{"id":1004389892,"date":"2020-02-11T06:42:58","date_gmt":"2020-02-11T14:42:58","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004389892"},"modified":"2020-02-18T06:26:18","modified_gmt":"2020-02-18T14:26:18","slug":"daily-reads-feb-11-2020","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/daily-reads-feb-11-2020\/","title":{"rendered":"DAILY READS: Feb. 11, 2020"},"content":{"rendered":"<div id=\"attachment_1004332004\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/Federal_Reserve_Board_Building.jpg\/\" target=\"_blank\" rel=\"nofollow\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004332004\" data-attachment-id=\"1004332004\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/industry-watches-as-fed-says-no-rate-cut-for-now\/federal_reserve_board_building\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/Federal_Reserve_Board_Building.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;0&quot;}\" data-image-title=\"Federal_Reserve_Board_Building\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Image via Wikimedia Commons&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/Federal_Reserve_Board_Building.jpg?w=800\" class=\"wp-image-1004332004 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/Federal_Reserve_Board_Building.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/Federal_Reserve_Board_Building.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/Federal_Reserve_Board_Building.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/Federal_Reserve_Board_Building.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004332004\" class=\"wp-caption-text\"><em>Image via Wikimedia Commons<\/em><\/p><\/div>\n<p><strong><a href=\"https:\/\/www.nreionline.com\/investment\/federal-government-starting-surplus-real-estate-dispositions-what-s-offer\/\" target=\"_blank\" rel=\"nofollow\">The Federal Government is Starting Surplus Real Estate Dispositions. What\u2019s on Offer?<\/a><\/strong><\/p>\n<p>\u201cThe Public Buildings Reform Board (PBRB), an independent federal agency established by the&nbsp;Federal Assets Sale and Transfer Act of 2016&nbsp;(FASTA), has released its first 12 federal assets , with a cumulative value of between $500 and $750 million,&nbsp;for disposal by the General Services Administration (GSA).\u201d<br \/>\n\u2014<em>National Real Estate Investor<\/em><\/p>\n<p><strong><a href=\"https:\/\/www.dallasnews.com\/business\/real-estate\/2020\/02\/11\/d-fw-was-a-top-us-market-for-construction-in-2019\/\" target=\"_blank\" rel=\"nofollow\">Dallas-Fort Worth\u2019s Construction Boom Ranks Second Nationally in 2019<\/a><\/strong><\/p>\n<p>\u201cDallas-Fort Worth was the second busiest building market in the country last year with almost $22.5 billion in construction. Only New York City had more total construction \u2013 both residential and nonresidential \u2013 than the D-FW area, according to information from Dodge Data &amp; Analytics.It was the fourth year in a row that annual building starts in North Texas topped $20 billion \u2013 an unheard of pace of construction for the D-FW area.\u201d<br \/>\n\u2014<em>Dallas Morning News<\/em><\/p>\n<p><strong><a href=\"https:\/\/www.6sqft.com\/plans-for-nycs-first-soccer-stadium-inch-forward-in-the-bronx\/\" target=\"_blank\" rel=\"nofollow\">Plans for NYC\u2019s First Soccer Stadium Inch Forward in the Bronx<\/a><\/strong><\/p>\n<p>\u201cThe group of developers and the New York City Football Club are close to reaching a deal with the city to bring a 25,000-seat stadium to the South Bronx as part of a $1 billion development plan that also includes a hotel, new school, and affordable housing.\u201d<br \/>\n\u2014<em>6sqft<\/em><\/p>\n<p><strong><a href=\"https:\/\/www.bisnow.com\/national\/news\/retail\/for-middle-market-restaurants-its-life-on-a-tightrope-102853\/\" target=\"_blank\" rel=\"nofollow\">Restaurant Chains Struggling to Survive Despite Record Economy, Food Spending<\/a><\/strong><\/p>\n<p>\u201cThat macro-change in eating habits has helped drive&nbsp;up the number of restaurants, and thus the competition. There are now more than&nbsp;a million U.S. restaurants, according to the National Restaurant Association. Each year since the recession, the number of restaurants has grown by 1% to 1.2%, or up by a net of 10,000 or more per year.\u201d<br \/>\n\u2014<em>Bisnow<\/em><\/p>\n<p><strong><a href=\"https:\/\/www.marketwatch.com\/story\/treasury-yields-jump-on-easing-coronavirus-concerns-ahead-of-powell-testimony-2020-02-11?mod=markets\/\" target=\"_blank\" rel=\"nofollow\">Treasury Yields Jump on Easing Coronavirus Concerns Ahead of Powell Testimony<\/a><\/strong><\/p>\n<p>\u201cMeanwhile, the Fed\u2019s Powell will speak in front of Congress as part of the semi-annual monetary policy testimony where he could hand out clues on the direction of interest rates. His remarks will come as traders price in increased expectations of a rate cut this year.\u201d<br \/>\n\u2014<em>MarketWatch<\/em><\/p>\n<p><strong><a href=\"https:\/\/www.sandiegouniontribune.com\/business\/growth-development\/story\/2020-02-07\/what-should-san-diego-do-with-its-sports-arena-property\/\" target=\"_blank\" rel=\"nofollow\">What Should San Diego Do With its Sports Arena Property?<\/a><\/strong><\/p>\n<p>\u201cThe Midway District, home to San Diego\u2019s 54-year-old sports arena and a hodgepodge of retail and industrial buildings, is not a landmark destination. But it could be. At least that\u2019s the thinking behind the city\u2019s long-held desire to dramatically remake the district, starting with 48 acres it owns around Pechanga Arena San Diego.\u201d<br \/>\n\u2014<em>San Diego Union-Tribune<\/em><\/p>\n<p><strong><a href=\"https:\/\/commercialobserver.com\/2020\/02\/morgan-stanley-provides-78m-cmbs-refi-on-bronx-rental-portfolio\/\" target=\"_blank\" rel=\"nofollow\">Morgan Stanley Provides $78M CMBS Refi on Bronx Rental Portfolio<\/a><\/strong><\/p>\n<p>\u201cThe investment bank provided $77.7 million to FTERE to refinance previous debt from&nbsp;Customers Bank&nbsp;and&nbsp;Valley National Bank&nbsp;encumbering a portfolio of eight rental assets in the borough, a source said. This marks at least the third Morgan Stanley financing that FTERE has nabbed for a Bronx rental portfolio since the start of this year.\u201d&nbsp;<br \/>\n\u2014<em>Commercial Observer<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Federal government looking to sell off assets. Dallas-Fort Worth had second biggest construction pipeline in 2019. Restaurant chains struggling to survive despite record spending. Here&#8217;s a batch of other critical content for you to read, listen to or watch.<\/p>\n","protected":false},"author":1269,"featured_media":1004332004,"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-1004389892","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: Feb. 11, 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-feb-11-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DAILY READS: Feb. 11, 2020\" \/>\n<meta property=\"og:description\" content=\"Federal government looking to sell off assets. Dallas-Fort Worth had second biggest construction pipeline in 2019. Restaurant chains struggling to survive despite record spending. 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