The house cleaners come in, halt all new leases, dump side businesses, sell corporate jet, lay off thousands, purge “Adam’s posse” – in just two days.
OK, I’m going to wade into this debate — but with my boots on.
The once hot asset class of high-end student housing runs into reality.
All in next-gen corporate speak to give you the warm & fuzzies. Meanwhile, Uber hits new low, down 24% from IPO price.
Store liquidations in 2019 have blown past the full-year total of 2018. The phenomenon is proceeding with relentless momentum.
Only feeble signs of manufacturing returning to the US (you’ve got to build the plants first).
The phenomenon has reached historically huge proportions in the Everything Bubble era. But it comes in cycles – with a big impact on the real economy.
But 8 markets show double-digit increases.
Hundreds of millions of dollars in lost opportunities, bungled projects, and out-right featherbedding.
The practice of renegotiating rent is older than selling Thanksgiving turkeys as loss leaders, but there is a relatively new, ugly wrinkle to the game.