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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’ propensity to accumulate more stuff than they can squeeze into their homes.”
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.”
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.
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…
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JLL Income Property Trust Fully Subscribes DST Offering with St. Paul Apartment Community
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RPT Realty Announces Formation of New Net Lease Retail Real Estate Platform with Sovereign Wealth Fund GIC, Zimmer and Monarch
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JLL Income Property Trust Acquires Premier Suburban Atlanta Apartments
JLL Income Property Trust Acquires Premier Suburban Atlanta Apartments CHICAGO, Aug. 1, 2017 /PRNewswire/ — JLL Income Property Trust, an institutionally managed, daily valued perpetual life REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX), today...
Which two nontraded REIT programs announced a merger agreement on May 30, 2017, and will be seeking shareholder approval?
Which two nontraded REIT programs announced a merger agreement on May 30, 2017, and will be seeking shareholder approval? Answer: MVP REIT and MVP REIT II will file an S-4 with the SEC in connection with the proposed merger according to a filing on June 22, 2017...
Renter Households Reach 50-Year High
Renter Households Reach 50-Year High The Pew Research Center’s analysis of Census Bureau data found that renter household percentages have increased since 2006 across a variety of demographic factors. July 21, 2017 | Paul Bubny | GlobeSt.com WASHINGTON, DC—The...
Silver Portal to launch blockchain-based real estate trading platform
Silver Portal to launch blockchain-based real estate trading platform July 27, 2017 | Loretta Clodfelter | irei.com Blockchain may be the hottest buzzword in finance right now. Also known as distributed ledger technology, it is the structure underlying...
Finra promotes Susan Schroeder to head unified enforcement effort
Finra promotes Susan Schroeder to head unified enforcement effort Ms. Schroeder had been serving as head of enforcement since the departure of Brad Bennett earlier this year July 26, 2017 | InvestmentNews.com The Financial Industry Regulatory Authority Inc. has...
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