Q&A: Inland CEO discusses alternative property sectors and shift of demographics
The definition core property investments is changing from the traditional office, apartments, industrial and retail sectors to include student housing, self-storage, medical office buildings and senior living. According to Keith Lampi, CEO of Inland Private Capital Corp., alternative sectors are attractive core assets, given the strong returns, limited downside volatility and resilience during economic cycles. The change can be seen because of demographic drivers and needs (aging baby boomers and increased college enrollment). In a Q&A with IREI, Lampi discussed the future of alternative property sectors.
How would you define core investments with today’s trends and outlooks?
Lampi: Historically, traditional core real estate investment sectors have been defined as retail, office, industri