If Commercial Real Estate Investment Has Bottomed Out, It Could Take As Long As Two Years To Recover
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GLENDALE, CO – Kairos Investment Management Company (KIMC), a firm that focuses on value-based real estate investments with favorable risk/reward characteristics, has acquired Forest Manor Apartments, a 103-unit affordable multifamily property in Glendale, Colorado. “Kairos is constantly looking for markets similar to Glendale, Colorado, where there is a strong demand for quality and expertly managed affordable housing communities. In these areas, which tend to be less efficient...
Don't miss the big stories. Like us on Facebook. STRATTON â Nearly 200 people attended the Stratton Mountain School Winter Ball on Jan. 30 in support of the Stratton Mountain School Scholarship Fund, which provides student scholarships and educational resources for nearly 45 percent of the schoolâs student-athletes. The gala and silent auction, which took place online due to COVID-19 safety concerns, raised almost $215,000, making it the most successful event in its 50-year history. Themed âAround the World,â the international broadcast was co-hosted by Head of School...
Too inflated But as investors buy a smaller slice of commercial real estate, the inflows are fueling a potential bubble, according to Jonathan Needell, chief investment officer at Kairos Investment Management in Rancho Santa Margarita, California. "You're getting people chasing industrial, in particular, to prices that are unsustainable," said Needell, whose firm oversees $1 billion in commercial real estate. It's not just a US phenomenon. Investments in warehouse and industrial properties comprised 20% of global commercial real estate spending this year, up from 12 per cent in 2015, accord...