Net lease investment is stuck on pause after a plunge in investment volume in 2023 that the market just can’t shake. Investment volumes in net lease properties dropped 51% year-over-year in 2023 to $38B, according to CBRE, and remained depressed in the first quarter of 2024, clocking just $1.3B, according to CoStar data, an 88% annual drop. At the same time, eager potential investors are sitting on billions in dry powder. 
“There's a huge swath of folks doing nothing,” B+E CEO Camille Renshaw said. “They're waiting, and we hear it all day long, they're on the fence, and they're waiting on interest rates. Obviously, if they get up against that maturity date on their debt or something, they'll have to do… Read the full story here. | | |
