Contributor
New York, NY
Workplace strategy and proptech advisor; former JLL and WeWork.
Self-storage, infill industrial, manufactured housing, grocery-anchored retail. None of them headline a conference. All of them have quietly outperformed flashier sectors through the repricing. Durability Beats Narrative Boring assets share a profile: sticky demand, low capex…
The smart building was supposed to be a moat. Instead, residents are routing around it. In buildings across the country, tenants are wiring their own sensors to legacy thermostats, scripting their own package notifications, and using consumer AI assistants to file maintenance…
Cameras that count people were just the start. The new generation of computer vision reads loading dock dwell times, scores landscaping condition from drone passes, and flags roof membrane wear before water ever gets in. Operational Alpha, With Caveats The operators piloting…
For a decade, zoning reform was a conference panel topic and little else. In the past two years it has become statute in a growing list of states and cities, and the development math is shifting with it. Watch the By-Right Pathway The reforms that matter are the ones that make…
Every deal calls itself value-add because the term sells. Properly, it means buying an asset with a fixable problem and a credible plan to fix it for a profit. A Plan, Not a Hope Real value-add has a specific lever: renovate units to push rents, cut a bloated expense, fix a…
As senior lenders cut leverage, the gap between the loan and the equity widened — and preferred equity rushed in to fill it. It is one of the defining structures of this market. Debt-Like, Equity-Adjacent Preferred equity sits above common equity and below the senior loan,…
A master-planned community lives or dies on its anchor — the use that gives early residents a reason to be there before the rest exists. Choosing it wrong dooms everything downstream. The Cold-Start of Place Like any network, a new community faces a cold-start problem: amenities…