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“We expect that single borrower issuance will remain in line with 2017, but conduit issuance may fall as much as 30%,” says Larry Kay at Kroll Bond Rating Agency.
With developers paying so much attention to high-end market-rate apartments and 60% AMI affordable housing, middle-income supply has dwindled and is now in great demand, Wakeland Housing's Rebecca Louie tells attendees at RealShare San Diego.
Acquisitions of development sites, including Nine Elms Square in London, accounted for more than half of Q3's global total, Cushman & Wakefield reports.
Due to DFW's job growth, more people have relocated here, propelling rents, and the rapid increase in rates has pushed some of the workforce out of the more desirable areas seeking affordability, GlobeSt.com learns in this <b>EXCLUSIVE</b>.
The recovery process is estimated to be 100 days for every day of the storm, which in Harvey's case was 10 days of significant rainfall, so that is an estimated 1,000 days for the Houston area to recover, GlobeSt.com learns in this <b>EXCLUSIVE</b>.
The standalone REIT, Industrial Logistics Properties Trust, will initially own more than 260 mostly single-tenant properties contributed by parent company Select Income REIT.