CRE Journal: Your Essential Daily Commercial Real Estate Briefing: September 13, 2024

CRE Journal: Your Essential Daily Commercial Real Estate Briefing: September 13, 2024

Here's your 5 min daily newsletter on what matters in commercial real estate.


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?? Top News

Aldi to hire 13K workers as it grows its U.S. footprint The discount grocer plans to convert 50 Winn-Dixie and Harveys Supermarkets by the end of the year

Country club dues surged after the pandemic. A new trend is taking hold Country club dues and initiation fees skyrocketed in the aftermath of the pandemic, but a shift is starting to take hold.

Ripco Hires Michael Winter to Bolster Capital Markets Platform Ripco Real Estate has further extended its push into the debt capital markets space with the addition of commercial real estate and banking veteran Michael Winter as a managing director and partner in its debt and structured finance team, Commercial Observer has learned.

JLL Capital Markets brokers $18.75 million sale of medtail property in Vernon Hills JLL Capital Markets completed the $18.75 million sale of Hawthorne Commons, a 48,942-square-foot, Class A mixed-use/medtail property anchored by Northwestern Medicine in Vernon Hills, Illinois.

Dallas investors raise millions to open franchised locations of healthy restaurant chain The funds will help open dozens more franchised locations of Everbowl, a restaurant chain that sells superfood bowls, smoothies and other healthy options.

Amazon to invest $2.1 billion in contract driver program Amazon is offering funding for a variety of incentives, services and perks for members of its Delivery Service Partners (DSP) program.

Mid-Year 2024 Review of the NYC Office Market includes information on rental rates and trends “Issues that have plagued the New York office market since the onset of the pandemic, such as record levels of office availability and limited tenant demand, persist at the start of 24Q2.” Costar 7/01/24


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?? Market News

Consumer sentiment climbs to 5-month high as inflation eases. But Americans still pessimistic.

American Airlines flight attendants will now get paid for boarding time

Trump plans to launch his sons’ crypto business on Monday, as Election Day looms

The market is acting like Harris won the debate against Trump

3 Overlooked Stocks With Strong Value and Dividend Potential



?? Industry Insights

Why Interest Rate Cuts May Not Be A Cure-All For What Ails CRE Lending

Office CRE Digging in for the Long-Haul

Study: The Greater the Transparency, the Higher the Gains


?? Meme Of The Day



??? Upcoming Events

Commercial Real Estate Events Calendar

CA Rent Control Update

SIOR'S FALL 2024 EVENT

RETAIL FORWARD Powered by ICSC

ICSC@WESTERN - September 23-25, 2024 Palm Springs Convention Center

Upcoming Events Calendar

Real Estate Conferences 2024: Key Events For Industry Professionals


?? Quote of the Day

"Buy real estate in areas where the path exists…and buy more real estate where there is no path, but you can create your own." - David Waronker


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