The Federal Reserve is saying that it will start to taper off its purchases of $120 billion of bonds per month. Also, Fed officials were split 50-50 on an interest rate hike in 2022 according to Oxford Economics, calling the… Read More
CIRE Weekly
CRE is Due for a Non-COVID Correction
The word “recovery” comes up a lot these days, describing everything from recent job gains to resurgent lending and transaction volume in commercial real estate. But before investors get too carried away by the good news, they should pause to… Read More
Digital Retail Sales Fulfilled by Stores
Nearly a third of all digital retail transactions will be fulfilled by a physical bricks-and-mortar location, according to new research from Colliers, as more and more online orders become connected to stores. In 2020, just under 22% of digital sales… Read More
RE Industry Against Partnership Tax Changes
The Real Estate Roundtable and 22 other national real estate organizations wrote today to Senate Finance Committee Chairman Ron Wyden expressing significant concerns regarding his draft legislation to overhaul partnership tax rules. The letter was sent after congressional leaders and Treasury Secretary… Read More
The 2021 QSR Magazine Drive-Thru Study
The drive-thru proved the great restaurant separator during COVID-19. Drive-thru visits increased 26 percent in the April, May, and June quarter of 2020 and represented 42 percent of all industry traffic, according to The NPD Group. It was a remarkable… Read More
Industrial Net Lease Assets are Red Hot
In spite of rising prices, low cap rates and limited product availability, industrial sales volume has been on a steady upward trajectory throughout the pandemic. This is particularly true when it comes to industrial net lease assets, with buyers now willing to… Read More
Retailers Surpass 95% Rent Payments
The retail market is on the path to recovery, but there remains a clear bifurcation between national and non-national retailers. Overall, rent collection among national tenants has hit 95%, where rent collection among non-national tenants has not yet surpassed 90%…. Read More
House Tax Plans Lessen Pain for CRE
Recent moves in Congress and the White House seemed to close doors on tax benefits for commercial real estate. But while a new proposal from House Ways and Means Committee chair Richard Neal does mean higher taxes, it would also temper some… Read More
COVID and Property Tax Assessments
Countless companies have seen their top and bottom lines decimated by COVID-19-related shutdowns, travel restrictions and changing consumer preferences since the start of the pandemic. Yet for many taxpayers, property tax values have changed little or even increased. Many of… Read More
Leaked Draft Tax Plan to Raise $2.9T
House Democrats are poised to propose hitting large firms and the wealthiest Americans with a spate of new tax increases that would raise $2.9 trillion in tax revenue to finance a sprawling social spending plan, showed a draft proposal circulating among… Read More