| Wells Fargo?s Steve St. Thomas has good news. There's lots of equity chasing deals and the capital markets look much better than they did six to eight months ago. |
| Recently, the bank has been investing with customers re-purchasing senior notes at a discount. It's been buying industrial buildings in the Southeast—places like North Carolina, Georgia, Florida, Washington, and California. It's pursued deals in Bostonbut didn't take the plunge. "Too much competition," says Steve. It's really important for landlords to acquire buildings at an attractive price so they can win new tenants and renewals in what's still a tenants? market. For plenty more details (this was just the teaser) hear Steve in person at Bisnow?s Capital Markets Summit, this Thursday (3/31). Sign up today! |
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