It’s Looking Good For The Holidays!

It’s Looking Good For The Holidays!

Retail Sales Jump Retail sales were up 1.3% for October (seasonally adjusted) from September, indicating that consumers continue to spend despite rising prices. Many retailers, including Walmart, Amazon and Target, started early holiday sales in October, giving...
Real Estate Matchup Between Astros and Phillies

Real Estate Matchup Between Astros and Phillies

A World Series between the Houston Astros and Philadelphia Phillies is also a matchup of two of the country’s most important commercial real estate markets. Those baseball teams play in the fourth- and sixth-largest U.S. cities, located along key shipping ports, and...
Top Economist Expects Inflation to Cool

Top Economist Expects Inflation to Cool

Geopolitics, The Fed and COVID Policies Will Decide Economic Future According to economist Bernard Baumohl, one of the top questions pending for the fate of the U.S. economy and the hotel industry is just how far the Federal Reserve is willing to push its plan to...
Philadelphia Bioscience Growth Continues

Philadelphia Bioscience Growth Continues

Nuveen Loans $265 Million for Philadelphia Life Science Building, Project Aims To Build 200,000 Square Feet of Lab Space Pennsylvania-based Keystone Development and Investment has secured a strong endorsement in the form of a loan from an affiliate of insurance giant...
US Retail Property Sector Bounces Back

US Retail Property Sector Bounces Back

No More Supply Glut as Demolition of Obsolete Retail Space Outpaces New Store Construction According to a recent article on CoStar, analytics show that the retail property sector has bounced back to even better shape now than before the COVID-19 pandemic. Retail...