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Glenn Rufrano Talks About Why VEREIT Is Cutting Back on Office and Buying Up Retail Assets

2018-04-16 09:23:21| National Real Estate Investor

In a Q&A with NREI, Rufrano explained VEREITs acquisition and disposition strategy, including its reduction of office and restaurant assets and its addition of retail and industrial assets.

Tags: back up office retail

Category:Real Estate

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Subprime mortgages are coming back as non-prime mortgages, CNBC reports. Sears is closing its last store in its hometown of Chicago, according to the Chicago Tribune. These are among todays must reads from around the commercial real estate industry.

Tags: today april industry reads

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Are Industrial Values Getting Too High?

2018-04-13 18:25:52| National Real Estate Investor

Nationally, the average cap rate on deals involving industrial assets is 5.4 percent for class-A+ product, down from 5.6 percent in mid-2017.

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