Development, Value-Add Key in 2013

LOS ANGELES-Commercial real estate industry leaders amassed at Allen Matkins’ 2013 View From the Top conference on September 9 to discuss the current real estate market and offer forecasts for 2014. Gathering top real estate professionals together creates a pivotal discussion and open exchange of ideas. “They are all sharing their own insights with each other about what is going on, and it actually gives a lot of value to the real estate industry,” said David Osais, Allen Matkins managing partner.

Overall, experts agreed that value-add transactions and new development were key themes in the current market. “You can see now, because of where we are in the development cycle, the amount of capital that has really gone to some of the tertiary, the secondary markets, and that trend has expanded,” said John Tipton, attorney Allen Matkins.