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Devin Chen

Oct 5, 2026

23:42
Uh, Devin, how do you see it? How are you investing in the sector today?
23:45
I would say the categories that we focus on, obviously apartments, student housing as well, manufactured housing, senior housing, and I'd even include age-restricted housing.
23:55
We view that as a distinct opportunity set.
23:57
You know, if you were to tell me like force rank where we're allocating, apartments would probably receive the largest allocation, followed by manufactured housing, then age-restricted, senior housing, and then student housing would probably round out the allocation.
24:13
But, you know, each for different reasons.
24:15
Apartments, large allocation, if for no other reason, it, it just, it offers the deepest and most liquid opportunity set.
24:22
There's simply more opportunities to find relative value.

10 MINS LATER

34:16
Where is it strong? Where do you think there's still some cracks?

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