Value add hunters find slim pickings

With markets nationwide surging amid protracted growth cycle, investors are having to look harder to find properties capable of big gains.

  • By Kevin McQuaid
  • | 6:00 a.m. March 12, 2021
  • | 0 Free Articles Remaining!
COURTESY PHOTO — Meridian Development Group sold Meridian 589 for nearly double what it had paid in 2017, but the Tampa company is now finding it harder to acquire properties with potentially big upsides.
COURTESY PHOTO — Meridian Development Group sold Meridian 589 for nearly double what it had paid in 2017, but the Tampa company is now finding it harder to acquire properties with potentially big upsides.
  • Commercial Real Estate
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These are tough times for buyers seeking out value-add propositions.

Investors in search of big yields through the purchase and enhancement of properties needing a little TLC say they are having to look harder — and wider — for opportunities.

 

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