National Commercial Real Estate News From CoStar Group
As Housing Rebound Helps More Retirees Sell Homes, Investors Prep for Increased Demand for Senior Housing
Senior housing investment sales, which have been slowly creeping up this year, could see a big boost in activity in the near future. Investors in the sector see senior living assets continuing to benefit from the ongoing recovery in housing, which is making it easier for older owners to sell their homes in anticipation of moving to a senior housing facility.
Seeing this trend, several major public REITs are beginning to sell some of the their commercial...
Institutional Players Jockeying To Lead Single-Family Rentals Believe Bigger is Better
As growth among the publicly held entrants in the single-family field is beginning to show some tapering as housing prices rise and profits have yet to materialize, a handful of players made moves last week to raise investment funds and expand their single-family rental management capabilities.
For starters, Barry Sternlicht’s Starwood Property Trust Inc. edged ever closer to spinning-off its single-family rental homes and distressed and non-performing...