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Below you'll find our roundup of the best news and developments across the web, covering everything from real estate highlights to climate change, city developments, and urban planning.

Insights From SORTIS
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Blend to Mend: REITs' New Trend
Mixed-use developments are reshaping real estate, offering REITs diversified income and higher returns. Learn how blending living, working, and retail spaces boosts investments. Are you ready to capitalize on this urban revolution? Read More.

Fin Frontiers

Broadening gains in US stock market underscore optimism on economy

Stocks Unbound: Gains All Around

More stocks are joining the S&P 500's rally to record highs, easing worries about tech giants' dominance. With broader participation, is the market's momentum set to continue? Read More.
A Dockworkers Walkout Would Close Ports From Maine to Texas and Slam the U.S. Economy

Optimism Swells, Economy Excels

Top CEOs are surprisingly bullish on the economy, with 84% expecting a soft landing amid strong growth and low inflation. Are these leaders onto something the rest are missing? Read More.


Real Estate Highlights

A record number of apartments are getting built this year. That_s great news for real estate affordability.

Building Escalates, Rent Deflates

A record surge in apartment construction is causing rent prices to fall, especially in hotspots like Austin and Dallas. But with builders pulling back, will this rental relief be short-lived? Read More.
Rent or Buy_ How Falling Mortgage Rates Change the Math

Rates Down, Still Can't Own

Despite mortgage rates dropping after the Fed's cut, high home prices keep homeownership out of reach for many renters. With monthly payments still steep, will they ever afford their dream homes?
Read More.


CRE Corner

2024 Election Impact on CRE

Ballot Weight, CRE's Fate

Upcoming elections could reshape the commercial real estate industry with new laws on housing affordability, rent control, and development restrictions. How will these decisions impact property values and the housing market's future? Read More.

Chrysler Building Owner Is Poised to Lose Control of Iconic Skyscraper

Lease Ceases, Icon Releases

Cooper Union reclaims the Chrysler Building after RFR Holding missed $21 million in rent. With legal battles looming, what does the future hold for this historic skyscraper? Read More.

Metropolitan Matters

San Jose Considers Tax Breaks To Fill Downtown Offices

Vacancy High, Incentives Apply

San Jose offers tax breaks and free parking to lure businesses into its high-vacancy downtown offices. Will these new perks revive the city's core and help small businesses thrive? Read More.
That Luxury Home Comes With an Ocean View—and Surging Insurance Costs
Luxury Strains, Insurance Drains

Skyrocketing insurance premiums are making luxury homes harder to own and sell, especially in disaster-prone areas. With insurers pulling back, is high-end real estate becoming unsustainable? Read More.

Climate Chronicles

Commercial buildings waste a ton of energy. This CTO is using data and AI to make them more efficient
Data Drives Change: AI Takes the Stage

Johnson Controls is reinventing itself by using AI and data to reduce energy waste in buildings. With CTO Vijay Sankaran leading, they're merging tradition with innovation. Curious how they're shaping a greener future? Read More.
Zillow will now show climate risks for property listings in the US

Risk on the List: Zillow's Twist

Zillow will soon display detailed climate risk information on property listings, including risks of wildfires, flooding, and more. Buyers can now see potential hazards and insurance needs upfront. Will this change your home search? Read More.

Alternative Avenues

3 Things to Know as Private Credit Heads Toward a $2 Trillion Industry
Funds Rise, Execs Say Goodbye

OpenAI secured $6.6 billion in funding and unveiled new AI products, but top executives, including the CTO, unexpectedly departed. Can OpenAI maintain its innovation momentum amidst leadership changes? Read More.
Why Silver Is Having a Golden Moment

Silver Soars, Demand Roars

Silver prices have surged 34% this year, surpassing gold, fueled by industrial demand and investor interest. With supply deficits and growing uses like solar panels, is silver poised to shine even brighter? Read More.

Sortis Income Fund

Inspiration Alley

Developers, Architects Stepping Up Their Biophilic Aims

Nature's Embrace, Living Space

Architects are integrating nature into homes, enhancing well-being through biophilic design. From Florida's estuaries to New York's gardens, could your future home be a sanctuary connected to the natural world? Read More.

Have a Great Weekend!

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To invest and read more about the Sortis Funds, visit our website, or find us on Linkedin. We are happy to answer any questions you may have at dutton.elske@sortis.com.

 

 

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