Thu, 9 March 2017
AIPIS 177 - The Current Real Estate Market for Manufacturing, Office, Retail, Industrial and Multi-Family with Andrew Wright
Jason Hartman talks with Andrew Wright, CEO and Managing Partner at the commercial real estate firm, Franklin Street. He has grown the company to more than 200 employees in major markets throughout the Southeast.
He has been involved in over $1 billion in real estate and finance transactions, and also has experience in distressed real estate, negotiating the resolution of more than $800 million in debt since 2009.
The two discuss the changing nature of real estate thanks to technology, and what sectors are still worth investing in today.
[1:35] How Andrew expects Trump to impact real estate under Trump
[4:59] How much the internet has changed retail centers
[8:31] Internet shopping has changed the demand for warehouse real estate and the delivery industry
[12:54] Andrew's take on the supply/demand status of the market right now
[17:03] What kinds of cap rates Andrew is seeing out there these days
[19:08] Andrew's favorite real estate investment today