For a while, it looked like the U.S. office market had once again become the landlords’ playground, at least in core cities. But overbuilding could upset this trend, giving more negotiating power back to office tenants, warn researchers.
Office and industrial properties achieved full recovery nationwide by the second half of 2014, with cap rates compressing and prices skyrocketing. This is pushing investors to either reposition existing gems in their portfolios or pick up trophy properties in secondary markets.
Vacancy has increased in one of the top U.S. office markets, Washington, D.C., but at least one expert says the drop is just a minor blip that signifies investors should seize on properties while they can.
With the cork finally having been pulled from capital for new construction, seniors housing occupancy inched slowly upward in the second quarter. While talk of overbuilding—not yet really even a threat—has begun, many experts think lenders have learned their lesson and will keep holding their purse strings tight, though more ways to finance are emerging for the sector.
There will be about 1 billion people who need some form of memory care worldwide by 2050, according to a recent survey of 6,000 people across 12 countries, conducted by the Chicago–based Alzheimer’s Association. As seniors property construction picks up speed in many U.S. markets, building projects for dementia patients is proving to be a gold mine—if a company has the expertise to do it.
The U.S. Energy Information Administration recently released preliminary results from its 2012 Commercial Buildings Survey, which measures the size of the current U.S. building stock. The study will then be combined with another yardstick, the Energy Supplier Survey, which is now underway by the EIA.
The Northeast is witnessing a peak of medical office building (MOB) construction, with 43 active projects valued at $2.9 billion, according to a new study released by Revista, an Annapolis, Md.-based consulting firm.
According to a recent housing survey from the MacArthur Foundation, more than 60 percent of respondents believe it will be very challenging for seniors to find affordable, quality housing when they need it.
Large seniors housing REITs are increasingly finding themselves in a pressure cooker of investor demand and limited supply, bouncing into each other with so much stress that deals are forming and dissolving on a weekly basis.
According to a recently released Cushman & Wakefield report, “Human Capital: The War for Talent and its Effect on Real Estate,” current demographics trends will dramatically affect all segments of real estate during the next two decades.
Regency Centers Corp., an owner, operator and developer of 332 shopping centers, recently launched the latest sustainability salvo in the retail world by completing a $250 million sale of bonds solely dedicated to build or buy LEED properties.
Target, usually one of analysts’ retail favorites, is reeling after a disappointing first quarter, lawsuits and damages from its massive data breach and what may have been a huge misstep in its Canada entry last year. The missteps are cause for concern, according to retail experts, but the company will likely pull out of the funk if it goes back to what made it successful in the first place.