LOS ANGELES—Creating cash flows rather than managing cash flows is the key to protecting against the downside in any investment, according to CRE expert Ethan Penner, who recently sat down with us for an exclusive interview. During the interview, he discusses:

-       How to protect against the downside

-       How stagnant income growth affects the multifamily market

-       Where we are at in this multifamily cycle

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.