Lance Armstrong Dives Head First into Commercial Real Estate
Globe Street announced today that Lance Armstrong is forming a commercial real estate investing company focused on central Texas markets. He has $100M to play with.
One of his partners, Lance Sallis, a 20-year real estate veteran, was previously managing director with Trammell Crow Co.’s Austin office. Here is what Sallis had to say about the commercial markets. Basically FULL SPEED AHEAD!
“Now’s the right time,” Sallis explains. “There’s been a re-pricing of institutional quality commercial real estate assets, and all of this creates a huge buying opportunity for groups willing to buy, hold and reposition properties.”
Learn Commercial Property Investing inside and out … Investortours.com
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