With property fundamentals in their best shape in quite some time and attractive cap rates, some investors are looking to put their money into shopping and power centers.
Investor-driven lenders are continuing to be aggressive in a period of rising interest rates, helping multifamily investors top off their capital stacks.
Farmland prices in the Midwest, the nation’s breadbasket, jumped 20 percent just in the third quarter from a year earlier—bucking a downturn in the residential real estate market, according to data from the Federal Reserve Bank of Chicago and the National Association of Realtors. That was the 11th consecutive quarter of gains, the longest streak since 2014.
The negotiations with Cineworld’s lenders are no longer continuing, AMC said in a US Securities and Exchange Commission filing Wednesday. There’s no assurance that AMC will resume the talks or that the parties could come to terms, the Leawood, Kansas-based company said.
Activist investor Jonathan Litt is urging amusement parks operator Six Flags to monetize its real estate holdings, reports The Wall Street Journal. One distressed real estate expert sees a coming wave that will be larger than during the 2008-09 recession, according to Bisnow. These are among today’s must reads from around the commercial real estate industry.
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