AltsTech News
AltsTech News
Retailers Seen Closing Thousands of Stores Even After Pandemic
U.S. retailers could shutter tens of thousands of stores even after the pandemic subsides, as shoppers continue to turn toward e-commerce…
Manhattan Office Supply Soars to Highest Level in Three Decades
The amount of office space available in Manhattan is at the highest level in at least 30 years…
Urban Apartments Eye a Long Road to Recovery
As many Americans fled cities during the pandemic and generated a glut of empty apartments, landlords in Manhattan and other urban metros slashed rents and…
What was the total sales of DSTs in 2020 and the projected sales of DSTs in 2021?
Answer: According to a report by Phoenix American, DSTs posted $3.2 billion in sales in 2020 and…
Griffin Institutional Access Real Estate Fund Generates Second Highest Quarterly Return Since Inception
Griffin Capital Company, LLC announced today that Griffin Institutional Access Real Estate Fund (the “Fund”) generated its second highest quarterly return since…
SmartStop Self Storage REIT, Inc. Reports 2020 Full Year Results
SmartStop Self Storage REIT, Inc. (“SmartStop”), a self-managed and fully-integrated self storage company with approximately…
Investor demand driving alternatives into the spotlight
In a turbulent year with overall U.S. commercial real estate volume decline, increased activity in some alternative property sectors was a bright spot for…
What percentage of equity raised by DSTs in December 2020 was in transactions in the multifamily market?
Answer: Approximately 51% of equity raised by asset type in December 2020 was in multifamily assets according to…
Zero Cash Flow Properties: What Are They and How Can They Be Beneficial to Property Owners?
Industrial distribution centers, necessity-based retail centers and corporate office headquarters with long-term, triple-net leases and…
Self-Storage Sector Continues to Deliver for Investors
Amid all the chaos and uncertainty that has roiled the commercial real estate throughout the COVID-19 pandemic, self storage has stood alongside subsectors like logistics real estate…
Phoenix American Releases 1031 Turns 100: Industry Insights on the DST Market
With 2021 marking the 100-year anniversary of the tax-deferred, like-kind exchange, the Delaware Statutory Trust (DST), has emerged…
When did Congress authorize the first tax-deferred like-kind exchange?
Answer: The first tax-deferred like-kind exchange was authorized in 1921. Revisions and clarifications made by Congress in 1990 drew public attention…
Analysis: Big Government Spending Creates Opportunities, Worries for CRE
The U.S. federal government has passed an unprecedented $5.3 trillion of stimulus as part of the effort to recover from the COVID-19 pandemic, and trillions more of infrastructure spending…
Up to $28B in Distressed Retail Could Hit the Market in the Next 24 Months
As the U.S. enters year two of the COVID-19 pandemic, strip centers and malls, which have had most of the exposure to retail tenants that have struggled from a sales perspective…
What was the U.S. national average office vacancy rate at the end of 2020?
Answer: The national average office vacancy rate was 15.0%, an increase of 160 bps over 2019, according to the CommercialEdge National Office…
Vacancy Drives Industrial Pricing Surge
The industrial real estate sector continues to shine, CommercialEdge’s March industrial report shows, with low vacancy affecting a surge in both rents and sales prices. The average…
Nuveen Global Cities REIT Declares February Distributions
On March 24, 2021, Nuveen Global Cities REIT, Inc. (the “Company”) declared distributions for each class of its common stock in the amount per share…
US Hotel Occupancy for Week Ended March 20 Hits Peak Since March 2020
U.S. hotel occupancy for the week ended March 20 climbed nearly seven points from the previous week to the highest level since early March 2020…
Phillips Edison Weighs Shareholder Liquidity Options
Phillips Edison & Co. Inc. said its board and management are evaluating options to provide the grocery-anchored shopping center operator’s shareholders…
Investors set sights on rising star cities in the Sun Belt and Mountain West
Gateway cities have and always will be attractive from both a resident and investor standpoint. However, the pandemic has accelerated migration trends to a handful of…
