Kingbird Senior Managing Director Ken Munkacy outlines the reasons that Registered Investment Advisors (RIAs) should take a page from the playbooks of family offices and consider private real estate investments as they look for alternative investment opportunities that will sustain value and cash flow.
Mike Consol at Real Assets Advisor interviewed Ken Munkacy about family offices and their commitments to real estate in this precarious economic time. As family offices try to rebalance their portfolios following losses and readjustments during the COVID era, Ken shares the strategies family offices are executing when it comes to real estate.
As the recession grips the equity and debt markets, the extreme market dislocation caused by COVID-19 has initiated many investors to look for alternative investment opportunities that will sustain value and cash flow through a downturn and be well-positioned when the recovery begins. Alternative asset classes, and multifamily real estate in particular, can add increased stability to a portfolio in a highly volatile macro environment.
“In a rising market, everyone makes money”; however, it is in a volatile recessionary environment where uncertainty abounds that historically effective investment strategies are truly tested. In these volatile environments, an appetite for risk and rapid growth is often substituted with a desire for fundamentals driven stability and superior risk-adjusted returns. The extreme market dislocation caused by COVID-19 has incentivized investors to reevaluate their portfolios and reassess their market risk. As the recession grips the equity and debt markets, this whitepaper explores how alternative asset classes, particularly multifamily real estate, can add increased stability to a portfolio in a highly volatile macro environment.
Ken Munkacy spoke to Vishesh Raisinghani of Market Currents Wealth Management about the case for family offices to look beyond luxury real estate investments. Ken and Vishesh explore Kingbird’s investment strategy, and why the firm is betting on workforce housing in secondary and tertiary markets.
Market Currents Wealth Management interviewed Kingbird’s COO Luis Raúl Solá who discussed how climate change is impacting the management and mitigation of real estate risks. The external forces have impacted the way in which companies must take precautionary measures, narrow location criteria to account for location preparedness and create severe weather plans for buildings.
