The 2016 Net Lease & 1031 Exchange Summit took place yesterday at the Golden Valley Country Club with principal agents at Northstar Retail Group in attendance. Senior Associate Matt Hazelton was one of the speakers on the panel of experts, fielding questions from both the moderator as well as members of the audience.
We asked Matt to summarize his thoughts on the market, as shared with the audience at the summit. “In general, CAP rates for net leased product are still at record lows,” he commented. “Much of the demand is being fueled by coastal investors involved in 1031 tax deferred exchanges”.
Sean Doyle, AJ Prins, and Cory Villaume also attended the summit, which ran from 8am to noon on Tuesday, September 13. This was Matt Hazelton’s second time participating as a speaker on the summit’s panel of experts in recognition of his contributions and experience in the industry.