In 2008, Marion Moskowitz was very concerned. She and her husband, Dave, had recently purchased a 225,000 square foot former textile mill for $2 million and were in the process of converting it into multi-tenant use. At the time their project, Franklin Commons, had only four tenants, leasing a total of 20,000 square feet. Meanwhile, [...]
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Real estate investors typically have longer investment time horizons than investors in publicly traded equities, bonds and funds. While it is possible to buy and sell a stock within a few hours, and typical to liquidate these investments within several months, real estate investments are typically held for a decade or more. Consequently, it makes [...] |
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