Dividend-paying stocks and interest-bearing bonds aren’t the only ways to generate potential investment income. Real estate has the potential to meet that objective as well.
​
In fact, income generation is a key reason why many people diversify their investment portfolios to include different types of real estate assets, be they commercial, net lease, self-storage, medical or multifamily. Many real estate investments are predictable and durable in their ability to generate monthly income—although rental income is never guaranteed since real estate is a living, breathing asset.

​Read Full Article: bit.ly/3j4xYBN

(Bloomberg)—The Prizm Outlets mall, about a 40-minute drive south of Las Vegas on the California border, lost 95% of its value in six months. It may not be the last mall to do so.
​
Formerly known as the Fashion Outlets of Las Vegas, the Primm, Nevada mall was auctioned off on Wednesday at a final price of $1.525 million, compared with a $28.2 million appraisal in July, according to a person with knowledge of the results on commercial real estate auction site Ten-X. The buyer wasn’t disclosed.

Read Full Article: bit.ly/2L3XASw

There remain ongoing debates in the office market on whether the pandemic-driven shift to work-from-home strategies will drive long-term structural changes. Will office tenants require more or less space? Will there be an outmigration from urban centers? How much will the glut of sublease space affect rents?

Even with vaccinations now taking place and a "new normal" potentially only months away, many agree that it is too soon to tell. That uncertainty is manifesting in many tenants opting for shorter-term lease commitments, which is creating underwriting challenges for both investors and lenders.

Read Full Article: bit.ly/2YiFteM

Opportunity zone investors woke up to great news on Wednesday that had nothing to do with a presidential inauguration.
​
The IRS has extended several deadlines relating to opportunity zone investments due to the ongoing coronavirus pandemic, the department announced in a public notice posted Tuesday night. Some deadlines had previously been assumed to have passed on Dec. 31 until the reversal, which extended them until March 31.

Read Full Article: bit.ly/3iGBNNi

(Bloomberg) -- After a year in which people spent months cooped up at home getting very little exercise, New Year’s resolutions have taken on a little more weight in 2021.
​
The fitness industry can attest. Despite the coronavirus restricting gym capacity while shuttering some entirely, the traditional January spike in memberships has matched—and in some ways exceeded—those of years past. Part of that can be tied to the predictable explosion of online classes, and a move toward maintaining mental as well as physical health.  

Read Full Article: bit.ly/3iuHpK8

With land growing scarce in the leading data center markets, expect to see data centers grow taller, denser and more sophisticated. 

2020 was a record year for data center development, and industry players expect the growth to continue even in the event of a prolonged economic recession. According to a recent survey by Turner & Townsend, 85% of data center professionals predict that construction demand in 2021 will be even higher than it was last year, and a majority don’t see a recession slowing down demand.  
​
Northern Virginia, the world’s largest data center market, may serve as a bellwether for development trends. 

Read Full Article: bit.ly/3oTl2R1

Nestled in a 5,593-page federal spending bill approved last month were several provisions that could tighten energy standards for data centers.
​
The $2.3 trillion Consolidated Appropriations Act, which included $900B in coronavirus relief measures, was signed into law on Dec. 27. As part of a section on energy policy, the sweeping bill establishes a “data center energy practitioner program,” which would certify experts in data center efficiency, among other provisions.

Read Full Article: bit.ly/3i4QBVm