Early in October, Michael J. Delrahim, Managing Partner of BUPDLaw spoke at the 15th Annual Opal Financial Group – Endowment and Foundation Forum in Boston, Massachusetts.
Mike was a panelist on the “Real Estate: Where is the Opportunity Set Globally Today?” session. Sean Ruhmann, Senior Consultant, Private Markets, NEPC, LLC., was the panel moderator and James A. Aston, Executive Managing Director, C-III Capital Partners; and Charles F. Wu, Managing Director, Baynorth Capital served as the other panelists.
The panel spoke to an audience of more than 200 attendees and provided insights and predications for real estate investment opportunities. The panel discussed the US real estate market and the sectors and geographic area where investment opportunities exist. The panel counseled the audience to be highly selective, clear about their investment objectives, and understand the inherent legal and business risk of every opportunity. The panel also discussed the use of debt strategies to leverage capital as well as other investment options such as the use of comingled funds, direct investments, co-investments.
