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Acquiring Silverwood Apartments during COVID allowed Gelt to capture significant value-add upside and a desirable interest rate, and forecast overall returns that met desired yield requirements.
These properties generally satisfy a net lease investor's criteria as they often feature long-term triple net leases with national operators and good real estate.
1 Giralda Farms' landlord, Onyx Equities has selected the firm as the exclusive leasing agent for 115,000 SF of space within the class A office property.
Investors and developers are looking to warehouse conversions in a bid to take advantage of the higher returns and strong rental growth of the logistics sector.
In light of the Coronavirus, major cities seem to have lost their appeal to many residents, but new research spotlights areas that combine suburban and urban touches.