While rising inflation and weaker consumer spending are having an impact on industrial property fundamentals, the comparisons are to record highs in occupancy and rent growth.
Once a niche play, DSTs have drawn the interest of institutional-grade sponsors to offer as an option to retail investors managing their real estate plays.
“This case is about the companies of Donald Trump, not about the man himself,” prosecutor Joshua Steinglass told a group of 18 potential jurors in New York state court on Tuesday as jury selection for the Manhattan trial continued.
The New York-based startup, which launched last year, processes $3 billion in annualized rent payments, and its Bilt Mastercard customers are spending at an annualized rate of $1.6 billion.
Propmodo looks at why a lawsuit involving a JLL-brokered office lease might be important for all real estate brokerages. Kotaku examines a new landlord video game. These are among today’s must reads from around the commercial real estate industry.
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