Here’s our latest weekly roundup of top national commercial real estate stories, as reported by our plugged-in and in-the-know CoStar News team.
Blackstone, Other PE Firms Doubling Down on Single-Family Rental Market
Private equity funds are starting out 2017 continuing to bet on the single-family rental market, a large but widely fragmented property segment that’s entering its fifth year as an institutional real estate investment play. Blackstone Group just filed to take its Invitation Homes Inc. public through a common stock offering.
Sweeping Tax Reform Proposals Creating Suspense for CRE Investors
With President-elect Trump preparing to take office and the Republican-controlled Congress already in session, the newly reconstituted House Ways and Means Committee has already met to discuss the GOP's tax reform "blueprint" calling for sweeping changes to federal tax law -- and potentially dramatic changes in the way that commercial property investments are taxed.
Colliers Acquires Atlanta-Based Logistics Site Selection Firm
Colliers International has purchased The Walker Companies, an Atlanta-based firm specializing in industrial site selection, in a move to compete for large logistics network assignments across the U.S. in the lucrative and expanding market for new warehouse and distribution facilities.
Holiday Shopping Headwinds Took Bite Out of Same Store Sales
E-commerce sites seem to be the only winners in the 2016 holiday shopping season. Numbers reported by publicly held retailers look pretty abysmal, particularly in light of the bullish national figure being reported by retail associations, such as the ICSC, which finds that consumers spent an average of 16% more on holiday items compared with 2015.