Key Points More stores closed or downsized than opened or expanded during the first quarter, according to a report from JLL, but vacancies are still low at just 4.4%. Retail offers much better yields than other commercial real estate sectors. Investment transaction volumes reached more than $15 billion during the first quarter, an increase of …
The AvalonBay Communities Inc. Park Loggia condominium, center, is reflected in a building in New York, U.S. Mark Abramson | Bloomberg | Getty Images The biggest ever merger of real estate investment trusts — the combination of Equity Residential and AvalonBay, announced Thursday — has investors and analysts alike left with dropped jaws. The all-stock …
Key Points The 100% bonus depreciation passed by the Trump administration is delivering a boost to car wash real estate. The car wash business has evolved markedly over the last decade as private equity investors flock to the recurring revenue. Typically, private equity buys the car wash business and then sells the property to an …
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. Anyone …
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. Even …
A “For Lease” sign in the Financial District of San Francisco, California, US, on Wednesday, May 3, 2023. Jason Henry | Bloomberg | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals …
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. Life …
FILE PHOTO: A for sale sign is shown for a residential home in Encinitas, California, U.S. July 25, 2025. Mike Blake | Reuters A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture …
Key Points March rents were down 1.7% on an annual basis, according to Apartment List. That’s the largest drop since Apartment List began tracking in 2017and larger than the record set in the early months of the Covid pandemic. Rents are falling because vacancies are also unusually high. A version of this article first appeared …
Key Points JLL has a major footprint in the Middle East, managing and leasing properties in Dubai and Abu Dhabi in the United Arab Emirates and in Riyadh, Saudi Arabia. CEO Christian Ulbrich said the business impacts of the Iran war depended on how long the conflict lasted. “It’s a tragedy from a point that …