HALO Investing: Why Hard Assets With Low Obsolescence Beat AI Disruption - Matthew Adler - Founder & Managing Principal - Adler Partners
It offers wealth professionals a look at a niche real estate strategy and the transition from operating partner to fund manager, grounded in one specialist platform's experience. The discussion of hard assets with low obsolescence and competition with mega managers may be relevant to those evaluating real-assets managers.
Summary
By the real estate & infrastructure deskThis episode of The Distribution features Brandon Sedloff in conversation with Matthew Adler, founder and managing partner of Adler Real Estate Partners, about small bay industrial real estate and his path from a third-generation family business to an independent fund manager. Adler discusses spinning out of the family operation, building a platform focused on multi-tenant light industrial properties across the Sun Belt, and why he describes small bay industrial as a HALO asset class. The conversation also covers institutional misunderstandings about office build-outs in industrial properties and how focused operators compete when larger managers enter the space.
- Adler spun out of a third-generation family real estate business to start an independent fund manager.
- Adler Real Estate Partners focuses exclusively on multi-tenant light industrial, or small bay industrial, properties across the Sun Belt.
- Adler describes small bay industrial as a HALO asset class: hard assets with low obsolescence that are resistant to AI disruption.
- The episode covers what institutional investors misunderstand about office build-outs in industrial properties and how focused operators compete with larger managers.
Chapters
From the publisher’s description| Time | Chapter | Length |
|---|---|---|
| Intro | 3 min | |
| Matt's family real estate background | 7 min | |
| Early career and deciding to leave the family business | 2 min | |
| Working with Apollo and the GFC | 3 min | |
| Starting the fund business | 2 min | |
| Spinning out from the family business | 5 min | |
| Adler Real Estate Partners today | 3 min | |
| Small bay industrial explained | 4 min | |
| Why small bay industrial is hot right now | 3 min | |
| HALO and the AI advantage | 1 min | |
| Competition and differentiation | 5 min | |
| The office buildout misconception | 5 min | |
| Competing with mega managers | 4 min | |
| Headwinds and opportunities ahead | 4 min | |
| Closing thoughts | 3 min |
Similar items
Same topic JLL’s Jacob Rowden Sees New Expansionary Phase for U.S. Office Leasing | NSNareit's REIT Report Podcast |
 Why Baby Boomers Have All the Money | Animal Spirits 488 | CRThe Compound (Ritholtz Wealth) |
 Why Baby Boomers Have All the Money (EP. 488) | ASAnimal Spirits Podcast |
 Seeking Resilience in AI-Related Credit | PIPIMCO |
 Mortgage REITs Are Back? Annaly CEO talks Rates, GSEs, and Housing | VaVanEck |
Get the weekly 3 to watch
Free, in the Morning BriefEvery week the Morning Brief picks three videos and podcasts worth your time, with why each one matters.
Free. Every morning. Unsubscribe from any edition in one click.
Videos and podcasts are embedded from their publishers. Selections and summaries are editorial and are not investment advice.