Commercial Real Estate & Business News June 14, 2019
The Future Grocery Store, Opening Soon Near You The future grocery store is coming sooner than many realize, according to a new CBRE report. What will this store look like? CBRE tells of a fully automated checkout process, a greater emphasis on prepared meals, a proliferation of smaller, convenience-store grocery outlets, and more collaboration between grocers […]
Commercial Real Estate & Business News June 13, 2019
Lenders Are Fiercely Competitive on Financing Deals Lender appetite for multifamily deals has not waned. In fact, lenders remain fiercely competitive on multifamily product, and that includes construction financing opportunities, particularly for experienced developers and sponsors. Consumer demand is fueling the market activity along with new loan products, like green financing, for…» This West Coast City […]
Commercial Real Estate & Business News June 12, 2019
Co-Living and Student Housing Collide, as People Struggle to Afford Rent in Expensive Urban Markets Co-living, one of the hottest trends in apartment investment, has a lot in common with student housing. “Co-living is actually student housing for grown-ups,” says J.J. Smith, president of Chicago-based CA Student Living, one of the largest developers of student housing […]
Commercial Real Estate & Business News June 11, 2019
Aldi Moves into Walmart’s Backyard Less than a mile from Walmart’s massive headquarters in Bentonville, Arkansas, a new neighbor has settled in: German discount grocery store Aldi.Aldi opened a store in Bentonville in October. It’s part of Aldi’s $5 billion plan to expand to 2,500 stores in America by the end of 2022, up from around […]
Commercial Real Estate & Business News June 10, 2019
Barnes & Noble Acquired for $638 Million The nation’s largest retail bookseller has been acquired by a British hedge fund.Barnes & Noble has agreed to be acquired by Elliott Advisors UK Ltd. in an all-cash deal valued at about $683 million, including the assumption of debt. The deal follows Elliott’s June 2018 acquisition of Waterstones, the […]
Commercial Real Estate & Business News June 6, 2019
Renting Gains Momentum As Analysts Seek Signs of a US Home Price Peak A U.S. housing market that some analysts say could be closing in on a pricing peak may keep more renters from becoming homeowners, bolstering demand in the already-booming rental property and apartment sectors in the next three to five years. The latest results […]