Given the growth of Silicon Valley since the turn of the 21st century, other cities have sought to replicate their model to produce lasting research, create local jobs, and grow their economic base. Some of the early adopters have been the Cortex district in St. Louis, MO with Washington University, St. Louis University, and University...Read More
Before the pandemic, the NCREIF Property Index, a real estate index that tracks the unlevered gross returns of over $742B in real estate properties throughout the United States, posted average annual returns of 8.28%(1) from 2015 to 2019. At the height of the pandemic (March 2020), returns fell to less than 2% for the first...Read More