Shake Shack

Danny Meyer on How Automation Won't Hurt Shake Shack Hospitality

(Bloomberg)—Beloved burger chain Shake Shack recently announced plans to use automated kiosks in lieu of employees to take orders at its new Astor Place location. The news rather awkwardly coincided with…
money-multifamily

10 Must Reads for the CRE Industry Today (October 9, 2017)

Small upscale office developments are attracting high-end tenants, reports the Wall Street Journal. Wal-Mart is slashing the amount of time it takes to make a return to 30 seconds from five minutes, according to CNBC.…
phoenix

Investors Look for Bargains in Undervalued Markets

Property values have surged steadily higher in the prolonged recovery. But that high tide isn’t raising all boats as some metros are still falling short of 2007 pricing. The broader commercial real estate…
whole-foods

10 Must Reads for the CRE Industry Today (October 4, 2017)

The Amazon deal is working out for Whole Foods, according to the New York Post. MarketWatch looks at the 10 best cities with low apartment rents. These are among today’s must reads from around the commercial real estate industry.
money-multifamily

Prices Rise for Apartment Buildings, But Fewer Properties Sell

Investors continue to buy fewer apartment properties than they did last year. Yet prices continue to rise. “It’s another down month for volume, but prices are still increasing,” says James Costello,…
walmart

10 Must Reads for the CRE Industry Today (October 5, 2017)

Hotels, casinos and law enforcement agencies are evaluating security vulnerabilities in light of the mass shooting in Las Vegas, according to The New York Times. CNBC reports that seasonal tenants like Spirit Halloween are helping to fill…
amazon-boxes

Amazon Is Said to Test Delivery Service to Rival FedEx, UPS

(Bloomberg)—Amazon.com Inc. is experimenting with a new delivery service intended to make more products available for free two-day delivery and relieve overcrowding in its warehouses, according to two…
student-housing

HNW Investors Love Student Housing

When it comes to real estate investments, high-net-worth (HNW) individuals and family offices have been going to school: in recent years, more of them have been adding student housing to their portfolios. However,…
New York commercial real estate lenders

Why Commercial Real Estate Lending by Big Apple’s Banks Is Down

Local New York lender Signature Bank was the leading originator of commercial real estate loans in New York City in the second quarter of 2016, and its competitor, New York Community Bank, was No. 3. A…
New York commercial real estate lenders

Retail REITs Insist the Business is “Solid"

Nowadays, a mix of realism and optimism permeates the retail REIT sector, with landlords acknowledging the rocky atmosphere for brick-and-mortar retail while touting the rise of “experience” retailers…