"There's no question that because of the current competition, deals are much harder to come by," says Afire chairman Erwin F. Stouthamer. "However, there are pockets in the market where an investor prepared to take some risk will get a better reward for the investment." As far as market sector interests are concerned, retail properties ranked at the top of the list last year, followed by multifamily investments. The most desirable cities in order of preference were Washington, DC, New York, Los Angeles, San Francisco and Chicago.
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