News

Landmark Links March 29th – Mismatch

Must Read: Private real estate investors are sitting on record amounts of cash and finding it difficult to place it in deals that meet their return criteria  within the deadlines they promised investors.  These funds will be stuck either asking for additional time to place the capital or will be forced to return it.  This is […]

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Landmark Links March 26th – Jumbo Headache

Must Read: After the Great Recession, many banks focused on jumbo mortgages – loans too large to be bought by Freddie and Fannie.  However, a combination of unfavorable tax policy, higher mortgage rates and slowing price gains and a generally-softening high end market are leading to dropping origination volumes and headwinds to the bottom line. Economy […]

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Landmark Links March 19th – Selfies Stick

Must Read: Real estate developers and architects are embracing social media in general and Instagram in particular as a way to draw attention to their projects.  As a result, new projects are now being constructed with Instagram-worthy features. Economy No Margin of Safety: A new survey found that 20% of Americans don’t have any savings whatsoever. […]

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Landmark Links March 15th – Opportunity Knocks

Must Read: Develop, LLC and Esri have put together an analytics map that assesses and ranks nearly 8,000 opportunity zones across the US based upon metrics like population growth rate, median household income, retail sales, median home value, bachelor’s degree rate and unemployment rate.  It also overlays hospitals and universities.  I spent a while going through […]

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Landmark Links March 12th – A Song of Ice on Fire?

Lead Storey: The growth of online grocery delivery coupled with grocers moving towards high tech cold storage distribution systems could be pointing to cold storage, which currently has only 180MM sf of inventory in the entire US, being the next hot new property segment for industrial investors. If you take a step back, this makes a […]

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Landmark Links March 8th – Reformed Hoarders

Must Read: The self storage industry is fighting two headwinds: right now.  Marie Kondo-inspired de-cluttering mania and a potential glut of units in some markets thanks to new construction.  See Also: A global ‘Tidying Up’ frenzy sparked by Marie Kondo is burying donation centers with goods that truly nobody wants.  But See: While absorption still needs to catch […]

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Landmark Links March 5th – Shoot, Ready, Aim

Must Read: Developers are closing on opportunity zone parcels before they even know what they will build in an effort to beat the tax clock. Economy Keep on Trucking: Cheap retail goods are about to become a casualty of a massive truck driver shortage. On Fire: Prolonged low unemployment is benefiting low skilled workers who were […]

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Landmark Links March 1st – Chopped Up

Must Read:A startup called Roofstock plans to roll out a new platform that would let investors buy and sell fractional interests as small as $5,000 in single family rental properties. Economy Unsolved Mysteries: Despite record low unemployment, labor’s share of national income continues to drop, baffling economists. Coasting: The Federal Reserve easing up on interest […]

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