In today’s commercial real estate news: an interview on the hotel sector, a Japanese giant acquires a major American investor and foreign investors have an uncertain future ahead of them.
Q&A With MCR Development CEO On His Outlook for the Hotel Sector
While many experts predict the hotel industry will experience slightly lower occupancy levels in 2017, MCR is going ahead with its developments. Tyler Morse, the development CEO for MCR, offers insights into why he’s confident his company is making the correct decision.
SoftBank to Acquire Major CRE Investor Fortress Investment Group for $3.3 Billion
Japanese telecom giant SoftBank Group Corp. has announced it will acquire commercial real estate investor Fortress Investment Group for $3.3 billion. The move by SoftBank is the next in a series of moves designed to turn it into a global investment and asset management firm.
More Hurdles Ahead for Foreign Investors
Higher interest rate, a maturing real estate cycle and shifting geopolitics will erect challenging hurdles for foreign investors to leap over in the coming years. Many are optimistic and the demand is strong, but if President Trump adopts an isolationist stance, the brakes may hit quick.