Casinos across the U.S. are enjoying as patrons, particularly younger ones, begin to splurge with the money socked away during the pandemic.
Transcendent Electra plans to acquire or develop rental housing totaling $3 billion over the next three years.
Big gateway markets still made the list, but smaller markets in the South and Southwest saw the biggest jumps in inventory.
“You have investors like sovereign wealth funds coming in and taking the entire stack,” says one industry insider.
As the net lease sector shakes off COVID-19 paralysis, investor interest could surge
The REIT M&A market also jumped back into action in recent weeks with three large deals that will reshape the market.
Room-nights were down about 43% in April compared with 2019 levels, he said, which was an improvement from March. The rebound was being led by domestic travel.
Google’s mobility data shows a sharp increase in travel to work in Tel Aviv during April, with numbers now close to their pre-pandemic baseline.
Mark Winmill says the pandemic has shown the resilience of the self-storage sector.
