X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The bifurcated market. The tale of two cities. Two sides of the same investment coin. Pick your cliché and run with it. The division exists in the Southeast as much as anywhere else in the country. But note sales, retail’s return and a rising multifamily market are clearing the way for the opportunities waiting in 2011. “Things are broken into two asset classes today: trophy and trauma,” explains Michael T. Fay, Miami-based president of Colliers International South Florida. “We are seeing activity in the trophy class, the core assets, where a lot of the investment deals are getting done, as well as some balance sheet readjustments. On the trauma side, there are more players, and there’s more money in the marketplace than we’ve ever seen. About 83% of our closed transactions last year were all cash. No financing.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.