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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.
Homes Are Selling for Near-Record Highs as Supply Falls to New Low, Demand Picks Up
A record low number of homes for sale combined with an uptick in homebuyer demand propped up housing prices in June, even as elevated mortgage rates kept many buyers on the sidelines. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. The median U.S. home sale price was $426,056 in June, just 1.5% ($6,341) below the all-time high of $432,397 set in May 2022…
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What were the YTD total returns (before sales loads) for Blackstone Real Estate Income Trust’s (“BREIT’s”) Class I and Class S shares through November 2020?
What were the YTD total returns (before sales loads) for Blackstone Real Estate Income Trust’s (“BREIT’s”) Class I and Class S shares through...
Nontraded REITs with Distribution Yield Changes from Q4 2019 to Q3 2020
Nontraded REITs with Distribution Yield Changes from Q4 2019 to Q3 2020 January 5, 2020 | James Sprow | Blue Vault The impact of the COVID 19 pandemic on the nontraded REIT...
Starwood Real Estate Income Trust Declares December Distributions
Starwood Real Estate Income Trust Declares December Distributions December 31, 2020 | James Sprow | Blue Vault On December 31, 2020, Starwood Real Estate Income Trust, Inc....
Blackstone Real Estate Income Trust Declares December Distributions
Blackstone Real Estate Income Trust Declares December Distributions December 31, 2020 | James Sprow | Blue Vault On December 31, 2020, Blackstone Real Estate Income Trust,...
Hospitality Investors Trust Negotiates Alternative to Class C Share Distributions
Hospitality Investors Trust Negotiates Alternative to Class C Share Distributions December 29, 2020 | James Sprow | Blue Vault On December 28, 2020, Hospitality Investors...
JLLIPT Purchased Fort Worth Distribution Center in Texas
JLLIPT Purchased Fort Worth Distribution Center in Texas December 29, 2020 | James Sprow | Blue Vault Jones Lang LaSalle Income Property Trust Inc.(JLLIPT) purchased the...
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Hines opens its gates to Dallas’ latest amenity-rich, in-town neighborhood
Hines opens its gates to Dallas’ latest amenity-rich, in-town neighborhood May 8, 2017 | by Candace Carlisle | Dallas Business Journal Houston-based development firm Hines has opened its gated residential community in North Dallas — the Merion at Midtown Park —...
Mall Owners Fighting Online Stores Turn to Concerts, Food Trucks
Mall Owners Fighting Online Stores Turn to Concerts, Food Trucks With customer traffic sagging, U.S. retail landlords are using their sprawling concrete lots to host events such as carnivals, concerts and food-truck festivals. April 21, 2017 | Bloomberg (Bloomberg) —...
The Inland Empire Expands
The Inland Empire Expands Multifamily rent growth in San Bernardino and Riverside counties continued its extremely fast pace over the past year, supported by a healthy job market and moderate inventory expansion, Yardi Matrix data shows. May 9, 2017 | by Alex Girda |...
Inland Securities Corporation Announces Appointment of Anthony Guzzetta as Senior Vice President-External Wholesaler
In his position, Guzzetta will serve as an external wholesaler working to build relationships with current and new financial advisors in Florida, Puerto Rico and the Virgin Islands.
Q4 2016 Nontraded REIT LifeStage™ Summaries – Available Now!
May 8, 2017 Blue Vault is pleased to release its 4th Quarter Nontraded REIT Industry Review – LifeStage™ Summaries. The full 4th Quarter Nontraded REIT Industry Review (including all sections) will be available online later this week. You may access this...
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