The 60/40 portfolio is outdated
You may have seen in the press recently BlackRock Chairman & CEO, Larry Fink is challenging the 73 year old investing principle of the 60/40 portfolio. In fact in his 2025 annual letter to investors he says Diversification has been called the “only free lunch.” It was the motivating idea that led Nobel Prize-winning economists like Harry Markowitz and Bill Sharpe to develop Modern Portfolio Theory, which became the foundation for the standard portfolio of roughly 60% stocks and 40% bonds. Generations of investors have done well following this approach, owning a mix of the entire market rather than individual securities. ...
Understanding the 721 Exchange: How to Potentially Defer Taxes on your Real Estate
Understanding the 721 Exchange: How to Potentially Defer Taxes and Boost Your Real Estate Portfolio Please note this content is for informational purposes only. Please always consult your tax advisor. Many in the real estate world have heard about something called a "721 Exchange." It might sound complicated, but it's actually a straightforward and powerful strategy to possibly defer taxes for some while transitioning real estate holdings into a diversified and professionally managed portfolio. So, What Exactly is a 721 Exchange? Simply put, a 721 Exchange allows a property owner to contribute a property directly into a Real ...
Is BlackRock’s Recent Success Just a One-Time Occurrence or More Success for Private Equity is Anticipated?
The most recent reports on Blackstone's performance are attracting a lot of attention, and for good reason. A 149% yearly increase in fee-related annual performance revenues is impressive. When you add in the $41.3 billion in new private equity investments and the $352 billion in total private equity assets, it is clear that the private markets giant is having a great time. The question is whether this upturn is transitory or a sign that private equity and alternative investments are becoming mainstays for institutional and ultra-wealthy investors. Alternative Investments' Increasing Importance The use of alternative investment strategies - including real ...
The Role of Alternatives in 2025 and Beyond
A big thank you to Adam Gower Ph.D. and John Scavo for joining us at our Live LinkedIn event last week. The discussion was packed with great insights and valuable topics shared by our speakers on real estate and alternative investments. 🎥⬇️ https://vimeo.com/1050904513?share=copy
End of Year Allocation?
In recent news, BlackRock seals $12B HPS deal! This is a big news in the private and alternative market space. You can read more here. Why is this important? It shows again that many institutional investors are getting more involved in the alternative investment space, either by building new platforms or simply by acquiring existing ones. According to its website, HPS has $123 billion AUM in Private credit, which includes real estate debt and equity. We have been steadily building our retail investor platform to provide access to alternative investment opportunities such as real estate. These big moves by some of the largest ...
The Housing Crisis in the United States
Understanding the Problem and Exploring Multifamily Housing Solutions The United States is undergoing a huge housing crisis, marked by a severe shortage of affordable housing and rising expenses for both tenants and buyers. This dilemma has far-reaching implications for families, communities, and the overall economy. In this article, we will look at the underlying causes of the problem using relevant data sources and see how affordable multifamily housing might help to address this rising issue. The Housing Crisis: An Overview 1. Insufficient Housing Supply The United States is suffering a major housing supply shortage. According to the ...
