LP Digest #76
Sidecars, distressed investing, shrinking cities with families, driverless cars, and NYC
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Bobby’s post and the original post share a lot of interesting facts on trends within markets with young children that are growing and shrinking
I’ve seen a lot of funds run sidecars and decided to break this down a bit this week, recommend reading the comments for both GP and LP perspectives
Pretty major changes underway in NYC legislature - this is one expert’s take on the potential impact of giving tenants the right of first refusal
I continue to wonder what the implications will be on urban & rural CRE once driverless cars pick up steam - my personal take is that real implications here are at least 10 years out, but an investor values properties and rents on a go-forward basis (so perhaps you could argue that valuations will be impacted far sooner than what we see on the ground?)
Sharing an interesting podcast from a well known distressed investor instead of a meme this weekend :)
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