On July 15, the extension deadline for 1031 Exchange investors to choose on their replacement assets passed. With the deadline in the rearview mirror, single-tenant net-leased (STNL) asset sale velocity flattened in August 2020, according to The August 2020 NNN Market Intelligence Report Chris Pappas, associate director with Marcus & Millichap’s Net Lease Division. Total
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The pandemic has opened the door to a whole host of negotiations about rent abatements, other concessions and lease adjustments between retail landlords and their tenants.  “The pandemic has highlighted the need for many leases to have a greater degree of flexibility to accommodate significant business interruption better,” says Omar Eltorai, market analyst at Reonomy.
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Venture capital investment vehicles could be among the most profitable for opportunity zone investments. Venture capital has the potential to deliver the original investment multiple times over. As a result, venture capital could deliver the highest returns of any other opportunity zone investment. “This investment type requires an entirely different subset of skills and is
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BOSTON – JLL has appointed Travis McCready as executive director and national practice leader within its life sciences practice. Within his new role, McCready will partner with and connect local market teams throughout the US, as part of JLL’s life sciences strategy. He will additionally serve as an advisor to clients; providing the full spectrum
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Eric Trump speaks in Portsmouth, NH on Sept. 17, 2020. Eric Trump, son of President Donald Trump, makes a stop in Portsmouth during one stop on his ‘Make America Great Again!’ tour. Erin Clark | Boston Globe | Getty Images A lawyer for the New York attorney general’s office argued Wednesday that President Donald Trump‘s
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As a provider of joint venture and general partner equity, real estate investment firm RanchHarbor has been seeing an influx lately of multifamily investment opportunities presented by sponsors as value-add. However, upon a closer look at the underwriting, these deals do not actually fit the typical value-add investment profile, says Adam Deermount, co-founder and managing director
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SAN FRANCISCO—The first half of the year brought a torrent of unexpected challenges for the construction industry, particularly in private nonresidential construction. On a national level, nonresidential building starts fell 19% through the first five months of the year, according to Dodge Data and Analytics. In some markets where construction shutdowns were ordered, work levels
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Blackstone has announced the final close of its most recent real estate debt fund, Blackstone Real Estate Debt Strategies IV. The fund has $8 billion of total capital commitments, making it the largest real estate credit fund ever raised, according to the private equity giant. Blackstone Real Estate Debt Strategies has $26 billion of assets
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With lockdowns and social distancing measures keeping people at home, tenants all across the US are having difficulty making their rent payments. Their requests for rent relief are starting to affect equity investors, according to a new report from Bryan Reid, executive director of MSCI Research, and Niel Harmse, senior associate, Global Real Estate Research.
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SAN FRANCISCO—Between all-time low hotel occupancy rates, fizzled retail rent payments, and an increase in office rent abatements and lease extensions, one thing has become evident across the commercial real estate landscape: capital expenditure spending is frozen, says Harris Cohn, vice president of commercial real estate with Carbon Lighthouse. Public first quarter 2020 REIT investor
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ALEXANDRIA, VA – Owner and developer, JBG Smith has acquired seven blocks of Citizens Broadband Radio Service spectrum spanning across Arlington County and the city of Alexandria. The owner and developer purchased the licenses through a national FCC auction, which concluded in late August. The investment is part of a broader initiative to establish National
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