Low interest rates provide a double stimulus for multifamily investment. The fact that yields on Treasuries are falling means that cap rates can tighten a bit more and still offer an attractive spread. Meanwhile on the debt side, the cost of capital is lower.
“There are still going to be abnormally high levels of uncertainty around the supply chains of retailers and distributors that are dependent upon Chinese imports,” says Dallas-based Ward Richmond, an executive vice president with real estate services firm Colliers International who specializes in assisting logistics companies, manufacturers, e-commerce companies and retailers in the acquisition and disposition of supply chain real estate.
Iranian officials threaten Trump’s U.S. properties, reports the New York Post. Denver adopts provisions for tall mass timber construction in its building code, according to Mile High. These are among today’s must reads from around the commercial real estate industry.
