Silicon Valley

Silicon Valley Wants to Tax Big Tech Just Like Seattle Did

(Bloomberg)—Seattle levied an annual tax of about $50 million on big companies last week to help solve the city's homeless problem. The tax was watered down from the original proposal…
mall

10 Must Reads for the CRE Industry Today (May 23, 2018)

Apple is looking for a city to build a new corporate campus, reports the Wall Street Journal. Forbes examines a mall REIT stock. These are among today’s must reads from around the commercial real estate industry.
marketplace

Six Takeaways from RECon 2018, Day Two

The sentiment among retail real estate professionals remained upbeat on the second day of exhibitions at this year’s RECon. Some attendees felt the “doom and gloom” of retail headlines…
mega deals

Dry Power, Competition Fuel CRE Mega Deals

The year is not even at the half-way mark and it is already proving to be a big year for billion-dollar transactions. And there are likely more mega-deals on the horizon that could give transaction volume an added lift. The flurry…
value

Next U.S. Recession Seen Beginning in 2020: Zillow/Pulsenomics

(Bloomberg)—Mark your calendar. The next U.S. recession will begin in 2020, a survey says. More than half of the 105 real estate experts and economists in the quarterly survey by housing…
freddie-macfannie-mae

Groundhog Day at Fannie-Freddie Where the Fix Is Always Tomorrow

(Bloomberg)—Will anyone ever fix Fannie Mae and Freddie Mac? When the two mortgage giants were taken under federal control a decade ago -- the same year Donald Trump kicked off the first…
doggy day care

10 Must Reads for the CRE Industry Today (May 22, 2018)

The House is expected to pass deregulation of Dodd-Frank provisions, the Wall Street Journal reports. U.S. News & World Report looks at investment in industrial real estate. These are among today’s must reads from around the commercial…
recon-2018

Scenes from Day One of ICSC's RECon in Las Vegas

The International Council of Shopping Centers (ICSC) kicked off its annual RECon convention for retail real estate professionals this week in Las Vegas. Optimism abounded during the first day of the show, though some industry…
Sears Holdings sign

Sears Looks Like the Next Company With Head-Scratching CDS Trade

(Bloomberg)—For the past two years, credit-derivatives traders have been betting almost certain odds that Sears Holdings Corp. will default on its debt. Now, those wagers are being turned…
ReCON

Six Takeaways from RECon 2018, Day One

The first exhibition day at the International Council of Shopping Center’s (ICSC) annual RECon conference in Las Vegas—the largest convention for those in the retail real estate industry…