Excited to welcome Max Okunev to 404 Capital as Investment & Technology Consultant!
Max will be focused on building out an AI toolkit to analyse the Spanish PBSA market — supporting our investment strategy as we continue to develop our presence in Spain.
At 404, we want to be at the forefront of real estate investment — and harnessing the latest AI tools is a big part of how we're building that edge.
Welcome, Max! 👋🤘
🔴 Platform & Operations ⚙️ * June marks our sixth full month of operations — the shift from strategy formation to execution is now firmly underway. The Cuatro Urban Living platform is taking shape. * We continue building out our technological processes, including Alpha Maps. We have posted a walk-through video of the AI-
Private capital tends to follow public capital with a lag. The handful of listed student-housing names left in Europe are pricing the next leg of the PBSA cycle now — and once you decode the appraisal lag, the read for European and Spanish private assets is largely determined. Across this
🔴 Platform & Operations ⚙️ * May marks our fifth full month of operations and a decisive shift — from strategy formation to execution. The Cuatro Living (“Cuatro”) platform in Spain is now the sole focus. * We continue building out our technological processes and managing our regulatory requirements. As part of this, we are
Five institutional platforms run c. 40,000 beds across Spain. The model they share — scale-driven, outskirts-located, and almost always ground-up — leaves a specific central premium segment structurally unoccupied. This is the third piece in 404 Capital's series on Spanish PBSA. The first set out the
