- RECon will re-emerge as ICSC 2022 Las Vegas “This year’s Las Vegas show will be one day shorter than RECon shows of the past. Conferences and special sessions will begin on Sunday, May 22. The exhibit floor will be open on 23rd from 9:00 to 5:00 and on the 24th from 9:00 to 3:00. ” (Chain Store Age)
- White House Forms $1.8B Coalition on Sustainable Building Performance “Participating cities include Los Angeles, New York and Washington, D.C., which together encompass more than 20 percent of the nation’s population and approximately 20 percent of the country’s building footprint, according to the official White House fact sheet.” (Commercial Observer)
- The hidden reason people don’t want to go back to the office “That’s not the case with today’s remote workers. Ziprecruiter reports that remote workers make $66,000 annually on average, far above the livable wage. The WSJ reports that those they interviewed are on track to make $200,000 to $600,000 per year with that extra job.” (Fast Company)
- What 2022 Might Hold for Manufactured Housing “But the biggest issue the sector experienced last year continued to be the scarcity of new supply, both in terms of new communities and new homes within existing properties. Supply chain discrepancies had a significant impact on the production of new homes, preventing community owners from replacing old homes or filling vacant lots.” (Multi-Housing News)
- Oaktree Closes $3B Real Estate Debt Fund “This $3 billion fund seeks to achieve attractive risk-adjusted returns and current income by investing across a broad landscape of commercial and residential real estate debt opportunities.” (GlobeSt.com)
- NYC Warehouse Buyers Put Premium on Ceiling Height “The wider premium for higher ceilings, or greater capacity, reflects the wider trends in the industrial market. Owners and their tenants want as much space as possible within the city for last-mile distribution and other deliveries.” (Commercial Observer)
- 4 Reasons Industrial Real Estate Is Unstoppable in 2022 “It may be 2022, but many of the forces that drove the economy in 2021 are still in the driver's seat. The long-term upward trend of e-commerce is stronger than ever. The supply chain that gets products from websites to consumers is still not performing well.” (The Motley Fool)
- Equus Capital Pays $900M for Industrial Portfolio “The acquisition was made on behalf of Equus Investment Partnership XII LP, an Equus-sponsored value-added fund, and a consortium of strategic co-investment partners.” (Commercial Property Executive)
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