Smaller metropolitan markets in the middle of the U.S. are seeing the strongest rise in home prices, reports CNBC. Nordstrom looks like one of the department store chains that will survive the pandemic, according to MarketWatch. These are among today’s must reads from around the commercial real estate industry.
Applebee’s Is Testing its First Drive-thru Location
A franchise operator is retrofitting an existing location in Texas that could serve as a potential prototype for future brand designs.
Applebee’s Is Testing its First Drive-thru Location
A franchise operator is retrofitting an existing location in Texas that could serve as a potential prototype for future brand designs.
Eight Must Reads for the CRE Industry Today (Dec. 30, 2020)
The New York Legislature passed one of the most comprehensive anti-eviction laws in U.S. this week, reports The New York Times. With the start of vaccine distribution, businesses and office building owners turn more optimistic about a real return to the office in late spring and summer of 2021, according to the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.
U.S. 20-City Home Price Index Posts Biggest Gain Since 2014
The S&P CoreLogic Case-Shiller Index climbed 7.95 percent from October of last year.
Six Must Reads for the CRE Industry Today (Dec. 29, 2020)
Supermarket chains rethink their reliance on Instacart, reports the Wall Street Journal. The Real Deal ranks the most active New York City developers of 2020. And The New York Times looks at how this year has exacerbated inequality while shielding the well-off from encountering it in everyday life. These are among today’s must reads from around the commercial real estate industry.
Pensions Swamped in a Sea of Negative Real Rates: Brian Chappatta
The 30-year U.S. real yield has been negative since mid-June after never falling below zero at any point since at least 2004.
Eight Must Reads for the CRE Industry Today (Dec. 28, 2020)
New York City has implemented a policy of grading buildings to help incentivize more efficient energy usage and most structures received D’s and F’s in initial evaluations, reports Gothamist. Forbes examines considerations for how malls will need to adapt in a changing retail climate. These are among today’s must reads from around the commercial real estate industry.
10 Must Reads for the CRE Industry Today (Dec. 23, 2020)
Commercial Property Executive looks at the real estate industry’s reaction to the new stimulus package. Investors are buying hotels and redeveloping them into rental apartments, reports the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.
U.S. Bankruptcy Tracker: Virus Sparks Worst December Since 2011
The 44 bankruptcies by companies with over $50 million since Oct. 1 make the fourth quarter the worst period since 2009.