W. Kyle Gore is a Managing Director and Principal for CGA Capital Corporation, a Maryland-based firm focused exclusively upon the structuring and provision of debt and equity for commercial real estate and related assets net leased to corporate, governmental and 501(c)(3) users throughout the country. Founded in 1989 as a subsidiary of Legg Mason, Inc., CGA includes a team consistently recognized as one of the leading net lease financing sources in the country, with over $11 billion in net lease debt and equity financings originated, structured and closed over the past 23 years by Kyle and his colleagues. CGA’s principals have been pioneers in innovative net lease transaction structures for office, retail, industrial, governmental, healthcare, manufacturing, and special purpose properties involving more than 50 separate corporate and governmental tenants in over 40 states. In addition to investing for its own account, CGA provides debt financing and equity investment services for institutional and high-net worth real estate equity investors and developers nationwide, and also currently provides servicing and asset management services for more than $1.5 billion in real estate net leased assets. As part of his activities at CGA Capital, Kyle was a Managing Director in RBS Greenwich Capital’s Real Estate Finance Group, a subsidiary of the Royal Bank of Scotland. Kyle was a senior member of a specialized team which directed the origination, structuring, securitization, pricing and sale of corporate lease-backed and credit-backed commercial debt and equity transactions through both public conduit (CMBS) and private placement primary and secondary offerings. Kyle also served as one of the U.S. representatives on the RBS Global Real Estate Management Group. Kyle joined RBS Greenwich Capital after spending over 16 years in the Structured Finance Group of Legg Mason Wood Walker, Inc. (the broker-dealer subsidiary of Legg Mason, Inc.). As a Managing Director, Kyle’s transaction experience included every aspect of structuring and raising capital for hundreds of separate net lease-backed commercial real estate financings totaling over $8.5 billion for retail, office, distribution, industrial, governmental, manufacturing and special purpose properties located throughout the United States. Kyle is a frequent speaker at net lease industry events, and has served on the advisory boards for RealShare Media Net Lease Conferences, Commercial Property News Net Lease, and The Real Estate Finance Journal. He was graduated from Dartmouth College, where he was awarded his degree Summa Cum Laude with High Honors in Economics, and was elected to Phi Beta Kappa.
I'm a 52 year old personal investor who first got into the market just in time to get clobbered in the 1987 crash. That taught me 3 lessons:
1) When everyone, including your mail carrier, is boasting about their stock market returns, start looking for the exits;
2) Don't assume that trend lines will continue indefinitely in the same direction;
3) Keep enough cash aside to go long when people start using the word "Armageddon."
I have a base of dividend stocks, REITs, CEFs and ETFs, and use their proceeds to go long on stocks that have been beaten down to value levels, such as CRZBY, EAD, SRHGY, VOD (positions now closed) and currently IRLBF, PSEC, and MCQPF.