MORE INVESTMENT FIRMS SPENDING BILLIONS TO SNAP UP SUN BELT SINGLE-FAMILY RENTALS
Two more private equity giants are capitalizing on the demand for homes in the U.S., buying up thousands of build-to-rent single-family homes in the Sun Belt. Partners Group Holding AG spent $1B to acquire more than 2,500 recently constructed single-family rentals.
NON-TRADES REITS CONTINUE TO GRAB RECORD CAPITAL INFLOWS
Figures released by the US Department of Commerce on Thursday revealed that US retail e-commerce sales In Q1 2022, which totaled about $250B, grew by only 2.4% over the 4Q total. DOC said its numbers were adjusted for seasonal variations but not price increases.
RECORD HIGH U.S. HOUSE PRICES, RISING MORTGAGES DEPRESS NEW HOME SALES
Sales of new U.S. single-family homes tumbled to a two-year low in April, likely as higher mortgage rates and record prices squeezed first-time buyers and those in search of entry-level properties out of the housing market.
WHAT, CRE WORRY? Q1 RETAIL NUMBERS SHOW STENGTH
Investor interest in retail has been on the upswing over the past few months. Despite possible signs of slowdown and increased interest rates, investors appear to still be bullish on the sector, according to recent data from Crexi.
E-COMMERCE RETAIL SALES GREW 2.4% IN Q1 2022
Figures released by the US Department of Commerce on Thursday revealed that US retail e-commerce sales In Q1 2022, which totaled about $250B, grew by only 2.4% over the 4Q total. DOC said its numbers were adjusted for seasonal variations but not price increases.
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