Real Estate

2022 Review, 2023 Preview

February 2023

2022 was the worst year for real estate since 2008. With interest rates continuing to increase and housing prices in decline, are we set for a repeat of the housing crisis?

Osborne Partners views each asset class in our multi-asset class portfolio as having a distinct purpose.

The Investment Team uses the Real Estate asset class to diversify and grow your investment portfolio and to generate income. We divide this asset class into three segments: real estate investment trusts (REITs), residential real estate companies, and commercial real estate companies.

In this video, Investment Team Analyst, Jason Rodnick, CFA explains why the team believes the real estate market is in a period of rebalancing and not a crisis and explains why the outlook for real estate today is much better than it was in 2008-2009.

Meet Jason Rodnick, CFA

Early in his career, Jason pursued accounting, passing all four parts of the CPA exam yet in the end found being an accountant unfulfilling. He pivoted to investment research and completed the rigorous Chartered Financial Analyst exam. Jason joined Osborne Partners in 2018 as a member of the investment team. He helps generate new investment ideas, monitor existing investments, and manage client portfolios. Jason enjoys the intellectual challenge of investment research and specializes in making beautiful charts and creating inscrutable Excel spreadsheets.

Jason lives in San Francisco’s Outer Sunset neighborhood with his wife and three young children and bikes to work. An interesting fact about Jason is that he met his wife via Bloomberg chat, and for that reason, the Bloomberg Terminal will always hold a special place in his heart.

Have Questions? Contact Us. 

Osborne Partners Capital Management, LLC or 415-362-5637
One Embarcadero Center, Suite 4100 - San Francisco, CA 94111

The opinions expressed herein are strictly those of Osborne Partners Capital Management, LLC (“OPCM”) as of the date of the material and is subject to change. None of the data presented herein constitutes a recommendation or solicitation to invest in any particular investment strategy and should not be relied upon in making an investment decision. There is no guarantee that the investment strategies presented herein will work under all market conditions and investors should evaluate their ability to invest for the long-term. Each investor should select asset classes for investment based on his/her own goals, time horizon and risk tolerance. The information contained in this report is for informational purposes only and should not be deemed investment advice. Although information has been obtained from and is based upon sources OPCM believes to be reliable, we do not guarantee its accuracy and the information may be incomplete or condensed. Past performance is not indicative of future results. Inherent in any investment is the possibility of loss.