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 growth is due to a convergence of factors. Two of the big drivers are greater awareness and access as more states and local municipalities ranging from Chicago to Tulsa get programs up and running. PACE-enabling legislation has been passed in 36 states plus Washington, D.C., and PACE programs are now operating in 24 states as well as the nation's capital. The pandemic also shined a spotlight on C-PACE as an alternative source of capital.
Blackstone Infrastructure Partners and Blackstone’s non-traded REIT (BREIT) are buying data center operator QTS Realty Trust for $6.7 billion, reports The Wall Street Journal. Vox looks at whether the U.S. is experiencing a housing bubble. These are among today’s must reads from around the commercial real estate industry.
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