A small, considered set of observations on the markets we participate in — published when we have something genuinely useful to say.
The medical office sector is repricing on its own terms. We unpack the drivers behind divergent yields and what they mean for long-hold capital.
How the right structure can unlock balance-sheet efficiency for operators while delivering durable yield to capital partners.
A practitioner's view on the difference between transactional capital and partnership capital — and why operators increasingly prefer the latter.
Population, jobs, and the case for staying invested in markets others have started to underwrite more cautiously.
A short note on why our best alternatives positions have come from existing partners, not from new diligence.
