Deal Flow Friday Atlanta: Brooks Colquitt - NEWMARK
In this episode, David Moghavem and Brooks Colquitt delve into the Atlanta real estate market, exploring its growth, appeal, and the various economic drivers that make it a prime location for investment. They discuss the geographical dynamics of the city using the 'Martini Glass' analogy, highlighting the differences between North and South Atlanta. The conversation also covers current market conditions, the impact of bad debt and evictions, and the role of institutional capital in shaping the market's future. With insights on cap rates and investment strategies, this episode provides a comprehensive overview of why Atlanta remains a hot spot for real estate investment, and why now may be the time to strike.
Chapters
00:00 Introduction to Atlanta's Real Estate Market
04:26 Why Atlanta?
09:47 "The Martini Glass" - Understanding Atlanta on a Map
10:40 "The Stem" HWY 400 Corridor (Buckhead, Midtown)
12:08 "The Glass" North Atlanta
13:44 Belief in the Basis Play for North Atlanta
17:20 "The Base of the Martini Glass" South Atlanta
23:16 Values have dropped, but has much changed operationally?
27:27 The Bad Debt Situation and Its Impact
35:21 Institutional Capital's Return to Atlanta
39:13 Identifying Bullish Markets in Atlanta
42:34 Investment Strategies for Current Market Conditions
45:19 0306(1).mp4
YOU CAN CONTACT BROOKS COLQUITT AT brooks.colquitt@nmrk.com