WMRE Daily
 
WMRE Daily

FEBRUARY 4, 2022

Top Story

How One CRE Fund Manager Is Shifting Its Investment Strategy with Its Fourth Fund

CONTI Capital decided that investing in older workforce housing and value-add properties was not a sustainable strategy.

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In Case You Missed It ...

More Investors Eying Ways to Tap the Higher Returns of Cannabis Real Estate

With more states legalizing cannabis use, the sector is starting to look at lot less risky.

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WMRE Wire

American Dream Mall Drains Reserves to Pay Muni Bonds

The 3.5-million-sq.-ft. property nearly emptied a reserve account to make a $9.3 million bond payment.

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Rental House Giant Backs $750 Million Push into Lease-to-Own

Rent-to-own startup Pathway Homes plans to spend an initial $750 million acquisition houses on behalf of its customers, who will lease the properties with the option to purchase them.

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Seven Must Reads for the CRE Industry Today

Amazon is expected to report a decline in profits for the fourth quarter because of labor challenges and the supply chain disruption, reports The Wall Street Journal. BNY Mellon is bringing its staff back to the office in early March, according to The New York Times. These are among today’s must reads from around the commercial real estate industry.

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