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Seven Must Reads for the CRE Industry Today (April 5, 2021)


Seven Must Reads for the CRE Industry Today (April 5, 2021)
The Wall Street Journal looks at how investors in the single-family rental market are snapping up a significant share of houses on the market. A major skyscraper in London is on sale providing a test for the appetite for office investment, reports Daily Business. These are among today’s must reads from around the commercial real estate industry.
If You Sell a House These Days, the Buyer Might Be a Pension Fund “From individuals with smartphones and a few thousand dollars to pensions and private-equity firms with billions, yield-chasing investors are snapping up single-family houses to rent out or flip. They are competing for houses with ordinary Americans, who are armed with the cheapest mortgage financing ever, and driving up home prices.” ( ....

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Astoria Eats Is A Local Alternative to Pricey Third Party Delivery Companies


Astoria Bier & Cheese [Official]
Astoria Eats, a new Queens-based food delivery platform that launched earlier this week, is looking to provide a local, more cost-effective alternative so restaurants don’t have to rely on larger third-party delivery companies like Grubhub and UberEats.
Already, the platform has signed on seven Astoria restaurants including popular Bangladeshi establishment Boishakhi and Greek spot Zenon Taverna. For now, the focus is local, and the delivery platform is meant to be a precursor to a planned new food hall in the neighborhood. Queens blogger Joe DiStefano is spearheading the delivery platform and has partnered with a development group which hopes to bring the food hall to the neighborhood as part of its massive, proposed mixed-use development in the area. ....

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