Investment themes we track

Affordable housing real estate development is a critical and growing sector, addressing the pressing need for housing that is accessible to low and moderate-income individuals a…

Condominium real estate development involves constructing multifamily residential units, where each unit is individually owned while shared spaces are jointly owned.

Low-Income Housing Tax Credits (LIHTC) are a critical financing tool for affordable housing developments in the United States.

Core multifamily investing refers to acquiring well-located, stabilized apartment buildings that require minimal capital expenditures.

Ground-up multifamily real estate development involves constructing new apartment buildings from scratch, generally yielding higher potential returns but at increased risk and c…

Value-add multifamily real estate development involves acquiring and improving existing apartment buildings to boost their value and increase rental income.

Workforce housing, also known as Naturally Occurring Affordable Housing (NOAH), plays a crucial role in the real estate market by providing affordable living options for middle-…

The development of new real estate communities that de-prioritize cars and parking is a burgeoning trend, reflecting a shift towards more sustainable and pedestrian-friendly urb…

Co-living real estate development, a modern form of communal living, has been gaining traction, particularly in urban areas where housing affordability is a growing concern.

Apartment buildings designed specifically for families are a growing segment in the real estate market, addressing the unique needs of family living in urban settings.

Micro-apartment multifamily real estate involves developing and investing in compact, fully functional living spaces, typically between 200-400 square feet.

Military housing real estate development in the United States is a specialized sector, addressing the unique housing needs of military personnel and their families.

Multi-generational living spaces, designed to accommodate multiple generations under one roof, are gaining popularity in the housing market.

Senior housing real estate development is a rapidly growing sector, driven by an aging population and increasing demand for specialized housing solutions for the elderly.

Student housing real estate development in the United States is a vibrant and evolving sector, catering to the housing needs of over 19.7 million college and university students.

Accessory Dwelling Unit (ADU) real estate development has gained significant momentum as an innovative solution to housing shortages and affordability issues.

Manufactured housing real estate development involves the creation and management of communities where prefabricated homes, or "mobile homes," are situated.

Single-family real estate development, or homebuilding, is a significant sector in the U.S.

Single-family rental (SFR) real estate development has experienced robust growth over the past decade, emerging as a significant component of the housing market.

Car washes are an emerging real estate asset class that combine operating business cash flow with underlying real property value.

Industrial real estate development in the United States has been experiencing robust growth, driven primarily by the surge in e-commerce and the need for efficient logistics and…

Industrial outdoor storage (IOS) is a niche but rapidly institutionalizing real estate asset class focused on land sites used to store equipment, vehicles, containers, or materi…

Life science real estate development in the United States is a rapidly growing segment, driven by burgeoning demand from biotech firms, pharmaceutical companies, and research in…

Logistics space includes distribution warehouses as well as fulfillment centers.

The managed or flex office sector, characterized by its flexible leasing terms and shared amenities, has seen substantial growth, particularly in the wake of changing workplace…

The medical office market presents an intriguing blend of real estate and healthcare dynamics.

Self-storage real estate development in the United States has been expanding steadily, catering to a diverse range of needs from personal storage to business use.

Small-bay industrial properties are a fast-growing subsector of the broader industrial real estate market, defined by smaller footprints—typically 2,000 to 20,000 square feet—an…

Standalone retail development refers to commercial properties including single-tenant retail boxes as well as malls and power centers.

Suburban office buildings are outside of the center of cities.

Urban office real estate is a highly sought-after asset class, often commanding premium prices due to its location in business districts of major cities.

Golf courses occupy a unique position in the real estate landscape, blending operating-business dynamics with significant underlying land value.

Hospitality real estate development is a dynamic sector, continually adapting to changing consumer preferences and travel trends.

Marinas represent a unique and specialized segment within the real estate asset class.

Membership clubs are a hybrid real estate and operating business model centered on exclusivity, experience, and recurring revenue.

RV parks, or recreational vehicle parks, are an increasingly institutionalized niche within the broader hospitality and outdoor recreation real estate landscape.

Resorts are a hybrid real estate asset class that blend hospitality, leisure, and in many cases, residential or mixed-use components.

Short-term rental real estate development focuses on properties leased for shorter periods, often through platforms like Airbnb or VRBO.

Land banking involves holding or aggregating land for future sale or development.

Data-driven investing in real estate is transforming the industry, leveraging big data and analytics to make more informed investment decisions.

Historic tax credit (HTC) real estate development in the United States plays a crucial role in preserving and revitalizing historic buildings while stimulating economic growth.

Hotel-to-residential conversions have emerged as a notable trend in the real estate market, responding to shifts in the demand for living spaces and the underutilization of hote…

Office-to-residential conversions have become an area of significant interest in real estate development, particularly in the context of shifting work patterns and urban housing…

The OpCo-PropCo structure is a strategic approach in real estate investment that separates the operational aspects of a business (OpCo) from its property ownership (PropCo).

Opportunity Zones are designated areas offering tax incentives to encourage long-term investment in economically distressed communities.

Placemaking represents a strategic approach to creating spaces that foster community, connectivity, and a sense of belonging.

Preferred equity investing in real estate is a strategic approach that sits between senior debt and common equity in the capital stack, offering a unique balance of risk and ret…

Agricultural real estate is one of the oldest and most enduring asset classes, centered on income-producing farmland used for crops, livestock, or specialty products such as vin…

Data center real estate development in the United States is a rapidly expanding sector, driven by an insatiable demand for data storage and processing capabilities.

Infrastructure real estate development encompasses large-scale projects aimed at creating or improving facilities that support communities and economies.

Schools occupy a distinct niche within the real estate landscape, straddling institutional, community, and commercial categories.

Solar farms are a rapidly maturing real estate asset class that merges infrastructure investment with land development.