Ballast Rock Asset Management, the $600 million registered investment advisor, sees interest rates staying higher for longer in the United States. The firm says multifamily technical indicators remain strong relative to other real estate asset classes with new-unit deliveries in 2026 expected to be half of the 10-year average, while the capacity to support higher rents remains robust after years of wage growth.
Thomas Carroll, the founder and CEO of Ballast Rock, examines the market forces affecting US housing, and offers his take on several alternative investment strategies. Tom speaks with Tim Stenovec and Carol Massar on Bloomberg Businessweek Daily.
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