Why Multi-Use Industrial is the New Investor Favorite
Many multi-use industrial properties are now in the heart of population centers, and limited supply has made them a...
March 22, 2021
Jonathan Needell, president and chief investment officer at Kairos Investment Management Company (KIMC), said a possible stumbling block to more REITs focusing on film production is that most studios lack commercial output policy insurance, unless they are in larger markets like Los Angeles or New York. He also noted that production investments often have speculative characteristics, if not operated by a studio giant like Apple, because of constant expenses required for facility improvements, which make long-term leases less desirable.
“This is about highly specialized improvements that can be a good investment depending on the credit,” Needell said. “You are taking some speculative credit risk on the improvements for someone who is not an Apple or a big enough tenant to stand behind the long-term lease.”
Studio spaces can also pose logistical challenges with higher tenant improvement costs compared to other properties like offices or industrial buildings, due to necessary equipment and wall adjustments. This dynamic can often lead to REIT apprehension toward investing in companies that aren’t major players in the film industry.
Many multi-use industrial properties are now in the heart of population centers, and limited supply has made them a...
Quote by Jonathan Needell | Mortgage Professional America September 3, 2020 On Tuesday, after the expiration of both expanded...
The community last traded for a fraction of its current value Multi-Housing News November 19, 2021 Kairos Investment Management...
U.S. industrial properties boom as retail, hotels lose value Quote by Jonathan Needell | Bloomberg December 10, 2020 Warehouses...
Affordable housing is known for its stability during economic disruption, but this downturn doesn’t look like anything seen before....
Industrial has become a tail of haves and have-nots this year, with ecommerce growth on one end and manufacturing...
While in-person shopping should increase, demand for modern facilities will also rise. Quote by Jonathan Needell | GlobeSt.com January...
Connect CRE March 28, 2022 On both the consumer side, and the business side, the emergence of insuretech, fintech and, of...
30242 Esperanza
Rancho Santa Margarita, CA 92688
(949) 709-8888
(949) 800-8500
investorreporting@kimc.com
Copyright © 2022 Kairos Investment Management Company | Disclosures
You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/