- Cadillac Brand to Move Back to Detroit “General Motors is moving its Cadillac headquarters back to Detroit, nearly four years after relocating the luxury brand’s home base to New York City’s trendy SoHo neighborhood.” (Wall Street Journal, subscription required)
- Home Prices Fall After a School Shooting “They say prices tell a story. When it comes to the terrible, lasting effects of a school shooting on the entire town, they speak volumes. In a new paper, economists looked at real estate prices in school districts where there had been a shooting. What they found: Prices fall sharply and stay low for years.” (MarketWatch)
- Apartment Rents Are Suddenly Rising Faster, Reversing Year-Long Trend “Buying a home is getting more and more expensive, thanks to sharp increases in both prices and mortgage rates. That is juicing demand for apartment rentals and, in turn, pushing rents higher.” (CNBC)
- Amazon Is Opening a New Store That Sells Only Its Best Products “Amazon is letting its customer ratings do the talking at its new store. Called Amazon 4-Star, the new concept will stock items that customers have rated four stars or above, on average, according to a blog post announcing the store.” (Business Insider)
- Generation Z Home Buyers Have Family Money and Move Fast to Purchase Property “Though they still represent just a small fraction of the housing market thus far, Generation Z home buyers are different from their older peers.” (MarketWatch)
- Retail REITs: Sunnier Days Ahead “Burrowing out and ready to gather food, the otherwise lowly gopher pops his head out of the ground, and takes a good look all around. That’s how he survives. And any brethren who happen to take a narrower look, well, let’s just say, they might not last so long.” (Forbes)
- Tight Industrial Submarkets Get Even Tighter “With the regional economy growing at a nice clip, a lot of local manufacturers and distributors are looking to expand. And even though many submarkets are getting tight, good deals can be found, including ones for space near the city center.” (com)
- Amazon Just Rolled Out Its Whole Foods Grocery Delivery Service in These Cities “Amazon has expanded its grocery delivery service from its Whole Foods stores to more cities across the United States. The service is now available in Milwaukee, Omaha, Detroit, Jacksonville, Madison, Orlando, St. Louis, Ann Arbor, Tampa and Tulsa as well as in more areas around New York City and Seattle.” (CNBC)
- Real Estate and Innovative Tech: A Love Story “NOOS Lab’s Matthieu Merchadou Melki and Saul Ewing Arnstein & Lehr's Louis Archambault discussed how emerging technologies influence the industry. The two also shared their predictions for the future of real estate development.” (Commercial Property Executive)
- Student Housing: Different by Design “The old days of prison-cell-like student housing are mostly gone but it’s more than physical amenities like salons and spas and 24-hour fitness centers that’s different these days.” (com)
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