Many retail and office buildings currently have high vacancy rates, which can hamper raising rents.
PHOTO: AMIR HAMJA/BLOOMBERG NEWS By Konrad Putzier
May 25, 2021 8:00 am ET Investors are eyeing real estate as a way to hedge against inflation. Many are bound to be disappointed.
While single-family homes usually perform well during inflationary periods, values of offices, retail buildings and other commercial properties can tumble in value if owners aren’t in a position to in
PUBLISHED FRI, APR 23 20215:50 PM EDT Cushman & Wakefield CEO Brett White expects a 10% to 15% near-term decline in demand for office space. “But in the midterm, two to three years, that space should be taken up again,” he told CNBC on Friday. That’s because the economy is “roaring back” and creating new jobs, he said. Cushman and Wakefield CEO: We see 10-15% reduction in demand in office space
Cushman & Wakefield CEO Brett White on Friday offered a positive long-term outloo
Posted on 21 April 2020 Most people have one source of income–their job. But in Tom Corley’s five-year study of self-made millionaires, he found that 65% had three streams of income, 45% had four streams of income, and 29% had five or more streams of income. One way some individuals build an additional stream of income is to purchase and rent residential properties.
But while buying and renting out an apartment or house to a tenant can generate passive income–income earned w
The commercial real estate market is recovering but remains weak compared to conditions before the COVID-19 pandemic, according to NAR commercial members who responded to the 2021 Q1 Commercial Real Estate Quarterly Market Survey and industry data. Acquisitions for large commercial real estate―properties or portfolios of at least $2.5 million ― fell 28% year-over-year in the first quarter of 2021, with transactions declining across all property types, except for hotel acquisi
The acquisition is a part of a series of acquisitions the firm has planned in key coastal logistics markets.
By Erika Morphy | April 28, 2021 at 09:01 AM Private equity firm Elion Partners has acquired a last-mile logistics asset in the Jamaica suburb of Queens for $58M. The 180,200-square-foot property is located at 182-20 Liberty Ave, five miles from John F. Kennedy International Airport.
The acquisition is a part of a series of acquisitions the firm has planned in key coas