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The general sentiment at PCBC was cautiously optimistic given the length of this cycle, but concerns are offset by strong demand for housing, rising wages and low employment, suggesting there is room to go.
There is a healthy mix of buyer profiles targeting the purchase of shopping centers sized above 50,000 square feet, including institutions, developers and high-net-worth private individuals targeting 7 to 8% caps.
Dalcor Holdings recently purchased Vista on Gessner, an 805-unit multifamily development, and will convert all units into upgraded affordable housing for 60% of the area median income.
GlobeSt.com <b>EXCLUSIVELY</b> caught up with Chris Breeden of Seven Oaks Co. to discuss how virtual connectivity is changing how we interact with both tenants and asset owners and how to use these tools effectively in this two-part Q&A series.
Valley Technology Centre has all the fundamentals including its considerable size, opportunity to add value, institutional quality and key Silicon Valley location that PCCP and Lincoln wanted.