If you’ve started looking into passive real estate investments, you’ve probably heard the term “preferred return” (or “pref”). It sounds straightforward — you get your preferred return before anyone else, right? Well… yes and no. Let’s break it down in plain English so you can start vetting opportunities with confidence.

As investors, staying informed on geopolitical issues is essential. Navigate through the potential impact of the US-Israel-Iran conflict on commercial real estate investments in the U.S.