Few student housing portfolios are available for investors to buy right now. Stabilized properties within walking distance of campus are also few and far between. However, potential buyers have also become more picky.
As the real estate industry looks to the future, property and asset managers are digitizing every piece of data they possibly can to make smarter decisions about productivity, operational efficiency, and more. From fintech to proptech, real estate leaders are tapping data and technology to solve problems and pursue opportunities and it’s generating a daunting amount of data.
In this episode of Common Area Podcast, David Bodamer discusses Nestpick’s list of the world’s best cities for Generation Z, what RCA’s research is showing for the slowdown of CRE acquisitions by foreign investors, and lastly what questions California’s new rent control law is posing for multifamily investors.
Hudson’s Bay Co. will go private in a deal valuing the Canadian retailer at C$1.9 billion ($1.45 billion), a bid by a group of investors led by Chairman Richard Baker to try their hand at reinvigorating the fading 349-year-old department-store chain.
Destination Maternity is preparing to file for bankruptcy, CNBC reports. Legg Mason is starting its first commercial real estate fund, according to ThinkAdvisor . These are among today’s must reads from around the commercial real estate industry.
