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As Minimum Wages Rise, Hotels, Industrial, Retail Are Feeling The Pressure
Cities, counties and states across the U. S. are increasing their minimum wage as advocates push for a $15/hour nationwide baseline, and the rising...
Aiming At WeWork, Knotel Says It Will Double S.F. Footprint
After notching a $1B valuation earlier this week, Knotel told Bisnow it now plans on doubling its San Francisco footprint over the next four months...
$500M Cost Overrun At Las Vegas Sphere Could Bring Stadium Development Cost To $1.7B
The Las Vegas Sphere, an 18,000-seat arena under development with a distinctive globe design, might cost as much as $500M more than an estimate by...
MGM Resorts Ramps Up Its Game In Boutique Hotels With Sydell Group Acquisition
MGM Resorts International has expanded into the boutique hotel business with the acquisition of a 50% stake in New York City-based Sydell Group,...
Hurricanes Are Only Getting Harder For Commercial Real Estate Owners To Deal With
How many hurricanes does it take for a beachfront property to lose its allure? The commercial real estate industry is more conscious than ever of...
Knotel Cracks $1B Valuation With New Funding Round
It may not be WeWork's $47B, but Knotel has just reached unicorn status. Knotel announced the closure of a $400M funding round that brings its...
Walmart Sues Tesla Over Solar Panels That Burst Into Flames Atop Its Stores
Walmart is taking automotive and energy company Tesla to court, alleging that Tesla's negligence caused a string of serious rooftop fires at...
Developers, Investors Prepare To Swoop In On Future Cash Cows During Downturn
Just because signs are pointing to a downturn doesn't mean every commercial real estate firm is anticipating dire consequences. Many have been...
In The Competitive Sun Belt, Multifamily Deals Require Fast, Flexible Financing
From Florida to Texas to Phoenix, the nation's largest REITs and private equity groups are scouring the Sun Belt for the best assets. With so much...
10 Big-Deal Real Estate IPOs
Initial public offerings are like children. Parents always hope for the best in the beginning, but there is no way to know exactly how they are...
Retailers Facing New Tariffs May Risk Even Thinner Margins To Avoid Raising Prices
President Donald Trump's trade war with China will soon put even more pressure on retailers operating with razor-thin margins. The latest round of...
Rapidly Expanding Startup Aims To Be The Airbnb Of Self-Storage
The business model of Utah startup Neighbor is easy to understand: be the Airbnb of the self-storage industry by matching people with extra space...
16 Questions With Boxer Property CEO Andrew Segal
This series profiles men and women in commercial real estate who have profoundly transformed our neighborhoods and reshaped our cities, businesses...
Harrison Street Closes $1.6B Fund To Invest In Senior Living, Healthcare Real Estate
Harrison Street seems to have no shortage of interest from investors for its private equity funds. The Chicago-based firm has closed its seventh...
Pizza Giants Take Radically Different Tacks When It Comes To Online Delivery
For pizza makers, order delivery used to be simple. Customers would call the pizza joint, then wait for a delivery person to show up. Now online...
Macy's Enlists Google Cloud To Revamp Distribution System
Macy's is partnering with one of the giants of the digital world to bring its flagging business out of the past. The department store chain has...
President Trump Mulls Big Real Estate Deal, Buying Greenland. Denmark Isn't Interested In Selling
President Donald Trump has reportedly expressed interest - in varying degrees of seriousness - about making a whopper of a real estate deal: the...
As Market Wobbles, Rivals Take Aim At 'Magic Money' WeWork
After WeWork detailed the most complete picture to date of its corporate finances last week, the leaders of some of its main competitors wanted to...
FHA Lowering Requirements To Get More People To Buy A Condo
The Federal Housing Administration, which is part of the U. S. Department of Housing and Urban Development, has updated rules governing FHA...
Cities Push Back Against Dollar Stores In Food Deserts
Is the growth of bargain stores harmful to communities? For dollar stores, there has been no retail apocalypse: The concept has been growing by...
Here’s Everything You Need To Know From WeWork’s Landmark IPO Prospectus
One of the most highly anticipated corporate filings dropped this morning when The We Company made public its prospectus before its initial public...
Lots Of Opportunity Ahead, Or A Bubble For The Next Recession To Pop?
Coworking: At the cusp of WeWork's initial public offering, investors now have to decide whether the coworking industry has a long growth runway...
As WeWork Reveals IPO, CRE Listens For Alarm Bells
The health of the nation's commercial real estate market could be closely tied to how well coworking company WeWork fares on the public market,...
Industrial’s Q2 Cool-Off Seen As Sign Of Sector Stabilization, Not Downturn
An uptick in vacancies and several quarters of negative absorption isn't enough to concern investors that industrial, one of real estate's hottest...
Anbang Finds Potential Korean Buyer For $5.5B Hotel Portfolio
A frontrunner has emerged in the race to buy Anbang Insurance Group's multibillion-dollar portfolio of luxury hotels. South Korea-based Mirae Asset...
16 Questions With Skanska Executive Vice President Russell DeMartino
This series profiles men and women in commercial real estate who have profoundly transformed our neighborhoods and reshaped our cities, businesses...
Millennials Care Most About Green Features In Their Apartments — And Are Somewhat Willing To Pay More For Them
Millennials Care Most About Green Features In Their Apartments - And Are Somewhat Willing To Pay More For Them Among U. S. demographic groups,...
WeWork IPO Prospectus Could Be Released Any Time Now
WeWork is about to take a major step toward its long-awaited initial public offering, whose goal will be to raise $3.5B to facilitate further...
Foot Locker Begins Aggressive Rollout Of Experiential Stores
Foot Locker is rolling out larger, more experiential stores in collaboration with sports apparel giant Nike. The locations, known as Foot Locker...
Related's Equinox, SoulCycle Face Backlash From Stephen Ross' Trump Fundraiser
President Donald Trump's politics are causing more headaches for his real estate friends. Stephen Ross is the man most responsible for the $25B...