Real Estate Journal: Your Essential Daily Commercial Real Estate Briefing: August 26, 2024

Real Estate Journal: Your Essential Daily Commercial Real Estate Briefing: August 26, 2024

Good Morning!

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


?? Top News

Chain Store Age

Batteries Plus offering “unprecedented” incentives for new franchisees Batteries Plus is offering an array of new incentives for first-time franchisees as it looks to drive multi-unit expansion.

Orion Office REIT Keeps Selling Vacant Offices to Cut Costs Orion Office REIT Inc., which was formed just three years ago, continues to sell off its vacant properties and those that soon will become vacant

Billionaire's Dream City Derailed Plans for a utopia in Solano County, California, were temporarily scuttled after community advocates pushed back against the project.

Tishman Speyer JV Marks Harvard Project Milestone The buildings are part of the university's research campus in Boston

City Winery Closes Grand Central Location Early, Making Way for Grand Brasserie City Winery has squashed its last grape at the space it licensed in Grand Central Terminal, quietly closing its doors to make way for a 400-seat brasserie.

Politicians Look To Give Renters A Leg Up With Credit Reporting. But Critics Say Move Is A ‘Trojan Horse’ A growing movement to count rent payments toward credit scores could help millions of renters become homeowners and build generational wealth.?

Goldman Sachs Real Estate Head: U.S. Markets ‘Now Bottoming Out’ The goal of Goldman Sachs Asset Management?over the last few years has been offloading as many real estate assets?from its balance sheet as possible, but now it is diving back into the equity markets — this time using its real estate funds.?

Office Users Moving Back to Expansion After Post-Pandemic Contraction More office-using companies are shifting their portfolio strategy to expansion after a heavy focus on contraction since the pandemic


?? Market News

Low-income consumers are still struggling. Now the cracks are starting to show for higher-income ones

Dow, S&P 500 edge up as rate-cut bets firm; energy stocks rise

Inside the desperate campaign to get Gen Z to become accountants

Nvidia Q2 sales likely to double, even a slight miss may hurt shares


?? Industry Insights

Commercial Real Estate Deal Flow Shows Signs of Revival

Will Fed rate cuts revive the US CRE market?

Market Sell-Offs Don’t Automatically Mean Downturns

Mid-Year Retail Performance Review

Is the CRE Market Ready to Turn?


?? Meme Of The Day


??? Upcoming Events

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

Connect Orange County 2024

LOS ANGELES ARCHITECTURE & DESIGN SUMMIT


?? Quote of the Day

“The pessimist sees difficulty in every opportunity. The optimist sees opportunity in every difficulty.” ― Winston Churchill


?? Stay Connected

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Keith Goforth

Nationally Recognized Finance Authority ? Capital solutions for real estate investors & small to mid-size business owners | FinLend.io

3 个月

Thank you for sharing this informative newsletter on commercial real estate. It's great to see the industry constantly evolving and adapting to new challenges. One trend that I've noticed is the increasing importance of sustainability in commercial real estate development. From green building certifications to energy-efficient designs, it's clear that sustainability is no longer just a buzzword, but a key factor in the success of a property. I look forward to seeing how this trend continues to shape the industry in the future.

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