Delving deeper into the geographical jargon of market tiers sheds light on investment trends and value-add opportunities that would have gone overlooked just a decade ago.
Unlike traditional real estate funds, which call for managers to return money to investors after a set period of time, Cerberus is raising an evergreen fund without a target date for returning capital.
Nordstrom Inc., for instance, posted same-store sales that were almost four times higher than expected after drawing in buyers for both its full-priced and discounted merchandise.
As pension funds, government funds and HNW investors put their money into real estate lending, some in the industry worry about the potential for loan defaults, according to the Wall Street Journal. Chain Store Age looks at the evolution of lifestyle centers. These are among today’s must reads from around the commercial real estate industry.