Jeff Rinkov

The crypto currency is generating a lot of investment activity, but it could be growing into a potential bubble. Some of the characteristics of the market, like rapid appreciation, are reminiscent of the 2007 mortgage crisis and potentially the Dot Com bubble in the early 2000s. One bit of good news: the investor pool is much less diverse. We sat down with Jeff Rinkov, CEO and president of Lee & Associates, to find out more about this new investment market, why there is real cause for concern and how a bubble burst could affect commercial real estate.

GlobeSt.com: What do you think of Bitcoin as an investment vehicle?

Jeff Rinkov: I think we are going to be slow on the adoption of it. People really like the comfort of US dollars. Right now, it feels like it could be a black swan event. If I had to make a prediction, I would short Bitcoin over the intermediate term, say the next six to 12 months. Digital currency, as ecommerce evolves and the world becomes a little smaller, is probably something that becomes more comfortable for us and likely as a greater utility.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.