Can you summarize this report for the last panel : The investments panel was focused about discussing topics, such as real estate investment basics, career advice, and trends across asset types, specifically like warehouses, retail$/$hotels$,$ offices, and apartments spaces. The launching for new project for retails was less than $5\%$ in decade because of the market instability by creating the investment development company.

There are diverse investments for office spaces six years ago since the pandemic period. The Seattle market is currently almost $40\%$ different than $10\%$ in $2019.4-5$ years ago, there were more opportunities to invest in the market, and the inflation remained predictable.

There are too much uncertainty in macro environment. A simple project can also take many years to be done. Construction cost is the most subject for the investment development. It often takes seven years to build retail projects after multiple meetings. It is necessary to consider earning more cash$-$flow, or what will return in the initial investment. For instance, $6\%$ is expecting in capitalization tp build offices in Georgia. $9$ millions in capitalization in reserved for current offices in Bellevue.

A buyer must bring $80/20\%$ in IR for warehouses project. The time cost money. That is the reason why the investors for offices don$$t want take risk. To increase the value overtime, family$-$business must have his own portfolio.

The best advice for students who are interested to real estate business is to start learning, to took a volunteer position, to be in front of people, to be aggressive in a polite way because they are going to be proactive. In addition, students have to be curious to know the xyz of the company that they are interested, to be in the long$-$run job. The thing that makes standout for the company may be having more mentors who can help you to advance, not only in your career, but also on our lives. We have to bring more responsibilities, and truly understand the performance for the company.