When you’ve been in real estate as long as I have — through multiple cycles, multiple recessions, and more than a few false bottoms — you learn to appreciate the quiet moments. The ones that don’t make headlines but mark the turning points. That’s what Q2 2025 feels...
| July 26, 2025As a real estate developer and investor, I spend a lot of time studying capital flows — not just where buildings are going up, but where innovation is taking root. Because where the money flows, people follow. And where people go, demand for real estate...
Good morning.While most headlines are focused on earnings, interest rates, or Musk’s latest move, the real signals are happening at the intersection of technology, policy, and capital flows. This week, we got three major stories — and each of them hints at the type of...
If you want to understand who’s really paying for Donald Trump’s tariffs, don’t look at Beijing, look in your driveway. Or more precisely, look at the earnings report from General Motors.GM just disclosed that tariffs cost them over $1.1 billion in lost profits. Not...
It’s getting harder to ignore the tension between the Trump team and the Fed — and Scott Bessent just poured gasoline on the fire. The Treasury Secretary is now calling for a review of the Federal Reserve’s $2.5 billion renovation of its D.C. headquarters. Yes, $2.5...
Monday brought a double dose of bad news for anyone paying attention to trade flows, fiscal health, or the macro environment developers operate within. If you’re in real estate, you might not think shipping containers and federal deficits are your business. But they...
