Wall Street Journal, Apr. 10, 2018–Esther Fung (subscription)Real estate services firm Cushman & Wakefield is partnering with Real Insight Marketplace, an online auction platform, to help Sears sell 16 profitable store locations.
Category: Top National News
A Miami Real-Estate Developer Readies for Flying Cars
Wall Street Journal, Apr. 9, 2018–Candace Taylor (subscription)In anticipation of air taxis from Uber and others, the builder of a 60-story condo tower in Miami is laying the groundwork for a ‘skyport’ on the roof.
Commercial Property Outlook Remains Positive
Scotsman Guide, Apr. 5, 2018–Victor WhitmanThe commercial real estate market ended 2017 on a strong note, and the prospects for a stable 2018 remain high, according to the Mortgage Bankers Association.
As China Puts the Brakes on Overseas Investment, Los Angeles’ Development Boom Takes a Hit
Los Angeles Times, Apr. 1, 2018–Roger VincentLast year, Chinese investors interested in buying or developing property in Southern California peppered World Trade Center Los Angeles officials with questions about how best to break into the market. But questions such as those have nearly ceased as China’s feared pullback from overseas investments has been borne out.
HomeUnion Launches Crowdfunding Platform for Single-Family Rentals
HousingWire, Apr. 2, 2018–Ben LaneHomeUnion is launching a new program that will make the company itself an investor in single-family rentals, but the company isn’t using its own money.
Mall Vacancies Reach Six-Year High as Retail Slump Batters Local Economies
Wall Street Journal, Apr. 1, 2018–Peter Grant (subscription)Empty space in regional shopping malls reached a six-year high in the first quarter, adding further stress to regions being hit by a retail earthquake that is shaking up the job market across the U.S.
New York Fed Picks John Williams as President
Wall Street Journal, Apr. 3, 2018–Michael S. Derby (subscription)The Federal Reserve Bank of New York said Tuesday that John Williams, who has helmed the San Francisco Fed since 2011, will become its next leader, assuming one of the top leadership positions at the U.S. central bank.
ADP: Construction Industry Leads March Employment Surge
HousingWire, Apr. 4, 2018–Kelsey RamirezAs job gains continue in the construction industry, employment is expected to surge in March, according to the ADP and Moody’s Analytics National Employment Report.
It’s Time for Companies to Ditch Big Corporate Campuses
Venture Beat, Mar. 24, 2018–Stephane KasrielThere’s an unspoken rule virtually every startup in the last two decades seems to have followed: If you start hiring more people, lease or build bigger offices. It’s time to discard this increasingly out-of-date workplace model and find new ways of building teams empowered by new technology.
The Amazon-Whole Foods Era of Grocery Just Claimed its First Victims
Washington Post, Mar. 22, 2018–Caitlin Dewey Less than a year after Amazon bought Whole Foods, shaking food retailers to their core, the so-called “grocery wars” have racked up their first two casualties: Tops Markets and Southeastern Grocers.