While there were volume gains in garden and mid/high-rise transactions, as well as portfolio and individual transactions, the real story was in tertiary markets. In those areas, sales activity jumped 31 percent year-over-year. These gains could be taken as a sign that investors have cooled on pricey primary metros and are looking further out for yield.*
Legacy Alliance’s Commercial Acquisition unit knows the ins and outs of deals big and small. Having not only worked through recent downturns advising owners and lenders, they have also logged successes by knowing market conditions, and thoroughly vetting deals via a proprietary checklist. The systems, checks and balances and transactional experience make Legacy Alliance a substantial partner for any number of opportunities in current markets.
Part of our success has come from forward-looking research into markets and niches where better returns may be achieved. Rather than adopt a “me-too” strategy, paying market (inflated) prices, we pride ourselves on ferreting out deals that deliver significant returns from acquisition through market availability.
Areas of Specialization for Commercial Acquisitions:
- Land – Non-Entitled or Entitled
- Existing Apartment Communities
- Troubled Condominium Projects
- Existing Retail Centers
To learn more about the Commercial Acquisitions efforts of Legacy Alliance, contact us today.