While some small investors ought to consider buying properties and be satisfied by a modest return, many larger investors are holding out for returns above 20 percent, further slowing sales volume, panelists at a Midtown event told an audience of real estate professionals this morning. Owners of low-cost properties can make a nearly 10 percent annual return for their money if they buy a property under a triple-net lease scenario, said Marilyn Kane, managing director at Sperry Van Ness/Butler Kane, one of six speakers on a panel organized by the real estate-focused NYC Network Group. [more]
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TWEETS
- This week, @DouglasElliman dominates @trdny's "Top Residential Agents" list, scoring three of the top five spots. http://t.co/WuwFfoQI 10:26:54 PM May 25, 2012
- Here's some #NYC residential sales data before you head off to the #Hamptons via @trdny http://t.co/41pt08N4 08:54:27 PM May 25, 2012
- Marcia Gay Harden gets $2.8M for #Harlem townhouse listed by@cathytaub of @StriblingNYC http://t.co/pR718yY4 via @trdny 08:47:36 PM May 25, 2012
- Boymelgreen, Africa Israel settle with @AGSchneiderman over 20 Pine St. construction, but face new $20M suit http://t.co/wYyqrfBP via @trdny 08:16:42 PM May 25, 2012

