Good morning, investors. In today’s commercial real estate news—construction and real estate lead the S&P 500 on Tuesday, experts say REITs should consider alternate forms of funding, and what lies ahead for the future of Los Angeles.
Shares for companies in the real-estate and construction center lead the S&P 500 on Tuesday. A number of retail REIT executives spoke on the bruised retail market, but encouraged investors to treat malls as individual assets, and to judge them on their quality.
An in-depth follow-up on Los Angeles since the development-halting bill Measure S failed to pass. The city now must choose a way forwards—capitalizing on it’s development momentum but not forgetting those left behind to high rents.