(Bloomberg)—Abercrombie & Fitch Co. plunged as much as 24%, the most in almost two decades, after reporting quarterly sales
Same-store sales rose by just 1 percent in the first quarter, below the 1.4 percent analyst estimate.
Mortgage REITs increased their mortgage bond portfolios by almost 28 percent over the past year, according to the Wall Street Journal. Amazon is looking at office space on Manhattan’s West Side, reports the New York Post. These are among today’s must reads from
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Home price growth continued to decelerate in March in 20 U.S. cities.
(Bloomberg)—Home-price gains in 20 U.S. cities decelerated in March for a 12th straight month, suggesting sellers have yet to fully adjust to buyers’ demands for affordable properties.
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With asset pricing at its peak and lower rent growth projections, many fund managers are projecting lower returns.
Private equity real estate funds have been enjoying robust fundraising in recent years
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While people in their 20s and early 30s continue to opt for renting vs. owning, they are often forced to live with roommates or with mom and dad.
Many younger millennials continue to opt for renting vs. owning, but they aren’t filling as many apartment units
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The athletic-shoe retailer’s shares fell as much as 19 percent in New York trading, the most since August 2017, and is now at its lowest level in a year.
(Bloomberg) - Foot Locker Inc. fell the most in nearly two years after it
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The Freddie Mac-backed loan was issued by Berkadia.
(Bloomberg)—Kushner Cos., the real estate firm owned by the family of President Donald Trump’s son-in-law Jared Kushner, has received about $800 million in federally backed debt to buy apartments
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NETLease Corporate Real Estate ETF tracks an index that comprises 24 publicly-traded REITs.
In 2018, net lease REITs stood tall
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Getty Images The Wall Street Journal looks at a string of vendors who will open a pop-up style residency at Chelsea Market. The rise in demand for food delivery lifts DoorDash’s valuation to around $12.6 billion, reports Forbes. These
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Ponte Health is developing projects that incorporate seniors housing with medical and research facilities in dense urban settings.
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