REAL ESTATE & HOME DECOR
UPSIDE AVENUE RECESSION PROTECTION REIT By Daniel J. Bollinger
iven the instability in the stock market, tariff war jitters, and the political tensions that abound, one may be somewhat hesitant about traditional investments. One alternative investment is a Real Estate Investment Trust (REIT) which owns—and operates different types of real estate ranging from office buildings to apartment buildings to warehouses, hospitals and shopping centers. I recently met with Joy Schoffler, Chief Strategy Officer of Casoro Capital, who is responsible for investor relations and the development of innovative financial products including the new REIT called Upside Avenue to learn all about this recession resistant product. Casoro Capital, a real estate-focused private equity and family run enterprise is launching this multi-family focused REIT with low investment minimums catering to the average investor. Their parent company, the PPA Group started as sponsors in multi-family development and has grown into a vertically integrated company specializing in property management, construction, and investment. In 2009-2010, during the financial crisis, they beat the market to make it into Inc.’s list of “fastest growing companies in America.” Now they’re doing it again and this time inviting everyone to take advantage of their proven recession protected tactics through their new REIT called Upside Avenue. 62 | OUR CITY, YOUR LIFE | MAY 2018
Joy Schloffer