Institutional investors

Opportunistic Private Real Estate: Capitalizing on the cyclical recovery October 2010 Ed Garcia Portfolio Manager Since the onset of the global financial crisis in the fourth quarter of 2008, private real estate markets have undergone a painful value correction and deleveraging process. As a result, many portfolios acquired in the years leading up to the crisis have been decimated, leaving a dysfunctional market environment in their wake. This research discusses the case for investing in opportunistic real estate after the crisis and outlines: How opportunistic investors are well positioned to capitalize on the distressed environment in the U.S., The other opportunistic investment strategies, such as socio-demographic driven investments, emerging market growth, and structural change, and The risk considerations of weak real estate fundamentals and constrained capital markets. Request this research A note about our research Our proprietary research is made available to our institutional clients, and many of these published papers are available to other institutional investors as well. If you are not a Russell client, but are an institutional investor, we welcome you to request this research piece. We only require your contact information on a short request form. For more information about our research, please contact David or Gerry:     West Coast David Rothenberg Managing Director 866-926-5934 East Coast Gerry Lillis Director 866-459-4128 Please remember that all investments carry some level of risk, including the potential loss of principal invested. They do not typically grow at an even rate of return and may experience negative growth. As with any type of portfolio structuring, attempting to reduce risk and increase return could, at certain times, unintentionally reduce returns. Specific sector investing such as real estate can be subject to different and greater risks than more diversified investments. Declines in the value of real estate, economic conditions, property taxes, tax laws and interest rates all present potential risks to real estate investments. Fund investments in non-U.S. markets can involve risks of currency fluctuation, political and economic instability, different accounting standards and foreign taxation. Nothing contained in this material is intended to constitute legal, tax, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. The general information contained in this publication should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional. Russell Investment Group is a Washington, USA corporation, which operates through subsidiaries worldwide, including Russell Investments, and is a subsidiary of The Northwestern Mutual Life Insurance Company. Date of first use: October 2010 USI- 8109-10-12			Printer friendly version of this page