Jack Mullen Jack Mullen

The first rule of investing is to buy low and sell high—but that’s easier said than done.  That is according to Jack Mullen, founder and managing director of Summer Street Advisors. Mullen says that today, CRE prices are high and cap rates are low because investors are more motivated to buy than to sell.  “With an overabundance of capital in the market, strategies that have served investors well for the past five years are no longer as viable as they have been. Fortunately, there are still prudent real estate plays for investors with market expertise, focus — and patience,” he says.