Some student housing properties rent their retail spaces to national retailers like CVS or Target. But in other cases, retail spaces inside student housing buildings stand empty for years—unable to support even a pizza shop.
Solutions that cater to boomers’ lifestyles need to look different than today’s seniors housing. Not only will boomers reject many of the features of today’s seniors housing, they also can’t afford them. Boomers want modern amenities and greater independence, integrated with healthcare services when they need them.
The Fed is not likely to cut interest rates this month, according to Reuters. The New York Times looks at the potential impact of the new rent regulation laws. These are among today’s must reads from around the commercial real estate industry.
In this episode of the NREI Weekender Podcast, David Bodamer highlights the hot stories of this past week. With a common theme this week: “sharing spaces,” David and co-host, Aric Johnson, talk about roommates, businesses, employees, and the levels to which they are all trying to combat the rising costs in rent.
