Happy Friday! As the retail world's focus shifts from Halloween to "the holidays", these are the stories that caught our attention this week - enjoy!
How Manhattan Became a Rich Ghost Town by Derek Thompson on CityLab
Behind the darkened windows, there’s a deeper story about money and land, with implications for the future of cities and the rest of the United States.
Another Wrinkle Emerges in the WeWork Saga - by Erik Sherman on Fortune
But for all those that have escaped immediate peril, there are some investors that may have exposure to WeWork's declining fortunes without realizing it: buyers of the mortgage-backed bonds called commercial mortgage-backed securities, or CMBSs.
Third Quarter Sales Volume Declines, as Investors Grapple with High Pricing on National Real Estate Investor
Evidence continues to mount that real estate investors are becoming more cautious as overall investment sales volume in the third quarter fell. However, in two sectors, sales volumes rose by double digits relative to the same period in 2018. . .
As CRE Deal Volume Drops, These Sectors are Poised to Outperform by Erika Morphy on Globe St.com
. . . deals in certain sectors are getting done. Certainly the industrial and apartment asset classes remain robust and not surprisingly they contributed most to the industry’s deal value during the third quarter . . . Besides industrial and multifamily, there are other sectors poised for strong growth . . .
A High-tech Drive-thru Renaissance is the Future of Fast Food at Chains like Chipotle and McDonalds by Kate Taylor on Business Insider
"Frankly, I think this is the future of how people will want to interact with restaurant companies, because this is arguably faster than any other way possible to get your food."
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Weekend Reading for the Commercial Real Estate Industry - October 25, 2019
Weekend Reading for the Commercial Real Estate Industry - October 18, 2019
Weekend Reading for the Commercial Real Estate Industry - October 11, 2019
Weekend Reading Library (All Editions)
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