SPI in Bisnow – Value-Add Doesn’t Mean What It Used To

Bisnow | September 15, 2014 - "Value-add used to mean buying a foreclosed property that was 50% occupied. That was so two years ago. It’s costing more to get into any deals because rental rates and occupancy are higher than they’ve ever been, says MBP Capital principal Ryan Heddleston (left, with his 4-year-old daughter, Emma, and SPI Advisory's Michael Becker, with his 5-year-old daughter, Bree)..."

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