Arthur Arejian of Vanguard Investments says an large vintage stock of apartments, no rent control and rent growth averaging 4% a year makes Glendale a prime market for value-add deals.
“The strong reaction from lenders demonstrates that the market is still hungry for great retail deals and that aggressive CMBS debt terms are still available if the sponsor and tenancies are strong.”
Right now investors are watching events closely but taking a wait-and-see attitude, says Colliers' Pete Quinn. Meanwhile the technology for the facilities themselves is rapidly advancing.
Tariffs and the Facebook breach aside, the stock market is on a record run and as a result Wall Street securities firms' profits and bonuses have risen in kind.
MIAMI—Underwriters are paying attention to the hotel dynamics in Florida, which is seeing both a population and tourist boom. What changes are ahead?GlobeSt.com…