Taylor Grant of California Real Estate Receiverships speaks withGlobeSt.com’s Alyson Grala at Real Estate 2010 about movement inthe market. Watch the full video inDistressed Assets Investor.
LOS ANGELES-Who will emerge as some of the winners in the nextrecovery? According to Taylor Grant of California Real EstateReceiverships, who spoke with GlobeSt.com’s Alyson Grala at RealEstate 2010, it will be people who are after the middle price rangemarket deals as opposed to the $500,000 deals or the billion-dollardeals. He says the winners will be ones that follow real estate 101and have local knowledge. “They understand the value of thatbuilding that they see for sale by a bank. … they are the ones thatare going to make the money.”
Grant also noted that the winning property types will beproperties he calls the “needs” versus “wants.” Gas station, forexample, he says is a “need,” whereas high-end luxury retail, wouldbe a “want.”
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
