CHICAGO—While many real estate investors are treading carefullywhen it comes to the banking industry, banks remain a solid optionfor credit driven investors, according to Chad Firsel, founder ofthe Chicago-based Quantum Real Estate Advisors.
With cap average cap rates falling between 5.6% to 6.9%,depending on term, location, credit, etc., investors can acquirehigh credit tenants at a relatively higher yield, he says. As forbanks, they are making changes that are also attractive toinvestors. By expanding into urban markets and redesigning banks tobe more transaction friendly, banks can put themselves in front ofmore consumers and provide quicker and easier transactions, Firseltells GlobeSt.com.
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