While few are expecting a Roaring Twenty-Twenties-like return to restaurants and bars — with the modern equivalent of flappers and bathtub gin — a post-vaccine restaurant industry shows signs of being more profitable with a consumer who will be, literally,… Read More
CIRE Weekly
Potential Impact of a $15 Minimum Wage
The Congressional Budget Office on Monday released a report outlining the potential impact of raising the federal minimum wage to $15 an hour by 2025. The nonpartisan study said that more than doubling the current rate of $7.25—in place since… Read More
Expect the Net Lease Momentum to Carry Over
After the pandemic slashed net lease sales in the Spring, the market really came on in the end half of the years. BJ Feller, managing director and partner for Stan Johnson in Chicago, Ill., expects that momentum to continue in… Read More
Retail Lender Activity on the Upswing
While the impacts of COVID-19 on the retail industry have required lenders to adjust their underwriting guidelines, rates still remain at an all-time low ranging anywhere from 2% to 4%. Even as the pandemic continues to affect the global economy,… Read More
RE Investments as an Alternative to Stocks and Bonds
Dividend-paying stocks and interest-bearing bonds aren’t the only ways to generate potential investment income. Real estate has the potential to meet that objective as well. In fact, income generation is a key reason why many people diversify their investment portfolios… Read More
Operators Make Modifications to Meet Consumer Demands
Restaurant operators across segments are designing stores for the future based on consumer demand for multiple options for off-premise dining, from drive-thru to takeout. Chains and independents alike are incorporating pickup windows and adding drive-thru lanes, including lanes dedicated to… Read More
The Great Global Reset is Happening for Restaurants
KEY TAKEAWAYS: The limited-service segment continues to drive foodservice growth, accounting for half of global restaurant sales Restaurants’ labor productivity grew slower than nearly every other industry over the last 30 years Increasing labor costs is the most salient pain… Read More
Giving Convenience Stores an Edge
2020 was a defining year for convenience stores as they’ve proved their essential role throughout the pandemic. It was also a year in which c-stores recognized the need to modernize their technology stack in order to quickly pivot their offerings… Read More
CBO Sees Rapid Growth Recovery
U.S. economic growth will recover “rapidly” and the labor market will return to full strength quicker than expected thanks to the vaccine rollout and a barrage of legislation enacted in 2020, according to a government forecast published Monday. Gross domestic… Read More
CRE Sentiment is on the Upswing
Overall sentiment across the commercial real estate market is increasing as 2020 becomes a bad memory, with confidence sharply rebounding from historic lows recorded in the middle part of last year. The latest RCLCO Current Real Estate Market Sentiment Index… Read More