I don't think we're going to get out of this without a recession. I believe the market will, will basically break. And probably the second half of this year is going to be pretty messy. We have a credit fund, we're lending to that space. My view and I, you know, I'm walking our talk is, is build for rent residential. That's like going to become the biggest real estate as a class of this decade. It's like every decade new asset class gets birthed in real estate and build for rent isgoing to be the next one.
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.