July 31, 2023
Report: Malls Trapped in ‘Awful Cycle’ as Values Plummet
Seven years after their valuations peaked, America’s malls are on the ropes. As The Wall Street Journal (WSJ) reported Monday (July 31), the country’s older and lower-end malls have seen their values...
July 27, 2023
Office Space Inventory in US Sees First Net Decline
The U.S. office market is in uncharted territory as the amount of office space has declined for what is likely the first time in history. Less than 5 million square...
July 27, 2023
How Old Navy Is Trying to Capture Back-to-School Spend
Consumers’ spending behavior has slowed down, which is causing concern among retailers. Although they are still making purchases, the rate at which they are doing so falls short of what...
July 24, 2023
Chick-fil-A Opens First Drive-Thru-Only Location as Fast-Food Eateries Shrink
As quick-service restaurants (QSRs) look to meet consumers’ growing demand for quick, convenient off-premises options, many are saving on real estate by shrinking on-site seating areas or losing their dining...
July 21, 2023
Toast’s 15.5% Plunge Helps Lead FinTech IPO Index Lower for...
Toast shares got scorched in a week that saw the FinTech IPO Index give up 0.3%. And earnings season has yet to begin in earnest — at least for the...
July 19, 2023
White House Demands Transparency From Rental Housing Platforms
The White House says three major housing platforms have agreed to provide more transparency to prospective renters. Zillow, Apartments.com, and AffordableHousing.com will begin giving consumers the total of upfront cost of rental properties,...
July 17, 2023
FedNow’s Future and What the Triple Clock Theory Says About...
Four days from today, the Federal Reserve’s instant account-to-account payments rail will go live. FedNow’s launch on July 20 will bring the number of real-time rails in the U.S. to...
July 16, 2023
Homeowners Turn to HELOCs as Mortgage Rates Rise
American homeowners are reportedly living in the age of the HELOC. That stands for home equity line of credit, which — as a Saturday (July 15) Bloomberg News report notes...
July 13, 2023
Entrata Acquires Rent Dynamics to Expand Resident Services Suite
Entrata, a multifamily industry operating system, has acquired Rent Dynamics, a provider of resident rent reporting and financial resources. Entrata will integrate Rent Dynamics’ RentPlus products into its existing suite of resident services, the...