NREI Daily
Wealth Management FinTech
 

JUNE 20, 2019

Top Story

Retail

Can James Daunt Save Barnes & Noble from Oblivion?

In an effort to breathe new life into Barnes & Noble, new owner Elliott Advisors is bringing in James Daunt, CEO of Waterstones, to run the company. Daunt is expected to use the same turnaround tactics for Barnes & Noble that he used for the once-struggling Waterstones, including re-investing in stores and empowering local bookselling teams, Barnes & Noble revealed. That means stores will be more tailored to their local markets—similar to a local bookstore—vs. operating as a massive, big-box chain.

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HALL Structured Finance
 is an entrepreneurial, value-add, direct private lender that provides ground-up construction, adaptive reuse and major asset repositioning for commercial real estate projects throughout the United States.

Analysis

Office

Office Building Owners Are Entering the Co-Working Market with Their Own Brands

Office building owners that operate multiple locations have recently started launching branded, flexible office spaces across their portfolios, to provide tenants with collaborative workspaces and flexible terms—sometimes at more competitive rates than co-working operators.

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NREI Wire

Hotel Unicorn Oyo Plots $300 Million Push into the U.S. Market

Hotel operator Oyo plans to invest $300 million to expand in the United States.

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What’s Wrong With Modern Buildings? Everything, Starting With How They’re Made

Modern structures rely on cement and steel, which are made using chemical processes that throw off tons of carbon dioxide.

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10 Must Reads for the CRE Industry

Investor purchases of U.S. homes reach an all-time high, pushing out millennials and other first-time buyers, reports the Wall Street Journal. The competitive grocery market is causing Kroger to underperform, according to Bloomberg. These are among today’s must reads from around the commercial real estate industry.

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