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.
Written interviews and Q&As from Thesis Driven with the people building, funding and governing real estate. Conversations cover how operators found a niche and what they got wrong, how sponsors get underwritten when the market turns, why founders picked the model they did, and how housing policy actually gets made, at enough length for the reasoning to show rather than just the conclusion.
