WMRE Daily
 
WMRE Daily

NOVEMBER 4, 2022

Top Story

U.S. Port Markets See Outsized Industrial Rent Growth, Dwindling Availability

The lack of available space and spiking rents around major U.S. ports is leading tenants to diversify or relocate to smaller ports around the country.

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Seniors Housing Developers Are Eager to Build New Memory Care Units

It is increasingly rare for developers to build new assisted living facilities without including a wing or a floor of memory care seniors housing.

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WMRE Wire

Blackstone’s $70 Billion Real Estate Fund for Retail Investors Is Losing Steam

Fueled by billions of dollars from affluent individuals, Blackstone Real Estate Income Trust has become one of the firm’s top profit drivers, expanding property investing in private markets to the masses. Now, the money machine is facing its biggest test. Rising interest rates threaten to drag down property values and make cheap debt harder to come by.

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California Wants to Enroll More College Students, But There’s Nowhere to House Them

The Golden State is home to some of the U.S.’ most expensive real-estate, making the ultra-tight market a headwind for attracting those crucial college students in the coming years.

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Eight Must Reads for the CRE Industry Today

Washington Business Journal cites D.C. Property Tax Administration's assessment of the market value of the nation’s highest profile government buildings, such as the White House. The Empire State Building is among a number of office buildings that have installed beehives recently as part of an effort to bring back tenants, reports Commercial Observer. These are among today’s must reads from around the commercial real estate industry.
 

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