Rubber Meets the Road panel atRealShare Apartments.
LOS ANGELES—Apartments transactions rose to an all-time recordof $150 billion in 2015 and with $72 billion in sales closed in thefirst half of the year alone, 2016 is on track to not disappoint.Behind these transactions are the professionals who put each dealtogether, whether they're connecting buyers with sellers or liningup the financing to make the sale happen. On a recent panel atRealShare Apartments last week, moderated by KittyWallace, EVP of Colliers International, expert sourcesdiscussed what it takes to sift through the massive number ofplayers in the market to find the right components and parties foreach transaction.
Panelist Gary Goodman, SVP of acquisitions atPassco, provided a national overlook, saying that he isfortunate to be able to look at the country as a whole as opposedto being a regional buyer. “The risk adjusted returns to us arereally the best in the Southeast,” he said, adding that his firm isvery active in Northern Atlanta, the Florida markets, Nashville,and Austin to name a few. “What I like is that they are suburbanlocations. We aren't focused at all on the core inner cityproperties.”
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
