Nuveen Real Estate CIO Carly Tripp: “It’s Definitely a Good Time to Potentially Add Real Estate to Your Portfolio”
Tripp discusses why investors should be looking at more real estate options and which properties might offer lucrative returns.
October 29, 2020 | John Egan | National Real Estate Investor
The recession triggered by the coronavirus pandemic may have flustered some commercial real estate investment professionals. Not Carly Tripp, though.
Tripp is chief investment officer in the Americas for London-based investment manager Nuveen Real Estate, a TIAA subsidiary with $127 billion in assets under management as of June 30. Despite the double whammy of the pandemic and recession, Tripp and her Nuveen colleagues haven’t strayed from the long-term strategy that governs their real estate investments.
In explaining Nuveen’s commitment to a long-horizon strategy, Tripp recalls the words of one of her professors at the University of North Carolina, where she earned a master’s degree in economics.