Investors, especially private equity players, see increasing value in a nursing home portfolios, according to the National Investment Center for Seniors Housing & Care (NIC) research.
Blockchain. AI. Digital twin. The proliferation of property technology companies coming on line—upward of $12 billion annually—can make a building manager’s head spin. As homespun, pop-culture philosopher Dorothy Gale said in the Wizard of Oz: “I’ve a feeling we’re not in Kansas anymore.”
David Bodamer and co-host Matt Halloran talk about food halls, the use of emerging technology to boost the retail market, recent data around cap rates for multifamily dwellings and high-profile hotels and big portfolios.
Kroger Co., the giant but aging supermarket chain, has unleashed a flurry of initiatives to ensure it won’t get thumped in a post-Amazon-buying-Whole-Foods world: It is revamping locations, bought a meal-kit company, and sold off its convenience-store business. Its biggest gamble, though, is a partnership with British online grocer Ocado Group Plc. The two plan to build as many as 20 automated grocery warehouses in the U.S. to help Kroger turbocharge its e-commerce operation.
J.C. Penney insists it hasn’t hired restructuring advisers, reports the Associated Press. Forbes looks at the popularity of cannabis-related real estate in California. These are among today’s must reads from around the commercial real estate industry.
