Why NYC life-science scale failed to materialize

This week, we’re talking exotic alts – the far-flung corners of CRE that are starting to catch serious institutional interest. Think car washes, aviation hangars and the like. We're joined by Ian Ross, managing partner of SomeraRoad, to talk through the fascinating niche of aviation infrastructure and how it's been supercharged by the Big Beautiful Bill. Then, we walk through Taconic Partners' failed grand experiment with life science real estate in NYC – $2B deployed, not much to show for it. 

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Further reading/listening:

Taconic Invested $2B To Be NYC's Leading Life Sciences Developer. Then The Market Froze

Bonus Depreciation Boom Times in Private Aviation

Net Leash Car Wash Sales Surge

AUM Gobbling, Explained