Investment Matters: Office-centric and Opportunistic
Manage episode 381321150 series 3180111
Many investors today view the office sector mostly as a problem child in the throes of a difficult generational change. But since Brandon Huffman and his partners started Tourmaline Capital partners two years ago, they have consistently uncovered opportunity. So far they have assembled a 4.5 million-square-foot portfolio and closed transactions valued at upward of $3 billion.
In this episode of “Investment Matters,” Huffman sheds light on his strategy for meeting office sector challenges. He suggests that the positive performance of some aspects of the sector is being overlooked. You’ll hear about how the firm evaluates opportunities and what makes an asset an attractive buy for his shop. Huffman also describes how the company is navigating a difficult capital markets climate and shares insights into the milestones and professional experiences that shape his outlook today.
Episode highlights:
- The importance of being “Tourmaline” (1:30)
- Major office trends to watch—and finding opportunity in dislocation (4:10)
- Why the sector’s structural shift bodes well (6:41)
- Discovering a professional path in CRE (8:47)
- The shop that was “a phenomenal training ground” (11:30)
- An experience that shaped Huffman’s understanding of investors (13:17)
- Snapshots of Tourmaline’s founders (14:44)
- Sizing up assets’ potential (17:51)
- Building on the pandemic’s lessons for office (23:23)
- How Tourmaline taps into the capital markets (25:14)
- A look down the road (28:49)
- Brandon Huffman off the clock (30:35)
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