The deal reinforces the appeal of physical stores and will likely bring up the value of centers currently anchored by Albertsons, according to brokers.

One way in which apartments are different is that it has always taken longer to build them than single-family houses.

Cerberus Capital Management paid $350 million in 2006 for struggling Albertsons stores as a real estate play. In the years since, the private equity firm has added to its stake, bulked up through acquisitions and (repeatedly) tried to part with...

Office sales trend down as investors confront rising cost of capital, fears of recession and lackluster leasing trends

The city of Chicago owns some 10,000 vacant lots, with a large concentration in economically-challenged neighborhoods that have experienced decades of underinvestment. Selling them could help reduce overall crime. It could also boost affordable...

XPO was winning over investors as Jacobs snapped up truck brokerages and contract logistics companies and cobbled together a last-mile delivery business.

Some sources of financing are drying up, but overall multifamily fundamentals are strong enough to keep funds flowing to borrowers.

“We know firsthand from deals we’ve been working on that buyers have pulled back and lenders are more conservative,” says one broker. Nevertheless, the medical office sector is still considered a favored asset class among investors.

Boise, Idaho-based Albertsons has been studying options to boost growth, having seen sales gains during the Covid-19 pandemic cool at the same time as labor and logistics expenses have been rising.