𝐁𝐞𝐰𝐚𝐫𝐞 𝐨𝐟 𝐫𝐨𝐬𝐲 𝐭𝐚𝐥𝐞𝐬 𝐢𝐧 𝐚 𝐭𝐡𝐨𝐫𝐧𝐲 𝐦𝐚𝐫𝐤𝐞𝐭. 𝐖𝐡𝐞𝐧 𝐬𝐞𝐥𝐥𝐞𝐫𝐬 𝐜𝐥𝐢𝐧𝐠 𝐭𝐨 𝐥𝐨𝐟𝐭𝐲 𝐯𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧𝐬 𝐰𝐡𝐢𝐥𝐞 𝐛𝐨𝐫𝐫𝐨𝐰𝐢𝐧𝐠 𝐜𝐨𝐬𝐭𝐬 𝐬𝐨𝐚𝐫, 𝐭𝐡𝐞 𝐦𝐚𝐭𝐡 𝐣𝐮𝐬𝐭 𝐝𝐨𝐞𝐬𝐧’𝐭 𝐚𝐝𝐝 𝐮𝐩. 𝐑𝐞𝐦𝐞𝐦𝐛𝐞𝐫, 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐨𝐩𝐭𝐢𝐦𝐢𝐬𝐦 𝐬𝐡𝐨𝐮𝐥𝐝 𝐚𝐥𝐰𝐚𝐲𝐬 𝐩𝐚𝐬𝐬 𝐭𝐡𝐞 𝐫𝐞𝐚𝐥𝐢𝐭𝐲 𝐭𝐞𝐬𝐭. "If you own high-quality real estate in the right asset classes today, there's a lot of liquidity," he said. "In fact, when you take an apartment building out of market today, we see three times as many bidders as we saw only six months ago. And what's happening on the ground and again, the headlines don't capture this, is that buyers are seeing the cost of capital come down and they're seeing new supply come down. Liquidity is coming back into the private market and we take advantage of that when it makes sense in our own portfolio to sell." https://lnkd.in/ebaKK4sC