Amazon to Expand its Austin Offices

(Bloomberg)—Amazon.com Inc. says it will hire an additional 800 engineers in Austin, Texas, the company’s first major U.S. office expansion since backing out of a corporate campus in New York. In…
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Chain Retailers Look at Health and Wellness to Drive Customers

Who would have thought just a few years ago that shoppers could walk into a DSW store and not only buy a new pair of sandals or heels, but also get pedicure or manicure? Or that consumers could…
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Banks Step Back on Financing WeWork-Leased Buildings

(Bloomberg)—The owner of a London office building negotiated a lease with a company that wanted all eight floors. To his surprise, his bankers at ING Groep NV shot it down. ING balked because…

Chipotle, Panera Turn to Drive-Thrus as Fast-Food Stigma Fades

(Bloomberg) -- Fast-casual chains like Chipotle Mexican Grill Inc. and Panera Bread are tapping the fast-food playbook as they grapple for growth with old-school stalwarts like McDonald’s Corp.…
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Banks Step Back on Financing WeWork-Leased Buildings

(Bloomberg)—The owner of a London office building negotiated a lease with a company that wanted all eight floors. To his surprise, his bankers at ING Groep NV shot it down. ING balked because…
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NY, NJ and Pennsylvania Are Seeing the Biggest Share of New Apartments

(Bloomberg Opinion)—Over the past few years, the U.S. has seen its biggest wave of apartment construction since the 1980s. Nationwide, this hasn’t been nearly enough to displace the single-family…
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10 Must Reads Items for CRE Investors on March 29, 2019

Federal government charges Facebook with housing discrimination for allegedly allowing landlords and real estate brokers to shield who can see certain housing ads, reports NPR. Banks begin to be cautious financing WeWork-leased…
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Cheaper Hotel Concepts Are Entering NYC

(Bloomberg)—In oh-so-pricey New York, a one-night stay at a Courtyard by Marriott can cost north of $1,000 during peak periods such as New Year’s Eve. If you’re seeking some semblance of smart…
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Workforce Housing Continues to Be a Strong Investment Opportunity

Strong demand for workforce housing should continue in 2019, boosting investment in the sector, according to industry experts. As the unemployment rate keeps falling, new households form, boosting…
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Cheaper Hotel Concepts Are Entering NYC

(Bloomberg)—In oh-so-pricey New York, a one-night stay at a Courtyard by Marriott can cost north of $1,000 during peak periods such as New Year’s Eve. If you’re seeking some semblance of smart…