Investors Shift to Renovated Core Assets

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.

By Lisa Brown | June 13, 2018 at 04:00 AM

value-add exclusive Levin Johnston GlobeSt.com: How do you define exit properties and what is fueling the shift to those properties? Levin: Johnston: Levin: GlobeSt.com: Does this mean value-add investments are more of a long shot in the Bay Area? Johnston: Levin: GlobeSt.com: How does this sale speak to the trend of investors shifting to property exits? Levin: Johnston:

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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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Here's a look at the trends, announcements and deals you may have missed in Texas, New Mexico, Colorado, Oklahoma and Arkansas.

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Late-in-the-Game LEED is No Issue in Rehab

By Lisa Brown | August 09, 2018

The former Corrigan Tower was transformed from a midcentury office building to a 150-unit class-A multifamily building with ground-floor retail and a rooftop pool, now called 1900 Pacific Residences.