PERSON DIRECTORY
Bill Chen
Bill Chen appears in 4 indexed conversations across Yet Another Value Podcast, Latent Space. This directory brings every appearance, source, TL;DR, digest, and transcript into one searchable feed.
4 EPISODES2 SHOWS
Language
Bill Chen on the current set up for REITs
Bill Chen’s 6% cap-rate framework yields roughly 5.1–5.2% true unlevered free cash flow; adding 2–3% rent growth and 20% LTV leverage supports about 10–11% permanent-hold returns without a takeout.NAREIT’s 7.3% two-year return reflected 2021 overbuilding and 2024–25 deliveries, but below-average starts suggest the cycle is turning; five simultaneous liquidations and 110–130% gross exposure offer catalysts while leaving picked-over-tail risk.