CRE Wire

A city resident needs to make a salary of $110,000 to afford the median asking rent of $2,750 for available apartments.

The Wall Street Journal asks whether investors’ bets on housing are on shaky footing. Curbed talked to some apartment landlords about their take on the current frenzied rental market. These are among today’s must reads from around the commercial...

The total affected will be more than 1,000 US workers, with about half moved to different divisions within the bank.

The bank intends to lease a minimum of 800,000 square feet of space in a property that will be built by Hunt Realty.

The Wall Street Journal looks at whether the U.S. is facing a housing bust. Commercial Observer wonders if the proptech industry should start worrying about raising funding. These are among today’s must reads from around the commercial real estate...

Doug Herrington joined Amazon in 2005 and launched the Amazon Fresh grocery delivery service in 2007.

The firms plan to grow their loan pipeline to $2.5 billion over the next five years, by providing $5-50 million senior bridge and construction loans.

The Los Angeles Times looks at how much it costs to build affordable housing in California. Amazon is running into a labor shortage problem at its U.S. warehouses, reports The Wall Street Journal. These are among today’s must reads from around the...

Ocado’s main focus is selling robotic warehouse technology, maintaining partnerships with retailers worldwide.

Unless the supply of apartments and homes increases, those rents will stay elevated and even rise barring some significant economic downturn.