Multiple companies have launched in the last few months to give investors new access to real estate investing but insiders aren’t sure it is the best idea.
Fresh from a pivotal deal that transformed ESR into Asia’s largest property manager, chairman Jeffrey Perlman is bulking up on the physical assets that power Asia’s digital boom such as data centers, logistics hubs and warehouses.
The rollout of the vaccine created a tipping point, and multifamily price per square foot almost immediately began to climb back toward pre-pandemic numbers.
It isn’t clear Adams can do much about getting people back into New York’s offices. But if they don’t come back, both his agenda and his progressive critics rejection of economic development deals will be deeply undercut.
The funding comes from celebrities like Venus Williams and Will Smith, as well as firms like Founders Fund, Canaan Partners, Initialized Capital and NFX.
Despite all the excitement around the diversification of the New York City real estate market, the recent evolution of the city’s multifamily market ultimately drove 2021 to a turning point for growth in the industry.
Looking back at my 2021 musings, a full two-thirds of the articles touched on five main topics – Sustainability and Conscious Consumerism, Big Box Specialty Stores, Big Discounters’ Dominance, Direct to Consumer Brands (DTC), and Mall Fall and Overhaul. These may provide insights into the New Year.
Landlords have become heavily reliant on percentage rent during the pandemic. As the latest wave of Covid-19 takes over, tenants will lose sales from foot traffic, and percentage rent will decrease.
Placer.ai, a foot traffic analytics firm, released a report earlier this week detailing trends in foot traffic throughout 2021 in four key categories: apparel, fitness, superstores, and grocery.