The REITs’ transition from an aggressive acquisition posture to a more disposition-anchored strategy comes against the backdrop of a decline in occupancy rates, a drop in rental rates and a volatile interest rate environment.
Nigel Morris is joining the board of LendUp Global Inc. and boosting his investment in the firm, which uses machine learning to look beyond traditional credit scores in the subprime market.
Litt’s Land & Buildings Investment Management owns a 6.2 percent stake and has been agitating for a year for the company to unlock its real estate and return value to shareholders.
The Supreme Court ruled that states can force online retailers to collect sales tax, Reuters reports. The Trump and Kushner family businesses are stepping away from their hotel plans in New Jersey, according to The New York Times. 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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Fundraising has increased for the asset class, and new players have entered the space, looking to grow and diversify.
The REITs’ transition from an aggressive acquisition posture to a more disposition-anchored strategy comes against the backdrop of a decline in occupancy rates, a drop in rental rates and a volatile interest rate environment.
“I’ve heard about it, but I don’t think it’s right for me.”
The Supreme Court ruled that states can force online retailers to collect sales tax, Reuters reports. The Trump and Kushner family businesses are stepping away from their hotel plans in New Jersey, according to The New York Times. These are among today’s must reads from around the commercial real estate industry.
