“You have secure land on airports, build these campuses of private hangars, lease them out long-term to high-credit tenants.”
Sky Harbor · Joe Lonsdale: American Optimist · Ep 168: Sky Harbour CEO Tal Keinan on Why America Stopped Building Airports, the AI Wealth Wave & Private Jet Boom
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What was described
secure land on airports, build campuses of private hangars, lease them out long-term to high-credit tenants
Said nearby on the same subject
“Triple net lease properties. Which means that the tenant is paying maintenance. They're paying insurance. They're paying taxes. All the REIT is doing is taking the money and cashing the check.”
“There is a gambit of tools that can extract your network configurations, right, or your virtual firewall, you know, security group settings and diagnose what, you know, quickly understand what could or couldn't be problematic around them, right? Like it's going to flag if you have a tenant open to the internet”
“When the market is down and the fund receives 20% of redemption requests from investors, you can't simply just go and sell 20% of a runway in the airport that you own. This closed-end structure gives a really good opportunity to a fund manager to manage the portfolio in a very long-term fashion”