Real Estate as Refuge in a Perfect Storm
In reviewing what we’ve been thinking and writing about this first quarter, I was reminded yet again that these are, simply put, terrible times. From the devastating Russian assault on Ukraine to the more mundane yet extremely challenging circumstances of labor shortages, supply chain disruption, a lingering pandemic and massive inflation, it is certainly the perfect storm. Our hearts go out to the millions who are suffering through war, poverty and illness, and we do not take our position of relative comfort here in the Pacific Northwestern United States lightly.
And yet, life goes on in our real estate world — where we even humbly find ourselves in an enviable position of economic growth during these troubling times. As such, we wanted to share our strategies for investing in difficult times in hopes that others might benefit. In case you missed it, here’s a link to our recent strategic report on our investing approach for 2022, as well as our thoughts on finding ways around supply chain challenges and how we’re investing in employees. We hope you find our thoughts and perspective helpful, and that you may find real estate to be a refuge for investing in difficult times. Please contact me if you are interested in learning more about Westland and our investment strategies.
