A Quadrant Approach to Commercial Real Estate Investing: Part 1, Introduction
Jun 18, 2024, 11:15 AM
by
Michael Leahy
The four primary ways investors can gain exposure to commercial real estate are private equity, public equity, private debt and public debt. This Viewpoint is the first in a series that will explore the relationship between each investment vehicle, or quadrant, which is complex and highly interdependent.
The series explains how tangible buildings connect to intangible international capital markets, shedding light on the underlying structures that drive performance and pricing.
Operating across all investment quadrants allows for risk moderation based on geographic investment performance expectations.
1 CBRE Econometric Advisors invited Dr. Randall Zisler to co-author this paper on the real estate quadrants. His unique approach reflects a multifaceted career as a Princeton University professor, Goldman Sachs research director, pension fund consultant, and investment banker.