What I'm Reading Fueling Up: The pandemic has reduced interest in international investments for US-based asset owners. At the same time, foreign investors are showing an increased appetite for US, with 75% of respondents to a recent AFIRE survey indicating that they would increase their volume here in the next...
September 27th – Expect Delays
What I'm Reading Expect Delays: NMHC's latest Construction survey found that a whopping 98% of multifamily developer respondents reported being impacted by a lack of materials, the highest share since the survey began. In addition, 83% of respondents reported delays in permitting and starts, 72% reported deals being repriced by...
July 28th – Sitting it Out
What I'm Reading Sitting it Out: Foreign purchases of U.S. residential real estate were down 27% in the year ended in March, a new low since the end of the Great Recession. As insane as the housing market has been, the boom has taken place with little foreign interest compared...
June 21st – Pop Up
What I'm Reading On Demand: Pop-up distribution centers are becoming a thing as the pandemic forced retailers and e-commerce platforms to quickly and cost-effectively respond to localized demand surges in their supply chains. Chain Store Age Cream Rises to the Top: For years, international investors favored office buildings when it...
March 12th – Big Shift
What I'm Reading Turning Inward: Foreign investors in the US are changing their sights from trophy properties in a handful of gateway cities to secondary markets that are experiencing population and job growth as persistently low yields make it hard to meet return targets. Yardi Matrix Same as it Ever...