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.
PropTech venture capital and real estate technology investing. Thesis Driven covers investor appetite by stage and sector, with construction tech and AI recurring near the top, willingness to take PropCo exposure, firm-by-firm lists of who is actually deploying, funding conditions and valuations, exits and consolidation, and why venture is often the wrong capital for a real estate operating business.
With WeWork sputtering and venture dollars gone, things may look dire. But the macro landscape for managed office is perhaps the best it has ever been. Where is the sector headed?
