About Us
Real Expertise | Real Assets™
Our Focus is Real Assets Only: A boutique firm with the benefits of a stable global platform built on our core principles with comprehensive support you can trust
Culture
- 100% female owned, 100% employee owned
- Effective transparent corporate governance
- Low ego long term client centric focus
- Experienced professionals
A global leader in alternative assets, RealCapitalInnovations™ helps investors find long-life, high-quality assets and businesses that form the backbone of today's global economy.
Our team analyzes long-term assets and businesses across the globe. This approach dictates both our investment perspective and our commitment to environmental, social and governance (ESG) practices. We believe that value creation and sustainable development are complementary goals. Throughout our operations, we are committed to practices that have a positive impact on the communities in which we operate.
Our ESG principles are embedded throughout our operations and help us ensure that our business model will be sustainable well into the future.
Ensure the well-being and safety of employees
- Employee well-being: Meet or exceed all applicable labor laws and standards in jurisdictions where we operate, which includes respecting human rights, offering competitive wages and implementing nondiscriminatory hiring practices.
- Health & safety: Aim to have zero serious safety incidents within our businesses by working toward implementing consistent health and safety principles across the organization.
Be good stewards in the communities in which we operate
- Community engagement: Engage with community groups that might be affected by our actions to ensure that their interests, safety and well-being are appropriately integrated into our decision-making.
- Philanthropy: Encourage our employees to participate in the communities in which we operate.
Mitigate the impact of our operations on the environment
- Environmental stewardship: Strive to minimize the environmental impact of our operations and improve our efficient use of resources over time.
Conduct business according to the highest ethical and legal/regulatory standards
- Governance, ethics, and fairness: Operate with high ethical standards by conducting business activities in compliance with applicable legal and regulatory requirements, and with our Code of Business Conduct and Ethics.
- Transparency: Be accessible to our stakeholders by being responsive to requests for information and timely in our communication.
Helping investors make an informed choice post COVID-19 crisis.
Investments posted on Real Capital Innovations™ span the full spectrum of risk/return. Select the right investment to satisfy your goals and invest wisely.
Our mission is dedicated to creating greater alignment, transparency, and knowledge for all investors, with a specific emphasis on alternative investments in Real Estate, Infrastructure & Natural Resources.
While the current trajectory in the alternatives industry points to continued growth, it has become increasingly difficult to keep up with the ever-widening spectrum of alternative asset products, strategies, and the regulations surrounding them.
History shows that many managers did not survive the Great Financial Crisis from 2008. Specifically, 35% of managers who raised capital for funds investing through the crisis (2005-2008 vintage funds) did not raise capital after the GFC (2010 or later vintage funds). In terms of capital, 13% of AUM raised on a dollar basis was raised by managers that did not come back to the market with another fund-raise post the GFC. This suggests the failure percentage rate for smaller firms has been generally higher.
Notably, of the managers that did not survive the GFC, most did not have previous experience investing through a (prior) recession. Specifically, of the 35% of managers who had raised 2005-2008 vintage funds and did not raise post-crisis funds, 78% did not raise capital 1998-2001 vintage funds and therefore would have likely not invested in the early 2000s recession. Of the 13% of 2005-2008 vintage capital on a $ basis that was raised by managers who did not raise post-crisis funds, 68% of capital was raised by managers who did not raise capital 1998-2001 vintage funds.
Therefore, we believe that GPs’ prior experience of managing capital through a recessionary cycle will once again be an important determining factor of success in the current recession. To that point, we believe the percentage of failures could be higher this time around than during the GFC.
While there are clearly multiple factors at play, we estimate there is relatively more capital being managed by firms without “recession investing experience” heading into the current recessionary backdrop as 40% of capital raised was by managers who did not have prior crisis experience vs. 36% for the previous cycle. (Source: Goldman Sachs " Alternative Managers: Charting a path through recession " April 17, 2020)
Thought Leadership in Real Asset Investing
ESG & Alts: Investing in Good Businesses Is Good Business 2/24/21
Understanding Capital Gains Tax on Real Estate Investment Property
Understanding Capital Gains Tax on Real Estate Investment Property
Environmental, social, and governance (ESG) factors are becoming a business priority for alternatives fund managers; 36% of the $10.8tn in alternatives industry AUM is now managed by ESG-committed firms. Top experts share ESG latest trends. Gains insights into investment sourcing, screening and analyzing and how to effectively incorporate ESG Alts into your portfolio asset allocation.
Panelists: Christopher Merker, Director, Robert W. Baird & Co. & Michael Underhill, Chief Investment Officer/CEO Capital Innovations, LLC
(Webinar Replay Passcode: @pJ0Pai8)
Understanding Capital Gains Tax on Real Estate Investment Property
Understanding Capital Gains Tax on Real Estate Investment Property
Understanding Capital Gains Tax on Real Estate Investment Property
Investors should understand the various factors that can help them mitigate and potentially defer paying capital gains tax from selling real estate properties.
Rental property owners will benefit from lower ordinary income tax rates and other favorable changes to the tax brackets for 2018 through 2025, says Michael Underhill
"Dangerous versus Resilient REITs" April 2020 Video Interview
Understanding Capital Gains Tax on Real Estate Investment Property
Cell towers, warehouses are safe plays in U.S. real estate. April 2020
TD Ameritrade interviews Michael Underhill CEO of RealCapitalInnovations™ regarding impact of COVID-19 on global real estate markets covering: Same Store Net Operating Income (SSNOI), Change in Gross Asset Values, Change in Commercial Property Price Index, Returns for Private and Listed Real Estate, Impact on REIT Adjusted Funds from Operations (AFFO) Growth.
Cell towers, warehouses are safe plays in U.S. real estate. April 2020
Cell towers, warehouses are safe plays in U.S. real estate. April 2020
Cell towers, warehouses are safe plays in U.S. real estate. April 2020
Reuters, top-performing U.S. fund managers see opportunities in one of the sectors hardest hit by the coronavirus pandemic, cautiously increasing stakes in niches of the real estate market like cell phone towers and warehouses, which they see benefiting from an eventual economic recovery.
7 Ways to Hedge Your Portfolio Against Volatility. April 2020
Cell towers, warehouses are safe plays in U.S. real estate. April 2020
7 Ways to Hedge Your Portfolio Against Volatility. April 2020
U.S. News & World Report interview with Michael Underhill CEO of
RealCapitalInnovations™ regarding how investors can ease the effects of market volatility.
How to Invest in Hotel REITs: U.S. News & World Report
Cell towers, warehouses are safe plays in U.S. real estate. April 2020
7 Ways to Hedge Your Portfolio Against Volatility. April 2020
U.S. News & World Report interview with Michael Underhill CEO of
RealCapitalInnovations™ regarding investing in Hotel REITs.
The Growing Allure of Data-Center REITs: Barron's
New Real Estate Play for Income Investors: Wall Street Journal
Safety Income and Growth with Ground Leases: The Real Deal
Barron's interview with Michael Underhill CEO of RealCapitalInnovations™ regarding the growing allure of Data Center REIT investing.
Safety Income and Growth with Ground Leases: The Real Deal
New Real Estate Play for Income Investors: Wall Street Journal
Safety Income and Growth with Ground Leases: The Real Deal
The Real Deal interviews Michael Underhill CEO of RealCapitalInnovations™ regarding Ground Leases as they offer insulation against industry-specific downtowns or geography-specific events.
New Real Estate Play for Income Investors: Wall Street Journal
New Real Estate Play for Income Investors: Wall Street Journal
New Real Estate Play for Income Investors: Wall Street Journal
Wall Street Journal interviews Michael Underhill CEO of RealCapitalInnovations™ regarding risk-averse investors having a new option to consider in Ground Leases.
6 Unusual REITs to Buy This Year: U.S. News & World Report
6 Unusual REITs to Buy This Year: U.S. News & World Report
New Real Estate Play for Income Investors: Wall Street Journal
U.S. News & World Report interviews Michael Underhill CEO of RealCapitalInnovations™ regarding alternative property types such as data centers, cell towers, self-storage and manufactured housing.