The net lease investment sector is continuing to ride a wave of strong liquidity that is fueling robust transaction volume and steady cap rates and that momentum is likely to stay the course in the coming year, according to NREI’s latest exclusive research into the sector.
NREI recently talked with Jen Ripper, an investment specialist at Penn Mutual Asset Management, to gain insights on investor sentiment regarding CMBS and some of the trends that may influence the market in 2019. Ripper is responsible for research, trading and analysis of both CMBS and agency residential mortgage-backed securities (MBS) at Penn Mutual, which has $25 billion in assets under management.
Nursing homes in rural areas are closing down, reports The New York Times. REITs benefit from the Fed’s softened stance on interest rate hikes, according to the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.
