IRVINE, CA—Properties in and nearMillennial-friendly core business districts ofsecondary cities represent value-add potential, Sperry VanNess' VP of organizational development SolomonPoretsky tells We spoke exclusively withseveral experts in value-add and opportunisticinvestments to get their take on where thegreatest opportunities lie in this category. Here, their thoughtsand predictions. And stay tuned for a more in-depth look at thevalue-add and opportunistic-investments sector in the June issue ofRealEstate Forum. Where do the greatest opportunities liein value-add and opportunistic investments?

Poretsky: I'm still very excited bythe emergence of the 18-hour city as identified byULI back at the beginning of the year. Assets inand near the Millennial-friendly CBDs of these secondary citiesrepresent real opportunities to go in, update and add value. I lovebuildings with open spaces. Regardless of the property type, morecreatively designed spaces are becoming increasingly desirable.Blank-slate buildings offer room to create without having to payfor existing buildouts and for the cost of demolishing them.

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Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on 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.