2018 Global Leaders in Real Estate Summit: Where will capital be coming from next year?
December 17, 2018
Attendees of the most recent Global Leaders in Real Estate Summit discuss where capital will be coming from next year.
John McClatchy: There's a great opportunity in the secondary market. The primary market is point capital, but there's a lot of people in tenure projects that are looking to exit those projects but have no way to exit. So there is a new opportunity out there called opportunity zones that gives an investor an ability to defer capital gains, and the secondary market people exiting the secondary market going into opportunity zones, we think is a great sector of a new capital coming into the market.