If you own or manage rental properties, your ideal tenant is likely a young, gainfully employed person who plans to rent long-term. Luckily for you, this dream occupant comprises one of the largest renting demographics: millennials.
Slowing economic growth, trade wars and a pipeline that is delivering new supply to the market may force investors to adjust return expectations for industrial properties, but it doesn’t appear to be putting much of a dent in buyer demand.
Portland’s inclusionary housing rules exempt buildings with fewer than 20 units. For larger buildings, developers must provide a proportional amount of apartments at rents affordable to people who earn less than either 60 percent or 80 percent of the Portland area’s median income, or pay a fee in lieu.
The health care establishment has yet to consider its patients as customers. This leaves opportunities aplenty for a retail industry that has long dedicated itself to customer service.
Real estate investing is a common conversation topic for good reason as it can be very lucrative, when done correctly. However, many investors have lost thousands or even millions of dollars on devastating mistakes that could have been avoided. Cliff Hockley, a property management and commercial brokerage expert, wrote Successful Real Estate Investing to help people avoid these mistakes and make as much money as possible from their real estate investments.
Of the more than 16 million sq. ft. of retail leases signed in the last five quarters—across all retail sectors—Reis reported grocery stores were the No. 1 new tenant, followed by home/houseware stores, gyms/fitness studios, discount variety stores, and discount clothing stores. Trampoline parks—part of the much-talked-about experiential retail—were also in the top 10.
The proposed regulations on opportunity zones issued by the Internal Revenue Service and the Treasury Department last week could unlock greater real estate investment in low-income communities and give business investors a chance to reap tremendous profits with their taxes deferred for years into the future. The impact on communities around the country could be far-reaching, driving up property values but also potentially making places to live less affordable
Warehouses are getting smarter, and distribution channels are getting more efficient. As consumers demand faster delivery of goods, the industrial sector will play a huge role in making that happen and technology will be the driver.
The report shows that for the first time, nonstore retail sales, which include e-commerce sales, totaled more than those for the department stores that anchor most traditional Class B and Class C malls.
Portland rents have increased 0.4% over the past month, but are down slightly by 0.3% in comparison to the same time last year, according to a new April report from Apartment List.