Last year, core assets were ranked second highest among investors. This year, secondary metros took that spot. Some argue that the cap rates for core assets and investors looking for assets that produce higher yields are the reason why secondary markets are looking so much more attractive to investors this year. But if you look closely, there are 4 macro reasons why investors are shifting monies and setting their sights on secondary metros.
For the first time since 2015, pre-leasing levels for student housing didn’t keep pace, dropping 30 points says Axiometrics. Is this a signal that demand for student housing is seeing the first slow down in years?
Retail sentiment is shifting in a big way. Many analysts point to the decline of nearly 10% in brick-and-mortar retail since last year as a signal that retail sentiment is down. However, the numbers say consumers are spending and optimistic, while industrial took the place of core assets as the second highest producing markets over the last year. Retail sentiment is shifting; here are 3 things you need to know.
We recently covered some tips for utilizing social media as a CRE agent and one of those tips was to have a focused message. While it may be easy to come up with your message, it may be difficult to figure out how to consistently convey that message without repeatedly posting the same thing. One way is through deliberate and thought-out content marketing.
In a recently released report from the National Association of Realtors (NAR), one fifth of agents that participated in the survey dealt with a commercial transaction where one side was internationally based. Of these transactions, the most international representation came out of China.
Across the country there is a shortage of construction labor, which has been increasing over the past several years. While certain markets are feeling the effects more greatly than others, it can still be felt throughout the county. Most notably, it is having major impacts on the markets in the mid-Atlantic —including Texas and Louisiana.
There is truth to the belief that there’s a Starbucks on almost every corner. A recent study shows that there are almost four stores per one square mile. With the ubiquity of Starbucks, it is hard to imagine that the company might have reached a saturation point, but it seems that it has come to that point. The study also shows that not only are there Starbucks locations everywhere you turn, but that they are actually hurting each other’s business.
With the internet becoming a part of almost everyone’s daily lives and getting the world more connected than ever, it has quickly become a great resource to help develop the sharing economy and facilitate that sharing to occur. If you are not familiar with the sharing economy, it is the idea that something you own is shared with another individual or that you share something that another individual owns.
