About 37 percent of small businesses, which between them employ almost half of all Americans working in the private sector, were unable to pay their rent in full in October. That’s according to a survey from Boston-based Alignable, a network of 7...
In spite of concerns over inflation and potential recession, as well as some lagging pandemic effects, hotel asset managers expect RevPAR levels to exceed 2019 figures.
The New York-based startup, which launched last year, processes $3 billion in annualized rent payments, and its Bilt Mastercard customers are spending at an annualized rate of $1.6 billion.
While rising inflation and weaker consumer spending are having an impact on industrial property fundamentals, the comparisons are to record highs in occupancy and rent growth.
“It’s not going to get solved in the next few weeks -- it will probably take some several months and there is no hard deadline on this,” Executive Director Gene Seroka, whose port is the nation’s busiest, said in an interview at Bloomberg’s New...
Rent gains are finally starting to slow in many parts of the U.S., cooling a years-long boom that sapped affordability from coast to coast. Landlords have little choice but to ease off big increases: Demand from tenants is suddenly sinking.
The deal reinforces the appeal of physical stores and will likely bring up the value of centers currently anchored by Albertsons, according to brokers.
Boise, Idaho-based Albertsons has been studying options to boost growth, having seen sales gains during the Covid-19 pandemic cool at the same time as labor and logistics expenses have been rising.
