How Stadium Development Is Killing Loyalty In American Sports
Pandemonium will ensue inside NRG Stadium on Sunday. As the opening kickoff between the New England Patriots and the Atlanta Falcons sails through the air, 75,000 fans will be blinded by flashbulbs and deafened by their collective roar.
But 1,500 miles away in San Diego, Qualcomm Stadium will be as silent as a graveyard, not just because the Chargers didn't make it to the Super Bowl, but because the team will never play in the city again. The abandoned stadium stands as a solemn symbol of an NFL franchise system that exploits American cities and tosses away fans.
"The institutions create a system that is designed to minimize competition. That benefits the owners and the established league, but it harms fans and people who own lesser teams or want to own teams,” said Roger Noll, a senior fellow…
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Everything You Need To Know About NFL Stadiums
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California Forecast: Outlook Strong In Industrial, Slower In Multifamily And Office
“While the outlook for 2017 may look relatively good, the strong move towards online shopping, higher interest rates, a continued redefinition of the office environment and the dropping of fertility rates [remain the] driving factors in commercial real estate,” UCLA…
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As Super Bowl LI Gears Up, Here's What The Bay Area Learned From Super Bowl 50
Putting on a Super Bowl is no easy task. Super Bowl 50, by all accounts, ran smoothly, but this was after several years of planning involving multiple state, local and federal agencies, several cities and three counties. Many lessons were learned about how to host an event of this magnitude, which will help the Bay Area and others plan for future events.
Bay Area officials have considered bringing the Super Bowl back to the region, especially since Super Bowl 50 generated at least $240M, according to Sportimpacts. The report subtracted the gross spending on transportation and public safety costs. San Francisco, even though…
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With $65M In Series C Funding, Startup Readies For Smart Tinting Glass Product Launch
South San Francisco-based Kinestral Technologies just closed $65M in Series C equity funding. The firm will use the funding to launch Halio, smart tinting glass technology, into North America later this year and the global marketplace next year. The smart…
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5 NFL Franchise Owners With Impressive Real Estate
With Super Bowl weekend fast approaching, Bisnow zoomed in on some of the real estate holdings of NFL team owners — many of whom have a background in commercial real estate.
Check out the impressive portfolios of the owners of the Super Bowl LI teams — Atlanta Falcons owner Arthur Blank and New England Patriots owner Robert Kraft — and several others.
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Commercial Real Estate Pricing Remained Flat In January, With Office, Retail And Industrial Price Growth Contracting
Commercial real estate pricing remained flat in January, with office, retail and industrial markets experiencing a contraction in growth.
That's according to online real estate transaction marketplace Ten-X's CRE Nowcast, which uses proprietary technology, Google trends data and investor surveys to determine what's happening with CRE pricing in real time. Though commercial pricing growth was somewhat anemic last month, year-to-year gains remain 8.1% higher than this time last year. Ten-X senior quantitative strategist Chris Muoio said the one-month stall should not cause investors concern.
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