Real Estate Investments of the Rich and Famous

Abstract

Real estate research pays little attention to the investment priorities of the top tier of portfolios, sometimes called the “super rich” or the “super wealthy,” yet a relatively small number of such portfolios control nearly $100 trillion in investments. It comes as no surprise, therefore, that these investors show a disproportionate lack of interest in real estate investment vehicles. This article explores the investment criteria of those portfolios, with an eye to bridging the gap between real estate investment vehicles and the needs of those portfolios.