National Real Estate Investor
Homeownership Near its Lowest in History
The homeownership rate is now just one-tenth of 1 basis point higher than its all-time low in the second quarter of 2015.
10 Must Reads for the CRE Industry Today (April 28, 2016)
Sovereign wealth funds are more attracted to real estate than ever, according to CNBC. Hilton named Thomas J. Baltimore, Jr. as CEO of its new real estate spinoff, reports the Washington Post. These are among today?s must reads from around the commercial real estate industry.
More Due Diligence Needed in Real Estate Deals, Advisor Says
Steven Moore, managing director at KPMG, commented on some of the biggest mistakes that companies make when it comes to due diligence.
Is Cabela?s Acquisition in the Works?
Cabela?s and Bass Pro both specialize in outdoor recreation, but the similarities end there.
When Brokers Cooperate, Sellers Net More
A recent survey of more than 15,000 commercial transactions established that cooperatively sold properties achieved a higher average price per square foot.
Retail Cap Rates Rise in the First Quarter
Retail properties located in Eastern U.S. experienced the biggest quarter-over-quarter jump in cap rates, CBRE research shows.
Fed Leaves Rates Unchanged, Signals Openness to June Increase
Federal Reserve policy makers signaled they?re open to raising interest rates in June, nodding to improvement in global financial markets.
10 Must Reads for the CRE Industry Today (April 27, 2016)
The Federal Reserve is not yet ready to raise interest rates, Reuters reports. Marriott may be overpaying for Starwood, according to Fortune. These are among today's must reads from around the commercial real estate industry.
Boyd Gaming Snaps Up Second Las Vegas Casino Asset In a Week
Boyd Gaming Corp. will pick up Cannery Casino Resorts LLC's operations North Las Vegas for $230 million cash.
1031 Buyers Battle Competition for Assets, Proposed Reforms
Sales motivated by 1031 buyers are back to pre-recession levels of 2005-2007.
How a Reversal of the Millennial Rental Trend Would Affect the Multifamily Sector
Could a homeownership program help reverse the Millennial rental trend?and eat into multifamily profits?
10 Must Reads for the CRE Industry Today (April 26, 2016)
Lone Star Funds raised $5.9 billion for its new real estate fund, reports Reuters. Joseph Chetrit is selling the Sony Building in Midtown Manhattan at a $300 million profit, according to the New York Post. These are among today?s must reads from around the commercial real estate industry.
Court Backs Israeli Bondholders as Urbancorp Restructures Debt
Tel Aviv District Court Judge Eitan Orenstein late on Monday named attorney Guy Gissin an officer of the court with the power to seize any of Urbancorp?s assets.
Coach Sends a Warning to Struggling Department Stores: Gadfly
Any mention of supplier dissatisfaction can be toxic for a retailer. Support of your vendors is the most important aspect of keeping a struggling retailer alive.
Square Feet: Texas Lures Data Centers, Not for Jobs but for Revenue
The state is among the country's leading hosts for the facilities, prized as sources of tax revenue that do not require large infrastructure projects.
Background Check Policies for Apartment Applicants May Be Illegal
Many landlords are now uncertain how to balance their responsibility to keep their communities safe with their responsibility under the law not to discriminate.
Has the Apartment Market Hit the Inflection Point?
New supply has exceeded demand for eight of the last nine quarters.
REITs That Tower Above the Competition amid Data Demand: Gadfly
America?s top tower REITs by market cap, American Tower and Crown Castle International, earn more renting out their cellular infrastructure than carriers.
Private Equity for Public Investors
Why would private equity specialists want to sell part of their company to retail investors unless they were sure they were getting the better part of that deal?
10 Must Reads for the CRE Industry Today (April 25, 2016)
Seeking Alpha asks whether monetizing Macy?s real estate portfolio makes sense. Downtown Detroit is experiencing a real estate resurgence, reports Detroit Free Press. These are among today?s must reads from around the commercial real estate industry.
Developers Are Turning Rust Belt Hulks into Luxury Hotels
The idea is to grab hold of two dovetailing trends: consumers shying away from branded offerings and investors putting money into smaller U.S. cities.
What Property Managers Should Know About Changes in Office Space Preferences
In terms of keeping up with a new age of tenants, Stettinius noted that our stock of buildings?and therefore property managers?is behind the curve.
Leasing Momentum Accelerates at Student Housing Communities
Strong demand and more constrained supply are making the market for student housing stronger this year than it was in 2015.
Ashford CEO: Activists Harming Other Shareholders
When it comes to keeping tabs on the lodging industry, it?s hard to match the energy of Monty Bennett, chairman and CEO of Ashford Hospitality Trust and Ashford Hospitality Prime.
MGM Growth Properties: A Bad Gamble
MGM and MGM Growth Properties have incurred significant debt to build multiple casinos, but it is possible none of them will open this year.
10 Must Reads for the CRE Industry Today (April 22, 2016)
Swedish construction company Skansa began analyzing U.S. markets for commercial real estate investment, Reuters reports. Amazon opens a one million square foot fulfillment center in Dallas, according to Chain Store Age. These are among today's must reads from around the commercial real estate industry.
Four Trends Driving the NYC Office Market
As transportation options have improved, office tenants are looking outside of the traditional Midtown area.
The Benefits and Risks of Online CRE Lending
There are significant complexities in evaluating properties and understanding commercial real estate cycles.
Industrial Tenants Favor Newly Constructed Facilities
U.S. industrial net absorption activity in the first quarter was dominated by move-ins to facilities that were built in the past 27 months.
Blackstone's Profit Falls 77% in Quarter as Asset Sales Slow
Blackstone?s opportunistic real estate funds gained 1.8 percent and its core-plus pools appreciated 4.4 percent.