Fundrise's main product is REITs, real estate investment trusts and specifically ones that don't trade on a public exchange. We got into where the opportunity lies in real estate, given the hit that interest rates have served to CRE deals. And which asset classes he likes once equity's markets work out the kinks.
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.