Several years into a growth economy, most housing markets are moving forward. The four publicly traded real estate investment trusts (REITs) that were formed to acquire and rent distressed single-family homes are currently reporting short-term successes, with improved earnings and property values. However, each of the single-family residential REITs reported a net loss for the first quarter of the year.Read More
The U.S. real estate industry is on a steady course to sustain growth through 2017, according to ULI’s latest three-year forecast. At the ULI Spring Meeting in Houston, the consensus forecast was discussed in a session moderated by William J. Maher, director of North American strategy for LaSalle investment Management.Read More
The U.S. real estate market remains awash in foreign capital, but those providing the funds are much more disciplined and better informed than in the past, a panel of real estate finance experts said at the 2015 ULI Spring Meeting in Houston.Read More
Strong growth in e-commerce is driving demand for industrial space. Real estate investment trusts like Prologis, whose $20.5 billion market cap represents 66 percent of the industrial REIT sector, are at the forefront of these changes. Plus, interest rate survey results from Trepp.Read More
Strong U.S. demographics and the rise of the Asia Pacific economy have created a wave of international capital hungry for real estate deals stateside, resulting in a rapidly expanding role of foreign capital in the U.S. real estate market.
The real estate investment trust market in India took an important step forward when Finance Minister Arun Jaitley stated that India’s minimum alternative tax will apply to REITs only when an actual transfer of units occurs. The lack of clarity on whether REITs are subject to MAT, as well as to a dividend distribution tax, are two of the factors that have prevented formation. Plus, interest rate survey results from Trepp.
Real estate investment trusts pulled back in April, with a –4.95 percent total return for the month. Interest rates edged up during the month and signs of economic weakness also affected REITs and the broader markets with first-quarter GDP growth slowing to just 0.2 percent. Plus, interest rate survey results from Trepp.
Strong demand from technology, advertising, media, and information tenants, combined with limited new office supply, has allowed for healthy rent growth. The office sector’s 2.89 percent dividend yield is below average for equity REITs, but in the current low-interest-rate environment, it is attractive compared with other investment options. Plus, interest rate survey results from Trepp.
For the first time in almost a year, weekly U.S. revenue per available room declined as of April 4. But, an improving U.S. economy and low gas prices have boosted demand while new supply has stayed low in most markets, keeping lodging market fundamentals strong. Plus, interest rate survey results from Trepp.
Commercial and multifamily mortgage bankers closed $399.8 billion worth of loans in 2014, according to the Mortgage Bankers Association’s 2014 Commercial Real Estate/Multifamily Finance Annual Origination Volume Summation.