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Why So Many 1031 Investors Are Emerging

SAN DIEGO—Just like home buyers look to level up, we’re also seeing a bit more fluidity in typically middle-market groups seeking more institutional deals and vice versa, Avison Young’s Peter Sherman tells GlobeSt.com.

Peter Sherman Sherman: “I had multiple conversations with investors saying they had money to get deals done in last three to four months, but they effectively did nothing.”

SAN DIEGO—Just like home buyers look to level up, we’re also seeing a bit more fluidity in typically middle-market groups seeking more institutional deals and vice versa, Avison Young’s principal, capital-markets group, Peter Sherman tells GlobeSt.com. Sherman, who is based in Los Angeles, recently attended NMHC’s Conference and Annual Meeting here. We chatted with him about his takeaways and the major themes running through the conference.

GlobeSt.com: What stood out for you at the NMHC Conference or Annual Meeting?

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Carrie Rossenfeld

Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.

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