CRE Journal: Your Essential Daily Commercial Real Estate Briefing: November 19, 2024
Daniel Bagdazian
Commercial Leasing & Sales Specialist @ Radius Group | Ventura County, CA.
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?? Top CRE News
Costco’s October was better than a year ago U.S. comparable sales rose 5.8% excluding impacts from gas prices and foreign exchange
Trump's AI Power Plans Could Reshape Data Center Building Boom As the data center industry navigates a power crisis, the stark change in federal energy policy expected under?President-elect Donald Trump could have a dramatic impact on the?industry's development.?
Office Loans Are The Fed’s ‘Top Concern’ As CRE Delinquencies Reach 10-Year High Commercial loan delinquencies are at their highest level in a decade and banks are adding to their credit reserves to protect against further losses, according to a new report from the Federal Reserve.
Craveworthy Brands acquires Southern California pizza chain The acquisition comes on the heels of Craveworthy’s launch of a joint venture to franchise quick-service restaurants and fast-casual concepts across the U.S.
Marriott plans corporate layoffs as part of broader restructuring Some of the jobs will be at its corporate headquarters in Bethesda, a spokesperson confirmed.
Oaktree Capital Launches $250M Commercial Real Estate Debt Partnership Based in Dallas, Formida Capital will provide direct loans help regional banks find capital for CRE deals
Walmart raises outlook on heels of another strong quarter Walmart is heading into the holidays strong after the retail giant reported better-than-expected third-quarter earnings and revenue as traffic increased to its stores and website.
Social commerce predicted to reach $1 trillion by 2028 A new study forecasts impressive growth for the social commerce marketplace.
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“You are never too old to set a new goal or to dream a new dream.” - C.S. Lewis
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Daniel Bagdazian