Zillow reports that millennials — those ages 18-34 — now account for 42 percent of today’s home buyers, which is more than other generations. Why is the housing market suddenly seeing an influx of millennial buyers? How do they differ from generations of previous homebuyers? Gregg Gerken, an executive with TD Bank, joins us to discuss this trends statistical and anecdotal features. (11/2017)
Venture capital is among the many types of alternatives available to investors, but what does it take to build young companies in the high-risk realm of VC investing? What must venture investors offer startup companies besides money to make them successful? Is it best for a company to be first to market, or is there a “second-mover advantage?” Carter Williams, CEO of iSelectFund, a venture investor that funds young companies involved in technology, agriculture, health care, pharmaceuticals, genomics and other categories, is our guest to answer these and other questions.
The 2017 art and finance report produced by Deloitte has estimated that $1.6 trillion in art and collectible wealth is held globally by the ultra-wealthy, and that number is forecast to grow to $2.6 trillion within a decade. To walk us through the findings of the 272-page report, we are joined by Phillip Ashley Klein, the man who spearheads Deloitte’s art and finance practice in the United States. (11/2017)
What is the biggest weakness in the current approach by sponsors to product development? What are the ramifications of those weaknesses? How will new regulations affect product development? With institutional players such as Blackstone, Brookfield and TH Real Estate moving into the private wealth space, how will they change product development for individual investors and family offices? Joining us to discuss those issues is Steve Kantor, CEO of S2K Financial, a New York City-based alternative investment firm. (11/2017)
The following podcast is an edited recording of a recent conversation between Real Assets Adviser editor Mike Consol and Ron Carson, founder and CEO of the Carson Group, regarding Carson Group’s recently completed Excell Conference and the recent rebranding of his firm.
Geoffrey Dohrmann, founder and CEO of Institutional Real Estate, Inc., has returned from a whirlwind event tour and he offers an overview of the goings-on at Springboard (San Diego), PREA (Chicago), ADISA (Las Vegas), ANREV (Singapore), a board of trustees meeting for the Bailard REIT (San Francisco), the editorial advisory board meeting for the company’s Asia-Pacific magazine (Kyoto, Japan), as well as the Institute for Real Estate Operating Companies first inaugural board meeting (Chicago). Still to come after the Thanksgiving holiday is the company’s CEO Summit (New York City) and a meeting with IREI sponsor UBS in Hartford, Conn. (11/2017)
What are the various roles debt is playing in the current real estate market? How does an investor use debt to increase real estate values and produce income? What are the keys to successfully flipping a real estate asset? And are debt investing opportunities good during booms and busts? Andres Sandate, managing director of Cygnus Capital Real Estate Advisors, joins the program to discuss. (11/2017)
People, especially millennials, wanted to live and work in downtowns, and the real estate industry responded. But the pendulum appears poised to swing back in the suburbs direction. Loretta Clodfelter, the story’s author and editor of Institutional Real Estate Americas, joins us to discuss that trend, as well as the latest on multifamily housing and the magazine’s recent Editorial Advisory Board meeting in Cape Code. (11/2017)
There are now enough ultra-high-net-worth families around the world to fill a football stadium, and the number of $30-million-plus families is expanding about 2 percent per year. Fifty percent of their portfolios, on average, are devoted to illiquid investments, and they hold five- to 10-times more cash than high-net-worth families. Bob Miller, CEO of Private Client Resources, which researches ultra-rich families, is our guest. (11/2017)
KBS Realty Advisors, one of the industry’s largest owners of office space, has debuted an online real estate platform named KBSDirect.com for accredited investors and advisers to directly invest in the KBS Growth & Income REIT, a portfolio of institutional-grade commercial real estate properties — the first of what promises to be several real estate products added to the platform over time. Chuck Schreiber, CEO of KBS, joins us to explain the new venture (11/2017)