It used to be, before interest rates began their upward journey, that Matt Berres and Samer Khalil with the Newmark Net Lease Capital Markets team would receive between five to ten emails a week regarding 1031 deals in the $1 million to $5 million range. “Those mom-and-pop investors who buy long term stable properties were always the bread and butter of the business” says Matt Berres, vice chairman. “We could always count on having several of those in play at any given time,” he tells 

That side of the business has shrunk significantly as transactions in net lease – indeed all of commercial real estate – has slowed.

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Erika Morphy


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