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October 26, 2021

Supply Chain Woes Have Pushed Holiday Shopping Earlier And Back Into Stores

Urban Partnerships Community Development Corp. President Patrick Ezzell talks meaningful developments like East End Maker Hub Nov. 3

By now, the sad state of the global supply chain is common enough knowledge for the holiday season to have already begun for many shoppers. Based on that early start, brick-and-mortar stores are poised for what passes for a holiday miracle these days.

Supply Chain Woes Have Pushed Holiday Shopping Earlier And Back Into Stores

Foot traffic has increased across all major types of retail stores in the U.S. since the beginning of October according to data from retail analytics firms Placer.ai and SafeGraph provided to Bisnow. The increase was particularly pronounced among department stores and toy and game stores —…

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One Vanderbilt's Green CMBS Loan 'Shattered All Sorts Of Records' With Investor Demand In Overdrive

 

As building sustainability becomes increasingly important for office users to sign a lease, financing new office developments or renovations is about to get greener.

As lenders have raised funds dedicated to sustainability-driven investment, they are increasingly looking to place that capital into the renovation and construction of office buildings that focus on environmentally friendly design and development, speakers at Bisnow’s Future of the Workplace event last week said. 

“The PIMCOs, the BlackRocks, the pension funds — they only have so much money to allocate to real estate,” Wells Fargo Managing Director Robert Rosenberg said. “But they all have new buckets of capital to allocate to whatever the asset class is to green financing … the folks they are investing for, they all want to know they're investing in environmental and sustainably conscious good causes. So you're gonna see a lot more of this.” 

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Prologis CEO: Industrial Tenants In ‘Panic Mode’ When It Comes To Snapping Up Space

Prologis CEO: Industrial Tenants In ‘Panic Mode’ When It Comes To Snapping Up Space

There’s no slowdown in sight regarding the need for industrial space in the wake of the coronavirus pandemic.“Demand is just crazy,” Prologis CEO Hamid Moghadam said in the company’s Q3 earnings call.This rising demand coupled with diminishing…

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Biden's Spending Bill Could Include New 'Billionaire's Tax' On Real Estate

Biden's Spending Bill Could Include New 'Billionaire's Tax' On Real Estate  

The Democratic Party has spent months negotiating within itself to pass a version of President Joe Biden's sweeping plan to spend trillions of dollars on infrastructure, healthcare, childcare and the environment, and the latest stage of talks has included a provision targeting the real…

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