Battered IHOP could close up to 100 restaurants
by TRD Staff on 2020-10-29 at 3:30 PM
In these times, even pancakes can’t cheer us up. The parent company of IHOP restaurants said sales fell 18.7 percent in the third quarter, triggering a review of underperforming locations. As many as 100 might be closed. “We’re evaluating only greatly underperforming restaurants that we currently believe are not viable coming out of the pandemic,” IHOP’s president, […]
CBRE moving HQ from LA to Dallas
by By Rich Bockmann on 2020-10-29 at 3:22 PM
CBRE is trading in its Cali-cool shades for a pair of cowboy boots. The world’s biggest real estate services firm is moving its headquarters from Los Angeles to Dallas, the Dallas Morning News reported. Company CEO Robert Sulentic, who headed the Dallas-based developer Trammell Crow Co. when it was acquired by CBRE in 2006, already has an office in the Texas city and splits his time between […]
Arkadia buys cold storage warehouse in Allapattah...
by By Katherine Kallergis on 2020-10-29 at 2:30 PM
Arkadia Property Group paid $5.3 million for a cold storage warehouse in Allapattah, leased to Nickey Gregory Co. Neman Ventures’ principal Shane Neman sold the 23,500-square-foot building at 1930 Northwest 23rd Street. Nickey Gregory, a produce company, has about two years left on its triple-net lease, plus extension options, said Arkadia principal David Aaron. Arkadia does not plan to […]
Three Ways Low Inventory Is a Win for Sellers
by KCM Crew on 2020-10-29 at 10:00 AM
The number of houses for sale today is significantly lower than the high buyer activity in the current housing market. According to Lawrence Yun, Chief Economist for the National Association of Realtors (NAR): “There is no shortage of hopeful, potential buyers, but inventory is historically low.” When the demand for homes is higher than what’s
Buyer Interest Is Growing among Younger...
by KCM Crew on 2020-10-28 at 10:00 AM
The demand for homes this year is extraordinary as record-breaking numbers of hopeful buyers continue to shop for homes. In a normal year, the peak homebuying season comes to a close by early fall. However, 2020 is anything but a normal year, and the housing market is no exception. Lawrence Yun, Chief Economist for the
How Down Payment Assistance Opens the Door to...
by KCM Crew on 2020-10-27 at 10:00 AM
Many people are eager to buy a home right now while affordability continues to be a highlight of the current housing market. However, a recent survey by Sparks Research shows that 20% of first-time homebuyers cite a lack of financial education as a barrier to homeownership. This is definitely understandable. If you don’t feel comfortable
Koelling Wins REALTOR® Active in Politics Award...
on 2020-10-29 at 3:51 PM
Koelling Wins REALTOR® Active in Politics Award Lansing State Journal
Former Chicago Bulls Star Toni Kukoc Sells His...
on 2020-10-29 at 2:15 PM
Former Chicago Bulls Star Toni Kukoc Sells His Highland Park, IL, Home for $920K Realtor.com News
There was a surprise drop in September home sales...
on 2020-10-29 at 2:00 PM
There was a surprise drop in September home sales as buyers were priced out CNBC