The number of Sears and Kmart store closures continues to escalate. Sears, which was weighed down by billions of dollars of debt and filed for bankruptcy last October, will close more stores following continued weak performance.
As 2019 nears an end, we’re getting a clear sense that many REITs—most notably those that are publicly traded—have been executing acquisition strategies this year that are more subtle than splashy.
While investors continue to be eager to buy student housing properties, good deals are hard to find. “There haven’t been those massive portfolios that we saw in prior years,” says William Vonderfecht, co-leader of the student housing team for real estate services firm CBRE.
While the office market remains strong, conventional wisdom dictates that the later in the cycle, the more risky the investment in value-add office assets becomes. But investors are bucking preconceived notions about risk in a mature cycle, as there are currently few signs of declining office occupancy.
An annual report from Hodes Weill and Cornell University shows real estate remains a preferred asset class among global institutions. Global institutions continue to raise their allocations to real estate, according to the latest Allocations Monitor survey from Hodes Weill & Associates and the Columbia University Baker Program in Real Estate.
The second annual CREFC CRE CLO Conference, which took place last week, discussed the evolution of the CRE CLO market. Here are some additional takeaways from the conference, including sessions that were closed to the media and insight from a Kroll Bond Rating Agency (KBRA) report.
College students are a high-risk, high-reward market for real estate investors. The image of the rowdy party host in a ramshackle apartment may keep some investors away, but not all college renters are like that.
