01.18.2022
5 Facts About December’s Decline in Retail Sales
Last week, the Commerce Department reported that US retail sales fell 1.9% in December. It marked the end of the fourth consecutive month of growth, following November’s rise of 0.3% and a 1.8% jump in…
Read More01.18.2022
Fitch Ratings Lowers Outlook For Global Lodging Sector
Fitch now anticipates RevPAR to recover to about 70% of 2019 levels in 2022, with most of the recovery happening in the second half of the year. Fitch Ratings has lowered its outlook for the…
Read More01.18.2022
Restaurants and Bars Face Bankruptcies, Evictions Without Federal Relief
The Independent Restaurant Coalition’s January nationwide survey finds more than 1 in 4 without federal grants face eviction. Many of the companies that did not receive Restaurant Revitalization Fund grants from the federal government during the pandemic…
Read More01.14.2022
JP Morgan Picks Its Best CRE Categories For Investment
The top CEOs, CIOs and strategists point to logistics, Sunbelt multifamily, and outdoor industrial storage. JP Morgan sees an array of sectors in the US that are benefiting from high user demand and will perform…
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