SPONSORED: Debt looks inviting for short-term investor; equity, for longer-term horizon

With negative- and low-interest rates around the world and the influx of central-bank capital flowing into the marketplace as a response to the pandemic, investing in real estate debt may be more compelling for a short-term investor, while equity might be the better choice for investors with a 10- to 15-year investment horizon, suggests Michael Comparato, managing director and head of commercial real estate of Benefit Street Partners, in an interview published with the September issue of Institutional Real Estate Americas. Comparato describes Benefit Street’s strategy of investing across the capital stack and the firm’s more recent foray into its opportunistic debt strategy, as the world emerges from the COVID-19 pandemic. To access a pdf of the Sponsored Section, click here.