August 18, 2026 3 min read
Where to be Overpaid for Risk & Underpay for Capital
I am writing about investing dollars – and receiving dollars – in real estate, and seeking to answer two questions: Where are you Overpaid for Risk as an Investor? Where are you Underpaying for Capital as a Sponsor? Overpaid for Risk There are often times when Investors have the chance to be Overpaid for Risk. These occur usually as a result of extraneous factors, including: Media over-hype/under-hype holds sway A major challenge to the asset class Investors are shunning the asset class, making capital raising difficult General macro forces, such as political unrest, etc.
Read MoreMay 21, 2026 3 min read
The Death of 90/10? – Deal Structuring 2.0
Everyone wants what they can’t have. And it is so hard to let go of the past. As you know, I spend a lot of time trying to help sponsors find capital and, at the same time, trying to help investors with capital put it to use. This leads me to hear the laments of all sides.
Read MoreOctober 15, 2025 5 min read
Where to be Overpaid for Risk
My belief is that real estate investing – and logically all investing – can be broken down to just four words: Being Overpaid for Risk I know I have said this many times before in a bunch of articles; however, it is a theme I do believe in, so I will continue with it.
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