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.
Kasa coverage from Thesis Driven, following the flex-stay apartment operator blending hospitality and multifamily. Reporting includes founder Roman Pedan on why the traditional apartment lease is a poor fit for how people actually travel and live, how lenders treat dual demand streams, and his framework for setting cap rates on asset classes that have no established comparable set.
