Search
 

NMHC Apartment Strategies Conference Kicks Off

SAN DIEGO—TruAmerica Multifamily's Robert Hart and others take the stage to kick off the event and discuss affordability and how to look at value-add in the coming year.

By Natalie Dolce | nataliedolce | Updated on January 24, 2017

Panelists onstage Multifamily experts discussed value-add at NMHC’s event Tuesday in San Diego.

SAN DIEGO—“Value-add is in the eye of the beholder.” So said Russell Minnick, president and managing director of Bridge Investment Group, at this morning’s kick-off value add panel at the 2017 NMHC Apartment Strategies Outlook Conference. The panel, held at the Hyatt Regency in downtown San Diego kicked off a three-day NMHC conference and meeting event here.

When moderator Keith Harris, SVP and director of capital markets at the Bozzuto Group, asked panelists about how they look at value-add, Minnick said that it is different for the resident and different for the equity. “I look at it like this: if you can add something that is long term that adds value that can be capped and sold to the market, that is value add.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.