The carry trade is dead, and capital is moving to whoever can manufacture cash flow. Takeaways from a day with more than 250 investors and operators in emerging real estate.
Private wealth has passed the institutional market, and most sponsors have no idea how to reach it. A workshop on raising from family offices and RIAs.
Real estate debt and lending across the capital stack. Thesis Driven dives into private credit and debt funds, construction and bridge lending, CMBS and the role of rating agencies, small balance and small multifamily loans, predevelopment capital, C-PACE and structured alternatives, mortgage technology and origination, and how debt terms determine which deals pencil.
While larger assets and single-family homes are attractive targets to institutional investors, small multifamily buildings are ignored. A few operators are trying to change that.
