...
Why this matters
Commercial real estate continues to digest a multi-year reset in cost of capital. Transaction velocity is below the 2019-2021 trend but improving, cap rates have stabilized across most stabilized property types, and the bid-ask gap has narrowed materially in the past two quarters. Sponsors with permanent capital and operating platforms have an advantage in the current execution environment. The next twelve months will continue to reward underwriting discipline and operational sophistication over balance-sheet aggression.
Editorial analysis · Real Estate Trail Editorial
Hanley Investment Group Real Estate Advisors arranged the sale of a newly constructed, single-tenant net-leased Chipotle Mexican Grill with a Chipotlane drive-thru at 223 W. Hanford Armona Rd. in Lemoore. The sale pri…
External link. Real Estate Trail does not republish source content.
More from the wire
Mamdani gives nonprofits first dibs on buying apartment buildings
Mamdani says COPA can deter predatory investors, while rent freeze and 2019 rent law lawsuits continue
In California’s Orange County, the New Direction Is Vertical
For decades, California’s Orange County has undergone a significant demographic shift as the state’s master-planned, commuter-oriented, suburban bastion of modern conservatism became increasingly diverse and multicult…
Braemar Closes $358 Million CMBS Refinancing for Four Hotels
Roger Equities Buys Upper East Side Theater for $41M With Plans for Housing
Roger Equities has acquired a movie theater site at 1001 Third Avenue for $41 million with plans to redevelop it into rental housing, seven months after Reading International listed the property with a $50 million tar…
Kast Construction names new CEO
Sean Ouellette will take the helm from Mike Neal, who joined Kast as the firm emerged from the 2008 financial crisis.
Third spaces perform a star turn in this new Florida master plan
The 215-acre Wyld Oaks will include up to 6,000 residential units, along with retail, hotels, parks, medical and industrial uses