Boulder Group's Randy Blankstein discusses the current lay of the land in the net lease world, including what investors need to know about the potential change in how like-kind exchanges are taxed.
The rents offered for new leases reached a new high in April 2021, averaging $1,430 a month across the U.S., according to Yardi Matrix. That’s up 2.0 percent from the $1,401 offered in April 2020, when the U.S. economy was largely shut down to slow the spread of the coronavirus. It’s also higher than the peak of $1,405 reached in March 2020, just before the pandemic began.
Sales of risky CLOs are hitting records, reports The Wall Street Journal. Vox looks at what happened to the $45 billion in federal rent relief. These are among today’s must reads from around the commercial real estate industry.
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