Going into smaller markets in search of yield, industrial investors are starting to cause cap rate compression in those areas. Investors don’t like the high pricing and low cap rates on industrial assets, especially since cap rates continue to compress in some markets. But they still want to invest in this asset class, because continued […]
Many savvy investors thought the markets reached its cycle peak a few years ago. That turned out not to be the case. Ten years since the economic expansion started after the Great Recession, commercial real estate remains strong. Many real estate professionals and investors expected markets, including real estate, to contract sooner, entering hyper-supply. At […]
This is causing physical and mental distress Adults in the U.S. over the age of 18 say they have an average of $29,800 in personal debt (not including mortgages), and 15% of Americans say they think they will be in debt for the rest of their lives. According to Northwestern Mutual’s 2019 Planning and Progress […]
The private equity firm is negotiating to be the buyer in the sale leaseback of the two casinos. (Bloomberg)—Blackstone Group Inc. is in advanced talks to buy and lease back the iconic Bellagio and MGM Grand Las Vegas casinos from MGM Resorts International, according to people with knowledge of the matter. They have yet to […]
To make up for rising materials costs, apartment developers are being forced to put more equity into their projects. Low interest rates are not enough to make up for the rising cost of construction on new apartment building projects. “The drop in interest rates will not make a bad project look good,” says Matthew Swerdlow, […]