Lauren Hochfelder believes the solution to New York City's housing affordability crisis is to increase the supply of attainably priced housing via public-private partnerships.

The United States real estate market is relatively better positioned than markets in Asia and Europe due to their greater vulnerabilities to energy exposure.

Higher energy prices increase construction costs, which slows new supply and is a bullish indicator for existing real estate assets.

Lauren Hochfelder believes that higher energy prices and elevated geopolitical risks are likely to persist.

For the first time since the Global Financial Crisis, there is an opportunity to consistently acquire real estate assets below their replacement cost.

Morgan Stanley's real assets division has been particularly active in the U.S. and Japanese markets.