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Hanley Investment Group Real Estate Advisors has hired Matt Burnett as EVP to focus on the acquisition and disposition of retail investment properties.
There is an exodus by mid-cap consultant types from expensive urban centers toward cheaper cities such as Boise, Austin, and Portland where life is good and the cost of living is comparatively affordable.
According to Stan Johnson's Lanie Beck, industrial is an exciting sector with every subset from manufacturing to bulk warehouse to last-mile fulfillment and distribution playing their part.
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In an EXCLUSIVE interview with Philip D. Voorhees, vice chairman of CBRE National Retail Partners-West, we learn why retail is currently out of favor with the institutional cohort and some good advice for today's CRE investor.
"No matter what level of cost of homes are built, more housing flooding the market will allow rents/mortgages to come down and more residents will have access to housing."