News
Coming Soon to a Distressed Property Near You?
September 20, 2010
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| Behringer Harvard?s multifamily team, Mark Alfieri, Peggy Daly, and BobPoynter may pick up a property in the Hub, a market they're eyeing. ?We're definitely interested,? Mark tells us.?Boston is a core market and offers everything we look for in investment locations, including a high barrier to entry and job growth.? During the downturn so far, the company's Multifamily REIT I has targeted troubled condo projects that could be converted into rental properties. They're about halfway to their goal of buying 50-70 assets and, of course, having fun. As Mark toldBisnow DFW reporter Tonie Auer, he ?felt like a kid in a candy store? when he was buying last year. |
