NREI Daily
Wealth Management FinTech
 

OCTOBER 10, 2019

Top Story

Retail

Is Bed Bath & Beyond Going Through Temporary Turbulence or More Serious Challenges?

Bed Bath & Beyond is struggling with what many big-box retailers are struggling with: the fact that they have “huge boxes and everything they sell today, frankly, is available online,” says Farla Efros, president of HRC Retail Advisory, a strategic retail advisory firm with offices in Chicago and Toronto. “Yes. They survived the recession of the time, but online and e-commerce really wasn’t as developed as it is today,” she notes. 

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Analysis

Multifamily

Freddie, Fannie Offer More Competitive Loan Terms After Re-Set Lending Caps

As of October 4, Freddie Mac and Fannie Mae charged interest rates fixed at 180 to 210 basis points over the yield on 10-year Treasury bonds for typical apartment loans covering up to 80 percent of the value of the properties, with a debt service coverage ratio of more than 1.20x, according to real estate services firm CBRE.

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Small Apartment Buildings Serve Large Portions of Renters

Finding reliable and competitive financing has historically been a challenge for borrowers with small multifamily properties.

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NREI Wire

Manhattan’s Rental ‘Glampers’ Send Luxury Lease Prices Soaring

Rents on super-luxury rents in Manhattan rose 9.1 percent in September compared to a year earlier.

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Bed Bath & Beyond Pins Its Hopes to the Magic of Target: Sarah Halzack

The retailer’s new CEO is an impressive poaching effort for a chain that badly needed new leadership.

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10 Must Reads for the CRE Industry Today

Brookfield plans to launch a massive entertainment and restaurant venue at Manhattan West, reports the New York Post. Smaller warehouses are in hot demand, according to the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.

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