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You are here: Home / Commercial Real Estate & Developers / Equity Management Announces Recent Transactions

Equity Management Announces Recent Transactions

July 27, 2018 by Post

Pelican Plaza 483 Mandalay Clearwater Beach, FL sold 7/19/18 by Ben Mallah, Equity Mgmt  14,400,000

Lexington Club Apts  1200 S. Missouri Clearwater, FL sold 7/26/18 by Ben Mallah, Equity Mgmt  19,400,000

We believe the real estate market will see a sizeable correction in 2019.

Multi Family is over built, interest rates are climbing and developers cannot achieve their projected rents and occupancy.

The 1031 buyers continue to over pay in order to differ taxes, but will soon end when they reach their deadlines.

Retail is being hit hard by Amazon and online sales.  There is opportunity in buying retail and leasing to internet resistant

Businesses.

 

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Filed Under: Commercial Real Estate & Developers

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