The Boulder Group, Wilmette, Ill., said single-tenant net lease big box sector cap rates decreased 50 basis points between late 2020 and late 2021 to 6.25 percent.
Category: News and Trends
Dealmaker: Gantry Secures $77M for Multifamily, Industrial Assets
Gantry, San Francisco, secured $77.6 million in transactions for multifamily and industrial assets in Washington, Montana and California.
Personnel News from Enterprise Community Partners, Walker & Dunlop, Grandbridge
Enterprise Community Partners named Lori Chatman president of its Capital Division, which oversees the equity, debt and tax credit products Enterprise provides to the affordable housing and community development industries.
Fitch: Some REITs Struggle with Coronavirus Effects
Fitch Ratings, New York, reported 17 percent of U.S. equity real estate investment trusts had negative outlooks in December, down significantly from a year ago.
Office Space Recovery Pauses
Office leasing activity slowed in December, reported CBRE, Dallas.
ULI: Infrastructure Investment Can Yield More Equitable, Sustainable Communities
Real estate developers and policymakers can promote equity, environmental resilience and economic mobility by investing in forward-looking infrastructure, said the Urban Land Institute, Washington, D.C
Institutional-Quality Real Estate Returns Set Record
Institutional-quality commercial real estate returned 6.15 percent in the fourth quarter, up from 5.23 percent in the third quarter, the National Council of Real Estate Investment Fiduciaries reported.
Fed Sets Stage for March Rate Hike
The Federal Open Market Committee did not pull trigger on an increase to the federal funds rate last week—but it left little doubt about action at its next policy meeting in March.
MISMO Launches Updated Commercial Green Utility Dataset
MISMO®, the real estate finance industry standards organization, announced availability of its updated Commercial Green Utility Dataset standard. The dataset and accompanying package of resources help facilitate the efficient exchange of Green Utility information across the commercial real estate finance industry.
Quote
“Many of us are competitors; very, very strong competitors. But when we get in the room, we’re friends. We exchange ideas and challenges that we all face. MBA brings us together.”
–CBRE Capital Markets Executive Managing Director Jeff Majewski.