Meybohm Commercial Connection with Jonathan Aceves

Good Lessons in #Development: 1) Sometimes a good #location isn't good enough 2) Don't fall for fake #traffic 3) There's strength in numbers... https://www.forbes.com//three-self-storage-development-le/ #CRE #CCIM #Retail #NNN #storage

Moody's REIS #CRE Report shows #office sector struggling, while industrial/flex is predicted to hold steady. "Looking ahead, REIS predicts that the national office vacancy rate will reach 19.4 percent by the end of 2021 and hit a peak of 19.7 by 2022. Asking and effective rents will likely decrease by 4.9 percent and 7.4 percent, respectively, this year." "The warehouse/distribution market saw its vacancy hold relatively steady, going from 10.3 in the fourth quarter of 2019... to 10.6 in the second and third quarters of 2020 and 10.5 in the fourth quarter of 2020." https://www.multihousingnews.com//industrial-real-estate-/ #CRE #Industrial #Flex #CCIM #NNN

Changes at Long John Silver's as they prepare for #Lent - 20% of their sales come from these 7 weeks! https://www.restaurantbusinessonline.com//long-john-silver #QSR #NNN #CRE #Exchange #CCIM

#Multifamily market expected to stay strong, Freddie Mac seeing increase in loan originations, and secondary and tertiary markets expected to outperform large cities such as NY and LA. https://www.multihousingnews.com//freddie-mac-sees-improv/ #CRE #Multifamily #apartments #exchange #CCIM

#COVID has accelerated the death of the all-you-can-eat buffet. https://www.cnbc.com//cicis-files-for-bankruptcy-as-pandem #CRE #NNN #Retail #QSR #CCIM