This strategic foresight in acquiring and controlling prime locations demonstrates the power of real estate as a fundamental asset class, offering lessons on location selection, long-term value creation, and the integration of real estate into broader business models.

Some folks will give up the premium lake front to save a few bucks.This data will give you a broader perspective on the market and help with the rates.

While those configurations do work well for traveling medical professionals, the pool of prospective midterm guests is a lot broader than the medical professions.

Here are some steps to get started:Market Research: Identify areas with strong growth potential, low vacancy rates, and high rental demand.Financial Analysis: Evaluate the cost of construction, potential returns, and your financing options.Legal Considerations: Understand the zoning laws, building codes, and permits required for new construction in your chosen area.Sustainability: Consider incorporating green building practices to increase the property's appeal and long-term value.The Bottom LineWarren Buffett's investment in new construction underscores a broader trend in seeking alternative avenues for growth and diversification.

Seems like a waste not having a lot of doors going to an event like that, but I am open to a broader perspective.Thanks!

I do think something like this is going to be more attractive to a specific audience,  so I'd do the work to analyze that piece of it - and consider other amenities at a similar investment level that might have broader appeal in that pro/con list. 

It highlights the importance of mindful investing strategies that consider the broader impact on society and the environment.

By spreading the risk across multiple parties, you can minimize the impact of any individual investment setbacks.Expanded Network: Partnering provides access to a broader network of contacts, which can lead to new opportunities and potential deals.

THIS MAY BE A QUESTION WORTH POSING IN THE BROADER FORUMS...

While Newark may have potential, Columbus offers a broader range of options and stronger growth prospects.