The Bruce Philosophical Project

  • Build to Rent in Governmental Cross-Hairs

    I admit I am puzzled that with a national housing shortage, governments across the country – and the federal government as well – are taking aim at the so-called “Build-to-Rent Industry” – but so it is. I wrote about this a few months ago as a risk for those in the BTR industry to be concerned about,… Read more

  • Jamie Dimon, Interest Rates and Me As Well

    I know I just sent out only yesterday my latest edition of The Real Estate Philosopher — and apologies for two articles in two days — but after reading today’s Wall Street Journal, I had some additional thoughts on interest rates. In my article of yesterday, I pointed out the illogic of interest rates being thought of as high… Read more

  • (NOT) Predicting Interest Rates?

    This is a quick article – very quick but maybe useful nonetheless…. And to be super clear at the outset, I am NOT trying to predict interest rates, which I believe is a fool’s errand. Here is my thinking: The ten-year treasury is at 4.416% as of Friday morning when I wrote this. I think it is… Read more

  • My Latest Real Estate Book, How to Invest in Commercial Real Estate if You Know Nothing About Commercial Real Estate, is Live!

    I am pleased to report that I have another real estate book!  It is called —  How to Invest in Commercial Real Estate if You Know Nothing About Commercial Real Estate To buy the book, just click here. I co-wrote it with my friend and real estate business guru David Dowell as an assignment for a… Read more

  • Creating Economic Upside in an Uncertain Real Estate World

    I just read a book called The Uncertainty Solution, by John Jennings of the St. Louis Trust Company – and I also heard him speak live.  I like people who use math and analytics to, well, analyze things, and Jennings does that exceptionally well.  In short, his thesis is – overall – this: He outlines a… Read more

  • PB&J = Bridge Lending and Private Equity

    Everyone – and I do mean pretty much everyone – likes peanut butter and jelly (unless, of course, they’re allergic to peanuts).  There is something about the way these two foods go together that is just pleasing.  My sense is that bridge lending and private equity – at least right now – go together as easily… Read more