During one of  the  panels of the GlobeSt. Multifamily Fall Conference, titled "Transactions and Dealmaking," panelists expressed their active engagement in the market, scrutinizing every deal that comes their way.

"Our capital partners are somewhat lagging behind us right now, exhibiting uncertainty and a lack of conviction," stated Rob Lester, Senior Vice President at RMR Residential. "However, we remain focused on value-add opportunities. We dive deep, moving quickly and decisively, even though our success rate has dipped a bit."

Discussing 1031 exchanges, Jennifer Keen, EVP and Western Regional Manager at IPX1031, noted a trend of individuals leaving California in search of lower taxes and more favorable environments. Those who have chosen to stay in California, she added, are seeing appreciation. "California is unique and special, which is why so many people are drawn to investing here."

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
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.

Natalie Dolce

Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.