Many gambling stocks are losing value and weighed down by debt, with limited options for new financing. To date, one gaming company has formed a REIT that is growing through acquisitions, and several others are considering similar moves to unlock value and boost their stock prices. Plus, interest rate survey results from Trepp.Read More
Aging baby boomers and strong demand for inexpensive housing have helped boost the small manufactured housing real estate investment trust (REIT) sector. The sector’s market capitalization totals just $8 billion, but its total year-to-date return of 13.13 percent far exceeds the FTSE NAREIT All Equity REIT average of –1.07 percent. Plus, interest rate survey results from Trepp.Read More
The Passive House standard created by Passivhaus Institut of Germany is the latest, toughest standard in sustainable design. Owners and developers around the world have certified Passive House buildings, including U.K. property giant Grosvenor. In the United States, developers are now building hundreds of new units of housing to meet the Passive House standards in states like New York and Pennsylvania.Read More
Mixed economic news is weighing on retail markets, pushing real estate investment trust (REIT) performance down. Within the retail REIT sector, regional malls, prized for stability as a core property type, have posted the best year to date returns (–1.92 percent), while shopping centers posted a return of –2.94 percent. Plus, interest rate survey results from Trepp.Read More
Healthy Retail SF is a program designed to help retailers in high-poverty neighborhoods in the Bay Area transform their markets into places that offer a variety of affordable and healthy food options.
International economic forces have taken center stage this week, affecting both U.S. stock markets and real estate investment trusts. The crash in the Chinese stock market and ongoing concerns about the future of Greece in the Eurozone drove markets down during the first half of the week, with REITs faring better than the overall market. Plus, interest rate survey results from Trepp.
This brief tome, a revised edition of a book by the same title published in 2009, trumpets the cause of edible cities with new examples of the growing international movement bent on ensuring the basic human right to a healthy daily diet, while also returning to food sources that are both local and affordable.
On the outskirts of Changsha in southern China stands a new tower. At a mere 204 meters (669 feet) it’s less than a third of the height of Shanghai’s tallest, but a time-lapse video by the BBC shows it shooting up at the rate of three floors per day.
Speaking at ULI Europe’s Real Estate Trends Conference, ULI senior fellow Greg Clark drew attention to the “long memory” for failed density projects across the globe. “If Europe is to retain economic strength, it is necessary to unlock these issues,” he warned.
Randall K. Rowe, chairman of Green Courte Partners LLC, a Chicago-based private equity real estate investment firm, has been named the new global chairman of the Urban Land Institute (ULI). As chairman, Rowe will focus on three areas: strengthening the Institute’s capacity for knowledge sharing throughout all its member-to-member networks; ensuring that ULI’s core programs have a steady source of funding; and growing the organization globally.