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09/25/20
Costco appears to have avoided the COVID-19 impact as sales jumped over 10 percent, reports Business Insider. The New York Times looks at how restaurants and outdoor dining can survive the winter. These are among today’s must reads from around the commercial real estate industry.
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09/25/20
Deutsche Bank is joining lenders such as Mizuho Financial Group Inc. and Fifth Third Bancorp in cutting office costs.
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09/25/20
PS5 pre-orders have gone live at multiple retailers in the US and UK, with more expected later today.
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09/25/20
Two different electric, cordless saws sold at Lowe's are being recalled because they pose a "laceration hazard."
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09/24/20
The lending market “is not cautiously pessimistic, it’s not cautiously optimistic. It’s just in a quiet place where it doesn’t know which direction to go,” says one source.
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09/24/20
Retailers have started paying rent again, but negotiations between tenants and landlords continue, reports CNBC. San Francisco Chronicle looks at how things might be different when California votes on rent control this fall. These are among today’s must reads from around the commercial real estate industry.
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09/24/20
The pandemic is putting pressure on many families, including those with grown kids. One in five has had their adult child move back home with them.
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09/24/20
More out-of-work Americans sought jobless aid for the first time as the economy slowly rebounds amid continued flare ups of the coronavirus
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09/24/20
The CEO of the publicly-traded industrial REIT discusses the outlook for industrial facilities, Duke’s balance sheet and dealing with natural disasters.
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09/24/20
“We are home working alongside our kids, in unsuitable spaces, with no choice and no in-office days,” Stanford economist Nicholas Bloom said in March.
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09/24/20
Is your Justice store closing? The tween retailer is shuttering 23 more U.S. stores as part of Ascena Retail Group's bankruptcy. Here's the new list.
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09/24/20
With commercial vacancies rising and rents falling, there is a question of whether the banks have set aside enough money for CRE losses.
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09/24/20
Starbucks seemingly kicked off the trend but brands are going bigger and bolder with pumpkin spice offerings and releasing them earlier in the year.
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09/23/20
The National Multifamily Housing Council found 90.1 percent of apartment households made a full or partial rent payment by September 20. Netflix signs the largest lease in Los Angeles County in 2020, reports Commercial Observer. These are among today’s must reads from around the commercial real estate industry.
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09/23/20
Gina Goetter will become Harley-Davidson's chief financial officer starting Sept. 30. She is the first woman to be hired as CFO at the company.
