Opportunity Zone Insight

The IRS keeps throwing new regulations at the much-dissected Opportunity Zone program. That, in turn, throws off some commercial real estate investors, developers and lenders, since the Opportunity Zone program involves complex issues related to tax deferral and avoidance. To bring some clarity to the Opportunity Zone program, which encourages investment in economically distressed pockets of […]

What’s Attracting High Net-Worth Investors to Value-Add Assets?

PORTLAND, OR—A recent survey revealed that 80% of respondents are planning to invest in value-add real estate as part of wealth-management strategies. RealCrowd recently completed the online survey of high net-worth investors. The survey indicated these investors are also focusing increasingly more on secondary and tertiary markets to source these deals, and are relying heavily […]

The Continuing Case for Apartment Rentals

Apartments have been the darling of real estate capital markets for the past seven-eight years. This deep into an outstanding run, some investors have begun to worry if the clock is approaching midnight for Cinderella. However, an examination of underlying demand dynamics suggests that the U.S. will require an extraordinary number of rental units over the […]

Proposed $65M hemp extract facility to employ up to 175 in Phoenix

Integrated CBD LLC is investing about $65 million to build a 154,000-square-foot manufacturing plant in Phoenix that is expected to employ between 125 and 175 people. Launched in January, the Scottsdale-based company is a vertically integrated, pharma-grade manufacturer of industrial hemp-derived CBD products, said Jeff Dreyer, co-founder and COO of Integrated CBD. The hemp-derived CBD industry […]

Multifamily Remains Top Investment Asset Class

Multifamily continues to be the top target asset class for investors. According to a new report from AppFolio, most investors are planning to allocate capital to multifamily investments this year, followed by office and industrial asset classes. Of the investors surveyed, 68.3% said they are planning to put investment dollars in multifamily, while 45.5% said office […]

As Southeastern Cities Experience Strong Job Growth, They Are Also Seeing a Rising Demand for New Apartments

Strong economies are quickly filling new apartments in Southeast cities including Charlotte, N.C., Nashville, Tenn. and Atlanta. “The Southeast’s major metros have posted terrific apartment sector performance during this cycle,” says Greg Willett, chief economist for RealPage Inc., a provider of property management software and services based in Richardson, Texas. “Investment returns have rivaled the […]

Slowdown in U.S. Housing Market Is Helping Landlords Raise Rents

(Bloomberg)—The U.S. housing slowdown is turning out to be a gift to apartment landlords. After all, those people who aren’t buying still need somewhere to live. Data from Zillow released Thursday shows that home-price appreciation continued to slow in April from a year earlier, driven in part by softening West Coast metros like San Jose […]

CNL Healthcare Properties Issues First Special Distribution, Changes NAV and Distribution Rate

The board of CNL Healthcare Properties, a publicly registered non-traded real estate investment trust, has approved a $2.00 per share special distribution to shareholders following the recent sale of 59 assets, including 55 medical office buildings to Welltower Inc. (NYSE: WELL) for $1.25 billion. The board also updated the company’s estimated net asset value per share and adjusted the […]