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The 10 Best and 10 Worst States to Retire in 2019

Some clients may turn to you for guidance on the best places to retire in the U.S., but it may not necessarily be the sunny golfing spots that typically come to mind. In fact, several states at the top of the list are in the Great…
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It’s Not Clear Whether WeWork’s Growth Is Sustainable

(Bloomberg Opinion)—I get paid to write words for a living, and I am nearly at a loss for words about WeWork Cos. The company on Wednesday released the financial paperwork for its planned initial…
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Macy’s Second Quarter Report Underscores Department Store Woes

(Bloomberg)—Macy’s Inc. plunged after a worse-than-expected second quarter underscored investor fears that the teetering department-store industry is slated for more pain ahead. The retailer,…
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The Cities with the Lowest (and Highest) Living Costs

It's not a huge revelation to point out that costs of living vary considerably depending on what part of the United States you happen to live. But it's still striking to see the magnitude of the gaps between the most and least…
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10 Must Reads for CRE Investors on August 14, 2019

Global commercial real estate prices take a dip amid U.S. and China trade tensions, according to the Wall Street Journal. Restaurants are moving away from renting space for a dining room because of delivery demand, reports…
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Yields Have Inverted on Both Sides of the Atlantic

(Bloomberg)—The stream of investors seeking refuge in the safest parts of the market has triggered yet another recession warning, with yield curves inverting from the U.S. to the U.K. The gap…
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Office Vacancy Reaches Lowest Level in 18 years in Second Quarter

The U.S office market continued to experience accelerated growth in the second quarter, with 17.1 million sq. ft. absorbed, bringing the year-to-date total to 66.5 million sq. ft. Vacancy dropped…
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WeWork Doubled its Revenue, Still Reported a Loss at Mid-Year

(Bloomberg)—WeWork Cos. disclosed its plans for an initial public offering, revealing a net loss of $690 million in the first six months of this year as it moves toward a fall listing that will…
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10 Must Read Items for CRE Investors on August 13, 2019

More than 7,800 stores are already slated to close in 2019, reports Business Insider. The World Trade Center is still losing money, according to the Wall…
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College Graduates Are Moving Back Home Instead of Renting

More than half (54 percent) of young people about to graduate from college plan to move back home to live with their parents, according to a new report from Apartment Guide. “As recently as a…