JUNE 6, 2019

Top Story

Office

By NREI Staff

One of the biggest trends in the office sector over the past few years has been the proliferation of flexible space options and co-working operators. A recent CBRE MarketFlash report took a close look at the dynamics in th flexible office space universe, based on the 30 markets tracked by the real estate services firm.

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Analysis

Retail

Can Sears Survive by Opening Smaller-Format Stores?

By Liz Wolf, Contributing Writer

Outside of the court battles, the former retail giant is working to revitalize and reinvent the Sears brand and try to make it relevant in today’s changing retail environment. That likely won’t be an easy task as bricks-and-mortar retail continues to flail. In fact, 7,215 store closures have already been announced by U.S. retailers in 2019, according to global market research firm Coresight Research. Coresight estimates that announced U.S. store closures could reach 12,000 by the end of 2019.

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NREI Wire

Any Fannie, Freddie IPO Would Be Years Off, Raymond James Says

Bloomberg

Before an IPO, the GSEs would need to build from $200 billion to $250 billion in capital reserves, any analyst writes.

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Immigrants Help to Alleviate U.S. Health Care Staffing Shortage

Bloomberg

In 2017, immigrants made up 27.5 percent of direct healthy care workers, employed mostly by home health agencies and nursing homes.

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10 Must Reads for the CRE Industry

By NREI Staff

Units in Santa Maria, Calif. and other nearby towns with high immigration are being converted to dormitory-style residences for temporary guest workers, tightening the supply of housing and pushing up rents, reports the Wall Street Journal. The New York Times looks at New York City’s evolving skyline. These are among today’s must reads from around the commercial real estate industry.

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