Q4 2013 Pittsburgh Investment Newsletter
Family Office (FO) Commercial Real Estate Services
This article is the first of a series that presents various aspects of real estate investment from a comprehensive wealth management perspective. Various relevant topics will include basic real estate asset-class investment characteristics, varying inflation hedging capabilities of public vs. private real estate investments, the market composition of the current real estate universe, and fundamental considerations necessary when determining cap rates on direct investments.
Commercial real estate in the United States is a $4 trillion asset class; however, traditional wealth management firms have primarily focused on selling funds, funds of funds, REITS, etc. to satisfy real estate diversification requirements. Colliers International | Pittsburgh now offers the “Colliers FO” platform (Family Office), which provides comprehensive real estate portfolio management services to Family Office and High Net Worth Wealth Management clients investing in direct real estate.