Emilia Alonso is a fund manager at a private equity firm, Navesink Partners, LLC (Navesink), whose primary focus is making direct investments in real estate through its flagship Aqua Fund. She prepares a marketing presentation for several prospective institutional investors. Alonso states that there are broadly three sectors Navesink considers for investment: office, multi-family, and hotel. She believes that although there are numerous factors that impact the performance of all real estate investments, there are specific factors that are more important for the fund’s targeted property types. What factor should Alonso most likely consider important when evaluating the three real estate sectors in which the Aqua Fund specializes? Business formations Demographic trends Consumer spending Solution A is correct. There are certain factors that affect all real estate investments including job creation, GDP growth, and population growth. Other factors affect some sectors but not others. Aqua Fund specializes in office, multi-family, and hotel investments. A common factor that affects all three of these sectors is business formations. 本题为何选经营模式？他怎么可能影响office, multi-family呢？
