Industrial real estate investment trusts recently hit their second-highest year-to-date return for 2016 at 24.98 percent. While industry professionals have raised concerns that supply and demand issues may plague the next 12 to 24 months, the industrial sector has been noticeably active as it has posted high aggregate occupancy and low delinquency rates. Plus, interest rate survey data from Trepp.
Located in the heart of Oakland’s Fruitvale District, the St. Joseph’s Campus comprises the historic St. Joseph’s Senior Apartments and Terraza Palmera at St. Joseph’s, which together form a multigenerational, mixed-use campus.
Though still in its infancy, the senior housing market in China has attracted the interest of major domestic institutions and foreign players alike. However, Chinese retirees’ requirements are subtly different from those of U.S. seniors, said delegates at the recent ULI Chinese Mainland Winter Meeting, held in Shanghai.
According to a report from American credit bureau TransUnion, U.S. renters, as a group, are getting older, but they also have better credit scores and greater access to debt than previously.
The low-income housing tax credit (LIHTC) has helped house millions, and it remains a vital driver of development. The 30-year track record of the LIHTC offers compelling evidence that affordable housing is good business, a stable asset class, and a strong driver of economic activity and neighborhood improvement.
As the year winds down, returns on real estate investments trusts have continued to slump as gains in interest rates put downward pressure on the sector. According to the National Association of Real Estate Investment Trusts (NAREIT), the total returns for the FTSE/NAREIT All REIT Index dropped 2 percent in November while the Standard & Poor’s 500 gained 3.7 percent. Plus, interest rate survey data from Trepp.
The ULI Tenant Energy Optimization Program may revolutionize the design of office space by turning energy efficiency into a way to generate economic returns. Here is what it could take to make it the new real estate industry standard.
Taller buildings constructed mainly of wood are an inexpensive, attractive, and environmentally friendly option, but current building codes in the United States make them hard to build, said panelists at a U.S. National Building Museum event.
Take a full copy of Urban Land along on your tablet! The latest issue of the magazine is now available for download through the Urban Land app. Top stories: Introducing this year’s Urban Land 40 under 40; “Global Capital: Outlook for 2017;” and “Energy & Resilience: Practical Ways to Boost Return.”
Despite the perennial speculations of a housing market crash, there is room for growth in the Canadian real estate market, according to Emerging Trends in Real Estate®, as investors are moving east and toward more mixed-use developments. Canada seems poised for a year of stability regardless of concerns about a possible pullback in the Vancouver and Toronto housing markets.