TAG Industrial Watch: October 9, 2021

“As Mark Twain once said, ‘History never repeats itself, but it does often rhyme.’ The residential housing bubble of the early 2000s was marked by the Federal Reserve’s artificially low interest rates that enabled Fannie Mae, Freddy Mac, and Wall Street to bet heavily on collateralized loan obligations. And America’s massive $800 billion trade deficits (enabled by the Fed’s low rates) provided foreign banks plenty of dollars to purchase those CLO’s. Today, interest rates are even lower, but the same investment community has largely turned its attention towards the darlings of commercial real estate, multi-family and industrial. Annual issuances of CRE CLOs have increased from just $1 billion in 2012 to a projected $35 billion this year (Commercial Property Executive). While the crystal ball that projects residual gains is nonexistent, there is no doubt that right now is a prime time to realize some, especially among industrial investors.” -Adam Abushagur

 

I N D U S T R I A L   N E W S

What’s Driving CRE Securitization
Commercial Property Executive – September 30, 2021
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Oxford Lands $1.4B CMBS Financing For $2.2B
KKR Industrial Portfolio Purchase

The Real Deal – September 27, 2021
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Sovereign Wealth Funds Pick Up Pace
On U.S. Industrial Acquisitions

Wealth Management – October 5, 2021
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Mapletree Ramps Up U.S. Logistics Presence
With 2 Portfolio Acquisitions For $3B

Bisnow – September 30, 2021
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No End In Sight For Industrial Boom As
‘Off The Charts’ Demand Continues

Bisnow – September 29, 2021
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R E G I O N A L   N E W S

Denver On Pace To Set Record For Industrial Net Absorption
Mile High CRE – September 30, 2021
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These Were 6 Of The Biggest Industrial Leases
In Houston During Q3 2021

Bisnow – September 30, 2021
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James Campbell Co. Leans Into Northwest Dallas Industrial
Connect Texas – October 4, 2021
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These 8 New Laws Will Impact Construction In Texas
Construction Drive – September 30, 2021
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The Opus Group Starts Construction On Spec Industrial
Development In North Aurora

ReJournals – October 4, 2021
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