The MTA may not regain 100 percent of pre-pandemic crowds across its entire system until about 2035. Yet, ridership on the weekend for the subway is around 70 percent of pre-pandemic levels.
“This is the time to buy,” says Jake Bisenius, president and CIO of AmCap. The firm is also coming back to raising money through RIAs.
We are seeing investors shift into smaller tertiary markets where competition is weaker, value-add properties where the potential for rent increases is higher.
Irving’s city council is set to vote Thursday on a package with a value of more than $30 million for the new Wells Fargo campus. The facility would serve as a regional hub for the San Francisco-based bank.
The FTSE Nareit All Equity REITs index rose 8.6 percent for the month, erasing nearly half of 2022’s year-to-date losses.
The mall did not make an $8.8 million payment on municipal bonds that was due Monday.