Ground-up development of a real estate project is considered an opportunistic investment. It is an investment in a parcel or site that typically involves some or all the following: rezoning for use or density or both; net new or ground-up construction; conversion of a building from one use to another; complete gut or significant rehab of a building, requiring that it be entirely vacant to complete; introduction of uses not previously seen on this parcel or in this area; etc.
« Back to Glossary IndexOpportunistic Investment
by [email protected] | May 29, 2024
