Investment Strategy
There has never been a more dynamic time in which to make investment decisions regarding real estate. The ongoing volatility of the capitalization rates coupled with current market fundamentals forces investors to be disciplined with their acquisition and development approach and confident of their exit and targeted returns.
Demand is the key element that will ultimately determine the success of any real estate project. We believe we are at the dawn of a new urbanist movement in terms of infill locations, amenties and architecture as a result of the changing demographics and therefore the changing desires of the American population.
During these unusual times, Prescott Realty Group has chosen to focus on the asset classes of infill mixed-use and transportation or infrastructure-oriented development. These properties whether developed or redeveloped are part of a trend to provide various segments of the population a place to live, work, shop and play. These are unique working and living environments.
Emphasis will be on projects with pent up demand such as mixed-use urban infill with a transportation component that are well designed, well located and not easily reproduced. These mixed-use urban infill properties will take advantage of the population growth and stronger economic activity that creates demand for greater density of use in a specific location, which in turn leads to higher and more consistent returns.
