Friday, May 30, 2014

Interesting Theory On Why Abercrombie & Fitch Has Been Struggling


National Real Estate Investor

Interesting Theory On Why Abercrombie & Fitch Has Been Struggling

It may have something to do with the super unsubtle perfume the retailer spritz throughout its stores.


Content Classification: 



Curated


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Multifamily Boom May Skew Property Tax Assessment Systems


National Real Estate Investor

Multifamily Boom May Skew Property Tax Assessment Systems


There has been a lot of ink spilled regarding the significance of this sea-change in housing. Often overlooked, though, is the effect this construction boom will have on property taxes in the multifamily sector in general.

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Thursday, May 29, 2014

Net Lease Drugstore Values Continue Record Ascent


National Real Estate Investor

Net Lease Drugstore Values Continue Record Ascent


Cap rates for Walgreens and CVS properties reached their historic low in the net lease drug store sector in the first quarter of 2014.

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An Ikea Museum to Open in Sweden


National Real Estate Investor

An Ikea Museum to Open in Sweden

The museum will be located on the site of the retailer's first store in Almhult.


Content Classification: 



Curated


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Is Sears Real Estate Really Losing its Value?

Former Sears Holdings’ exec Steven Dennis caused a stir earlier this month when he suggested in his blog that every day Sears chooses not to liquidate the company loses a bit of value on its real estate, arguably one of its most prized assets.

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Wednesday, May 28, 2014

Health Care Systems Seek Ways to Monetize MOBs


National Real Estate Investor

Health Care Systems Seek Ways to Monetize MOBs

Hospitals and other health care providers, already dealing with changes brought by the new Affordable Care Act (ACA), are selling their assets to third party owners to reap the benefits of escalating property prices.

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The Federal Terrorism Risk Reinsurance Program Provides Market Stability


National Real Estate Investor

The Federal Terrorism Risk Reinsurance Program Provides Market Stability


Since 2002, the property insurance market has been stabilized by a federal terrorism risk reinsurance program in place through the Terrorism Risk Insurance Act (TRIA).

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Tuesday, May 27, 2014

10 Must Reads for the CRE Industry Today (May 27, 2014)


National Real Estate Investor

10 Must Reads for the CRE Industry Today (May 27, 2014)

The owners of One World Trade Center have been forced to cut rents to try and fill space at the tower, which currently is 55 percent leased. After a rapid ascent to become the third largest retailer in the country, Target has struggled of late. Investing in urban real estate is making a comeback. Store closures have been at high levels since the start of 2014. These are all among today’s 10 must reads in the commercial real estate sector.


Content Classification: 



Curated


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Baby Boomers Prefer Urban, Affordable Seniors Housing


National Real Estate Investor

Baby Boomers Prefer Urban, Affordable Seniors Housing

Two important demographic trends are converging in the seniors housing market: (1) The baby boomers are hitting their retirement age. (2) The general population, able to market their homes for more favorable prices, are looking to move into an urban lifestyle.

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Friday, May 23, 2014

Few Cities Have Condo Conversions


National Real Estate Investor

Few Cities Have Condo Conversions

Developers are buying hundreds of millions of dollars’ worth of properties to convert to for-sale condominium housing, but only in a handful of cities.

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Choose the Medium for the Message


National Real Estate Investor

Choose the Medium for the Message

Here’s a basic truth: Leadership is about communication. Here’s another: As casually as we use our communication abilities, no talent needs more directed concentration.

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Thursday, May 22, 2014

The Pendulum Has Swung on Construction Lending


National Real Estate Investor

The Pendulum Has Swung on Construction Lending

There has been a year-over-year net construction lending increase of over $65 million at the end of 2013, across both commercial and multifamily mortgages. Let’s explore what’s behind the numbers.

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Tuesday, May 20, 2014

Retail Market is Back in Business as RECon 2014 Wraps Up


National Real Estate Investor

Retail Market is Back in Business as RECon 2014 Wraps Up

By the end of the day Tuesday it was clear that the industry’s expectations for the 2014 RECon show had been fulfilled—the retail real estate market is once again vibrant. But challenges remain.

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Brokers See Benefit of Auction Process


At first glance, it might appear that real estate brokers and auction companies are foes rather than friends, competitors rather than allies.


Content Classification: 



Marketing


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New Retail Strategies Tap Millennial Spending Power


National Real Estate Investor

New Retail Strategies Tap Millennial Spending Power

Retailers and retail landlords can’t afford to ignore Millennials. This youngest cohort of adult consumers, born between 1980 and 2000, already spends $600 billion a year in the United States and is on track to spend $1.4 trillion annually by 2020, accounting for roughly 30 percent of retail sales.

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10 More Highlights from RECon


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Energy Rush Spikes Investor Interest in Secondary Markets


National Real Estate Investor

Energy Rush Spikes Investor Interest in Secondary Markets

This energy boom, created by the exploratory horizontal drilling and hydraulic fracturing (commonly called “fracking”) of sand and shale formations, has dramatically dropped vacancies and raised rents in all property sectors throughout states like Colorado, Pennsylvania, Texas and Ohio. And according to a new report by CBRE, commercial real estate investors are reporting double-digit returns in these exploration markets, which were traditionally seen as high-risk but are now evolving into longer-term investment horizons.

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Monday, May 19, 2014

Will Omni-Channel Retailing Create a New Rent Model?


National Real Estate Investor

Will Omni-Channel Retailing Create a New Rent Model?

Many landlords are thinking about how to help their tenants create viable omni-channel strategies--and reap financial benefits in return.

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Capital is Plentiful for Retail Acquisitions, but Sky High Valuations Are Pushing Some Investors Out of the Game

For those who view the volume of investment sales as a barometer of the health of the retail real estate market, there’s good news and there’s bad news.

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Quantifying Investment Risk: Ranking the Resilience of 50 Global Cities


National Real Estate Investor

Quantifying Investment Risk: Ranking the Resilience of 50 Global Cities

Traditional methods of property investment risk assessment are insufficient in a world facing unprecedented challenges such as rising sea levels, overpopulation, inequality and access to natural resources; which are changing the basic patterns of the last two centuries. This belief led the Grosvenor Group to publish a ranking of 50 global cities by environmental and social resilience and use this research as part of its investment risk analysis to go beyond the traditional methods such as standard deviation of returns, projected vacancy rates and forecast rental returns.

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5 Must Reads for the CRE Industry Today (May 19, 2014)


National Real Estate Investor

5 Must Reads for the CRE Industry Today (May 19, 2014)

A flurry of billion dollar deals were announced or are in the works.


Content Classification: 



Curated


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Capital Crunch Stymies Affordable Housing Developers

There is no question that the shrinking supply of affordable housing is at odds against what continues to be overwhelming demand. Industry estimates show an affordable housing market that is significantly under-supplied by 10 million to 20 million units nationally.

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Sunday, May 18, 2014

New Show Format Not a Hit with Some Retail Executives


National Real Estate Investor

New Show Format Not a Hit with Some Retail Executives

RECon attendees worry they'll have to fit most of their deal-making into one day.

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2014: Year of the Landlord?

Owners and managers of malls and shopping centers say they are getting meeting requests from tenants with aggressive expansion plans

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Friday, May 16, 2014

2014 Multifamily Housing Survey


National Real Estate Investor

2014 Multifamily Housing Survey





Download a fully copy of NREI's Multifamily Housing Survey.


Download a fully copy of NREI's Multifamily Housing Survey.

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Conventional and Affordable Apartments Get Green With Fannie Mae


National Real Estate Investor

Conventional and Affordable Apartments Get Green With Fannie Mae

The federal government keeps expanding its suite of loan products that encourage energy efficiency.
“We want the owners to invest,” says Chrissa Pagitsas, director of the Green Initiative program for multifamily for Fannie Mae.

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Thursday, May 15, 2014

Expectations Run High for RECon 2014, Focus Switches to Global Marketplace


National Real Estate Investor

Expectations Run High for RECon 2014, Focus Switches to Global Marketplace

Leasing and investment sales professionals expect to see record performance and a renewed interest in retail properties from both tenants and investors. The shadow of the recession that has hung over the conference since 2009 will finally be cast aside.

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10 Must Reads for the CRE Industry Today (May 15, 2014)

Fortress Investment Group is getting ready to make a $4.7 billion bid for Stuyvesant Town-Peter Cooper Village, according to Bloomberg. There may be too much new seniors housing being built, says a report from Green Street Advisors. Dr. Doom, Nouriel Roubini, discusses the current state of the global economy. These are among today’s must reads from around the commercial real estate industry.


Content Classification: 



Curated


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Wednesday, May 14, 2014

Investors Will Remain Interested in Multifamily Through 2015 (And Likely Beyond)


National Real Estate Investor

Investors Will Remain Interested in Multifamily Through 2015 (And Likely Beyond)


The multifamily sector should continue to experience strong consumer and investor demand for at least several years.

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10 Must Reads for the CRE Industry Today (May 14, 2014)

Regency Centers has become the first U.S. REIT to issue green bonds. The massive Stuyvesant Town project in New York is headed for foreclosure. Subway has taken a stake in a New Zealand burger chain that has its sights set on U.S. expansion. Etsy signed a 200,000-sq.-ft. lease for space in Brooklyn. These are all among today’s 10 must reads from around the commercial real estate sector.


Content Classification: 



Curated


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Tuesday, May 13, 2014

Open-Plan Office Space: Is It All It’s Cracked Up to Be?


National Real Estate Investor

Open-Plan Office Space: Is It All It’s Cracked Up to Be?

Not only is the reduction in square footage being overstated, the benefits these formats supposedly offer are failing to materialize, resulting in worse outcomes for office space users.

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10 Must Reads for the CRE Industry Today (May 13, 2014)


National Real Estate Investor

10 Must Reads for the CRE Industry Today (May 13, 2014)

AI-CIO examines when “real estate became all about debt.” Bloomberg’s American Homes 4 Rent is seeing better pricing on its third rental-bond deal. Office Depot may close at least 400 stores after its merger with OfficeMax is complete. A former Sears exec calls for the firm’s liquidation. These are all among today’s 10 must reads from the commercial real estate sector.


Content Classification: 



Curated


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Tech Firms Lease Up Large Blocks of San Francisco Office Space, Lifting Rents

Office leasing activity in San Francisco shot up by 25 percent in the first quarter, with six leases signed for more than 100,000 sq. ft., according to a report by commercial real estate services firm JLL. Five of those leases were by prominent technology firms.

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Monday, May 12, 2014

10 Must Reads for the CRE Industry Today (May 12, 2014)


National Real Estate Investor

10 Must Reads for the CRE Industry Today (May 12, 2014)

Pensions & Investments reports that the U.S. real estate sector produced 7.9 percent in annual returns for investors since 2009. MarketWatch explores three possible scenarios if China’s housing market goes bust. Hilton reveals plans to launch new brands. These are among today’s top stories from around the commercial real estate industry.


Content Classification: 



Curated


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TRIA Expiration Inches Closer


National Real Estate Investor

TRIA Expiration Inches Closer

In January 2013, the real estate industry began in earnest to educate Congress on the need to act quickly to extend the federal terrorism risk insurance program set to expire at the end of 2014. Now, midway through the 2014 legislative session, we still have no concrete timetable for action. For BOMA, it can’t come soon enough. Our message to Congress is clear: Act now.

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Saturday, May 10, 2014

Slow Household Formation a Concern Amid Recovery


National Real Estate Investor

Slow Household Formation a Concern Amid Recovery

The new head of the Federal Reserve, Janet Yellen, recently had some chilling worlds for the housing business, complaining about very slow rates of new household formation.

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Friday, May 9, 2014

Is Whole Foods Still the Darling of the Grocery Industry?


National Real Estate Investor

Is Whole Foods Still the Darling of the Grocery Industry?

Can Wal-Mart & Co. take down Whole Foods or is this all much ado about nothing?


Content Classification: 



Curated


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10 Must Reads for the CRE Industry Today (May 9, 2014)

Six Democratic senators have lined up to oppose the reform of Fannie Mae and Freddie Mac currently being discussed in Congress. RadioShack has put its plans to close 1,100 stores on hold as it seeks to work out agreements with its creditors. Sky-high real estate prices have created an incentive for churches in New York to sell property and raise needed funds. Business Insider examined why Target Canada has struggled. These are all among today’s 10 must reads from the commercial real estate sector.


Content Classification: 



Curated


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Thursday, May 8, 2014

Property Assessments Present Opportunities to Reduce Taxes


National Real Estate Investor

Property Assessments Present Opportunities to Reduce Taxes


Taking the time to review the notice with an experienced property tax professional could reveal opportunities for significant savings.

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Smart Buildings Are Getting Smarter, More User-Friendly


Advances in building and information technologies have brought a new Big Data analytics-based approach to facilities management—one that ushers in a new era of operational control, reliability and productivity for businesses and workers.

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Big-Box Sector Shows Big Improvement

High quality big-box space has been backfilled, either by bringing in new retailers or repurposing the boxes, and demand for big boxes is currently so strong that even vacancies in less desirable centers are filling up.

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10 Must Reads for the CRE Industry Today (May 8, 2014)

Sam Chandan writes about how the Basel III standards will affect commercial real estate lending. Sears Holdings Corp. Chairman and CEO Edward Lampert talked about how closing stores will continue to be part of the company’s future. Mondaq.com looks at how municipalities are using pop-up stores as a tool to drive long-term development. Amazon is opening six of its fulfillment centers for tours. Supervalu acquired 18 Rainbow Foods grocery stores from Roundy’s. These are all among today’s 10 must reads from around the commercial real estate industry.


Content Classification: 



Curated


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Wednesday, May 7, 2014

Exclusive NREI Survey Finds Widespread Optimism in the Multifamily Sector


National Real Estate Investor

Exclusive NREI Survey Finds Widespread Optimism in the Multifamily Sector

The apartment sector today is in a good place—a very good place—and the future looks just as good, according to a survey conducted by National Real Estate Investor.

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10 Must Reads for the CRE Industry Today (May 7, 2014)

Four bidders have emerged as finalists to buy Griffiin-American Healthcare REIT. A Washington, D.C. office trades for a record price. Blackstone’s single-family housing unit is being sued over the condition of its properties. Subway has aspirations to add 8,000 more units in the United States. And Business Insider presents a depressing view of the state of San Francisco’s apartment rental market. These are all among today’s 10 must reads for the commercial real estate sector.


Content Classification: 



Curated


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Tuesday, May 6, 2014

Give the People What They Want


National Real Estate Investor

Give the People What They Want

A recent survey conducted by Mancini Duffy and designed to gain insight into ways that companies can maximize workplace performance to produce successful business results found a large disconnect between what’s most important to employees in the workplace and what employers are currently providing.

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Strong Employment Numbers Lead to Hope for More Office Leases


National Real Estate Investor

Strong Employment Numbers Lead to Hope for More Office Leases

The office sector has been patiently waiting for good news since the end of the recession, McCarthy says. However, expansions and new office leases have been slow to materialize as business executives exercised caution.

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10 Must Reads for the CRE Industry Today (May 6, 2014)

American Homes 4 Rent will start offering bonds backed by its rental home properties, reports Bloomberg. Bill Ackman expects 10-fold returns from investing in Fannie Mae. Office Depot announces plans to close 400 stores domestically, according to Reuters. These are all among today’s must reads from around the commercial real estate industry.


Content Classification: 



Curated


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Monday, May 5, 2014

America's Five Most Visited Chains


National Real Estate Investor

America's Five Most Visited Chains

24/Wall Street looks at the retail chains most frequented by U.S. consumers.


Content Classification: 



Curated


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10 Must Reads for the CRE Industry Today (May 5, 2014)


National Real Estate Investor

10 Must Reads for the CRE Industry Today (May 5, 2014)

Goddard Investment Group and MetLife consider buying Dallas’ largest office tower, according to the Dallas Morning News. Spear Street Capital agrees to pay $278 million for BlackBerry’s Canadian properties, reports Reuters. The Sacramento Bee details a proposal to use $600 million in veterans bonds to build multifamily housing. These are all among today’s must reads from around the commercial real estate industry.


Content Classification: 



Curated


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Seniors Housing: Another False Dawn?

In the late 1990s, there was much fervor around seniors housing, resulting in significant development, over-supply and disappointing returns. Is today’s investment interest, including new development, just another false dawn for this niche? I don’t believe so. With favorable demographic fundamentals and higher yields relative to conventional apartments, the seniors housing sector is emerging as an increasingly attractive investment opportunity.

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Friday, May 2, 2014

REITs Binge on Multifamily


National Real Estate Investor

NREI REITs Binge on Multifamily
Despite high prices for apartment properties, REITs are on a buying binge. They are finding value in mergers that offer them efficiencies that put a strong hold on their markets. They are also looking at market and regions where property prices aren’t so high compared to the income from the properties.read more

From Bryan Shaffer of George Smith Partners... My belief is that REITs have the option to go to smaller markets, that private investors do not have because the lack of financing in small markets.  Call me at 310-867-2906 or email me at bshaffer@gspartners.com. 


Industry Professionals Discuss How Multifamily Real Estate Is Changing


National Real Estate Investor

Industry Professionals Discuss How Multifamily Real Estate Is Changing

NREI's 2014 Multifamily Housing Survey gathered feedback on the outlook for the industry from 944 respondents, including real estate investors, developers, brokers, managers and other real estate professionals. Here, we offer a selection of responses in answer to this question: What are some of the biggest changes you’re seeing with managing apartment properties?

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Multifamily Experts Sound Off on Fannie Mae and Freddie Mac

NREI offers a selection of the diverse range of anonymous responses received in its 2014 Multifamily Housing Survey's question: What are your thoughts about the reforms of Fannie Mae and Freddie Mac?

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Catching Up





After several years of lagging the market, retail properties gain favor with investors.


Retail assets, which have lagged the multifamily and office sectors in recovering from the downturn, have gradually gained favor with investors and retail REITs are taking advantage of the timing by either putting non-core centers on the market or snapping up value-add opportunities.

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10 Must Reads for the CRE Industry Today (May 2, 2014)

Credit Suisse completed a bond deal backed by U.S. home loans. CNBC published a list of cities that are becoming hot real estate markets. And Ares Management, the private equity firm that owns Neiman Marcus, revealed plans to go public, according to The New York Times. These are among today's must reads from around the commercial real estate industry.


Content Classification: 



Curated


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