Identification of Market Trends
Over the years, Milan has proven itself to be ahead of the curve in identifying trends in the real estate investment cycle and in using this skill to identify and acquire quality real estate opportunities.
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Milan sold apartments near the top of the market in the late ‘80s only to buy them back for less than half the price after the S&L collapse.
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Milan bought shopping centers in Southern California in the early 2000s, before Southern California retail became one of the most desired asset classes among real estate investors.
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In 2003 and 2004, Milan bought office buildings with significant vacancy issues in anticipation of the fundamentals improving due to a stronger economy.
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Between 2001 and 2004 Milan acquired nearly 1 million square feet of commercial property in quality locations in Southern California for an average price per foot of only $90.
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In 2005, Milan reigned in its acquisition activities as the market became overheated. Starting in 2009, Milan began purchasing properties again at significantly reduced prices.