{"id":1004381795,"date":"2020-01-14T05:55:33","date_gmt":"2020-01-14T13:55:33","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004381795"},"modified":"2020-02-18T09:17:47","modified_gmt":"2020-02-18T17:17:47","slug":"daily-reads-jan-14-2019","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/daily-reads-jan-14-2019\/","title":{"rendered":"DAILY READS: Jan. 14, 2020"},"content":{"rendered":"<p><strong><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004381798\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/daily-reads-jan-14-2019\/media-post-4\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/media-post.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"media post\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/media-post.jpg?w=800\" class=\"size-medium wp-image-1004381798 alignright\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/media-post.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/media-post.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/media-post.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/media-post.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/strong><a href=\"https:\/\/commercialobserver.com\/2020\/01\/goldman-lends-258m-towards-dunes-national-lodging-buy\/\" target=\"_blank\" rel=\"nofollow\"><strong>Goldman Lends $258M Towards Dune\u2019s National Lodging&nbsp;Buy<\/strong><\/a><\/p>\n<p>&#8220;The debt, a two-year deal that has three one-year extension options, is fueling Dune\u2019s purchase of a portfolio that includes 2,086 hotel rooms from Florida to California. Dune will pay interest of 2.43 percent above the one-month Libor, with no principal due until the loan matures. &#8221;<br \/>\n<em>\u2014Commercial Observer<\/em><\/p>\n<p><strong><a href=\"https:\/\/www.bisnow.com\/dallas-ft-worth\/news\/coworking\/move-over-wework-and-traditional-office-space-theres-a-new-competitor-in-town-101789\/\" target=\"_blank\" rel=\"nofollow\">Move Over WeWork And Traditional Office Space, There&#8217;s A New Competitor In Town<\/a><\/strong><\/p>\n<p>Essentially, the partnership Swivel forms with local landlords allows tenants access to shorter office leases with private, fully furnished spaces minus the higher rental costs associated with shorter coworking contracts or the inflexible and longer lease terms&nbsp;tied to traditional offices.<br \/>\n<em>\u2014Bisnow Austin&nbsp;<\/em><\/p>\n<p class=\"app_header_headline__36XRj primaryBold primaryBold-60 md_primaryBold-80 mb-2\"><a href=\"https:\/\/www.dallasnews.com\/business\/real-estate\/2020\/01\/13\/massive-plano-development-threatened-with-foreclosure\/\" target=\"_blank\" rel=\"nofollow\"><strong>Massive Plano Development Threatened With Foreclosure<\/strong><\/a><\/p>\n<p>\u201cFor more than three years, developers Silos Harvesting Partners and Dreien Opportunity Partners have been working to convert the former J.C. Penney headquarters campus on Legacy Drive into a more than $1 billion mixed-use development.&#8221;<br \/>\n<em>\u2014Dallas Morning News<\/em><\/p>\n<p><strong><a href=\"https:\/\/www.dailybulletin.com\/2020\/01\/09\/not-the-golden-state-anymore-middle-and-low-income-people-leaving-california\/\" target=\"_blank\" rel=\"nofollow\">\u2018Not the Golden State Anymore\u2019: Middle- and Low-Income People Leaving California<\/a><\/strong><\/p>\n<p>In the second quarter of 2019, the San Francisco Bay Area topped Los Angeles, Washington and Chicago when it came to people leaving major U.S. cities. It was second only to New York City. More than 28,190 people departed the Bay Area during those three months, close to double 2017\u2019s rate, according to a regular migration report from&nbsp;real estate brokerage Redfin.<br \/>\n<em>\u2014Daily Bulletin<\/em><\/p>\n<p><a href=\"https:\/\/www.nreionline.com\/industrial\/proximity-rail-service-play-bigger-role-industrial-site-selection\/\" target=\"_blank\" rel=\"nofollow\"><strong>Proximity to Rail Service to Play a Bigger Role in Industrial Site Selection<\/strong><\/a><\/p>\n<p>Industrial developers and investors are considering the advantages of rail access when choosing locations for new projects, says Tray Anderson, who heads the logistics and industrial services platform in the Americas for real estate services firm Cushman &amp; Wakefield. While rail access doesn&#8217;t drive location decisions, it has become a risk mitigation strategy, offering an alternative to trucking if the driver shortage escalates.<br \/>\n<em>\u2014National Real Estate Investor<\/em><\/p>\n<p><a href=\"https:\/\/seniorhousingnews.com\/2020\/01\/12\/in-mosh-pit-of-senior-housing-challenges-labor-expenses-wreak-havoc\/\" target=\"_blank\" rel=\"nofollow\"><strong>In \u2018Mosh Pit\u2019 of Senior Housing Challenges, Labor Expenses Wreak Havoc<\/strong><\/a><\/p>\n<div class=\"dfp-ad-hideempty native_inline\" data-dfp-position=\"native_inline\">\n<p>&#8220;Indeed, Q3 wage and benefit expenses for another publicly traded operator\u2014 Newton, Massachusetts-based Five Star Senior Living (Nasdaq: FVE)\u2014were up 6.9 percent year-over-year on a comparable community basis, Executive Vice President, CFO and Treasurer Jeff Leer said on that company\u2019s earnings call.&#8221;<br \/>\n<em>\u2014Senior Housing News<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Start your day smarter. Commercial Property Executive now delivers a daily batch of other critical content for you to read, listen to and watch.<\/p>\n","protected":false},"author":1269,"featured_media":1004381798,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37301],"tags":[],"class_list":["post-1004381795","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>DAILY READS: Jan. 14, 2020 - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/daily-reads-jan-14-2019\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DAILY READS: Jan. 14, 2020\" \/>\n<meta property=\"og:description\" content=\"Start your day smarter. 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