May 7th, 2024
On this Tuesday edition of Real Estate Investor News, we dive into a forecast predicts the closure of approximately 45,000 retail stores in the next five years due to the relentless rise of e-commerce giants. Next, we highlights a surprising surge in the alternative sector, with a remarkable 41% year-over-year increase in the first quarter of 2024. Lastly, we explores Puerto Rico's emergence as a prime investment destination, particularly in the booming short-term rental market. With enticing tax incentives under Act 60 enticing mainlanders to relocate, Puerto Rico presents a promising prospect for savvy investors.
News Articles
1. https://www.bisnow.com/national/news/retail/45000-retail-stores-could-shutter-in-the-next-5-years-ubs-124067
2. https://www.globest.com/2024/05/02/alternative-sector-sales-jumped-in-q1-and-heres-why/?utm_source=newsletter.credaily.com&utm_medium=newsletter&utm_campaign=syndication-distress-what-s-happening-and-how-gps-and-lps-can-respond
3. https://www.biggerpockets.com/blog/investing-in-puerto-rico-real-estate
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