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Premier Net Lease commercial real estate news, analysis, trends and information focusing on the property fundamentals, finance and investment trends for NNN, and other net leased retail, industrial, office and healthcare assets.
The REIT has purchased 38 bowling centers for $432.9 million.
Declines in mobility and existing home sales leading to more normalized metrics.
Companies also face challenges related to the availability and cost of land.
But economists expect unemployment to peak at 4.2% sometime next year.
Buyers have been holding back because of uncertainty and a belief that properties are still overpriced.
Some cities saw vacancy rates drop by more than 100 basis points since the opening of 2023.
At GlobeSt.com's Multifamily Fall Conference, Cushman & Wakefield's Marc Renard leads a discussion on current investment strategies.
"This is the new normal and the sooner you accept that the sooner you're back to business."
But the potential distress is almost three times as the current distress.
The new company is reserving capacity for the first quarter of 2025.