News

The latest monthly jobs report shows the U.S. economy continues to purr, and even though some investors now sound notes of caution, most remain optimistic about the nation’s real estate market for 2019.

NAI has added 17 New Offices in Recent Months Jay Olshonsky, SIOR, FRICS and President of NAI Global, a leading global commercial real estate brokerage firm, today announced the addition of 17 new offices and another year in which the firm generated over $20 billion in transactions. NAI Global added nine U.S. offices and eight international offices during 2018.

NAI Global, a leading global commercial real estate brokerage firm, today announced its members of the 2019 NAI Leadership Board. The following groups will now be part of the board: Executive Leadership Committee, Leadership Board Members, Strategic Leadership Committee and Past Chairperson’s Council. The Executive Leadership Committee assures alignment of strategies, goals and objectives so that the organization can perform with the greatest degree of efficiency under a shared vision. The Leadership Board Members institute the strategic initiatives of the Executive Leadership Committee and assist the Strategic Leadership Committee in researching, vetting and aligning the strategic initiatives with the goals and objectives of NAI Professionals. The Strategic Leadership Committee creates and vets strategic initiatives consistent with the objectives and goals of NAI Professionals. The Chairperson’s Council provides experiential counsel and guidance and is available to be called upon to augment strategic discussions and lead initiatives as requested by the Strategic Leadership Committee. To view the individuals taking on roles in each group, please see below.

Multifamily remains the top asset choice for investors, despite rising interest rates and talk about overall investment momentum tapering, according to Real Capital Markets’ (RCM) 2019 National Investor Sentiment Report. Investors remain in a buy mode across multiple sectors, but there is talk of activity slowing at this point in the cycle.

As 2019 begins to take shape, commercial real estate investors are starting to hedge their position on the overall strength of the market, according to Real Capital Markets’ 3rd Annual 2019 National Investor Sentiment Report.

In December 2018, Real Capital Markets surveyed and conducted interviews with a wide range of industry experts, from entrepreneurial investment firms to institutions. Participants active in all property types, from office to industrial to multifamily and retail, weighed in on the commercial real estate industry as it enters a year of questioning – will the market continue to boom…or will it bust?

Resource Credit Income Fund (the “Fund,” ticker RCIAX) today announced its quarterly distribution of $0.175* per share as of December 31, 2018. This represents a 6.8 percent annualized quarterly distribution. The Fund began trading on April 17, 2015 and closed the quarter as of December 31, 2018 with an inception-to-date cumulative total return of 23.72 percent.

Resource Real Estate Diversified Income Fund (the “Fund,” ticker RREDX) today announced its quarterly distribution of $0.150* per share as of December 31, 2018. This represents a 6.0 percent annualized quarterly distribution, placing it in excess of the Fund’s five percent target.** The Fund began trading on March 12, 2013 and closed the quarter as of December 31, 2018 with an inception-to-date cumulative total return of 41.12 percent.

Exantas Capital Corp. (NYSE:XAN) (the “Company”) (formerly known as Resource Capital Corp.) announced today that its Board of Directors declared a cash dividend of $0.175 per common share for the quarter ending December 31, 2018. The dividend will be paid on January 25, 2019 to holders of record on December 31, 2018.

Crowdfunding sites, online marketplaces and auction platforms are giving multifamily investors and lenders the ability to execute a wide range of deals quickly and efficiently. Which innovations are taking center stage?