Americas Big fish, little fish: The biggest firms get bigger, and consolidation is the way of the industry, or is it? The explosive growth of “super-size” investment managers in recent years has been dramatic. The rising dominance of a few mega-firms raises questions about the effects of consolidation on the broader market, from both the managers’ and the investors’ perspectives.
Americas Is it worth the risk? Investors and investment managers grapple with risk management in the wake of the global financial crisis In the years following the global financial crisis, risk and risk management were the topics on everyone’s lips. Rather than try to predict what might happen, real estate investors need to focus on trying to identify where they would be most vulnerable in executing their current investment strategies, and the kinds of things that could dramatically undermine or interrupt long-term investment performance in the short run.
Americas The inability to accurately gauge and price risk increases investors' vulnerability The need and desire for more uniform and reliable risk assessment in real estate certainly exists, and the inability to properly identify and analyze risk elements leaves investors poorly protected.
Americas Not cheap: Is it time to move down the risk curve? Not all target returns are created equally. It is far more important to focus on target risk levels throughout real estate cycles than target returns.
Americas The doors of perception and liquidity: What do we know about gateway and non-gateway MSAs? The prevailing view is non-gateway cities pose liquidity challenges at the time of sale, which gateway cities presumably do not present. This article presents evidence indicating investors should embrace non-gateway as well as gateway cities.
Americas Managing green: Will sustainability cause the 21st century to be the Age of the Asset Manager? The 21st century may indeed be the Age of the Asset Manager because smart-technology — green-technology — buildings are in greater demand. Smart buildings are all about reducing future capital expenditures and cutting current operating costs.
Americas Risky business: More things can happen than will happen Risk has been defined as the product of the fact more things can happen than will happen. Precisely what will be happening in the relatively near future is one of the hottest topics on the minds of investors lately.
Americas Uber announces move to Oakland Walton Street Capital has sold the historic Uptown Station property in Oakland, Calif., to tech firm Uber Technologies for $123.5 million, or $332 per square foot, according to Real Capital Analytics.
Americas Office market fundamentals show moderate growth Office sector fundamentals are picking up in several major U.S. markets, according to the third quarter edition of Insights + Trends + Opportunities from Transwestern and Delta Associates.
Americas GRESB results indicate a greener trend Results from the 2015 Global Real Estate Sustainability Benchmark Survey and regional snapshots indicate, although much work remains, the real estate industry is experiencing a trend toward greater involvement and transparency in environmental, social and governance issues.
Americas Opportunities in Europe for U.S. investors Europe continues to offer opportunities, and the strong U.S. dollar versus the euro has made investing in European property even more attractive for U.S. investors.
Americas Florida pops up on investors' radar Property investors have been soaking up the rays in the Sunshine State.
Americas Report identifies move toward non-gateway markets Gateway real estate markets such as New York City and San Francisco are losing investor interest in favor of smaller, growing cities, according to the Emerging Trends in Real Estate 2016 report by PricewaterhouseCoopers and the Urban Land Institute.
Americas New funds, old markets With all the uncertainty present in the commercial real estate market, you might think fundraising and capital flows would be moderating. If you thought a little uncertainty could slow this market, however, you would be wrong.
