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The Wall Street Journal: Gen X and Millennials Will Inherit Trillions in Real Estate Over the Next Decade

January 14, 2026
The Wall Street Journal: Gen X and Millennials Will Inherit Trillions in Real Estate Over the Next Decade

Gen X and Millennials are set to inherit trillions in real estate over the next decade, but the real story isn’t just about assets. It’s about preparation.

Gen X and Millennials are set to inherit trillions in real estate over the next decade, but the real story isn’t just about assets. It’s about preparation.

"The Great Wealth Transfer" is already underway, reshaping how luxury real estate is owned, governed, and passed on. In a recent The Wall Street Journal feature by Katherine Clarke, R360 Founding Partner Michael Cole hares how ultra-high-net-worth families are structuring real estate ownership to transition control thoughtfully and plan for long-term tax implications.

The article also highlights R360 member Bobby Castro, whose multigenerational approach brings heirs into governance conversations early—including through R360’s Rising Leaders program, which prepares the next generation to steward complex family assets.

As trillions in property move to the next generation, the differentiator won’t be capital. It will be preparation, alignment, and foresight, conversations R360 members are choosing to have early, and with intention. 

Click here to learn more about R360 membership.

You can read the full story here.

Originally featured on The Wall Street Journal.