CBS News, Dec. 11, 2023-Kate GibsonMacy’s has received a $5.8 billion offer from an investment group to take the iconic department store chain private, a deal that could have more …
Category: Top National News
Renters Are Starting to Get Concessions From Landlords Again
The Wall Street Journal, Dec. 10, 2023, Will ParkerWhen Tressy Coats looked to rent a somewhat worn-out, three-bedroom house in Virginia Beach, Va., two years ago, the market was so …
The Biggest Winners and Losers From the Work-From-Home Revolution
The Wall Street Journal, Dec. 11, 2023-Nicholas BloomThe fivefold increase in working from home ushered in by the pandemic is perhaps the largest change to hit U.S. labor markets since …
Barreling Down the Hotel Financing Runway—How Much Room is There?
Hotels magazine, December 8, 2023The hotel industry operated in a low-interest-rate environment for a decade and a half: markets were stable; debt was relatively cheap. Today, it’s a different environment: …
The American Store Is Shrinking
The Wall Street Journal, Dec. 12, 2023-Kate KingThe average store size in the U.S. is the smallest it’s been in at least 17 years, reflecting profound changes in the way …
Real-Estate Developers Chase Outer Space Business in Florida
The Wall Street Journal, Dec. 5, 2023-Konrad PutzierHines is developing a sprawling industrial park near Florida’s Cape Canaveral, aiming to cash in on the booming aerospace industry.Click here for more (subscription)
White House Acts to Boost Housing
Banker & Tradesman, Dec. 3, 2023–Lew SichelmanThe Biden administration is taking steps to help create more affordable houses and apartments, which could help fill the inventory gap that plagues the …
How Restaurant Companies Are Navigating a Messy Real Estate Market
Nation’s Restaurant News, Nov. 30, 2023-Alicia KelsoThe restaurant real estate market has been a bit messy as of late, to say the least. Demand is high. Inventory – especially for …
With Offices Sitting Empty, Landlords Are ‘Handing Back the Keys’
The New York Times, Dec. 1, 2023-Peter EavisOffice landlords, hit hard by the work-from-home revolution, are resorting to a desperate measure in the real estate world: “handing back the keys.”Click …
Should You Buy or Rent? The New Math.
The Daily (New York Times podcast). Dec. 1, 2023–Michael BarbarroFor many millennials, buying a home has become almost entirely out of reach. Average 30-year mortgage rates are — the highest …