[Inside] Virtual Real Estate, CA Migration and Tapering...
|
|
Weekly Wrap-Up CRE Newsletter #5
Please enjoy Prosperity CRE’s weekly newsletter designed to keep you informed and engaged with timely commercial real estate issues and data, and other points of interest.
Population Migration Within California: Moving to Sacramento and Inland Empire
The Inland Empire tied Phoenix in 2020 for the biggest gain in households from migration nationwide. Phoenix-area migration gains shrank last year from 2019, while the pandemic accelerated migration into Riverside and San Bernardino counties by 50%.
Sacramento also gained more than 13,000 households from the Bay Area metros. Tracking population migration is one of the keys to predicting where real estate prices are likely to rise. Here are a couple of interesting infographics on the migration out of coastal cities inland:
|
|
|
|
|
|
|
|
|
Virtual Real Estate Sells for $2.4 Million
Commercial Real Estate can be a very profitable asset class. But how do you place a value on Virtual Real Estate? A patch of Virtual
Real Estate just sold for $2.4 Million worth of cryptocurrency in the online world of Decentraland https://pcre.xyz/tac
Pricing Continues to Rise for Industrial & Multifamily - Investors Seek More Attractive
Returns
Many investors are shifting their strategy to retail and office for the greater potential return on investment they currently offer. For instance, demand for grocery-anchored shopping centers is the strongest it’s been in nearly two decades. https://pcre.xyz/ghy
|
|
|
|
|
Free Due Diligence Manual This is our
31-page no-fluff working manual with legal, financial and physical nuggets of truth so you invest as smart capital does.
Get your free copy by CLICKING HERE
(no email required)
|
|
|
|
|
|
Top 10 Things to Watch In Commercial Real Estate in 2022
The year ahead is likely to see further improvement in commercial real estate markets as the economy continues to recover from the Covid-19 pandemic. This recent Forbes article includes 10
predictions, ranging from an increase in commercial transactions, and property prices, to a continued return to office:
https://pcre.xyz/bte
|
|
|
|
|
Join The Investment ClubAre you on the list to get early access to our investment opportunities? We have a few deals lining up for Q1 2022, so if you'd like to be one of the first to get access, be sure signup on our secure investment portal here: https://invest.prosperitycre.com
|
|
|
Capital CornerThe CRE perm loan
loan benchmark index, 10 year Treasury dropped to 1.35% continuing it's choppy decline from the November high of 1.63%. Much of the movement occurred in the last week as news of Omicron's arrival in the US created further jitteriness in bond markets. However, lower treasury yields are seen as typically bad for savers and viewed as positive news for borrowers.
Last week's congressional meeting with the Fed's Powell brought news of a possible tapering of crisis bond purchases earlier than expected. But the bigger news was the fed chairs admission that inflation was now being seen as more than a short term situation and that they will now retire the term "Transitory" that previously described the higher inflation of 2021. A timeline of the bond buying taper process highlighted in the chart below:
|
|
|
|
|
|
|
Complimentary EBook on Real Estate Investing
If you’d like to learn more about our approach to real estate investing to generate ongoing cash flow and building long term wealth, you can receive a complimentary copy of our research based real estate investment book, Investing for Cash Flow and Long Term Wealth by CLICKING HERE.
|
|
|
|
|
