Started By
Message

re: Homebuilders cancelling contracts to sell for more on market

Posted on 3/29/22 at 12:51 pm to
Posted by hubreb
Member since Nov 2008
1854 posts
Posted on 3/29/22 at 12:51 pm to
quote:

LSUFanHouston

I know you are trying to be cute, but



With out getting into to much detail - let me just say that I know a whole more about this than the dribble you have been posting in this thread

a few things
- the rental property funds are not hedge fund strategies, but rather low income / libor enhanced plus type returns...biggest buyers are short duration buyers

the PMs don't own significant amounts of anything with regards to managers like Black Rock - they manage nearly 10 trillion

unless something has changed lately, the largest single family real estate fund was owned by Black Stone...they started the strategy a long time ago...there are also a few european managers that have had groups in the US buying single family real estate for EU country pensions, know a couple personally
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37202 posts
Posted on 3/29/22 at 1:22 pm to
quote:

- the rental property funds are not hedge fund strategies, but rather low income / libor enhanced plus type returns...biggest buyers are short duration buyers


How long is the short duration? Do you expect them to start selling the moment the market turns?

quote:

the PMs don't own significant amounts of anything with regards to managers like Black Rock - they manage nearly 10 trillion


They own enough of it that they fight like tooth and nail to keep carried interest from being ordinary income. They also know (correctly) that real estate is a GREAT investment strategy to grown wealth. Aren't many of them paid fees based upon assets under management?
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram