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10 Must Reads for the CRE Industry (February 15, 2019)

Fannie Mae and Freddie Mac will pay the U.S. Treasury $4.7 billion in dividends, reports Reuters. Economists have cut down GDP growth forecasts for the fourth quarter, according to CNBC. These are among today’s must reads from around the commercial real estate industry.
CRE Investors Start Putting Money Behind Defensive Strategies

As the real estate cycle gets super-long, investors start thinking about preparing for an eventual downturn.
Norwegian Air adds new Athens, Barcelona routes; fares from $159

With the new Athens and Barcelona service, Norwegian will offer nearly 60 combined nonstop routes to Europe from 17 different U.S. airports.
How to avoid falling for a dealer's 'yo-yo' financing scam when shopping for a car

If you buy a new or used car, and a few days later the dealer tells you there’s been a problem with your financing, alarm bells should go off.
Could vacant department stores be converted into open office space? It's working for Danone

The conversion of a retail space into offices is good news for retail real estate owners as major retailers, have been forced to close stores.
Long Island City Brokers Despair Over Amazon's Abrupt Reversal

New York real estate brokers are not happy about Amazon abandoning its HQ2 plan
Seaport Shrinkage: GE to Reduce Boston HQ and Reimburse State $87M

General Electric has stepped back from its plan to build a 12-story office building for its headquarters on the Boston waterfront.
10 Must Reads for the CRE Industry Today (February 14, 2019)

CNBC analyzed Google’s announced intentions of spending $13 billion on its corporate real estate strategies in 2019. Bloomberg explored why so many new apartment buildings across the country have the exact same aesthetic. And the San Francisco Chronicle reported on a proposal in the city to tax landlords for keeping storefronts empty for too long. These are among today’s must reads from around the commercial real estate industry.
JLL, Gordon Brothers Executives Talk About Their New Partnership to Help Struggling Retailers

Is this a sign of the times for the challenging retail sector?
CRE Investor Sentiment Remains Optimistic, But We Are No Longer in the “Boom” Phase, New Survey Finds

Commercial real estate investors still see opportunities in the sector, according to a Real Capital Markets survey.
U.S. Retail Sales Fall Most in Nine Years Amid Stock Plunge

U.S. retail sales fell 1.2 percent in December compared to January, a sign of slower economic momentum.
Manhattan Landlords Shrink Freebies, Raise Rents as Demand Grows

Free rent and covered brokers fees fell for new Manhattan apartment renters in January as demand strengthened.
Dating someone with a dog may be more difficult than you think

If you’re dating someone and they have a dog, well you could be in for a different set of dating standards, according to a new poll on behalf of dog walking app Wag.
10 Must Reads for the CRE Industry Today (February 13, 2019)

Bloomberg examined how other private equity players are looking to emulate the success Blackstone has experienced with its real estate investments. The Commercial Observer spoke with Related Group’s Jorge Pérez. And the WSJ profiled a burgeoning beach town in Florida. These are among today’s must reads from around the commercial real estate industry.
London Offices Lose No Matter Who Wins in the Brexit Battle

London office values have held near record highs since the Brexit vote, but could be headed for a fall.
10 Takeaways from the MBA CREF/Multifamily Housing Convention & Expo 2019, Day Two

On Tuesday, panelists tackled the subjects including Opportunity Zones and lack of diversity in the industry as well as the state of financing.
CRE Lenders Ended 2018 on a Strong Note

Fourth quarter increases over the year-ago quarter were led by the healthcare, multifamily and industrial sectors.
Norwegian Air: U.S.-Caribbean routes will not return

European low-cost giant Norwegian Air will not return to the Caribbean once its current seasonal service to Guadeloupe and Martinique comes to an end.
New York's long-awaited TWA Hotel to begin taking reservations

The property on the grounds of New York JFK Airport will begin taking reservations at noon ET on Valentine’s Day (Feb. 14) for stays beginning May 15.
REI CEO steps down following revelation of outside personal relationship

The CEO of outdoor gear retailer REI is stepping down in the wake of an inquiry into a relationship that appeared to be a conflict of interest.
CVS introduces new concept store with more health care, less retail

CVS Health is testing a new concept store format as the company plans to shift more of its floor space to health care services, classes such as yoga.
10 Must Reads for the CRE Industry Today (February 12, 2019)

The Washington Post looked at one hedge fund’s tactics in cashing out on the real estate assets of the newspapers it has acquired. The WSJ examines a new rise in legislation attempting to increase tenants rights—and how landlords are planning to fight back. These are among today’s must reads from around the commercial real estate industry.
A Look at NYCHA’s Plans to Improve Public Housing

After a judge rejected a settlement of a lawsuit, New York City came up with a bolder proposal.
13 Takeaways from the MBA CREF/Multifamily Housing Convention & Expo 2019, Day One

CMBS originations, commercial real estate debt fund activity and the fate of Fannie Mae and Freddie Mac were among subjects of discussion at MBA CREF 2019.
10 Must Reads for the CRE Industry Today (February 11, 2018)

Norway's massive sovereign wealth fund is reducing its allocation to real estate, according to CIO. LG Electronics is seeking to outsource and rationalize its real estate assets reports Pulse News. And the WSJ looks at concerns that have emerged about the replacement for LIBOR. These are among today’s must reads from around the commercial real estate industry.
10 Must Reads for the CRE Industry Today (February 11, 2019)

Norway's massive sovereign wealth fund is reducing its allocation to real estate, according to CIO. LG Electronics is seeking to outsource and rationalize its real estate assets reports Pulse News. And the WSJ looks at concerns that have emerged about the replacement for LIBOR. These are among today’s must reads from around the commercial real estate industry.
A Shortage of Labor is Squeezing Hotel Sector Profits

The shortage of workers is likely to get worse as developers continue to open new hotels.
Help with the mortgage. More married couples bring in roommates to ease cost, study shows

Married couples getting roommates is a small but seemingly enduring trend as high housing costs make owning and renting too pricey for many.
10 Must Reads for the CRE Industry Today (February 8, 2019)

The bankruptcy judge has approved Eddie Lampert’s plan to keep Sears in operations, reports the Associated Press. WeWork has made its first acquisition of 2019, according to TechCrunch. These are among today’s must reads from around the commercial real estate industry.
Family Offices Question How Workforce Automation and Co-Working May Impact CRE Investments

Kristi Kuechler, of Family Office Exchange, talks about high-net-worth investors preferences and worries at this point in the cycle.

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