In spite of overall caution in the investment sales market, some family offices and high-net-worth investors (HNWIs) have been looking at this as a time of opportunity. So are they pursuing any retail investments with all of the added challenges during the pandemic? Are these wealthy investors looking for potential distressed deals, or are they sitting on the sidelines?
Adding a loyalty program and a premium chicken sandwich, announced Monday, are long overdue for the Chicago-based chain, says industry analyst John Gordon; franchisees have been asking for months for a sandwich that can compete with Chick-fil-A.
After a week of uncertainty, enough votes have been counted in California to confirm that the contentious Prop 15 measure that would have instituted a split roll property tax system was defeated. Deutsche Bank has suggested a five percent tax on people that work from home to subsidize those who cannot, reports BBC. These are among today’s must reads from around the commercial real estate industry.
