With late 2018 jitters gone and investor optimism returning, the commercial real estate market should experience mostly steady cap rates through the first half of 2019, although there are particular market segments and geographies that could experience some bumps.
By and large, it’s big institutional investors that scoop up industrial assets in the United States. However, there now appears to be more room for a different class of buyers in the industrial sector—high-net-worth (HNW) investors.
The companies confirmed the move to deeper discussions in statements on Sunday, capping months of speculation and behind-the-scenes talks with the Finance Ministry.
The Wall Street Journal reported on backlash from the real estate community to a proposed New York tax on expensive second homes for non-residents. Fortune recapped a panel discussion of how developers are taking Instagram into account when designing new properties. These are among today’s must reads from around the commercial real estate industry.
