What’s cool becomes uncool. And then cool again. The 80’s and 90’s may officially be over but they’ll never die. Just check out my cool parachute pants I got on the Amazon.com! Same for real estate, and apparently the same for suburban office buildings, which were left for dead as relics of the old way of working. Thankfully, cash flow never lies, which is what matters to us at Streitwise. Because cash flow = money. Ah, but what IS money one may ask? Great question, we’ve got you covered in a tidy little explanation below. But anyway, we know things are cyclical. So when should we expect reversion to the mean?
¯\_(ツ)_/¯
That’s your view from the stREIT. Have a great weekend!
- Suburban Offices Are Cool Again (Bloomberg)
- Indianapolis bucks the trend to become a hotbed for startups (Axios)
- When Mean Reversion Fails (Pension Partners)
- Fiat money is very effective (interfluidity.com)
- In Search of the Next Genius Bar (Slate)
Eliot Bencuya is the co-founder and CEO of Streitwise. Eliot has extensive experience identifying, underwriting, and executing value-add real estate investments.
Prior to forming Streitwise, he was a Vice President of Acquisitions for Canyon Capital Realty Advisors and the Canyon-Johnson Urban Funds, where he was responsible for originating, underwriting, structuring and executing transactions in the Pacific Northwest, Northern California and Midwest regions. Mr. Bencuya also held positions at Sovereign Investment Company (a subsidiary of the Marcus and Millichap Company) and the investment banking division of Merrill Lynch & Co. He holds a Bachelor of Arts degree in Economics and International Studies from Yale University, and a Masters of Business Administration degree from the Haas School of Business at the University of California, Berkeley. Mr. Bencuya is a member of ULI.
