Private REITs and Individual Real Estate Assets Perform in a Downturn

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Starwood Property Trust reported a $140 million profit, up 53% from the same period in 2021. While Starwood seems to have turned the corner on that rough patch that public REITs went through, it's still pretty rocky for other firms. Blackstone for one is still limiting withdrawals from B REIT. The index that tracks REITs has fallen about 25% year over year.

For the past year, public real estate investment trusts that own or manage office buildings, hotels and multifamily have traded at steep discounts as investors feared rising rates would take a whack to profits and property values. Amid that downturn, Ben Miller, CEO of investment platform Fundrise, has set his sights to credit. Tune in for the lowdown on why Miller sees opportunity in debt and which asset classes he’s eyeing once equities markets recover.