National Real Estate Investor
Retail Industry Has Modest Expectations for Black Friday 2016
Industry insiders predict a better performance this Black Friday than last year, but caution that doesn?t mean Black Friday 2016 will be one for the record books.
10 Must Reads for the CRE Industry Today (October 20, 2016)
Federal Reserve Chairman Janet Yellen may be giving a signal for investors to go after hard assets, according to MarketWatch. The Walgreens/Rite-Aid deal may be derailed because of difficulty in disposing of stores, reports Business Insider. These are among today?s must reads from around the commercial real estate industry.
Milestone Apts REIT Acquiring Six Properties in Five States for $242 Million
Toronto-based Milestone Apartments REIT has agreed to acquire a six-property multifamily portfolio comprising 1,460 units in North Carolina, Colorado, Oklahoma, Florida and Texas for $242.2 million.
Cabela?s Reclaims Some of Its Former Glory, And Bass Pro Swoops In
A combined company has great potential for a diversified real estate strategy, and for future growth.
Miami Investor Buys 730 Luxury Apartments in DFW
Florida-based real estate investor Atlantic Pacific Cos. has acquired two Class A apartments in Dallas-Fort Worth totaling 730 apartments, which will bring its multifamily holdings in the Lone Star state to nearly 3,000 units.
10 Must Reads for the CRE Industry Today (October 19, 2016)
Blackstone's head of real estate contends the Fed raising the interest rates won't mean doomsday for the housing industry, CNBC reports. Lidl will begin its U.S. expansion in 2018 and expects to have 630 stores by 2023, according to Chain Store Age. These are among today's must reads from around the commercial real estate industry.
Taubman Climbs After Activist Asks Company to Consider a Sale
Taubman Centers Inc. surged after Jonathan Litt, an activist investor known for targeting real estate companies, pushed for the mall owner to cut costs or consider a sale of the company.
More Pension Fund Money Flowing to Commercial Real Estate
Pension funds remain firmly committed to real estate strategies despite signs that commercial real estate is moving into a later stage of the cycle and investors are lowering return expectations.
Five Ways to Protect Your Investment and Survive Multiple Economic Cycles
Whether you invest yourself or with a fund manager specializing in commercial real estate, consider the following guidelines to protect your investments.
Due Diligence Resources Being Strained ?as Volume of Real Estate Transactions Grows
Although the use of leverage is much more modest today, there are similarities in today's market compared to the 2008 financial crisis.
The Q3 2016 Preqin Quarterly Update
Q3 2016 saw relatively few closed-end private real estate funds reach a fi nal close, with 31 vehicles raising $18.5bn, down from 46 funds raising $31.4bn the previous quarter.
10 Must Reads for the CRE Industry Today (October 18, 2016)
Institutional investors can?t get enough real estate, according to The Telegraph. Supervalu has sold the Save-a-Lot chain for $1.4 billion, reports USA Today. These are among today?s must reads from around the commercial real estate industry.
New FASB Standards Are a Potential Game-Changer for Lease Negotiations
The new leasing standard will likely change the nature of these negotiations as tenants will be seeking shorter leases to minimize the financial impact of the new standard.
Banks Pick Up Greater Share of Multifamily Lending Business
Banks lenders originated more than a third?38 percent?of all permanent apartment loans in the first half of 2016.
Real Estate Seen Hurt by Brexit Unease of Wait Now, Invest Later
Global firms with substantial London operations are considering shifting staff to other nations on concerns that British Prime Minister Theresa May will be unable to strike a post-Brexit deal that preserves the right to sell goods and services freely around the European Union.
10 Must Reads for the CRE Industry Today (October 17, 2016)
Barron's examines potential effects Trump's proposed wall could have on the U.S. real estate market. Deutsche Bank may reduce its U.S. operational footprint as it tackles mounting legal costs, The Real Deal reports. These are among today's must reads from around the commercial real estate industry.
Rents Are Down in Manhattan. You Still Can?t Afford to Live There
Manhattan rents decreased in September, marking only the second time since February 2014 that median rents for the borough fell from a year earlier.
New Competitors Still Entering Houston Retail Market Amid Oil Slump
Mark Sondock isn't worried about Houston's retail market amid the energy downturn. In fact, low oil prices are a boon to local retailers, whose shoppers have more disposable income to spend on goods and services.
Fast-Fashion Retailers Struggle with Slower Growth
Millennial shoppers are not as brand-loyal as they have been in previous business cycles.
Seniors Housing Investors Focus on Assets Offering Continuum of Care
From an investment perspective, properties that offer care from independent living to assisted living to acute care are more stable assets, sources say.
Six Things You Should Know About Future City Development
The past decade and a half has been marked by the ?back to city movement,? and young people are leaving suburbs in droves.
10 Must Reads for the CRE Industry Today (October 14, 2016)
The Street details reasons why acquiring Staples would be a good investment move for Amazon. Ulta Beauty now plans to add another 1,700 store locations, an increase from the 1,400 originally planned, according to Chain Store Age. These are among today's must reads from around the commercial real estate industry.
Sears Saga to Continue for Some Time, as Company Faces ?No Urgency? to Close Stores
As the value of Seritage?s holdings grows, does Sears have a strategy to improve its retail operations?
Office Market Going Strong, But Rent Growth May End in 2018
Real estate services firms JLL and CBRE claim in recently released reports that a steady demand for space and limited new construction are supporting healthy fundamentals.
The Cheapest Cities to Base Your Tech Startup
While tech talent is still concentrated in San Francisco, workers are already starting to flee in search of lower rents and higher quality of life.
Japanese REIT On Buying Spree, Closes On Fifth D.C. Sale in Eight Months
Unizo Holdings Co. Ltd. closed on its $228 million acquisition of the 332,022-square-foot Executive Building at 1030 15th St. NW.
How Technology Is Revolutionizing CRE Investing
Online platforms provide sponsors with better ways to tell their personal stories and explain their investment philosophies.
10 Must Reads for the CRE Industry Today (October 13, 2016)
MarketWatch looks at the difference between Deutsche Bank and Lehman Brothers. Forbes explores the country?s next big growth metro in Hill Country, Texas. These are among today?s must reads from around the commercial real estate industry.
Pop-Up Shop Strategy Gains in Popularity
It seems that these days more retail landlords are getting in on the craze.
Manhattan Apartment Rents Decline Amid a 35% Surge in Listings
Manhattan apartment rents fell last month as landlords? pricing power was hurt by a wave of new listings and tenants who shopped around for better deals.