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Fed Chair Jerome Powell says central bank faces limitations in countering the impact of the administration’s trade wars, reports The New York Times. Mini-stores are working out for Target, according to CNBC. These
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Snap changed social media--and Venice, Calif.--for good. What's next?

Snap changed social media — and Venice, Calif. — for good.

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Same-store sales fell 4 percent in the second quarter.

(Bloomberg)—Gap Inc. reported another quarter of declining sales at its namesake brand and Old Navy, rattling investors who are still waiting

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The U.S. Tennis Association did not report $31 million in revenue from the Billie Jean King National Tennis Center.
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A survey of Americans aged 45 and older by Property Shark found the majority want to stay in their homes in the future.
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The Trump administration plans to release its Fannie/Freddie plan next month, reports MarketWatch. The AIA’s billing index is showing signs of weakness, according to CNBC. These are among today’s must reads from around the
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Barney’s claims to have a clear vision of what it wants to look like post-restructuring.

(Bloomberg)—Barneys New York Inc., the upscale clothing retailer that filed for bankruptcy earlier this month, says it has

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Yet another WeWork rival Industrious raised $80 million, from Brookfield Properties and CPPIB.

(Bloomberg)—Another challenger to WeWork is drawing cash from a slate of institutional investors as the office-sharing juggernaut faces the prospect

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The firm’s senior vice president provides commentary on July’s CPPI, the inverting yield and whether he thinks industrial properties are over-valued.

Research firm

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Wider gap between bond rates and cap rates might encourage greater levels of real estate investment.

The yield curve inversion can help borrowers in the

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  1. 10 Must Reads for the CRE Industry Today (August 21, 2019)
  2. Should Landlords Worry About Drugstore Closures?
  3. Overall REIT Executive Compensation Increased in 2018, But Many CEOs Saw a Pay Cut
  4. Knotel, Which Says It’s a Steadier WeWork, Vaults to Unicorn Status
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