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Kingsbarn Realty Capital is a leading national investment manager providing real estate securities to institutional and accredited investors.
REAL ESTATE NEWS

LBA Logistics Scores $557M CMBS for Industrial Portfolio

Oct 4, 2024 - The assets are located in 10 states and are fully occupied....


Kennedy Wilson Secures $184M For 3 Student Housing Projects

Oct 4, 2024 - The move take's the company's student housing loan portfolio to $850 million...


Unexpected 254K Jobs Growth Probably Means Lower Rate Cuts

Oct 4, 2024 - As the Federal Reserve balances price stability and full employment, predictions of the future are a matter of luck....


Brookdale Acquires $610M Worth of Senior Living Communities

Oct 4, 2024 - The company also announced debt moves....


Apollo's CEO Says It's 'Not Clear' More Rate Cuts Are Needed

Oct 4, 2024 - The argument is that the Fed could cut rates too much and overstimulates the economy....


Santa Ana Green Lights $3B Related Bristol Mega-Project

Oct 4, 2024 - Mixed-use Bristol Street development is the largest investment in city's history....


High Financing Costs, Looming Loan Maturities Among Top CRE Challenges

Oct 4, 2024 - Despite improving economic factors, the cost of borrowing money continues to weigh on the industry....


Comparing Market-Rate and Affordable Rents Reveals Stark Regional Differences

Oct 4, 2024 - The level of competitiveness between market-rate and fully affordable properties varies greatly by locale....


Tenants Target FHFA and Landlords With Rent Strikes

Oct 4, 2024 - Kansas City area tenant unions say they're tired of bad living conditions and uncooperative landlords....


Hines Closes Largest Self Storage Deal Ever for $91M

Oct 4, 2024 - The site spans 260,273 square feet....


Lab Space Glut Grows Amid Slowing Life Sciences Leasing

Oct 4, 2024 - Many developers are holding off on beginning lab and R&;D construction until projects are fully leased....


Dock Workers and Ports Come to Temporary Settlement

Oct 4, 2024 - But there's still no agreement on restricting automation....


Here's How the Next President Could Reshape Industrial Real Estate

Oct 4, 2024 - The November election could have a significant effect on industrial real estate users and landlords....


San Jose Okays Tax Exemptions to Lure Downtown Office Tenants

Oct 3, 2024 - New owner-operators, tenants get two-year exemption when they lease at least 2,500 SF for four years....


STNL Cap Rates Inch Higher in Q3

Oct 3, 2024 - Categories saw a lot of variance in how hard cap increases hit....


FEATURED PROJECT

THE MARLETTE

MULTIFAMILY DEVELOPMENT   |   CARSON CITY, NV   |   140 APARTMENTS
COMPLETED MAY 2024

The Marlette is a luxury 140-unit multifamily project located in Carson City, NV within a Qualified Opportunity Zone (QOZ). The project will create much needed housing to a supply constrained market. The location offers tenants easy highway access, proximity to major employment centers and schools, and direct access to all the amenities of the Sierra Nevada. Community amenities include a clubhouse, pool, spa, playground, dog park, and significant manicured open space.

WEEK AHEAD
This week is poised for significant activity, driven by key economic reports and potential shifts in investor sentiment. On Oct. 1, the ISM Manufacturing PMI and the ADP National Employment Report will provide insights into economic health, while the unemployment claims report on Oct. 3 could influence market reactions. The ongoing adjustments in Fed policy are expected to impact stock performance, particularly in defensive sectors like utilities and real estate, which have shown resilience amid broader market fluctuations. Investors will closely monitor these indicators to gauge future trends and adjust strategies accordingly.

CAPITAL MARKET INDICES
FED Prime Rate:
8.000%
FED Funds:
5.000%
5 Yr. Treas:
3.765%
7 Yr. Treas:
3.840%
10 Yr. Treas:
3.952%
Last Update: Saturday, October 5, 2024



DATA DECK FOR Sep 30 - Oct 4
DATE REPORT IMPACT FORECAST PREVIOUS
Sep 30 Chicago PMI Medium 46.1 46.1
Oct 1 Final Manufacturing PMI Medium 47.0 47.0
Oct 1 ISM Manufacturing PMI High 47.6 47.2
Oct 1 JOLTS Job Openings High 7.64M 7.67M
Oct 1 ISM Manufacturing Prices Medium 53.5 54.0
Oct 1 Construction Spending m/m Low 0.2% -0.3%
Oct 1 Wards Total Vehicle Sales Low 15.6M 15.1M
Oct 2 ADP Non-Farm Employment Change High 124K 99K
Oct 2 Crude Oil Inventories Medium -4.5M
Oct 3 Challenger Job Cuts y/y Low 1.0%
Oct 3 Unemployment Claims High 221K 218K
Oct 3 Final Services PMI Medium 55.4 55.4
Oct 3 ISM Services PMI High 51.6 51.5
Oct 3 Factory Orders m/m Low 0.1% 5.0%
Oct 3 Natural Gas Storage Low 47B
Oct 4 Average Hourly Earnings m/m High 0.3% 0.4%
Oct 4 Non-Farm Employment Change High 144K 142K
Oct 4 Unemployment Rate High 4.2% 4.2%