Lazard Portfolio Manager says Cryptocurrencies Could Have Positive Impact on Real Estate

Jay Leupp, portfolio manager and analyst at Lazard Asset Management, participated in a video interview at Nareit’s 2018 CEO Forum & Advocacy Day in Washington, D.C.

Leupp discussed the potential impact of bitcoin and other cryptocurrencies on commercial real estate.

“At this point we think it’s a positive impact but we are unclear of what the magnitude will be,” Leupp said. He noted that while cryptocurrencies do facilitate the process of doing business for many industries, it is unclear what future regulation will emerge.