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.
Tenant screening and rental application fraud. Thesis Driven covers the scale of application fraud and the cost per case, synthetic identities and AI-generated pay stubs and bank statements, the detection arms race, Fair Chance and FCRA compliance narrowing what can lawfully be checked, criminal record screening liability, income and identity verification, and pre-vetted renter network models.
Application fraud is rising, AI-generated documents are everywhere, and regulation is tightening. How leading multifamily operators screen applicants in 2026.
