Local News

News 2 days ago
Liberty Property Trust Announces Tax Treatment of 2019 Distributions
Source West

WAYNE, Pa., Jan. 16, 2020 (GLOBE NEWSWIRE) -- Liberty Property Trust (NYSE:LPT) announced today the final tax treatment for the 2019 distributions...

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News 2 days ago
Scottie Resources Closes $2,000,000 Investment By Strategic Investor Eric Sprott
Source West

VANCOUVER, British Columbia, Jan. 16, 2020 (GLOBE NEWSWIRE) -- Scottie Resources Corp. ("Scottie" or the "Company") (TSXV: SCOT) is pleased to...

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Retail sales post December gains to wrap up 2020, according to Commerce and NRF
Blog 2 days ago
Retail sales post December gains to wrap up 2020, according to Commerce and NRF

December retail sales numbers were mixed to finish 2020, according to data issued today by the United States Department of Commerce and the...

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Despite Missed Sales Projections, Discount Retailer Five Below Will Open 180 New Stores This Year
News 2 days ago
Despite Missed Sales Projections, Discount Retailer Five Below Will Open 180 New Stores This Year

Five Below is going full speed ahead with its expansion plans, despite lackluster sales over the holidays. The Philadelphia-based retailer, which...

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Automotive Sales Manager at Mid Rivers Chrysler Jeep Dodge Ram
News 2 days ago
Automotive Sales Manager at Mid Rivers Chrysler Jeep Dodge Ram

Automotive Sales Manager at Mid Rivers Chrysler Jeep Dodge Ram - Napleton Automotive Group owns and operates 55+ retail automotive dealerships in...

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The Internet Ate Its Lunch
News 2 days ago
The Internet Ate Its Lunch

High-end electronics retailer Bose Corp. is planning to close all of its retail locations in North America, Europe, Japan and Australia, a total of...

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Treasury Department Opens Probe Into Opportunity Zones
News 2 days ago
Treasury Department Opens Probe Into Opportunity Zones

The U. S. Department of the Treasury has opened an investigation into the federal government's opportunity zone program, the agency said late...

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Starbucks Expands Presence In Low-Income Communities
News 2 days ago
Starbucks Expands Presence In Low-Income Communities

(AP) — Starbucks is expanding a program that tries to help low-income communities by opening coffee shops and hiring local workers. The Seattle...

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Mortgage Rates Hold Steady at 3.65%
Blog 2 days ago
Mortgage Rates Hold Steady at 3.65%
Source Urban Turf

On Thursday, Freddie Mac reported 3.65 percent with an average 0.7 point as the average for a 30-year mortgage, a very slight uptick from last week...

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Even as Supply Drops, Net Lease Deals Are Closing
News 2 days ago
Even as Supply Drops, Net Lease Deals Are Closing

NEW YORK CITY-Cap rates in the single-tenant net lease sector reached historic lows across all three main sub-sectors including retail, office and...

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Long-Term Mortgage Rates Edge Up a Bit – 30-Year at 3.65%
Blog 2 days ago
Long-Term Mortgage Rates Edge Up a Bit – 30-Year at 3.65%

The slight increase from last week's 3.64% keeps rates solidly in the "good time to apply for a home loan" category. One year ago, the average FRM...

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Golf Concept Capitalizes on Eatertainment Craze
News 2 days ago
Golf Concept Capitalizes on Eatertainment Craze

GRAPEVINE, TX-The original operator of the building at 2505 E. Grapevine Mills Circle was the Trail Dust followed by Love & War in Texas of...

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Reviewing Healthcare REIT Performance Over Past & Future Decades
News 2 days ago
Reviewing Healthcare REIT Performance Over Past & Future Decades

Healthcare REITs entered the 2010s as the single-best performing real estate sector of the prior decade, driven by a “continuous wave of accretive...

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Newmark Group's Fourth Quarter 2019 Financial Results Announcement To Be Issued Prior To Market Open On Thursday, February 13, 2020
News 3 days ago
Newmark Group's Fourth Quarter 2019 Financial Results Announcement To Be Issued Prior To Market Open On Thursday, February 13, 2020

NEW YORK, Jan. 15, 2020 /PRNewswire/ -- Newmark Group, Inc. (NASDAQ: NMRK) ("Newmark", or the "Company"), which operates a leading full-service...

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2020 Real Estate Newsmakers: The Crusaders and the Influencers
News 3 days ago
2020 Real Estate Newsmakers: The Crusaders and the Influencers

Accomplishments in business. Charitable contributions. Daring leadership. Out-of-the-box thinking. Over the course of the past year, RISMedia’s...

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Harbor Group’s 13K-unit apartment purchase is one of largest ever
News 3 days ago
Harbor Group’s 13K-unit apartment purchase is one of largest ever

Harbor Group’s 13K-unit apartment purchase is one of largest ever

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International Outlook
Blog 3 days ago
International Outlook

Editor’s note: the below blog was written by Neal Gemassmer, vice president of international for Yardi. The festive period was an invitation to...

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Reverse Logistics Are a Growing Challenge for Retailers. But Here’s How They Benefit Industrial Property Owners
News 3 days ago
Reverse Logistics Are a Growing Challenge for Retailers. But Here’s How They Benefit Industrial Property Owners

With online retail sales rising by 10 percent annually, the volume of returns is also growing. According to research from market data firm Statista...

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Dubai Apartments and Townhouses Saw Double-Digit Price Declines in 2019
News 3 days ago
Dubai Apartments and Townhouses Saw Double-Digit Price Declines in 2019

Prices for both apartments and townhouses in Dubai saw double-digit declines last year, according to a 2019 United Arab Emirates Property Market...

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Which Troubled Retailers Might Run Out of Time in 2020?
News 3 days ago
Which Troubled Retailers Might Run Out of Time in 2020?

U. S. store closures in 2019 set an all-time record with roughly 9,300 closings, reported global marketing research firm Coresight Group. That...

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Housing shortages lead to declining job growth – see how Boston ranked
Blog 3 days ago
Housing shortages lead to declining job growth – see how Boston ranked

Metro areas where housing affordability has declined in recent years have also experienced a reduction in job growth, according to a new report...

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Application activity gains with purchases at a 10-year high
News 3 days ago
Application activity gains with purchases at a 10-year high

Mortgage application activity increased 30.2% from one week earlier as purchases were at their highest level in over a decade along with...

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Target was strong where it needed strength, and that bodes well for the rest of the year
News 3 days ago
Target was strong where it needed strength, and that bodes well for the rest of the year

Target delivered a bit of a shock to Wall Street on Wednesday morning. The retailer has over the past year been considered a darling of its...

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Retail Turmoil Hits Times Square with Tenants Looking for Exit
News 3 days ago
Retail Turmoil Hits Times Square with Tenants Looking for Exit
Source NREI - Retail

Asking rents in the area have slipped and some of its largest merchants have closed stores in recent years. (Bloomberg)—Struggling retailers are...

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Dying malls? This one has found a way to thrive
News 3 days ago
Dying malls? This one has found a way to thrive

In emphasizing low-tech entertainment over cutting-edge gadgetry, this Florida shopping center is betting that brick-and-mortar retailers can beat...

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Waning Affordability Contributes to Slower Job Growth
News 3 days ago
Waning Affordability Contributes to Slower Job Growth

WASHINGTON, Jan. 15, 2020 /PRNewswire/ -- Metro areas where affordability has worsened over the last five years have seen a decline in job growth...

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Caesars, VICI Sell Reno Hotel for $50M
News 3 days ago
Caesars, VICI Sell Reno Hotel for $50M
Source CP Executive

Caesars Entertainment Corp. and VICI Properties have sold Harrah's Reno Hotel and Casino to an affiliate of CAI Investments for $50 million....

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Electronics Stores Join Brick-and-Mortar Exodus
News 3 days ago
Electronics Stores Join Brick-and-Mortar Exodus
Source CP Executive

The rise of online shopping continues to disrupt the retail industry, prompting a lengthening list of department stores and apparel brands to...

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What Keeps Multifamily Investors Up at Night
News 3 days ago
What Keeps Multifamily Investors Up at Night

NEW YORK-Berkadia surveys its mortgage banking and investment sales experts every year to see what issues are at the top of their minds. It also...

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NorthMarq Arranges $185M Loan for Northrop Grumman Innovation Systems Campus in Arizona
News 3 days ago
NorthMarq Arranges $185M Loan for Northrop Grumman Innovation Systems Campus in Arizona

Located in Chandler, Ariz., the Northrop Grumman Innovation Systems campus features a 352,545-square-foot office building and a 269,852-square-foot...

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Local Events

Event 05/17/2020
ICSC RECon 2020

RECon is the world’s largest global gathering of retail real estate professionals. Join leading developers, owners, brokers and retailers to...

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