SPONSORED: Why now may be a good time for a value-add strategy

For patient investors, the dissonance caused by rising rates and geopolitical uncertainty is exposing some opportunities for investors to achieve value-added returns, explains Tyson Skillings, managing partner for Rockwood Capital. In an interview published in the December issues of Institutional Real Estate Americas, Institutional Real Estate Europe and Institutional Real Estate Asia Pacific, Skillings says, “The uncertainty in the market is putting upward pressure on exit cap rates. The real estate market is in a price-discovery phase. The bid-ask spread between buyers and sellers continues to widen, with pockets of dislocation and distress forming, as risk gets repriced across sectors.” Skillings argues these conditions make it a “great time to be a value-added investor,” with that value being created by active asset management, rather than financial engineering. To access a pdf of the Sponsored Section,