I showed you, 27% of tenants would prefer a unit upgrade.

The great part about improvements as retention tools is that certain upgrades can actually increase the value of your property – so it’s often a win-win.  So, what could you improve, as an incentive, to retain the best tenants?

This is where it gets even more interesting.  According to the study, it’s a close three-way tie between “new carpet,” a “washer/dryer upgrade,” and “kitchen appliances.”

Other Incentives

Finally, perhaps the most surprising part of this study. What if you wanted to get creative and offer another perk… something “off site?”  What would the tenant prefer?

According to the study – survey says… a Gym Membership!

LaxWax Keeping it Fresh in Philly

The LaxWax booth at the Philly #lacrosse convention

Top 10 Goals of the 2012-13 NHL Season by Paul Gozzo preparing for Sochi

Paul Gozzo shares this highlight reel of #nhl #goals from 2012-13 in preparation for the Sochi games.

7 games in 12 days....let's go U.S.A.



#nhl #hockey #sochi #paulgozzo