Thoughts

Essays & updates.

Thoughts on finance, fitness, family, or mindset, published as they’re written, not on a schedule.

Finance · July 2026

Retail-Facing Private Real Estate Sponsors Are at Risk of Losing their Investors. And It’s Self Inflicted.

The repricing wasn’t anyone’s fault. What happens next is. On rescue capital, rewritten operating agreements, and the trust some sponsors are burning.