Ample Value-Add in Office, Retail, Hotels
GlobeSt.com
By Carrie Rossenfeld
October 16, 2014
IRVINE, CA—As cap rates decline on class-A properties in core markets, many firms are turning to value-add opportunities to maximize yield. In Part 1 of a two-part interview, GlobeSt.com spoke with Bill Shopoff, chairman, president and CEO of Shopoff Realty Investments, which specializes in value-add investments, about this growing segment of the market and where it is heading. In Part 2, to post at a later date, we discuss popular value-add strategies and property types.
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Ample Value-Add in Office, Retail, Hotels