An Ashfield Conversation: Opportunities in Real Estate Lending as Rates Continue to Rise with Thorofare Capital

We make it a priority to bring you interesting and timely content from specialized investment managers who are experts in their fields. In today’s rising rate environment, one area we see an opportunity for strong risk-adjusted returns is real estate lending. To help our clients and friends learn more about this space, we created a podcast-style conversation between Ashfield Capital Partners Portfolio Manager Adrian Fadrhonc and Kevin Miller, CEO of Thorofare Capital, an investment manager focused on specialized short-term commercial real estate loans. During their conversation, Miller offers listeners his insight into current economic trends, the future of the real estate market and where investors can find opportunities as rates continue to rise.

Some of the specific topics discussed include:

● What to look for in specific asset classes and geographical locations
● How they participate in real estate investment trusts (REITs)
● Why costs are rising and how capital flows through the market
● How they factor in the potential recession in their capital allocation strategy
● Thorofare’s current AUM and if there are any changes in the organization in the near future
● Typical duration for their loans and the reasons why
● How they evolve and reallocate

If you have any questions about any of the topics discussed during this conversation, please do not hesitate to contact us.

This interview is for informational purposes only and may not be relied on in any manner as legal, tax, investment, accounting or other investment advice and does not constitute an offer to sell or a solicitation of an offer to purchase an interest in any investment. Investing is inherently risky and investors should be aware that they may not receive a return equal to their initial investment and may lose their entire investment.

Information presented may constitute “forward-looking information.” Forward-looking information is based on numerous assumptions and is speculative in nature and may vary significantly from actual results. Past performance is not necessarily indicative of future results, and there can be no assurance that an investment will achieve comparable results in the future. The views expressed reflect the current opinions of Lyman Howard and may not be the opinions of Ashfield in general. Ashfield is an SEC registered investment adviser and registration does not imply any level of skill or training.