A lot of pressure to move quickly on potential acquisitions has subsided amid higher interest rates and more concerns about property values holding up.
With economic uncertainty on the horizon, investors are looking to the security of net lease assets as a port in the storm. Brought to you by W.P. Carey
While the private real estate markets have been slow to adapt pricing to reflect higher interest rates and a more uncertain economic climate, publicly-traded REITs offer both discounts and a historic record of outperforming during recessions. Some investors are cycling money from private vehicles and into REITs.
Private equity funds have stepped up their loan offerings, including for mortgage and construction loans, reported Reuters. The Wall Street Journal explained why even perfectly creditworthy property owners may opt to let some of their assets default. These are among today’s must reads from around the real estate universe.