Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.
Yet pricing movement has ranged from minus 1% to positive 8% year over year, depending on which index is consulted, say analysts with Keefe, Bruyette & Woods.
High-tax urban locations may lose residents to the suburbs in some parts of the country, write Reis' Victor Calanog and Barbara Byrne Denham in a new white paper.
Brookfield and Silverpeak Real Estate Partners are committing equity to Niido Powered by Airbnb, a venture between the home-sharing giant and Miami-based Newgard Development.
The privatization of Kindred Healthcare occurs as it's winding down the sale of its skilled nursing facility business to a joint venture led by BlueMountain Capital.
Despite general pricing inflation lately, "the markets do not appear to be suffering from the irrational exuberance that has characterized the end of other expansions,” Transwestern's McNearney says.
Even as retail is tied with industrial for the best value, Situs RERC's Kenn Riggs says that “pricing for high-quality retail is holding up although the market is quiet on the transaction side."
Included in the deal is a $315-million sale-leaseback to Gaming and Leisure Properties Inc., the landlord for Penn National and Pinnacle under their respective master lease agreements.