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Posted: December 23, 2013
Michael Polimeni, Polimeni International
What was your greatest professional accomplishment in 2013?
Successfully executing a profitable and seamless exit from a foreign real estate market.
What was your most notable project, deal or transaction in 2013?
The sale of development rights to 268 unit transportation oriented residential rental facility in Mineola, NY
What are your predictions for commercial real estate in 2014?
Business as usual for the REITs and Funds, an uphill battle for any private capital looking to acquire new investment vehicles at a realistic price.
What are your resolutions for 2014?
Expand domestically in those markets where there is a positive confluence of energy, economy and zoning.
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