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Why Heritage Believes the Market is Frothy

SAN DIEGO—The spread between value-and stabilized property returns is abnormally high, which is why this 10-year-old firm looks to add value for higher cap rates, its principals tell GlobeSt.com in this EXCLUSIVE story.

By Carrie Rossenfeld | Updated on March 27, 2015

SAN DIEGO—The spread between value-and stabilized property returns is abnormally high, which is why the Heritage Group looks to add value for higher cap rates, managing directors Mark Hoekstra and Rocco Cortese tell GlobeSt.com exclusively. We sat down with the principals as the CRE and investment-advisory firm, which has deployed more than $300 million of investor capital in commercial real estate, its 10-year anniversary this year to discuss the types of investments the firm makes, remaining competitive in a market that’s on fire and how they envision the firm’s future.

GlobeSt.com: What do you look for in the commercial real estate properties in which you invest?

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Does your data inspire confidence or is there a significant lack of trust in its validity? Use this assessment to gauge where your organization’s data practices are at today and what gaps exist.

Assessment

Sponsored by Cherre

Enabling Stakeholder Confidence in Your Data: A Self-Assessment for Real Estate Organizations

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