Annapolis: Why Historic Markets Command Premium Returns

Historic downtown markets operate by a different set of rules. Zoning overlays, architectural review requirements, and the physical constraints of pre-automobile urban grids make new competitive supply nearly impossible to deliver.
Understanding Co-Investment Structures in Commercial Real Estate

Co-investment models allow qualified investors to participate alongside sponsors in individual deals without the blind-pool risk of a traditional fund. Here’s how Fourtenn structures its partnerships. The traditional real estate private equity fund model has well-known limitations. Investors commit capital to a blind pool, trust the general partner’s allocation decisions across an unknown portfolio of […]
RevPAR Trends in the DC Metro: What the Data Tells Us

Revenue per available room in the Washington DC metropolitan area has rebounded sharply from its pandemic trough. We break down the sub-market dynamics that matter for investors. RevPAR — revenue per available room, the hospitality industry’s primary performance metric — tells a more nuanced story in the DC metro than the headline numbers suggest. The […]