Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Jesse Serwer is managing editor of Real Estate New York.

NEW YORK CITY-Investors looking to take advantage of recent trends in the real estate market would do best to keep their options as diverse as possible, said speakers at Tuesday’s RealShare National Investor Forum hosted by Real Estate Media Network, parent company of GlobeSt.com and Real Estate Forum.

“We’re moving into self-storage, senior housing, student housing,” said Rick Schaupp, vice president with ING Clarion Partners, of his company’s moves toward diversifying its portfolio, during the “Winning In The Opportunistic Investment And Value-Add Game.”

Cia Buckley, president, US fund business at JER Realty, illustrated the approach behind her company’s recent buying spree while making the keynote address at Tuesday’s conference. “Our approach has been to target pockets of distressed properties,” Buckley said. “We are increasingly active in the healthcare sector. There’s emerging stability in the industry after a painful restructuring.”

The conference, held at Manhattan’s Roosevelt Hotel, also featured panels such as “Private Equity Update: Is Too Much Money Chasing Too Few Assets” and “Human Capital: Attracting and Retaining Talent in a Frenzied Investment Climate”, as well as Buckley’s keynote speech and an opening investment market snapshot provided by Hessam Nadji, managing director with Marcus & Millichap. Opening remarks were made by Michael Desiato, group publisher and editorial director at Real Estate Media.

During the National Investor Forum Power Panel, talk moved abroad as panelists weighed the benefits of investment in the US vs. European markets. “The baby boom in Europe started a lot later than in the US,” said Allan Saunderson, managing editor of the Germany-based Property Finance Europe, citing Germany and Italy as two European markets yet to fully emerge. Another market undergoing changes, said Saunderson, is the United Kingdom, where new legislation will soon establish that country’s first slate of REITs, though a number of publicly traded property companies already exist. “About 70% of them will translate into REITs because of the obvious tax breaks,” Saunderson said.

There is an opposite trend, however, in the US, where several major REITs controlled primarily by family interests have recently returned to operating as private companies.”The reason REITs came into existence was to save overleveraged development,” said Lee Neibart, senior partner with Apollo Real Estate Advisors, during the National Investor Forum Power Panel. “Those days are over: everyone is organized. If you’re private, all of the upside is yours so I think you will see everyone who can go private.”

Both Nadji and Buckley directed investors to look toward the office market, which was somewhat overlooked during the recent housing and retail booms. “We expect an increase in the underlying demand for office space partly because office development has been so restrained,” Buckley said.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt
Live Chat

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.