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Author Archives: Ramin Seddiq

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California Dreamin’ of Affordable Housing

CRE Worldwide Posted on June 19, 2019 by Ramin SeddiqJune 19, 2019

According to the National Low Income Housing Coalition’s “Out of Reach 2019″ report, the Fair Market Rent (FMR) for a two-bedroom apartment in California is $1,804/month. In order to afford this level of rent plus utilities (without paying more than … Continue reading →

Posted in US CRE | Tagged Demographics, Economy, Housing Market, Multi-family

Rothy’s to Open in Georgetown

CRE Worldwide Posted on June 18, 2019 by Ramin SeddiqJune 18, 2019

San Francisco-based Rothy’s will open a store in DC. The women’s shoe brand, which makes its products out of used materials such as recycled water bottles, brought in over $140 million in sales last year, according to CNBC. The Georgetown … Continue reading →

Posted in Metro DC CRE | Tagged Leasing, New York, Retail

Dollar General and FedEx Forge Alliance

CRE Worldwide Posted on June 17, 2019 by Ramin SeddiqJune 17, 2019

FedEx will offer drop-off and pickup services at thousands of Dollar General stores, according to a Dollar General press release. The strategic alliance is intended to leverage Dollar General’s unique rural store footprint resulting in more than 90 percent of … Continue reading →

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

Housing Stability and Tenant Protection Act of 2019

CRE Worldwide Posted on June 16, 2019 by Ramin SeddiqJune 16, 2019

On June 14, the New York State Legislature passed and Gov. Cuomo signed into law, the Housing Stability and Tenant Protection Act of 2019 (S6458). Some of the law’s provisions are noted below: Repeal of vacancy decontrol and high-income deregulation: … Continue reading →

Posted in US CRE | Tagged Government, Housing Market, Investments, Legal, Multi-family, New York, Operating Costs, Taxes

Cold Storage Heating Up

CRE Worldwide Posted on June 6, 2019 by Ramin SeddiqJune 6, 2019

According to the Food Marketing Institute and Nielsen (cited in a CNBC report), an additional $100 billion It can also allow you to get a prescription from cialis tadalafil 20mg your doctor. Medicines are prescribed in order to treat viagra … Continue reading →

Posted in US CRE | Tagged Absorption, Industrial, Technology

The Baumol Effect

CRE Worldwide Posted on June 2, 2019 by Ramin SeddiqJune 2, 2019

The Baumol Effect is the rise in production/labor costs in industries that have experienced little or no gain in productivity over time because they cannot economize on labor so easily in the face of rising wages (i.e. education, the performing … Continue reading →

Posted in US CRE | Tagged Economy, Government, Healthcare Real Estate, Operating Costs

New York’s Sky-high Infrastructure Costs

CRE Worldwide Posted on June 1, 2019 by Ramin SeddiqJune 1, 2019

New York intends to spend $39 million per subway station for the next round of accessibility retrofits, which will add elevators and ramps. This is double what it costs to make a station accessible in London, five times what it costs … Continue reading →

Posted in US CRE | Tagged Construction, Development, Government, Industrial, New York

Market Dominance in Eyewear

CRE Worldwide Posted on May 27, 2019 by Ramin SeddiqMay 27, 2019

The average price of glasses purchased in the U.S. is in the hundreds – $238 for frames, $113 for lenses and $201 for an eye exam, according to CNBC (citing data from VSP Vision Care). A possible reason for the … Continue reading →

Posted in US CRE | Tagged Economy, Europe, Healthcare Real Estate, Legal, Retail

Retail Woes

CRE Worldwide Posted on April 16, 2019 by Ramin SeddiqApril 16, 2019

So far in 2019, 5,994 stores have closed in the U.S., compared to 5,864 store closings in all of 2018, according to The Real It is the result of Foci increase to http://www.midwayfire.com/wp-content/uploads/2014/04/Approved-minutes-1-14-14.doc cialis cheap generic stretch renal capsule or … Continue reading →

Posted in US CRE | Tagged Economy, Leasing, Retail

Downtown Miami Retail

CRE Worldwide Posted on April 15, 2019 by Ramin SeddiqApril 15, 2019

Downtown Miami has one of the highest retail vacancy rates in Miami-Dade County, according to Law.com. About 21.5 percent (more than 3 million square feet) was vacant in Q4-2018 and the average direct asking rent was $59.43/sf NNN, according to … Continue reading →

Posted in US CRE | Tagged Economy, Leasing, Pricing, Retail, Vacancy Rates

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