You can think of capital expenditures (capex) as long-term, less frequent utilizations (uses) of capital. For example, the costs of buying a new building, acquiring a competitor firm, expanding a ...

Real estate investing comes with its set of expenses beyond the initial purchase price, and one crucial aspect to consider is capital expenditures (CapEx). CapEx reserves are funds set aside by ...

Most REIT investors ignore or underestimate the impact of capex on their investment performance. We find that the need for maintenance capex has an enormous impact on long-term returns. Favor property ...