Good morning, investors. In today’s commercial real estate news, some retailers still succeed as Amazon grows, the Feds plan to raise interest rates, and Illinois realtors come out against rent control.
11 Retailers Still Thriving as Amazon Threatens on All Fronts
Amazon may be eating the retail pie, but there are still thriving businesses grabbing slices. Some of the winners include Ulta Beauty, Lowe’s, and O’Reilly Automotive. Read the article to find analyst’s thoughts on the companies.
Remarkably little is said about the ‘one chart,’ but investors should prepare for rising interest rates from the Fed. Janet Yellen the rest of the Reserve appear to believe the US economy is strong enough to stand on it’s own again.
Real Estate Trade Association Pushes Back on Bill that Would Allow Rent Control
It’s not quite LA’s Measure S, but Illinois real estate agents are coming out against a bill that could lead to rent control. Illinois realtor associations claim the bill will have many negative effects for property owners, tenants and taxpayers.