The question for owners of older buildings is whether it’s worth pouring hundreds of millions of dollars into a full gut renovation.
The increase was driven largely by both the high level of property transactions and refinancing activity from borrowers.
Sponsorships, ticket sales and Kroenke’s real estate are all poised to benefit.
Investors are scrambling to position for more hawkish policies from the Federal Reserve.
Total returns for the FTSE Nareit All Equity Index were down 7.93 percent in the first month of 2022.
CONTI Capital decided that investing in older workforce housing and value-add properties was not a sustainable strategy.