Allie works as a financial advisor at a local wealth management firm. A recently retired couple approaches her and says they have realized an unexpected addition in their savings. They are willing to take risks in exchange for higher expected returns, but they want to make sure they stay liquid should they wish to cash out. Their contribution is not enough to finance an entire property, though, and they tell Allie they want to invest it in real estate, but they are not sure how. What should Allie recommend? O Private equity: fund through a real estate investment advisor (registered with the SEC) Private debt: mortgage O Public equity: REIT Public debt: CMBS