Value-add, industrial and underwriting: Westmount’s CEO breaks down investment interest, portfolio health

Investment opportunities and willing buyers are still in the market, according to the leader of Dallas-based Westmount Realty Capital. Last week, the firm closed on a 280-unit apartment complex in Fort Worth called River Park, marking its return to the submarket.

Despite the COVID-19 pandemic, Westmount is looking for more investment opportunities, said CEO Cliff Booth, not only in apartments but in the industrial and office spaces, as well. In late February, Booth said the company had two office deals in the works in downtown
Dallas. While one has since fallen through, Booth is seeking a lower price on the other –
mainly due to the loss of a major tenant in the building.

View the full Dallas Business Journal Article

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