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April ‘24 Investment Sales Market Update
Manage episode 415384869 series 3526991
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Michael King, JT Redd and I discussed the current state of the investment sales market in Salt Lake City. JT and Michael are my go-to resource for all things Investment Sales in. Their team currently has $500M of commercial real estate for sale and under contract, and nobody spends more time talking to buyers, sellers, developers, and LP equity than these two.
Timestamps
00:00 - Mini Perm Construction
06:24 - Building in Downtown SLC
09:27 - Strategies in Current Market
12:14 - Preferred Areas/ Amenities
16:35 - Townhomes
18:20 - Construction Costs
20:45 - Industrial Market
28:36 - Conversions
34:13 - Who Is Buying Right Now
35:55 - Ground Floor Retail on Apartments
39:28 - Office & Retail
42:18 - Class A Strike Prices
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