LOS ANGELES-There are limitations to value-add properties in secondary and tertiary markets, according to Ed Zimbler, SVP at Berkadia, who explains to GlobeSt.com that savvier investors look for stabilized properties in those markets. In this exclusive video, Zimbler talks about:
- Why rising interest rates aren't a concern for Berkadia
- How agencies are showing discipline
- Berkadia seeking well-sponsored multifamily properties in 2013
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Kelsi Maree Borland
Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.
