Commercial Real Estate & Business News – May 12, 2022

Suburban Retail Has Been Outperforming Urban Properties. Will This Trend Continue?

For a little over two years now—since the start of the pandemic—suburban retail has outperformed urban retail. However, urban retail has started to recover, and industry experts are debating whether…»

Big Defeat for Kohl’s Activist Investor

Kohl’s has successfully fought off activist investor Macellum Capital Management’s bid to take control of the department store retailer’s board. Kohl’s shareholders voted to re-elect all 13 of the company’s incumbent board nominees. The company announced…»

Kennedy Wilson Buys Portfolio for $418M



Kennedy Wilson has acquired a portfolio of multifamily properties totaling 1,110 apartments, from DiNapoli Capital Partners for $418 million. The company has invested $255 million in total equity in…»

As Metro Phoenix Home Prices Rise, So does The Number Forced to Rent


Rents in Maricopa County had been steadily climbing even before the start of the pandemic in March 2020. With Metro Phoenix home prices now soaring to record levels, more people are being forced to…»

Soaring Inflation Slowed in April. Will Price-Weary Shoppers Get a Bit of Relief?

Inflation stayed elevated in April but eased off its 40-year high, signaling that a stomach-churning surge in consumer prices since last summer may have peaked. The consumer price index increased…»