Some Real Estate Takeaways From a Recent Single Family Office Conference

Last week i had the chance to go to the Single Family Office Conference in New York City held by Wilson Conferences. During the conference i had the opportunity to sit on a real estate panel and here is one of the takeaways from the conference.

"Housing is seen by some family offices as a safe security. As one family office put it on our real estate panel, "It's defensive to invest in anything related to housing. Bob Faith, the CEO in the Charleston, N.C. office of multifamily real estate money manager Greystar Real Estate Partners commented, "Housing is way less volatile than other real estate product types." As with other asset classes, the geography and quality of the investments matters; so to with real estate as specific tier 1 markets like New York and Miami have very low cap rates relative to other markets like suburbs of Denver, where one single family office is based and investing locally. "

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