Trends Watch: Outlook for Real Estate Investing
- Published
- Mar 14, 2024
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EisnerAmper’s Trends Watch is a weekly entry to our Alternative Investments Intelligence blog, featuring the views and insights of executives from alternative investment firms. If you’re interested in being featured, please contact Elana Margulies-Snyderman.
This week, Elana talks with Jerrod Delaine, Founder & CEO, The Delaine Companies.
What is your outlook for real estate investing?
As the season of interest rate hikes appears to have concluded, we’re now able to have confidence that if we put an offer in today, it will not lose value because of interest rates next month or the month after. Certain asset classes will be repriced because demand changes and it will take some time for that to flow through the system.
Where do you see the greatest opportunities and why?
I see the greatest opportunities in housing. I am biased as I’m a housing developer. But we can all agree the demand for housing is increasing at a rate faster than housing production. So, if nothing changes, the need for this real estate sector will continue to increase.
What are the greatest challenges you face and why?
NIMBYism, an acronym for ‘not in my backyard,’ continues to be an issue. The places which need the housing the most are making it harder to build housing. And the individuals who have the local level of influence do not have the motivation to make space for new community members.
What keeps you up at night?
My ability to execute on all of the opportunities in front of The Delaine Companies. It’s a good problem, but yes it’s on me from the moment I wake in the morning until the moment I fall asleep at night.
The views and opinions expressed above are of the interviewee only, and do not/are not intended to reflect the views of EisnerAmper.
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