What I'm Reading Spread Out: In a substantial shift from the past decade, more Americans now say that they prefer a community with big houses even if local amenities are farther away. Part of this is due to Millennial household formation and part is due to the pandemic. However, the...
March 25th – Compression
What I'm Reading Compression: With Class A cap rates at incredibly low levels, industrial real estate investors are increasingly targeting well-located B and C product to generate higher returns. According to a new report by Cushman and Wakefield, average cap rates for Class A properties declined by 33 basis points...
February 16th – Flight to Paradise
What I'm Reading Flight to Paradise: With the northern hemisphere in the middle of winter and many regions still under pandemic lockdowns, wealthy buyers are more motivated than ever to purchase homes on warm-weather islands, sometimes sight unseen. I'm seeing this play out in real time on the big island...