Higher interest rates and a potential recession may already be priced into REIT stocks and strong balance sheets have them positioned to weather any coming storms.
With property fundamentals in their best shape in quite some time and attractive cap rates, some investors are looking to put their money into shopping and power centers.
An architect from Gensler has created an algorithm aimed at figuring out which offices make the most sense to convert to residential, reports Insider. Blackstone lost a rent dispute at Stuyvesant Town-Peter Cooper Village in New York, according to The New York Times. These are among today’s must reads from around the commercial real estate industry.
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