Asset Class- Page 21 of 141

Asset Class

August 15, 2023

Has the Self-Storage Real Estate Sector Peaked?

An August 6 Wall Street Journal article asked the question: “Is There a Limit to Americans' Self-Storage Addiction?” And answered its questions with: “Billions of Dollars Say Nope.” “There are self-storage facilities around the world, but nowhere have they been more popular to rent and profitable to own than in the U.S., thanks to Americans'…

August 15, 2023

Atlantic Pacific Companies and GTIS Partners Announce Joint Venture for New Development in Miami

"This new venture provides us the opportunity to invest in a significant Class A multifamily development in a location of tremendous growth in the Downtown Miami market."

August 11, 2023

Sealy & Co. Purchases 265,700 SF Iowa Warehouse

Sealy & Co. has continued its midwestern industrial expansion with the purchase of Building A of the Altus Commerce Center, a 265,700-square-foot Class A warehouse and distribution center in Altoona, Iowa.

August 10, 2023

When Bankruptcy Is A Blessing: Huge Rent Growth Drove Strong Q2 For Shopping Center REITs NationalRetail

Space at open-air shopping centers is so constrained, a major retailer’s bankruptcy may have actually been good news. Early in the second quarter, Bed Bath & Beyond went bankrupt and began closing its 480 remaining stores...

August 9, 2023

Messing With The Magic: Why DFW Might Not Outperform This Cycle

The end of 2007 was a tense time for commercial real estate. The subprime mortgage crisis had spread worldwide, the lending market had dried up, and the Federal Reserve began to cut interest rates in a bid to stop turmoil in the housing and financial markets from tanking the economy...

August 9, 2023

US Hotel Occupancy, RevPAR Tick Down in Week Ended July 29

US hotel performance showed mixed results during the week ended July 29, STR reported, citing the latest data from CoStar, which provides information and analytics in the property markets. Occupancy slightly dropped to 72.2% from 72.9% a week earlier and was up 0.6% from the comparable week in 2022.

August 9, 2023

U.S. Industrial Leasing Down A ‘Staggering’ 47% From Last Year: JLL

The industrial sector is still delivering a wave of development across the country that started during the pandemic-era boom, but new data shows demand is not keeping up with the pace of new supply....

August 3, 2023

SmartStop Self Storage Sponsors ‘Flight for Hope’ Round-the-World Journey

SmartStop Self Storage REIT Inc., a self-managed real estate investment trust, is sponsoring the plane for Flight for Hope, a round-the-world journey by Callum Wallace to raise awareness and funds for the nonprofit Home Suite Hope and other charities. An advisor at real estate firm Engel & Völkers Oakville, Wallace is the fourth Canadian to…

August 2, 2023

Blackstone & QTS to spend $8bn building new data centers, as investor prepares for “once in a generation” AI boom

Blackstone’s $68 billion flagship property fund is selling assets and preparing to spend billions on data centers. The Financial Times reports that the Blackstone Real Estate Income Trust, or Breit, plans to pump $8bn into building new data centers through its asset QTS Data Centers, as it predicts a surge in artificial intelligence workloads...