5 at 5: Your Daily Digest for Real Estate Investing, 5/18/21
Investment in specialized asset classes like lab and life science, cold storage, and medical office has risen significantly as the lack of opportunities in traditional options like industrial and multifamily has driven interest toward niche alternatives. The Millionacres takeaway: Laboratory, cold storage (think the "last mile of food"), and single-family rentals are particularly noted as attractors of venture capital money in this GlobeSt.com article on a Colliers report. Macy's (NYSE: M) today signaled recovery from the pandemic, reporting a 56% year-over-year first quarter sales bump to $4.71 billion and a revised outlook that CFO Adrian Mitchell said reflects "cautious optimism."
