Demand for data center space continues to grow in step with technology, which has encroached on all aspects of modern life and business. Investors are also interested in this product type because of its potential to secure high-quality, corporate tenants that will sign leases with 10- to 15-year terms and deliver a consistent revenue stream.
Residents have filed more than a dozen lawsuits against several giant SFR companies, including American Homes 4 Rent and Invitation Homes, along with several other firms that have since merged with the two giants. The lawsuits allege, among other problems, that many rental homes have been badly maintained by unresponsive property managers.
Exclusive research shows despite the reputation for clinging to its "old school" ways, commercial real estate is moving forward in an era of technology and innovation.
The company has been in talks with Fannie Mae and Freddie Mac about securing a $1.15 billion loan for the purchase of apartment properties in Maryland and Virginia.
The New York Times looks at a New York-based multimillion-dollar Airbnb scheme. One non-profit is helping minorities make headway in the commercial real estate industry, according to Forbes. These are among today’s must reads from around the commercial real estate industry.
