Realvest's Heidrich Posts $17M in First Half; Bullish on Second Half

ORLANDO-Unfazed by a sluggish sales market, Realvest Partners Inc. vice president Michael Heidrich has posted $17 million in first-half production, bettering his 2001 six-month mark by $4 million. He predicts a strong sales market ahead in both user buildings and investment properties.

“I am seeing an incredible sales market evolving here recently in both user buildings and investment sales,” Heidrich tells GlobeSt.com. “I think many tenants are tired of seeing their savings dwindle in the stock market and are moving their funds into real estate and deciding to own rather than lease.”

Additionally, he says investors “who typically invest in the stock market are doing the same thing. They have decided that it makes sense to earn a 10% return on real estate versus losing 10% to 20% in the stock market.”