This article from The Counselors of Real Estate newsletter outlines an example of how some investors see problems with outdated property types, while other investors see opportunity. In today’s environment, those who own shopping malls are on the short end of the stick. Meanwhile, buyers may be able to harvest the opportunity, still taking on risk for how what they decide to develop will perform. In land development, there is a great range of risk and reward. This range of success or failure is why land developers should consider diversifying their projects.
I will share Part 2 when it is available.