{"id":1004375489,"date":"2019-12-12T08:42:00","date_gmt":"2019-12-12T16:42:00","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004375489"},"modified":"2020-02-18T10:19:17","modified_gmt":"2020-02-18T18:19:17","slug":"daily-reads-dec-12-2019","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/daily-reads-dec-12-2019\/","title":{"rendered":"DAILY READS: Dec. 12, 2019"},"content":{"rendered":"<div class=\"breadcrumb-container\">\n<p><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004374673\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/daily-reads-dec-10-2019\/media-post-3\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/media-post.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"media post\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/media-post.jpg?w=800\" class=\"size-medium wp-image-1004374673 alignright\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/media-post.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/media-post.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/media-post.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/media-post.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><a href=\"https:\/\/www.marketwatch.com\/story\/the-hottest-housing-markets-of-2020-are-far-from-the-coasts-2019-12-12?mod=real-estate-personal-finance\/\" target=\"_blank\" rel=\"nofollow\"><strong>The Hottest Housing Markets of 2020 are Far From the Coasts<\/strong><\/a><\/p>\n<\/div>\n<p>&#8220;Forget Seattle, Denver and San Francisco. Boise, Idaho, is poised to be the hottest housing market at the start of the next decade.&#8221;<\/p>\n<p><em>\u2014MarketWatch<\/em><\/p>\n<p class=\"single-header-title\"><strong><a href=\"https:\/\/therealdeal.com\/2019\/12\/11\/what-you-need-to-know-about-investing-in-healthcare-real-estate\/\" target=\"_blank\" rel=\"nofollow\">What You Need to Know About Investing in Healthcare Real Estate<\/a><\/strong><\/p>\n<p>&#8220;Jon Foulger, who heads acquisitions at Med Properties, said on the panel that high-net-worth investors are showing a greater appetite for risk, while institutional investors continue to put a premium on consistency. He said he believes that while some other real estate asset classes are showing signs of unrealistic pricing, \u201cthere is still some level of sanity in underwriting healthcare real estate.\u201d<\/p>\n<p><em>\u2014The Real Deal<\/em><\/p>\n<p><strong><a href=\"https:\/\/www.cnbc.com\/video\/2019\/12\/11\/reits-will-continue-to-see-good-performance-jll-says.html\" target=\"_blank\" rel=\"nofollow\">Video: REITS Will Continue to See Good Performance, JLL Says<\/a><\/strong><\/p>\n<p><span style=\"color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: 'Proxima Nova', Arial, Helvetica, sans-serif; font-size: 16px; font-style: normal; font-weight: 400; word-spacing: 0px; float: none; display: inline !important; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial;\">Regina Lim of JLL says she foresees more initial public offerings for Singapore and Indian REITs. She also says, in the last 12 months, Singapore REITs have made \u201cvery nice strategic acquisitions\u201d that will allow them to deepen their exposure in new markets.<\/span><\/p>\n<p><em>\u2014CNBC<\/em><\/p>\n<p class=\"field field--name-title field--type-string field--label-hidden article-title h2\"><a href=\"https:\/\/www.chicagobusiness.com\/news\/one-these-groups-will-get-10-million-help-boost-disadvantaged-neighborhood\/\" target=\"_blank\" rel=\"nofollow\"><strong>One of These Groups Will Get $10 million to Help Boost a Disadvantaged Neighborhood<\/strong><\/a><\/p>\n<p class=\"field field--name-title field--type-string field--label-hidden article-title h2\">&#8220;The Pritzker Traubert Foundation today identified six finalists for its&nbsp;Chicago Prize,&nbsp;a competition that it&nbsp;announced in April&nbsp;as an effort to invest in the neighborhoods\u2019 economic future. A jury selected the six, which will now each receive $100,000 to work on their proposals, from about 80 applicants. advantaged neighborhood.&#8221;<\/p>\n<p><em>\u2014Crain&#8217;s Chicago Business<\/em><\/p>\n<p><a href=\"https:\/\/www.marketwatch.com\/story\/the-hottest-housing-markets-of-2020-are-far-from-the-coasts-2019-12-12?mod=real-estate-personal-finance\/\" target=\"_blank\" rel=\"nofollow\"><strong>Almost 700,000 Californians Moved Out Last Year, and Many Ended Up in Texas<\/strong><\/a><\/p>\n<p><strong><span style=\"font-family: Georgia; font-size: large;\">\u201c&#8217;<\/span><\/strong><span style=\"color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: Georgia, Constantina, 'Nimbus Roman No9 L', serif; font-size: 18px; font-style: normal; font-weight: 400; word-spacing: 0px; float: none; display: inline !important; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial;\">Texas takes second place on the podium among the most popular states for moving to in 2018, with almost 564,000 newcomers,&#8217;\u201d the report said.&#8221;<\/span><\/p>\n<p><em>\u2014Dallas Morning News<\/em><\/p>\n<p><a href=\"https:\/\/www.bostonherald.com\/2019\/12\/11\/boston-real-estate-tax-gets-closer-to-becoming-reality\/\" target=\"_blank\" rel=\"nofollow\"><strong>Boston Real Estate Tax Gets Closer to Becoming Reality<\/strong><\/a><\/p>\n<p>&#8220;Councilors on Wednesday passed a bill that would allow the city to impose a tax of up to 2 percent on real estate sales of more than $2 million. It could generate up to $200 million in new revenue that Edwards said \u201ccould fund a lot of development of public housing.\u201d<\/p>\n<p><em>\u2014Boston Herald<\/em><\/p>\n<p id=\"story_title\"><a href=\"https:\/\/austin.curbed.com\/maps\/tower-highrise-construction-map-austin\/\" target=\"_blank\" rel=\"nofollow\"><strong>Gen Z: New Hope For Struggling Malls?<\/strong><\/a><\/p>\n<p>&#8220;Moreover, the generation&nbsp;\u2014&nbsp;the first member of whom have entered or are about to enter the workforce&nbsp;\u2014&nbsp;are bringing money to spend at the mall. Citing eMarketer data, the CBRE report&nbsp;says that Gen Z spends $143B a year and has some influence on another $460.5B in spending.&#8221;<\/p>\n<p><em>\u2014Bisnow<\/em><\/p>\n<p><a href=\"https:\/\/www.multihousingnews.com\/post\/5-markets-with-the-greatest-rent-loss\/\" target=\"_blank\" rel=\"nofollow\"><strong>5 Markets With the Greatest Rent Loss<\/strong><\/a>&#8221;<\/p>\n<p>&#8220;Countrywide, average rents rose 3.1 percent year-over-year through November, to $1,473, according to Yardi Matrix data. Meanwhile, the five metros on this list saw their overall rents inch down by as much as 4.6 percent. As new supply is coming online at an increased pace and deliveries are expected to surpass 100,000 units this quarter, rents declined nationally by $3 in November.&#8221;<\/p>\n<p><em>\u2014Multi-Housing News<\/em><\/p>\n<p><a href=\"https:\/\/austin.curbed.com\/maps\/tower-highrise-construction-map-austin\/\" target=\"_blank\" rel=\"nofollow\"><strong>10 Towers Poised to Reshape the Skyline in the Next Decade<\/strong><\/a><\/p>\n<p>&#8220;To say the past decade has seen the rise of downtown Austin would be an egregious understatement. The city\u2019s latest and largest building boom hit full throttle during that time, adding a&nbsp;significant number of large buildings&nbsp;to the city.&#8221;<\/p>\n<p><em>\u2014Curbed Austin<\/em><\/p>\n<p><strong><a href=\"https:\/\/www.nreionline.com\/industrial\/will-retailer-bankruptcies-have-negative-impact-warehouse-sector\/\" target=\"_blank\" rel=\"nofollow\">Will Retailer Bankruptcies Have a Negative Impact on Warehouse Sector<\/a><\/strong><\/p>\n<p><span style=\"color: #222222; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: Georgia, Times, 'Times New Roman', serif; font-size: 19px; font-style: normal; font-weight: 400; word-spacing: 0px; float: none; display: inline !important; white-space: normal; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial;\">&#8220;For the past few years, absorption levels in the industrial sector have been record-breaking. But that rate&nbsp;<\/span>may not be sustain<span style=\"color: #222222; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: Georgia, Times, 'Times New Roman', serif; font-size: 19px; font-style: normal; font-weight: 400; word-spacing: 0px; float: none; display: inline !important; white-space: normal; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial;\">able for the rest of 2019 and 2020, though it will remain close to the \u201chighest ever recorded in U.S. history,\u201d according to Ben Conwell, senior managing director for e-commerce and electronic fulfillment group lead at real estate services firm Cushman &amp; Wakefield.&#8221;<\/span><\/p>\n<p><em>\u2014National Real Estate Investor<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Start your day smarter. Commercial Property Executive now delivers a daily batch of other critical content for you to read, listen to and watch.<\/p>\n","protected":false},"author":1269,"featured_media":1004374673,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37301],"tags":[],"class_list":["post-1004375489","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>DAILY READS: Dec. 12, 2019 - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/daily-reads-dec-12-2019\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DAILY READS: Dec. 12, 2019\" \/>\n<meta property=\"og:description\" content=\"Start your day smarter. 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