• Mon. Apr 12th, 2021

5 at 5: Your Daily Digest for Real Estate Investing, 1/13/21

Airbnb goes dark in D.C., Mashvisor sees Airbnb recovery later this year, American Tower gets even bigger, CRE opportunity in 2021, and three healthcare REITs to consider.

In Today’s News

Airbnb Cancels D.C. Reservations During Inauguration Week

Airbnb (NASDAQ: ABNB) says it’s canceling reservations made in the Washington, D.C., metro area during inauguration week, citing various officials’ requests that people not travel to the area during this time, NPR reports.

Why it matters: Lost revenue at a time when the district should be full particularly hurts, but at least the company says it will refund and reimburse guests and hosts, respectively, for the canceled reservations.

COVID-19 Vaccine to Drive 2021 Airbnb Occupancy Rate Recovery

Mashvisor says its analytics data show that Airbnb’s national average occupancy rate won’t hit “the benchmark for recovery until September” as the COVID-19 vaccine works its way through the population and the economy.

Why it matters: Income from Airbnb and its competitors is important to a lot of real estate investors and homeowners, as well as to the hospitality and tourism markets where many of them are centered.

American Tower Enters Europe in $9.4 Billion Telefonica Deal

American Tower (NYSE: AMT) is buying about 30,700 tower sites in Spain, Germany, Brazil, Peru, Chile, and Argentina from Telefonica, adding to the 181,000 communications sites already in its 20-country portfolio.

Why it matters: Bloomberg says AMT gets “premier assets” in Germany and Spain that will weave in well with the towers the company already controls in France, and that makes this 800-pound gorilla of a real estate investment trust (REIT) even more of a presence in telecommunications infrastructure as 5G keeps rolling out.

Today on Millionacres

3 Things CRE Investors Should Know in 2021

While things are looking up for the commercial real estate sector after the release of the COVID-19 vaccine, CRE investors aren’t out of the woods yet.

Why it matters: Millionacres’ Liz Brumer lays out two areas of possible investment opportunity — affordable housing and distressed assets — and why liquidity and cash might be the best hedges of all right now.

3 Top REITs to Buy With Dividends Above 5%

With an aging population and a raging pandemic that’s affecting everyone, healthcare is a good place to look for ROI, and there are some good candidates among the family of REITs specializing in that segment.

Why it matters: Millionacres’ Matt Frankel makes the case for three companies whose portfolios span the spectrum of healthcare in America, and they pay nice dividends, too.