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"Real estate is a bit painful right now, but it corrects. That's how it takes care of itself."
Its 2,300 underused buildings could potentially be converted to more than 100,000 new housing units.
Experts caution that short-term net leases are best suited to markets where rent hikes and rising inflation can be baked into deals.
New stores downsize to 10K SF and existing stores offer 3,500 SF to primary care physicians as focus shifts from convenience to healthcare.
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.
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.
CBRE's Levy predicts some cap rate expansion for new long-term net lease deals, "surprising upside" for retail he says is undervalued.
It's one of many possibilities with the birth and growth of new marketing tools and applications.