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News and analysis about commercial real estate finance, investment, development and leasing.
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July 12, 2017

Top Story

12 Takeaways from the Pacific Coast Builders Conference 2017

By Patricia Kirk, Contributing Writer

Here are some takeaways from the event, which focused on the multifamily and housing sectors.

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Commentary

The Amazon-Whole Foods Deal and its Impact on Owners and Lenders

By Ely Razin, Contributing Columnist

When CrediFi mapped the locations of Amazon and Whole Foods properties, along with Amazon Prime Now locations, we found a lot of overlap, especially on the East and West coasts, in Texas and parts of the Midwest and South from Chicago eastward. It’s possible Amazon may decide it doesn’t need quite so many brick-and-mortar sites and could ultimately shut down some stores.

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NREI Wire

WeWork Competitor Knotel Plans to Triple NYC Space by Year's End

Bloomberg

The expansion comes amid growing demand for Knotel’s niche in the shared-office market: companies that have 50 to 200 employees.

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Albertsons Is Said to Stall Renewed IPO Plans Amid Amazon Deal

Bloomberg

For now, a near-term revival of Albertsons’ scuttled listing attempt is off the table.

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LaSalle CEO Says Lodging Sector a "Seller's Market"

REIT.com

Michael Barnello, president and CEO of LaSalle Hotel Properties, joined REIT.com for a video interview at REITWeek 2017: NAREIT’s Investor Forum at the New York Hilton Midtown. Following a series of deals to sell hotels from its portfolio, LaSalle doesn’t have any immediate plans to acquire more assets, according to Barnello.

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Must Reads

10 Must Reads for the CRE Industry Today

NREI Staff

Janet Yellen promises a few gradual interest rate increases, according to Fortune. The Wall Street Journal looks at the slowdown in the self-storage sector. These are among today’s must reads from around the commercial real estate industry.

FULL ARTICLE