Nicholas Ziegler
Inland Real Estate Continues Midwest Retail Spree
Inland Real Estate Corp. has been busy in the last month. This week, the firm picked up seven single-tenant retail properties that feature 95,630 square feet of gross leasable area, as well as two grocery-anchored retail properties in Wisconsin, for an aggregate $78.3 million.
New Tishman JV Acquires Stakes in Office Portfolio in Deal Estimated at $1.6B
A joint venture between Tishman Speyer and an unidentified large pension fund has acquired the assets of Tishman Speyer Office Fund, an Australian listed property trust/REIT, in a deal worth a reported $1.6 billion.
Economy Watch: ADP Reports Strong Hiring
The ADP National Employment Report found that the U.S. private sector added a net of 209,000 positions in February. While economic problems in Spain have been at a simmer, indications show they may come to a boil. And retail sales in Europe dropped 0.1 percent from January to February.
Multi-Family REITs Building Momentum in 2012
Chris Wimmer, CFA Vice President & Senior Analyst, Moody’s Investors Service
Strong fundamentals, along with low levels of construction, an increasingly stable employment environment and the difficulties in the single-family market, have pushed occupancy rates and cash-flow growth to new highs in the multi-family market.
Finding Value in Dollar-Store and Drugstore Net-Lease Properties
By Bill Rose, National Director, National Retail Group, Marcus & Millichap Real Estate Services Inc.
For net-lease investments, demand for single-tenant assets is steadily increasing. The traditional dynamics are fluctuating and the lines that separate extreme-value stores and drugstores, for example, are becoming less evident.
Is the Cap-Rate Valuation Model Still Valid?
By Bruce Davis, Senior Partner, Lee and Associates Atlanta
Cap rates have been high for several quarters in a row. But is the cap-rate measure still valid to use when evaluating a CRE buy, especially in the multi-family and net-lease markets?
Looking for the Right Economic Indicators: Is It Time to Bunt or Steal?
By Marcelo Bermúdez, President, Figueroa Capital Group, a subsidiary of the Charles Dunn Co.
There are several signs in the economy telling us what to do, and we’re all looking for the right indicator to make great decisions in the ballgame.
New Signs of Life in the CMBS Markets
After ending the last few months of 2011 on a down note, it seems that CMBS is making a comeback in 2012. New data shows that the pace of new CMBS defaults are about to start slowing, and capital looks to begin flowing again soon.
Wood Partners, East West Partners Arrange $62M in Capital for Denver Multi-Family
The road has been paved for Wood Partners L.L.C. and East West Partners to commence construction of Alta City House, a luxury apartment project in Denver’s blossoming Union Station/Riverfront Park redevelopment, now that the developers have arranged capital from USAA Real Estate Company to move forward with the $62 million project.