For Rappaport founder and CEO Gary Rappaport, real estate investment is about weighing risks and returns while understanding the ins and outs of the local market. It is why the CRE leader almost exclusively invests in shopping centers within the Washington, D.C., area.
Understanding the impact experiential retail and walkable shopping centers have on the market today has become another critical factor in mitigating risk. Before urban markets made their comeback, Rappaport had long been a proponent of investing in inner-city, mixed-use development.
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