Moshe Silagi looks beyond state to build his post-recession portfolio
Moshe Silagi, the real estate developer at the helm of Thousand Oaks-based Silagi Development & Management, is lucky enough to be one of the few cash buyers in today’s market.
The Hungarian-born investor played his cards just right, selling millions of square footage in 2007 before the market collapsed. Now he’s using that cash to build up his portfolio again.
This time around, Silagi is looking beyond California’s borders because he thinks markets in other states have weathered the recession better than the West Coast.