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Harrison Street CEO Christopher Merrill says inflation could last 'for the next decade'
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During his testimony before the Senate Banking, Housing and Urban Affairs committee on Tuesday, Fed Chair Powell said inflation «won't leave a permanent mark.» But one investor thinks inflation may be here to stay.
Christopher Merrill is the co-founder and CEO of Harrison Street and sees the stickiness of price increases first-hand with his firm's focus on demographic-driven real estate, such as student housing and nursing homes. Despite the challenges these segments faced during the pandemic, Harrison Street was able to rake in an additional $7 billion last year, bringing AUM to $39 billion.
Merrill sat down with Leslie Picker to discuss how his strategy has endured over
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