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Transactions are accelerating as sponsors fuel deals with dry powder and owners rush to lighten balance sheets before credit deteriorates.
Buyers seeking tax breaks have been spiffing up their portfolios by gobbling up mom-and-pop operations.
"The demand for triple net lease, single-tenant properties is still extremely high: The smart money needs a place to go."
They're buzzword-worthy, and could make sense with some pretty large stipulations, but the rates and risks are high and the scalability a question.
The 60% jump in cross-regional flows in the second half of 2021 stands in sharp contrast to the volume recorded in the second half of 2020.
Occupancy at assisted living properties increased while independent living occupancy ticked down.
With interest rates rising and prices for new deals going up, decisions made between initial offers and closing now have added urgency.
Experts advise net lease buyers to avoid volatile high-leverage CMBS deals.
Marcus & Millichap predicts that vacancy will decrease by 20 basis points.
However, some big cities saw significant drops, and the number of employees wasn't as large as pre-pandemic.