If young workers start moving back to the suburbs to have families, that will boost the value of properties in well-located submarkets like Oak Brook.
The company has sold a 28% stake in its Manhattan office and multifamily portfolio and entered into a contract to sell 112 self storage assets for more than $1.3 billion.
Those thoughts are according to Chris Breeden, director of property management at Seven Oaks Co. in Atlanta, who recently talked with GlobeSt.com about some of the holes landlords may have created through the rise of property management technology.
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