NEW YORK CITY—Last month, Faris Lee president and CEO Rick Chichester described for our readers the “moderate” investor outlook for the coming year. In this follow-up video interview, he does a deeper dive into the outlook based on investors’ appetite for risk.
“It’s not the market,” says Chichester. “Capital is flush and interest rates are extremely attractive. It’s concern about where we are in the retail adjustment cycle.”
The question, of course, is how that plays out in core versus value-add versus opportunistic strategies. Click the video to find out.