Study: Renters Prefer Suburbs in Most Major Metros May 18, 2017 | by TAYLOR WILLIAMS | RebusinessOnline The days of renting in the city and buying in the suburbs may have come to an end. According to a recent study from national apartment locator service RentCafé, in 19 of America’s 20 largest metros, the suburbs are attracting…

REIT FFO Rises 8.1% Y-O-Y WASHINGTON, DC—NAREIT’s Calvin Schnure says that the sector’s high occupancy rates and steady NOI growth “provide support for the outlook for REITs. May 17, 2017 | by PAUL BUBNY | GlobeSt.com  Schnure: “This real estate cycle shows all the signs that it will continue, despite some soft numbers last quarter.” WASHINGTON, DC—US…

Why predictions of a ‘retail apocalypse’ are overblown May 19, 2017 | by Robert K. Futterman | CNBC The prevailing viewpoint today is that a retail apocalypse is upon the American market, that it will bring the death of shopping malls, and that e-commerce is largely to blame. A series of big-name store closings have prompted…

Cap Rates Head Up For Casual Dining Sector CHICAGO—Investors need to be laser focused on current store sales and make sure to target restaurants with healthy rent to sales ratios. CHICAGO—Cap rates in the net lease casual dining restaurant sector increased 25 bps points to 6.0% in the first quarter of 2017 when compared to…

Griffin-American Healthcare REIT IV Acquires Five-Building Senior Housing Portfolio in Greater St. Louis May 26, 2017 | by MACIEJ HEYMAN | PRNewswire ST. LOUIS, May 26, 2017 /PRNewswire/ — American Healthcare Investors and Griffin Capital Company, LLC, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today that the REIT has acquired the 229-unit SW Illinois Senior…

1031 Exchanges: To Be or Not to Be Eliminated? May 17, 2017 | by Alexandra Pacurar | Commercial Property Executive  The pressure to reduce rates and find revenue offsets has put 1031 exchanges on the chopping block as part of the Trump administration's potential tax reform. But some experts believe that the likelihood of a repeal…

Carter Validus Mission Critical REIT II, Inc. Acquires $16.4 Million Data Center in Charlotte, North Carolina May 24, 2017 | BusinessWire TAMPA, Fla.--(BUSINESS WIRE)--Carter Validus Mission Critical REIT II, Inc. (“CV Mission Critical REIT II”), a non-traded real estate investment trust focused on assembling a portfolio of net leased data center and healthcare assets, acquired…

Hines to Develop Office, Mixed-Use Tower at Miami Worldcenter 45-Story, 600,000-SF Spec Development Coming on 27 Acres in Downtown Miami May 23, 2017 | by Justin Sumner | CoStar International real estate firm Hines plans to develop a new office-led, mixed-use tower at 110 10th St. in the heart of downtown Miami, FL. Hines expects to…

Strategic Storage Growth Trust, Inc. Acquires 510-Unit Newly Constructed Self Storage Facility in Sarasota, Florida May 24, 2017 | Strategic Storage Growth Trust, Inc.  LADERA RANCH, Calif., May 24, 2017 /PRNewswire/ -- Strategic Storage Growth Trust, Inc., a public non-traded REIT sponsored by SmartStop Asset Management, LLC, announced today its purchase of a newly constructed, 510-unit self…