Family Offices Lock In On CRE As New Generation Of Ultra-Wealthy Emerges

The number of ultra-wealthy Americans is growing, and as commercial real estate values bottom out, they’re eyeing the sector as a safe place to put their millions.

The country is already in the midst of what has been dubbed the “Great Wealth Transfer” as younger generations take hold of nearly $106T in family assets through 2048, redefining the economic landscape. Alongside them are freshly minted billionaires, as artificial intelligence and crypto have rocketed entrepreneurs into a new status...

   ...more

RSK: The number of ultra-wealthy is growing, mainly due to family offices that enjoy the tax breaks of real estate ownership...but eventually, those deferred gains will come back to haunt you. These family offices per se feel they know better how to manage their properties rather than a third party...it has been proven right. We have several of these family offices in Madison, and I bet you could name a few yourself.