The Pluses and Minuses of Creating a Hotel Juggernaut

So, commercial real estate consolidation continues. We have seen major brokerage firms consolidate in the last year, as well as some larger retail chains, specifically in the retail office-supplies arena. Now, it looks like the commercial real estate industry is going...

Should Retailers Get Into the REIT Game?

So much for two of the largest retail-space operators spinning their real estate holdings off into real estate investment trusts. Two major retailer names in the industry recently backed out of reported aspirations to bring their properties public. McDonald’s...

How I Learned to Stop Worrying and Hate Interest Rates

Well, hating interest rates is obviously a pretty extreme concept. But what is almost as bizarre is the obsession with them shared by the media and certain analysts that is nearly on a Dr. Strangelove-like nuclear-war level. Every time members of the Fed meet, the...

Walgreens-Rite Aid Marriage Means Store Closings

We knew it would happen. A $9.4-billion acquisition by Walgreens Boots Alliance of Rite Aid is going to create a mega drugstore empire that will have nearly a combined 13,000 stores, if approved, making it larger than rival CVS, though, according to a Bloomberg...

Is Oakland the Next Brooklyn?

Manhattan, several years ago, was a borough of New York City where residents and companies were priced out due to high rents. So they picked up, and went across the river to Brooklyn. Many currently complain that, in turn, Brooklyn has become too expensive. San...