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The survey includes 127 single asset sale transactions over $10 million.
The top CEOs, CIOs and strategists point to logistics, Sunbelt multifamily, and outdoor industrial storage.
Increased costs from climate change, the supply chain crisis and inflation are just some of the reasons.
Non-traditional property sectors like manufactured homes, gaming, cold storage, healthcare and single-family rentals will lead the way.
"While Omicron is a little different, we think most of the evolutionary decisions have already been made."
The Conference Board's recent survey also suggests that remote work surge will continue after the pandemic.
The funds acquired two portfolios consisting of 14 apartment communities developed by Continental Properties with an aggregate value of $1 billion.
Expansions in primary markets climbed to 24% last year from 17% in the final three quarters of 2020.
The industry will add roughly 400,000 new rentals this year.
Dealers in John Burns' survey appear to be planning and buying inventory based on an inaccurate expectation of growth.