- The 20 ETFs With the Greatest Outflows in the Past Month
Amid the market drops, these funds saw the most money leave them in the last 30 days.
- Riskalyze Fintech Report Card: December 2021
Riskalyze CEO Aaron Klein provides his take on the biggest news to hit advisor technology in the previous month, and says goodbye to the Fintech Report Card.
- WMRE's Common Area: Why Single Family Rentals Are on the Rise
David Howard, executive director of the National Rental Home Council, comes on the podcast to discuss how the single-family rental market has evolved and why the space has thrived amid the pandemic.
- Grocery retailers ramp up COVID-19 vaccine distribution
Meijer has launched a text-based process for people who want to register to receive the vaccine. Those seeking a vaccination text “COVID” to the number 75049 to receive a link to register. The link includes three questions that enable Meijer pharmacies to determine which vaccine phase the patient is in.
- Publix Set to Begin Coronavirus Vaccinations in Florida
The supermarket chain will be administering the Moderna vaccine to customers aged 65 and older.
- ESG Investing Outlook and the Benefits of Tax Credits
Recent research suggests that ESG investing does help achieve better overall performance.
- Lineage Logistics Makes $500 Million Bet on Refrigerated Rail
The warehouse owner acquired Cryo-Trans, owner of refrigerated and insulated railcars.
- Related to Buy Florida Office Tower Popular with Finance Firms
A Related affiliate agreed to buy the Phillips Point building in West Palm Beach for $282 million.
- Six Must Reads for the CRE Industry Today (Jan. 5, 2021)
Smaller metropolitan markets in the middle of the U.S. are seeing the strongest rise in home prices, reports CNBC. Nordstrom looks like one of the department store chains that will survive the pandemic, according to MarketWatch. These are among today’s must reads from around the commercial real estate industry.
- Applebee’s Is Testing its First Drive-thru Location
A franchise operator is retrofitting an existing location in Texas that could serve as a potential prototype for future brand designs.
- USA: Increased Demand for Multi-Generational Housing
The results from AIA's fourth Quarter Home Design Trends Survey show growing popularity of multi-generational housing accommodations.
- Where Are the New Opportunities for Investment in Biolab Assets?
There are areas of the country that are seeing the emergence of new hubs for biolab facilities.
- Eight Must Reads for the CRE Industry Today (Dec. 30, 2020)
The New York Legislature passed one of the most comprehensive anti-eviction laws in U.S. this week, reports The New York Times. With the start of vaccine distribution, businesses and office building owners turn more optimistic about a real return to the office in late spring and summer of 2021, according to the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.
- U.S. 20-City Home Price Index Posts Biggest Gain Since 2014
The S&P CoreLogic Case-Shiller Index climbed 7.95 percent from October of last year.
- Companies Are Fleeing California. Blame Bad Government.: The Editors
In just the past few months, Hewlett Packard Enterprise Co. said it was leaving for Houston. Oracle Corp. said it would decamp for Austin.
- Six Must Reads for the CRE Industry Today (Dec. 29, 2020)
Supermarket chains rethink their reliance on Instacart, reports the Wall Street Journal. The Real Deal ranks the most active New York City developers of 2020. And The New York Times looks at how this year has exacerbated inequality while shielding the well-off from encountering it in everyday life. These are among today’s must reads from around the commercial real estate industry.
- Pensions Swamped in a Sea of Negative Real Rates: Brian Chappatta
The 30-year U.S. real yield has been negative since mid-June after never falling below zero at any point since at least 2004.
- Eight Must Reads for the CRE Industry Today (Dec. 28, 2020)
New York City has implemented a policy of grading buildings to help incentivize more efficient energy usage and most structures received D’s and F’s in initial evaluations, reports Gothamist. Forbes examines considerations for how malls will need to adapt in a changing retail climate. These are among today’s must reads from around the commercial real estate industry.
- 2020 Year-in-Review: NREI's Top 10 Podcasts
A look back at some of the most interesting conversations we had with commercial real estate pros in 2020.
- 2020 Year-in-Review: NREI's Top 10 Galleries
A review of the top galleries posted by NREI in 2020.
- 2020 Year-in-Review: CRE’s 10 Most Important Stories
COVID-19 was the most important trend influencing the market. But it had vastly divergent impacts on different segments of the industry.
- 10 Must Reads for the CRE Industry Today (Dec. 23, 2020)
Commercial Property Executive looks at the real estate industry’s reaction to the new stimulus package. Investors are buying hotels and redeveloping them into rental apartments, reports the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.
- U.S. Bankruptcy Tracker: Virus Sparks Worst December Since 2011
The 44 bankruptcies by companies with over $50 million since Oct. 1 make the fourth quarter the worst period since 2009.
- Second Brooklyn Hotel Files for Bankruptcy in Less Than a Week
The filing covers a planned 26-story hotel and residential tower across from the Peter Luger Steakhouse.
- Capital Markets Remain More than Willing to Finance Multifamily Deals
Even with Fannie and Freddie planning to scale back on multifamily loans, other lenders are ready to pick up market share.
- Seven Must Reads for the CRE Industry Today (Dec. 22, 2020)
The Washington Post looks at what’s included in the $900 billion stimulus package. Many employers plan to encourage rather than require their workers to be vaccinated, reports the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.
- Billionaire Reubens Bet Big on Manhattan’s Battered Real Estate
Simon and David Reuben spent almost $2.5 billion on U.S. property acquisitions and financings, including office, retail and hotel assets.
- Amazon Closes New Jersey Warehouse After Rise in COVID Cases
The online retailer closed the warehouse in Robbinsville Township until Dec. 26 after a spike in asymptomatic cases.
- International Investors Have Sights Set on U.S. Multifamily Deals
The money from overseas spent on U.S. apartment buildings is likely to increase in 2021, once several working vaccines against the coronavirus are widely distributed and it is easier to travel.
- Five Steps to Construct a Diverse Real Estate Investment Portfolio
Here are some guidelines on maximizing returns and minimizing risks when building your commercial real estate portfolio.
- WMRE's Common Area: Why American Cities Will Thrive After the Pandemic
Matt Pestronk, president and co-founder of Post Brothers, comes on the podcast to discuss why the pandemic has not shaken his faith in the long-term outlook for multifamily assets in U.S. cities.
- 10 Must Reads for the CRE Industry Today (Dec. 21, 2020)
Private equity firm Thoma Bravo has struck a deal to acquire property management software developer RealPage for $9.6 billion, reports the Wall Street Journal. Reactions from Marketwatch and The New York Times assess some of the new COVID-19 relief packages measures meant to help renters and whether the deal is big enough to provide the needed jolt to the U.S. economy going forward. These are among today’s must reads from around the commercial real estate industry.
- Oracle Lured to Texas by Lower Payrolls and Labor Pool
Oracle has a campus in Austin, opened in 2018 to local fanfare, which it said could eventually house as many as 10,000 workers.
- Yields at Risk of Shooting Up as Fed Defers Bond-Buying Changes
The Fed wants to keep long-term rates down because that reduces borrowing costs for individuals and businesses.
- Welcome to Wealth Management Real Estate
After a transformational year for commercial real estate, NREI is changing as well.
- New U.K. Exchange Tests Waters on Public Market for Single-asset Real Estate
The British International Property Securities Exchange will allow trading of companies owning single institutional grade real estate assets.
- How Martin Muoto Envisions “Leveling the Playing Field” with SoLa Impact’s New Funds
The founder and CEO of SoLa Impact talks about his plans for the new Black Impact Fund and what type of investors it’s targeting.
- 10 Must Reads for the CRE Industry Today (Dec. 19, 2020)
CVS Health and Walgreens have begun distribution of COVID-19 vaccines to residents and staff of long-term care facilities, reports CNBC. Flexible workspace provider Breather has laid off most of its staff and plans to shut more than 400 locations, according to Commercial Observer. These are among today’s must reads from around the commercial real estate industry.
- NYC’s Plummeting Real Estate Sales Cost City $1.2 Billion
Sales of commercial and residential properties were down 49 percent year-to-date through November, according to REBNY.
- Eight Must Reads for the CRE Industry Today (Dec. 18, 2020)
State governments are trying to figure out how to deal with a looming eviction crisis, reports the Associated Press. KKR predicts that 2021 will bring the strongest economic rebound in decades, according to Forbes. These are among today’s must reads from around the commercial real estate industry.
- Harrisburg PA Multifamily Portfolio Trades for $50M
The Loketch Group will complete a like-kind exchange with the proceeds of the sale primarily with development opportunities in Brooklyn.
- Turnpike Exit 8A Deals Spark Industrial Market Rebound
Strong tenant demand has also caused rents to rise, with the overall average rent higher by 7.8% year-over-year, including 10 submarkets that record rent increases of more than 10% during that period.
- Black Creek Group Plans Atlanta Industrial Park
The firm has acquired 53 acres for the 777,000SF, three-building industrial park in an Atlanta Northwest submarket.
- Amazon to Open 1 Million SF Fulfillment Center Near Pittsburgh
The new facility will be constructed by the Hillwood Group of Dallas and Chapman Properties of Leetsdale, PA. Amazon has committed to investing more than $30 million into the project, state officials note.
- What Will the Cannabis Market Look Like in 12 Months?
As the industry continues to iron out the regulatory process, investment interest should grow.
- CapRock Adds Papago Distribution Center to Phoenix Portfolio
The industrial investor partners with an institutional client to purchase the 226,000-square-foot distribution center.
- South Bay Asset Trades at Record Price
The Laurel Park Commerce Center sells for $200 per square foot, the highest price in the South Bay market.
- BKM Buys Massive Nevada Industrial Property for $111M
The 13-building property totals nearly 900,000 square feet, making it the firm’s largest acquisition to date.
- NJ Light Industrial Portfolio Trades for Second Time in Less Than Two Years
The Camber-Advance Realty venture sold the four-building complex totaling 529,110 square feet to a partnership comprised of Los Angeles-based Cohen Asset Management, Inc. and Intercontinental Real Estate Corporation of Boston.
- New 133K in Leases Brings South Florida Industrial Complex to Full Occupancy
Cushman & Wakefield reported six recent lease deals at the 318,062-square-foot complex, developed by Butters Construction & Development in Broward County, which consists of three buildings (Six, Seven and Eight).
- Port of NY, NJ Solidifies Position as No. 2 US Port
In June, the Port Authority predicted record activity levels at the Port of New York and New Jersey. On Thursday, the authority reported that during the first six months of 2019, the port set a new all-time record for cargo, handling 3,652,841 TEUs (20-foot equivalent units).
- Harf Named to Lead Stan Johnson’s Chicago Office
Harf joined Stan Johnson Co. of Tulsa, OK in October 2011 and has been focused on the sale of net lease assets, working with some of the nation’s most respected and trusted institutions, private equity managers and merchant developers.
- ‘Serial Entrepreneur’ Joins Colliers Life Sciences Team
Brechner joins Colliers with more than 35 years of experience leading companies with revenues in excess of $10 million. For the past 20 years he led ventures within the analytical laboratory and quality assurance industry.
- Transwestern Hired to Lease Cedar Knolls Industrial Property
Constructed in 1987, Morristown North Commerce Center is a two-story property that spans 14 acres. It currently has 32,997 square feet of office/lab/cleanroom space and 14,322 square feet of office space available for lease.
- BH Properties Increases Its Phoenix Footprint
The investor sees Phoenix as a strategic long-term investment market, and is looking to expand its portfolio.
- Amazon Plans Ohio Expansion with Two Robotics Fulfillment Centers
The two new fulfillment centers will be developed in Akron and Rossford and will each total approximately 700,000 square feet.
- Land Offering May Well be California’s Current Largest
Ashurst Ranch consists of 27,944 acres of deeded land spread across 118 parcels, together with 30,210 acres of Bureau of Land Management grazing leases split between two allotments.
- Bonnie Lowenthal Elected New Harbor Commission President
The commission oversees the Port of Long Beach and the staff of the City’s Harbor Department.
- Waller Industrial Park Ticks Many User Boxes
Waller Industrial Park benefits from proximity to US Highway 290 and fast-growing northwest quadrant of Houston, and NRG Manufacturing chose the park for a manufacturing, testing and regional office.
- DelCam to Launch OZ Fund Focused on Manufacturing Sector
The management company’s first OZ fund— Opportunity Zone Fund I—has a target to raise $10 million from inventors and is set to launch in late 2019. The firm hopes to secure its first acquisition in January 2020.
- NJEDA Launches Small Business Growth Initiative
Under the Community Development Financial Institution initiative, the NJEDA will make up to $15 million available to CDFIs to expand their capacity to provide financing to New Jersey small businesses. Applications for the program are expected to be available in September 2019.
- Appetite Strong But Cautious for Cannabis Real Estate
With the legalization of cannabis, there is a lot of excitement for new real estate uses, but there are still challenges to investing.
- Air Reserve Base Trades Hands in IE
An industrial development is planned for the 10-acre site at the March Air Reserve Base in the Inland Empire.
- Largest Industrial Land Deal YTD Ushers in Mega Park
NorthPoint Development LLC nabbed the site located at US 90 and Uvalde Road where it plans to develop a 2.5 million-square-foot master-planned industrial park called NorthPoint 90 Logistics Center.
- Colony Capital Sheds Inland Empire Portfolio
The four asset industrial portfolio trades hands for $105 million to Lincoln Property Co.
- Northwestern Mutual Sells Industrial Complex for $128M
The Los Alamitos Corporate Center has 17 buildings on a 36.9-acre lot and is 98% leased.
- 14-Building Industrial Portfolio Finds New Owner
A 341,252-square-foot 14-building industrial portfolio at 2700 Greens Rd. was recently sold by Aero Greensmor LP to an undisclosed buyer for an undisclosed price.
- RealPage Analytics Touts 100% Data Visibility
RealPage Market Analytics is a lease transaction-driven market research platform that reportedly provides 100% visibility into performance data that is critical to making investment decisions.
- Philadelphia, Newark Score Well in Creating, Attracting Tech
Newark, NJ is also emerging as a technology hub. CBRE reports that total tech occupations grew 9.7% from 2013 to 2018 in the City of Newark.
- Tower Commercial Forms New Cannabis Division
Tower CRE states that the launch of the new division was prompted by closing $50 million in cannabis-related retail and industrial transactions in the last 18 months with an additional $15 million in the pipeline that are expected to close by the end of this year.
- Midwest Industrial Buys Batavia Industrial Property
The firm purchased the 117,472-square-foot property from a national manufacturing company, according to brokerage firm Avison Young.
- DTLA Multi-Story Industrial Leases for $27M
A prop house has leased a 250,000-square-foot industrial facility in Downtown Los Angeles.
- Mark IV Buys 4,300 Acres of Land for Master Plan Community
The Northern Nevada-based industrial and commercial property will be rebranded as Victory Logistics District.
- Ascenty Launches São Paulo Data Centers
The company will own 17 data centers in Latin America upon the four openings later this year.
- Compass Datacenters Plans Up to $3B of New Campuses
Compass Datacenters announced new growth initiatives to develop up to $3 billion in new data center campuses, along with continued support from RedBird Capital, Ontario Teachers’ and the introduction of Azrieli.
- NJEDA Launches Competitive OZ Grant Program
The State of New Jersey contains 169 Opportunity Zones, which span 75 municipalities across all 21 counties.
- Goodman Buys Largest Industrial Sites in Los Angeles
The two industrial sites, which include the Boeing C-17 manufacturing facility, total 127 acres.
- Colliers Says South Florida’s Industrial Market Fundamentals Strong Despite Signs of Moderation
The industrial lease deals negotiated by the Colliers team, headed by Jonathan Kingsley and Stephen Rutchik, were valued at more than $36 million.
- Laredo Spec Industrial Picks Good Time Amid Class-A Shortage
Heavy demand for space in Laredo continues, particularly with those seeking more efficient space, better clear heights, ESFR fire protection, heavy trailer parking, which are included in a new spec build.
- Expect West Coast Warehouse Development to Soar
The West Coast is leading the nation in warehouse development, and will continue, as long as there isn’t a trade war.