Person: Darron Kattan
If you build it, can they afford it?
Darron Kattan said he's seeing so much competition for older properties that prices have been pushed to close to replacement cost, or what it would cost to build the same...
Learn MoreSt. Petersburg’s Fusion 1560 apartments sold for nearly $60 million
"The purchase price is a big number but that's what's happening in today's real estate market. The market continues to be strong for high quality property in high quality locations."
Learn MoreCap Rate Limbo: How Low Can They Go?
“The hardest part of the equation right now is the exit strategy underwriting,” says Darron Kattan, managing director at Franklin Street Real Estate in Tampa, Fla.
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