Private investors have become the fastest growing buyer pool for retail centers due to low interest rates and an increase in 1031 and 1033 exchange activity, according to research from brokerage firm Stan Johnson Company and Real Capital Analytics (RCA)
It’s hard to believe, but rent control is back in vogue. Two states facing shortages of affordable housing, Oregon and New York, have already passed laws that aim to restrain residential rents; other states and cities aren’t far behind. As always, when governments resort to rent control, not everyone thinks it’s such a great idea.
The current economic expansion has become the longest in U.S. history, according to Business Insider. Amazon is planning to build a 43-story tower in Bellevue, Wash., reports the Seattle Times. These are among today’s must reads from around the commercial real estate industry.
