Net lease investors continue to show a strong preference for dollar store-occupied properties, data for the second quarter of 2019 shows. Cap rates on these types of assets remained unchanged from a year-ago period, at an average of 7.1 percent, according to research from The Boulder Group, an Oak Brook, Ill.-based net lease brokerage firm. What’s more, they were on average 87 basis points lower than cap rates on retail net lease assets overall.
By the end of 2018, 33 states and Canada had legalized medical marijuana and 10 of these states allowed recreational use. But what does this mean for rental property investors? A successful real estate investor understands that having a solid long-term business strategy in place is the key to success.
In this episode of the NREI Weekender Podcast, David Bodamer and co-host Aric Johnson talk about the trends happening in the multifamily sector, how investors and lenders view retail-backed CMBS loans, and whether the self-storage sector remains "hot."
Pennsylvania edged out Texas to claim the title of America’s most diverse state economy. The variety within the nation’s sixth-largest state economy puts it ahead of silver- and bronze-medalists Texas and Colorado.
Luxury movie and dining chain iPic Entertainment Inc. filed for bankruptcy in Delaware and may sell itself less than two years after its initial public offering.
A trade war escalation could bring on a recession in nine months, according to CNBC. A Hudson’s Bay panel found Chairman Richard Baker’s bid for the company “inadequate,” reports the Business of Fashion. These are among today’s must reads from around the commercial real estate industry.
