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Fed knows shelter inflation rate is skewed by owner's equivalent rent, GlobeSt. Spring Net Lease conference keynoter says.
Recent economic developments have clashed with the idea of unstopped success in taming inflation and, as a result, lower interest rates.
When facing doubling and tripling of costs, some deals just don't get done.
In the last 12 months it has developed 12 to 13 new schools.
They are challenging to find but their numbers are increasing as the year continues.
"This year the greatest number of baby boomers will reach 65."
When capital becomes more selective, a large REIT with a stable balance sheet is at an advantage.
Eight quarters of upward adjustment will probably see a ninth as well.
FHA loans are not perfect but having a relatively lower cost alternative can be a help.
Buffalo, NY is on track to pass a conversion tax credit, in part due to Sinatra & Co.'s efforts.