Once we have a new adminsitration we will have a much better future

the risks of offshore investing are growing rapidly.

pricing for multifamily has risen to a point that many deals no longer make economic sense

Office new build is likely to lag for many years

Cap rates have gotten too low and there is a black swan risk and interest rate rise risk looming.

Tech is changing how many companies operate and so their needs for real estate

Things never really change. Covenant light is back, underwriting is slipping slowly.

Between Iraq, Syria, and Ukraine, and a withdrawal by the US from the world leadership, the risks to investors are rising rapidly and many things are less than apparent.