The multifamily sector has long been the darling of commercial real estate. It’s got the strongest fundamentals and greatest returns. And it’s the sector with the most access to financing for acquisition and development.
NREI, WealthManagement.com's sister publication, spoke with American Realty Capital Chairman and CEO Nicholas Schorsch to find out some of the drivers behind the deal with Cole, what the new entity will look like going forward and how this could impact the broader REIT industry....More
The decline in REIT returns has been particularly noticeable because in 2013, the S&P 500 index delivered total returns of 32.4 percent. The gap between the S&P 500 returns and REIT returns turned out to be the largest since 1998....More
A cautionary tale for those thinking of investing in fringe New York City real estate using allegedly unconventional financing. A multifamily real estate developer was kidnapped and turned up dead in the wake of huge debts and ongoing foreclosure lawsuits.
For proponents of non-traded REITs, the fact that they are not traded is both a boon and a curse. It’s a boon as the lack of liquidity means the investment isn’t rocked by volatility, making it easier for managers to deploy the money effectively. The curse is the lack of liquidity makes it difficult for investors who shudder at the idea of locking up money in a real estate fund....More
In this special section, our editors take a deep dive into the state of real estate investing—by analyzing the current trends in commercial, residential and mortgage-backed REITs, and by examining what’s now going on in the non-traded REIT space....More
WealthManagement.com caught up with Larry Roth to talk about why he left Advisor Group to join Realty Capital, whether the move is a demotion, and about the elephant in the room—whether Schorsch's purchase of First Allied was to add shelf space for his alternative products....More
Office real estate investment trusts (REITs), the investment vehicle often used to access this type of commercial real estate, were on a nice run in the spring, but since then, they’ve suffered a bit of a hit....More
High-net-worth investors have to be patient if they want to invest directly in commercial real estate, admitted real estate managers during National Real Estate Investor’s annual conference this week, stressing savvy advisors should bet on the managers, not the buildings....More
The top articles from the 2014 issues of the Investment Management Consultants Association® (IMCA®) Investments & Wealth Monitor demonstrate the range and depth of content IMCA has become well known for providing....More
Economic decoupling remains a prominent theme around the globe as we head into 2015. The divergent paths
seen today are a consequence of how individual countries have dealt with credit imbalances that accumulated prior to the global financial crisis. Recovery prospects continue to hinge on the speed, breadth, and quality of these adjustments....More
The U.S. corporate high yield market has grown from $250 billion to a $2.4 trillion industry. High yield has proven to be a solid asset class for investors, over time producing comparable returns to the S&P 500 with approximately half the volatility....More
Why do we make decisions that aren’t always in our own best interest? This group of articles from the Investments & Wealth Monitor takes a fascinating look at behavioral finance and behavioral portfolio management....More
With the wind at their backs, sprinters have broken speed records. Similarly, the tailwind of a bull market has boosted the fortunes of equity investors over the past five years. In both cases, the pace cannot be sustained over a long period of time. Look back no further than the past 10 years for confirmation of the market’s lack of endurance....More
Global bond markets defied consensus predictions in the first half of this year. But with more muted returns are expected for the rest of 2014, investors already may have earned the bulk of this year’s returns....More