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"The price-per-door may seem low for multifamily properties in Ravenswood because these buildings are prime value-add opportunities with all units needing to be updated,” says Kiser Group's Danny Logarakis.
Bendetti took note of the appeal of creative office space and the demand for that type of work environment and saw an opportunity to use some of those elements in its industrial properties.
In an EXCLUSIVE GlobeSt.com article, Phil Lavoie, COO of the Gotham Organization, explains why developers should consider food halls as a proven retail concept.
“This acquisition is in line with our strategy of identifying underutilized, high quality food processing facilities that can be retrofitted for modern users,” says Leslie Amoils, president of Infinity Asset Solutions.
In this <b>EXCLUSIVE</b>, Steve Van of Prism Hotels & Resorts says the earlier a hotel project is in the development cycle from land acquisition to stabilized hotel sale, the greater the risk it will be impacted by a recession.