- TruAmerica Expands in the Pacific Northwest “With its institutional partners DVO Real Estate and RCG Longview, TruAmerica Multifamily has wrapped up the acquisition of a $115 million five-property value-add portfolio from FPA Multifamily, TruAmerica announced Wednesday.” (Commercial Property Executive)
- McDonald's Sales Are Still a Mess “On Thursday, the fast-food giant reported second-quarter results that beat analysts' forecasts on earnings and revenues, but sales continue to plunge.” (Business Insider)
- KKR Profit Rises 65% to Record in Quarter as LBO Holdings Jump “KKR & Co., the private equity firm run by Henry Kravis and George Roberts, reported record second-quarter profit as its holdings jumped in value. The results surpassed all analysts’ estimates.” (Bloomberg)
- Five Views of 2 World Trade Center “A look at Bjarke Ingels Group’s shape-shifting, stacked tower design for 2 World Trade Center, the final building overlooking the site where the twin towers were destroyed.” (New York Times)
- Why Street Stores Still Matter in the Age of Online Shopping “Online shopping has increased in popularity with the advancement of technology, but a large number of shoppers prefer the traditional brick-and-mortar store because of the immediacy factor, according to Cushman & Wakefield’s Gene Spiegelman.” (Commercial Observer)
- Brooklyn Hotel Boom May Exceed Demand “If you build a hotel in Brooklyn, will they come? A record number of hotel properties planned in Kings County are stirring concerns there may not be enough demand to fill them all.” (The Real Deal)
- Orange County Economic Growth Finally Revving into High Gear “Off the 405 Freeway in Irvine, hundreds of workers are busy erecting a 20-story glass office tower, a stark symbol of Orange County's economic expansion.” (Los Angeles Times)
- It Took Wal-Mart Four Years to Buy this Company “It took four years, but Wal-Mart has finally fully gobbled up Chinese e-commerce company Yihaodian.” (Fortune)
- The Future of Fashion Retailing, Revisited: Part 2 - Zara “In late 2012, I wrote a three-part series on Uniqlo, Zara and H&M. In the last three years, these three global fashion retailers have experienced impressive growth, due in no small part to their success in the U.S. retail market. In my last post, I discussed Uniqlo’s strategy of ‘planned obsolescence,’ similar to the approach used by the auto and technology industries.” (Forbes)
- Giant Hedge Fund Bridgewater Flips View on China: ‘No Safe Places to Invest’ “The world’s biggest hedge fund has turned on the world’s fastest-growing economy.” (Wall Street Journal)
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