Tricon Capital Group Inc. has become the third-largest publicly listed landlord of U.S. single-family rentals by snapping up homes from Arizona to Florida.
Builder optimism has its roots in solid sales that are being bolstered by resilient hiring and larger take-home pay following federal government tax cuts.
Investors have been giving REITs, which have underperformed for the past two years, another look, the Wall Street Journal reports. Retail rents in New York have dropped in some corridors over the past year, according to the New York Post. These are among today’s must reads from around the commercial real estate industry.
Key Accounts Manager/New England and Canada Matt Butcher
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The good news for property owners is that there are consulting service companies that can act as a single point of contact for these assessments.
Some of the headwinds that will create a drag on originations are rising interest rates and slowing NOI growth.
“I’ve heard about it, but I don’t think it’s right for me.”
Investors have been giving REITs, which have underperformed for the past two years, another look, the Wall Street Journal reports. Retail rents in New York have dropped in some corridors over the past year, according to the New York Post. These are among today’s must reads from around the commercial real estate industry.
