Other Americas named most affordable region for luxury lifestyle The Americas is the most affordable region for living a luxury lifestyle this year, according…
Other CalSTRS invests in two BlackRock low-carbon ETFs The California State Teachers’ Retirement System (CalSTRS) has invested in two new low-carbon transition readiness…
Energy Global wind power industry to add 1TW of new capacity by 2030 The global wind power industry broke records in 2020, with 114 gigawatts of new wind…
From the Current Issue The distress around distressed debt funds by Steve Bergsman The COVID-19 pandemic has introduced dislocation within real estate markets, and lending markets have experienced some shake-ups. That has meant potential debt-investment opportunities. “The current commercial real estate lending market is favorable and offers attractive risk-adjusted returns for investors who are well capitalized and able to respond nimbly to what we expect will be an evolving opportunity set,” says Matt Salem, partner and head of KKR’s real estate credit business. In mid-autumn 2020, the Federal Open Market Committee warned small- and medium-size banks could face stress from defaults on loans to commercial real estate if consumers continued to avoid traveling and shopping. That was also a concern for the real estate debt–fund industry; in the aftermath of the great financial crisis, more stringent banking regulations were put in place, and since then, banks have been underwriting the most secure property loans. In short, the banks had the best pricing and the best transactions. So, if the banks were stressed, where does that leave other types of lenders?
From the Current Issue Data centers going green by Sheila Hopkins It wasn’t very long ago that a data center was simply a corner cubicle where an employee input data into the company’s database — which was often just multiple excel worksheets or perhaps the buggy Filemaker program — for eight hours a day. If anyone needed that data, they had to ask the data inputter to find the appropriate pages, print them off and deliver them to the requester. Rarely was this accomplished within the hour or even several hours. If it was an external request, those pages had to be faxed or mailed. Things moved at a slower pace in those days.
Featured Event Real Assets Adviser Editorial Advisory Board Meeting The April 26-29, 2021 virtual meeting of the Editorial Advisory Board for Real Assets Adviser magazine…
Resource Center Author Spotlight: First woman to run a Wall Street hedge fund discusses intuitive investing
Infrastructure Canadian consultant appointed to Mexican plan for $3.3b North American logistics corridor Engage Construction Management and Consulting has been selected to work on part of a $3.3…
Real Estate Alternatives set to become larger share of private real estate investment Alternative property types could make up nearly 50 percent of real estate portfolios by 2030,…
Real Estate Caruso to accept bitcoin as rent payment for residential and retail properties Caruso announced its investment into cryptocurrency through a partnership with Gemini, a cryptocurrency exchange and…
From the Current Issue Cryptocurrencies: capturing the attention and ambitions of world governments by Mike Consol Investor interest in bitcoin and other cryptocurrencies have not gone unnoticed by governments, including the United States. Jerome Powell said the Federal Reserve is seriously considering creating a digital dollar that would exist alongside the traditional dollar. The European Central Bank chief wants to do the same for the euro. In fact, a recent survey found 86 percent of central banks are exploring the idea, according to a report by Fareed Zakaria on The Global Public Square.
From the Current Issue Gold, silver, bitcoin: Investors keep an eye on safe havens as governments gorge on debt by Mike Consol The economic landscape for gold is becoming more complex, as bitcoin competes with gold for safe-haven status. As the U.S. Federal Reserve Bank and other central banks pursue monetary policies and growing their balance sheets to record levels, the threat of global currency debasement is real, according to some observers, leading some investors to seek safe havens such as gold and bitcoin. The issue might not be whether gold or bitcoin is a safer haven, because any alternative asset that will protect wealth will become a necessity if purchasing power begins to flag.