In November, Manhattan apartment units leased at a median rent of $3,502—just $19 short of the previous record high.
Banks, debt funds and life insurance companies are willing to lend on retail projects, but the projects needs all the “bells and whistles.”
Retail industry insiders anticipate that investment sales in the sector will go up in 2020.
As retailers file for bankruptcy, they also move out of warehouses and distribution facilities.
After taking a bit of a pause in previous years, multifamily REITs are net buyers in 2019.
Amazon, Facebook and Google are all expanding in New York City.
Occupancy rate for assisted living properties has ticked up from recent lows.