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        <title>Dementia in CRE</title>
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        <description>Welcome to Dementia in CRE, the only archive that treats the Commercial Real Estate market like a high-security psychiatric ward.

While the &quot;experts&quot; are busy polishing their pro-formas, we’re providing a sarcastic, clinical observation of the industry’s most &quot;special&quot; behaviors. This isn&#039;t a strategy session; it’s a support group for those who can see the cognitive decline in leadership before they accidentally trade the family portfolio for a handful of magic beans and a &quot;Golden Age&quot; promise.

Hosted by Priyanshu Adathakkar, we use dark humor and heavy reverse psychology to diagnose the industry’s recurring delusions. From the &quot;hallucinatory&quot; cap rates of 2021 to the current &quot;institutional amnesia&quot; regarding debt-service cliffs, we’re here to spot the symptoms of a market that has officially left reality behind.

Leave your spreadsheets at the door. The patient is agitated, and we’re looking at the brain, not the IRR.</description>
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        <copyright>© 2026 Priyanshu Adathakkar</copyright>
        
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                <title>Dementia in CRE</title>
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                <itunes:subtitle>Welcome to Dementia in CRE, the only archive that treats the Commercial Real Estate market like a high-security psychiatric ward.

While the &quot;experts&quot; are busy polishing their pro-formas, we’re providing a sarcastic, clinical observation of the industry’s most &quot;special&quot; behaviors. This isn&#039;t a strategy session; it’s a support group for those who can see the cognitive decline in leadership before they accidentally trade the family portfolio for a handful of magic beans and a &quot;Golden Age&quot; promise.

Hosted by Priyanshu Adathakkar, we use dark humor and heavy reverse psychology to diagnose the industry’s recurring delusions. From the &quot;hallucinatory&quot; cap rates of 2021 to the current &quot;institutional amnesia&quot; regarding debt-service cliffs, we’re here to spot the symptoms of a market that has officially left reality behind.

Leave your spreadsheets at the door. The patient is agitated, and we’re looking at the brain, not the IRR.</itunes:subtitle>
        <itunes:author>Priyanshu Adathakkar</itunes:author>
        <itunes:type>episodic</itunes:type>
        <itunes:summary>Welcome to Dementia in CRE, the only archive that treats the Commercial Real Estate market like a high-security psychiatric ward.

While the &quot;experts&quot; are busy polishing their pro-formas, we’re providing a sarcastic, clinical observation of the industry’s most &quot;special&quot; behaviors. This isn&#039;t a strategy session; it’s a support group for those who can see the cognitive decline in leadership before they accidentally trade the family portfolio for a handful of magic beans and a &quot;Golden Age&quot; promise.

Hosted by Priyanshu Adathakkar, we use dark humor and heavy reverse psychology to diagnose the industry’s recurring delusions. From the &quot;hallucinatory&quot; cap rates of 2021 to the current &quot;institutional amnesia&quot; regarding debt-service cliffs, we’re here to spot the symptoms of a market that has officially left reality behind.

Leave your spreadsheets at the door. The patient is agitated, and we’re looking at the brain, not the IRR.</itunes:summary>
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            <itunes:name>Priyanshu Adathakkar</itunes:name>
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                                    <item>
                <title>
                    <![CDATA[The Clinical Anatomy of Investment Sabotage]]>
                </title>
                <pubDate>Mon, 27 Apr 2026 13:52:59 +0000</pubDate>
                <dc:creator>Priyanshu Adathakkar</dc:creator>
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                    https://permalink.castos.com/podcast/69831/episode/2425713</guid>
                                    <link>https://dementia-in-cre.castos.com/episodes/the-clinical-anatomy-of-investment-sabotage</link>
                                <description>
                                            <![CDATA[Are your internal mental sabotages killing your deals? Priyanshu (Pri) Adathakkar analyzes how cognitive biases like anchoring and loss aversion compromise CRE investments and how to stabilize your decision-making.]]>
                                    </description>
                <itunes:subtitle>
                    <![CDATA[Are your internal mental sabotages killing your deals? Priyanshu (Pri) Adathakkar analyzes how cognitive biases like anchoring and loss aversion compromise CRE investments and how to stabilize your decision-making.]]>
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                                <itunes:title>
                    <![CDATA[The Clinical Anatomy of Investment Sabotage]]>
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                                    <itunes:episode>12</itunes:episode>
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                    <![CDATA[Are your internal mental sabotages killing your deals? Priyanshu (Pri) Adathakkar analyzes how cognitive biases like anchoring and loss aversion compromise CRE investments and how to stabilize your decision-making.]]>
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                                <itunes:summary>
                    <![CDATA[Are your internal mental sabotages killing your deals? Priyanshu (Pri) Adathakkar analyzes how cognitive biases like anchoring and loss aversion compromise CRE investments and how to stabilize your decision-making.]]>
                </itunes:summary>
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                                                                            <itunes:duration>00:19:21</itunes:duration>
                                                    <itunes:author>
                    <![CDATA[Priyanshu Adathakkar]]>
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                <title>
                    <![CDATA[The Hormuz Strain: From Lean Efficiency to Strategic Resilience]]>
                </title>
                <pubDate>Tue, 21 Apr 2026 07:00:00 +0000</pubDate>
                <dc:creator>Priyanshu Adathakkar</dc:creator>
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                                    <link>https://dementia-in-cre.castos.com/episodes/the-hormuz-strain-from-lean-efficiency-to-strategic-resilience</link>
                                <description>
                                            <![CDATA[Is the Strait of Hormuz the fatal flaw in your pro forma? Priyanshu (Pri) Adathakkar analyzes the shift from "Just-in-Time" efficiency to "Just-in-Case" regional resilience.]]>
                                    </description>
                <itunes:subtitle>
                    <![CDATA[Is the Strait of Hormuz the fatal flaw in your pro forma? Priyanshu (Pri) Adathakkar analyzes the shift from "Just-in-Time" efficiency to "Just-in-Case" regional resilience.]]>
                </itunes:subtitle>
                                    <itunes:episodeType>full</itunes:episodeType>
                                <itunes:title>
                    <![CDATA[The Hormuz Strain: From Lean Efficiency to Strategic Resilience]]>
                </itunes:title>
                                    <itunes:episode>11</itunes:episode>
                                                <itunes:explicit>false</itunes:explicit>
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                    <![CDATA[Is the Strait of Hormuz the fatal flaw in your pro forma? Priyanshu (Pri) Adathakkar analyzes the shift from "Just-in-Time" efficiency to "Just-in-Case" regional resilience.]]>
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                                    <enclosure url="https://episodes.castos.com/69c4417a4e7635-35151671/2422269/c1e-kv8w1addjd9hg043r-6z8wxo7muqn6-tulkaj.m4a?awCollectionId=69831&amp;awEpisodeId=https%3A%2F%2Fpermalink.castos.com%2Fpodcast%2F69831%2Fepisode%2F2422269&amp;aw_0_1st.ri=castos&amp;aw_0_cnt.rss=https%3A%2F%2Ffeeds.castos.com%2Fmw1w6&amp;aw_0_azn.pgenre=%5BBusiness%3A+Investing%2CEducation%3A+How+To%2CGovernment%5D&amp;aw_0_cnt.url=https%3A%2F%2Fdementia-in-cre.castos.com%2Fepisodes%2Fthe-hormuz-strain-from-lean-efficiency-to-strategic-resilience&amp;aw_0_azn.planguage=en-US&amp;q_co=70ef008c810e223349ff24e2dd9097913bcde32eb9c7dc774922b7783a633d18" length="36314831"
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                                <itunes:summary>
                    <![CDATA[Is the Strait of Hormuz the fatal flaw in your pro forma? Priyanshu (Pri) Adathakkar analyzes the shift from "Just-in-Time" efficiency to "Just-in-Case" regional resilience.]]>
                </itunes:summary>
                                    <itunes:image href="https://episodes.castos.com/69c4417a4e7635-35151671/images/2422269/c1a-ggmw0-ndr4qnkohv6w-ezacax.png"></itunes:image>
                                                                            <itunes:duration>00:18:49</itunes:duration>
                                                    <itunes:author>
                    <![CDATA[Priyanshu Adathakkar]]>
                </itunes:author>
                            </item>
                    <item>
                <title>
                    <![CDATA[Algorithmic Cartel Contagion]]>
                </title>
                <pubDate>Tue, 14 Apr 2026 07:00:00 +0000</pubDate>
                <dc:creator>Priyanshu Adathakkar</dc:creator>
                <guid isPermaLink="true">
                    https://permalink.castos.com/podcast/69831/episode/2415899</guid>
                                    <link>https://dementia-in-cre.castos.com/episodes/algorithmic-cartel-contagion</link>
                                <description>
                                            <![CDATA[Is your pricing software a secret cartel? Priyanshu (Pri) Adathakkar examines the DOJ investigation into RealPage’s YieldStar and the risks of "Black Box" rent-fixing.]]>
                                    </description>
                <itunes:subtitle>
                    <![CDATA[Is your pricing software a secret cartel? Priyanshu (Pri) Adathakkar examines the DOJ investigation into RealPage’s YieldStar and the risks of "Black Box" rent-fixing.]]>
                </itunes:subtitle>
                                    <itunes:episodeType>full</itunes:episodeType>
                                <itunes:title>
                    <![CDATA[Algorithmic Cartel Contagion]]>
                </itunes:title>
                                    <itunes:episode>9</itunes:episode>
                                                <itunes:explicit>false</itunes:explicit>
                <content:encoded>
                    <![CDATA[Is your pricing software a secret cartel? Priyanshu (Pri) Adathakkar examines the DOJ investigation into RealPage’s YieldStar and the risks of "Black Box" rent-fixing.]]>
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                                    <enclosure url="https://episodes.castos.com/69c4417a4e7635-35151671/2415899/c1e-13w4qun5z5oc6ov7d-250gv29ksmw5-ozm3tb.m4a?awCollectionId=69831&amp;awEpisodeId=https%3A%2F%2Fpermalink.castos.com%2Fpodcast%2F69831%2Fepisode%2F2415899&amp;aw_0_1st.ri=castos&amp;aw_0_cnt.rss=https%3A%2F%2Ffeeds.castos.com%2Fmw1w6&amp;aw_0_azn.pgenre=%5BBusiness%3A+Investing%2CEducation%3A+How+To%2CGovernment%5D&amp;aw_0_cnt.url=https%3A%2F%2Fdementia-in-cre.castos.com%2Fepisodes%2Falgorithmic-cartel-contagion&amp;aw_0_azn.planguage=en-US&amp;q_co=51532593211179eb9a41bb5a531e67f4443d8b17c1ecb276e033d837b8d39161" length="25989179"
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                                <itunes:summary>
                    <![CDATA[Is your pricing software a secret cartel? Priyanshu (Pri) Adathakkar examines the DOJ investigation into RealPage’s YieldStar and the risks of "Black Box" rent-fixing.]]>
                </itunes:summary>
                                    <itunes:image href="https://episodes.castos.com/69c4417a4e7635-35151671/images/2415899/c1a-ggmw0-kpjm70z4s378-etlw3d.png"></itunes:image>
                                                                            <itunes:duration>00:13:28</itunes:duration>
                                                    <itunes:author>
                    <![CDATA[Priyanshu Adathakkar]]>
                </itunes:author>
                            </item>
                    <item>
                <title>
                    <![CDATA[The Silent Crisis of Long-Term Care Evictions]]>
                </title>
                <pubDate>Sun, 12 Apr 2026 13:04:31 +0000</pubDate>
                <dc:creator>Priyanshu Adathakkar</dc:creator>
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                    https://permalink.castos.com/podcast/69831/episode/2419638</guid>
                                    <link>https://dementia-in-cre.castos.com/episodes/the-silent-crisis-of-long-term-care-evictions</link>
                                <description>
                                            <![CDATA[Explore the systemic crisis of elderly residents being discharged from care facilities into homelessness and the legal rights protecting them.]]>
                                    </description>
                <itunes:subtitle>
                    <![CDATA[Explore the systemic crisis of elderly residents being discharged from care facilities into homelessness and the legal rights protecting them.]]>
                </itunes:subtitle>
                                    <itunes:episodeType>full</itunes:episodeType>
                                <itunes:title>
                    <![CDATA[The Silent Crisis of Long-Term Care Evictions]]>
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                                    <itunes:episode>10</itunes:episode>
                                                <itunes:explicit>false</itunes:explicit>
                <content:encoded>
                    <![CDATA[Explore the systemic crisis of elderly residents being discharged from care facilities into homelessness and the legal rights protecting them.]]>
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                                    <enclosure url="https://episodes.castos.com/69c4417a4e7635-35151671/2419638/c1e-813wptvv74osr7dvn-ndr4wn66fg84-e2l4pn.m4a?awCollectionId=69831&amp;awEpisodeId=https%3A%2F%2Fpermalink.castos.com%2Fpodcast%2F69831%2Fepisode%2F2419638&amp;aw_0_1st.ri=castos&amp;aw_0_cnt.rss=https%3A%2F%2Ffeeds.castos.com%2Fmw1w6&amp;aw_0_azn.pgenre=%5BBusiness%3A+Investing%2CEducation%3A+How+To%2CGovernment%5D&amp;aw_0_cnt.url=https%3A%2F%2Fdementia-in-cre.castos.com%2Fepisodes%2Fthe-silent-crisis-of-long-term-care-evictions&amp;aw_0_azn.planguage=en-US&amp;q_co=f639cd6a5378e152307ed8a2891bdbfa4f7582e6322fcb9794e2132ebd011945" length="34261165"
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                                <itunes:summary>
                    <![CDATA[Explore the systemic crisis of elderly residents being discharged from care facilities into homelessness and the legal rights protecting them.]]>
                </itunes:summary>
                                    <itunes:image href="https://episodes.castos.com/69c4417a4e7635-35151671/images/2419638/c1a-ggmw0-258kdnrxsd8w-mdagg2.png"></itunes:image>
                                                                            <itunes:duration>00:17:45</itunes:duration>
                                                    <itunes:author>
                    <![CDATA[Priyanshu Adathakkar]]>
                </itunes:author>
                            </item>
                    <item>
                <title>
                    <![CDATA[The Anatomy of Zero-Sum CRE Negotiations]]>
                </title>
                <pubDate>Tue, 07 Apr 2026 18:39:16 +0000</pubDate>
                <dc:creator>Priyanshu Adathakkar</dc:creator>
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                    https://permalink.castos.com/podcast/69831/episode/2415822</guid>
                                    <link>https://dementia-in-cre.castos.com/episodes/the-anatomy-of-zero-sum-cre-negotiations</link>
                                <description>
                                            <![CDATA[In this episode of The CRE Clinic, Chief of Surgery Priyanshu (Pri) Adathakkar moves from the operating room to the boardroom to diagnose Acute Zero-Sum Negotiation Syndrome. While “win-win” is the industry’s favorite buzzword, high-stakes environments—like distressed asset sales and tight 1031 deadlines—often require a “fixed-pie” approach. Pri breaks down the five tactical pathologies used to extract maximum value: the psychological power of the First Anchor, the surgical precision of the “Nibble,” and the use of Information Asymmetry to identify an opponent’s debt maturity before the first incision is made. Tune in to learn how to identify these aggressive maneuvers, […]]]>
                                    </description>
                <itunes:subtitle>
                    <![CDATA[In this episode of The CRE Clinic, Chief of Surgery Priyanshu (Pri) Adathakkar moves from the operating room to the boardroom to diagnose Acute Zero-Sum Negotiation Syndrome. While “win-win” is the industry’s favorite buzzword, high-stakes environments—like distressed asset sales and tight 1031 deadlines—often require a “fixed-pie” approach. Pri breaks down the five tactical pathologies used to extract maximum value: the psychological power of the First Anchor, the surgical precision of the “Nibble,” and the use of Information Asymmetry to identify an opponent’s debt maturity before the first incision is made. Tune in to learn how to identify these aggressive maneuvers, […]]]>
                </itunes:subtitle>
                                    <itunes:episodeType>full</itunes:episodeType>
                                <itunes:title>
                    <![CDATA[The Anatomy of Zero-Sum CRE Negotiations]]>
                </itunes:title>
                                    <itunes:episode>8</itunes:episode>
                                                <itunes:explicit>false</itunes:explicit>
                <content:encoded>
                    <![CDATA[In this episode of The CRE Clinic, Chief of Surgery Priyanshu (Pri) Adathakkar moves from the operating room to the boardroom to diagnose Acute Zero-Sum Negotiation Syndrome. While “win-win” is the industry’s favorite buzzword, high-stakes environments—like distressed asset sales and tight 1031 deadlines—often require a “fixed-pie” approach. Pri breaks down the five tactical pathologies used to extract maximum value: the psychological power of the First Anchor, the surgical precision of the “Nibble,” and the use of Information Asymmetry to identify an opponent’s debt maturity before the first incision is made. Tune in to learn how to identify these aggressive maneuvers, […]]]>
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                                    <enclosure url="https://episodes.castos.com/69c4417a4e7635-35151671/2415822/c1e-r9qz5iow3mwf7zkx9-xx7z2m07i468-2nnejb.m4a?awCollectionId=69831&amp;awEpisodeId=https%3A%2F%2Fpermalink.castos.com%2Fpodcast%2F69831%2Fepisode%2F2415822&amp;aw_0_1st.ri=castos&amp;aw_0_cnt.rss=https%3A%2F%2Ffeeds.castos.com%2Fmw1w6&amp;aw_0_azn.pgenre=%5BBusiness%3A+Investing%2CEducation%3A+How+To%2CGovernment%5D&amp;aw_0_cnt.url=https%3A%2F%2Fdementia-in-cre.castos.com%2Fepisodes%2Fthe-anatomy-of-zero-sum-cre-negotiations&amp;aw_0_azn.planguage=en-US&amp;q_co=8b85db142f016e7ca6c8e5c804bd5b8d4dbd9074829ee4066b3648b6f5a02f85" length="27155023"
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                                <itunes:summary>
                    <![CDATA[In this episode of The CRE Clinic, Chief of Surgery Priyanshu (Pri) Adathakkar moves from the operating room to the boardroom to diagnose Acute Zero-Sum Negotiation Syndrome. While “win-win” is the industry’s favorite buzzword, high-stakes environments—like distressed asset sales and tight 1031 deadlines—often require a “fixed-pie” approach. Pri breaks down the five tactical pathologies used to extract maximum value: the psychological power of the First Anchor, the surgical precision of the “Nibble,” and the use of Information Asymmetry to identify an opponent’s debt maturity before the first incision is made. Tune in to learn how to identify these aggressive maneuvers, […]]]>
                </itunes:summary>
                                    <itunes:image href="https://episodes.castos.com/69c4417a4e7635-35151671/images/2415822/c1a-ggmw0-pkwd38qrfo7z-a7nuww.png"></itunes:image>
                                                                            <itunes:duration>00:14:04</itunes:duration>
                                                    <itunes:author>
                    <![CDATA[Priyanshu Adathakkar]]>
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                            </item>
                    <item>
                <title>
                    <![CDATA[The Warrior Right to Repair: Restoring Military Operational Autonomy]]>
                </title>
                <pubDate>Tue, 07 Apr 2026 07:00:00 +0000</pubDate>
                <dc:creator>Priyanshu Adathakkar</dc:creator>
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                    https://permalink.castos.com/podcast/69831/episode/2414248</guid>
                                    <link>https://dementia-in-cre.castos.com/episodes/the-warrior-right-to-repair-restoring-military-operational-autonomy</link>
                                <description>
                                            <![CDATA[In this episode of the CRE Clinic, we perform a strategic biopsy on the Department of Defense. The diagnosis? Proprietary Atrophy.]]>
                                    </description>
                <itunes:subtitle>
                    <![CDATA[In this episode of the CRE Clinic, we perform a strategic biopsy on the Department of Defense. The diagnosis? Proprietary Atrophy.]]>
                </itunes:subtitle>
                                    <itunes:episodeType>full</itunes:episodeType>
                                <itunes:title>
                    <![CDATA[The Warrior Right to Repair: Restoring Military Operational Autonomy]]>
                </itunes:title>
                                    <itunes:episode>7</itunes:episode>
                                                <itunes:explicit>false</itunes:explicit>
                <content:encoded>
                    <![CDATA[In this episode of the CRE Clinic, we perform a strategic biopsy on the Department of Defense. The diagnosis? Proprietary Atrophy.]]>
                </content:encoded>
                                    <enclosure url="https://episodes.castos.com/69c4417a4e7635-35151671/2414248/c1e-40wdpu816jmf82p0w-jpq03r4vfm42-jtlec5.m4a?awCollectionId=69831&amp;awEpisodeId=https%3A%2F%2Fpermalink.castos.com%2Fpodcast%2F69831%2Fepisode%2F2414248&amp;aw_0_1st.ri=castos&amp;aw_0_cnt.rss=https%3A%2F%2Ffeeds.castos.com%2Fmw1w6&amp;aw_0_azn.pgenre=%5BBusiness%3A+Investing%2CEducation%3A+How+To%2CGovernment%5D&amp;aw_0_cnt.url=https%3A%2F%2Fdementia-in-cre.castos.com%2Fepisodes%2Fthe-warrior-right-to-repair-restoring-military-operational-autonomy&amp;aw_0_azn.planguage=en-US&amp;q_co=039f0db26acc3c7bdc0c396a08e5b71a21779d32c2f0347f4038b8eda1ab934a" length="30801100"
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                    </enclosure>
                                <itunes:summary>
                    <![CDATA[In this episode of the CRE Clinic, we perform a strategic biopsy on the Department of Defense. The diagnosis? Proprietary Atrophy.]]>
                </itunes:summary>
                                    <itunes:image href="https://episodes.castos.com/69c4417a4e7635-35151671/images/2414248/c1a-ggmw0-qd1jo81kbwd3-stu2om.png"></itunes:image>
                                                                            <itunes:duration>00:15:58</itunes:duration>
                                                    <itunes:author>
                    <![CDATA[Priyanshu Adathakkar]]>
                </itunes:author>
                            </item>
                    <item>
                <title>
                    <![CDATA[The Tariff Inflammation: A Financial Anatomy of Real The Tariff Inflammation: A Financial Anatomy of Real Estate Retrofits]]>
                </title>
                <pubDate>Fri, 03 Apr 2026 14:39:20 +0000</pubDate>
                <dc:creator>Priyanshu Adathakkar</dc:creator>
                <guid isPermaLink="true">
                    https://permalink.castos.com/podcast/69831/episode/2413190</guid>
                                    <link>https://dementia-in-cre.castos.com/episodes/the-tariff-inflammation-a-financial-anatomy-of-real-the-tariff-inflammation-a-financial-anatomy-of</link>
                                <description>
                                            <![CDATA[High steel and copper tariffs are inflating retrofit budgets by 20%. Learn how domestic sourcing can stabilize underwriting and protect your cash flow.]]>
                                    </description>
                <itunes:subtitle>
                    <![CDATA[High steel and copper tariffs are inflating retrofit budgets by 20%. Learn how domestic sourcing can stabilize underwriting and protect your cash flow.]]>
                </itunes:subtitle>
                                    <itunes:episodeType>full</itunes:episodeType>
                                <itunes:title>
                    <![CDATA[The Tariff Inflammation: A Financial Anatomy of Real The Tariff Inflammation: A Financial Anatomy of Real Estate Retrofits]]>
                </itunes:title>
                                    <itunes:episode>7</itunes:episode>
                                                <itunes:explicit>false</itunes:explicit>
                <content:encoded>
                    <![CDATA[High steel and copper tariffs are inflating retrofit budgets by 20%. Learn how domestic sourcing can stabilize underwriting and protect your cash flow.]]>
                </content:encoded>
                                    <enclosure url="https://episodes.castos.com/69c4417a4e7635-35151671/2413190/c1e-9z9npa2dggrcw3vkm-dm170x1qijjn-eezlkh.m4a?awCollectionId=69831&amp;awEpisodeId=https%3A%2F%2Fpermalink.castos.com%2Fpodcast%2F69831%2Fepisode%2F2413190&amp;aw_0_1st.ri=castos&amp;aw_0_cnt.rss=https%3A%2F%2Ffeeds.castos.com%2Fmw1w6&amp;aw_0_azn.pgenre=%5BBusiness%3A+Investing%2CEducation%3A+How+To%2CGovernment%5D&amp;aw_0_cnt.url=https%3A%2F%2Fdementia-in-cre.castos.com%2Fepisodes%2Fthe-tariff-inflammation-a-financial-anatomy-of-real-the-tariff-inflammation-a-financial-anatomy-of&amp;aw_0_azn.planguage=en-US&amp;q_co=fd6024cdd2816be24b4dc89115562a88f48fc234d293c6112e7597e312606e1e" length="36438100"
                        type="audio/x-m4a">
                    </enclosure>
                                <itunes:summary>
                    <![CDATA[High steel and copper tariffs are inflating retrofit budgets by 20%. Learn how domestic sourcing can stabilize underwriting and protect your cash flow.]]>
                </itunes:summary>
                                    <itunes:image href="https://episodes.castos.com/69c4417a4e7635-35151671/images/2413190/c1a-ggmw0-mkg359p7ikjq-3jfk4i.png"></itunes:image>
                                                                            <itunes:duration>00:18:53</itunes:duration>
                                                    <itunes:author>
                    <![CDATA[Priyanshu Adathakkar]]>
                </itunes:author>
                            </item>
                    <item>
                <title>
                    <![CDATA[Diagnosing the Desire Delusion]]>
                </title>
                <pubDate>Tue, 24 Mar 2026 07:00:00 +0000</pubDate>
                <dc:creator>Priyanshu Adathakkar</dc:creator>
                <guid isPermaLink="true">
                    https://permalink.castos.com/podcast/69831/episode/2413125</guid>
                                    <link>https://dementia-in-cre.castos.com/episodes/diagnosing-the-desire-delusion</link>
                                <description>
                                            <![CDATA[Is your CRE portfolio causing a clinical decline in your happiness? Explore why investors trade mental well-being for AUM and how to decouple self-worth from financial exits.]]>
                                    </description>
                <itunes:subtitle>
                    <![CDATA[Is your CRE portfolio causing a clinical decline in your happiness? Explore why investors trade mental well-being for AUM and how to decouple self-worth from financial exits.]]>
                </itunes:subtitle>
                                    <itunes:episodeType>full</itunes:episodeType>
                                <itunes:title>
                    <![CDATA[Diagnosing the Desire Delusion]]>
                </itunes:title>
                                                    <itunes:season>5</itunes:season>
                                <itunes:explicit>false</itunes:explicit>
                <content:encoded>
                    <![CDATA[Is your CRE portfolio causing a clinical decline in your happiness? Explore why investors trade mental well-being for AUM and how to decouple self-worth from financial exits.]]>
                </content:encoded>
                                    <enclosure url="https://episodes.castos.com/69c4417a4e7635-35151671/2413125/c1e-z8qd6b371jrf1xk27-9jwkx7nxs42q-o2xfeh.m4a?awCollectionId=69831&amp;awEpisodeId=https%3A%2F%2Fpermalink.castos.com%2Fpodcast%2F69831%2Fepisode%2F2413125&amp;aw_0_1st.ri=castos&amp;aw_0_cnt.rss=https%3A%2F%2Ffeeds.castos.com%2Fmw1w6&amp;aw_0_azn.pgenre=%5BBusiness%3A+Investing%2CEducation%3A+How+To%2CGovernment%5D&amp;aw_0_cnt.url=https%3A%2F%2Fdementia-in-cre.castos.com%2Fepisodes%2Fdiagnosing-the-desire-delusion&amp;aw_0_azn.planguage=en-US&amp;q_co=977a3607e8959ecafbe76f4adfef4c6fedea83f12456c964767ded0d637f1d08" length="44919257"
                        type="audio/x-m4a">
                    </enclosure>
                                <itunes:summary>
                    <![CDATA[Is your CRE portfolio causing a clinical decline in your happiness? Explore why investors trade mental well-being for AUM and how to decouple self-worth from financial exits.]]>
                </itunes:summary>
                                    <itunes:image href="https://episodes.castos.com/69c4417a4e7635-35151671/images/2413125/c1a-ggmw0-pkw06z05a9z0-q74f0t.png"></itunes:image>
                                                                            <itunes:duration>00:23:16</itunes:duration>
                                                    <itunes:author>
                    <![CDATA[Priyanshu Adathakkar]]>
                </itunes:author>
                            </item>
                    <item>
                <title>
                    <![CDATA[Surgical Real Estate: The Death of the National Average]]>
                </title>
                <pubDate>Tue, 17 Mar 2026 20:12:17 +0000</pubDate>
                <dc:creator>Priyanshu Adathakkar</dc:creator>
                <guid isPermaLink="true">
                    https://permalink.castos.com/podcast/69831/episode/2412592</guid>
                                    <link>https://dementia-in-cre.castos.com/episodes/surgical-real-estate-the-death-of-the-national-average</link>
                                <description>
                                            <![CDATA[Stop investing in averages. Priyanshu Adathakkar’s satirical report exposes why national real estate data is a "diagnostic phantom" and why 2026 demands surgical, one-mile radius benchmarking.]]>
                                    </description>
                <itunes:subtitle>
                    <![CDATA[Stop investing in averages. Priyanshu Adathakkar’s satirical report exposes why national real estate data is a "diagnostic phantom" and why 2026 demands surgical, one-mile radius benchmarking.]]>
                </itunes:subtitle>
                                    <itunes:episodeType>full</itunes:episodeType>
                                <itunes:title>
                    <![CDATA[Surgical Real Estate: The Death of the National Average]]>
                </itunes:title>
                                    <itunes:episode>5</itunes:episode>
                                                <itunes:explicit>false</itunes:explicit>
                <content:encoded>
                    <![CDATA[Stop investing in averages. Priyanshu Adathakkar’s satirical report exposes why national real estate data is a "diagnostic phantom" and why 2026 demands surgical, one-mile radius benchmarking.]]>
                </content:encoded>
                                    <enclosure url="https://episodes.castos.com/69c4417a4e7635-35151671/2412592/c1e-n7qo5fzdqq6aqmz05-dm17n3r9ik1z-v3vsc2.m4a?awCollectionId=69831&amp;awEpisodeId=https%3A%2F%2Fpermalink.castos.com%2Fpodcast%2F69831%2Fepisode%2F2412592&amp;aw_0_1st.ri=castos&amp;aw_0_cnt.rss=https%3A%2F%2Ffeeds.castos.com%2Fmw1w6&amp;aw_0_azn.pgenre=%5BBusiness%3A+Investing%2CEducation%3A+How+To%2CGovernment%5D&amp;aw_0_cnt.url=https%3A%2F%2Fdementia-in-cre.castos.com%2Fepisodes%2Fsurgical-real-estate-the-death-of-the-national-average&amp;aw_0_azn.planguage=en-US&amp;q_co=2d20ece4095ccbdcbc25a0226af82ea5aa4e29c5c4d30756650883c2a845621c" length="37707783"
                        type="audio/x-m4a">
                    </enclosure>
                                <itunes:summary>
                    <![CDATA[Stop investing in averages. Priyanshu Adathakkar’s satirical report exposes why national real estate data is a "diagnostic phantom" and why 2026 demands surgical, one-mile radius benchmarking.]]>
                </itunes:summary>
                                    <itunes:image href="https://episodes.castos.com/69c4417a4e7635-35151671/images/2412592/c1a-ggmw0-pkw0m28oi0p-vltunf.png"></itunes:image>
                                                                            <itunes:duration>00:19:32</itunes:duration>
                                                    <itunes:author>
                    <![CDATA[Priyanshu Adathakkar]]>
                </itunes:author>
                            </item>
                    <item>
                <title>
                    <![CDATA[Autopsy of the Sun Belt Multifamily Delusion]]>
                </title>
                <pubDate>Tue, 10 Mar 2026 07:00:00 +0000</pubDate>
                <dc:creator>Priyanshu Adathakkar</dc:creator>
                <guid isPermaLink="true">
                    https://permalink.castos.com/podcast/69831/episode/2412548</guid>
                                    <link>https://dementia-in-cre.castos.com/episodes/autopsy-of-the-sun-belt-multifamily-delusion</link>
                                <description>
                                            <![CDATA[This diagnostic report utilizes medical metaphors to critique the overbuilt real estate market across the American Sun Belt in 2026.]]>
                                    </description>
                <itunes:subtitle>
                    <![CDATA[This diagnostic report utilizes medical metaphors to critique the overbuilt real estate market across the American Sun Belt in 2026.]]>
                </itunes:subtitle>
                                    <itunes:episodeType>full</itunes:episodeType>
                                <itunes:title>
                    <![CDATA[Autopsy of the Sun Belt Multifamily Delusion]]>
                </itunes:title>
                                    <itunes:episode>4</itunes:episode>
                                                <itunes:explicit>false</itunes:explicit>
                <content:encoded>
                    <![CDATA[This diagnostic report utilizes medical metaphors to critique the overbuilt real estate market across the American Sun Belt in 2026.]]>
                </content:encoded>
                                    <enclosure url="https://episodes.castos.com/69c4417a4e7635-35151671/2412548/c1e-7go2wuv9780a5z697-8d07vq43toqq-dkmb43.m4a?awCollectionId=69831&amp;awEpisodeId=https%3A%2F%2Fpermalink.castos.com%2Fpodcast%2F69831%2Fepisode%2F2412548&amp;aw_0_1st.ri=castos&amp;aw_0_cnt.rss=https%3A%2F%2Ffeeds.castos.com%2Fmw1w6&amp;aw_0_azn.pgenre=%5BBusiness%3A+Investing%2CEducation%3A+How+To%2CGovernment%5D&amp;aw_0_cnt.url=https%3A%2F%2Fdementia-in-cre.castos.com%2Fepisodes%2Fautopsy-of-the-sun-belt-multifamily-delusion&amp;aw_0_azn.planguage=en-US&amp;q_co=4f77f85d2301f0750ec3560a5b7fdc6867bc7db8b9a3ec76e0c4e20367523198" length="40524415"
                        type="audio/x-m4a">
                    </enclosure>
                                <itunes:summary>
                    <![CDATA[This diagnostic report utilizes medical metaphors to critique the overbuilt real estate market across the American Sun Belt in 2026.]]>
                </itunes:summary>
                                    <itunes:image href="https://episodes.castos.com/69c4417a4e7635-35151671/images/2412548/c1a-ggmw0-9jwkvq41f5rn-xeif0w.png"></itunes:image>
                                                                            <itunes:duration>00:21:00</itunes:duration>
                                                    <itunes:author>
                    <![CDATA[Priyanshu Adathakkar]]>
                </itunes:author>
                            </item>
                    <item>
                <title>
                    <![CDATA[Housing Market: Under Observation]]>
                </title>
                <pubDate>Tue, 03 Mar 2026 08:00:00 +0000</pubDate>
                <dc:creator>Priyanshu Adathakkar</dc:creator>
                <guid isPermaLink="true">
                    https://permalink.castos.com/podcast/69831/episode/2412474</guid>
                                    <link>https://dementia-in-cre.castos.com/episodes/housing-market-under-observation</link>
                                <description>
                                            <![CDATA[The U.S. Housing Market is currently in the ICU, but it thinks it’s training for a marathon.

In the latest edition of Dementia in CRE, we diagnose Affordability Anosognosia—a clinical condition where the patient (the housing market) is physically unable to recognize its own impairment. We’re dissecting the "Golden Age" hallucinations coming out of the latest SOTU and why a 6% mortgage rate isn't the "cure" everyone thinks it is.]]>
                                    </description>
                <itunes:subtitle>
                    <![CDATA[The U.S. Housing Market is currently in the ICU, but it thinks it’s training for a marathon.

In the latest edition of Dementia in CRE, we diagnose Affordability Anosognosia—a clinical condition where the patient (the housing market) is physically unable to recognize its own impairment. We’re dissecting the "Golden Age" hallucinations coming out of the latest SOTU and why a 6% mortgage rate isn't the "cure" everyone thinks it is.]]>
                </itunes:subtitle>
                                    <itunes:episodeType>full</itunes:episodeType>
                                <itunes:title>
                    <![CDATA[Housing Market: Under Observation]]>
                </itunes:title>
                                    <itunes:episode>3</itunes:episode>
                                                <itunes:explicit>false</itunes:explicit>
                <content:encoded>
                    <![CDATA[The U.S. Housing Market is currently in the ICU, but it thinks it’s training for a marathon.

In the latest edition of Dementia in CRE, we diagnose Affordability Anosognosia—a clinical condition where the patient (the housing market) is physically unable to recognize its own impairment. We’re dissecting the "Golden Age" hallucinations coming out of the latest SOTU and why a 6% mortgage rate isn't the "cure" everyone thinks it is.]]>
                </content:encoded>
                                    <enclosure url="https://episodes.castos.com/69c4417a4e7635-35151671/2412474/c1e-q3qw2u7dj7mcjpvor-v6w8j3o6i7o0-uo9ktc.m4a?awCollectionId=69831&amp;awEpisodeId=https%3A%2F%2Fpermalink.castos.com%2Fpodcast%2F69831%2Fepisode%2F2412474&amp;aw_0_1st.ri=castos&amp;aw_0_cnt.rss=https%3A%2F%2Ffeeds.castos.com%2Fmw1w6&amp;aw_0_azn.pgenre=%5BBusiness%3A+Investing%2CEducation%3A+How+To%2CGovernment%5D&amp;aw_0_cnt.url=https%3A%2F%2Fdementia-in-cre.castos.com%2Fepisodes%2Fhousing-market-under-observation&amp;aw_0_azn.planguage=en-US&amp;q_co=42bd3608ebe9c361b2bb0db69d2cbc0c8bd6d2c6dfae776f40997ab15d697ac6" length="38197209"
                        type="audio/x-m4a">
                    </enclosure>
                                <itunes:summary>
                    <![CDATA[The U.S. Housing Market is currently in the ICU, but it thinks it’s training for a marathon.

In the latest edition of Dementia in CRE, we diagnose Affordability Anosognosia—a clinical condition where the patient (the housing market) is physically unable to recognize its own impairment. We’re dissecting the "Golden Age" hallucinations coming out of the latest SOTU and why a 6% mortgage rate isn't the "cure" everyone thinks it is.]]>
                </itunes:summary>
                                    <itunes:image href="https://episodes.castos.com/69c4417a4e7635-35151671/images/2412474/c1a-ggmw0-kpjxk16gbdk7-vntabs.png"></itunes:image>
                                                                            <itunes:duration>00:19:47</itunes:duration>
                                                    <itunes:author>
                    <![CDATA[Priyanshu Adathakkar]]>
                </itunes:author>
                            </item>
                    <item>
                <title>
                    <![CDATA[The Pathology of Institutional Amnesia in Commercial Real Estate]]>
                </title>
                <pubDate>Tue, 17 Feb 2026 08:00:00 +0000</pubDate>
                <dc:creator>Priyanshu Adathakkar</dc:creator>
                <guid isPermaLink="true">
                    https://permalink.castos.com/podcast/69831/episode/2412376</guid>
                                    <link>https://dementia-in-cre.castos.com/episodes/the-pathology-of-institutional-amnesia-in-commercial-real-estate</link>
                                <description>
                                            <![CDATA[Are we so focused on the numbers that we’ve forgotten what buildings are actually for?]]>
                                    </description>
                <itunes:subtitle>
                    <![CDATA[Are we so focused on the numbers that we’ve forgotten what buildings are actually for?]]>
                </itunes:subtitle>
                                    <itunes:episodeType>full</itunes:episodeType>
                                <itunes:title>
                    <![CDATA[The Pathology of Institutional Amnesia in Commercial Real Estate]]>
                </itunes:title>
                                    <itunes:episode>1</itunes:episode>
                                                <itunes:explicit>false</itunes:explicit>
                <content:encoded>
                    <![CDATA[Are we so focused on the numbers that we’ve forgotten what buildings are actually for?]]>
                </content:encoded>
                                    <enclosure url="https://episodes.castos.com/69c4417a4e7635-35151671/2412376/c1e-w2q65bv3qzgb8kg3z-34x246jmfd50-xlcpmo.m4a?awCollectionId=69831&amp;awEpisodeId=https%3A%2F%2Fpermalink.castos.com%2Fpodcast%2F69831%2Fepisode%2F2412376&amp;aw_0_1st.ri=castos&amp;aw_0_cnt.rss=https%3A%2F%2Ffeeds.castos.com%2Fmw1w6&amp;aw_0_azn.pgenre=%5BBusiness%3A+Investing%2CEducation%3A+How+To%2CGovernment%5D&amp;aw_0_cnt.url=https%3A%2F%2Fdementia-in-cre.castos.com%2Fepisodes%2Fthe-pathology-of-institutional-amnesia-in-commercial-real-estate&amp;aw_0_azn.planguage=en-US&amp;q_co=dd9fcf501ba9baa4c64f2618d9b09efad41d359c7b171fa85cbbff449e1f1607" length="35897759"
                        type="audio/x-m4a">
                    </enclosure>
                                <itunes:summary>
                    <![CDATA[Are we so focused on the numbers that we’ve forgotten what buildings are actually for?]]>
                </itunes:summary>
                                    <itunes:image href="https://episodes.castos.com/69c4417a4e7635-35151671/images/2412376/c1a-ggmw0-5z3vz84pt0dj-9qmc4c.png"></itunes:image>
                                                                            <itunes:duration>00:18:36</itunes:duration>
                                                    <itunes:author>
                    <![CDATA[Priyanshu Adathakkar]]>
                </itunes:author>
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