2016 records most transaction volume in student housing history by Andrea Waitrovich | Jun 6, 2017 In 2016, more than $10 billion of capital flowed into the U.S. student housing space with $9.33 billion directed toward the acquisition of investment-grade student housing assets priced at $10 million or more.
Investor appetite for seniors housing continues to grow in 2017 by Jody Barhanovich | Jun 6, 2017 Investor appetite for seniors housing and care real estate continues to grow, with the majority of investors who specialize in the sector planning to increase the size of their portfolios in 2017.
REITs fall 0.1% in May by Loretta Clodfelter | Jun 2, 2017 The U.S. REIT sector declined 0.13 percent in May, according to the FTSE NAREIT All Equity REITs Index. Year-to-date, the index is up 2.86 percent.
New York REIT buys stake in Worldwide Plaza for $276m by Released | Jun 2, 2017 New York REIT has acquired an additional 49.9 percent indirect equity interest in Worldwide Plaza in Manhattan.
U.S. adds 138,000 jobs in May by Loretta Clodfelter | Jun 2, 2017 The United States added 138,000 jobs in May, according to the Bureau of Labor Statistics.
Wells Fargo Wealth and Investment head David Carroll to retire by Andrea Waitrovich | Jun 2, 2017 David Carroll, the head of Wells Fargo’s Wealth and Investment Management division, will retire as of July 1.
Canadian REIT acquires hotel northeastern U.S. portfolio by Released | Jun 1, 2017 Canada-based American Hotel Income Properties REIT has agreed to acquire a hotel portfolio.
PHG raises $107m for hotel fund by Jody Barhanovich | May 31, 2017 Pacific Hospitality Group has raised $107 million for its hotel fund.
Q1 GDP revised up to 1.2% by Loretta Clodfelter | May 30, 2017 U.S. gross domestic product increased 1.2 percent, according to the Bureau of Economic Analysis.
Urban Edge Properties acquires retail portfolio by Andrea Waitrovich | May 30, 2017 Urban Edge Properties has purchased a seven-property retail portfolio for $325 million.
Shelter Group raises $156m for senior living fund by Jody Barhanovich | May 25, 2017 The Shelter Group has raised $155.8 million for its seventh fund.
DOL won’t delay fiduciary rule by Andrea Waitrovich | May 23, 2017 The fiduciary rule will go into effect on June 9 without further delay.
Trump proposes selling off half of U.S. strategic oil reserve by Andrea Waitrovich | May 23, 2017 The White House has plans to trim the national debt, which includes selling off half of the nation’s emergency oil stockpile.
Mulifamily housing construction slips in April by Released | May 22, 2017 The value of new construction in April dropped 13 percent from the previous month to a seasonally adjusted annual rate of $647.8 billion, according to Dodge Data & Analytics.
Phillips Edison Grocery Center REIT I to acquire real estate assets and asset management business by Released | May 22, 2017 Phillips Edison Grocery Center REIT I has plans to acquire the real estate and asset management business of its sponsor and external adviser.
