David Smith-Milne, managing director of PlaceFirst, believes it is important to retain the shell of these houses even though inside, two homes will be knocked into one, creating three or four bedroom properties.
Former Harvard Business professor Clark Gilbert engineered a major reorganization of the Deseret media properties, building a digital company, creating a new-and more narrowly focused-editorial identity for the newspaper and unveiling a weekly national print edition.
This amplification then creates a race where investors rush in to snap up properties before the market stabilization they themselves are creating leads to increasing prices which destroys their excess return.
There will be more of them in the future, creating opportunity for explorers (and their investors) with the kind of properties that will catch the attention of the majors.