Lodging 2017: Decreased Volume, Shifting Capital Sources
DEL MAR, CA—With Chinese investors facing difficulty in getting their money out of the country and other headwinds the hotel industry is facing, sales volume is projected to decrease this year, but there is still opportunity, speakers at RAR’s Lodging Industry Forecast here tell attendees.
STAMFORD, CT—The founder and CIO of Land and Buildings says the REIT’s stock is trading at “a significant discount to NAV,” and that consensus estimates of the company’s value are too low.
SANTA ANA, CA—“The lack of homes listed for sale is causing unadjusted house price growth to remain strong,” says First American Financial’s Mark Fleming.
OAK BROOK, IL—InvenTrust Properties Corp has taken a hard look at its investment strategy and is concentrating on high-quality assets well-located in the company’s target markets, and it has an experienced team to execute.
SAN FRANCISCO—While the commercial real estate markets remain strong, we’re approaching the top of the cycle, with elevated pricing and some resistance from investors, Colliers International’s Andrew Nelson tells GlobeSt.com.