Seeking Reliable Real Estate Businesses, Investors Give Laundromats A Spin
Jeffrey Steele | Forbes |
Coin laundries have long been one of the few recession-proof businesses. After all, we all need to do laundry. There’s debate as to whether the recession-proof nature applies even during a pandemic. But it’s not deterring some from opening new
Bed Bath & Beyond Sells Cost Plus World Market
Tonya Garcia | Market Watch |
Bed Bath & Beyond Inc. BBBY, -1.14% announced Monday that it has entered into a definitive agreement to sell Cost Plus World Market for an undisclosed amount to Los Angeles-based private-equity firm Kingswood Capital Management. The deal includes 243
Public Storage Expands With $528M Portfolio Acquisition
Gail Kalinoski | Commercial Property Executive |
Public Storage has acquired 24 properties with 2.3 million square feet of space from Beyond Self Storage in the first phase of a 36-property portfolio transaction totaling 3.6 million square feet and valued at $528 million. The first phase includes existing
Self Storage Rents Continue Strong Rebound
Evelyn Jozsa | Commercial Property Executive |
Self storage continued to prove its resilient nature in October, with significant improvement in street rate performance across the U.S. On a year-over-year basis, street-rate rents increased 2.7 percent for the average 10×10 non-climate-controlled and 0.8
Apartment Investors Mull Opportunities in Distressed Malls
Bendix Anderson | National Real Estate Investor |
Apartment dealmakers may find an opportunity to build new apartments around the shells of under-performing or empty regional malls. Hundreds of troubled shopping malls may be seized by lenders over the next year, experts say. “In the current market with the
NYC Poised for 2021 COVID Comeback with Major Real Estate Developments
Steve Cuozzo | New York Post |
Amid rising COVID cases and looming lockdowns, my fellow New Yorkers should take heart — because we will have a greater city to look forward to once this pandemic’s over. Although the flight from the Big Apple, increasing crime, and possible MTA cuts are
Mixed Retail-Industrial Uses Present a New Opportunity for Investors
Steve Backman and Tracy Hammer | National Real Estate Investor |
In commercial real estate, the impact of the coronavirus pandemic and related shutdowns has led to profound and seismic shifts. To some extent, those shifts reflect an acceleration of trends that were already underway. One of the most noteworthy of those is
Uncertainty Shades a Once-Soaring Multifamily Construction Market
John Caulfield | BDC Network |
The developer TPA Residential recently selected McShane Construction to build Woodward Crossing, a Class-A, 265-unit apartment complex on 7.8 acres in Buford, Ga. The apartments would be inside two buildings, four and five stories, designed by the
