Why healthcare REITs should invest in smaller markets and how to turn a city green
Sep 13, 2013
Here are the news stories you might have missed this week:
National Real Estate Investor: High tech equals high rents, pushing investors into secondary markets
Booming technology hubs, such as San Francisco, Seattle, and San Jose, Calif., are experiencing a substantial decrease in vacancy rates and an increase in rents, making continued growth for emerging firms in these markets virtually impossible. But, with nearly every industry expected to add tech jobs over the next decade, neighboring regions will benefit as firms seek opportunities in secondary markets with smaller price tags. To learn more, visit NREIOnline.com.
Senior Housing News: Smaller markets attractive for healthcare REITs
While big-cap real estate investment trusts (REITs) favor healthcare facilities in major markets, smaller markets actually provide strategic advantages that don’t exist in larger metro areas, including lower construction and land costs, accelerated development, and higher occupancy levels. To read more about the pros and cons of secondary market facilities, turn to SeniorHousingNews.com.
WealthManagement.com: Own a piece of the city
As urban American real estate development continues to climb, the demand for diverse property types and tech facilities is ushering in new opportunities for urban investors. According to a 2013 report conducted by PWC and the Urban Land Institute, REITs are in a prime position to capitalize on this national shift in the urban landscape. Read more at WealthManagement.com.
GlobeSt.com: Retrofit Chicago initiative makes progress
Fifteen months ago, Chicago began its Retrofit Chicago’s Commercial Buildings Initiative, a voluntary program for tenants, managers, and owners of major commercial buildings to reduce energy use by 20% within five years. Today, some participants are already sharing simple ways they’re slashing energy use. To learn how, check out GlobeSt.com.
Posted by: Raymond T. Cirz