There Are Still Good Value-Add Deals in L.A. | GlobeSt

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With a 25 percent drop in dollar volume, New York City posted $57.8 billion in sales, but still the 4 th highest performance in. investment sales team that marketed over $1 billion in deals in New.

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“The economy’s in good shape, the unemployment rate is down, job growth is still healthy. so it’s more of a value-add market as opposed to just a cap rate market.” Paul Bubny is managing editor of.

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The buyer is getting a great property, particularly because of its close location to MGM National Harbor and Saint Elizabeth’s, Mullen tells It is also a value add play. structured.

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This may actually be a “Darwinian” consequence in that investors following good discipline in their acquisitions are still in the market. that are neither “A” quality, nor “value-add, high risk,”.

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“There is a substantial demand for core real estate in good locations good quality, and there should be; but when you look at assets selling in other secondary markets in L.A., there continues. He.

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