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180 Flats 180 Flats in Redwood City is a 48-unit community that has recently undergone extensive renovations.

REDWOOD CITY, CA—Finding value doesn’t always mean value-add. At least that’s what a number of investors in the Bay Area are experiencing. With apartment demand rising, a vacancy rate near or below 4% and regional unemployment at its lowest level since late 1990s, many investors are investing in fully renovated core assets in core markets.

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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