Experiential retail was all the rage heading into 2020. As the retail sector continues to gain momentum in its recovery, are consumers and landlords ready to pick up where they left off prior to the COVID-19 pandemic? The simple answer is yes. Strategies across discretionary retail assets, such as malls and lifestyle centers, that focused […]
It is not surprising a global pandemic would reshape society and the economy, creating upheaval in the world as we knew it. But with mass vaccination and a return to a more familiar environment, the questions for real estate investors are: What is the new normal? What has changed since COVID-19 swept the globe, and […]
The adoption of a hybrid communication style — using both online and in-person methods — can be seen already in the commercial real estate investment industry. “You are also likely to see less travel in the early stages of diligence, as LPs and GPs alike have found it can be more efficient to have initial […]
U.S. home prices and rents are experiencing unprecedented growth this year. There are several reasons for this surge, but the key cause is a prolonged housing-supply shortage that hit a record in 2020 and continues to deepen. New residential construction is starting to catch up nationally but is still far from reducing the shortage and, […]
Over the past decade, the real estate market has been undergoing an evolution, shifting its exposure from core property types to those largely considered alternative sectors. These alternatives share a common characteristic: They all are benefiting significantly from emerging consumer preferences, demographic changes and technology developments. One of the newest kids on the block garnering […]
If you want to understand what the future is going to look like, pay attention to what’s going on at the margins of your field of vision. That sage advice was provided by Chris Kutarna, an Oxford University educator and futurist who keynoted our VIP conference in Barcelona in February 2020, which ended up being […]
North America is home to six of the top 20 safest cities in the world, according to The Economist Intelligence Unit’s Safe Cities Index 2021, which is sponsored by NEC Corp. Among the overall regional rankings, Toronto took second place (behind Copenhagen), followed by New York City (11th); Washington, D.C. (14th); San Francisco (15th); Los […]
After a period of caution, buyers are looking to hotels again, reports Marcus & Millichap. Despite lingering challenges facing the lodging sector, investors are showing no signs of backing off. Hotel transaction activity has surged in 2021, with more properties changing hands between April and September of this year than in all of 2020. While […]
The U.S. economy added 531,000 nonfarm jobs in October, according to the Bureau of Labor Statistics, and the unemployment rate edged down 20 basis points to 4.6 percent. The report was stronger than some forecasts, and the total job gains in August and September were also revised upward dramatically. Job growth in August was revised […]
The NCREIF PREA Reporting Standards has released “ESG Principles of Reporting for Private Real Estate” — a collection of best practices for reporting the incorporation of environmental, social and governance (ESG) factors, as well as diversity, equity and inclusion (DEI), for private real estate investment managers. The Reporting Standards stressed that the Principles should be […]
AFIRE, the association for international real estate investors focused on commercial property in the United States, has released its 2021 Mid-Year Pulse Survey Report. The report is a follow-up to the AFIRE 2021 International Investor Survey Report, released April 2021, and details evolutions in real estate investor sentiment over the past six months, alongside emergent […]
Following a second quarter slowdown, fundraising activity stormed back in the third quarter, raising $41.3 billion, the highest third quarter total ever — surpassing the $37.17 billion raised in third quarter 2018 — and the fifth-highest quarterly total ever recorded in this 15-year data series, according to Institutional Real Estate, Inc.’s IREI.Q database. The only […]