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.
Zoning and land use rules, and how they change. Thesis Driven examines rezonings and area plans, ADU and missing middle legalization, parking reform, inclusionary requirements, entitlement and design review, building code reform including single stair, builder's remedy and ministerial approval, preemption fights between states and cities, court rulings that reset the rules, and the local board decisions that unlock or block projects.
While challenges to single-family zoning draw attention, other reforms could have an even bigger impact. Real estate investors should be paying attention.
California's "remedy" offers GPs tantalizing relief from cities' strict zoning codes and Byzantine processes. But does it offer a practical opportunity for real estate operators and investors?
The growing need for last-mile logistics drives a new generation of distribution centers that are very different than their predecessors, creating opportunities in unexpected places.
