Niche Property Types

Bullish on AC? Really?

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Of course we have to talk about Revel. The long-troubled casino resort super-development, which cost $2.4 billion to develop and recently sold at auction for less than five percent of this value, has been a longstanding source of consternation for…

Staying Afloat: On Marina Real Estate

marina real estate

As we approach the official end of the summer I feel this is my last chance to discuss one particularly summer-related real estate sector, a niche sector I’ve never discussed before on Llenrock Blog. I want to talk about marina…

Back to School: CRE & Higher Ed in 2014

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Throughout the country, students are or soon will be flocking back to university campuses–whether in big cities or small college towns–for another year of college. That means its time for the obligatory “Back to School” feature here on the Llenrock…

Don’t Call It a Trailer Park

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Have you ever seen the TV mockumentary Trailer Park Boys? It’s obnoxious, rude, and beyond ridiculous, and it frequently reinforces the stereotype of mobile home parks as trash-strewn hell holes populated by drunks and white trash. It’s a pretty funny show.…

Retiring at the Ritz

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There is a great deal of overlap among CRE asset classes, which I think is what makes each so interesting. Medical office buildings, for instance, are office assets modified for use by (duh) the medical profession, which makes them something…

Aging Gracefully (and Profitably)

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The world’s population is growing older. Particularly in industrialized nations, where healthcare and higher standards of living promote longevity, elderly populations are beginning to comprise a larger and larger percentage of the population. If you go over to a fascinating…

Japan: Welcome to the Club?

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In the past decade or two, a few industries in particular have driven real estate investment and development opportunities in markets throughout the U.S. and around the world. One of these is healthcare. Another is e-commerce and the tech industry. A…

Big Screen Real Estate

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Are movie theaters obsolete? Today, consumers enjoy a ridiculous amount of variety when it comes to entertainment, with video games, cheap DVD rentals, and streaming movie and TV services (Netflix, Hulu, on-demand TV) cutting into the traditional cinema’s market share.…

The Experience Economy

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About a week ago, New York Times commentator David Brooks wrote a fascinating piece on boutique hotels, titled “The Edamame Economy.” Edamame is a metaphor for many contemporary boutique hotels that offer luxury and style in order to differentiate themselves…