No CAP by CRE Daily
Commercial real estate is a $20 trillion industry and a force that shapes America’s economic fabric and culture.
No Cap by CRE Daily is the commercial real estate podcast that gives you an unfiltered ”No Cap” look into the industry’s biggest trends and the money game behind them.
Each week co-hosts Jack Stone and Alex Gornik break down the latest headlines with some of the most influential and entertaining figures in commercial real estate.

Meet the guys behind the mic
Jack and Alex
One’s a nationally recognized multifamily broker and former attorney. The other’s a private equity pro with $8B in real estate under his belt. Together, Jack Stone and Alex Gornik co-host No Cap—an unfiltered, no-holds-barred look into the commercial real estate industry.
With roots in Dallas and New York, Jack and Alex bring coast-to-coast experience and chemistry that only best friends can. Jack leads a top-producing multifamily sales team at Greysteel, is a CoStar and D Magazine Power Broker, and has been featured in Forbes and Texas Real Estate Business. Alex has held senior roles at SHVO, Spaxel, and Ackman-Ziff, overseeing high-profile developments and complex capital structures across major U.S. markets. Whether they’re unpacking data or calling out industry B.S., they keep it real—and always No Cap.
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