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Real estate & infrastructure · Podcast

Clarion Partners’ Josh Pristaw - an industrious approach to real estate investing

For wealth professionals who allocate to or evaluate real estate managers, the episode gives a manager’s account of how demographic and e-commerce trends feed a quantitative real estate process and how an open-ended fund structure shapes what the firm owns. It also flags the specific challenges data centers pose for open-ended vehicles.

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Summary

By the real estate & infrastructure desk

Josh Pristaw, president of Clarion Partners, joins the Alt Goes Mainstream podcast to discuss how the real estate manager approaches industrial and healthcare real estate investing. The conversation links demographic and secular trends, e-commerce demand and quantitative sub-market analysis to Clarion’s open-ended fund strategy. It also covers why data centers present liquidity, capex, valuation and concentration challenges for open-ended fund vehicles.

  1. Clarion Partners is described as a $73.3B AUM real estate investment firm within Franklin Templeton’s alternatives platform.
  2. Pristaw’s background spans shopping-center development, real estate investing in Brazil, running Pretium’s single-family rental platform and co-founding GTIS Partners.
  3. Clarion ties industrial demand to e-commerce growth and uses recursive factor analysis to evaluate sub-markets.
  4. The conversation covers open-ended fund strategy, with 95% of Clarion’s AUM in open-ended funds, and the challenges data centers pose for such vehicles.

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Videos and podcasts are embedded from their publishers. Selections and summaries are editorial and are not investment advice.

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