Vacancies? What vacancies? As medical offices go, the idea of unleased space is practically a foreign concept. Thanks to an aging population that requires more care and the need for medical office visits when a patient is ill or has… Read More
CIRE Weekly
The Fed’s Hawkish Interest Rate Plan
In the Federal Reserve’s semiannual report to Congress, Chair Jerome Powell’s advanced published comments reinforced the between-the-lines takes that many had after June’s meeting of the Federal Open Market Committee. “My colleagues and I understand the hardship that high inflation… Read More
Institutions Readjust RE Allocations
Institutions that have been steadily raising commercial real estate (CRE) target allocations higher in recent years are now opting to stand pat as they focus on rebalancing portfolios and wait for pricing to reset in the higher rate environment. Results… Read More
Credit Spread Effect on CRE Valuations
Standard advice the public hears about bonds is that when the Treasury yield curve inverts, there’s a good chance a recession is on its way. At some point. Eventually. A new Green Street report by managing director Daniel Ismail and… Read More
The Top 500 – America’s Restaurant Chains
It would be a mistake to say that 2022 was a return to business as usual for restaurant companies. After all, “usual” for restaurants doesn’t typically include white-hot inflation, an impossibly shallow labor pool and a tangled supply chain that… Read More
Tax Strategies for NNN Properties
Nobody enjoys paying property taxes, especially when a property is overvalued. Single-tenant, net-leased properties seem especially prone to inconsistent and unfair assessments. But challenging those valuations can be exhausting in a time when assessors are fearful and obsessed with the… Read More
Increasing Net Lease CAP Rates
Cap rates in Q1 2023 represented the highest levels since Q3 2020 for both the single-tenant retail and office sectors, according to a new report from The Boulder Group. Decreasing transaction volume for the greater real estate market continues to… Read More
Dry Powder Ready to Deploy
It’s no surprise that family offices are approaching all new investments with greater caution amid recent market volatility. At the same time, many families are holding onto cash that they are looking to put to work. They may target real… Read More
Expect a Slow-Cession This Year
The Fed will not stop hiking rates until it sees the unemployment rate spike, the banking system won’t collapse and there won’t be a recession in 2023—but whatever you want to call it will walk like a recession, talk like… Read More
REITs Offer Diversification and Timeliness
Recent research by Nareit shows that REIT returns have tended to bounce back—and even surge—after significant public and private real estate market divergences. However, timing is not the only major difference between REITs and common private real estate benchmarks. REITs… Read More