The fourth quarter marked Burger King’s first full period under its new $400 million “Reclaim the Flame” turnaround plan, and thus far, the strategy appears to be taking hold. Burger King’s U.S. same-store sales rose 5 percent, on top of… Read More
CIRE Weekly
Yum! Brands Grows Like None Other in History
Yum! Brands’ development engine continues to run on all cylinders, delivering a record number of new stores for the second year in a row. The company opened 4,560 gross new units last year, the equivalent of one new restaurant every… Read More
Broader View as Inflation Ticks Back Up
With the announcement of January’s CPI numbers — 0.5% increase in January after a 0.1% increase in December, higher than predicted. That made a 12-month 6.4% inflation rate, which was still down from 6.5% in December, although over expectations. A… Read More
Core Retail Sales Rise in Every Category
Retail sales rebounded in January amid a pick-up in post-holiday spending. Retail sales in January were up 1.5% from December and increased 4.8% year-over-year, according to the National Retail Federation, whose calculation excludes automobile dealers, gasoline stations and restaurants to… Read More
CRE Can Create New 60-40 Model for Portfolios
For decades, many financial advisors have followed a formula for traditional client portfolio allocation which could broadly be described as 60 percent in equities and 40 percent in bonds, otherwise known as the 60-40 model. The rationale was that bonds… Read More
Turning Point for Rate Hikes & Inflation
Investors looking for a bit of respite from inflationary pressures may find solace in Fed Chairman Jerome Powell’s recent remarks following the central bank’s February meeting. At a press conference in the wake of that meeting, at which the Fed… Read More
Powell Expects Housing Disinflation
Federal Reserve Chair Jerome H. Powell has spent a lot of time talking about disinflation in the US economy and how his efforts in the past half-year have led to those results – a reduction in inflation. However, housing is… Read More
Health Care Driving CRE Income
Nationally it appears that there is insufficient square footage available to accommodate the significant growth seen in the healthcare real estate sector, with the rate of absorption outpacing new product deliveries, according to Northmarq. “This has put national occupancy rates… Read More
REITs Post Strongest Performance
REITs posted their strongest returns since January 2019 and outperformed broader markets, as the FTSE Nareit All Equity REITs index rose 10.1% and the FTSE Nareit Equity REITs index gained 10.7%. Broader markets rose as well, as the Dow Jones… Read More
Inflation Catches Up to STNL
It seems that inflation and a slowdown in the capital markets may have finally caught up with the single-tenant net lease sector, which has posted its fourth consecutive quarter of declining activity, according to an analysis from Northmarq. In Q4,… Read More