Retail-backed CMBS loans continue to draw mixed reviews from lenders and investors. Where some see a ticking time bomb, others see an opportunity to invest in high-quality, conservatively underwritten retail loans.
J.C. Penney released a prepared statement on July 19 saying it had not hired strategic advisers to prepare for an in-court restructuring or bankruptcy. The company executives said it “routinely” hires external advisers to evaluate opportunities for the company.
An increasing number of retailers are experimenting with mini distribution centers in their bricks-and-mortar locations to leverage existing physical footprints and dodge record high prices in the industrial sector.
Developers in the U.S. continue to build more low-rise apartment buildings than any other type of construction. That includes a high volume of new garden-style apartment buildings—often three-story “breezeway” apartments.
Delayed multifamily project completions are putting upward pressure on rent growth at new class-A buildings, according to data from research firm the CoStar Group.
The average price of self-storage properties keeps rising, even though many have had to cut rents to compete with new developments in their neighborhoods.
Seniors housing assets are heavily operational. Vetting and selecting the right operator or manager is crucial to success, and waiting too long to bring an experienced operator into a seniors housing deal can be a critical and costly mistake.
WeWork Cos. is setting up $6 billion in financing to pursue its global ambitions, but there’s an unusual catch: It must first succeed in its initial public offering next month.
