Serious investment thinking that doesn’t take itself too seriously.
Investment themes and trends
Too high? Too low? Just right? What do Real Estate, VC and PE have to say for themselves? We’re back. One victory lap, one ‘more of the gloomy same,’ and one green shoot of Spring. home values are not so high (says the smart money, and not just Random Walk) VC asset values are not so high (or at...
Rents-not-rising, but some markets are (a lot) better than others, a tale of four regions, good and bad news from CMBS, Bye-bye biotech, hello loneliness (reprise) Rents are not...
Rising populism threatens to end institutional SFR as we know it. What happens next and who are the likely winners and losers? Single-family rentals have been one of the...
The debate about explicit Discounted Cash Flow (DCF) dates back at least as far as the Mallinson Report in 1994. This debate has been rekindled by the RICS’ “Independent Review...
This article is part of our Premium Content Stream, a new Property Chronicle initiative to bring you additional high quality analysis of multiple asset classes. It is currently...
The zeitgeist feels gloomy, but there is cheer from commercial real estate: the bottom is near (maybe)
Silicon Valley Bank was at the right place, at the right time. We’re talking one-in-a-million here. SVB was founded in 1983 in Santa Clara, California, to provide financial services to technology and VC-backed companies.
Gold is immutable and permanent. It is exactly as it was when the solar system was formed billions of years ago. It does not change. It doesn’t corrode, it does not tarnish....
Since the time of Noah, demographics has always been a friend of real estate. The English economist Malthus made a name for himself by postulating that while food supplies grow...
“A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.” Markets are watching Commercial Real Estate, nervous the sector may...