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July 11, 2023

Inside The Growing Real Estate Asset Class That's A Favorite Of Bill Gates, The Mormon Church

A series of unknowns looms over commercial real estate, with uncertainty sidelining many investors and motivating a small but growing number to cut their losses and bet on American farmland, an asset that remains in high demand even as prices soar.

Farmland is known for its historically strong returns, low volatility and ability to act as an inflation hedge. That gives the asset a relative stability that is a big draw for CRE investors, especially in an era when interest rate hikes are decimating profits, said Carter Malloy, founder and CEO of farmland investment platform AcreTrader.

Inside The Growing Real Estate Asset Class That's A Favorite Of Bill Gates, The Mormon Church

“We are seeing a lot of interest from those more traditional real estate types of folks,” Malloy said. “In commercial real estate, you’ll have plenty of people who show up and say, ‘I doubled my money last year,’ and plenty who will say, ‘I lost it all.’ That’s a rarity…

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Lincoln Property Co. Acquires Property Management Firm RiverRock

Lincoln Property Co. has added more than 50M SF of office, retail and industrial space to its property management portfolio through the acquisition of Irvine, California-based RiverRock Real Estate Group.

Lincoln Property Co. Acquires Property Management Firm RiverRock

RiverRock provides third-party management services to clients in California and Arizona, per a news release. Founding partner John Combs will join Lincoln’s executive team to spearhead the firm’s property management operations and growth.“I founded RiverRock in 2003 to provide a better solution for clients, embracing the most successful ideas in customer service,…

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Office Values Down 27% Over Last 12 Months, Apartments Drop 16%

Office Values Down 27% Over Last 12 Months, Apartments Drop 16%  

Office property values dropped 27% during the 12 months ending in June, according to Green Street, the most of any property type. Office assets lost 6% in value in June 2023 alone. Overall, the Green Street Commercial Property Price Index was down 11.6% compared with a year ago, and was down 0.8% for…

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