BJ Turner serves as founding principal of Dunleer, a real estate investment and advisory firm in Los Angeles. BJ Turner created the firm in 2014, and has since developed a portfolio of multi-family and industrial assets throughout Southern California. Within the local Los Angeles market, demand for highly differentiated real estate remain high.
While the coronavirus pandemic has caused some contract turmoil and price discovery challenges in the real estate market, highly differentiated properties that have consistently high collection rates tend to be in demand and hold their pricing. There are still many 1031 buyers who sold real estate in the first quarter of 2020 and will look to place their capital into safer assets. Many of these buyers continue to look for turnkey properties in good locations, and will pay for features such as unobstructed views, newly renovated floor plans, and private outdoor spaces. In Los Angeles, tenants continue to want to live in neighborhoods with high walk scores and great local amenities.
BJ Turner 