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.
Insurance in real estate, one of the largest sources of NOI compression operators face. Thesis Driven covers premium increases and their effect on valuations, captive and pooled cell structures for sponsors at scale, broker incentives and alternative brokerage models, underwriting insurance cost on acquisition targets, and construction types and geographies carriers increasingly decline to write.
