Episode Details
Title | Devon Zuegel: How To Create A New Town - [Invest Like the Best, EP.413] |
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Date | 3/4/2025 |
Podcast | Invest Like the Best with Patrick O'Shaughnessy โ |
Key Insights
Bullish:
- ๐ข $PATIENTCAP - Patient capital in urban development projects can yield significant returns over longer time horizons (10-20 years) compared to traditional real estate funds, which typically seek returns in 5-7 years.
- โBasically, what I realize is when patient capital comes in, they can and do make a huge amount of money, but your traditional real estate funds don't fit that timeline.โ - Devin (1:07:59)
- โOften traditional real estate funds need to return capital in five to seven years. And these projects tend to take ten, fifteen, maybe twenty years to return the capital. And so just the fund length is gonna mismatch.โ - Devin (1:09:29)
- ๐ข $WALKABLE - ๐
- ๐ข $NEWURBAN - ๐