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The nuts and bolts of private commercial real estate investing

REAL estate investing means different things to different people. It can be shorthand for buying a rental property – taking out a mortgage, finding a renter, and hoping to clear the monthly cost while the asset appreciates. It can also mean buying shares in a public real estate investing trust (Reit), the kind that has been around for decades and is accessible through most brokerage accounts.

But real estate as an asset class is much more diverse than that. Broadly speaking, commercial real estate (CRE) may refer to many different types of property, investment theses, and risk/return profiles. Fintech-enabled investing has made private-market CRE as accessible as stocks and index funds, albeit...

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