Kaufman & Company leadership and industry partners write on the deals, capital structures, and operating decisions behind the headlines — plus founder essays from Daniel Kaufman.
Kaufman & Company’s President & CIO on why the platform is running its land pipeline harder than its construction pipeline right now — and what has to change before that flips back.
Oldivai Capital’s COO, a Lean Six Sigma Black Belt, on applying manufacturing-floor discipline to a modular housing schedule — and where most operators still let variance creep back in.
Kaufman & Company’s General Counsel on why the spreadsheet is the easy part, and the planning department is where most deals actually live or die.
Kaufman & Company’s CFO on a structural shift in construction and bridge financing that most sponsors under $50M in annual originations haven’t fully priced in yet.
Oldivai Capital’s CEO, a practicing emergency physician, on the diagnostic discipline he brought from the ER into real estate — and why housing instability shows up in his patients before it shows up in any market report.
Diversification is supposed to be free risk reduction. Kaufman & Company’s CIO argues that past a certain point, it just means owning more deals you understand less well.
Oldivai Capital’s COO on why the final 5% of a project consumes far more than 5% of the budget and schedule — and the operational fix most teams skip.
Kaufman & Company’s General Counsel on the structural reasons ground leases are reappearing in deals that wouldn’t have considered them five years ago.
Sponsors compare loans on rate and leverage. Kaufman & Company’s CFO argues the covenant package is where deals actually get made or broken.
Oldivai Capital’s CEO argues the real estate industry has confused a physical typology with an economic definition — and that confusion is quietly worsening the workforce housing shortage it claims to be solving.
Daniel Kaufman’s own essays on real estate and capital markets, published on Substack, Medium, and Dan Ski & Build. Full profile: Daniel Kaufman →
Daniel Kaufman’s Substack on 25 years of real estate and infrastructure development, “one slope, trip, and development at a time.”
Using domestically-built container homes to redevelop underutilized property into workforce housing.
A personal reflection on shifting investment strategy toward secondary markets rather than major metros.
Daniel Kaufman on mountain resort real estate, independent ski area economics, and housing shortages in ski towns.
