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ExchangeRight Increases Market Share in First Half of 2023
ExchangeRight, one of the nation’s leading providers of diversified real estate DST and REIT investments, has announced that it has increased its share of the 1031 DST market in the first half of 2023 compared to the 2022 year, representing more than 33% growth, according to a recent report by Mountain Dell Consulting. The report shows that ExchangeRight’s $201.88 million of DST equity raised year-to-date positions the company as the fourth largest sponsor in the securitized 1031 exchange marketplace as measured by equity raised.
US warehouse rents will defy logistics transportation rate drop -Prologis CEO
Warehouse rents will continue to rise even as other supply-chain costs tumble from pandemic highs, the CEO of the world’s largest warehouse landlord told Reuters on Tuesday. Lease prices have proven far more resilient than air, ship, truck and train transportation rates which have dropped sharply due to the consumer spending shift from goods to services, inflation and higher borrowing costs…
Why NYX Capital Sold Its $310M Self-storage Portfolio: President and CEO Yashar Fatehi Cites Economy, Market Conditions for Timing of Sale
After making Canada’s largest self-storage portfolio sale thus far in 2023, the CEO of NYX Capital Corp. says his company is not completely exiting the sector. NYX, a Toronto-based private equity real estate investment firm with over $1 billion assets under management, sold its $310-million self-storage portfolio last month. The income-producing properties were sold to Ladera Ranch, Calif.-based SmartStop Self Storage REIT – a $300-million acquisition of eight Ontario properties.
Shopoff Realty Investments and Urban Pacific Create Joint Venture Partnership to Develop Urban Town Homes
Shopoff Realty Investments (“Shopoff”), and The Urban Pacific Group of Companies have created a joint venture partnership to further advance Urban Pacific’s “Urban Town House” (UTH) build-for-rent, multi-generational housing concept.
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Is Downtown L.A. Embracing New Urbanism?
Is Downtown L.A. Embracing New Urbanism? May 8, 2017 | by Michael Abergel | Commercial Property Executive As a construction boom transforms the city, California’s capital of car culture is embracing the principles of density, walkability and verticality. Los...
Originators Backing Off Retail, Hotel Lending; Making Up for it with Increased Industrial, Health Care, Multifamily Outlays
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Blue Vault is pleased to release the Full Q4 2016 Industry Review containing…
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Office Drives CMBS Late-Pays Higher In April
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Economy Watch: Top Rental Markets Still Seeing Price Increases
Economy Watch: Top Rental Markets Still Seeing Price Increases May 8, 2017 | by Dees Stribling | Commercial Property Executive Despite talks of a pricing slowdown, the most expensive rental markets in the U.S. saw price increases in April, according to Zumper’s...
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