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Commercial Real Estate News for Tuesday, July 11

In today’s commercial real estate news – we’ll look at decreases in Brazil commercial real estate, major Hawaii commercial real estate holder converts to a REIT, apartment vacancy rates remain low in several major cities, and much more.

Brazil Commercial Real Estate Shows More Decreases in May

Considering the accumulated inflation rate during the twelve-month period of 3.60 percent in Brazil, the actual decline in commercial real estate sale prices was 7.50 percent and in commercial lease prices, 9.09 percent.

Alexander & Baldwin to Convert to a REIT, Hires New CFO

Alexander & Baldwin, one of Hawaii’s largest owners of commercial real estate, said Monday that it is converting to a real estate investment trust.

AAED Will Look at Commercial Real Estate In 2018

“A Look at Commercial Real Estate in 2018” will be the topic at the Arizona Association for Economic Development’s (AAED) August luncheon.

Apartment Vacancy Rates Remain in Low Single Digits in Gateway Markets

The strongest four markets in the country—New York, San Francisco, Los Angeles and Boston—seem almost impervious to shifts in new supply.

Cap Rates Drop as Competition for Medical Office Buildings Heats Up

The intense vying for urgent care centers, surgery centers and other outpatient medical facilities is driving down cap rates in the sector.

6 Amazing Tips on Turning Real Estate Into a Real Fortune

Finding success in real estate requires more than simply buying low and selling high.