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Lack of inventory, record prices, falling pressure on rent growth makes owning more expensive.
It has to end up on any energy reporting a company may need to do.
They could reduce rates this year but need 'greater confidence' that inflation will continue to fall.
The fund, currently at an estimated $2 billion, uses a strategy that follows demographics, not property types.
It may be that things will be good for a time, but possibly not for that long.
While not the most common form of CRE financing, this backing of riskier projects could be the start of a default wave.
GNL plans on a multi-factor strategy for 2024 and hopes the second half of the year brings better interest rates for 2025.
It's at the highest level since July 2023.
Job growth doesn't guarantee that multifamily development keeps in sync.
But prices still haven't fallen enough to capture investor interest says MSCI.