• As the industry has matured, real estate has become a very accepted investment. Institutions have used core investments to get comfortable with real estate as an asset class, and now that they're comfortable they're moving up the risk spectrum.

    Richard Price: As the industry has matured, real estate has become a very accepted investment. Institutions have used core investments to get comfortable with real estate as an asset class, and now that they're comfortable they're moving up the risk spectrum.