Alternative niches have made their way into core real estate. In an interview published in the December issue of Institutional Real Estate Americas, David Selznick, CIO of Kayne Anderson Real Estate, and Kyle Mayes, senior managing director, fund management, core, discuss this evolving definition of core real estate.
“Our job is to give investors dividends today, a year from now and five years from now, with growth over time. That’s what drives our core investment strategy,” says Selznick.
“An alternative core portfolio should have recession-resistant characteristics that will provide investors with a stable allocation that shows minimal correlation to their other real estate allocations and other asset classes,” say Mayes.
To access a pdf of the interview, click here.
