Why REITs Should Consider Third-Party Management

Wikimedia Commons/Chris Spielmann

REITs can save money by outsourcing property management services, according to a recent CBRE report. In particular, REITs with less than 10M SF in a given market can realize significant efficiencies with professional, third-party property management, reports National Real Estate Investor. When they have externally managed assets, they can have more flexibility to move capital between property types and locations. The caveat lies in smaller REITs, which can actually lose efficiency and margin due to excess capacity. [NREI]

Continue reading this story with a free account

Log in or register
Related Topics: CBRE , REIT
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Data Center Leaders Aren't Sweating Calls For An AI Slowdown

REPORT: Amazon Eyes Next Industrial Push With Plans To Expand Same-Day Deliveries

First Rate Hike Since 2023 Lands Atop 5% Treasury Yield, Ratcheting Up Capital Pressure

Inside The Nationwide Jockeying For Opportunity Zones 2.0

GTIS Partners Rebrands As Brightshore Capital, Launches $250M Debt Platform

Data Center Spills 5,000 Gallons Of Fuel Into New Jersey River

Hines And Rialto Close Office Credit Fund At $1.1B

Chipotle Adding Hundreds Of New Locations Worldwide

'Beyond A Routine Wobble': 10-Year Treasury Clears 5% Ahead Of Key Fed Meeting

Trump's DEI Crackdown Is Creating New Risks For Landlords That Lease To The Government

Airbnb Launches $250M Fund To Invest In Affordable Housing

Brookfield Buys Minority Stake In Hyperscale Data Center Developer AREP