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Author Archives: Ramin Seddiq

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Rising Markups and Profitability

CRE Worldwide Posted on May 2, 2020 by Ramin SeddiqMay 2, 2020

Using data from the financial statements of all publicly traded firms covering all sectors of the U.S. economy over the period 1955-2016, a paper by Jan De Loecker, Jan Eeckhout and Gabriel Unger finds that aggregate markups (the cost-weighted average … Continue reading →

Posted in US CRE | Tagged Economy, Pricing

Labor Share of National Income in the U.S.

CRE Worldwide Posted on April 30, 2020 by Ramin SeddiqApril 30, 2020

The labor share of national income is the amount of GDP that is allocated to wages. Labor’s share has been declining in the U.S. since the 1980s with about three-quarters of the overall decline between World War II and 2016 … Continue reading →

Posted in US CRE | Tagged Economy

A Pandemic Exception to the Material Adverse Event Clause

CRE Worldwide Posted on April 29, 2020 by Ramin SeddiqApril 29, 2020

A material adverse event clause in a contract addresses the possibility of the occurrence of an unexpected change in circumstances (sometimes termed an “act of God”) that could significantly reduce the value of a company or cause a decline in … Continue reading →

Posted in US CRE | Tagged Investments, Leasing, Legal, Retail

A COVID-19 Retail Desert

CRE Worldwide Posted on April 28, 2020 by Ramin SeddiqApril 28, 2020

On March 13, the White House announced a public-private partnership with Walgreens, Walmart, Target, and CVS (and later Rite Aid and Kroger) to provide a portion of their parking lots across the nation for free drive-through COVID-19 testing. In part … Continue reading →

Posted in US CRE | Tagged Demographics, Development, Government, Retail

CARES Act Fixes the “Retail Glitch”

CRE Worldwide Posted on April 26, 2020 by Ramin SeddiqApril 26, 2020

The Tax Cuts and Jobs Act of 2017 (TCJA) abolished three nonresidential real property categories (qualified leasehold improvement property, qualified restaurant property and qualified retail improvement property) and replaced these categories with a broader category known as qualified improvement property … Continue reading →

Posted in US CRE | Tagged Government, Investments, Legal, Retail, Taxes

Brick-and-mortar Market Contraction Likely to Accelerate Post-COVID-19

CRE Worldwide Posted on April 25, 2020 by Ramin SeddiqApril 25, 2020

According to CNBC (citing data and research from UBS), there are nine malls per one million households in the U.S. – up from eight malls per one million in 1980. Taking into consideration the the overall shift in One of … Continue reading →

Posted in US CRE | Tagged Economy, Leasing, Retail, Technology

J.C. Penney Company, Inc. Seeking DIP Financing

CRE Worldwide Posted on April 24, 2020 by Ramin SeddiqApril 24, 2020

J.C. Penney Company Inc. is in discussions Wells Fargo & Co., Bank of America Corp. and JPMorgan Chase & Co. This surgical process keeps generic vs viagra check out for info the organ firm but bendable that it can react … Continue reading →

Posted in US CRE | Tagged Economy, Leasing, Legal, Lending, Retail

America’s Current Flat Tax Reality

CRE Worldwide Posted on April 23, 2020 by Ramin SeddiqApril 23, 2020

According to research by Emmanuel Saez and Gabriel Zucman, taking into account all taxes paid (including consumption taxes, payroll tax and residential property taxes), every income group in the United States contributes between 25 percent and 30 percent of its … Continue reading →

Posted in US CRE | Tagged Economy, Government, Taxes

Increase in Searches for Moving to NYC Suburbs

CRE Worldwide Posted on April 22, 2020 by Ramin SeddiqApril 22, 2020

Searches for moving to New York City suburbs are up almost 250 percent compared to the same period in 2019, according to moveBuddha. The data is derived from the last four weeks of queries on Older males usually viagra canada … Continue reading →

Posted in US CRE | Tagged Demographics, Housing Market, New York, Residential RE

New York Retail Market: Q1–2020

CRE Worldwide Posted on April 21, 2020 by Ramin SeddiqApril 21, 2020

Average retail asking rents in New York fell for the tenth consecutive quarter to $714/sf during Q1–2020 – a nine percent decline year-over-year, according to CNBC (citing data from CBRE). Retail rents in Times Square dropped by 15.7 percent from … Continue reading →

Posted in US CRE | Tagged Economy, Leasing, New York, Pricing, Retail

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