NREI Daily
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AUGUST 21, 2019

Top Story

Finance & Investment

Overall REIT Executive Compensation Increased in 2018, But Many CEOs Saw a Pay Cut

One-third of REIT CEOs saw their total compensation packages decrease last year, according to a new study on REIT Executive Compensation Trends by FTI Consulting Inc. The firm found that 33 percent of the 146 CEOs of publicly-traded REITs it tracked got a pay cut in 2018. A year ago REIT CEO compensation rose 3.3 percent.

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Analysis

Retail

Should Landlords Worry About Drugstore Closures?

Neighborhoods will see fewer corner drugstores as Walgreens has revealed recently it will shutter 200 U.S. stores, and less than a day later, CVS announced it’s pulling back on the number of new store openings annually. Is the drugstore sector undergoing a major transformation like other retail sectors?

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Research

White Paper

Multifamily Market Study

After showing signs of caution a year ago, multifamily investors’ sentiments ticked back up again in this year’s exclusive research.

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NREI Wire

Knotel, Which Says It’s a Steadier WeWork, Vaults to Unicorn Status

In a fundraising round this week, WeWork’s rival raised $400 million from foreign investors.

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Neighbor.com: 'It's Like Airbnb for Your Stuff'

A new start-up might be looking to disrupt the self-storage industry the same way Airbnb disrupted the hotel business.

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10 Must Reads for the CRE Industry Today

A New York University professor rips apart WeWork’s valuation, according to Business Insider. Investors are about to take a flight to quality, reports Kiplinger’s. These are among today’s must reads from around the commercial real estate industry.

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