(Featuring Robert Jue, CEO, Standard Real Estate Investments, Jerome Nichols, President, Standard Real Estate Investments, Shubhra Jha, Principal, Standard Real Estate Investments)

The investment community can have an active role in an equitable economic recovery—but it will require the necessary discomfort of recasting the traditional risk/return framework.

https://www.afire.org/podcast/recastingriskandreturn/

Recessions typically put a hard stop to development. Shrinking economic activity, loss of jobs, and uncertainty about the recovery make it more challenging for developers and lenders to greenlight projects. But this pandemic-induced recession is different, because the supply/demand balance heading into it was not too out-of-sync with economic realities, and the amount of leverage in the ecosystem was not too onerous. More importantly, the pandemic and the uneven K-shaped recovery have magnified and laid bare some deeply ingrained systemic deficits in housing, healthcare, education, retail, and other services for minority and other disadvantaged communities.

Robert Jue, Jerome Nichols, and Shubra Jha of Standard Real Estate Investments discuss how inclusive development that lifts up overlooked communities is sustainable, equitable, and profitable—not just by the metrics of traditional financial results but, more importantly, by creating true social impact.

This podcast is based on the article “Recasting Risk and Return” from Summit Journal. Read and download the article here: https://www.afire.org/summit/recastingriskandreturn/