from National Real Estate Investor magazine: Beyond the Downturn: Opportunities Await Institutional Investors
“Markets experiencing a generational correction offer as many opportunities as threats,” explains Jacques Gordon, global strategist at LaSalle Investment Management, an independent unit of Jones Lang LaSalle. “For investors with capital and the confidence to look through the downturn, 2009 will provide some fantastic opportunities. The strategic approach is to distinguish between the assets that are genuinely attractively priced and those that should be even cheaper.”
With $50 billion of assets under management for institutional investors, the Chicago-based firm points to at least four key investment opportunity plays this year:
- REIT shares trading at a massive discount;
- units in limited partnership funds trading at steep discounts;
- non-performing loans or pools of partially performing loans;
- defaulted land deals or development deals in need of recapitalization, but priced such that investors get incomplete improvements at close to zero cost.
Beyond the Downturn: Opportunities Await Institutional Investors
Looks like it's time for opportunistic investments!Tags: opportunisticinvestments, npl, non-performing loans, partially performing loans, panama, development, defaulted land deals, distressed properties
-----
If you want to discuss or find out more about this blog post, call me at 240-441-5086 or email me. (just remove the "-spamnot" from the email address.) Thanks for visiting! Marvin a.k.a. eMarv
