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.
The investment sales team at Colliers International | Pittsburgh provides integrated commercial real estate investment services to our clients. Locally, we operate across the ten counties that comprise Western Pennsylvania, and parts of West Virginia. In addition to accelerating the success of our local clients, we are able to collaborate with Colliers International’s global investment team in order to provide the maximum returns to our multi-market clients.
Our expert investment professionals offer client’s in-depth expertise, shared sense of initiative, and an unparalleled ability to collaborate and minimize investor risk while maximizing returns. Together, we provide the full range of real estate services to real estate owners, occupiers and developers. We offer acquisition and disposition expertise across all property sectors including office, industrial, retail, land, multi-family and hospitality.
“The Pittsburgh investment market is the strongest it has been in years due to extremely low vacancy rates and positive net absorption trends across almost all major sectors. Accordingly, Pittsburgh has been able to attract an increasing number of institutional investors,” said Luke Hingson MRED, Associate at Colliers International | Pittsburgh.