Where are the Best Investment Opportunities?

“Capital is everywhere,” Lionstone CIO Glenn Lowenstein tells us. (If that's true why can't we ever find any change for the soda machine?) Weak international markets combined with flourishing US real estate caused a flood of investment from around the globe, and some metros are oversaturated now, making it hard to find opportunities. Glenn and other experts will help us ID them March 9 at Bisnow’s Capital Markets Summit. Register here!

While core investors look for safety (usually taking a lower yield), Lionstone targets unique properties. Finding an irreplaceable building that has the most demand relative to supply is its safety net, and it doesn’t have to sacrifice yield. 712 Main, which the firm bought in 2013, is the perfect example of his ideal investment—it’s walkable, its design boosts collaboration and connectivity, and it provides an interesting environment that gives tenants a great identity.

Lionstone owns properties in 17 cities, but Glenn says Houston is among the most creative and exciting market for investment. Our lack of zoning means developers can take risks and try really interesting things. And the energy slowdown may end up being a friend—while other metros continue to overheat, we’ll catch our breath. (Glenn doesn’t predict the economic downturn will lead to real estate distress or discounts for investors, and our long-term forecast is still one of the best in the country.) Come hear more at our Capital Markets summit, March 9 at The Houstonian.