Las Vegas has already posted strong apartment rent growth this economic cycle and gains continue to be robust, at around 5.8% year-over-year. The rapidly growing population is boosting demand for apartments, which in turn is driving rents higher.
Read Full Article: https://product.costar.com/home/news/shared/300527393
Blackstone to acquire Colony Capital e-commerce logistics assets for $5.9B
Blackstone Real Estate made its latest logistics play this week, announcing it is in "definitive talks" with Colony Capital for a $5.9 billion deal to acquire 60 million square feet of last-mile logistics assets in 26 U.S. markets concentrated in California, Florida, Georgia, northern New Jersey and Texas.
Read Full Article: https://www.supplychaindive.com/news/blackstone-acquires-colony-capital-e-commerce-logistics-assets/564043/
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