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BH Dips Its Toe Back Into Retail Buys

LAS VEGAS-The overall tone of RECon 2014 here was almost unbridled optimism. But some were more cautious in that approach than others. One of those was BH properties' Steve Jaffe, and he explains why.

By John Salustri | Updated on June 25, 2014

LAS VEGAS—Not everyone at this year’s rendition of RECon shared the same degree of enthusiasm over the retail rebound. Those more reticent types, such as Steve Jaffe, executive vice president of GlobeSt.com Thought Leader BH Properties, are moving more cautiously, dipping their toe in, as Jaffe put it. Nevertheless, he’s confident enough to see more buying activity coming, especially in BH’s sweet spot, the value-add play.

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