NREI Daily
Wealth Management FinTech
 

JULY 10, 2020

Top Story

Alternative Properties

Nursing Homes Operators Must Prepare for Rising Staff Wages

Labor costs in the nursing home sector are increasing as operators confront labor shortages and higher risk to staff.

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Analysis

Real Estate Services

Closed Offices Present Challenges for College Students Looking to Enter the CRE Industry

Many college students majoring in real estate are having difficulty completing their programs’ internship requirements, and onboarding via Zoom has been a challenge for those starting their first jobs.

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NREI Wire

Ann Taylor Owner Ascena Prepares Bankruptcy to Cut Debt, Stores

The owners of Ann Taylor and Lane Bryant could file for Chapter 11 by the end of this week.

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Bed Bath & Beyond to Close 20% of Stores in Next Two Years

The chain plans to close 200 stores over the next two years in an effort to cut costs.

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Nine Must Reads for the CRE Industry Today

National office and apartment vacancy rates rose only marginally in the second quarter, reports Reuters. As online sales boom during the pandemic, the U.S. may need another 1 billion square feet of warehouse space by 2025, according to CNBC. These are among today’s must reads from around the commercial real estate industry.

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