While most private equity-backed car wash operators have aggressive acquisition goals, their expansion plans also involve the development of tens of thousands of locations.
The year got off to a rocky start with two straight months of declining total returns, but REITs ended the first quarter on a hot streak and are closing in on break-even for the year.
WMRE talked to the firm’s founder Jeffrey Goldberg about the affordable housing market and Fairstead’s expanding focus on technology and sustainable development.
Multifamily developments that boast sustainable features or provide affordable housing are finding they have more options from capital sources looking to meet ESG targets.