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.
Phillipsburg's apartment stock, "is continuing its historically stabilized run, recording a rent appreciation rate of five percent in the past year,” says Stephen Tragash, Gebroe-Hammer Associates senior vice president.
Most investors still involved in the SFR markets now view it as a good long-term play in an asset class that is early on in its maturity and with much room for innovation, ATTOM Data's Daren Blomquist tells GlobeSt.com.
In the case of long-term master leases, developers should be satisfied with the current income situation of the property before any redevelopment, Voit's Seth Davenport tells GlobeSt.com.
Neighborhood centers are likely to see pressure on pricing if existing grocery stores in those properties struggle to compete with the Whole Foods-Amazon combination, says Altus Group's Richard Kalvoda.