A positive trend for Gulf Coast CRE?

“As pricing in first-tier markets stalls and yields hover in the sub-4 percent range in some of the major gateway markets — which are, in some cases, already in peak pricing territory — we should probably expect investors to move more aggressively into secondary and tertiary markets — and to opportunities beyond core assets to core-plus and value-add properties.”
So says David Lynn, CEO and chairman of Scottsdale, Ariz.-based Everest Medical Core Properties.