WMRE Daily
WMRE Daily

SEPTEMBER 9, 2021

Top Story

How Much Disruption Will Ida Cause for the CRE Industry?

Among the biggest impacts might be a further increase in the costs of construction materials and construction and industrial labor.

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Commentary

There Is a Growing Interest in Marinas as an Investment Property

With a growing stock of boats and a limited supply of boat storage facilities, the fundamentals of the industry suggest marinas are a compelling investment.

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In Case You Missed It ...

How One Office Owner Is Successfully Implementing a Vaccine Mandate

Florida-based CP Group was an early vaccine mandate adopter. But the firm spent time on addressing employees’ concerns and educating them about vaccine safety.

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Sponsored Content

ESG Provides Tailwind for Mass Timber Buildings

Whether for its sustainability benefits or tenant appeal, mass timber buildings are helping today’s developers innovate and respond to ESG goals.

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WMRE Wire

DigitalBridge Agrees to Sell Wellness Portfolio for $3.2 Billion

The REIT’s “wellness infrastructure” portfolio includes seniors housing, skilled nursing facilities, hospitals and medical office buildings.

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Gates’s Firm Buys Part of Saudi Billionaire’s Four Seasons Stake

Cascade Investment LLC will buy a 23.75 percent stake in the business from Kingdom Holding Co. at a $10 billion enterprise value.

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Fed Official Who Warned on Real Estate Was Active REIT Trader

Boston Fed President Eric Rosengren listed stakes in four REITs and disclosed multiples transactions in the sector. A Boston Fed spokeswoman said his investments are “consistent with the system’s strong ethics rules.”

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11 Must Reads for the CRE Industry Today

Samsung may be on the verge of selecting Central Texas as the site of a massive $17 billion chip manufacturing plan, reports Houston Business Journal. Several publications looked at how New York City has transformed in the 20 years since 9/11. These are among today’s must reads from around the commercial real estate industry.

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