Investor focused.
Connecting People, Data, Insights

Real Assets Adviser

June 1, 2015: Vol. 2, Number 6



The Grinder: Dave Pottruck, the defrocked CEO of Charles Schwab, is back in the billions with HighTower Advisors

Author: Mike Consol

The hands. That is one of the first things you notice about Dave Pottruck. They are big, even in relationship to his bearish body.

They are the same hands that used to drag men down to the mat and gridiron at the University of Pennsylvania, where he was named Most Valuable Player on both the varsity wrestling and football teams. He later won a gold medal in wrestling at the Jewish Olympics.

To read this full article you need to be subscribed to Real Assets Adviser

Subscribe Now Login

Real Assets Adviser

June 1, 2015: Vol. 2, Number 6



Going for the Backbone: Investors like how infrastructure combines growth with bond-like cash flow

Author: Sheila Hopkins

Alternative investments have been around for almost as long as investors have been investing in stocks and bonds. They were originally marketed to those with a high tolerance for risk and the ability to absorb large losses — these were not investments for wealth preservation or a retirement portfolio. In recent years, however, the term “alternative” has evolved to simply mean anything besides stocks and bonds. Some alternatives, such as real estate, are now considered a mainstream investment. Others are getting close. 

To read this full article you need to be subscribed to Real Assets Adviser

Subscribe Now Login

Real Assets Adviser

June 1, 2015: Vol. 2, Number 6



Cooling Their Heels: After years of strong growth, REITs are expected to perform more modestly in 2015

Author: Susan Persin

Publicly traded REITs have experienced a long bull market, posting positive returns for more than half a decade. Investors have flocked to the sector, attracted by its strong dividend yields in the current low–interest rate environment. At the same time, low interest rates have allowed REITs to borrow money cheaply for expansion.

To read this full article you need to be subscribed to Real Assets Adviser

Subscribe Now Login

Real Assets Adviser

June 1, 2015: Vol. 2, Number 6



Welcome to the Machine: As technology unfurls, real estate markets alter course

Author: Steve Bergsman

If one looks at the history of technology and investment in real estate, it would unfold in a structure not much different than that of a classic, three-act play. The drama of the story, if not the tragedy, is introduced in Act One; the response to the onset of the drama unfolds in Act Two; and we behold the bright and sunny future in Act Three.

To read this full article you need to be subscribed to Real Assets Adviser

Subscribe Now Login

Real Assets Adviser

June 1, 2015: Vol. 2, Number 6



Making the Grade: Real estate goes to school

Author: Michael Lester

This isn’t your father’s dormitory. This isn’t even your dormitory.

In the past 10 years, student housing in America has changed dramatically. When you went to college, you probably shared a room, and the bathroom was at the end of the hall. Today’s college dorms usually have private bedrooms and bathrooms. After your freshman year, you probably lived off-campus in a funky house shared with too many fellow students, or in a run-down apartment rented from an absentee alumnus. Today, new off-campus housing built for the millennial generation has James Beard restaurants, spas, sundecks, and supportive, accessible staff.

To read this full article you need to be subscribed to Real Assets Adviser

Subscribe Now Login

Real Assets Adviser

June 1, 2015: Vol. 2, Number 6



The Rapid Rise of Crowdfunding: It is helping investors locate deals with unprecedented speed and efficiency

Author: Michael Howe

Crowdfunding is attracting quite the crowd when it comes to real estate investing. 

To read this full article you need to be subscribed to Real Assets Adviser

Subscribe Now Login

Real Assets Adviser

June 1, 2015: Vol. 2, Number 6



Wanted: Trillions of Dollars: New financial instruments might finally put sorely needed private dollars to work

Author: Andree Blais

Many have reported on the trillions of dollars needed to meet the nation’s infrastructure needs. We are all acutely aware of the challenges the public sector is facing finding money to develop public assets.  The overall conclusion is that private capital is essential to address the infrastructure gap. 

To read this full article you need to be subscribed to Real Assets Adviser

Subscribe Now Login

Real Assets Adviser

June 1, 2015: Vol. 2, Number 6



Fracked Again: With oil prices half of what they used to be, energy companies turn to 'refracking' to maintain a profit margin

Author: Carl Larry

We are in a strange new place in oil drilling, and we all can take a guess that I am talking about fracking. This is a good start, but as quickly as we have come to understand “fracking” or horizontal drilling, we are already seeing changes in this drilling method.

To read this full article you need to be subscribed to Real Assets Adviser

Subscribe Now Login

Real Assets Adviser

June 1, 2015: Vol. 2, Number 6



An Asset Standing the Test of Time: Some investors are seeing the forest for the trees

Author: Zoe Wolff

There is one investment that stands tall in all economic environments — and sometimes even produces significant yields.

To read this full article you need to be subscribed to Real Assets Adviser

Subscribe Now Login

Real Assets Adviser

June 1, 2015: Vol. 2, Number 6



Higher Learning: Some investors are majoring in student housing and liking their long-term prospects

Author: Tom Errath

Higher education continues to be the path to advancement in the United States despite the ongoing debate about the value and cost of a college degree. College graduates will out-earn and are less likely to be unemployed than non- degree holders during their ensuing careers. 

To read this full article you need to be subscribed to Real Assets Adviser

Subscribe Now Login

Real Assets Adviser

June 1, 2015: Vol. 2, Number 6



The Hybrid Office: A major shift is under way in U.S. workspaces

Author: Melissa Reagen and Brandi Lundberg

Walk into any of WeWork’s offices to find artisan coffee, shuffleboard and foosball tables, free food, a wine cellar, contemporary artwork and open communal space that resembles the studio floor of a cutting-edge furniture shop. The tenants are mostly Internet start-ups that pay for office space by the month and thrive from being surrounded by like-minded companies.

To read this full article you need to be subscribed to Real Assets Adviser

Subscribe Now Login

Real Assets Adviser

June 1, 2015: Vol. 2, Number 6



Learning from the Greeks: The 'march of folly' is written deeply into human DNA

Author: Hugh Kelly

Commercial property investors, like investors in stock and bond portfolios, love to borrow from the Greeks. This is not meant in the sense that the Greeks themselves loved to borrow from German banks a decade ago, only to wind up Europe’s test case for working out national fiscal policy when a common currency places monetary policy outside a country’s domain. I mean instead the easy adoption of the Greek alphabet to describe investment approaches.

To read this full article you need to be subscribed to Real Assets Adviser

Subscribe Now Login

Real Assets Adviser

June 1, 2015: Vol. 2, Number 6



Oh, Baby! Declining fertility rates could reduce global growth rates to a crawl.

Author: Byron Wien

We were all lucky to be born at the right time. Over the past 50 years, world GDP growth has been averaging 3.6 percent, driven by employment increases and productivity improvements in roughly equal proportions. An exhaustive and important study by the McKinsey Global Institute concludes that during the next 50 years, population growth will decline to 0.3 percent annually. 

To read this full article you need to be subscribed to Real Assets Adviser

Subscribe Now Login